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Nonprofiteer
← VIRTUA MEDICAL GROUP PA

Form 990 for tax year 2022

Filed by VIRTUA MEDICAL GROUP PA.

Totals

Total revenue
$361,983,423
Total expenses
$462,842,891
Contributions and grants received
$9,066,139
Grants paid
$0
Program service revenue
$352,917,284
Investment income
$0
Other revenue
$0
Total assets, end of year
$157,745,323
Total liabilities, end of year
$107,819,673
Net assets or fund balances, end of year
$49,925,650
Program services expenses (Part IX)
$442,089,521
Management and general expenses
$20,753,370
Fundraising expenses
$0
Program service expenses (Part III)
$442,089,521

Program services were 95.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1d · Related organizations

    $3,118

  • 1e · Government grants (contributions)

    $9,063,021

  • 2a · Program service revenue: MEDICAL SPECIALTY

    total $206,331,388 · related or exempt $206,310,388 · unrelated business $21,000

  • 2b · Program service revenue: PRIMARY CARE

    total $61,663,640 · related or exempt $61,649,813 · unrelated business $13,827

  • 2c · Program service revenue: SURGICAL

    total $56,455,427 · related or exempt $56,358,889 · unrelated business $96,538

  • 2d · Program service revenue: URGENT CARE

    total $26,309,397 · related or exempt $26,309,397

  • 2e · Program service revenue: OTHER PROGRAM SERVICE

    total $2,157,432 · related or exempt $2,157,432

  • 6a · Gross rents

    real property $114,621

  • 6b · Less rental expenses

    real property $114,621

  • 6c · Rental income or loss

    real property $0

  • 6d · Net rental income or loss

    total $0

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $4,781,433 · program services $4,246,838 · management and general $534,595

  • 6 · Compensation of disqualified persons

    total $257,173,143 · program services $244,931,376 · management and general $12,241,767

  • 8 · Pension plan contributions

    total $8,094,335 · program services $7,446,788 · management and general $647,547

  • 9 · Other employee benefits

    total $17,116,367 · program services $16,514,369 · management and general $601,998

  • 10 · Payroll taxes

    total $14,415,464 · program services $13,608,841 · management and general $806,623

  • 11g · Fees: other

    total $89,510,381 · program services $87,370,233 · management and general $2,140,148

  • 12 · Advertising and promotion

    total $45,327 · program services $45,327

  • 13 · Office expenses

    total $5,217,138 · program services $4,658,542 · management and general $558,596

  • 14 · Information technology

    total $2,394 · program services $2,394

  • 16 · Occupancy

    total $23,777,741 · program services $22,696,129 · management and general $1,081,612

  • 17 · Travel

    total $151,778 · program services $103,674 · management and general $48,104

  • 19 · Conferences, conventions and meetings

    total $173,755 · program services $78,019 · management and general $95,736

  • 22 · Depreciation, depletion and amortization

    total $11,005,378 · program services $10,455,109 · management and general $550,269

  • 23 · Insurance

    total $10,043,582 · program services $9,541,403 · management and general $502,179

  • 24a · Other expenses: MEDICAL SUPPLIES

    total $15,532,491 · program services $15,532,491 · management and general $0

  • 24b · Other expenses: ALLOCATION EXPENSE

    total $4,378,469 · program services $3,502,775 · management and general $875,694

  • 24c · Other expenses: EDUCATION & DEVELOPMENT

    total $776,462 · program services $760,162 · management and general $16,300

  • 24d · Other expenses: DUES & SUBSCRIPTIONS

    total $412,812 · program services $395,484 · management and general $17,328

  • 24e · All other expenses

    total $234,441 · program services $199,567 · management and general $34,874

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $12,225,756 · end of year $16,142,161

  • 4 · Accounts receivable

    beginning of year $20,041,951 · end of year $21,352,491

  • 9 · Prepaid expenses and deferred charges

    beginning of year $1,197,524 · end of year $1,170,587

  • 10a · Land, buildings and equipment: cost or other basis

    $131,060,898

  • 10b · Land, buildings and equipment: accumulated depreciation

    $62,199,690

  • 10c · Land, buildings and equipment, net

    beginning of year $67,133,398 · end of year $68,861,208

  • 14 · Intangible assets

    beginning of year $3,732,853 · end of year $3,742,243

  • 15 · Other assets

    beginning of year $48,398,528 · end of year $46,476,633

  • 17 · Accounts payable and accrued expenses

    beginning of year $44,775,262 · end of year $40,724,624

  • 19 · Deferred revenue

    beginning of year $1,133,441 · end of year $25,000

  • 25 · Other liabilities

    beginning of year $42,292,931 · end of year $67,070,049

  • 27 · Net assets without donor restrictions

    beginning of year $64,460,458 · end of year $49,854,614

  • 28 · Net assets with donor restrictions

    beginning of year $67,918 · end of year $71,036

Mission and programs · 2022

Mission

THE PHYSICIANS OF VIRTUA MEDICAL GROUP (VMG) SHARE A COMMON PHILOSOPHY IN ALL THEY DO: TO CREATE AN OUTSTANDING EXPERIENCE FOR PATIENTS. IN A BROAD RANGE OF SPECIALTIES, FROM FAMILY MEDICINE TO SURGERY TO ONCOLOGY, VMG'S HIGHLY-TRAINED PHYSICIANS AND MEDICAL STAFF ARE CONVENIENTLY LOCATED THROUGHOUT SOUTH JERSEY IN ATLANTIC, BURLINGTON, CAMDEN, GLOUCESTER, AND MERCER COUNTIES. VMG PHYSICIANS ARE BACKED BY THE RESOURCES AND SUPPORT OF VIRTUA, THE LEADING HEALTHCARE SYSTEM IN SOUTH JERSEY. THIS INCLUDES ACCESS TO VIRTUA'S OUTSTANDING FACILITIES AS WELL AS SOME OF THE BEST MEDICAL TECHNOLOGY AVAILABLE.

Activities or mission (Part I)

OUR MISSION IS TO HELP THE COMMUNITY TO BE WELL, GET WELL AND STAY WELL.

  • CARDIOLOGYVIRTUA CARDIOLOGY GROUP PROVIDES THE HIGHEST LEVEL OF CARE AVAILABLE TO PATIENTS OVER AGE 18 WITH A BROAD RANGE OF CARDIAC CONDITIONS.VIRTUA CARDIOLOGY GROUP PHYSICIANS SPECIALIZE IN MEDICAL CARDIOLOGY, DIAGNOSING AND TREATING PATIENT CONDITIONS INCLUDING CONGENITAL HEART DEFECTS, CORONARY ARTERY DISEASE, HEART FAILURE AND VASCULAR HEART DISEASE. CARDIOLOGISTS SPECIALIZE IN MANY FORMS OF DIAGNOSTIC TESTING, SUCH AS STRESS TESTING, ELECTROCARDIOGRAPHY, HEART RHYTHM MONITORING, CARDIAC MRI, CORONARY ARTERY CALCIUM SCORING, CORONARY CT ANGIOGRAPHY, INTRAVASCULAR ULTRASOUND, AND NUCLEAR CARDIOLOGY.VIRTUA'S BOARD CERTIFIED INTERVENTIONAL CARDIOLOGISTS SPECIALIZE IN THE LATEST CATHETER-BASED STRATEGIES TO TREAT COMPLEX CORONARY ARTERY DISEASE IN THE HEART, AS WELL AS BLOCKAGES IN THE LEG, ARM, AND NECK ARTERIES. THEY ALSO TREAT BLOOD CLOTS IN THE ARTERIES OF THE LUNGS.VIRTUA'S HEART FAILURE PROGRAM IS RECOGNIZED BY THE AMERICAN HEART ASSOCIATION FOR OUTSTANDING CARE. THIS PROGRAM FOCUSES ON IMPROVING QUALITY OF LIFE AND REDUCING RISK OF BEING READMITTED TO THE HOSPITAL WITH COMPLICATIONS.VIRTUA'S VEIN AND VASCULAR EXPERTS PROVIDE THE LATEST MINIMALLY INVASIVE TREATMENTS FOR VEIN AND VASCULAR CONDITIONS. BOARD CERTIFIED PHYSICIANS TREAT A FULL RANGE OF VENOUS AND VASCULAR DISORDERS, SUCH AS VARICOSE AND SPIDER VEINS TO ARTERIAL DISORDERS, TO LIFE THREATENING BLOOD CLOTS.BEHAVIORAL HEALTHVIRTUA BEHAVIORAL HEALTH CLINICIANS PROVIDE A RANGE OF PSYCHOTHERAPY SERVICES TO SUPPORT EMOTIONAL HEALTH THROUGH INDIVIDUAL THERAPY SESSIONS. SERVICES TREATED INCLUDE ANXIETY, COGNITIVE BEHAVIORAL THERAPY, DEPRESSION, EATING DISORDERS, MARTIAL COUNSELING, MOOD DISORDERS, AND SUBSTANCE ABUSE. VIRTUA ALSO TREATS ADDICTION THROUGH "THE VIRTUA MEDICATION FOR ADDICTION TREATMENT PROGRAM." THIS PROGRAM PROVIDES A COMPREHENSIVE APPROACH COUPLING HIGHLY EFFECTIVE MEDICATION WITH SUPPORTIVE BEHAVIORAL THERAPY OPTIONS. THIS IS DESIGNED TO HELP PEOPLE WITH SUBSTANCE USE DISORDERS MANAGE WITHDRAW SYMPTOMS, PREVENT CRAVINGS, AND ACHIEVE AND MAINTAIN RECOVERY.DENTISTRYTHE VIRTUA CAMDEN DENTAL CENTER, LOCATED ON THE CAMPUS OF VIRTUA CAMDEN, PROVIDES A FULL RANGE OF AFFORDABLE DENTISTRY SERVICES THROUGH A FULLY-ACCREDITED GENERAL PRACTICE POST GRADUATE DENTAL RESIDENCY PROGRAM. ROUTINE AND EMERGENCY DENTAL CARE IS OFFERED BY A TEAM OF EXPERTS WHICH INCLUDES AN ATTENDING STAFF OF GENERAL DENTISTS, POST-GRADUATE RESIDENT DENTISTS, DENTAL SPECIALISTS AND DENTAL ASSISTANTS.THE MODERN OFFICE IN THE HEART OF CAMDEN SERVES AN IMPORTANT COMMUNITY NEED AND ATTRACTS PATIENTS FROM ACROSS SOUTH JERSEY.HOSPITALISTS AND NEUROHOSPITALISTSVIRTUA HOSPITALISTS PROVIDE ROUND-THE-CLOCK MEDICAL CARE FOR PATIENTS WHILE THEY ARE ADMITTED IN VIRTUA MARLTON HOSPITAL, VIRTUA MEMORIAL HOSPITAL, VIRTUA VOORHEES HOSPITAL, AND VIRTUA WILLINGBORO HOSPITAL. BOARD CERTIFIED IN INTERNAL MEDICINE, HOSPITALIST PHYSICIANS WORK EXCLUSIVELY IN THE HOSPITAL SETTING, ACTING AS MEDICAL CASE MANAGERS TO ENSURE THAT ALL PATIENT NEEDS ARE MET DURING A HOSPITAL STAY. ADDITIONALLY, HOSPITALISTS PROVIDE AN IMPORTANT LINK TO PATIENT'S PRIMARY CARE OR ADMITTING PHYSICIANS, SUPPORTING CONTINUITY OF CARE WHEN A PATIENT IS RELEASED FROM THE HOSPITAL. NEUROHOSPITALIST PHYSICIANS ARE BOARD CERTIFIED NEUROLOGY PHYSICIANS WHO SPEND THE MAJORITY OF THEIR TIME IN THE HOSPITAL. THEY WORK IN COLLABORATION WITH THE INPATIENT CARE TEAM TO PROVIDE SPECIALIZED NEUROLOGY CARE TO OUR PATIENTS. MATERNAL-FETAL MEDICINE VIRTUA MEDICAL GROUP'S MATERNAL-FETAL MEDICINE SPECIALISTS IN SOUTH JERSEY PROVIDE THE HIGHEST LEVEL OF CARE AVAILABLE TO WOMEN WITH HIGH-RISK PREGNANCIES.FACTORS FOR HIGH RISK PREGNANCIES INCLUDE:CHRONIC HEALTH CONDITIONS SUCH AS HIGH BLOOD PRESSURE OR DIABETES FAMILY HISTORY PREGNANCIES WITH MULTIPLES SUCH AS TWINS OR TRIPLETS HISTORY OF MISCARRIAGE OR PRE-TERM LABOR. IN SUCH CASES, VMG'S NATIONALLY RECOGNIZED MATERNAL-FETAL MEDICINE PHYSICIANS, OR PERINATOLOGISTS, PARTNER WITH OBSTETRICIANS TO ENSURE THE BEST POSSIBLE CHANCES FOR HEALTHY, SUCCESSFUL PREGNANCIES. WITH THEIR ADVANCED TRAINING AND TECHNOLOGY, MATERNAL-FETAL MEDICINE EXPERTS ASSESS FETAL HEALTH AND PROVIDE FAMILIES WITH SEAMLESS CARE, MONITORING HEALTH, CREATING NEWBORN TREATMENT PLAN, EXPECTED PROGNOSIS, AND SOCIAL AND PSYCHOLOGICAL SUPPORT.THE MATERNAL FETAL MEDICINE PROGRAM IS ACCREDITED IN THE AREA OF "OBSTETRIC ULTRASOUND" FROM THE AMERICAN INSTITUTE OF ULTRASOUND AND MEDICINE. VIRTUA VOORHEES WAS DESIGNATED A REGIONAL PERINATAL CENTER BY THE NEW JERSEY DEPARTMENT OF HEALTH AND SENIOR SERVICES. VIRTUA MEMORIAL AND VIRTUA OUR LADY OF LOURDES ARE DESIGNATED AS COMMUNITY PERINATAL CENTERS INTERMEDIATE.PODIATRY VIRTUA'S BOARD-CERTIFIED PODIATRISTS PROVIDE EXPERT CLINICAL CARE AND STATE-OF-THE-ART TREATMENT OPTIONS FOR A COMPLETE RANGE OF FOOT CONDITIONS. EMPHASIZING ADVANCED CARE TO PREVENT FOOT CONDITIONS THAT MAY ARISE DUE TO DIABETES OR OTHER PRIMARY CAUSES, OUR PODIATRISTS WORK CLOSELY WITH OTHER SPECIALISTS SUCH AS ORTHOPEDIC AND PRIMARY CARE PHYSICIANS TO ENSURE A COMPLETE CONTINUUM OF PATIENT CARE.PULMONARY VIRTUA MEDICAL GROUP EMPLOYS PULMONOLOGISTS WHO ARE BOARD AND SPECIALTY TRAINED IN PULMONARY, CRITICAL CARE, INTERNAL AND SLEEP MEDICINE. THESE PULMONOLOGISTS ENSURE THE BEST POSSIBLE TREATMENT FOR SLEEP DISORDERS AND COPD. THEY PERFORM THEIR SERVICES IN THE OFFICES OF MARLTON, MOORESTOWN AND WASHINGTON TOWNSHIP. THEY ALSO PROVIDE ONSITE 24 HOUR, 7 DAYS A WEEK COVERAGE TO VIRTUA'S 5 ACUTE CARE HOSPITALS IN BURLINGTON AND CAMDEN COUNTIES. THE PULMONOLOGISTS WORK CLOSELY WITH THE PRIMARY CARE OFFICES TO ENSURE A COMPLETE CONTINUUM OF CARE.ENDOCRINEVIRTUA MEDICAL GROUP EMPLOYS ENDOCRINOLOGIST WHO ARE BOARD CERTIFIED IN ENDOCRINE AND METABOLISM. THE ENDOCRINOLOGIST ENSURES THE BEST POSSIBLE TREATMENT FOR DIABETES AND THYROID DISORDERS. THEY PERFORM THEIR SERVICES IN THE OFFICES OF VOORHEES, MOUNT LAUREL, AND CHERRY HILL. THE ENDOCRINOLOGISTS WORK CLOSELY WITH THE PRIMARY CARE OFFICES AND REGISTERED DIETICIANS TO ENSURE A COMPLETE CONTINUUM OF CARE AND FOCUS ON MANAGEMENT OF HIGH RISK DIABETES.INFECTIOUS DISEASEVIRTUA MEDICAL GROUP'S INFECTIOUS DISEASE PHYSICIANS PROVIDE SERVICES TO THOSE PATIENTS IN THE COMMUNITY THAT HAVE INFECTIONS THAT NEED TO BE TREATED OUTSIDE THE HOSPITAL THROUGH INFUSION SERVICES. THERE ARE OFFICES LOCATED IN BURLINGTON AND CAMDEN COUNTIES TO PROVIDE THESE SERVICES. SERVICES ARE PROVIDED 7 DAYS A WEEK 365 DAYS A YEAR. ADDITIONALLY, THESE PHYSICIANS PROVIDE SERVICE AND OVERSIGHT IN THE VIRTUA WOUND CARE CENTER AND CERTIFIED TO PERFORM HYPERBARIC OXYGEN TREATMENTS TO HEAL OPEN WOUNDS.DIABETES AND NUTRITIONVIRTUA MEDICAL GROUP'S EMPLOYS DIETICIANS TO ASSIST WITH DIABETES MANAGEMENT SERVICES TO ASSIST WITH OUR DIABETIC POPULATION IN CONTROLLING THEIR DIABETES THROUGH EDUCATION AND NUTRITION SERVICES. ADDITIONALLY, AS PART OF WELLNESS OUR REGISTERED DIETICIANS PROVIDE NUTRIENT SERVICE TO THE GENERAL POPULATION TO PROMOTE HEALTHY SHOPPING, COOKING AND EATING. GROUP AND INDIVIDUAL SESSIONS ARE AVAILABLE.GASTROENTEROLOGYVIRTUA MEDICAL GROUP'S GASTROENTEROLOGISTS TREAT PROBLEMS RELATED TO THE DIGESTIVE SYSTEM. VMG'S BOARD-CERTIFIED GASTROENTEROLOGISTS PERFORM PROCEDURES SUCH AS COLONOSCOPIES, ULTRASOUNDS, ENDOSCOPIES, CAPSULE ENDOSCOPIES, AND BIOPSIES TO DIAGNOSE GI DISORDERS. THEY ALSO PRESCRIBE TREATMENTS RANGING FROM MEDICATION TO MINIMALLY INVASIVE SURGICAL PROCEDURES.NEPHROLOGYOUR BOARD-CERTIFIED NEPHROLOGISTS CAN HANDLE ADULT KIDNEY PROBLEMS, AS WELL AS THE SPECIAL NEEDS OF CHILDREN AND ADOLESCENTS WITH KIDNEY DISORDERS. OUR EXPERTS ARE TRAINED AND EQUIPPED TO MANAGE CHRONIC KIDNEY DISEASE, KIDNEY INJURY, PREGNANCY-RELATED KIDNEY ISSUES, AND CONGENITAL KIDNEY ABNORMALITIES. OUR NEPHROLOGISTS PROVIDE THE FOLLOWING SERVICES: BIOPSY, RENAL ULTRASOUND, KIDNEY FUNCTION MONITORING, DIALYSIS, AND CARE FOLLOWING A KIDNEY TRANSPLANT.PAIN AND SPINEVIRTUA MEDICAL GROUP'S PAIN AND SPINE PHYSICIAN SPECIALIZES IN THE TREATMENT OF A WIDE RANGE OF ACUTE AND CHRONIC PAIN CONDITIONS. SERVICES PROVIDED INCLUDE: EPIDURAL INJECTIONS, RADIOFREQUENCY ABLATION, JOINT INJECTIONS, AND SPINAL CORD STIMULATOR TRIALS.OBSTETRICS & GYNECOLOGYVIRTUA MEDICAL GROUP'S OB/GYNS AND BOARD-CERTIFIED NURSE PRACTITIONERS ARE A VITAL RESOURCE FOR ADDRESSING A VARIETY OF BREAST AND REPRODUCTIVE CONCERNS AND SYMPTOMS. OUR TEAM IS ALSO YOUR RESOURCE FOR CARING, COMPREHENSIVE OBSTETRICAL CARE WHEN READY FOR PREGNANCY. VIRTUA OB/GYN OFFERS THE FOLLOWING SERVICES: FULL RANGE OF TREATMENTS FOR ENDOMETRIOSIS, UTERINE FIBROIDS, HIGH-RISK PREGNANCY CARE, GYNECOLOGIC ONCOLOGY, MINIMALLY INVASIVE AND ROBOTIC REPRODUCTIVE SURGERY AND HYSTERECTOMIES, AND INFERTILITY COUNSELING AND TREATMENT.

    Expenses $267,591,446 · Revenue $206,331,388

  • HIGHLY TRAINED AND EXPERIENCED, THE PRACTITIONERS OF VIRTUA MEDICAL GROUP ARE EXCEPTIONAL IN THEIR FIELDS AND DEVOTED TO THEIR PATIENTS. VIRTUA MEDICAL GROUP PHYSICIANS ARE SUPPORTED BY THE VAST NETWORK OF VIRTUA FACILITIES. FROM ADVANCED DIAGNOSTIC TESTING, OUTPATIENT SURGERY, PHYSICAL THERAPY, AND FITNESS & WELLNESS CENTERS, TO HOSPITALIZATION AND NURSING HOME CARE IF NEEDED, VIRTUA MEDICAL GROUP PHYSICIANS PROVIDE THE CARE PATIENTS NEED, WHEN AND WHERE THEY NEED IT. PHYSICIAN SERVICES ARE PROVIDED TO ALL COMMUNITY MEMBERS INCLUDING THOSE WHO ARE INSURED UNDER MEDICAL ASSISTANCE PROGRAMS, SUCH AS THE STATE ADMINISTERED MEDICAID PROGRAM AND THOSE WHO ARE UNINSURED.TWELVE OF VMG'S PRIMARY CARE OFFICES PARTICIPATE IN THE "PRIMARY CARE FIRST" MODEL. THIS IS A PROGRAM THROUGH THE CENTERS FOR MEDICARE AND MEDICAID SERVICES TO "IMPROVE QUALITY, ACCESS, AND EFFICIENCY OF PRIMARY CARE." ALL OTHER PRIMARY CARE LOCATIONS PARTICIPATE IN "PRIMARY CARE FIRST," A NEWER PROGRAM FROM THE CENTERS FOR MEDICARE AND MEDICAID SERVICES.

    Expenses $67,283,205 · Revenue $61,663,640

  • VIRTUA IS A LEADER IN SURGERY, OFFERING EXPERT SURGEONS IN A RANGE OF SPECIALTIES. THIS LEADERSHIP EXTENDS INTO VIRTUA'S OPERATING ROOMS, WHICH EMPLOY ADVANCED SURGICAL AND IMAGING TECHNOLOGIES FOR USE DURING MINIMALLY INVASIVE SURGERIES, AND ONTO PATIENT UNITS, WHERE SPECIALIZED POST-SURGICAL CARE IS PROVIDED FOR PATIENTS.GENERAL SURGERYVIRTUA'S BOARD-CERTIFIED GENERAL SURGEONS SPECIALIZE IN PERFORMING EMERGENCY AND ELECTIVE SURGICAL PROCEDURES, AS WELL AS DIAGNOSING AND TREATING ABDOMINAL PAIN. SURGERIES INCLUDE GALL BLADDER REMOVAL, HERNIA REPAIR, APPENDECTOMIES, TUMOR REMOVAL, AND LIVER BIOPSIES. GYNECOLOGIC ONCOLOGY VIRTUA MEDICAL GROUP'S GYNECOLOGIC ONCOLOGY SPECIALISTS IN VOORHEES, NEW JERSEY, ARE BOARD-CERTIFIED, FELLOWSHIP-TRAINED GYNECOLOGIC SURGEONS SPECIALIZING IN THE DIAGNOSIS AND TREATMENT OF WOMEN WITH CANCER OF THE REPRODUCTIVE ORGANS. TREATMENT INCLUDES MINIMALLY INVASIVE SURGICAL PROCEDURES AS WELL AS ADVANCED TECHNIQUES IN CHEMOTHERAPY AND RADIATION.IN ADDITION TO THEIR SPECIALTY TRAINING, GYNECOLOGIC ONCOLOGISTS HAVE A STRONG FOUNDATION IN THE GYNECOLOGICAL CARE OF WOMEN WITHOUT CANCER. WITH THEIR BROAD-BASED MEDICAL AND SURGICAL EXPERTISE, VIRTUA GYNECOLOGIC ONCOLOGISTS ARE ABLE TO CARE FOR AND MANAGE THE HEALTH OF THEIR PATIENTS LONG BEYOND A CANCER DIAGNOSIS.BARIATRIC WEIGHT-LOSS SURGERYVIRTUA MEDICAL GROUP'S BARIATRIC SURGERY PROGRAM IN SOUTH JERSEY PROVIDES THE COMPLEX RANGE OF CARE REQUIRED FOR WEIGHT LOSS THAT LASTS A LIFETIME. THERE ARE FOUR TYPES OF BARIATRIC SURGERY PROCEDURES OFFERED BY VIRTUA MEDICAL GROUP, AS WELL AS REVISIONAL SURGERY TO MODIFY A PREVIOUS BARIATRIC PROCEDURE. MOST OF OUR BARIATRIC SURGERIES ARE LAPAROSCOPIC--MEANING THEY'RE PERFORMED USING A MINIMALLY INVASIVE SURGICAL TECHNIQUE THAT USES SMALL INCISIONS. THORACIC SURGERYVIRTUA MEDICAL GROUP'S BOARD-CERTIFIED THORACIC SURGEONS SPECIALIZE IN TREATING PROBLEMS WITHIN THE CHEST, ALSO CALLED THE THORAX. THESE INCLUDE LUNG CONDITIONS--INCLUDING LUNG CANCER AND EMPHYSEMA--AS WELL AS ESOPHAGEAL CANCER, SWALLOWING PROBLEMS, GASTROESOPHAGEAL REFLUX, AND TUMORS IN THE CHEST WALL. OUR THORACIC SURGEONS WORK IN ADVANCED OPERATING SUITES WITH SOPHISTICATED SURGICAL AND IMAGING TECHNOLOGIES AND SUPPORT FROM ANESTHESIOLOGISTS AND SKILLED SURGICAL NURSES. COLORECTAL SURGERYVIRTUA MEDICAL GROUP'S COLORECTAL SURGEONS ARE EQUIPPED WITH ADVANCED, HIGH-DEFINITION COLONOSCOPY EQUIPMENT FOR DETECTING GROWTHS IN THE COLON AND RECTUM. IN ADDITION, OUR SURGEONS PERFORM MORE THAN 1,100 COLORECTAL SURGERIES EVERY YEAR TO TREAT CONDITIONS SUCH AS: CROHN'S DISEASE AND ULCERATIVE COLITIS, DIVERTICULITIS, HEMORRHOIDS, POLYPS, AND COLON CANCER. BREAST SURGERYVIRTUA MEDICAL GROUP'S BREAST SURGEONS OFFER COMPLETE SURGICAL AND DIAGNOSTIC SERVICES FOR PATIENTS 12 AND UP WHO MAY HAVE BREAST CANCER, LESIONS, CYSTS, OR LYMPH NODE ENLARGEMENT. THEY SPECIALIZE IN THE LATEST SURGICAL TECHNIQUES FOR WOMEN WITH BREAST CANCER, INCLUDING MINIMALLY INVASIVE LUMPECTOMY, MASTECTOMY, AND SKIN-SPARING PROCEDURES.BREAST RECONSTRUCTIONPENN MEDICINE VIRTUA PROVIDES INNOVATIVE, POST-MASTECTOMY BREAST RECONSTRUCTION THROUGH A VARIETY OF SURGICAL OPTIONS DESIGNED TO MEET A PATIENTS UNIQUE NEEDS. POST-MASTECTOMY BREAST RECONSTRUCTION SERVICES ARE PROVIDED BY BOARD-CERTIFIED AND FELLOWSHIP-TRAINED RADIATION ONCOLOGISTS, MEDICAL PHYSICISTS, MEDICAL DOSIMETRISTS, RADIATION THERAPISTS, ONCOLOGY NURSES, AND SOCIAL WORKERS. EACH PATIENT'S INDIVIDUALIZED TREATMENT PLAN IS REVIEWED DURING A WEEKLY SESSION ATTENDED BY RADIATION ONCOLOGY EXPERTS FROM PENN MEDICINE AND VIRTUA MEDICAL GROUP.HAND SURGERYVIRTUA MEDICAL GROUP'S HAND SPECIALISTS ARE BOARD-CERTIFIED IN ORTHOPEDIC SURGERY AND FELLOWSHIP-TRAINED IN HAND SURGERY. THEY SPECIALIZE IN THE DIAGNOSIS, TREATMENT, AND REHABILITATION OF INJURIES AND DISORDERS OF THE HAND, WRIST, FOREARM AND ELBOW. THE GOAL OF OUR TEAM IS TO WORK WITH PATIENTS TO ALLEVIATE THEIR PAIN, WHILE MINIMIZING DOWNTIME AND DISCOMFORT.VASCULAR SURGERYVIRTUA MEDICAL GROUP'S BOARD CERTIFIED VASCULAR SURGEONS DIAGNOSE AND TREAT DISORDERS OF THE VASCULAR SYSTEM. THIS INCLUDES EVERYTHING FROM SPIDER VEINS TO BLOCKED ARTERIES AND ANEURYSMS.TRANSPLANT SURGERYTHE VIRTUA CENTER FOR ORGAN TRANSPLANTATION IS THE ONLY PROVIDER OF KIDNEY, LIVER AND PANCREAS TRANSPLANTS IN SOUTH JERSEY. PERSONALIZED CARE INCLUDES EVALUATION, LISTING/WAITING FOR A TRANSPLANT, PREPARING FOR THE SURGERY AND AFTER CARE. OUR TEAM IS EXPERIENCED IN PERFORMING SIMULTANEOUS LIVER-KIDNEY TRANSPLANTS. VIRTUA MEDICAL GROUP SURGEONS ARE SKILLED IN PERFORMING ALL THREE TYPES OF PANCREAS TRANSPLANTS: SIMULTANEOUS PANCREAS KIDNEY, PANCREAS AFTER KIDNEY, AND PANCREAS ALONE. OUR HEALTH SYSTEM HAS RECEIVED ACHIEVEMENT OF LONG-TIME CERTIFICATION FROM THE UNITED NETWORK FOR ORGAN SHARING (UNOS) AND APPROVAL FROM THE CENTERS FOR MEDICARE AND MEDICAID SERVICES.ORTHOPEDIC SURGERYVIRTUA'S HIGHLY SKILLED TEAM OF ORTHOPEDIC SURGEONS SPECIALIZES IN MINIMALLY INVASIVE TECHNIQUES THAT TREAT JOINT PROBLEMS WITH THE SHORTEST RECOVERY TIME POSSIBLE. ARTHROSCOPIC SURGERY IS PERFORMED ON THE KNEE, SHOULDER, ELBOW OR WRIST. CARTILAGE TRANSPLANTS, PERFORMED ARTHROSCOPICALLY IN AS LITTLE AS 30 MINUTES, CAN REDUCE PAIN AND POSSIBLY PUT OFF THE NEED FOR A HIP, KNEE OR SHOULDER REPLACEMENT. VIRTUA'S ORTHOPEDIC SURGEONS DO PROVIDE KNEE JOINT REPLACEMENT IF A PATIENTS' KNEE PAIN HAS NOT RESPONDED TO OTHER THERAPIES.NEUROSURGERYPENN NEUROSURGERY AT VIRTUA PROVIDES ACCESS TO ADVANCED NEUROLOGIC CARE. WE HELP TO RESTORE FUNCTION, MINIMIZE PAIN, AND IMPROVE QUALITY OF LIFE. WE APPLY THE LATEST RESEARCH, DIAGNOSTIC TECHNIQUES AND SURGICAL APPROACHES WHEN DEVELOPING A CARE PLAN. PROCEDURES TAKE PLACE IN THE HYBRID OPERATING LAB AT VIRTUA OUR LADY OF LOURDES HOSPITAL, WHICH PROVIDES THE TEAM THE ABILITY TO PERFORM BOTH CONVENTIONAL OPEN AND MICROSURGICAL PROCEDURES. NEUROSURGEONS USE STATE OF THE ART EQUIPMENT TO TREAT COMPLEX CONDITIONS SUCH AS BRAIN TUMORS AND SPINAL CORD INJURIES.CARDIOTHORACIC SURGERYVIRTUA OUR LADY OF LOURDES HOSPITAL IS THE LEADING CARDIOTHORACIC SURGERY PROGRAM IN SOUTH JERSEY AND ONE OF THE LARGEST PROVIDERS OF CARDIAC SERVICES IN THE REGION. VMG CARDIOTHORACIC SURGEONS ARE EXPERTS AT MINIMALLY INVASIVE AND STERNAL-SPARING SURGERY. PROCEDURES INCLUDE: VALVE REPLACEMENT, CORONARY ARTERY BYPASS GRAFT SURGERY, ABLATION, IMPLANTATION OF VENTRICULAR ASSIST DEVICES, SURGERY FOR CONGENITAL HEART CONDITIONS, OPEN-HEART VALVE REPLACEMENT, AND HEART TUMOR REMOVAL.

    Expenses $76,709,904 · Revenue $56,455,427

  • VIRTUA EXPRESS URGENT CARESWITH MULTIPLE LOCATIONS AND EXTENDED HOURS, VIRTUA EXPRESS OFFERS THE CONVENIENCE OF WALK-IN CARE AND THE CONFIDENCE OF BEING TREATED BY VIRTUA QUALITY DOCTORS AND NURSES. THEY'RE EXPERTS ON EVERYTHING FROM ALLERGIES AND FLU TO CUTS AND SPRAINS, WITH ACCESS TO VIRTUA'S ELECTRONIC MEDICAL RECORDS AND X-RAYS ON-SITE. AND OUR DOCTORS' EXPERIENCE IN FAMILY, EMERGENCY AND INTERNAL MEDICINE MEANS THEY KNOW WHAT TO DO IF AN ACHE IS ACTUALLY SOMETHING MORE. THERE ARE CURRENTLY SEVEN VIRTUA EXPRESS URGENT CARE LOCATIONS; CHERRY HILL, MEDFORD MEDICAL CENTER, MOORESTOWN, MOUNT HOLLY, VOORHEES, WASHINGTON TOWNSHIP AND WESTMONT.OCCUPATIONAL HEALTHVIRTUA MEDICAL GROUP'S OCCUPATIONAL HEALTH OFFERS A WIDE ARRAY OF EMPLOYEE HEALTH SERVICES TO ASSIST INDIVIDUALS WITH REGULATORY COMPLIANCE ISSUES, PRE-EMPLOYMENT PHYSICALS, DRUG SCREENINGS, IMMUNIZATIONS, AND OVERALL EMPLOYEE WELLNESS. THE OCCUPATIONAL HEALTH TEAM INCLUDES PHYSICIANS WHO ARE BOARD CERTIFIED IN OCCUPATIONAL HEALTH, NURSE PRACTITIONERS, AND CASE MANAGERS.

    Expenses $30,504,966 · Revenue $28,466,829

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • DARIUS P SHOLEVAR

    LEAD PHYSICIAN

    Total calculated
    $1,657,001
    From this org
    $1,643,614
    From related orgs
    $0
    Other
    $13,387
    Hours/week
    40 + 0.25 related

    Schedule J breakdown matched by us

    Base
    $703,628
    Bonus
    $939,986
    Other
    $0
    Deferred
    $9,923
    Nontaxable benefits
    $3,464
    Filer's total
    $1,657,001
  • HEATH SALTZMAN

    LEAD PHYSICIAN

    Total calculated
    $1,497,508
    From this org
    $1,474,216
    From related orgs
    $0
    Other
    $23,292
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $548,654
    Bonus
    $925,562
    Other
    $0
    Deferred
    $8,033
    Nontaxable benefits
    $15,259
    Filer's total
    $1,497,508
  • CHUN CHOI

    LEAD PHYSICIAN

    Total calculated
    $1,472,372
    From this org
    $1,424,496
    From related orgs
    $0
    Other
    $47,876
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $1,405,496
    Bonus
    $10,000
    Other
    $9,000
    Deferred
    $4,988
    Nontaxable benefits
    $42,888
    Filer's total
    $1,472,372
  • JOHN M MATSINGER

    PRESIDENT/EVP

    Total calculated
    $1,461,253
    From this org
    $0
    From related orgs
    $1,410,413
    Other
    $50,840
    Hours/week
    0.25 + 40.25 related

    Schedule J breakdown matched by us

    Base
    $0 + $941,017 related
    Bonus
    $0 + $456,396 related
    Other
    $0 + $13,000 related
    Deferred
    $0 + $9,150 related
    Nontaxable benefits
    $0 + $41,690 related
    Filer's total
    $0 + $1,461,253 related
  • ERIC SZTEJMAN

    LEAD PHYSICIAN

    Total calculated
    $1,314,767
    From this org
    $1,257,602
    From related orgs
    $0
    Other
    $57,165
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $1,064,931
    Bonus
    $154,564
    Other
    $38,107
    Deferred
    $13,725
    Nontaxable benefits
    $43,440
    Filer's total
    $1,314,767
  • NASSER I YOUSSEF

    PHYSICIAN

    Total calculated
    $1,241,610
    From this org
    $1,206,147
    From related orgs
    $0
    Other
    $35,463
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $945,647
    Bonus
    $240,000
    Other
    $20,500
    Deferred
    $9,150
    Nontaxable benefits
    $26,313
    Filer's total
    $1,241,610
  • SEAN MCMILLAN

    PHYSICIAN

    Total calculated
    $1,224,566
    From this org
    $1,165,588
    From related orgs
    $0
    Other
    $58,978
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $847,501
    Bonus
    $297,587
    Other
    $20,500
    Deferred
    $13,340
    Nontaxable benefits
    $45,638
    Filer's total
    $1,224,566
  • CRAIG ZARETSKY

    PHYSICIAN

    Total calculated
    $949,259
    From this org
    $893,684
    From related orgs
    $0
    Other
    $55,575
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $720,784
    Bonus
    $140,631
    Other
    $32,269
    Deferred
    $9,938
    Nontaxable benefits
    $45,637
    Filer's total
    $949,259
  • REBECCA D LYNCH

    PRES VMG/SVP/SECRETARY

    Total calculated
    $534,595
    From this org
    $479,706
    From related orgs
    $0
    Other
    $54,889
    Hours/week
    40.25

    Schedule J breakdown matched by us

    Base
    $362,657
    Bonus
    $108,049
    Other
    $9,000
    Deferred
    $11,649
    Nontaxable benefits
    $43,240
    Filer's total
    $534,595
  • SAMUEL DAVID WEINER

    MD/BOARD MEM/TREASURER

    Total calculated
    $462,086
    From this org
    $412,071
    From related orgs
    $0
    Other
    $50,015
    Hours/week
    40.25

    Schedule J breakdown matched by us

    Base
    $321,853
    Bonus
    $81,218
    Other
    $9,000
    Deferred
    $9,389
    Nontaxable benefits
    $40,626
    Filer's total
    $462,086
  • ROBERT BARON

    VP OPERATIONS

    Total calculated
    $348,124
    From this org
    $290,850
    From related orgs
    $0
    Other
    $57,274
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $221,887
    Bonus
    $59,963
    Other
    $9,000
    Deferred
    $12,338
    Nontaxable benefits
    $44,936
    Filer's total
    $348,124
  • DIANE MILLER

    VP OPERATIONS

    Total calculated
    $345,250
    From this org
    $318,824
    From related orgs
    $0
    Other
    $26,426
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $246,191
    Bonus
    $63,633
    Other
    $9,000
    Deferred
    $10,862
    Nontaxable benefits
    $15,564
    Filer's total
    $345,250
  • SARAH SIVON

    VP OPERATIONS

    Total calculated
    $343,393
    From this org
    $304,336
    From related orgs
    $0
    Other
    $39,057
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $234,417
    Bonus
    $60,919
    Other
    $9,000
    Deferred
    $12,307
    Nontaxable benefits
    $26,750
    Filer's total
    $343,393
  • PATRICIA M LUBRANO

    VP OPERATIONS

    Total calculated
    $326,355
    From this org
    $310,696
    From related orgs
    $0
    Other
    $15,659
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $241,240
    Bonus
    $60,456
    Other
    $9,000
    Deferred
    $13,725
    Nontaxable benefits
    $1,934
    Filer's total
    $326,355
  • JAMES P DWYER

    COMMUNITY BOARD MEMBER/SECRETARY

    Total calculated
    $0
    Hours/week
    0.25 + 1.4 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 4b · Supplemental nonqualified retirement plan
  • 7 · Other non-fixed payments

Answered no

  • 4a · Severance or change-of-control payment
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 3
VIRTUA MEDICAL GROUP, P.A. ADOPTS THE POLICIES OF VIRTUA HEALTH, INC. ESTABLISHING THE COMPENSATION OF THE ORGANIZATIONS CEO/EXECUTIVE DIRECTOR. THE POLICY USES THE FOLLOWING: COMPENSATION COMMITTEE, INDEPENDENT COMPENSATION CONSULTANT, WRITTEN EMPLOYMENT CONTRACT, COMPENSATION SURVEY OR STUDY, AND APPROVAL BY THE VIRTUA BOARD OR COMPENSATION COMMITTEE.
PART I, LINE 4B
A RELATED ORGANIZATION, VIRTUA HEALTH, INC., HAS A "COLLATERAL ASSIGNMENT SPLIT DOLLAR PLAN" (CASD), WHICH IS DESCRIBED IN SCHEDULE O.
PART I, LINE 7
PAY AT RISK AND/OR DISCRETIONARY BONUSES PROVIDED TO THE INDIVIDUALS LISTED ON FORM 990, PART VII, SECTION A, LINE 1A ARE BASED ON THE ACHIEVEMENT OF SIGNIFICANT QUANTITATIVE, QUALITATIVE, AND/OR PROGRAMMATIC GOALS AND ARE APPROVED BY THE COMPENSATION COMMITTEE FOR DISQUALIFIED INDIVIDUALS AND BY THE CEO FOR ALL OTHERS.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

Provenance

Return type
form_990
Tax year
2022
Filed
13 November 2023
IRS schema version
2022v5.0
Source object
202343179349309914

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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