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Reid Physician Associates Inc.

Reid Physician Associates Inc.

Richmond, IN 47374
Tax ID26-3086555

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About this organization

Revenue

$63,799,900

Expenses

$118,070,946

Mission

To employ physicians & professionals who promote health through education, prevention of illness and injury, and the provision of quality, cost effective services to the public.

About

In keeping with the shared commitment of Reid Physician Associates, Inc. and Reid Hospital and Health Care Services, Inc. to provide service to all members of our multi-county service area including the elderly, disabled, and poor, Reid Physician Associates, Inc. provides care regardless of ability to pay. Our services include those covered by the Medicare and Medicaid programs at below cost as well as discounted services for the poor in accordance with Reid Hospital and Health Care Services, Inc.'s financial assistance policy. In 2018, Reid Physician Associates, Inc. provided our community a total of 29,504 physician days, resulting in 534,046 patient encounters of which 213,618 were Medicare and 90,788 were Medicaid patient encounters. These patient encounters include 30,447 first time patients with 12,179 being Medicare and 5,176 being Medicaid patients. Please note, payer breakdowns are estimated based off of proportion of gross charges for these payer types.

Interesting data from their 2020 990 filing

The non-profit's aim, as stated in the filing, is “The mission of reid physician associates, inc. is to employ physicians and health professionals who promote community health through education, prevention of illness and injury, and the provision of quality, cost effective medical services to the public we serve. this mission is accomplished through 1) the employment and retention of physicians, mid-level providers, and physician staff to advance its primary purpose of promoting community health; and 2) community health education and outreach programs for patients and community members, prevention of illness and injury, and provision and expansion of medical services for the public in a multi-county service area.”.

When referring to its actions, they were outlined as: “To employ physicians & professionals who promote health through education, prevention of illness and injury, and the provision of quality, cost effective services to the public.”.

  • The non-profit has complied with legal obligations by reporting their state of operation as IN.
  • The non-profit's address in 2020 is noted in the filing as 1100 REID PARKWAY, RICHMOND, IN, 47374.
  • The non-profit's form for 2020 reports a total of 1003 employees.
  • Does not operate a hospital.
  • Does not operate a school.
  • Does not collect art.
  • Does not provide credit counseling.
  • Does not have foreign activities.
  • Is not a donor advised fund.
  • Is not a private foundation.
  • Expenses are greater than $1,000,000.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is -$54,271,046.
  • The salary policy for the CEO of the organization is established through a review and approval by an impartial party.
  • The organization elects its board members.
  • The organization has a written policy that describes how long it will retain documents.
  • The organization has 13 independent voting members.
  • The organization was formed in 2008.
  • The organization has a written policy that addresses conflicts of interest.
  • The organization is required to file Schedule J.
  • The organization is required to file Schedule O.
  • The organization pays $102,754,766 in salary, compensation, and benefits to its employees.
  • The organization pays $0 in fundraising expenses.
  • The organization provides Form 990 to its governing body.
  • The organization has minutes of its meetings.
  • The organization has a written whistleblower policy.
  • The organization has a business related family member transaction.
  • The organization has a business related organization transaction.
  • The organization's financial statements were reviewed by an accountant.

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