irs program accomplishments · form 990 part iii · fy2020
What they reported doing
- #1 primary $18.23MADMIN/SUBSIDY REVENUE IS SUBSIDIZED INCOME FROM RELATED HOSPITALS (VASSAR BROTHERS MEDICAL CENTER, NORTHERN DUTCHESS HOSPITAL, PUTNAM HOSPITAL AND SHARON HOSPITAL).
- #2 $1.39MAFFILIATE REVENUE IS RECOGNIZED FOR PHYSICIAN OVERSIGHT MANAGEMENT FEES FROM ITS SUPPORTED ORGANIZATIONS.
named programs · 2 · from sources
What they call their work
Cardiovascular Clinical Care
Provides diagnosis and treatment of heart disease and vascular conditions to patients in the Hudson Valley region
Physician Oversight Management
Provides medical leadership and supervisory services to affiliated hospitals and supported organizations
activities · 2 groups
What they do
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Healthcare System Administrative Support 1 activity
- Provides physician oversight and management services to supported organizationsDelivers physician oversight and management services to affiliated organizations, generating revenue through these capacity-building arrangements.
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Hospital and Medical Center Support 1 activity
- Receives subsidized income from affiliated hospitalsObtains financial support from affiliated hospitals to sustain administrative and clinical operations.
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financials · form 990 · fy2023
revenue
Total revenue$64.91M
Contributions & grants$4310%
Program service revenue$64.83M100%
Investment income$5K0%
Other revenue$70K
expenses
Total expenses$66.40M
Program expenses98%
Admin / overhead2%
Fundraising0%
Salaries & benefits$59.29M
Grants paid out$0
Largest expense lineCompensation
balance sheet
Total assets$83.42M
Cash$430K
Investments$0
Liabilities$94.35M
Net assets$-10.93M
Liquid reserves0.1 mo
5 years on record · 2019–2023 · YoY revenue +15.9%
leadership · form 990 part vii · fy2023
Who runs it
paid leadership · 11
| Name | Title | Hours/wk | Compensation |
|---|---|---|---|
| DANIEL DEBARBA | CHIEF FINANCIAL OFFICER; TREASURER | 2 | $1.65M |
| CHRISTOPHER M LEHRACH MD | HVCP PRES/CHIEF PHYSICIAN EXECUTIVE | 12 | $1.44M |
| RAJEEV L NARAYAN MD | PHYSICIAN INTERVENTIONAL | 40 | $1.25M |
| ANTHONY J PATRELLO MD | PHYSICIAN INTERVENTIONAL | 40 | $1.24M |
| M ZUBAIR JAFAR MD | PHYSICIAN INTERVENTIONAL | 40 | $1.23M |
| ALI HAMMOUD MD | PHYSICIAN CLINICAL | 40 | $1.21M |
| JOSEPH W CHRISTIANA MD | PHYSICIAN- CLINICAL | 40 | $1.20M |
| MARK K WARSHOFSKY MD | SVP & SYS. CHAIRMAN HEART & VASC. INST. | 20 | $1.16M |
| DENISE GEORGE | FORMER CORPORATE SECRETARY | 0 | $792K |
| DANIEL J O'DEA MD | FORMER PRESIDENT | 40 | $567K |
| KELLY STOCK | VP HEART & VASCULAR INSTITUTE | 20 | $423K |
relationships · 4
Who they work with
- Northern Dutchess Hospital Partner — Provides subsidized revenue to support administrative and clinical operations.
- Putnam Hospital Partner — Provides subsidized revenue to support administrative and clinical operations.
- Sharon Hospital Partner — Provides subsidized revenue to support administrative and clinical operations.
- Vassar Brothers Medical Center Partner — Provides subsidized revenue to support administrative and clinical operations.
strategies · 1
How they approach the work
Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.
- Efficient and Compassionate Care Deliverymethodology: efficient_and_compassionate_care_deliveryBy integrating efficiency and compassion into cardiovascular care delivery, the practice improves patient outcomes and community health because this dual focus enhances both clinical effectiveness and patient trust.