University Medical Center Management Corporaton, operating under the name University Medical Center New Orleans, is located in New Orleans, LA. The organization was established in 2006. According to its NTEE Classification (G12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. As of 12/2019, University Medical Center New Orleans employed 3,509 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.
For the year ending 12/2019, University Medical Center New Orleans generated $731.1m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 11.7% each year . All expenses for the organization totaled $725.7m during the year ending 12/2019. While expenses have increased by 6.7% per year over the past 5 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
2019
Describe the Organization's Mission:
Part 3 - Line 1
UNIVERSITY MEDICAL CENTER NEW ORLEANS WILL BE A LEADING WORLD-CLASS ACADEMIC MEDICAL CENTER AND THE DESTINATION OF CHOICE FOR EXCEPTIONAL HEALTHCARE. UNIVERSITY MEDICAL CENTER WILL PROVIDE EXCEPTIONAL PATIENT-CENTERED CARE AND A WORLD-CLASS ACADEMIC EXPERIENCE THROUGH ADVANCED RESEARCH, LEADING TECHNOLOGY AND INNOVATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RESIDENT TEACHING & GRADUATE MEDICAL EDUCATION PROGRAMS: UNIVERSITY MEDICAL CENTER NEW ORLEANS (UMCNO) IS THE STATE OF LOUISIANA'S LARGEST TEACHING HOSPITAL AND A MAJOR TRAINING SITE FOR BOTH LSU AND TULANE UNIVERSITY SCHOOLS OF MEDICINE, AS WELL LSU SCHOOLS OF DENTISTRY, NURSING AND ALLIED HEALTH. MORE THAN 400 RESIDENT AND FELLOW FTE POSITIONS ACTIVELY ROTATE AT UMCNO ON A MONTHLY BASIS, THROUGH ROUGHLY 50 DIFFERENT MEDICAL SPECIALTIES. UMCNO ALSO PARTNERS WITH MANY OTHER ACADEMIC INSTITUTIONS SUCH AS DELGADO, XAVIER, DILLARD, NICOLLS STATE AND SOUTHERN UNIVERSITY TO TRAIN OVER 2,000 FUTURE HEALTH CARE PROVIDERS ANNUALLY.
PATIENT CARE: UMCNO PROVIDES CORE SAFETY NET SERVICES TO THE NEW ORLEANS REGION. THESE SERVICES INCLUDE THE OPERATION OF AN EMERGENCY ROOM, AN HIV OUTPATIENT CLINIC, ONCOLOGY SERVICES, MENTAL HEALTH SERVICES, AND A LEVEL I TRAUMA CENTER. IN 2018 UMC OPENED A NEW 16 BED BURN UNIT TO PROVIDE NEW SERVICES TO THE REGION. IN ADDITION, UMC STARTED A NEW BARIATRIC PROGRAM TO OFFER BARIATRIC SERVICES TO ITS PATIENT POPULATION. UMC ALSO OPENED 8 NEW ADDITIONAL BEDS. UMCNO PROVIDES A WIDE RANGE OF MEDICAL SERVICES COVERING 88 SPECIALTIES AND AMBULATORY CARE IN OVER 83 SPECIALTY CLINICS AND PROVIDES FREE OR REDUCED COST HEALTH CARE TO MEDICALLY INDIGENT AND UNINSURED PATIENTS, INCLUDING MEDICALLY COMPLEX AND OTHERWISE HIGH-RISK MEDICAID PATIENTS. IT ALSO PROVIDES MEDICALLY NECESSARY HEALTH CARE TO THE LOUISIANA DEPARTMENT OF CORRECTIONS POPULATION. THE HOSPITAL HAS 446 LICENSED BEDS AND TREATED 15,463 INPATIENTS AND 411,390 OUTPATIENTS.
COMMUNITY HEALTH SERVICES AND COMMUNITY BENEFIT OPERATIONS PROVIDE FREE HEALTH EDUCATION PROGRAMS AND SCREENINGS TO THE COMMUNITY. THESE PROGRAMS ARE DESIGNED TO FOCUS ON SOME OF THE MOST PREVALENT DISEASES IN THE NEW ORLEANS COMMUNITY, SUCH AS DIABETES, HEART DISEASE AND CANCER. THESE PROGRAMS ADDRESS PREVENTION, EARLY DETECTION, TREATMENT AND MAINTAINING HEALTHY LIFESTYLES. IN 2019, UNIVERSITY MEDICAL CENTER PARTICIPATED IN AND OFFERED NUMEROUS OUTREACH ACTIVITIES, INCLUDING FREE BREAST HEALTH LECTURES, FREE ONCOLOGY LECTURES, A FREE SKIN CANCER SCREENING, AND A FREE VASCULAR DISEASE SCREENING. THROUGH THE LEVEL 1 TRAUMA CENTER'S INJURY PREVENTION PROGRAM, UNIVERSITY MEDICAL CENTER PROVIDED EDUCATIONAL AND PREVENTION PROGRAMS INCLUDING SUDDEN IMPACT, WHICH EDUCATES HIGH SCHOOL STUDENTS ON THE CONSEQUENCES OF DISTRACTED AND IMPAIRED DRIVING; STOP THE BLEED, WHICH PROVIDES HEMORRHAGE CONTROL TRAINING TO LAW ENFORCEMENT PERSONNEL, ORGANIZATIONS, AND COMMUNITY MEMBERS; AND CHILD SAFETY SEAT CHECKS AND CAR SEAT DISTRIBUTION EVENTS. ADDITIONALLY, UNIVERSITY MEDICAL CENTER IS PARTNERED WITH WALGREENS AND AVITA DRUGS TO DISPENSE MEDICATIONS UNDER THE 340(B) PRICING PROGRAM TO ENSURE PATIENTS HAVE ACCESS TO NECESSARY PHARMACEUTICALS THAT MAY OTHERWISE NOT BE AVAILABLE TO THEM.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Peter Deblieux Chief Experience Officer | Officer | 50 | $484,624 |
Virendra Joshi Physician | 40 | $410,778 | |
Jyotsna Fuloria VP Clinical Research | Officer | 50 | $392,410 |
Nirav Patel Chief Medical Officer | Officer | 50 | $383,360 |
Lisa Miranda Chief Operating Officer | Officer | 50 | $331,251 |
Christine M Bond Chief Financial Officer | Officer | 50 | $313,496 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Morris & Dickson Co Pharmaceuticals | 12/30/19 | $38,542,405 |
Cardinal Health Medical Products | 12/30/19 | $19,087,490 |
Lsu Health Sciences Center Gme & Other Clinical Services | 12/30/19 | $64,581,754 |
Tulane University Gme & Other Clinical Services | 12/30/19 | $27,417,509 |
Aramark Healthcare Suppt Svc Management Of Dietary, Housekeeping, And | 12/30/19 | $17,684,853 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $2,980,619 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $2,980,619 |
Total Program Service Revenue | $728,154,422 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $731,135,041 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $163,853,179 |
Pension plan accruals and contributions | $4,873,708 |
Other employee benefits | $9,343,012 |
Payroll taxes | $11,056,067 |
Fees for services: Management | $42,069,322 |
Fees for services: Legal | $437,925 |
Fees for services: Accounting | $3,272,569 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $163,793,249 |
Advertising and promotion | $357,256 |
Office expenses | $6,132,453 |
Information technology | $1,402,820 |
Royalties | $0 |
Occupancy | $96,603,241 |
Travel | $163,865 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $178,596 |
Interest | $21,441,711 |
Payments to affiliates | $2,644,973 |
Depreciation, depletion, and amortization | $24,301,919 |
Insurance | $2,572,734 |
All other expenses | $4,844,582 |
Total functional expenses | $725,719,259 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $86,920,497 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $1,135,888 |
Accounts receivable, net | $104,131,787 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $10,983,368 |
Prepaid expenses and deferred charges | $261,183,919 |
Net Land, buildings, and equipment | $34,723,559 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $4,198,334 |
Total assets | $503,277,352 |
Accounts payable and accrued expenses | $168,073,139 |
Grants payable | $0 |
Deferred revenue | $499,212 |
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 | $0 |
Unsecured mortgages and notes payable | $352,488,009 |
Other liabilities | $211,089,333 |
Total liabilities | $732,149,693 |
Net assets without donor restrictions | -$228,872,341 |
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 | $503,277,352 |
Over the last fiscal year, we have identified 2 grants that University Medical Center Management Corporaton has recieved totaling $1,155,680.
Awarding Organization | Amount |
---|---|
Childrens Hospital Inc New Orleans, LA PURPOSE: During the year ended December 31, 2019, Children's Hospital donated $1,105,447 to University Medical Center Management Corporation (UMCMC) with the intention of providing working capital to UMCMC to support their healthcare and educational activities, specifically for uninsured and underinsured patients. This donation supports Children's tax-exempt purpose and community benefit obligations and is presented as community support in the statement of operations. | $1,105,447 |
Second Harvest Food Bank Of Greater New Orleans And Acadiana New Orleans, LA PURPOSE: TO PROVIDE FOOD ASSISTANCE FOR PERSONS IN NEED | $50,233 |
Organization Name | Assets | Revenue |
---|---|---|
University Medical Center Management Corporaton New Orleans, LA | $503,277,352 | $731,135,041 |
Kelsey Research Foundation Houston, TX | $9,645,636 | $2,235,663 |
San Antonio Cancer Foundation San Antonio, TX | $28,212,911 | $2,248,713 |
Mission Clinical Services Hot Springs, AR | $688,510 | $931,903 |
Texas 4000 For Cancer Austin, TX | $944,214 | $910,405 |
Triumph Over Kid Cancer Foundation Corpus Christi, TX | $784,867 | $721,942 |
Cheyanna Foundation For Children Austin, TX | $727,276 | $738,709 |
Careity Foundation Fort Worth, TX | $1,224,325 | $941,775 |
Knapp Medical Center Foundation Inc Weslaco, TX | $11,746,904 | $2,082,238 |
Hill Country Ride For Aids Inc Austin, TX | $538,523 | $514,098 |
Sadie Keller Foundation Argyle, TX | $165,262 | $602,528 |
Golfers Against Cancer Inc Kingwood, TX | $171,696 | $456,614 |