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University Medical Group

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

EIN: 930608012 ✦ Portland, OR ✦ Designated as a 501(c)(3)

Overview

What is University Medical Group?

University Medical Group (UMG) is a nonprofit organization based in Portland, Oregon, dedicated to supporting the charitable, educational, and scientific missions of Oregon Health & Science University (OHSU). The primary focus of UMG is to provide administrative and management services, specifically offering professional fee billing and collection, and revenue cycle management for OHSU faculty practice plan. During fiscal year 2021, UMG served 1,896 OHSU clinicians. The organization, with a team of 183 employees, operates exclusively to benefit OHSU.


Is University Medical Group legitimate?

University Medical Group is a legitimate nonprofit organization registered as a 501(c)(3) entity. University 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $14,173,760

For more financial information, click here


What is the mission statement of University Medical Group?
Who is the CEO of University Medical Group?
What is the revenue of University Medical Group?
Who are the executives of University Medical Group and what are their salaries?
Where can I find the form 990 for University Medical Group?

Mission Statement of University Medical Group

University Medical Group (UMG) is a vital organization dedicated to serving Oregon Health & Science University (OHSU) by providing essential administrative and management services. Established with the sole purpose of supporting OHSU's charitable, educational, and scientific missions, UMG offers a range of services to enhance the university's operations.

UMG's primary role is to offer professional fee billing and collection, as well as revenue cycle management for OHSU's faculty practice plan. By handling these critical administrative tasks, UMG allows OHSU clinicians to focus on delivering high-quality care to their patients. During the fiscal year 2021, UMG processed billing and collection services for 1,896 OHSU clinicians, ensuring a smooth financial workflow for the university.

Through its mission, University Medical Group plays a crucial role in supporting the important missions of Oregon Health & Science University. By providing administrative and management services, UMG enables OHSU to carry out its charitable, educational, and scientific objectives effectively and efficiently.

Impact

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




Thursday, August 15, 2024

University Medical Group plays a crucial role in supporting the charitable, educational, and scientific missions of Oregon Health & Science University (OHSU) by providing essential administrative and management services. Through professional fee billing, collection services, and revenue cycle management, University Medical Group enables OHSU to focus on delivering high-quality healthcare services and advancing medical research. In FY 2021, University Medical Group assisted nearly 1,900 OHSU clinicians, facilitating the efficient operation of the faculty practice plan and ensuring that OHSU can continue its vital work in healthcare and medical research.





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 2021.

  • Investment Income: $102
  • Program Service Revenue: $19,037,309
  • Gross Receipts: $19,037,411

    • Assets and Liabilities:
  • Total Assets: $0
  • Total Liabilities: $0
  • Net Assets: $0
  • Programs

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

    OHSU SUPPORT

    Revenue

    $16,867,470

    GRANTS & REIMBURSEMENTS

    Revenue

    $1,988,230

    BILLING FEES

    Revenue

    $181,609

    Organization Details

    Founding Year

    1998

    Principal Officer

    Anthony Masciotra

    Main Address

    1400 SW 5TH AVENUE SUITE 500, PORTLAND, OR, 97201

    NTEE Category

    Code: H02 - Medical research

    If you are a representative of University 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.