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Banner Medical Group

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

EIN: 900532830 ✦ Phoenix, AZ ✦ Designated as a 501(c)(3)

Overview

What is Banner Medical Group?

Banner Medical Group (BMG) is a nonprofit organization established to enhance Banner Health's (BH) mission of providing easier and better healthcare. With a workforce of 3,943 employees, BMG focuses on coordinated and integrated care and population health management. BMG's providers are primarily housed in BH clinics and offer high-quality primary and specialist healthcare services. Some providers work in BH's acute care hospitals, delivering specialty procedure-based care. Additional providers are allied health professionals who offer occupational health services in BH's clinics. By consolidating provider employment, BMG allows BH to improve transparency and accountability, respond to changes in the healthcare system, and provide a range of healthcare services in a patient-friendly environment.


Official website here: www.bannerhealth.com

Is Banner Medical Group legitimate?

Banner Medical Group is a legitimate nonprofit organization registered as a 501(c)(3) entity. Banner Medical Group 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: $3,289,904
Professional Fundraising Fees: $0
Other Salaries and Wages: $452,533,660

For more financial information, click here


Official website here: www.bannerhealth.com

What is the mission statement of Banner Medical Group?

Banner Medical Group was established to support Banner Health in delivering integrated and coordinated care and population health management. By consolidating provider employment under a single entity, BMG enables Banner Health to coordinate and integrate services, improving transparency and accountability in physician operations. This alignment with Banner Health's mission allows for a more effective response to changes in the healthcare system. BMG's employed providers offer various services, including primary and specialist care in convenient clinic settings and procedure-based care in acute care hospitals. Additionally, allied health providers deliver occupational health services in Banner Health's occupational health clinics.


Official website here: www.bannerhealth.com

What is the revenue of Banner Medical Group?

Banner Medical Group's revenue in 2022 was $501,671,533.


Official website here: www.bannerhealth.com

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

The average compensation at Banner Medical Group during 2022 was $115,603. There are 3,943 employees at Banner Medical Group.

Here are 12 key members and their salaries (Banner Medical Group's CEO's salary is $709,977 and their total compensation is $864,475):

    David Bixby (Former Secretary)
  • Compensation: $0
  • Related: $1,364,975
  • Other: $348,343

    • Rajeev Kathuria Md (Physician)
  • Compensation: $1,447,077
  • Related: $0
  • Other: $38,057

    • Martin Benoit Md (Physician)
  • Compensation: $1,397,880
  • Related: $0
  • Other: $37,362

    • John Toth Md (Physician)
  • Compensation: $1,208,432
  • Related: $0
  • Other: $36,934

    • Gordon Cohen Md (Physician)
  • Compensation: $1,209,880
  • Related: $0
  • Other: $24,361

    • Brent Clyde Md (Physician)
  • Compensation: $1,185,453
  • Related: $0
  • Other: $36,028

    • Patrick Rankin Md (Director/Ceo (Through 2/28/22))
  • Compensation: $858,238
  • Related: $0
  • Other: $7,907

    • Shiva Birdi Md (Director/Ceo - Bmg)
  • Compensation: $709,977
  • Related: $0
  • Other: $154,498

    • Dennis Bierle (Director/Secretary (Through 10/4/22) /Coo - Medical Group)
  • Compensation: $650,891
  • Related: $0
  • Other: $43,037

    • Carol Karp (Director/Treasurer/Division Cfo)
  • Compensation: $481,976
  • Related: $0
  • Other: $38,618

    • Garrick Richards Md (Director/Secretary / Coo - Medical Group)
  • Compensation: $315,012
  • Related: $0
  • Other: $29,750

    • Elizabeth Avant (Former Assistant Secretary)
  • Compensation: $0
  • Related: $146,583
  • Other: $11,462


  • Official website here: www.bannerhealth.com

    Where can I find the form 990 for Banner Medical Group?

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


    Official website here: www.bannerhealth.com

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

    Mission Statement of Banner Medical Group

    Banner Medical Group (BMG), a vital component of the Banner Health (BH) system, was established with a mission to facilitate BH's mission to make healthcare easier and improve lives by providing integrated and coordinated care and population health management. BMG's primary focus is to enable BH to offer higher quality, more efficient, less expensive, and less duplicative healthcare to the communities it serves.

    To further BH's exempt purposes, BMG consolidated provider employment within a single entity. This strategic move enables the organization to coordinate and integrate with BH, enhancing transparency and accountability in physician operations. BMG's employed providers offer a range of services, including primary care and specialty services in clinics located throughout BH's service area and in acute care hospitals. These providers cater to the healthcare needs of the communities, delivering high-quality care in a convenient and patient-friendly environment.

    Furthermore, BMG's specialists provide procedure-based care in acute care hospitals, offering services in fields such as cardiology, gastroenterology, and urology, among others. Hospitalists and intensivists are also part of this group, ensuring round-the-clock care for patients admitted to BH's acute care hospitals and intensive care units. Additionally, BMG's allied health providers offer occupational health services in BH's occupational health clinics, providing traditional workers' compensation, employee health evaluations, and similar services for both BH's workforce and employers in the served communities.

    Impact

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




    Thursday, August 15, 2024

    Banner Medical Group's impact is significant in the healthcare industry as it plays a crucial role in assisting Banner Health in achieving its mission of making healthcare easier, so life can be better. By providing integrated and coordinated care, as well as population health management, Banner Medical Group contributes to the delivery of high-quality healthcare services in a convenient and patient-friendly environment. Its activities encompass a wide range of medical services, from primary care to specialty procedures, ensuring that the healthcare needs of the community are met efficiently and effectively. Through its efforts, Banner Medical Group helps improve transparency, accountability, and alignment within the healthcare system, ultimately leading to better health outcomes for the communities served by Banner Health.





    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: $4,431
  • Program Service Revenue: $495,180,952
  • Gross Receipts: $501,671,533

    • Assets and Liabilities:
  • Total Assets: $126,906,730
  • Total Liabilities: $84,606,149
  • Net Assets: $42,300,581
  • Programs

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

    Healthcare Services

    Revenue

    $495,180,952

    Organization Details

    Founding Year

    2009

    Main Address

    2901 N Central Ave Suite 160, Phoenix, AZ, 85012

    NTEE Category

    Code: E24 - Health

    If you are a representative of Banner Medical Group and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.