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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Health Care Banner Medical Group

Banner Medical Group

Fiscal year ending 2019. Filed on November 5, 2020.

2901 N Central Ave Suite 160
Ste 160
Phoenix, Arizona 85012

Banner Medical Group (EIN: 90-0532830) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2019 IRS Form 990 filing, Banner Medical Group, a 501(c)(3) charitable organization, reported compensation for 10 out of 2,885 total employees. Among the employees shown here, the average compensation is $1,587,213. The highest compensated employee at Banner Medical Group is David Bixby with fiscal year 2019 compensation of $8,103,076.

Revenue, expenses, and employee compensation

Revenue

$407,251,609

Expenses

$516,495,464

Employee compensation

$413,779,030
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

David Bixby
Secretary
$8,103,076
$0 $7,469,690 $633,386
Martin Benoit, M.D.
Physician
$1,349,431
$1,304,209 No related comp$45,222
Stuart Lacey, M.D.
Physician
$1,137,516
$1,097,938 No related comp$39,578
Joshua Tournas, M.D.
Physician
$1,096,233
$1,051,398 No related comp$44,835
Mohamed Teleb
Physician
$1,071,401
$1,029,743 No related comp$41,658
Randall Fortuna, M.D.
Physician
$1,055,043
$1,014,671 No related comp$40,372
Patrick Rankin
Chief Executive Officer and Director
$856,637
$681,934 No related comp$174,703
Dennis Bierle
Chief Operating Officer and Director
$568,306
$450,074 No related comp$118,232
Carol Karp
CFO BMG
$487,544
$445,187 No related comp$42,357
Elizabeth Avant
Assistant Secretary
$146,942
$0 $134,081 $12,861

Benchmark Employee Compensation

Non-Employee Board Members

No board members were reported during this fiscal year.

Contractors

Weatherby Locums Inc.
Medical Staffing
$2,548,740
Medicus Hospitalists West LLC
Medical
$1,174,114
Hayes Locum LLC
Medical Staffing
$621,577
Page Anesthesia Services PC
Medical
$456,500
A Professional Image Inc.
Telephone Answering
$454,005

Mission Statement

TO ASSIST BANNER HEALTH COMPLETE ITS MISSION, BANNER MEDICAL GROUP (BMG) WAS CREATED TO MAKE HEALTH CARE EASIER, SO LIFE CAN BE BETTER BY PROVIDING INTEGRATED & COORDINATED CARE & POPULATION HEALTH MANAGEMENT.

Revisions to this organization profile

November 7, 2025:
2024 Banner Medical Group 990 filed
November 5, 2024:
2023 Banner Medical Group 990 filed
November 8, 2023:
2022 Banner Medical Group 990 filed

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