Indiana Healthcare Physician Services Inc.

Overview

Indiana Healthcare Physician Services Inc. is a nonprofit organization focused on healthcare services. It is designated as a tax-exempt entity under the Internal Revenue Service, operating primarily in the health treatment facilities sector, with a focus on outpatient services.

Mission and Activities

The organization's mission is to provide healthcare services, particularly in rural areas of Indiana and surrounding communities. As a nonprofit hospital-owned group of practices, it aims to meet the healthcare needs of these regions.

Financial Overview

As of its most recent reported financial data, Indiana Healthcare Physician Services Inc. had a total revenue of $32,434,639, with expenses totaling $47,441,331, resulting in a net loss of $15,006,692. The organization's primary sources of revenue come from program services, which accounted for approximately 86.6% of its total revenue. Other revenue sources include miscellaneous income.

Notable Financial Figures

• Total Assets: $3,364,730
• Total Liabilities: $120,589

Governance and Structure

The organization is part of the broader healthcare network in Indiana and contributes to the region's healthcare infrastructure by providing outpatient and other specialized services.

Rating and Transparency

Indiana Healthcare Physician Services Inc. has received a rating of 2 out of 4 stars from Charity Navigator. This rating system evaluates nonprofits based on their financial health, accountability, and transparency.

Conclusion

Indiana Healthcare Physician Services Inc. plays a crucial role in providing healthcare services in rural areas. While facing financial challenges, the organization continues to serve its community through various healthcare programs and services.

[1] https://www.dnb.com/business-directory/company-profiles.indiana_healthcare_physician_services_inc.bf2840ebc899504a987448037eeb2d70.html [2] https://projects.propublica.org/nonprofits/organizations/251842046 [3] https://projects.propublica.org/nonprofits/organizations/251842046/201501349349305330/full [4] https://www.irmc.org [5] https://www.charitynavigator.org/ein/251842046