Milford Regional Physician Group Inc

What it reported doing in 2023

Milford Regional Physicians Group has 21 specialist groups servicing the 20 communities of Central Massachusetts. The group of 48 specialists includes pulmonary and critical care, rheumatology, urology, obstetrics and gynecology, endocrinology, sleep medicine, ear nose & throat, and more. Our Lung Allergy & Sleep Pulmonary & Critical Care specialists have expertise in a range of respiratory conditions including but not limited to: lung cancer diagnosis and treatment; chronic obstructive lung diseases including asthma; pulmonary vascular disease including pulmonary hypertension; respiratory failure; and lung infections. Our Rheumatologist specializes in the diagnosis and treatment of arthritis and other diseases of the muscles, joints and bones. Our Urologists perform the evaluation and treatment of diseases of the male and female urinary tract. Our Obstetrics & Gynecology providers manage pregnancy, labor and childbirth, as well as the diagnosis and treatment of diseases of the female reproductive system. Our Endocrinologist specializes in diagnosing and treating diseases that affect the endocrine system. In addition, we work closely with the diabetes program at Milford Regional Medical Center to provide a range of services to help optimize diabetes management. Our Sleep Center conducts polysomnograms to diagnose various sleep disorders, the most common of which is Obstructive Sleep Apnea. Our Ear, Nose and Throat specialists are trained in the medical and surgical treatment of the ears, nose, throat and related structures of the head and neck. Our Cardiologists specialize in the diagnosis and treatment of cardiac disorders such as arrhythmia, hypertension, congestive heart failure, coronary artery disease, and heart attack. Our Orthopedists evaluate and treat conditions of the musculoskeletal system, extremities, joints, muscles, tendons and ligaments.

Financial Efficiency

• Mission deployment rate: 100%; rating input score 100
• Program expense ratio: 97.4%; rating input score 97
• Fundraising efficiency: Limited

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 71st percentile among comparable filings
• Pay-setting controls: 4 of 6 controls in place; rating input score 67
• Foreign activity oversight: Limited
• Grant itemization coverage: Limited
• Major donor itemization: Limited
• Related-party transparency: Yes; rating input score 100
• Public monitoring controls: 0 of 8 controls in place; rating input score 0
• Public policy transparency: 0 of 7 controls in place; rating input score 0
• Public financial transparency: 0 of 5 controls in place; rating input score 0
• Impact reporting controls: 0 of 7 controls in place; rating input score 0
• Public relationship transparency: No; rating input score 0

Accountability

• Independent voting board: 80%; rating input score 80; 28th percentile among comparable filings
• Governance controls: 8 of 8 controls in place; rating input score 100
• Public governance controls: 0 of 4 controls in place; rating input score 0
• Zakat policy transparency: Limited

Sustainability

• Operating margin: -8.5%; rating input score 10; 10th percentile among comparable filings
• Operating reserve ratio: 0.53; rating input score 20; 20th percentile among comparable filings
• Liabilities to assets ratio: 0.95; rating input score 9; 9th percentile among comparable filings
• Officer compensation ratio: 3.2%; rating input score 34; 34th percentile among comparable filings

Growth

• Program expense growth: 8.9% per year; rating input score 100; 70th percentile among comparable filings
• Revenue growth: 8.2% per year; rating input score 100; 69th percentile among comparable filings
• Asset growth: 17.9% per year; rating input score 100; 90th percentile among comparable filings