Overview
What is Avmed Inc?
Avmed Inc is a health maintenance organization based in Florida, serving employers and individuals, including small groups and seniors, with a total of 1,223,133 member months of network access. They offer comprehensive health services, from administrative support for self-funded health care plans to preventive and chronic care management programs. Avmed is accredited by the National Committee for Quality Assurance (NCQA) for its Medicare, commercial, and Marketplace/Exchange products. With a strong emphasis on quality healthcare, they annually measure performance through the Healthcare Effectiveness Data and Information Set (HEDIS) process and Consumer Assessment of Healthcare Providers and Systems (CAHPS) survey. In addition to improving members' well-being, Avmed contributes to building healthier communities through various initiatives, such as supporting Miami-Dade County's Bike305 program and sponsoring community fitness and health events in Fort Lauderdale and Miami. Their mission is to help members live healthier by providing access to high-quality, affordable healthcare services through a network of credentialed healthcare providers.
Official website here: www.avmed.org
Is Avmed Inc legitimate?
Avmed Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Avmed 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: $39,032,366
For more financial information, click here
Official website here: www.avmed.org
What is the mission statement of Avmed Inc?
Avmed Inc is dedicated to helping members lead healthier lives by granting access to top-tier, affordable healthcare services. The organization's mission revolves around providing healthcare benefits through a network of certified healthcare providers. Avmed offers a range of services including disease and chronic care management programs, wellness and prevention initiatives, health fairs, and prescription drug coverage. They cater to various groups, such as employers and vulnerable populations, including individuals, small groups, and seniors, through the Medicare Advantage Program. Avmed's commitment extends beyond healthcare, with educational resources for its enrollees on health-related issues and various disease management programs.
Official website here: www.avmed.org
Who is the CEO of Avmed Inc?
James M Repp is the Chief Executive Officer/Director of Avmed Inc. The CEO's salary of Avmed Inc is $0 and their total compensation is $7,380,821.
Official website here: www.avmed.org
What is the revenue of Avmed Inc?
Avmed Inc's revenue in 2022 was $823,068,692.
Official website here: www.avmed.org
Who are the executives of Avmed Inc and what are their salaries?
The average compensation at Avmed Inc during 2022 was $66,157. There are 590 employees at Avmed Inc.
Here are 21 key members and their salaries (Avmed Inc's CEO's salary is $0 and their total compensation is $7,380,821):
- Compensation: $0
- Related: $2,028,776
- Other: $5,352,045
- Compensation: $0
- Related: $1,406,629
- Other: $201,983
- Compensation: $0
- Related: $650,123
- Other: $881,793
- Compensation: $0
- Related: $904,878
- Other: $44,161
- Compensation: $0
- Related: $511,203
- Other: $97,315
- Compensation: $244,033
- Related: $0
- Other: $18,147
- Compensation: $209,209
- Related: $0
- Other: $37,118
- Compensation: $209,064
- Related: $0
- Other: $27,323
- Compensation: $199,674
- Related: $0
- Other: $24,361
- Compensation: $206,760
- Related: $0
- Other: $6,790
- Compensation: $0
- Related: $55,158
- Other: $0
- Compensation: $0
- Related: $45,596
- Other: $0
- Compensation: $0
- Related: $45,269
- Other: $0
- Compensation: $0
- Related: $43,469
- Other: $0
- Compensation: $0
- Related: $43,142
- Other: $0
- Compensation: $0
- Related: $41,996
- Other: $0
- Compensation: $0
- Related: $27,779
- Other: $0
- Compensation: $0
- Related: $27,779
- Other: $0
- Compensation: $0
- Related: $27,779
- Other: $0
- Compensation: $0
- Related: $13,890
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.avmed.org
Where can I find the form 990 for Avmed Inc?
Avmed Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.avmed.org
Learn more at the official website: www.avmed.org
Mission Statement of Avmed Inc
Avmed Inc, a notable organization, is dedicated to helping its members live healthier lives by granting them access to high-quality, affordable healthcare services. Avmed's mission lies in creating a network of credentialed healthcare providers, enabling it to offer affordable, non-commercial healthcare benefits contracts to various communities across the country.
The organization goes beyond merely providing access to healthcare services. Avmed educates its enrollees about health issues, fosters wellness and disease prevention programs, organizes health fairs, manages complex cases, and offers prescription drugs and certain medical research programs. These services come at affordable fixed prices, making them accessible to Florida employers and vulnerable populations, including individuals, small employer groups, and senior citizens through the Medicare Advantage Program.
Avmed's commitment to bettering the lives of its members doesn't stop at healthcare services. It extends to disease and chronic care management programs, disease management, and managing complex cases to ensure those in need receive the best possible care. By creating an extensive network of healthcare providers, Avmed is able to cater to the diverse healthcare needs of its communities, ensuring they have access to the care they require and, ultimately, the opportunity to live healthier lives.
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Impact
October, 2024
Avmed Inc significantly contributes to the health and well-being of its members and the broader community through comprehensive healthcare services and wellness programs. By providing high-quality health care plans, Avmed serves over 200,000 members, including small employer groups and senior citizens, and facilitates millions of drug prescriptions, inpatient care days, and access to essential services.
The organization's rigorous approach to healthcare performance measurement, particularly through the National Committee for Quality Assurance (NCQA) accreditation, ensures that Avmed maintains high standards across its Medicare, commercial, and marketplace products. The organization’s commitment to quality is evident in its rankings, with a majority of its health plan measures achieving 4 stars or higher, reflecting a strong focus on both clinical excellence and member satisfaction.
Avmed encourages healthier lifestyles by promoting wellness and disease prevention initiatives. Their educational programs, health fairs, and chronic care management services support members in managing their health more effectively, fostering a culture of prevention rather than treatment. This dedicated focus not only aids individual health but also enhances community wellness.
Engagement in initiatives like Miami-Dade County's Bike305 program illustrates Avmed’s commitment to fostering healthier communities through active transportation solutions. Programs aimed at encouraging physical activity and balanced living—conceptualized as "WellFluent"—demonstrate the organization's holistic approach to health, intertwining physical wellness with overall life satisfaction.
Moreover, Avmed's involvement in community fitness and health events showcases its dedication to promoting a culture of health within Florida, further extending its impact beyond individual members to the communities it serves. By providing affordable health benefits and accessible wellness resources, Avmed Inc plays a critical role in enhancing the quality of life and health outcomes for many Floridians.
This information is meant to be a general summary of Avmed 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: -$1,515,831
- Program Service Revenue: $823,248,577
- Gross Receipts: $898,289,040
Assets and Liabilities:
- Total Assets: $378,952,909
- Total Liabilities: $307,966,047
- Net Assets: $70,986,862
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
COMPREHENSIVE REVENUE
Revenue
$460,451,334
MEDICARE REVENUE
Revenue
$295,790,451
SELF-FUNDED ADMIN FEE
Revenue
$53,327,225
FEDERAL REVENUE
Revenue
$13,679,567
Organization Details
Founding Year
1986
Phone
(352) 372-8400Principal Officer
James M Repp
Main Address
PO BOX 749, GAINESVILLE, FL, 326270749
Website
www.avmed.orgNTEE Category
Code: E83 - Health
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