September 27, 2016 2:00 PM ET

Healthcare Providers and Services

Company Overview of Hill Physicians Medical Group, Inc.

Company Overview

Hill Physicians Medical Group, Inc. operates an independent practice association (IPA) which services patients enrolled in HMOs, Medicare Advantage Plans, and California's Medicaid program. The company offers its services through a network of primary care physicians, specialists, and other healthcare providers. It provides pain management, disease management, case management, health counseling, and online services. The company also offers health resources and alternative medicine programs, including acupuncture, hypnosis, biofeedback, nutrition, chiropractic, and massage therapy. It also provides wellness and health education programs. The company was founded in 1983 and is based in San Ramo...

2409 Camino Ramon

P.O. Box 5080

San Ramon, CA 94583-0980

United States

Founded in 1983

Phone:

925-820-8300

Fax:

925-820-8252

Key Executives for Hill Physicians Medical Group, Inc.

Chief Executive Officer and President
Age: 53
Chief Financial Officer
Chief Administrative Officer
Chief Legal Officer
Compensation as of Fiscal Year 2016.

Hill Physicians Medical Group, Inc. Key Developments

Hill Physicians Medical Group Reports Earnings Results for the Year 2015

Hill Physicians Medical Group reported earnings results for the year 2015. For the period, the company reported total revenue of $504 million, down slightly from prior year results of $512 million. Net income was $6.7 million, down from $13 million in 2014 due to declines in investment income and a planned increase in investments in its technology infrastructure.

Hill Physicians Medical Group Announces Executive Changes

Hill Physicians Medical Group announced that Darryl Cardoza is stepping down on March 31, 2015 as President and CEO. Chief Operating Officer David Joyner is replacing him.

Aetna, Hill Physicians Medical Group, Inc., Dignity Health Medical Foundation and Dignity Health hospitals Form Accountable Care Collaboration in Northern California

Aetna, Hill Physicians Medical Group, Inc., Dignity Health Medical Foundation and Dignity Health hospitals announced an accountable care collaboration and the introduction of the Aetna Whole Health(SM) product. The new product, designed for businesses with employees who reside in Sacramento, San Joaquin, and Yolo Counties, will be available starting in April 2015. An accountable care collaboration is a group of health care providers who assume responsibility for the quality and cost of care for a group of patients. Aetna members will receive an enhanced level of coordinated care in addition to the member benefits of their current Aetna plan. This new collaboration with Hill Physicians Inc. and Dignity Health will provide coordinated care for Aetna members through more than 280 primary care physicians, 837 specialists, 37 hospitals and 14 urgent care facilities. The accountable care collaboration gives employers better health care options for their employees, and will feature a new model of health care delivery designed to offer: Cost savings to employees who use providers in the accountable care network; A more coordinated, personalised experience for patients; and Better health care outcomes. The agreement features a new payment model to reward Hill Physicians and Dignity Health for meeting quality, efficiency and patient satisfaction measures, including: The percentage of Aetna members who get recommended preventive care and screenings; Better management of patients with chronic conditions, such as diabetes and heart failure; Reductions in avoidable hospital readmission rates; and Reductions in emergency room visits.

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Recent Private Companies Transactions

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