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Banner -University Medical Group

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

EIN: 942958258 ✦ Phoenix, AZ ✦ Designated as a 501(c)(3)

Overview

What is Banner -University Medical Group?

Banner-University Medical Group (BUMG) is a renowned medical group composed of approximately 1,000 physicians based in Phoenix, Arizona. They practice at Banner Health's hospitals and numerous clinics across Tucson, Southern Arizona, and Nevada. BUMG physicians are affiliated with the University of Arizona College of Medicine, educating over 500 medical students and training nearly as many postgraduate medical residents annually. Their research initiatives span various facilities and programs, including the University of Arizona's Cancer Center, Steele Children's Research Center, Arizona Arthritis Center, and Sarver Heart Center. BUMG collaborates with Banner Health to make healthcare more accessible and effective by offering integrated and coordinated care and population health management.


Official website here: www.bannerhealth.com

Is Banner -University Medical Group legitimate?

Banner -University Medical Group is a legitimate nonprofit organization registered as a 501(c)(3) entity. Banner -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: $1,892,205
Professional Fundraising Fees: $0
Other Salaries and Wages: $460,804,586

For more financial information, click here


Official website here: www.bannerhealth.com

What is the mission statement of Banner -University Medical Group?

Banner-University Medical Group (BUMG) strives to help people lead better lives by delivering integrated and coordinated healthcare and population health management. Comprising approximately 1,000 physicians, BUMG provides care at hospitals and clinics across various locations. By being affiliated with the University of Arizona College of Medicine, BUMG contributes to the education of over 500 medical students and trains nearly as many postgraduate medical residents each year. Additionally, BUMG physicians conduct research at esteemed research facilities like the University of Arizona Cancer Center and Steele Children's Research Center. Their commitment to improving health care extends beyond patient care, with a focus on continuous learning and innovation.


Official website here: www.bannerhealth.com

What is the revenue of Banner -University Medical Group?

Banner -University Medical Group's revenue in 2022 was $487,837,050.


Official website here: www.bannerhealth.com

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

The average compensation at Banner -University Medical Group during 2022 was $137,625. There are 3,362 employees and 150 volunteers at Banner -University Medical Group.

Here are 18 key members and their salaries (Banner -University Medical Group's CEO's salary is $700,831 and their total compensation is $806,058):

    Dennis Laraway (Director/Treasurer / Cfo - Banner Health)
  • Compensation: $0
  • Related: $2,565,572
  • Other: $505,840

    • Marjorie Bessel Md (Director / Cco - Banner Health)
  • Compensation: $0
  • Related: $1,675,989
  • Other: $800,391

    • Donald Nordlund (Director / Chief Strategy/Growth Officer - Banner Health)
  • Compensation: $0
  • Related: $1,564,909
  • Other: $826,897

    • Tamim Sultani Md (Physician)
  • Compensation: $1,328,709
  • Related: $0
  • Other: $19,001

    • Wilber Su Md (Physician)
  • Compensation: $1,296,006
  • Related: $0
  • Other: $40,173

    • Evan Lederman Md (Physician)
  • Compensation: $1,304,518
  • Related: $0
  • Other: $12,713

    • Rishi Gosalia Md (Physician)
  • Compensation: $1,113,707
  • Related: $0
  • Other: $42,867

    • Michael Murray Md (Physician)
  • Compensation: $1,110,373
  • Related: $0
  • Other: $38,429

    • Larry Goldberg (President/Co-Chairman (Through 3/4/2022)) [Trustee/Director]
  • Compensation: $0
  • Related: $967,853
  • Other: $8,628

    • Chad Whelan (Division President (Through 9/1/22)) [Trustee/Director]
  • Compensation: $815,540
  • Related: $0
  • Other: $69,422

    • George Damron (Vp Financial Operations & Division Cfo (Through 8/20/22)) [Trustee/Director]
  • Compensation: $0
  • Related: $823,527
  • Other: $51,960

    • Venkata Evani Md (Co-Chairman / Ceo) [Trustee/Director]
  • Compensation: $700,831
  • Related: $0
  • Other: $105,227

    • Carol Karp (Former Director)
  • Compensation: $0
  • Related: $481,976
  • Other: $38,618

    • Scott Hofferber (Former Officer)
  • Compensation: $375,831
  • Related: $0
  • Other: $39,618

    • Lisa Runley (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Dake (Co-Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Guy Reed (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Abecassis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.bannerhealth.com

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

    The Banner -University 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 -University Medical Group

    Banner-University Medical Group, comprised of approximately 1,000 physicians, is dedicated to making healthcare easier and improving lives by providing integrated and coordinated care and population health management. The mission of this esteemed medical group goes beyond just delivering medical services; it aims to simplify the healthcare experience for its patients.

    With connections to the University of Arizona College of Medicine, Banner-University Medical Group's physicians play a significant role in educating over 500 medical students and training nearly as many postgraduate medical residents each year. This commitment to passing on knowledge and expertise is a testament to the group's dedication to advancing the field of medicine. Furthermore, the physicians conduct groundbreaking research at various facilities and programs, including the University of Arizona's Cancer Center, Steele Children's Research Center, Arizona Arthritis Center, and Sarver Heart Center. This research paves the way for new treatments and medical advancements, ultimately benefiting patients and the medical community as a whole.

    In essence, Banner-University Medical Group is more than just a group of physicians; it is a team of dedicated professionals working together to make a difference in people's lives through exceptional healthcare, education, and research. Their unwavering commitment to providing integrated and coordinated care and population health management sets them apart in the medical field, ensuring that they continue to make a positive impact on the lives of their patients.

    Impact

    This information is meant to be a general summary of Banner -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

    Banner -University Medical Group's impact lies in its significant contribution to the healthcare sector, particularly in the areas of integrated and coordinated care as well as population health management. With approximately 1,000 physicians practicing at various locations across Tucson, Southern Arizona, and Nevada, the group plays a crucial role in assisting Banner Health in fulfilling its mission of making healthcare easier so life can be better.

    Moreover, the connection of Banner -University Medical Group physicians with the University of Arizona College of Medicine allows them to educate over 500 medical students and train a substantial number of postgraduate medical residents each year. Additionally, their involvement in conducting research at esteemed institutions such as the University of Arizona's Cancer Center, Steele Children's Research Center, Arizona Arthritis Center, and Sarver Heart Center further amplifies their impact on the medical field. This comprehensive approach to healthcare, education, and research underscores Banner -University Medical Group's significant and far-reaching influence.





    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: $42
  • Program Service Revenue: $486,960,736
  • Gross Receipts: $487,837,050

    • Assets and Liabilities:
  • Total Assets: $98,779,478
  • Total Liabilities: $77,071,307
  • Net Assets: $21,708,171
  • Programs

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

    Healthcare Services

    Revenue

    $486,960,736

    Organization Details

    Founding Year

    1983

    Main Address

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

    NTEE Category

    Code: E31 - Health

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