Henry Ford Physician Network

Overview

Mission

Sponsor, promote, establish, maintain and participate in activities necessary to improve the nature and quality of services rendered by Henry Ford Health. Fifty-thousand team members provide exceptional care and service at more than 550 sites across Michigan – surrounding patients, members and customers with everything they need – from primary, preventative and urgent care to the most complex and specialty care; health insurance coverage, retail needs including pharmacy and eye care; and a full suite of home health and virtual care services. Henry Ford Health is also a leading academic institution, committed to advancing tomorrow’s healthcare through clinical innovation, groundbreaking clinical trials and translational research, and training the next generation of healthcare professionals. Headquartered in Detroit for more than a century, Henr.

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 program spending has grown recently. A relatively small share of voting board members are independent and few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence.

Rating breakdown

• Financial Efficiency: 88
• Transparency & Controls: 58
• Accountability: 37
• Sustainability: 35
• Growth: 100

Detailed rating inputs

Details

• What they do: 3 programs and campaigns described on the official site
• Where the money goes: 99.1% of revenue deployed · 100% of spending went to programs
• Governance: 0 of 3 board members independent · 8 of 9 filing controls reported
• Programs: 1 filed program accomplishment · $28.2M in reported program spending
• Leadership: top reported pay $3.4M · 4 people listed · 0 of 6 pay-setting controls reported
• Highest-paid contractors: 2 contractors listed · $39.7M reported
• Consistency: 21 of 22 current checks pass · 1 finding to review
• Schedules: 5 filed schedules · includes executive pay
• Filing history: 3 filing years from 2022 to 2024
• Contacts: How to reach this organization
• Related organizations: 55 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 0/100.
• High — Transparency & Controls: Pay-setting controls scored 0/100.
• Moderate — Sustainability: Operating margin scored 31/100.
• High — Sustainability: Total-asset coverage ratio scored 6/100.
• Review — Accountability: Governance controls: CEO compensation review process not reported.
• Review — Transparency & Controls: Schedule R controlled transactions itemized did not reconcile in the filed values.