Beaumont Medical Group - Specialty Services

Organization Overview

Beaumont Medical Group - Specialty Services is located in Southfield, MI. The organization was established in 2018. According to its NTEE Classification (E31) the organization is classified as: Group Health Practices, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Beaumont Medical Group - Specialty 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 12/2021, Beaumont Medical Group - Specialty Services generated $131.1m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 29.2% each year . All expenses for the organization totaled $131.1m during the year ending 12/2021. While expenses have increased by 8.8% per year over the past 4 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE MEDICAL SERVICES THAT MEET THE NEEDS IN THE COMMUNITY FOR SPECIALTY CARE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

BEAUMONT MEDICAL GROUP - SPECIALTY SERVICES CONSISTS OF PHYSICIANS WHO PROVIDE PATIENT CARE TO PATIENTS IN OFFICE SETTINGS AND IN THE HOSPITAL SETTING SUCH AS OPERATING ROOMS AND INTENSIVE CARE UNITS. UTILIZING TRAINING AND EXPERTISE IN A SPECIALIZED AREA OF MEDICINE THEY DIAGNOSE DISEASES AND OTHER MEDICAL ISSUES AND WHEN APPROPRIATE, PERFORM TREATMENT TO IMPROVE THE PATIENT'S MEDICAL CONDITION. THEY PERFORM FOLLOW-UP CARE AND COMMUNICATE WITH THE PATIENT'S PRIMARY CARE PHYSICIAN AS PART OF THEIR OVERALL HEALTH PROGRAM.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $246,668
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$246,668
Total Program Service Revenue$130,894,095
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 $131,140,763

Endowment Analysis

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