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Florida Hospital Physician Group

Also known as AdventHealth Medical Group

Tampa, FL · EIN 46-2021581 · 501(c)(3) · Church
Latest filing: Form 990 for calendar year 2024 (tax year 2024) · View the filing · Correct or respond

Florida Hospital Physician Group reported $327.7 million in revenue and $330.6 million in expenses for calendar year 2024. Of every $100 it spent, $93.10 went to program services, $6.90 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 100.0% of the total. The highest compensation it reported for one person was $3,002,459 (Dir/Reg CEO/Chairman). 318 people received more than $100,000 in reportable compensation. Revenue rose 130% between 2019 and 2024. Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $331M

For context, the median across 5,634 covered health care charities: $86.19 programs, $13.81 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

Calendar year 2024 · Form 990, Part VIII · total revenue $328M

Investment income was negative: −$32,839. The bar shows the positive sources only.

The 990 scorecard · same measures for every charity, no grades

2024 filing. Median across 5,634 covered charities in this category, from their latest filings.
Measure2024Median
Program services
Part IX 25(B) ÷ 25(A)
93.1%85.6%
Management & general
Part IX 25(C) ÷ 25(A)
6.9%13.7%
Fundraising
Part IX 25(D) ÷ 25(A)
0.0%0.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
Not reported$0.00
Contributions & grants share of revenue
Part VIII 1h ÷ 12
0.0%1.3%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%0.1%
Program service revenue share
Part VIII 2g ÷ 12
100.0%93.7%
Highest reported compensation
Part VII-A, columns D–F
$3,002,459$975,831
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.91%1.34%
People paid over $100,000
Part VII, line 2
31827
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
0.46.6
Independent voting board members
Part VI 1a–1b
0 of 688.9%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

2024 · Form 990, Part III · the three largest programs by expense
$308M expenses · 100.0% of program spending · grants $22,000 · revenue $328M

The primary mission of Florida Hospital Physician Group (FHPG) is to serve the health care needs of the local community by providing broad access to services through various programs, including physician participation in Medicare, Medicaid, and by providing indigent care. There were 1,391,377 patient encounters during the current year

Highest reported compensation

2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
Dir/Reg CEO/Chairman
Director/trustee, 0.50 hrs/week
$0$2,778,371$224,088$3,002,459
Physician
Highest compensated employee, 50.00 hrs/week
$2,788,555$0$25,913$2,814,468
Physician
Highest compensated employee, 45.10 hrs/week
$2,266,764$0$48,877$2,315,641
Director
Director/trustee, 0.50 hrs/week
$0$1,848,121$187,248$2,035,369
Dir/Reg SEO Acute Care
Director/trustee, 0.50 hrs/week
$0$1,761,749$39,509$1,801,258
Physician
Highest compensated employee, 46.30 hrs/week
$1,608,332$0$52,051$1,660,383
Physician
Highest compensated employee, 50.70 hrs/week
$1,475,046$0$41,478$1,516,524
Dir/Treas/Reg CFO
Director/trustee, 0.50 hrs/week
$0$1,197,089$159,128$1,356,217

318 people received more than $100,000 in reportable compensation from Florida Hospital Physician Group (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.6M (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$100M$200M$300M$400M201920202021202220232024$328M$331M
FilingRevenueExpensesProgramsNet assetsTop pay
2024 ⓘ$328M$331M93.1%$11M$3,002,459
2023 ⓘ$327M$334M92.7%$3.0M$3,160,362
2022 ⓘ$260M$265M92.5%−$8.1M$3,906,271
2021 ⓘ$202M$207M91.6%−$2.9M$2,111,207
2020 ⓘ$162M$165M92.4%$1.4M$1,723,868
2019 ⓘ$142M$145M91.1%$599K$1,908,196

Governance answers, as filed

2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b6 · 0 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aNo
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 51,608

Largest outside contractors

2024 · Form 990, Part VII, Section B · businesses only
PIONEER MEDICAL GROUP PL
Physician Hospitalist Services
$50,378,601
PIONEER NEURO HEALTH
Physician Hospitalist Services
$5,842,844
PIONEER CRITICAL CARE
Physician Hospitalist Services
$5,200,961
LOCUMTENENSCOM LLC
Physician Staffing
$2,573,579
WEATHERBY LOCUMS INC
Physician Staffing
$1,410,329

Individuals listed as contractors are left out. 44 contractors were paid more than $100,000 in all.

Correct a figure or respond

Every number above is copied from Florida Hospital Physician Group's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Florida Hospital Physician Group, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All health care charities · Largest charities in Florida

Questions people ask

How much of Florida Hospital Physician Group's spending goes to programs?

In calendar year 2024, Florida Hospital Physician Group reported that 93.1% of its $330.6 million in expenses went to program services, 6.9% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Florida Hospital Physician Group pay its top executive?

The largest total compensation Florida Hospital Physician Group reported for one person in calendar year 2024 was $3,002,459, for the role of Dir/Reg CEO/Chairman (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Florida Hospital Physician Group get its money?

Of $327.7 million in revenue in calendar year 2024, 0.0% came from contributions and grants and 100.0% from program service revenue (Form 990, Part VIII).

Is Florida Hospital Physician Group a registered charity?

The IRS lists EIN 46-2021581 as a 501(c)(3) organization (church), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • 2024: Form 990 for calendar year 2024, object 202523209349300177 · read the filing · XML
  • 2023: Form 990 for calendar year 2023, object 202442899349302919 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202313149349300826 · read the filing
  • 2021: Form 990 for calendar year 2021, object 202320459349301832 · read the filing
  • 2020: Form 990 for calendar year 2020, object 202133199349313523 · read the filing
  • 2019: Form 990 for calendar year 2019, object 202013119349301406 · read the filing

All filings for EIN 46-2021581: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.