2026-08-17T16:43:54-07:00 2025-09-30 990 2024-10-01 050389801 LIFESPAN PHYSICIAN GROUP INC LIFE 4014443500 15 LaSalle Square Providence RI 02903 Kevin Bickerstaff Director of Finance 4014447035 2026-08-17 1 2024 2025-03-06 01:10:19Z X Babar Khokhar MD 15 LaSalle Square Providence RI 02903 366760724 0 X www.brownhealth.org X 1981 RI Lifespan Physician Group, Inc., now known as Brown Health Medical Group (BHMG) provides accountable patient-centered, high quality, efficient, value-based care to serve the health care needs of Rhode Islanders and others. BHMG's mission is: Delivering health with care. 14 0 2454 0 0 0 0 0 247183549 361414289 587 126223 4148772 5220212 251332908 366760724 2873000 3000000 0 0 268969128 283196330 0 0 0 55664785 148389182 327506913 434585512 -76174005 -67824788 59130898 197276046 60350374 198324240 -1219476 -1048194 X Lifespan Physician Group, Inc., now known as Brown Health Medical Group (BHMG) provides accountable patient-centered, high quality, efficient, value-based care to serve the health care needs of Rhode Islanders and others. BHMG's mission is: Delivering health with care. 0 0 50966556 0 30324978 BHMG Hospitalists: Hospitalists are a dedicated inpatient group whose responsibilities are to care for medical patients from admission through discharge. Their role is to ensure that communication between the hospital and the PCPs is optimized to ensure that patients receive the best care possible. Brown University Health has more than 80 hospitalist providers throughout our affiliates. 41835570 0 43414871 BHMG Anesthesiology: The providers of BHMG's anesthesiology practice group provide anesthesia care for adults, children, and adolescents undergoing surgery at Brown University Health hospitals and outpatient centers. The physicians and specialty-trained nurses of this group make up the largest anesthesia group in Rhode Island and bring their expertise from many of the nation's top training programs. Services include preoperative assessments and consultations, state-of-the-art equipment for general, regional, and intravenous sedation techniques, subspecialty expertise in ambulatory, cardiac, neurosurgical, thoracic, vascular, and regional anesthesia, as well as postoperative acute and chronic pain management. 35603196 0 33281215 BHMG Pediatrics: BHMG's Pediatric practice group is comprised of pediatricians and specialists who provide routine health check-ups, treat illnesses, lead immunization clinics, and staff Rhode Island Hospital's (RIH) pediatric division, Hasbro Children's Hospital (HCH). Operating expenses for this practice group directly charged to BHMG during the fiscal year ended September 30, 2025 represented primarily payroll and fringe benefit expenses funded by RIH. 32274563 0 30751817 BHMG Psychiatry is fully committed to integrating high quality mental health care with primary medical services at all Lifespan hospitals. BHMG physicians in psychiatry offer behavioral medicine services to help individuals improve health through behavior change in an inpatient and outpatient setting. 22243670 0 12011225 The BHMG Department of Neurosurgery at RIH offers patient-focused, state-of-the-art clinical care in highly-equipped and modern facilities. Each of BHMG's skilled surgeons has specific neurosurgical subspecialty expertise, including surgery for brain tumors and epilepsy, cerebrovascular surgery, skull-base surgery, radiosurgery, complex spine surgery, and pediatric neurosurgery. In addition to providing care to patients and families from all over New England and the nation, as well as from outside the United States, BHMG surgeons are faculty members at The Warren Alpert Medical School of Brown University, where they conduct research as well as teach and mentor the next generation of neurosurgeons. Operating expenses and revenue for Neurosurgery during the fiscal year ended September 30, 2025 were $20,430,232 and $10,997,196, respectively. BHMG's Ob-GYN Group is committed to bringing together intelligent, talented, and compassionate professionals in order to provide exceptional care for women based on the latest research, technological advances, and holistic approaches. With three locations in Rhode Island and Massachusetts, BHMG OB-GYN has the advantage of many highly trained and experienced providers with easy access to medical specialists at BHMG's Women's Medicine Collaborative (WMC). BHMG OB-GYN and WMC work in partnership with one another, consulting on difficult cases and assisting each other in numerous surgeries. Operating expenses and revenue for OGA during the fiscal year ended September 30, 2025 were $16,418,541 and $12,859,021, respectively. 22162965 0 21465357 The Cardiovascular Institute (CVI) meet the demands of the changing health care environment and to enhance the level of cardiovascular care provided to the community. The CVI includes approximately almost 60 providers and support staff at three ambulatory care centers and two comprehensive cardiac centers. BHMG's portion of the CVI's program expenses consists primarily of CVI's expanded office-based services. CVI specialists work as a team across all disciplines, combining their expertise to provide an individualized treatment plan for each patient, whether the need is consultative, diagnostic, interventional, surgical, or rehabilitative. Services also include heart failure management, congenital heart disease management, and lipid management, as well as management of hypertension and disease prevention. Operating expenses and revenue for this practice group during the fiscal year ended September 30, 2025 were $22,162,965 and $21,465,357, respectively. 113371212 3000000 195385038 The remaining BHMG revenue and expenses represent physician groups whose operations do not exceed more than 5% individually of the organization's total expenses incurred during the year ended September 30, 2025. 190052410 3000000 259613437 318457732 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 1 77 0 1 2454 1 0 0 0 0 0 0 0 0 X 14 0 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 RI X Peter K Markell 4014447914 15 LaSalle Square Providence RI 02903 X Ziya L Gokaslan MD Physician 0.5 45 X 1671733 0 46216 Peter K Markell EVP & CFO 0.1 59.9 X 0 1464555 40760 Albert Woo MD Physician 40 0 X 1412244 0 59792 Curtis E Doberstein MD Trustee 0 0 X 1300836 0 45485 Timothy J Babineau MD Fmr Chair 0 0 X 0 1335765 0 Babar Khokhar MD President 10 50 X X 0 1001370 143638 Gildasio Oliveira Jr MD Treasurer/Secretary 40 0 X X 1021083 0 54447 Athena Poppas MD Fmr President 40 0 X 882653 0 53778 Albert A Telfeian MD Physician 40 0 X 845520 0 54678 Adetokunbo Oyelese MD Trustee 40 0 X 845855 0 54009 Petra M Klinge MD Physician 40 0 X 848380 0 45173 Wael F Asaad MD Physician 40 0 X 857421 0 24064 Paul Liu MD Trustee 40 0 X 814765 0 52985 Phyllis A Dennery MD Trustee 40 0 X 758853 0 48685 Edward McGookin MD Trustee 20 40 X 0 570161 130415 Christopher Song MD Trustee 40 0 X 575912 0 54662 Henry T Sachs III MD Chairperson 40 0 X X 563221 0 49367 Jill A O'Brien MD Trustee 40 0 X 472578 0 89849 Michael E Migliori MD Trustee 40 0 X 492846 0 45373 Steven Lampert MD Fmr President 40 0 X X 411279 0 73 Ashish Misri MD Trustee 40 0 X 306948 0 12710 Margaret A Miller MD Vice Chair thru 12/24 40 0 X X 273523 0 34937 Jessica Attar MSN Trustee 40 0 X 176772 0 42953 Julie Boergers PhD Trustee 40 0 X 93734 0 38474 14626156 4371851 1222523 944 1 1 0 Hawthorne Medical Association LLC PO Box 3076 Boston MA 02241 Physician Services 11736655 Hillary Kirk Woodyatt 5 Hitching Post Lane Hingham MA 02043 Provider Recruitment 482387 Aya Healthcare 674907 1200 E Campbell Road Suite 108 Richardson TX 75081 Contract Labor 480730 Pontiac Medical Group LLC 1500 Pontiac Avenue Suite 103 Cranston RI 02920 Physician Services 373871 Rhode Island Medical Imaging PO Box 8420900 Boston MA 02284 Imaging Services 367858 18 0 Patient Service Revenue 621110 176836504 176836504 0 0 Hospital Support Revenue 621110 86222534 86222534 0 0 Laboratory Lease Revenue 621500 1607486 1607486 0 0 Physician Fees 621110 96747765 96747765 0 0 0 0 0 0 361414289 126223 0 0 126223 0 0 0 0 0 0 0 0 0 0 0 0 Leased Physician Services 900099 5220212 5220212 0 0 0 0 0 0 5220212 366760724 366634501 0 126223 3000000 3000000 0 0 0 0 0 0 9394439 6769122 2625317 0 248 248 0 0 231024348 210129731 20894617 0 14342843 12993719 1349124 0 8749179 7943845 805334 0 19685273 17716746 1968527 0 43060114 0 43060114 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 17054 0 17054 0 7615603 4195378 3420225 0 22796 6746 16050 0 539675 513480 26195 0 359249 194285 164964 0 0 0 0 0 33396685 23775699 9620986 0 163394 150391 13003 0 0 0 0 0 33865 20938 12927 0 0 0 0 0 0 0 0 0 1300318 1212021 88297 0 16274977 15948824 326153 0 Purchased Services 27465514 450000 27015514 0 Provision for Bad Debts 5572997 5405477 167520 0 Professional Allowance 2714840 2712125 2715 0 Drugs and IV Solutions 2534933 2534933 0 0 7317168 2784024 4533144 0 434585512 318457732 116127780 0 0 0 40876 243054 0 0 11935931 13253885 0 0 0 0 0 0 0 0 165388 1642572 17746026 7366199 6638746 10379827 0 0 0 0 0 0 770221 345175 39579736 171411533 59130898 197276046 23300446 34252244 0 0 0 0 0 0 0 0 0 0 0 0 0 0 37049928 164071996 60350374 198324240 X -1219476 -1048194 0 0 -1219476 -1048194 59130898 197276046 X -67824788 0 0 0 0 67996070 X X 0 1 X 1 0 X 271728555 281440113 260257653 251332321 361414289 1426172931 271728555 281440113 260257653 251332321 361414289 1426172931 1426172931 28062 0 0 587 126223 154872 28062 0 0 587 126223 154872 3275127 4148772 5220212 12644111 271756617 281440113 263532780 255481680 366760724 1438971914 0.99111 0.9943 0.00011 0.0001 X Schedule A, Part III, Line 12 Leased Physician Services. 0 0 0 0 564513 370380 194133 0 3549719 777348 2772371 0 12849894 5605400 7244494 0 781900 613071 168829 10379827 Due from Affiliates 156058643 Non-current right of use assets 15352890 171411533 0 Due to Affiliates 123939406 Estimated Malpractice Self-Insurance Costs 17466290 Non-current Operating Lease Obligations 12566336 Third-party Payor Settlements 3958598 Current portion of Long-Term Lease Obligations 3020924 Estimated Healthcare Benefits Self-Insurance Liabilities 3016442 Accrued Pension Liability 104000 164071996 X Schedule D, Part X, Line 2 BHMG is included in the consolidated financial statements of Brown University Health system which includes the following footnote regarding uncertain tax positions: Brown Health and substantially all its affiliates are not-for-profit corporations as described in Section 501(c)(3) of the Internal Revenue Code (the Code) and are exempt from federal income taxes pursuant to Section 501(a) of the Code. Brown Health MSO, Inc., Lifespan Risk Services, Inc.(d/b/a Brown University Health Risk Services), and VNA Technicare, Inc. (d/b/a Brown Health Home Medical) are taxable corporations. BHMG recognizes the effect of income tax positions only if those positions are more likely than not to be sustained. Recognized income tax positions are measured at the largest amount of benefit that is greater than fifty percent likely to be realized upon settlement. Changes in measurement are reflected in the period in which the change in judgment occurs. BHMG did not recognize the effect of any income tax positions in either 2025 or 2024. 1 Brown Urology 110 Elm Street 2nd Floor Providence RI 02903 821512459 501(c)(3) 3000000 Cash Practice Support 1 0 Schedule I, Part I, Line 2 The organizations that are granted assistance are non-profit organizations (typically 501(c)(3)) whose missions are similar to that of BHMG, including promoting and advancing medical research, education and training in medicine, promoting medical-related sciences, and providing clinical practice. X 1 1 X X X X X 1 1 0 0 0 0 0 1 0 Ziya L Gokaslan MD Physician 1513096 0 144400 0 14237 0 20700 0 25516 0 1717949 0 0 0 Peter K Markell EVP & CFO 0 1221588 0 242967 0 0 0 18975 0 21785 0 1505315 0 0 Albert Woo MD Physician 510458 0 899137 0 2649 0 20700 0 39092 0 1472036 0 0 0 Curtis E Doberstein MD Trustee 1098284 0 195000 0 7552 0 20700 0 24785 0 1346321 0 0 0 Timothy J Babineau MD Fmr Chair 0 0 0 0 0 1335765 0 0 0 0 0 1335765 0 1335765 Babar Khokhar MD President 0 829422 0 150000 0 21948 0 124010 0 19628 0 1145008 0 0 Gildasio Oliveira Jr MD Treasurer/Secretary 819345 0 200000 0 1738 0 20700 0 33747 0 1075530 0 0 0 Athena Poppas MD Fmr President 784146 0 90956 0 7551 0 20700 0 33078 0 936431 0 0 0 Albert A Telfeian MD Physician 713090 0 127500 0 4930 0 20700 0 33978 0 900198 0 0 0 Adetokunbo Oyelese MD Trustee 713424 0 127500 0 4931 0 20700 0 33309 0 899864 0 0 0 Petra M Klinge MD Physician 715949 0 127500 0 4931 0 20700 0 24473 0 893553 0 0 0 Wael F Asaad MD Physician 727270 0 127500 0 2651 0 20700 0 3364 0 881485 0 0 0 Paul Liu MD Trustee 756214 0 51000 0 7551 0 20700 0 32285 0 867750 0 0 0 Phyllis A Dennery MD Trustee 679667 0 64648 0 14538 0 20700 0 27985 0 807538 0 0 0 Edward McGookin MD Trustee 0 549431 0 0 0 20730 0 96537 0 33878 0 700576 0 0 Christopher Song MD Trustee 425968 0 148926 0 1018 0 17738 0 36924 0 630574 0 0 0 Henry T Sachs III MD Chairperson 0 483379 0 0 0 79842 0 20651 0 28716 0 612588 0 0 Schedule J, Part I, Line 1a Tax Indemnification and Grossed Up Payments: The Brown Health Executive Long Term Disability program provides financial protection to designated Brown Health physicians and executives in the event that they become disabled. Premiums are paid to the insurance carrier by the insureds on an after-tax basis to allow for income replacement at a reasonable cost. The income associated with the premiums is grossed up to cover the total cost of the benefit as provided in the Brown Health Executive Benefit Plan and is included in Medicare wages, more specifically on Schedule J, Part II, Column B (iii). BHMG also purchased professional liability prior acts coverage for certain newly-hired physicians in calendar year 2024. Premiums were paid to insurance carriers by the insureds on an after-tax basis. The income associated with the premiums is grossed-up to cover the total cost of the benefit as provided in the physicians' employment contracts and is included in Medicare wages, more specifically on Schedule J, Part II, Column B (iii). Schedule J, Part I, Line 3 Compensation of the BHMG President is determined by the Compensation Committee of Brown Health. This committee's determination process utilizes a combination of an independent compensation consultant, written employment contracts, and compensation studies/surveys, along with approval by the Brown Health Board of Directors. Additionally, physician compensation is determined under separate compensation policies established by BHMG which take into consideration factors such as independent compensation consultants, written employment contracts, areas of specialty, productivity and/or quality incentive markers, and compensation studies/surveys. Schedule J, Part I, Line 4 Line 4a: The following individual received severance and/or change of control payments during the calendar year ending December 31, 2024: Timothy J. Babineau, MD, former trustee: $1,335,765. Line 4b: Brown Health offers a non-qualified supplemental employee retirement plan (SERP) to certain executives. The following individuals were credited with the non-vested amounts indicated during calendar year 2023 and such amounts are included in deferred compensation on Schedule J, Part II, Column C: Edward D. McGookin, MD - $69,872. Jill A. O'Brien, MD - $76,894. In 2024, the following individuals became vested in and were paid a 2021 non-qualified supplemental employee retirement plan (SERP) amount and such amounts are included in Medicare wages, more specifically on Schedule J, Part II, Column B(iii): Peter K. Markell - $158,521. Patricia H. Richards - $33,493. Henry T. Sachs, M.D. - $59,524. The portion of the above payments that was reported as deferred compensation in prior years is reflected on Schedule J, Part II, Column F. Participants included in Brown Health's SERP are awarded plan contributions on a quarterly basis. Contributions and interest earned during a plan year vest after three years and are paid to plan participants at that time. SERP payments earned during the calendar year which have not yet vested are disclosed on Schedule J, Part II, Column C. Vested SERP payments received during the year are disclosed on Schedule J, Part II, Column B(iii) (as well as Column F if reported on Schedule J, Part II, Column C of a previously filed Form 990). Plan contributions awarded to participants who have reached age 62 become vested as of the beginning of the following calendar year. Schedule J, Part I, Line 7 Certain physicians and executives participate in incentive compensation plans arranged through individual contractual agreements which stipulate non-fixed payments based on meeting criteria comprised of various quality and productivity markers. Matthew Salisbury MD Former Trustee 375812 Rent 0 Schedule L, Part IV Matthew T. Salisbury, MD, former Trustee , is an owner of Pontiac Medical Group, LLC (Pontiac), with which BHMG has entered into an operating lease of a health care facility. During fiscal year 2025, BHMG paid rent of $375,812 to Pontiac under the terms of its lease. Terms of the rent expense related to the lease have been established at fair market value. Form 990, Part III, Line 1 BHMG has become one of the largest multispecialty practices in Rhode Island since its inception in 2012. BHMG's network of approximately 675 provider full-time equivalents (FTEs) and 412 support staff FTEs at September 30, 2025 offers a multitude of services that encompass medical areas such as primary care, neurosurgery, rheumatology, anesthesia, pediatrics, OB-GYN, plastic surgery, psychiatry and behavioral health, women's medicine, urgent care, and specialty services including cardiology, gastroenterology, pathology, and ophthalmology. BHMG's continuum of care guarantees access to specialty services within its network, as well as to all clinical care across the Lifespan health system. BHMG's teams provide patients with care ranging from basic needs to the most advanced treatments. BHMG was organized to provide accountable patient-centered, high quality, efficient, value-based, and innovative care to serve the health care needs of the communities in Rhode Island and elsewhere, including those served by the Hospitals affiliated with Brown University Health, and to promote and advance patient care, medical research, education and training in medicine, and medical-related sciences. In elaboration of such mission, BHMG is established for the benefit of and to support the patient care, teaching, and research missions of RIH, TMH, Emma Pendleton Bradley Hospital, Newport Hospital, and The Warren Alpert Medical School of Brown University. In the fiscal year ended September 30, 2025, the following BHMG statistics are notable: Visits- 592,655 Procedures- 263,433 Surgeries- 29,654 Form 990, Part VI, Section A, Line 7a BUH has the authority to appoint two members to the BHMG Board of Trustees, who are referred to in the BHMG bylaws as the BUH Designees. Form 990, Part VI, Section B, Line 11b The preparation and filing of the Form 990 and supporting schedules is the responsibility of the Executive Vice President & Chief Financial Officer (EVP/CFO) and BUH's Finance Department. The Form 990 is prepared by the accounting staff upon completion of BUH's annual independent audit and is reviewed by the Corporate Services Tax Compliance Manager and the Director of Finance. The draft Form 990 is then provided to the BHMG VP of Finance and EVP/CFO for final management review. Prior to filing the return with the Internal Revenue Service, a copy of the entire form is sent to BHMG's Board of Trustees in advance of its next Board meeting, at which the Director of Finance & EVP/CFO discuss highlights of the Form. All questions and concerns of the members of the Board are addressed and incorporated into the Form 990 when appropriate. Once the Form 990 is complete and ready to be filed, the members of the Board are notified via email that a copy of the final version of the Form 990 is accessible through a website portal. The EVP/CFO is authorized to file the Form 990. Form 990, Part VI, Section B, Line 12c Brown University Health has a Conflict of Interest Policy that is applicable to all affiliates, including BHMG, and administered by Brown Health's Corporate Compliance Department as follows: Each designated person subject to Brown Health's conflict of interest policy is required to provide Brown Health with an initial disclosure statement and thereafter an annual statement attesting that: (i) the designated person has read and is familiar with this policy, and (ii) the designated person and, to the best of his/her knowledge, family members, have not in the past engaged in, are not presently engaging in, or plan to engage in, any activity which contravenes this policy. If, at any time during the course of employment or association, a designated person has reason to believe that an existing or contemplated activity may contravene this policy, the person shall submit a full written description of the activity to the Brown Health Compliance Officer or the Office of the General Counsel to seek a determination as to whether the contemplated activity does or does not contravene this policy. If the activity in question involves either the Chief Executive Officer, the Senior Vice President and General Counsel, or a Trustee, a full written disclosure must be made to, and a determination sought from, the Chairman of the Board of Directors of Brown University Health. Annually, the Brown Health Compliance Officer shall review and report to the Brown Health Executive Corporate Compliance Committee and to the Brown Health Audit and Compliance Committee on the administration of this policy. Failure on the part of any designated person to comply with this policy, including failure to submit in a timely fashion the conflict of interest disclosure statement, will be grounds for removal from his/her position and/or termination of his/her employment with Brown Health. Form 990, Part VI, Section B, Line 15 The following applies to Brown Health and all of its affiliates, including BHMG: EXECUTIVE COMPENSATION Brown Health's executive compensation philosophy balances appropriate stewardship of resources and the need to be competitive in recruiting and retaining talented individuals. It incorporates market-competitive and performance-related principles, and covers the President and CEO of Brown Health as well as other officers, senior management, and key employees. Brown Health's executive compensation program complies both with law and with contemporary ethical norms, and is administered consistent with the organization's tax-exempt status under Section 501(c)(3) of the Internal Revenue Code (IRC) and the avoidance of transactions subject to intermediate sanctions under Section 4958 of the IRC. Executive compensation is also administered consistent with Brown Health's Corporate Compliance Policy on Excess Benefit Transactions. The Compensation Committee of the Brown University Health Board of Directors (the Committee), comprised of disinterested Brown Health Board members, is responsible for diligent oversight of executive compensation to ensure compliance with IRC requirements. Its duties include: * Approving eligibility for participation in the executive compensation program * Approving changes in compensation for existing executive participants * Approving guidelines, such as salary ranges and contract terms, on appropriate levels of compensation for other key employees * Approving new, and modifying or terminating existing, executive compensation plans including, but not limited to, annual incentive and executive benefit plans * Approving performance objectives associated with Brown Health's annual incentive plan, including measuring points, and using verified actual performance relative to these objectives as a precondition to approving the payment of any awards under the plan * Authorizing periodic performance benchmark studies to be conducted for purposes of assessing Brown Health's performance within the healthcare industry and the degree to which total remuneration levels at Brown Health are generally commensurate with Brown Health performance relative to healthcare industry performance * Conducting an annual performance review of Brown Health's Chief Executive Officer. The Chair of the Committee conducts and documents this review, based on his/her observations and interpretation of feedback from members of the Board of Directors. * Selecting and engaging qualified, independent, third-party compensation valuation consultants that the Committee charges with rendering opinions with respect to the reasonableness and comparability of compensation as well as the comparative organizations against which compensation is assessed, in accordance with relevant sections of the IRC and Brown Health's executive compensation philosophy. Brown Health's Chief Executive Officer works closely with the Committee to make recommendations on the above topics and keep the Committee informed about contemplated compensation changes for executives and other key employees, as well as candidates for these roles. The CEO also provides periodic updates to the Committee regarding Brown Health's performance relative to compensation-related performance objectives. The Committee's deliberations and actions are documented in minutes prepared for each meeting. PROCESS FOR DETERMINING COMPENSATION Valuation of Total Cash and Total Remuneration: No less frequently than annually, the Committee receives and reviews a total cash compensation valuation of all existing executive compensation program participants prepared by its independent compensation consultant. Annually, the Committee also receives and reviews a total remuneration valuation of all existing executive compensation participants. Base Salary Actions: The CEO recommends any salary adjustments for participants in the executive compensation program, using the results of the valuation study and his/her assessment of individual performance or other pertinent information, for the Committee's consideration. New Participants in Executive Compensation Program: With respect to compensation offers for individuals expected to participate in the executive compensation program, certain members of the Brown Health CEO's leadership team work with the Committee's independent compensation consultant or rely on information previously provided by the consultant to establish a range of reasonable cash compensation within which recruitment is expected to conclude with acceptance of a reasonable compensation offer. Form 990, Part VI, Section C, Line 19 BUH currently makes its annual and quarterly consolidated financial statements available to the public via DAC (Digital Assurance Certification, LLC), a disclosure dissemination agent for issuers of tax-exempt bonds which electronically posts and transmits BUH's financial information to repositories and investors alike. Copies of BHMG's Articles of Incorporation, Bylaws, and Conflict of Interest Policy are available upon request from the office of the BUH EVP/CFO, either in person or by mail. Form 990, Part VII, Section A, Line 1a Jessica Attar, MSN, Trustee, is the BHMG Supervisor of Advanced Practice Providers. The compensation reported in this return is earned in this role, to which she devotes 40+ hours per week. Julie Boergers, PhD, Trustee, is the Co-Director of the Pediatric Sleep Disorders Clinic at Hasbro Childrens, a divsion of Rhode Island Hospital. The compensation reported in this return is earned in this role, to which she devotes 40+ hours per week. Phyllis A. Dennery, M.D., former Trustee, is the Division Chief of Service of Pediatrics at Rhode Island Hospital (RIH) and Hasbro Children's, a division of RIH. The compensation reported in this return is earned in this role, to which she devotes 40+ hours per week. Curtis E. Doberstein, M.D., Trustee, is the Vice Chairman of BHMG's Department of Neurosurgery and the Program Director of BHMG's Neurosurgery Residency Program. The compensation reported in this return is earned in his role at BHMG, to which he devotes 40+ hours per week. Babar Khokhar, MD, serves as President of Brown Health Medical Group and Executive Vice President and Chief Physician Officer of Brown University Health. The compensation reported in this return is earned in this role, to which he devotes 40+ hours per week. Dr. Khokhar's compensation was paid by Brown Health during calendar year 2024. Paul Y. Liu, M.D., Trustee, is the Chairman of the Plastic Surgery Department at BHMG. The compensation reported in this return is earned in this role, to which he devotes 40+ hours per week. Peter K. Markell serves as EVP/CFO of Brown Health and Affiliates, devoting 40+ hours per week to the combined organizations. As part of his responsibilities, he provides financial oversight to all of Brown Health's affiliated organizations disclosed in schedule R. Mr. Markell's compensation was paid by Brown Health during calendar year 2024. Edward McGookin, MD, Trustee, is the Division Chief of BHMG Primary Care. As a full-time employee he devotes 40+ hours per week to the organization. His compensation is paid by BHMG Primary Care. Michael E. Migliori, M.D., Trustee, is the Division Chief of Ophthalmology at BHMG. The compensation reported in this return is earned in this role, to which he devotes 40+ hours per week. Margaret A. Miller, M.D., Vice Chair thru December 2024, was the Division Chief of Women's Services at BHMG. The compensation reported in this return is earned in this role, to which she devoted 40+ hours per week. Ashish Misri, M.D., Trustee, serves as Chief Medical Officer at Saint Anne's Hospital. The compensation reported in this return is earned in this role, to which he devotes 40+ hours per week. Jill A. O'Brien, M.D., Trustee, serves as Chief Medical Officer at Morton Hospital. The compensation reported in this return is earned in this role, to which she devotes 40+ hours per week. Gildasio S. Oliveira, Jr., M.D., Treasurer/Secretary, is the Division Chief of the Department of Anesthesiology at BHMG. The compensation reported in this return is earned in this role, to which he devotes 40+ hours per week. Adetokunbo Oyelese, M.D., Trustee, is a Neurosurgeon at BHMG. The compensation reported in this return is earned in this role, to which he devotes 40+ hours per week. Athena Poppas, M.D., former President of BHMG, also served as the Chief of Cardiology at BHMG and Director of the Brown Health Cardiovascular Institute. The compensation reported in this return is earned in these roles, to which she devoted 40+ hours per week. Henry T. Sachs III, M.D., Chairperson, is the President of Emma Pendleton Bradley Hospital, Lifespan School Solutions, Inc., Gateway Healthcare, Inc, as well as President & Treasurer of Bradley Hospital Foundation. As a full-time employee he devotes 40+ hours per week to these organizations. The compensation reported in this return was paid by Brown Health. Christoper Song, M.D., Trustee, is the Director of Cardiovascular Imaging at the Brown Health Cardiovascular Institute. The compensation reported in this return is earned in this role, to which he devotes 40+ hours per week. Timothy J. Babineau, MD, BHMG Chair through June 1, 2022, was the President & CEO of Brown Health as well as various other affiliates thru June 1, 2022. As a full-time employee he devoted 40+ hours per week to these organizations. His compensation was paid by Brown Health. Steven Lampert, M.D., served as President of BHMG through April 2023 and remained employed by the organization until January 2024. The compensation reported in this return was earned in this role. As a full-time BHMG employee he devoted 40+ hours per week to the organization. Form 990, Part XI, Line 9 Joint venture transfer: $67,824,788. Change in funded status of pension plan: $171,282. Form 990, Part XII, Line 2b While BHMG did not produce an audited financial statement as of and for the fiscal year ended September 30, 2025, it was included in Brown University Health's audited consolidated financial statements, in which one column is used for BHMG individually. There are no regulatory or creditor stipulations which require the preparation of a separate audited financial statement for BHMG. The Brown University Health Audit and Compliance Committee assumes responsibility for oversight of the audit of Brown University Health's consolidated financial statements and the selection of Brown University Health's independent accountant. Alternative Living Concepts Inc 15 LaSalle Square Providence RI 02903 050442015 Housing for Elderly and Mentally Ill RI 3 10 Gateway Healthcare Inc 0 Bayberry Courts Inc 15 LaSalle Square Providence RI 02903 204590384 Housing for Elderly and Mentally Ill RI 3 10 Gateway Healthcare Inc 0 Bradley Hospital Foundation 15 LaSalle Square Providence RI 02903 050500688 Philanthropic Activities RI 3 7 Brown University Health 0 Brown Health Medical Group of Massachusetts Inc 15 LaSalle Square Providence RI 02903 331237732 Physician Health Care Services MA 3 10 Brown University Health 0 Brown Health Medical Group Primary Care 15 LaSalle Square Providence RI 02903 844944884 Physician Health Care Services RI 3 10 Brown University Health 0 Brown University Health 15 LaSalle Square Providence RI 02903 222861978 Holding Company/Mgmnt Svcs RI 3 13 N/A 0 Brown University Health Foundation 15 LaSalle Square Providence RI 02903 050493219 Philanthropic Activities RI 3 7 Brown University Health 0 Brown University Health Massachusetts 15 LaSalle Square Providence RI 02903 043408517 Holding Company RI 3 13 Brown University Health 0 Capital City Community Centers Inc 15 LaSalle Square Providence RI 02903 050259090 Daycare Services RI 3 7 Gateway Healthcare Inc 0 Emma Pendleton Bradley Hospital 1011 Veterans Memorial Parkeay East Providence RI 02915 050258806 Pediatric Psychiatric Health Care Svcs. RI 3 3 Brown University Health 0 Families Reaching Into Each New Day Inc 15 LaSalle Square Providence RI 02903 050504841 Bereavement Services for Children RI 3 7 Gateway Healthcare Inc 0 Gateway Healthcare Inc 15 LaSalle Square Providence RI 02903 050309043 Subst. Abuse & Pysch. Health Care Svcs. 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