Atrius Health Inc

Nonprofit profile at a glance

EIN
010803117
IRS 990 coverage
2010–2015
Forms available
Form 990 2015
Location
Newton, MA, USA
Phone
6175598181
Rating confidence
Limited
Sector
Group Health Practice (Health Maintenance Organizations)

Reported finances

Revenue
$0
Expenses
$0
Assets
$0
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2015. Amounts in USD.

Leadership & pay

25 people listed

Executive titles in this filing

  • DANIEL BURNES MD (TRANSITION CEO & PRESIDENT)
  • ROBERTA S ZYSMAN (FORMER CO-CEO)
  • H EUGENE LINDSEY MD (FORMER PRESIDENT & CEO)

Highest reported compensation

  • ROBERTA S ZYSMAN (FORMER CO-CEO): $739,189 total reported compensation
  • DANIEL BURNES MD (TRANSITION CEO & PRESIDENT): $714,769 total reported compensation
  • RALPH A IANNUZZI MD (PHYSICIAN TRUSTEE): $454,466 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2015. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Atrius health supports its participating organizations to improve the health of their patients and communities.

What it reported doing in 2015

The organization, atrius health, inc. ("legacy atrius"), and its participating organizations (granite medical group, inc., dedham medical associates, inc. And harvard vanguard medical associates, inc.) merged on july 1, 2015 and harvard vanguard medical associates, now known as atrius health, inc., ("new atrius") was the surviving entity. In anticipation of the planned merger, beginning january 1, 2015 the operating activities of legacy atrius were performed by new atrius.

Operating model

Revenue model
No positive adjusted resources. The filing reports no positive adjusted operating resources.
Distribution model
No current program activity. The filing reports no program spending for the current year.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 84
  • Accountability: 58
  • Sustainability: NotEnoughData
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 84.6%; rating input score 85; 3rd 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: Missing
    • Written employment contract: Pass
    • 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: Limited

Accountability

  • Independent voting board: 43.8%; rating input score 44; 19th percentile among comparable filings
  • Governance controls: 7 of 9 controls in place; rating input score 78
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: Limited
  • Total-asset coverage ratio: Limited
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: Limited

Growth

  • Program expense growth: -71.5% per year; rating input score 0; 10th percentile among comparable filings
  • Revenue growth: -7.9% per year; rating input score 0; 43rd percentile among comparable filings
  • Asset growth: -4.6% per year; rating input score 0; 28th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: 7 of 16 board members independent · 7 of 9 filing controls reported
  • Programs: 1 filed program accomplishment
  • Leadership: top reported pay $739K · 25 people listed · 5 of 6 pay-setting controls reported
  • Consistency: 10 of 12 current checks pass · 2 findings to review
  • Schedules: 5 filed schedules · includes executive pay
  • Filing history: 6 filing years from 2010 to 2015
  • Contacts: How to reach this organization
  • Related organizations: 14 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.

  • Moderate — Accountability: Independent voting board scored 44/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Transparency & Controls: Series filing activity did not reconcile in the filed values.
  • Review — Transparency & Controls: Schedule R controlled transactions itemized did not reconcile in the filed values.
  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.
  • High — Growth: Asset growth scored 0/100.