Healthfirst Health Plan Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 113029569 ✦ New york, NY ✦ Designated as a 501(c)(4)

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Overview

What is Healthfirst Health Plan Inc?

Healthfirst Health Plan Inc, a New York-based nonprofit organization, is incorporated under the not-for-profit law of the State of New York and licensed as a Health Maintenance Organization. With a mission to improve the health and well-being of underserved populations, they provide access to affordable, quality healthcare services to eligible Medicare, Complete Care, FIDA, and commercial insurance recipients. Incorporated in 1985, they serve over 248,000 members, catering to the needs of indigent, aged, disabled, and medically underserved individuals. Through their network of participating providers and hospitals, they offer comprehensive healthcare plans that prioritize the well-being of their members.


Official website here: www.healthfirst.org

Is Healthfirst Health Plan Inc legitimate?

Healthfirst Health Plan Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Healthfirst Health Plan Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.healthfirst.org

What is the mission statement of Healthfirst Health Plan Inc?

Healthfirst Health Plan Inc is dedicated to enhancing the health and well-being of underserved populations by offering affordable and high-quality health plans to eligible Medicare, Complete Care, FIDA, and commercial insurance recipients. The organization, incorporated under New York state's not-for-profit law and licensed as a health maintenance organization, strives to provide access to essential healthcare services through its network of participating providers and hospitals. In 2022, Healthfirst served over a quarter of a million Medicare members, catering to the needs of indigent, aged, disabled, and medically underserved individuals. By offering affordable, quality care, Healthfirst aims to make a positive impact on the health and lives of those it serves.


Official website here: www.healthfirst.org

Who is the CEO of Healthfirst Health Plan Inc?

Patricia J Wang is the President And Ceo of Healthfirst Health Plan Inc. The CEO's salary of Healthfirst Health Plan Inc is $0 and their total compensation is $4,584,870.


Official website here: www.healthfirst.org

What is the revenue of Healthfirst Health Plan Inc?

Healthfirst Health Plan Inc's revenue in 2022 was $4,891,129,866.


Official website here: www.healthfirst.org

Who are the executives of Healthfirst Health Plan Inc and what are their salaries?


Here are 14 key members and their salaries (Healthfirst Health Plan Inc's CEO's salary is $0 and their total compensation is $4,584,870):


Patricia J Wang (President And Ceo)
  • Compensation: $0
  • Related: $4,075,010
  • Other: $509,860
Steven H Black (Chief Operating Officer)
  • Compensation: $0
  • Related: $2,212,246
  • Other: $20,412
John J Bermel (Chief Financial Officer)
  • Compensation: $0
  • Related: $1,888,149
  • Other: $35,336
Gerald T Sweeney (Svp Chief Information Officer)
  • Compensation: $0
  • Related: $1,601,680
  • Other: $176,764
Sean Kane (Chief Hr Officer)
  • Compensation: $0
  • Related: $1,323,066
  • Other: $157,892
Jay A Schechtman (Chief Medical Officer)
  • Compensation: $0
  • Related: $1,301,217
  • Other: $149,783
Linda Tiano (Chief Legal Officer/Secretary)
  • Compensation: $0
  • Related: $1,299,672
  • Other: $138,813
Barbara Montresor (Svp Comm And Marketing)
  • Compensation: $0
  • Related: $1,006,154
  • Other: $119,759
Sheryl Markowitz (Svp Clinical Operations)
  • Compensation: $0
  • Related: $1,031,129
  • Other: $93,889
Errol Pierre (Svp State Programs)
  • Compensation: $0
  • Related: $934,203
  • Other: $109,817
Karen Weinseiss (Svp Operations)
  • Compensation: $0
  • Related: $883,025
  • Other: $128,784
Robert P Blanchard (Treasurer)
  • Compensation: $0
  • Related: $322,883
  • Other: $44,324
Stephen Rosenthal (Board Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Evangelista (Board Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.healthfirst.org

Where can I find the form 990 for Healthfirst Health Plan Inc?

Healthfirst Health Plan Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.healthfirst.org

Learn more at the official website: www.healthfirst.org

Mission Statement of Healthfirst Health Plan Inc

Healthfirst Health Plan Inc, a New York-based not-for-profit organization, is dedicated to enhancing the health and well-being of underserved populations by offering affordable quality health plans to eligible Medicare, Complete Care, FIDA, and commercial insurance recipients. Through its extensive network of participating providers and hospitals, this health maintenance organization grants access to essential healthcare services for the indigent, aged, disabled, and medically underserved members of the community.

In 2022, Healthfirst Health Plan Inc served approximately 248,056 Medicare members, demonstrating its commitment to ensuring affordable and effective healthcare for a diverse and vulnerable population. The organization, licensed under Article 44 of the Public Health Law of New York State, operates as a beacon of hope for those who require comprehensive healthcare services often overlooked by traditional insurance providers. By providing access to essential medical care, Healthfirst Health Plan Inc plays a crucial role in improving the overall health and well-being of the communities it serves.

Healthfirst Health Plan Inc's mission is two-fold. First and foremost, it aims to provide affordable healthcare services to underserved populations to bridge the gap in access to quality care. Secondly, by catering to the needs of Medicare, Complete Care, FIDA, and commercial insurance recipients, Healthfirst Health Plan Inc strives to ensure that all eligible individuals receive the care they deserve, regardless of their financial circumstances. Through its unwavering commitment to affordability, quality, and inclusivity, Healthfirst Health Plan Inc is making a significant impact on the lives of countless individuals.

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Impact




October, 2024

Healthfirst Health Plan Inc significantly contributes to the health and well-being of underserved populations by offering affordable and quality health plans tailored for eligible recipients, including those enrolled in Medicare, Complete Care, FIDA, and commercial insurance. By providing access to a comprehensive network of participating providers and hospitals, Healthfirst aims to improve healthcare access for individuals who are often marginalized, such as the indigent, aged, disabled, or medically underserved.

In 2022, Healthfirst served a substantial demographic, with over 248,000 members relying on its Medicare Advantage plans. This impact extends beyond just the provision of health insurance; it encompasses enhancing the overall quality of care and ensuring that vulnerable populations receive the medical attention they require. The organization plays a critical role in reducing health disparities and fostering better health outcomes within New York's diverse communities. Through its focused mission, Healthfirst actively works to construct a more equitable healthcare landscape, ultimately striving to uplift the health status of those who need it most.




This information is meant to be a general summary of Healthfirst Health Plan Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$4,891,129,866 (2022)
Expenses
$4,868,861,042 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $20,287,312
  • Program Service Revenue: $4,870,842,554
  • Gross Receipts: $5,393,615,089

Assets and Liabilities:

  • Total Assets: $1,573,245,747
  • Total Liabilities: $986,154,768
  • Net Assets: $587,090,979

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

MEDICARE (INCLUDES PART D)

Revenue

$2,958,099,455

COMPLETECARE (INCLUDES PART D)

Revenue

$1,909,569,411

FIDA

Revenue

$3,173,688

Organization Details

Founding Year

1990

Principal Officer

Patricia J Wang

Main Address

100 CHURCH ST FL 18, New York, NY, 100072601

NTEE Category

Code: E83 - Health

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