Lsu Health Sciences Center - Shreveport Faculty Group Practice

Nonprofit profile at a glance

EIN
364774713
IRS 990 coverage
2016–2024
Forms available
Form 990 2024
Location
Shreveport, LA, USA
Phone
3186758533
Rating
72
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Mental Health Treatment F31 Psychiatric, Mental Health Hospital

Reported finances

Revenue
$214,218,561
Expenses
$188,241,481
Assets
$124,369,812
Liabilities
$15,202,166

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

Leadership & pay

16 people listed

Executive titles in this filing

  • CHARLES J FOX III MD (CMO, DIRECTOR (CEO END 7/2024))
  • KEITH WHITE MD (DIRECTOR, CEO/BRD CHR (BEG 7/2024))
  • PATRICK BICKNELL (EXECUTIVE DIRECTOR / VP)

Highest reported compensation

  • PATRICK BICKNELL (EXECUTIVE DIRECTOR / VP): $267,969 total reported compensation
  • LAURI WALTON (FORMER OFFICER): $243,596 total reported compensation

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

Overview

Mission

No board approved mission statement

What it reported doing in 2024

Lsu health sciences center-shreveport faculty group practice (lsuhsc-s fgp) is the healthcare provider organization for the public-private partnership between the state of Louisiana, lsu health sciences center-shreveport (lsuhsc-s) and ochsner health. Lsuhsc-s fgp is a physician-led group practice of greater than 400 providers comprised of more than 70 specialties and sub-specialties working to advance the clinical mission of the academic medical center, and its partner hospitals and clinics, with a focus on improving community health through alignment of care goals. Lsuhsc-s fgp supports more than 600,000 annual clinic (outpatient) visits and 150,000 unique patient visits, reflecting its critical role in delivering care across the region. Lsuhsc-s fgp provides professional healthcare services ranging from digital and telehealth to complex traumatic injury surgical care for patients of ochsner lsu health system of north Louisiana, which represents the only level i and level iii trauma centers in the ark-la-tex region. Lsuhsc-s fgp facilitates collaboration among clinical departments and providers so that resources can be directed toward quality outcomes and patient safety.

Operating model

Revenue model
Earned-program. 99% 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 most voting board members are independent. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 66
  • Transparency & Controls: 60
  • Accountability: 95
  • Sustainability: 64
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 70.9%; rating input score 71
  • Program expense ratio: 81.3%; rating input score 81
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 68th percentile among comparable filings
  • Pay-setting controls: 0 of 6 controls in place; rating input score 0
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Missing
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 77th percentile among comparable filings
  • Governance controls: 7 of 8 controls in place; rating input score 88
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Fail
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 12.1%; rating input score 77; 77th percentile among comparable filings
  • Total-asset coverage ratio: 0.66; rating input score 26; 26th percentile among comparable filings
  • Liabilities to assets ratio: 0.12; rating input score 79; 79th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 94; 94th percentile among comparable filings

Growth

  • Program expense growth: 14.7% per year; rating input score 100; 87th percentile among comparable filings
  • Revenue growth: 17.1% per year; rating input score 100; 91st percentile among comparable filings
  • Asset growth: 30% per year; rating input score 100; 97th percentile among comparable filings

Details

  • Where the money goes: 70.9% of revenue deployed · 81.3% of spending went to programs
  • Governance: 7 of 7 board members independent · 7 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $153.1M in reported program spending
  • Leadership: top reported pay $268K · 16 people listed · 0 of 6 pay-setting controls reported
  • Consistency: 25 of 25 current checks pass
  • Schedules: 5 filed schedules · includes executive pay
  • Filing history: 9 filing years from 2016 to 2024
  • Contacts: How to reach this organization
  • Related organizations: 1 filed related-organization link
  • 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 — Transparency & Controls: Pay-setting controls scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 26/100.
  • Review — Accountability: Governance controls: CEO compensation review process not reported.