Lifespan Physician Group Inc Brown Health Medical Group

Overview

Mission

BHMG provides accountable patient-centered, high quality, efficient, value-based care to serve the health care needs of Rhode Islanders and others. BHMG's mission is: Delivering health with care.

What it reported doing in 2023

BHMG Anesthesiology: The providers of BHMG's anesthesiology practice group provide anesthesia care for adults, children, and adolescents undergoing surgery at Brown University Health hospitals and outpatient centers. The physicians and specialty-trained nurses of this group make up the largest anesthesia group in Rhode Island and bring their expertise from many of the nation's top training programs. Services include preoperative assessments and consultations, state-of-the-art equipment for general, regional, and intravenous sedation techniques, subspecialty expertise in ambulatory, cardiac, neurosurgical, thoracic, vascular, and regional anesthesia, as well as postoperative acute and chronic pain management.

Operating model

Revenue model
Earned-program. 98% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The nonprofit carried out 99% of its reported program work directly.

Nonprofit profile at a glance

EIN
050389801
IRS 990 coverage
2009–2023
Forms available
Form 990 2023
Headquarters
Providence, RI, USA
Rating
80
Verdict
STRONG
Rating confidence
Moderate
Sector
Health

Official website

Request a diligence report

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. A relatively small share of voting board members are independent and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 95
  • Transparency & Controls: 95
  • Accountability: 42
  • Sustainability: 5
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 87%; rating input score 87
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 71st percentile among comparable filings
  • Pay-setting controls: 5 of 6 controls in place; rating input score 83
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 77th percentile among comparable filings
  • Major donor itemization: Limited
  • Related-party transparency: Limited
  • Public monitoring controls: Limited
  • Public policy transparency: Limited
  • Public financial transparency: Limited
  • Impact reporting controls: Limited
  • Public relationship transparency: Limited

Accountability

  • Independent voting board: 0%; rating input score 0; 4th percentile among comparable filings
  • Governance controls: 9 of 9 controls in place; rating input score 100
  • Public governance controls: Limited
  • Zakat policy transparency: Limited

Sustainability

  • Operating margin: -30.3%; rating input score 3; 3rd percentile among comparable filings
  • Operating reserve ratio: 0.18; rating input score 5; 5th percentile among comparable filings
  • Liabilities to assets ratio: 1.02; rating input score 6; 6th percentile among comparable filings
  • Officer compensation ratio: 5.9%; rating input score 11; 11th percentile among comparable filings

Growth

  • Program expense growth: 11.6% per year; rating input score 100; 80th percentile among comparable filings
  • Revenue growth: 14% per year; rating input score 100; 87th percentile among comparable filings
  • Asset growth: 16.9% per year; rating input score 100; 88th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 87% of spending went to programs
  • Governance: 0 of 16 board members independent · 9 of 9 filing controls reported
  • Programs: 3 filed program accomplishments · $285M in reported program spending
  • Leadership: top reported pay $3.7M · 26 people listed · 5 of 6 pay-setting controls reported
  • Consistency: 32 of 32 current checks pass
  • Schedules: 7 filed schedules · includes grants and executive pay
  • Filing history: 14 annual filings from 2009 to 2023
  • Money network: 23 filed money-flow records
  • Related organizations: 38 filed related-organization links