Medical Review Of North Carolina Inc
- Assets
- $38.1m
- Revenue
- $10.9m
- Investments
- $0.0
- Employees
- 75
- Location
- Raleigh, NC
- Founding
- 09/1990
- Data as of
- 07/2022
- EIN
- 58-1567854
Organization Overview
Medical Review Of North Carolina Inc, operating under the name The Carolinas Center For Medical Exc, is located in Raleigh, NC. The organization was established in 1990. According to its NTEE Classification (E02) the organization is classified as: Management & Technical Assistance, under the broad grouping of Health Care and related organizations. As of 07/2022, Carolinas Center For Medical Exc employed 75 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Carolinas Center For Medical Exc 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 07/2022, Carolinas Center For Medical Exc generated $10.9m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.1%) each year. All expenses for the organization totaled $7.9m during the year ending 07/2022. As we would expect to see with falling revenues, expenses have declined by (2.5%) per year over the past 7 years. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
CCME HELPS PEOPLE BY IMPROVING THE QUALITY OF HEALTHCARE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EXTERNAL QUALITY REVIEW ORGANIZATION, OUTPATIENT SPECIALIZED THERAPIES, AND PREPAYMENT CLAIMS QUALITY AND COMPLIANCE REVIEW CONTRACT FOR STATE MEDICAID PROGRAMS.
FEDERAL SUBCONTRACTOR PERFORMANCE AS QUALITY INNOVATION NETWORK FOR THE STATE OF SOUTH CAROLINA SERVING MEDICARE RECIPIENTS WORKING WITH CMS QUALITY INITIATIVES.
SUPPORT OF THE CCME FOUNDATION WHICH WORKS TO IMPROVE THE HEALTH OF INDIVIDUALS AND COMMUNITIES. IT PROVIDES CHARITABLE GRANTS TO NON-PROFIT ORGANIZATIONS TO BUILD ON OR UNDERTAKE NEW IMPROVEMENT PROJECTS. FUNDING IS PRIORITIZED ON A PROJECT'S POTENTIAL TO IMPACT THE COMMUNITY IN TERMS OF ACCESS TO HEALTH CARE AND RELATED SERVICES USING MEASURABLE OUTCOMES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joy Hogan Rozman President And CEO (8/21-4/22) | Officer | 40 | $344,205 |
Stephen Dille COO And CFO (2/21-7/22) | Officer | 40 | $163,808 |
Yvonne Copeland Senior VP Of Operations(8/21-9/21) | Officer | 40 | $156,254 |
Vish Ganapathy Director Of Business Development | 40 | $144,030 | |
Alexandria Denton Senior Contract Manager | 40 | $119,360 | |
Cheryl Anderson Med Safety Pharmacist | 30 | $119,253 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Health Management Systems Inc External Quality Review Service | 7/30/22 | $644,140 |
Smith Anderson & Blount Legal Services | 7/30/22 | $219,922 |
Webfargo Professional Data Consulting | 7/30/22 | $198,606 |
Computer Service Partners (Csp) Computer/it Services | 7/30/22 | $343,575 |
Datastat Information Technology Data Svcs | 7/30/22 | $191,361 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $6,083,892 |
| 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 | $6,083,892 |
| Total Program Service Revenue | $0 |
| Investment income | $1,850,400 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $3,007,642 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $10,941,934 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $280,000 |
| 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. | $799,716 |
| Compensation of current officers, directors, key employees. | $799,716 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,053,946 |
| Pension plan accruals and contributions | $147,521 |
| Other employee benefits | $405,246 |
| Payroll taxes | $285,594 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $138,617 |
| Fees for services: Accounting | $35,850 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $129,437 |
| Fees for services: Other | $1,354,478 |
| Advertising and promotion | $0 |
| Office expenses | $135,286 |
| Information technology | $570,021 |
| Royalties | $0 |
| Occupancy | $256,026 |
| Travel | $19,400 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $15,888 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $30,684 |
| Insurance | $44,663 |
| All other expenses | $1,426 |
| Total functional expenses | $7,882,521 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $310,479 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,201,227 |
| 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 | $185,790 |
| Net Land, buildings, and equipment | $107,931 |
| Investments—publicly traded securities | $35,310,787 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $38,116,214 |
| Accounts payable and accrued expenses | $803,144 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $803,144 |
| Net assets without donor restrictions | $37,313,070 |
| 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 | $38,116,214 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Access East Inc Greenville, NC | $17,706,181 | $13,737,362 |
Medical Review Of North Carolina Inc Raleigh, NC | $38,116,214 | $10,941,934 |
Eastern Area Health Education Center Inc Greenville, NC | $13,343,135 | $5,943,394 |
Georgia Hospital Association Research & Education Foundation In Atlanta, GA | $3,397,611 | $5,235,934 |
Community Care Of The Lower Cape Fear Inc Wilmington, NC | $8,195,443 | $2,929,043 |
Certified Medical Representatives Institute Inc Roanoke, VA | $4,128,783 | $2,706,911 |
Medserve Charlotte, NC | $307,027 | $1,145,670 |
Nc Telehealth Network Association Concord, NC | $3,050,848 | $1,113,516 |
Low Country Regional Ems Council Inc Walterboro, SC | $674,736 | $865,582 |
Northern Virginia Emergency Medical Services Council Inc Gainesville, VA | $1,475,937 | $436,158 |
Pee Dee Regional Emergency Medical Florence, SC | $536,270 | $742,584 |
Access Partnership Incorporated Virginia Beach, VA | $55,612 | $559,860 |