Bloomsburg Physicians Services

What it reported doing in 2012

Patient healthcare services see schedule o i.general information bloomsburg physicians services (bps), a 501(c)(3) not for profit corporation, employed 16 physicians practicing at 7 sites in 4 communities located in northeastern Pennsylvania. During the three months ending september 30, 2012 provided approximately 13,000 clinic visits in the following areas: family medicine, internal medicine, general surgery, obstetrics and orthopedics. Practice locations included: benton, pa berwick, pa bloomsburg, pa elysburg, pa ii.uncompensated care bps recognizes that its mission is to serve all the members of the community with respect to the provision of healthcare services. Bps provides quality medical healthcare regardless of race, creed, sex, national origin, handicap, age or ability to pay. In this regard, bps provides free care or subsidized care, to persons covered by governmental programs at or below cost. A.charity care the primary concern of bps is the delivery of health care to all the citizens in northeastern and Pennsylvania, regardless of their ability to pay. The unreimbursed cost of charity care represents the cost bps incurs by providing free or discounted services to those who cannot afford to pay. For fiscal year ended june 30, 2013, the cost of charity care was 1,766. B.medicare/medicaid recognizing its mission to the community, services are provided to the elderly (medicare) and the poor (medicaid). Bps provides care, below cost, to persons covered by these governmental programs. To the extent reimbursement is below the cost of providing healthcare, bps is furthering its mission to the entire community. The unreimbursed value of medicare and/or medicaid is equal to the cost of providing services less the amount of reimbursement received under the program. For fiscal year ended june 30, 2013, the unreimbursed value of providing care to these patients was 297,502. C.other uncompensated patient services in addition, bps provides other patient services for which full payment is not received. The uncompensated cost of providing such patient services during the fiscal year ended june 30, 2013, was 87,387. D.organization changes effective july 1, 2012, geisinger bloomsburg hospital and its related entities including bps, merged with geisinger health system (the "system"). As of october 1, 2012, physicians who were in good standing were offered employment by geisinger clinic (see schedule r, part ii). Subsequently, physician practice operations were conducted through geisinger clinic. No ongoing operations continue for bps. Iii. Community service summary charity care 1,766 medicare/medicaid 297,502 other uncompensated patient services 87,387 total 386,655

Financial Efficiency

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

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 60th percentile among comparable filings
• Pay-setting controls: 6 of 6 controls in place; rating input score 100
  • Compensation committee: Pass
  • Independent consultant: Pass
  • Other Form 990s reviewed: Pass
  • 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: Scored; rating input score 0

Accountability

• Independent voting board: 90%; rating input score 90; 22nd percentile among comparable filings
• Governance controls: 9 of 9 controls in place; rating input score 100
  • 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: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: -49.7%; rating input score 2; 2nd percentile among comparable filings
• Total-asset coverage ratio: 0.03; rating input score 1; 1st percentile among comparable filings
• Liabilities to assets ratio: 24.02; rating input score 0; 0th percentile among comparable filings
• Officer compensation ratio: 135.5%; rating input score 0; 0th percentile among comparable filings

Growth

• Program expense growth: Limited
• Revenue growth: -31.5% per year; rating input score 0; 4th percentile among comparable filings
• Asset growth: -41.6% per year; rating input score 0; 3rd percentile among comparable filings