Barnabas Health Medical Group P C
- Assets
- $165.0m
- Revenue
- $581.9m
- Investments
- $0.0
- Employees
- 5,126
- Location
- Oceanport, NJ
- Founding
- 01/2007
- Data as of
- 12/2023
- EIN
- 22-3316007
Organization Overview
Barnabas Health Medical Group P C, operating under the name Rwjbh Primary Care Services, is located in Oceanport, NJ. The organization was established in 2007. According to its NTEE Classification (E20) the organization is classified as: Hospitals, under the broad grouping of Health Care and related organizations. As of 12/2023, Rwjbh Primary Care Services employed 5,126 individuals. This organization is the central organization for a national or regional group of organizations. Rwjbh Primary Care Services is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Rwjbh Primary Care Services generated $581.9m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 15.1% each year . All expenses for the organization totaled $581.9m during the year ending 12/2023. While expenses have increased by 15.1% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT THE CHARITABLE PURPOSES, GOALS AND OBJECTIVES OF RWJ BARNABAS HEALTH, INC. AND ITS AFFILIATES; A TAX-EXEMPT INTEGRATED HEALTHCARE DELIVERY SYSTEM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EXPENSES INCURRED IN THE PROVISION OF PROFESSIONAL MEDICAL PHYSICIAN SERVICES WITHOUT REGARD TO ABILITY TO PAY AND IN A CHARITABLE MANNER TO SUPPORT THE GOALS AND OBJECTIVES OF RWJ BARNABAS HEALTH, INC. AND ITS AFFILIATES; A TAX-EXEMPT INTEGRATED HEALTHCARE DELIVERY SYSTEM. BARNABAS HEALTH MEDICAL GROUP, P.C.'S ACTIVITIES AND CHARITABLE PURPOSES INCLUDE, WITHOUT LIMITATION, ACTIVITIES IN FURTHERANCE OF ITS AFFILIATED TAX-EXEMPT HOSPITALS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Frank A Liporace MD Physician | 55 | $3,571,748 | |
Arash Salemi MD Physician | 55 | $2,776,801 | |
Michael Prilutsky Chief Executive Officer | Officer | 55 | $0 |
Richard S Lazzaro MD Physician | 55 | $1,889,534 | |
Mark Russo MD Physician | 55 | $1,728,556 | |
Ruric C Anderson MD Trustee - President | OfficerTrustee | 55 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Diagnostic And Clinical Cardiology Medical | 12/30/23 | $23,381,093 |
Affiliates In Gastroenterology Pa Medical | 12/30/23 | $17,942,281 |
Consultants In Cardiology Pa Medical | 12/30/23 | $5,755,555 |
Rwjbh Corporate Services Inc Management | 12/30/23 | $10,966,434 |
Cerner Corporation Consulting | 12/30/23 | $6,092,804 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $4,859,642 |
| All other contributions, gifts, grants, and similar amounts not included above | $617,829 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,477,471 |
| Total Program Service Revenue | $575,891,032 |
| Investment income | $54,694 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $491,130 |
| Net Gain/Loss on Asset Sales | $18,404 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $581,932,731 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $2,338,586 |
| Compensation of current officers, directors, key employees. | $233,859 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $124,211,134 |
| Pension plan accruals and contributions | $8,140,105 |
| Other employee benefits | $18,237,658 |
| Payroll taxes | $20,245,469 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,728 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $59,847,230 |
| Advertising and promotion | $38,107 |
| Office expenses | $7,144,881 |
| Information technology | $819,707 |
| Royalties | $0 |
| Occupancy | $26,924,195 |
| Travel | $754,431 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $75,973 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $5,226,489 |
| Insurance | $5,823,974 |
| All other expenses | $3,714,225 |
| Total functional expenses | $581,889,773 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $160,375 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $4,905,900 |
| Accounts receivable, net | $24,579,334 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $11,902,173 |
| Net Land, buildings, and equipment | $33,407,507 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $16,518,613 |
| Intangible assets | $0 |
| Other assets | $73,569,018 |
| Total assets | $165,042,920 |
| Accounts payable and accrued expenses | $39,353,344 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $52,643,088 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $71,884,795 |
| Total liabilities | $163,881,227 |
| Net assets without donor restrictions | $1,161,693 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $165,042,920 |