Vns Choice
- Assets
- $735.9m
- Revenue
- $2.3b
- Investments
- $0.0
- Employees
- 251
- Location
- New York, NY
- Founding
- 01/1998
- Data as of
- 12/2023
- EIN
- 13-3951057
Organization Overview
Vns Choice, operating under the name Vns Health Health Plans, is located in New York, NY. The organization was established in 1998. According to its NTEE Classification (E92) the organization is classified as: Home Health Care, under the broad grouping of Health Care and related organizations. As of 12/2023, Vns Health Health Plans employed 251 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Vns Health Health Plans is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Vns Health Health Plans generated $2.3b in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 6.1% each year. All expenses for the organization totaled $2.2b during the year ending 12/2023. While expenses have increased by 5.6% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO HELP MEMBERS CONTINUE TO LIVE INDEPENDENTLY IN THEIR OWN HOMES AND COMMUNITIES. PLEASE REFER TO CORE FORM, PART III & SCHEDULE O FOR ADDITIONAL INFORMATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
VNS HEALTH MLTC: THIS PROGRAM PROVIDES AN ARRAY OF HOME, COMMUNITY, AND FACILITY-BASED LONG-TERM CARE SERVICES TO ELIGIBLE ENROLLEES. MLTC PLUS PROGRAM PROVIDES BOTH MEDICARE AND MEDICAID BENEFITS TO THE ELIGIBLE ENROLLEES.
SELECTHEALTH FROM VNS HEALTH: THIS PROGRAM SERVES THEMEDICAID HIV SPECIAL NEEDS POPULATION. THIS HIGH NEEDS HIGH ACUITY POPULATION INCLUDES HOMELESS AND TRANSGENDER AS WELL. FOR THE LAST THREE CONSECUTIVE YEARS, SELECTHEALTH HAS HAD THE HIGHEST VIRAL LOAD SUPPRESSION RATE FOR THE HIV POSITIVE MEMBERSHIP AND CONTINUES TO PARTNER AS A RECIPIENT OF THE ENDING THE EPIDEMIC GRANT. PLEASE REFER TO SCHEDULE O FOR ADDITIONAL INFORMATION.
VNS HEALTH EASYCARE PLUS IS A D-SNP DESIGNED TO OFFER FOCUSED CARE MANAGEMENT TO INDIVIDUALS THAT HAVE BOTH MEDICARE AND MEDICAID. VNS HEALTH EASYCARE IS AN HMO MEDICARE ADVANTAGE PRESCRIPTION DRUG (MAPD) PLAN DESIGNED TO MAKE MEDICAL CARE MORE AFFORDABLE. THE PLAN PROVIDES BOTH PART A & PART B COVERAGE TO ENROLLEES WHO ARE ELIGIBLE FOR MEDICARE BENEFITS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Daniel Savitt Director;ex-Officio - Ceo/pres | OfficerTrustee | 55 | $0 |
Keith Patterson Evp & CFO | Officer | 55 | $0 |
Hany Abdelaal DO Pres, Vhhp (term 6/2023) | Officer | 55 | $724,380 |
Jay Dobkin MD Cmo, Health Plans | 55 | $344,731 | |
David Robinson Vp, Sales & Partnership Dev. | 55 | $319,065 | |
James Biebel Vp, Provider Ntwk Contracting | 55 | $287,106 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
New Partners Inc Home Health Aides | 12/30/23 | $170,456,352 |
Freedom Care Llc Home Health Aides | 12/30/23 | $104,631,704 |
Vns Health Mso Support Svcs | 12/30/23 | $94,613,266 |
Concepts Of Independence Home Health Aides | 12/30/23 | $70,819,585 |
Cooperative Home Care Associates I Home Health Aides | 12/30/23 | $46,422,268 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $442,616 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $442,616 |
| Total Program Service Revenue | $2,329,191,203 |
| Investment income | $12,956,408 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$5,609,877 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,337,109,744 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $753,046 |
| Compensation of current officers, directors, key employees. | $582,296 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $19,069,773 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $2,018,499 |
| Payroll taxes | $1,335,682 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $556,479 |
| Fees for services: Other | $2,085,531,150 |
| Advertising and promotion | $1,853,346 |
| Office expenses | $1,433,707 |
| Information technology | $1,868,561 |
| Royalties | $0 |
| Occupancy | $9,759,310 |
| Travel | $327,003 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $140,681 |
| Interest | $7,494,722 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,558,204 |
| Insurance | $2,080,683 |
| All other expenses | $0 |
| Total functional expenses | $2,241,630,575 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $14,018,761 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $159,847,475 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $29,783,632 |
| Net Land, buildings, and equipment | $5,798,547 |
| Investments—publicly traded securities | $415,674,915 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $3,250,000 |
| Other assets | $107,571,111 |
| Total assets | $735,944,441 |
| Accounts payable and accrued expenses | $27,860,376 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $323,712,633 |
| Total liabilities | $351,573,009 |
| Net assets without donor restrictions | $384,371,432 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $735,944,441 |