Banner Health Plan Inc

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

EIN: 843237280 ✦ Phoenix, AZ ✦ Designated as a 501(c)(4)

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Overview

What is Banner Health Plan Inc?

Banner Health Plan Inc, based in Phoenix, Arizona, is a Medicare-only health maintenance organization (HMO) and a nonprofit organization that serves Medicare beneficiaries through a Medicare Advantage Part D (MAPD) Plan. The organization is a subsidiary of Banner Health Insurance Companies, LLC (BHIC), which is disregarded for federal tax purposes as a single-member LLC of Banner Health, a leading tax-exempt hospital system. Banner Health, in turn, is dedicated to providing top-notch healthcare services to its communities, often serving as the only inpatient facility in medically underserved areas. By being integrated into Banner Health's continuum of care, Banner Health Plan strengthens its ability to cater to the health needs of its patients and promote community health. The health plan offers a wide range of programs and services to improve healthcare access and quality, including medical management, care management, and condition management, all designed to foster efficient and effective care coordination. Banner Health Plan serves all counties in Arizona, focusing on medically underserved areas, and offers members a choice of over 5000 providers, 17 Arizona hospitals, and three renowned academic medical centers.


Official website here: www.bannerhealth.com

Is Banner Health Plan Inc legitimate?

Banner Health Plan Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Banner Health Plan 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: $549,946

For more financial information, click here


Official website here: www.bannerhealth.com

What is the mission statement of Banner Health Plan Inc?

Banner Health Plan Inc is dedicated to promoting social welfare and advancing Banner Health's mission of making healthcare easier, enabling a better life for individuals. Through integrated and coordinated care and population health management, Banner Health Plan strives to improve the quality of care and access for its elderly members. Leveraging Banner Health's vast expertise in Arizona managed care, the organization seeks to enhance the healthcare experience for its members and ensure they receive comprehensive care and coverage, including prescription drug coverage. Banner Health Plan offers various programs and resources to support member health and well-being, such as medical management, care management, and condition management. Its mission is to provide quality healthcare services and continuous improvements, ensuring members receive high-quality, sustainable care.


Official website here: www.bannerhealth.com

Who is the CEO of Banner Health Plan Inc?

Unavailable


Official website here: www.bannerhealth.com

What is the revenue of Banner Health Plan Inc?

Banner Health Plan Inc's revenue in 2022 was $23,833,178.


Official website here: www.bannerhealth.com

Who are the executives of Banner Health Plan Inc and what are their salaries?


Here are 8 key members and their salaries:


Charles Lehn (Director/Treasurer)
  • Compensation: $0
  • Related: $1,050,785
  • Other: $326,797
Dennis Laraway (Director/Chairman)
  • Compensation: $0
  • Related: $2,565,572
  • Other: $505,840
James Stringham (Director/President)
  • Compensation: $0
  • Related: $682,032
  • Other: $194,333
Marjorie Bessel Md (Director/Secretary)
  • Compensation: $0
  • Related: $1,675,989
  • Other: $800,391
Stephen Macias (Director/President (Thru 02/22))
  • Compensation: $0
  • Related: $152,541
  • Other: $2,436
Donald Nordlund (Director)
  • Compensation: $0
  • Related: $1,564,909
  • Other: $826,897
Joseph Gregory Md (Director)
  • Compensation: $0
  • Related: $560,974
  • Other: $57,307
Lynn Rosenbach (Director)
  • Compensation: $0
  • Related: $650,347
  • Other: $35,231


Official website here: www.bannerhealth.com

Where can I find the form 990 for Banner Health Plan Inc?

Banner Health Plan Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.bannerhealth.com

Learn more at the official website: www.bannerhealth.com

Mission Statement of Banner Health Plan Inc

Banner Health Plan Inc, an integral part of Banner Health's mission, is dedicated to promoting social welfare and making healthcare easier so life can be better. By providing integrated and coordinated care and population health management, BHP aims to further Banner Health's mission and serve Medicare beneficiaries more effectively.

BHP's primary focus is on elderly members, utilizing Banner Health's vast expertise in Arizona managed care to improve their access to quality care. As a Medicare-only health maintenance organization, BHP offers a single plan that combines both healthcare services and comprehensive insurance coverage, setting it apart from other providers. Members of BHP gain access to a vast network of over 5000 providers, 17 hospitals, and three renowned academic medical centers, ensuring they receive the best possible care.

BHP's commitment to care coordination and provision is evident in its numerous programs. A medical management program coordinates and monitors medical and behavioral health services, with a focus on continuity of care for all members. Care management services assist members with complex medical and mental health conditions, helping them regain optimal health and improve functional capacity. The condition management program targets members with high-risk conditions, providing assessments, education, and intervention tailored to their needs.

BHP's personalized approach to care extends beyond medical needs. Each member is assigned a health navigator, a trusted steward who assists with appointments, home health orders, discharge navigation, and care coordination. Additional resources, such as certified health coaches, registered dietitians, social workers, and a 24-hour nurse hotline, further enhance the integrated member experience.

BHP's dedication to improving the health and wellbeing of its members is reflected in its commitment to quality and continuous improvement. Through its Quality Committee, BHP oversees affiliate providers' adherence to quality standards, ensuring that all members receive the best possible care. BHP's mission is to make healthcare easier so life can be better, and it achieves this through its comprehensive programs and personalized approach to care.

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Impact




October, 2024

Banner Health Plan Inc (BHP) significantly enhances healthcare access and quality for Medicare beneficiaries in Arizona, particularly in medically underserved areas. By providing integrated and coordinated care, BHP ensures that its members receive comprehensive health services, including medical management, care coordination, and specialized programs geared towards chronic condition management.

The health plan operates as a distinctive Medicare Advantage Part D plan, leveraging Banner Health’s extensive healthcare infrastructure, which includes over 5000 providers and multiple hospitals across Arizona. This unique integration facilitates a seamless continuum of care, allowing members to receive both healthcare and insurance coverage efficiently.

BHP addresses critical community health needs by targeting vulnerable populations such as the elderly, low-income individuals, and those with chronic conditions. Its dedicated programs, such as the care management and condition management initiatives, improve health outcomes by offering personalized support, education, and resources tailored to individual health needs.

Furthermore, BHP provides innovative services such as telehealth visits, health navigation, and community-based education courses, enhancing the member experience and promoting preventive care. By fostering relationships between healthcare providers and members through these initiatives, BHP strengthens community health outcomes and contributes to overall social welfare.

In summary, Banner Health Plan Inc plays a vital role in improving healthcare accessibility, quality, and coordination for Medicare beneficiaries in Arizona, effectively addressing the needs of underserved populations and fostering better health outcomes through integrated care solutions.




This information is meant to be a general summary of Banner Health Plan 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.

Revenue
$23,833,178 (2022)
Expenses
$40,725,166 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,556
  • Program Service Revenue: $23,831,622
  • Gross Receipts: $23,833,178

Assets and Liabilities:

  • Total Assets: $29,623,279
  • Total Liabilities: $16,700,519
  • Net Assets: $12,922,760

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Programs

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

Capitation PREMIUMS

Revenue

$23,831,622

Organization Details

Founding Year

2019

Main Address

2901 N CENTRAL AVE 160, PHOENIX, AZ, 85012

NTEE Category

Code: Z99 - Unknown

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