Overview
What is Patient Advocate Foundation?
The Patient Advocate Foundation (PAF) is a national nonprofit organization based in Hampton, Virginia. Established in 2004, PAF offers professional case management and financial aid assistance to Americans dealing with chronic, life-threatening, and debilitating illnesses. With a team of dedicated case managers, PAF acts as a liaison between patients, their insurers, employers, and creditors to resolve insurance, job retention, and debt crisis matters related to their diagnosis. In FY2022/2023, PAF administered co-payment assistance to 78,584 qualified patients through 52 assistance funds and handled 185,747 telephone calls. The organization has provided financial relief to over 678,000 individuals, allocating nearly $2.2 billion dollars in co-payment awards since its inception. Additionally, PAF offers a suite of sixteen financial aid funds, providing financial assistance for non-medical expenses like transportation, lodging, nutrition, and childcare.
Official website here: www.patientadvocate.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100%
Patient Advocate Foundation (PAF) has achieved a remarkable 100% rating from Charity Navigator, highlighting its strong performance in accountability, finance, impact measurement, leadership, and adaptability. This stellar rating indicates that PAF operates with a high level of transparency and efficiency, making it a trustworthy organization for potential donors and beneficiaries alike. The organization boasts an independent board of 16 members and has established comprehensive policies for conflict of interest, whistleblower protection, and document retention, which all contribute to its excellent governance.
User reviews consistently praise PAF for its compassionate and effective support during times of medical hardship. Clients express deep gratitude for the assistance they received with navigating insurance complexities and securing financial aid for their medical treatments. Many testimonials highlight the personal touch offered by case managers, who are described as empathetic and dedicated, providing much-needed relief and advocacy for patients facing challenging health situations.
While the feedback is overwhelmingly positive, there are occasional mentions of the organization being an overlooked resource, suggesting that awareness of PAF's services could be enhanced. Nonetheless, the overall sentiment reflects a strong appreciation for PAF's role in empowering patients and alleviating the burdens associated with healthcare navigation, reinforcing its reputation as an essential safety net for those in need.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Patient Advocate Foundation legitimate?
Patient Advocate Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Patient Advocate 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: $940,523
Professional Fundraising Fees: $0
Other Salaries and Wages: $15,082,916
For more financial information, click here
Official website here: www.patientadvocate.org
What is the mission statement of Patient Advocate Foundation?
The Patient Advocate Foundation is a national non-profit organization that offers professional case management and financial aid assistance to individuals in the US dealing with chronic, life-threatening, or debilitating illnesses. The foundation's case managers serve as intermediaries between patients, insurers, employers, and creditors to help resolve insurance, job retention, and debt crisis issues related to their diagnosis. The Patient Advocate Foundation strives to protect patients by ensuring access to necessary care, preserving employment, and maintaining their financial stability through efficient mediation.
Official website here: www.patientadvocate.org
Who is the CEO of Patient Advocate Foundation?
Alan J Balch is the Finance Committee Chair of Patient Advocate Foundation. The CEO's salary of Patient Advocate Foundation is $306,099 and their total compensation is $444,092.
Official website here: www.patientadvocate.org
What is the revenue of Patient Advocate Foundation?
Patient Advocate Foundation's revenue in 2023 was $276,274,188.
Official website here: www.patientadvocate.org
Who are the executives of Patient Advocate Foundation and what are their salaries?
The average compensation at Patient Advocate Foundation during 2023 was $52,364. There are 306 employees at Patient Advocate Foundation.
Here are 25 key members and their salaries (Patient Advocate Foundation's CEO's salary is $306,099 and their total compensation is $444,092):
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- Compensation: $306,099
- Related: $125,000
- Other: $12,993
- Compensation: $259,026
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- Compensation: $179,027
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- Other: $24,330
- Compensation: $184,335
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- Other: $8,478
Official website here: www.patientadvocate.org
Where can I find the form 990 for Patient Advocate Foundation?
Patient Advocate Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.patientadvocate.org
Learn more at the official website: www.patientadvocate.org
Mission Statement of Patient Advocate Foundation
Patient Advocate Foundation (PAF), a national 501 (C)(3) non-profit organization, dedicates its efforts to supporting Americans grappling with chronic, life-threatening, and debilitating illnesses. PAF's mission is twofold: it offers professional case management services and provides financial aid assistance.
The organization's case managers act as intermediaries, bridging the gap between patients and their insurers, employers, and creditors. By effectively mediating insurance, job retention, and debt crisis matters related to their diagnosis, PAF ensures that patients maintain access to care, employment, and financial stability.
Patient Advocate Foundation's primary objective is to safeguard patients. It achieves this goal by providing case management services that not only address the complexities of healthcare systems and insurance policies but also help patients navigate the often overwhelming financial burdens that come with serious illnesses. By effectively advocating on behalf of patients, PAF empowers them to focus on their health and recovery, rather than the logistical challenges that can accompany a life-altering diagnosis.
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Impact
October, 2024
The Patient Advocate Foundation (PAF) makes a significant impact by providing essential case management and financial aid assistance to individuals facing chronic, life-threatening, and debilitating illnesses. By acting as liaisons between patients and their insurers, employers, and creditors, PAF addresses critical issues related to insurance access, job retention, and financial stability, helping patients navigate the complex healthcare landscape.
In fiscal year 2022/2023 alone, PAF's Co-Pay Relief Program supported 78,584 patients, facilitating over $306 million in out-of-pocket expenses for necessary medications. This program has evolved to include new health equity funds targeting vulnerable communities, assisting patients in 220 counties identified as having the highest social vulnerability. By establishing these funds, PAF emphasizes its commitment to addressing disparities in healthcare access and supporting those most in need.
Additionally, PAF administers small grants tailored to cover non-medical expenses that arise during the treatment of chronic or critical diseases. In the last fiscal year, the foundation provided one-time grants totaling over $2.2 million to assist individuals with transportation, lodging, nutritional needs, and more. This comprehensive approach ensures that patients receive holistic support that transcends direct medical assistance, fostering better health outcomes and quality of life for those grappling with serious health challenges.
Overall, the Patient Advocate Foundation plays a crucial role in safeguarding patient wellbeing, enhancing access to care, and advocating for financial relief during some of the most challenging times in patients' lives.
This information is meant to be a general summary of Patient Advocate 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 2023.
- Investment Income: $8,793,628
- Program Service Revenue: $10,889,711
- Gross Receipts: $276,407,016
Assets and Liabilities:
- Total Assets: $345,144,684
- Total Liabilities: $33,351,723
- Net Assets: $311,792,961
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
NON-PROFIT PROGRAM SERVICE ADMINI
Revenue
$10,749,979
SCHOLARSHIP GRANT REVENUE
Revenue
$139,732
Organization Details
Founding Year
1996
Phone
(800) 532-5274Principal Officer
Alan J Balch
Main Address
421 BUTLER FARM ROAD, HAMPTON, VA, 23666
Website
www.patientadvocate.orgNTEE Category
Code: B90 - Education
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