Associated Physicians of Harvard Medical Faculty Physicians at Bidmc Inc

Nonprofit profile at a glance

EIN
320058309
IRS 990 coverage
2010–2024
Forms available
Form 990 2024, Form 990-T 2024
Location
Boston, MA, USA
Phone
7817448924
Rating
76
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Fund Raising and/or Fund Distribution

Reported finances

Revenue
$286,190,282
Expenses
$278,372,291
Assets
$81,899,858
Liabilities
$47,184,744

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

14 people listed

Executive titles in this filing

  • KIMBALL MD MPH ALEXA B (DIR (EX-OFF) & PRES (HMFP CEO))

Highest reported compensation

  • RODRIGUEZ MD EDWARD KENNETH (DIR; ORTHO SURG CHF BIDMC/CHR HMFP): $1,254,682 total reported compensation
  • KIMBALL MD MPH ALEXA B (DIR (EX-OFF) & PRES (HMFP CEO)): $1,224,783 total reported compensation
  • STEVENSON MD PHD MARY ANN (DIR; RAD ONC CHF BIDMC/CHR HMFP): $1,036,350 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The mission of associated physicians of harvard medical faculty physicians at beth israel deaconess medical center, inc. D/b/a longwood specialty physicians (lsp) is to provide world class clinical care and medical instruction and to support cutting edge medical research. Aphmfp serves patients in the community setting compassionately to create a healthy future for them and their families. The partnership between the beth israel deaconess medical center, other hospitals within the beth israel lahey health system (bilh) and aphmfp allows physicians to jointly carry out its missions of teaching, research and extraordinary clinical care with a commitment to ensuring aphmfp has best physicians, scientists, and advanced practitioners in support of these activities. Aphmfp collaborates with community partners and together provides the clinical integration that will best serve patients to improve the quality of care.

What it reported doing in 2024

Clinical care aphmfp leverages its size to support a full range of clinical and management services in the community setting. These services include the deployment of specialty physicians, comprehensive recruiting and retention programs when additional physicians are needed in the community, continuous quality improvement, risk management, specialty-specific information systems and patient satisfaction measures to enhance clinical integration for those patients served in the community setting. Some of aphmfp's key statistics for fy2025 regarding patient care are identified below: emergency visits 226,013neonatal visits 10,825outpatient visits 48,611inpatient visits 148,333anesthesia cases 75,730surgical cases 11,775gastrointestinal procedures 6,378radiology exams 267,501surgical pathology exams 36,722 the aphmfp department of emergency medicine (emed) is uniquely qualified to provide emergency services based on a variety of strengths in the clinical, academic and administrative settings. Emed is a professional group of board prepared and board certified emergency physicians with a practice that includes tertiary care at a harvard teaching hospital in boston (beth israel deaconess medical center) as well as community care at hospitals in needham (beth israel deaconess hospital -- needham), worcester (st. Vincent hospital), milton (beth israel deaconess hospital -- milton), plymouth (beth israel deaconess hospital - plymouth), new bedford (st. Luke's hospital), southbridge and webster (umass memorial health harrington ) all in Massachusetts. The emed team of providers has nationally renowned experts in education and pre-hospital care, and is viewed as a leader in the community in patient access, service and satisfaction. Emed also provides care in the urgent care setting in dedham, Massachusetts. Aphfmp provides access to many specialty care providers for consultation in medicine sub-specialties, surgery, radiation oncology, as well as neonatology, obstetrics/gynecology and neurology and the provision of ancillary services such as radiology and pathology in different locations throughout the network of affiliated hospitals. The aphmfp department of medicine provides hospitalist care to the community utilizing clinical guidelines, evidence based practice, and medical informatics to streamline and optimize patient care and satisfaction at needham (beth israel deaconess hospital -- needham), milton (beth israel deaconess hospital -- milton) and plymouth (beth israel deaconess hospital -- plymouth). In addition, aphmfp anesthesiologists are providing care to patients at many of aphmfp's affiliated hospitals across the beth israel lahey health network including anna jacques hospital, mount auburn hospital, beth israel deaconess hospital - milton, new england baptist hospital, beth israel deaconess hospital - plymouth and beth israel deaconess hospital - needham. Aphmfp also provided neonatology care at northeast hospital corp (beverly hospital), bid-plymouth, anna jaques hospital. The clinical care provided improves the health of patients and the communities served by beth israel lahey health at beth israel deaconess medical center and its affiliated hospitals.

Operating model

Revenue model
Earned-program. 100% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - 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 some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 87
  • Transparency & Controls: 94
  • Accountability: 33
  • Sustainability: 36
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 97.3%; rating input score 97
  • Program expense ratio: 99.9%; rating input score 100
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 68th percentile among comparable filings
  • Pay-setting controls: 5 of 6 controls in place; rating input score 83
    • Compensation committee: Pass
    • Independent consultant: Pass
    • Other Form 990s reviewed: Pass
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Yes; rating input score 100

Accountability

  • Independent voting board: 16.7%; rating input score 17; 9th percentile among comparable filings
  • Governance controls: 5 of 9 controls in place; rating input score 56
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Fail
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 2.7%; rating input score 46; 46th percentile among comparable filings
  • Total-asset coverage ratio: 0.29; rating input score 10; 10th percentile among comparable filings
  • Liabilities to assets ratio: 0.58; rating input score 30; 30th percentile among comparable filings
  • Officer compensation ratio: 1.3%; rating input score 68; 68th percentile among comparable filings

Growth

  • Program expense growth: 15% per year; rating input score 100; 87th percentile among comparable filings
  • Revenue growth: 15.9% per year; rating input score 100; 90th percentile among comparable filings
  • Asset growth: 15.1% per year; rating input score 100; 86th percentile among comparable filings

Details

  • Where the money goes: 97.3% of revenue deployed · 99.9% of spending went to programs
  • Governance: 1 of 6 board members independent · 5 of 9 filing controls reported
  • Programs: 3 filed program accomplishments · $278M in reported program spending
  • Leadership: top reported pay $1.3M · 14 people listed · 5 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $9.1M reported
  • Consistency: 31 of 31 current checks pass
  • Schedules: 6 filed schedules · includes executive pay and related organizations
  • Filing history: 15 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 6 filed money-flow records
  • Related organizations: 80 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Accountability: Independent voting board scored 17/100.
  • Review — Accountability: Governance controls: 4 of 9 not reported.
  • High — Sustainability: Total-asset coverage ratio scored 10/100.
  • Moderate — Sustainability: Operating margin scored 46/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 30/100.