Northeast Medical Group Inc

What it reported doing in 2024

Schedule onortheast medical group (nemg), established in 2010 as part of the yale new haven health system (ynhhs), has grown to include almost 2,300 employees including over 1,600 medical professionals. Nemg is a system-wide, not-for-profit multispecialty medical group that includes physicians and advanced practice clinicians, as well as some ynhhs hospital-employed physicians at greenwich, bridgeport, yale new haven, lawrence + memorial and westerly hospitals. All nemg practices participate in daily safety huddles, similar to those conducted at each of the health system's hospitals, to increase communication about potential safety concerns. The safety efforts include ambulatory practice education and training designed to increase the reporting of safety concerns through online tools. Additionally, they practice lean principles and use of huddle boards as part of their daily huddles.specific initiatives continue to be introduced to address the patient experience across all nemg practices, with practices implementing initiatives that addressed patient satisfaction and service. One such initiative involves response times for our patients when communicating with our practices. During fy24 we have stood up a call center to help limit wait times getting appointments scheduled, medications refilled and initial triage when applicable and the optimization of this call center has continued thru fy25.to better reflect the diversity of our patients and our communities, nemg, as part of yale new haven health system, continues to expand programming that addresses unconscious bias, social stigma and lgbtq awareness. Nemg has a diversity and inclusion council that focuses on education and awareness, community outreach and talent management.

Financial Efficiency

• Mission deployment rate: 81.9%; rating input score 82
• Program expense ratio: 82.6%; rating input score 83
• 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: Yes; rating input score 100

Accountability

• Independent voting board: 0%; rating input score 0; 4th 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: 0.7%; rating input score 35; 35th percentile among comparable filings
• Total-asset coverage ratio: 0.21; rating input score 6; 6th percentile among comparable filings
• Liabilities to assets ratio: 0.91; rating input score 11; 11th percentile among comparable filings
• Officer compensation ratio: 1.2%; rating input score 70; 70th percentile among comparable filings

Growth

• Program expense growth: 7.7% per year; rating input score 100; 62nd percentile among comparable filings
• Revenue growth: 11.3% per year; rating input score 100; 81st percentile among comparable filings
• Asset growth: 13.7% per year; rating input score 100; 83rd percentile among comparable filings