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Ut Medical Group Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 621162462 ✦ Memphis, TN ✦ Designated as a 501(c)(3)

Overview

What is Ut Medical Group Inc?

Ut Medical Group Inc is a leading medical organization based in Memphis, Tennessee, with a commitment to serving the community as a whole, regardless of financial ability. With a workforce of 680 professionals, the group provides a wide range of medical services, including primary care, specialty consultations, and surgical procedures. They cater to a diverse population, including Medicare, Medicaid, TennCare, and indigent patients from Shelby County and beyond. Faculty physicians and other professional employees contribute significantly to the medical training and education of health professionals, primarily third and fourth-year medical students, in conjunction with the UTHSC College of Medicine. In addition, the group is dedicated to medical research and education that promote long-term health and welfare for patients and the general public. Their research programs focus on the prevention and treatment of various illnesses, as well as the effects of drugs and medications on various diseases and medical conditions. The group maintains agreements with several hospitals and clinics, including Regional One, Le Bonheur Children's Hospital, and St. Jude Children's Research Hospital, to deliver healthcare services. Their mission is to be a successful, physician-led, professionally managed medical practice that benefits patients and the community while supporting the UT Health Science Center's mission through clinical excellence, financial responsibility, and a culture of care at every touchpoint.


Official website here: www.universityclinicalhealth.com

Is Ut Medical Group Inc legitimate?

Ut Medical Group Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ut Medical Group Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $2,969,581
Professional Fundraising Fees: $0
Other Salaries and Wages: $48,277,440

For more financial information, click here


Official website here: www.universityclinicalhealth.com

What is the mission statement of Ut Medical Group Inc?

Ut Medical Group Inc is a successful physician-led medical practice committed to benefiting patients and the community. They support the mission of the UT Health Science Center through clinical excellence, financial responsibility, and a culture of care at every touchpoint. The group provides medical services to the community regardless of ability to pay, accepting patients with Medicare, Medicaid, TennCare, as well as indigent patients. The professionals in the group contribute significantly to the medical training and education of health professionals, and engage in medical research and education to promote long-term health and welfare. They offer a range of services including primary care, specialty consultations, diagnostic evaluations, surgical procedures, and provide healthcare services in numerous hospital and clinic settings. The group's faculty physicians provide healthcare services to patients at the Centers of Excellence, which include trauma, burn, wound care, newborn, adult special care, and sickle cell centers.


Official website here: www.universityclinicalhealth.com

Who is the CEO of Ut Medical Group Inc?

Shannon Tacker is the President/Ceo/Treasurer of Ut Medical Group Inc. The CEO's salary of Ut Medical Group Inc is $386,383 and their total compensation is $424,735.


Official website here: www.universityclinicalhealth.com

What is the revenue of Ut Medical Group Inc?

Ut Medical Group Inc's revenue in 2022 was $85,555,164.


Official website here: www.universityclinicalhealth.com

Who are the executives of Ut Medical Group Inc and what are their salaries?

The average compensation at Ut Medical Group Inc during 2022 was $75,363. There are 680 employees and 20 volunteers at Ut Medical Group Inc.

Here are 19 key members and their salaries (Ut Medical Group Inc's CEO's salary is $386,383 and their total compensation is $424,735):

    Scott Strome (Chairman Of The Board) [Trustee/Director]
  • Compensation: $106,310
  • Related: $850,550
  • Other: $90,361

    • M Barry Randall (Physician)
  • Compensation: $816,680
  • Related: $30,396
  • Other: $58,162

    • Sai Velamuri Venkata (Physician)
  • Compensation: $780,493
  • Related: $80,281
  • Other: $29,632

    • David Shibata (Chair Of Uthsc Dept Of Sur) [Trustee/Director]
  • Compensation: $0
  • Related: $824,600
  • Other: $39,853

    • Tejesh Patel (Chair Of Uthsc Dept Of Der) [Trustee/Director]
  • Compensation: $523,496
  • Related: $243,584
  • Other: $50,322

    • Jon Mccullers (Sr Exec Associate Dean Of) [Trustee/Director]
  • Compensation: $0
  • Related: $745,291
  • Other: $61,628

    • David Schwartz (Physician)
  • Compensation: $518,455
  • Related: $203,359
  • Other: $59,041

    • David W Peeler (Physician)
  • Compensation: $756,818
  • Related: $0
  • Other: $12,200

    • Kennard Brown (Exec Vice Chancellor Of Ut) [Trustee/Director]
  • Compensation: $0
  • Related: $670,074
  • Other: $66,609

    • M Boyd Gillespie (Chair Of Uthsc Dept Of Oto) [Trustee/Director]
  • Compensation: $432,031
  • Related: $221,095
  • Other: $72,707

    • Robert Wallace (Physician)
  • Compensation: $567,418
  • Related: $64,522
  • Other: $16,837

    • Robert Canada (Chief Medical Officer) [Trustee/Director]
  • Compensation: $457,593
  • Related: $136,837
  • Other: $52,079

    • Muneeza Khan (Chair Of Uthsc Dept Of Fam) [Trustee/Director]
  • Compensation: $50,924
  • Related: $456,661
  • Other: $42,603

    • Ajay Jayantilal Talati (Secretary, Chair Of Uthsc) [Trustee/Director]
  • Compensation: $509,362
  • Related: $0
  • Other: $12,200

    • G Nicholas Verne (Chair Of Uthsc Dept Of Med) [Trustee/Director]
  • Compensation: $0
  • Related: $434,692
  • Other: $67,722

    • Anthony Ferrara (Sr Vice Chancellor Of Fina) [Trustee/Director]
  • Compensation: $0
  • Related: $446,833
  • Other: $45,678

    • Shannon Tacker (President/Ceo/Treasurer) [Trustee/Director]
  • Compensation: $386,383
  • Related: $0
  • Other: $38,352

    • Michael Jackson (Cfo)
  • Compensation: $260,003
  • Related: $0
  • Other: $21,798

    • Courtney K Love (Chief Administrative Offic)
  • Compensation: $243,476
  • Related: $0
  • Other: $19,223


  • Official website here: www.universityclinicalhealth.com

    Where can I find the form 990 for Ut Medical Group Inc?

    The Ut Medical Group Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.universityclinicalhealth.com

    Learn more at the official website: www.universityclinicalhealth.com

    Mission Statement of Ut Medical Group Inc

    Ut Medical Group Inc, a successful physician-led medical practice, is dedicated to benefiting patients and the community while supporting the UT Health Science Center's mission through clinical excellence, financial responsibility, and a culture of care at every touchpoint. The group's medical services are accessible to the community regardless of ability to pay, with a significant number of patients covered by TennCare, Medicaid, or no insurance. Ut Medical Group Inc has agreements with various hospitals, including Regional One, to provide professional services to indigent patients. The faculty physicians and other professional employees of the group extend their healthcare services beyond Shelby County to out-of-state residents and foreign countries with limited incomes.

    Ut Medical Group Inc prioritizes the medical training and education of health professionals in conjunction with the UTHSC College of Medicine. The group contributes personnel and financial resources to support this effort. During the year, faculty physicians were involved in the education of 300 of the 600 medical students. In addition, the professional employees of the group engage in programs of medical research and education that promote the long-term health and welfare of patients and the general public. The research programs focus on prevention and treatment of illnesses as well as the effects of drugs and medications on a variety of diseases and medical conditions.

    Ut Medical Group Inc provides a wide range of services, including primary care, specialty consultations, subspecialty procedures and diagnostic evaluations, and surgical procedures. Healthcare services are delivered in numerous hospital and clinic settings, including inpatient and outpatient care at various hospitals, such as Le Bonheur Children's Hospital and Memphis VA Medical Center. Ut Medical Group Inc's faculty physicians provide healthcare services to patients of the Centers of Excellence at the Med, which include the Trauma Center, Burn Center, Wound Care Center, Newborn Center, Adult Special Care, and Sickle Cell Center.

    Impact

    This information is meant to be a general summary of Ut Medical Group Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    UT Medical Group Inc's impact is significant in providing comprehensive medical services to a diverse patient population, including those with limited incomes and without insurance coverage. They prioritize patient care and community health by offering services to all individuals, regardless of their ability to pay. Additionally, the group plays a crucial role in medical education and research, contributing to the training of health professionals and the advancement of healthcare practices. Through their commitment to clinical excellence and compassionate care, UT Medical Group Inc positively influences the well-being of patients and the broader community in Memphis, TN.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,391,710
  • Program Service Revenue: $68,355,060
  • Gross Receipts: $85,555,164

    • Assets and Liabilities:
  • Total Assets: $47,663,795
  • Total Liabilities: $25,205,687
  • Net Assets: $22,458,108
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    NET PATIENT CHARGES

    Revenue

    $44,653,034

    CONTRACT REVENUE

    Revenue

    $21,006,127

    MEDICAL DIRECTOR REVEN

    Revenue

    $2,098,681

    MANAGEMENT FEE INCOME

    Revenue

    $597,218

    Organization Details

    Founding Year

    1983

    Principal Officer

    Shannon Tacker

    Main Address

    1407 UNION AVENUE 700, MEMPHIS, TN, 38104

    NTEE Category

    Code: E31 - Health

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