Health Partners Plans Inc
- Assets
- $782.9m
- Revenue
- $2.1b
- Investments
- $0.0
- Employees
- 946
- Location
- Philadelphia, PA
- Founding
- 04/1989
- Data as of
- 12/2022
- EIN
- 23-2379751
Organization Overview
Health Partners Plans Inc, operating under the name Jefferson Health Plans, is located in Philadelphia, PA. The organization was established in 1989. According to its NTEE Classification (E80) the organization is classified as: Health (General & Financing), under the broad grouping of Health Care and related organizations. As of 12/2022, Jefferson Health Plans employed 946 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Jefferson Health Plans is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2022, Jefferson Health Plans generated $2.1b in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.2% each year. All expenses for the organization totaled $2.1b during the year ending 12/2022. While expenses have increased by 4.0% per year over the past 8 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
LICENSED HMO COMMITTED TO BUILDING HEALTHIER LIVES AND STRONGER COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HEALTH PARTNERS IS OUR MEDICAID PLAN THAT SERVES PENNSYLVANIANS WITH LOW OR NO INCOME. WHILE WE COVER DOCTOR VISITS, PRESCRIPTIONS, IMMUNIZATIONS, EYE EXAMS AND HOSPITALIZATIONS, WE ALSO PROMOTE HEALTH AND WELLNESS WITH EXTRA BENEFITS. PLEASE REFER TO SCHEDULE O FOR ADDITIONAL INFORMATION.
HEALTH PARTNERS MEDICARE OFFERS THREE MEDICARE ADVANTAGE PLANS ALL DESIGNED TO MEET YOUR UNIQUE HEALTHCARE NEEDS. OUR MEDICARE ADVANTAGE PLANS PROVIDE MORE BENEFITS THAN ORIGINAL MEDICARE WITH NO OR LOW MONTHLY PLAN PREMIUMS. PLEASE REFER TO SCHEDULE O FOR ADDITIONAL INFORMATION.
THE CHILDREN'S HEALTH INSURANCE PROGRAM (CHIP), BROUGHT TO YOU BY KIDZPARTNERS, PROVIDES PENNSYLVANIA CHILDREN (UP TO AGE 19) WITH FREE OR LOW-COST HEALTH COVERAGE, DEPENDING ON FAMILY SIZE AND INCOME. PLEASE REFER TO SCHEDULE O FOR ADDITIONAL INFORMATION.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Denise M Napier RN President & CEO | Officer | 40 | $1,150,231 |
Kevin Clancy SVP & CFO | Officer | 40 | $603,170 |
Joseph T Brand COO & SVP New Business | Officer | 40 | $602,183 |
Katherine A Behan MD Director | Trustee | 55 | $0 |
Christopher Mctiernan SVP Clinical & Provider Mgmt | Officer | 40 | $555,648 |
Johnna W Baker ESQ Chief Legal Officer | 40 | $454,408 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Ust Healthproof Inc Core Sys Development | 12/30/22 | $7,197,363 |
Harmelin And Associates Inc Advertising | 12/30/22 | $3,452,030 |
Change Healthcare Llc Claims Clearinghouse | 12/30/22 | $2,760,034 |
Health Management Systems Inc Claims Recoveries | 12/30/22 | $4,525,501 |
Mastech Infotrellis Inc Software Development | 12/30/22 | $1,929,224 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| 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 | $0 |
| Total Program Service Revenue | $2,139,236,700 |
| Investment income | $8,283,474 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$846,995 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,146,673,179 |
| 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. | $4,189,882 |
| Compensation of current officers, directors, key employees. | $4,189,882 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $77,775,262 |
| Pension plan accruals and contributions | $4,689,671 |
| Other employee benefits | $7,252,081 |
| Payroll taxes | $5,975,385 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $127,519 |
| Fees for services: Accounting | $621,781 |
| Fees for services: Lobbying | $150,777 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $308,093 |
| Fees for services: Other | $22,742,013 |
| Advertising and promotion | $5,037,935 |
| Office expenses | $4,342,524 |
| Information technology | $10,303,047 |
| Royalties | $0 |
| Occupancy | $6,109,848 |
| Travel | $148,672 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $56,904 |
| Interest | $884,615 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $6,443,046 |
| Insurance | $1,598,744 |
| All other expenses | $2,541,443 |
| Total functional expenses | $2,106,966,742 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,981 |
| Savings and temporary cash investments | $389,068,211 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $192,256,113 |
| 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 | $5,973,651 |
| Net Land, buildings, and equipment | $31,780,070 |
| Investments—publicly traded securities | $128,885,537 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $34,911,433 |
| Total assets | $782,878,996 |
| Accounts payable and accrued expenses | $422,804,864 |
| 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 | $98,891,259 |
| Total liabilities | $521,696,123 |
| Net assets without donor restrictions | $0 |
| 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 | $14,591,883 |
| Retained earnings, endowment, accumulated income, or other funds | $246,590,990 |
| Total liabilities and net assets/fund balances | $782,878,996 |