Civic Intelligence

Upmc Center for High-Value Healthcare

EIN 45-2178782 • 501(c)3 • Pittsburgh, PA

600 Grant Street 58th Flr Corp TaxPittsburgh, PA 15219

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

99th percentile

1.88x

Higher debt load relative to assets than 99% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

76th percentile

0.53x

Higher debt load relative to revenue than 76% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Net Margin

20th percentile

-9.8%

Higher net margin than 20% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

100th percentile

$5,751,064

Higher top officer pay than 100% of similar nonprofits.

Top officer pay equals 100.5% of source-year revenue.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Asset Growth

69th percentile

12%

Faster asset growth than 69% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

14th percentile

-21%

Faster revenue growth than 14% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Assets

Up

$1,615,969

Up $167,085 (+12%) from 2023

Liabilities

Up

$3,034,673

Up $729,400 (+32%) from 2023

Net Assets

Down

-$1,418,704

Down $562,315 (-66%) from 2023

Revenue

Down

$5,725,194

Down $1,498,443 (-21%) from 2023

Expenses

Down

$6,287,509

Down $728,286 (-10%) from 2023

Net Income

Down

-$562,315

Down $770,157 (-371%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$10M$5.0M$0-$5.0MAssets 2013: $1Liabilities 2013: $78,8922013Assets 2014: $497,511Liabilities 2014: $542,583Net Assets 2014: -$45,0722014Assets 2015: $355,166Liabilities 2015: $735,847Net Assets 2015: -$380,6812015Assets 2016: $555,765Liabilities 2016: $1,905,591Net Assets 2016: -$1,349,8262016Assets 2017: $663,809Liabilities 2017: $3,038,176Net Assets 2017: -$2,374,3672017Assets 2018: $588,623Liabilities 2018: $4,359,154Net Assets 2018: -$3,770,5312018Assets 2019: $576,170Liabilities 2019: $4,364,726Net Assets 2019: -$3,788,5562019Assets 2020: $1,976,244Liabilities 2020: $5,308,705Net Assets 2020: -$3,332,4612020Assets 2021: $1,619,225Liabilities 2021: $3,977,517Net Assets 2021: -$2,358,2922021Assets 2022: $2,106,461Liabilities 2022: $3,163,383Net Assets 2022: -$1,056,9222022Assets 2023: $1,448,884Liabilities 2023: $2,305,273Net Assets 2023: -$856,3892023Assets 2024: $1,615,969Liabilities 2024: $3,034,673Net Assets 2024: -$1,418,7042024

Highlighted filing

2024

Assets$1,615,969
Liabilities$3,034,673
Net Assets-$1,418,704

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$10M$5.0M$0-$5.0MRevenue 2013: $0Expenses 2013: $31,559Net Income 2013: -$31,5592013Revenue 2014: $751,672Expenses 2014: $717,852Net Income 2014: $33,8202014Revenue 2015: $1,375,898Expenses 2015: $1,711,507Net Income 2015: -$335,6092015Revenue 2016: $1,358,423Expenses 2016: $2,340,721Net Income 2016: -$982,2982016Revenue 2017: $724,659Expenses 2017: $1,814,663Net Income 2017: -$1,090,0042017Revenue 2018: $272,541Expenses 2018: $1,605,219Net Income 2018: -$1,332,6782018Revenue 2019: $4,983,610Expenses 2019: $5,001,645Net Income 2019: -$18,0352019Revenue 2020: $5,862,675Expenses 2020: $5,391,442Net Income 2020: $471,2332020Revenue 2021: $6,257,119Expenses 2021: $5,392,949Net Income 2021: $864,1702021Revenue 2022: $8,210,615Expenses 2022: $6,806,554Net Income 2022: $1,404,0612022Revenue 2023: $7,223,637Expenses 2023: $7,015,795Net Income 2023: $207,8422023Revenue 2024: $5,725,194Expenses 2024: $6,287,509Net Income 2024: -$562,3152024

Highlighted filing

2024

Revenue$5,725,194
Expenses$6,287,509
Net Income-$562,315

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Apr 15, 2025
Return Version
2023v6.0
Gross Receipts
$5,725,194
Mission and Program Overview

Mission

See Schedule O

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$1,226,086$1,410,326▲ $184,240
Land, Buildings, and Equipment, Net$221,688$204,533▼ $17,155
Prepaid Expenses and Deferred Charges$1,110$1,110→ $0
Cash and Non-Interest-Bearing Accounts$0$0→ $0
Savings and Temporary Cash Investments$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$1,448,884$1,615,969▲ $167,085
Other Assets Total$0$0→ $0
Liabilities
Other Liabilities$2,221,525$2,604,297▲ $382,772
Deferred Revenue$119,851$478,160▲ $358,309
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Accounts Payable and Accrued Expenses$-36,103$-47,784▼ $11,681
Total Liabilities$2,305,273$3,034,673▲ $729,400
Net Assets / Fund Balance
Net Assets With Donor Restrictions$0$0→ $0
Net Assets Without Donor Restrictions$-856,389$-1,418,704▼ $562,315
Total Net Assets Fund Balance$-856,389$-1,418,704▼ $562,315
Total Liabilities and Net Assets / Fund Balance$1,448,884$1,615,969▲ $167,085

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$204,533$-36,055$240,588
Compensation and Service Providers

Employees

NameTitleBaseOtherTotal
Diane HolderBoard Pres. & Chair.$260,124$207,900$468,024
Sheryl Kashuba EsqBoard Secretary$247,352$113,593$360,945
James Schuster MdBoard Member$157,405$51,143$208,548
Derek Angus MdBoard Member$181,518$25,434$206,952
Gordon GebbensBoard Treasurer$147,735$50,046$197,781
Loren Roth Md MphBoard Member-$59,136$59,136

Board Members and Trustees

NameTitle
Amy SeybertBoard Member
Erin DaltonBoard Member
Hyagriv Simham MdBoard Member
Maureen LichtveldBoard Member
Judith ResickSenior Director, Ext Comm
Cara NikolajskiSr Director, HVHC
Jane KoganAssoc Chief Rsrch/trans Offcr
Donna KeyserChief Rsrch&transition Officer
Qingfend LiangSr Prg Admin, Grants&Contracts
Revenue and Support

Revenue Composition

Contributions and Grants
$5,037,737
Program Service Revenue
$687,457
Investment Income
$0
Other Revenue
$0
All Other Contributions
$3,765,743
Change in Net Assets
$-562,315
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$5,692,527
Other Expenses$594,982
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$4,571,887--$4,571,887
Other Employee Benefits$818,562--$818,562
Payroll Taxes$302,078--$302,078
Depreciation Depletion$17,155--$17,155
Other Expenses$-18,566--$-18,566
Total Functional Expenses$6,287,509$0$0$6,287,509
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Exempt Affiliate$2,604,297
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Part VI Governance, Management, and Disclosure

Section A: Governing Body and Management Question 2: Multiple UPMC Officers, Directors, and/or Key Employees have business relationships by virtue of the fact that they are also Officers, Directors, and/or Key Employees of UPMC subsidiaries and affiliates, which are not separately disclosed below. QUESTION 6: UPMC CENTER FOR HIGH-VALUE HEALTHCARE HAS ONE SOLE MEMBER, THE EXEMPT ENTITY UPMC.

Part VI Governance, Management, and Disclosure

Question 7A: The parent entity of UPMC Center for High-Value Healthcare, UPMC, has the ability to appoint board members to UPMC Center for High-Value Healthcare, Inc. as stipulated in the by-laws of UPMC Center for High-Value Healthcare.

Part VI Governance, Management, and Disclosure

Question 11: A full copy of the form 990 is provided to each board of directors member prior to filing. Question 12c: UPMC requires all of its key employees and non-employed personnel to comply with its conflict of interest policies when they engage in UPMC-related business. People covered by the policies include:-UPMC entity board members, board committee members, and corporate officers -UPMC physicians and non-physician employees who hold a position of influence -Non-employed members of the UPMC medical staff who hold a position of influence of trust -Individuals conducting clinical research at UPMC, whether or not they are employed by UPMC These people are required to complete a questionnaire at least annually. An electronic form has been developed to capture the data from the questionnaire and to monitor completion. The information, along with other data, is used to capture individual and institutional relationships so that potential conflicts of interest can be identified. If a potential conflict is identified regarding a specific UPMC activity the corporate compliance department, with the assistance of the legal department, evaluate the activity in relation to the potential conflict. If a perceived or actual conflict is determined to exist and a decision is made to proceed with the activity, a written plan designed to prevent the conflict from influencing decisions related to the activity is developed. The process is ultimately overseen by a conflict of interest committee of the UPMC board of directors on behalf of all UPMC subsidiaries, including UPMC Center for High-Value Healthcare. Question 15a and b: UPMC Center for High-Value Healthcare pays no compensation to any officer, director or key-employee. All reported compensation is from a related entity.

Filing and Contact Details

Filer

Filer Name
UPMC Center for High-Value Healthcare
EIN
45-2178782
In Care Of
% GORDON GEBBENS
Phone
4126472345
Address
600 GRANT STREET 58TH FLR CORP TAX, Pittsburgh, PA 15219

Signing Officer

Name
Gordon Gebbens
Title
CFO
Phone
4124547640
Signed
2025-04-15

Organization Details

Principal Officer
Gordon Gebbens
Formed
2011
Legal Domicile
Pa
Voting Board Members
8
Independent Board Members
4
Employees
36
Supplemental Narrative

Additional Explanations

Part III Statement of Program Service Accomplishments

Upmc center for high-value health care ein: 45-2178782 fiscal year ending june 30, 2024 form 990, part iii, statement of program service accomplishments upmc center for high-value health care (the center) was formed on may 4, 2011, as a pennsylvania non-stock, nonprofit membership corporation. The center's sole member is upmc, an organization that is recognized as exempt from federal income tax under section 501(a) as an organization described in section 501(c)(3) and as a supporting organization described in section 509(a)(3). Upmc is the parent organization of a large academic medical center system based in pittsburgh, pennsylvania with health care facilities and operations located in the united states and around the world. As stated in its articles of incorporation, the center is organized exclusively for religious, charitable, scientific, and educational purposes within the meaning of section 501(c)(3). The center's mission is to advance us health care policy and practice through the development and dissemination of innovative service delivery and payment models that support value-driven health care. The center aims to improve outcomes by facilitating more coordinated care, lower costs by aligning incentives across the payer-provider system and enhance patient experience by engaging patients in their care. The vision is to establish the upmc integrated health enterprise as a valued partner in national, state, and local efforts to improve health care quality and efficiency as well as the overall health of the population. The center supports rapid cycle learning, conducts research, publishes findings, and presents at national conferences on topics related to improving the effectiveness and efficiency of health care service delivery, innovation in payment models, and establishing effective public policy. In doing so, the center seeks to not only advance u.s. Health care policy, but to advance the charitable missions of the center's tax-exempt affiliates and other unrelated tax-exempt organizations, and to inform and educate the health care provider and payment community and the general public about health care payment and delivery topics. To that end, the center's work is directed at collaborative efforts to reduce costs, achieve better health outcomes, and improve patient satisfaction with a particular focus on reducing disparities in care and improving the health of our most vulnerable populations. Integrated physical-behavioral health care, value-based pharmacy, technology-supported innovations, and social determinants of health are also a focus. The center's rapid cycle learning activities and research studies include novel concepts as well as improvements to existing ideas. Work is conducted and led by principals and co-investigators who are experts in their fields. These personnel include phds, health economists, faculty, and adjunct faculty (including scientists and academic researchers) from the university of pittsburgh schools of the health sciences, health care practice and policy experts from upmc and the university of pittsburgh, physical and behavioral health practitioners, and key stakeholders such as patients, community groups, and government agencies. Furthermore, as collaborative partnerships develop, the center works with other research organizations and nationally known leaders and researchers in health care service delivery, payment reform, and policy development. The center makes information related to its research studies and projects available to the general public by publishing such information in peer reviewed journals, by presenting at stakeholder conferences, by creating and participating in collaborative learning opportunities with other organizations, and by producing perspectives and toolkits that share strategies and lessons learned in lay terms for the benefit of all interested parties via various social media outlets. In addition, the center's website contains links to reports, data, and other

Part XII Financial Statements and Reporting

Question 2b : the organization's financial statements are part of a consolidated financial statement audit performed by ey for upmc and all subsidiaries. The entire system's financial statements, of which this organizations is part of, are posted on the upmc website. (www.upmc.com) the financial statement audit during the 990 filing period is for the calendar year ended december 31,2023. Question 2c: upmc has an audit committee that is established to assist the board of directors in fulfilling its oversight responsibilities by monitoring upmc consolidated financial reports and other financial information provided by upmc to governmental bodies, the public or other external entities.the upmc's system of internal controls regarding finance, accounting,legal compliance and ethics that management and the board have established and upmc's internal auditing, accounting and financial reporting processes also provided oversight.

Financial Statement Notes

PART X, LINE 2:

Upmc has no uncertain tax positions recorded. Tax benefits are recognized when it is more likely than not that a tax position will be sustained upon examination by the tax authorities based on the technical merits of the position. Such tax positions are measured as the largest amount of tax benefit that is greater than 50% likely to be realized upon ultimate settlement with the tax authorities assuming full knowledge of the position and all relevant facts. As of june 30, 2023, upmc does not have any unrecorded tax benefits. An external audit is completed at a consolidated upmc system level only, including upmc and all taxable and tax-exempt subsidiaries.

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