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Healthfirst Phsp Inc

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

EIN: 133783732 ✦ New york, NY ✦ Designated as a 501(c)(3)

Overview

What is Healthfirst Phsp Inc?

Healthfirst Phsp Inc, based in New York City, is a licensed prepaid health services plan that offers comprehensive healthcare coverage to beneficiaries of government healthcare programs such as Medicaid, MLTC, Essential Plan, HARP, and Child Health Plus. Established in 1994, Healthfirst Phsp Inc has been an active participant in New York's Medicaid program and had approximately 1.4 million members enrolled in 2022. Their mission is to enhance the health and well-being of underserved populations by providing government-purchased prepaid healthcare coverage. Their activities aim to improve the overall health and well-being of their members through extensive healthcare coverage.


Is Healthfirst Phsp Inc legitimate?

Healthfirst Phsp Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Healthfirst Phsp 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.

Here 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


What is the mission statement of Healthfirst Phsp Inc?
Who is the CEO of Healthfirst Phsp Inc?
What is the revenue of Healthfirst Phsp Inc?
Who are the executives of Healthfirst Phsp Inc and what are their salaries?
Where can I find the form 990 for Healthfirst Phsp Inc?

Mission Statement of Healthfirst Phsp Inc

Healthfirst Phsp Inc, a licensed prepaid health services plan, is dedicated to enhancing the health and well-being of underserved populations. The organization provides comprehensive prepaid healthcare coverage to individuals enrolled in various government healthcare programs, including Medicaid, Managed Long Term Care (MLTC), Essential Plan, HARP, Qualified Health Plan, and Child Health Plus.

Since October 1994, Healthfirst Phsp Inc has been an active participant in New York's Medicaid program. In 2022, over 1.4 million members were enrolled in their Medicaid plan, demonstrating the vast reach and impact of the organization's mission. In simpler terms, Healthfirst Phsp Inc works to ensure that individuals covered under these programs have access to the healthcare services they need to live healthy lives. By providing this essential coverage, the organization is making a significant difference in the well-being of underserved communities.

Impact

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




Thursday, August 15, 2024

Healthfirst Phsp Inc's impact lies in its mission to improve the health and well-being of underserved populations by providing comprehensive prepaid healthcare coverage to individuals covered under various government health programs. By offering Medicaid managed care through its prepaid health services plan, Healthfirst Phsp Inc plays a crucial role in ensuring that over 1.4 million members in New York have access to essential healthcare services. Through its commitment to serving Medicaid, Managed Long Term Care (MLTC), Essential Plan, HARP, Qualified Health Plan, and Child Health Plus recipients, Healthfirst Phsp Inc significantly contributes to addressing healthcare disparities and promoting better health outcomes for vulnerable communities.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

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

  • Investment Income: $44,670,760
  • Program Service Revenue: $11,228,856,150
  • Gross Receipts: $12,364,114,621

    • Assets and Liabilities:
  • Total Assets: $3,335,789,304
  • Total Liabilities: $2,232,529,892
  • Net Assets: $1,103,259,412
  • Programs

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

    MEDICAID MANAGED CARE

    Revenue

    $7,879,137,969

    MLTC - DUAL ELIGIBLE

    Revenue

    $585,885,501

    EP ESSENTIAL PLAN

    Revenue

    $1,409,621,357

    HARP

    Revenue

    $930,573,237

    QUALIFIED HEALTH PLAN

    Revenue

    $220,789,610

    Organization Details

    Founding Year

    1994

    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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