Overview
What is University Health Care Inc?
University Health Care Inc, based in Louisville, Kentucky, is a nonprofit organization with a 21-year history of managing Kentucky Medicaid benefits. Established in 1997 by private provider sponsors, its primary aim was to help control rising Medicaid costs and improve health outcomes for beneficiaries, while also providing services to Medicare Special Needs patients. The organization's mission, as stated, is to promote the health of Medicaid recipients in the Commonwealth of Kentucky. Although the organization's contract was not renewed and its assets were acquired by another managed care organization, it continues to wind down its activities.
Is University Health Care Inc legitimate?
University Health Care Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. University Health Care 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:
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What is the mission statement of University Health Care Inc?
University Health Care Inc's mission was centered around promoting the health of Medicaid recipients in the Commonwealth of Kentucky. Their mission was to ensure the well-being of this specific group, demonstrating a commitment to their community's health care needs. Regrettably, their contract was not renewed, and their assets were acquired by another managed care organization. The sale's proceeds were distributed to the charitable organizations that had previously supported the taxpayer. Currently, University Health Care Inc is in the process of winding down its operations.
Who is the CEO of University Health Care Inc?
Steve Tutewohl is the Principal Officer of University Health Care Inc.
What is the revenue of University Health Care Inc?
University Health Care Inc's revenue in 2022 was -$427,475.
Who are the executives of University Health Care Inc and what are their salaries?
There 7 volunteers at University Health Care Inc.
Here are 4 key members and their salaries:
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Where can I find the form 990 for University Health Care Inc?
University Health Care Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of University Health Care Inc
University Health Care Inc, a nonprofit organization, was dedicated to improving the health of Medicaid recipients residing in Kentucky. Their mission was centered around promoting the well-being of this specific demographic, aiming to make a significant impact on their overall health. Unfortunately, the organization's contract with the Commonwealth of Kentucky was not renewed. Consequentially, its assets were acquired by another managed care organization. The proceeds from the sale were distributed to the charitable organizations that had formerly sponsored the taxpayer. Currently, University Health Care Inc is undergoing a wind-down process. Despite this transition, the organization's commitment to serving Medicaid recipients in Kentucky remains an admirable and noteworthy achievement.
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Impact
October, 2024
University Health Care Inc (UHC) has had a significant impact on the health landscape of Medicaid recipients in Kentucky over its 21 years of service. Established with the aim of promoting health among Medicaid beneficiaries, UHC played a crucial role in managing and administering Kentucky Medicaid benefits. By partnering with the Commonwealth of Kentucky, UHC helped address the escalating costs associated with the Medicaid program while simultaneously working to enhance health outcomes for its members.
During its operational years, UHC not only provided comprehensive health services but also dedicated efforts to support Medicare special needs patients, thus broadening its reach and impact within the community. Its initiatives contributed to maintaining a healthcare safety net for vulnerable populations, ensuring access to necessary medical care and services.
As of 2022, UHC entered a winding-down phase following its acquisition by Evolent in 2019. Although its contract with the Commonwealth was not renewed, the organization's legacy includes its ongoing commitment to the health and welfare of Medicaid recipients throughout its operational years, leaving a lasting impression on the community it served. The sale of its assets included redistributing proceeds to charitable organizations that had previously sponsored UHC, continuing its mission of support and service in a different capacity.
This information is meant to be a general summary of University Health Care 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: -$834,019
- Gross Receipts: $6,633,948
Assets and Liabilities:
- Total Assets: $2,043,342
- Total Liabilities: $720,207
- Net Assets: $1,323,135
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Organization Details
Founding Year
1997
Phone
(502) 585-7324Principal Officer
Steve Tutewohl
Main Address
400 W MARKET STREET 2000, LOUISVILLE, KY, 40202
NTEE Category
Code: E80 - Health
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