Overview
What is Patient Access Network Foundation?
The Patient Access Network Foundation is a Washington, D.C.-based nonprofit organization dedicated to helping underinsured individuals with life-threatening, chronic, and rare diseases afford their necessary medications and treatments. With the support of donors, healthcare providers, and pharmacies across the United States, the foundation covers out-of-pocket costs like premiums, deductibles, co-payments, and coinsurance for thousands of patients, enabling them to access crucial treatments and improve their quality of life. In 2022, the organization assisted over 132,000 patients and paid more than 741,000 claims for their out-of-pocket medication costs. The Patient Access Network Foundation operates under an advisory opinion issued by the U.S. Department of Health and Human Services, Office of the Inspector General.
Official website here: www.panfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100%
The Patient Access Network Foundation (PAN Foundation) has received a perfect score from Charity Navigator, reflecting its outstanding performance in accountability and finance, impact and measurement, culture and community, and leadership adaptability. This exceptional rating indicates a strong commitment to transparency and effectiveness, demonstrating that the organization utilizes its resources efficiently to help patients afford essential medications.
User reviews highlight the significant difference PAN Foundation has made in the lives of those struggling with expensive medical treatments. Many clients express profound gratitude for the financial assistance they received, enabling them to access life-saving medications despite overwhelming costs. The foundation's support has been described as life-changing, providing peace of mind and a sense of security in the face of serious health challenges.
While the overwhelming majority of feedback is positive, there are a few users who express a need for help without having firsthand experience with the foundation. Overall, the PAN Foundation stands out for its compassionate service and effective programs, making it a vital resource for patients navigating the high costs of medications.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
What do the Facebook reviews say about Patient Access Network Foundation?
96% of 105 reviewers on Facebook recommend the Patient Access Network Foundation. Here is a summary of their reviews:
Many individuals appreciate the prompt and caring service provided by the foundation, noting that their experiences have been overwhelmingly positive. The efficiency in handling requests and providing assistance has been highlighted as a significant strength. Reviewers often express gratitude for the support they received during challenging times, emphasizing that the foundation makes a meaningful impact on their health-related needs.
Overall, it is clear that the foundation is making a positive impression on those it serves, as users feel supported, cared for, and appreciated. The testimonials largely reflect a deep satisfaction with the services and a strong endorsement of the nonprofit's mission.
This AI summary has been generated from reviews found on Facebook.
Is Patient Access Network Foundation legitimate?
Patient Access Network Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Patient Access Network Foundation 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: $1,552,172
Professional Fundraising Fees: $606,117
Other Salaries and Wages: $5,560,279
For more financial information, click here
Official website here: www.panfoundation.org
What is the mission statement of Patient Access Network Foundation?
The Patient Access Network Foundation is dedicated to helping underinsured individuals with life-threatening, chronic, and rare diseases afford the medications and treatments they need. Through advocacy and financial assistance, this organization bridges the gap for patients facing high out-of-pocket costs. With the support of generous donors and in collaboration with healthcare providers and pharmacies across the U.S., the Patient Access Network Foundation covers premiums, deductibles, co-payments, and coinsurance for thousands of underinsured patients. By doing so, these patients receive the necessary treatments to effectively manage their conditions and enhance their quality of life. In 2022, the foundation assisted 132,729 patients and paid over 741,000 claims for patients' out-of-pocket costs, contributing significantly to their wellbeing. The Patient Access Network Foundation operates under an advisory opinion issued by the U.S. Department of Health and Human Services, Office of the Inspector General (OIG Advisory Opinion 07-18).
Official website here: www.panfoundation.org
Who is the CEO of Patient Access Network Foundation?
Kevin Hagan is the Chair of Patient Access Network Foundation. The CEO's salary of Patient Access Network Foundation is $365,813 and their total compensation is $365,813.
Official website here: www.panfoundation.org
What is the revenue of Patient Access Network Foundation?
Patient Access Network Foundation's revenue in 2022 was $284,201,023.
Official website here: www.panfoundation.org
Who are the executives of Patient Access Network Foundation and what are their salaries?
The average compensation at Patient Access Network Foundation during 2022 was $35,741. There are 199 employees at Patient Access Network Foundation.
Here are 24 key members and their salaries (Patient Access Network Foundation's CEO's salary is $365,813 and their total compensation is $365,813):
- Compensation: $16,000
- Related: $0
- Other: $0
- Compensation: $10,000
- Related: $0
- Other: $0
- Compensation: $12,000
- Related: $0
- Other: $0
- Compensation: $8,000
- Related: $0
- Other: $0
- Compensation: $12,000
- Related: $0
- Other: $0
- Compensation: $12,000
- Related: $0
- Other: $0
- Compensation: $12,000
- Related: $0
- Other: $0
- Compensation: $12,000
- Related: $0
- Other: $0
- Compensation: $12,000
- Related: $0
- Other: $0
- Compensation: $12,000
- Related: $0
- Other: $0
- Compensation: $12,000
- Related: $0
- Other: $0
- Compensation: $12,000
- Related: $0
- Other: $0
- Compensation: $12,000
- Related: $0
- Other: $0
- Compensation: $8,000
- Related: $0
- Other: $0
- Compensation: $264,534
- Related: $0
- Other: $34,663
- Compensation: $465,826
- Related: $0
- Other: $37,343
- Compensation: $249,979
- Related: $0
- Other: $21,023
- Compensation: $303,583
- Related: $0
- Other: $13,222
- Compensation: $221,640
- Related: $0
- Other: $25,827
- Compensation: $295,259
- Related: $0
- Other: $11,230
- Compensation: $174,304
- Related: $0
- Other: $3,896
- Compensation: $234,394
- Related: $0
- Other: $33,894
- Compensation: $164,241
- Related: $0
- Other: $31,961
- Compensation: $365,813
- Related: $0
- Other: $0
Official website here: www.panfoundation.org
Where can I find the form 990 for Patient Access Network Foundation?
Patient Access Network Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.panfoundation.org
Learn more at the official website: www.panfoundation.org
Mission Statement of Patient Access Network Foundation
The Patient Access Network Foundation, or PAN Foundation, is a nonprofit organization dedicated to helping underinsured individuals with life-threatening, chronic, and rare diseases afford the necessary medications and treatments for their conditions. By covering out-of-pocket costs such as premiums, deductibles, co-payments, and coinsurance, PAN Foundation empowers thousands of patients to access the treatments they need, ultimately improving their quality of life.
In 2022 alone, the PAN Foundation provided assistance to 132,729 patients, settling over 741,000 claims related to their critical medications' out-of-pocket costs. This assistance ensured that patients could maintain their treatments, enabling them to manage their conditions more effectively. The organization operates under an advisory opinion issued by the U.S. Department of Health and Human Services, Office of the Inspector General (OIG Advisory Opinion 07-18).
The Patient Access Network Foundation is a beacon of hope for those facing financial barriers to crucial treatments. With the support of generous donors and collaborations with healthcare providers and pharmacies nationwide, PAN Foundation bridges the gap between the financial burden of treatments and the ability of underinsured patients to access the care they require. This commitment to improving access and affordability has led to the betterment of countless lives, ensuring that everyone, regardless of their financial situation, can receive the treatments they need to live their best possible life.
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Impact
October, 2024
The Patient Access Network Foundation significantly enhances the lives of underinsured individuals facing life-threatening, chronic, and rare diseases by alleviating their financial barriers to essential medications and treatments. By covering premiums, deductibles, co-payments, and coinsurance, PAN enables thousands of patients to access the necessary treatments that help them manage their conditions effectively.
In 2022 alone, the foundation assisted 132,729 patients, processing over 741,000 claims to pay for critical medications. This support not only improves patients' health outcomes but also enhances their overall quality of life. Furthermore, PAN advocates for improved access and affordability, working collaboratively with healthcare providers and pharmacies across the U.S. This comprehensive approach ensures that those in need receive the medical care essential for their health and well-being, fostering a vision of a society where all individuals can access necessary treatments without financial strain.
This information is meant to be a general summary of Patient Access Network Foundation. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $6,373,322
- Gross Receipts: $380,675,678
Assets and Liabilities:
- Total Assets: $405,191,661
- Total Liabilities: $137,766,552
- Net Assets: $267,425,109
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Organization Details
Founding Year
2004
Phone
(202) 347-9272Principal Officer
Kevin Hagan
Main Address
805 15TH STREET NW 500, WASHINGTON, DC, 20005
Website
www.panfoundation.orgNTEE Category
Code: E80 - Health
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