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Ascension Care Management Insurance Holdings

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

EIN: 461121862 ✦ St louis, MO ✦ Designated as a 501(c)(3)

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Overview

What is Ascension Care Management Insurance Holdings?

Ascension Care Management Insurance Holdings is a Catholic health ministry based in St. Louis, Missouri. The organization, which was formed by religious communities and health ministries, focuses on improving the health of individuals and communities by creating customized healthcare solutions for health systems, payers, and employers. Operating in eight states, Ascension Care Management Insurance Holdings aims to stabilize costs, improve outcomes, and enhance the experience for both providers and individuals. Their mission is rooted in the Catholic tradition of spiritually-centered, holistic care, working with affiliates to address the healthcare needs of large populations. With a team of 82 employees, the organization's seamless healthcare experience removes complexity from the delivery of healthcare.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 79% (Three-Star out of Four Star rating)

Ascension Care Management Insurance Holdings has received a 79% rating from Charity Navigator, indicating a solid performance in terms of accountability and financial health. The organization demonstrates strong practices, with perfect scores in various oversight areas, such as its audit and oversight committee, material diversion of assets, conflict of interest policy, and whistleblower policy. These aspects highlight the organization's commitment to transparency and ethical management.

The organization shows a commendable program expense ratio of nearly 90%, suggesting that a significant majority of its resources are allocated directly to its programs rather than administrative costs. Such figures reflect a focus on delivering impact through its services, which is an important consideration for potential donors and stakeholders. The low liabilities to assets ratio also suggests a stable financial position, which is a positive indicator of long-term viability.

While the overall rating is promising, there are always opportunities for improvement. The organization might benefit from further enhancing its public engagement and communication of impact to strengthen donor trust and support. Overall, Ascension Care Management Insurance Holdings appears to be a responsible choice for those looking to support healthcare-related initiatives.


This AI summary has been generated from information found on Charity Navigator.

Is Ascension Care Management Insurance Holdings legitimate?

Ascension Care Management Insurance Holdings is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ascension Care Management Insurance Holdings 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

What is the mission statement of Ascension Care Management Insurance Holdings?

Ascension Care Management Insurance Holdings is a health ministry committed to enhancing the health of individuals and communities, grounded in the Catholic tradition of spiritually-centered, holistic care. The organization collaborates with affiliated groups to address the healthcare needs of large populations, upholding their missions of compassionate care that sustains and improves overall health. Operating in various states, Ascension Care Management Insurance Holdings creates customized healthcare solutions for health systems, payers, and employers. Their services aim to stabilize costs, enhance outcomes, and streamline the experience for both providers and individuals. By improving access to healthcare and simplifying its delivery, Ascension Care Management Insurance Holdings strives to create a seamless healthcare experience for all involved parties.

Who is the CEO of Ascension Care Management Insurance Holdings?

Unavailable The CEO's salary of Ascension Care Management Insurance Holdings is $0 and their total compensation is $1,151,849.

What is the revenue of Ascension Care Management Insurance Holdings?

Ascension Care Management Insurance Holdings's revenue in 2022 was $73,193,102.

Who are the executives of Ascension Care Management Insurance Holdings and what are their salaries?

There are 82 employees at Ascension Care Management Insurance Holdings.


Here are 18 key members and their salaries (Ascension Care Management Insurance Holdings's CEO's salary is $0 and their total compensation is $1,151,849):


Hollis Dorsey Meidl (President (Start 11/2022))
  • Compensation: $0
  • Related: $830,443
  • Other: $31,047
Mary A Madick (Director (End 11/2022)/Secretary)
  • Compensation: $0
  • Related: $843,485
  • Other: $38,768
Tim Moorhead (President & Ceo (End 11/2022))
  • Compensation: $0
  • Related: $1,117,817
  • Other: $34,032
Christine K Mccoy Jd (Director (Start 9/2022))
  • Compensation: $0
  • Related: $2,687,024
  • Other: $528,615
Jonathan Sohn (Director (Start 11/2022))
  • Compensation: $0
  • Related: $1,289,649
  • Other: $54,290
Joseph G Cacchione Md Facc (Director (End 8/2022))
  • Compensation: $0
  • Related: $3,809,601
  • Other: $47,680
Mark Whalen (Director (End 11/2022))
  • Compensation: $0
  • Related: $1,259,906
  • Other: $37,530
Michael A Mccollom (Director (End 11/2022))
  • Compensation: $0
  • Related: $198,383
  • Other: $32,131
Elizabeth C Foshage Cpa (Treasurer)
  • Compensation: $0
  • Related: $3,923,793
  • Other: $57,928
Adolfo Miguel Valadez (Vp, Insurance Services)
  • Compensation: $238,640
  • Related: $0
  • Other: $29,725
Kristen Cover (Associate Vp, Business Development)
  • Compensation: $305,093
  • Related: $91,216
  • Other: $42,356
Marinan R Williams (Vp, Insurance Services)
  • Compensation: $578,207
  • Related: $103,715
  • Other: $38,037
Sara Jane Daugherty (Senior Director, Business Development)
  • Compensation: $202,920
  • Related: $0
  • Other: $11,963
Tammy R Killebrew (Rn/Senior Director, Utilization Management)
  • Compensation: $204,721
  • Related: $0
  • Other: $23,371
Anthony J Speranzo (Former Officer (End 6/2018))
  • Compensation: $0
  • Related: $3,241,817
  • Other: $54,685
Joseph R Impicciche Jd Mha (Former Officer (End 12/2019))
  • Compensation: $0
  • Related: $9,057,632
  • Other: $61,076
Matthew A Jagger (Former Officer (End 12/2019))
  • Compensation: $0
  • Related: $697,286
  • Other: $56,863
Paul Joseph Posey Jr (Former Officer (End 6/2018))
  • Compensation: $0
  • Related: $804,957
  • Other: $0
Where can I find the form 990 for Ascension Care Management Insurance Holdings?

Ascension Care Management Insurance Holdings's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Ascension Care Management Insurance Holdings

Ascension Care Management Insurance Holdings, a Catholic health ministry, is committed to enhancing the health and well-being of individuals and communities. Adhering to the spiritual traditions of the Catholic faith, this organization focuses on providing holistic care that addresses the mind, body, and spirit.

Drawing inspiration from the charitable missions of the religious communities that formed Ascension Care Management Insurance Holdings, the organization is dedicated to furthering these values through its healthcare solutions. It operates in various states and crafts customized healthcare plans for health systems, payers, and employers. These tailored plans aim to reduce costs, enhance outcomes, and elevate the healthcare experience for both providers and individuals.

Ascension Care Management Insurance Holdings strives to simplify the healthcare delivery process and improve access to care. It does this by removing complexities and creating a seamless healthcare experience for providers, payers, and healthcare leaders. By focusing on spiritual care and holistic health, the organization continues to make a positive impact on the lives of individuals and communities.

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Impact




October, 2024

Ascension Care Management Insurance Holdings significantly impacts healthcare delivery by creating customized solutions that focus on stabilizing costs and improving outcomes for individuals and communities. Operating in eight states, the organization enhances the healthcare experience by striving to eliminate complexity in service delivery. Their approach is rooted in holistic, spiritually-centered care, reflecting their commitment to the Catholic tradition.

By collaborating with health systems, payers, and employers, Ascension Care Management Insurance Holdings aims to improve access to essential services while ensuring that quality care is both attainable and efficient. This not only benefits individual patients but also supports broader community health initiatives, addressing the needs of large populations and contributing to the overall well-being of the communities they serve. Their focus on sustainable health solutions underscores their role as a leader in the healthcare sector, advocating for a comprehensive approach to health management that is responsive to the evolving landscape of healthcare needs.




This information is meant to be a general summary of Ascension Care Management Insurance Holdings. 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
$73,193,102 (2022)
Expenses
$15,610,042 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $57,462,684
  • Program Service Revenue: $15,730,418
  • Gross Receipts: $73,193,102

Assets and Liabilities:

  • Total Assets: $308,454,008
  • Total Liabilities: $1,593,208
  • Net Assets: $306,860,800

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Programs

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

SERVICE FEES

Revenue

$15,730,418

Organization Details

Founding Year

2012

Main Address

C/O TAX DEPARTMENT PO BOX 45998, ST LOUIS, MO, 631455998

NTEE Category

Code: E12 - Health

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