Caresource Ohio Inc is located in Dayton, OH. The organization was established in 1986. According to its NTEE Classification (E31) the organization is classified as: Group Health Practices, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Caresource Ohio Inc 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 12/2021, Caresource Ohio Inc generated $9.8b in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.7% each year. All expenses for the organization totaled $9.7b during the year ending 12/2021. While expenses have increased by 7.1% per year over the past 7 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.
Since 2014, Caresource Ohio Inc has awarded 22 individual grants totaling $1,201,900. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO MAKE A LASTING DIFFERENCE IN OUR MEMBERS' LIVES BY IMPROVING THEIR HEALTH AND WELL-BEING. CARESOURCE OHIO INC. IS A NONPROFIT HMO LICENSED BY THE STATE OF OHIO.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CARESOURCE OHIO INC. ("CSOH"), A LEADING NONPROFIT MANAGED CARE ORGANIZATION BASED IN DAYTON, OHIO, HAS BEEN LIVING ITS MISSION TO MAKE A LASTING DIFFERENCE IN MEMBERS' LIVES BY IMPROVING THEIR HEALTH AND WELL-BEING FOR MORE THAN THIRTY-ONE YEARS. CSOH SERVES MORE THAN 1.5 MILLION MEMBERS IN OHIO. CSOH'S MEMBERSHIP INCLUDES: (1) MEDICAID CONSUMERS, INCLUDING FAMILIES WITH LOW INCOME, CHILDREN, PREGNANT WOMEN, ADOPTION AND FOSTER KIDS, THOSE WHO ARE AGED, BLIND OR DISABLED, 2) MEDICAID CONSUMERS WHO ARE ELIGIBLE FOR HOME AND COMMUNITY BASED SERVICES THROUGH EXECUTION OF AN ANNUAL PROVIDER AGREEMENT WITH THE OHIO DEPARTMENT OF MEDICAID ("ODM"), (3) DUALLY ELIGIBLE CONSUMERS FOR MEDICARE AND MEDICAID THROUGH OHIO'S DUAL DEMONSTRATION PROGRAM, MYCARE, (4) MEDICARE ADVANTAGE CONSUMERS, AND (5) A QUALIFIED HEALTH PLAN OFFERED THROUGH THE FEDERAL HEALTH INSURANCE MARKETPLACE, PROVIDING LOW-COST COMPREHENSIVE COVERAGE FOR INDIVIDUALS AND FAMILIES. CSOH PROGRAM SERVICES: 1) CARESOURCE OHIO MEDICAID: CARESOURCE OHIO INC. PIONEERED OHIO'S FIRST MANDATORY MEDICAID MANAGED CARE PROGRAM IN 1989 AND IS NOW ONE OF THE LARGEST MEDICAID MANAGED CARE PLANS IN THE COUNTRY. CSOH'S YEARS OF EXPERIENCE IN MANAGING MEDICAID MANAGED CARE PROGRAMS AND MEMBER-FOCUSED APPROACH TO CARE HAVE ALLOWED IT THE OPPORTUNITY TO FORGE STRONG, POSITIVE REGULATORY RELATIONSHIPS WITH STATE AGENCIES, INCLUDING DEPARTMENTS OF INSURANCE. CSOH HAS EARNED 50.7% OF THE STATEWIDE MEDICAID MANAGED CARE MARKET SHARE, WITH THE HIGHEST VOLUNTARY ENROLLMENT RATE AND THE LOWEST VOLUNTARY DISENROLLMENT RATE OF ALL OHIO PARTICIPATING MEDICAID MANAGED CARE PLANS. CSOH FOCUSES ON PREVENTION WITH A GOAL OF IMPROVING MEMBER HEALTH, THE QUALITY OF HEALTH CARE SERVICES RECEIVED, AND ACCESSIBILITY OF HEALTH CARE SERVICES FOR MEDICAID MEMBERS. CSOH HAS MADE AN ORGANIZATIONAL COMMITMENT TO MAKE EVIDENCE-BASED INVESTMENTS TOWARDS IMPROVING HEALTH OUTCOMES FOR MEMBERS. CSOH'S APPROACH IS ONE THAT BLENDS THE RECOMMENDATIONS OF THE TRIPLE AIM FRAMEWORK AND PRINCIPLES OF POPULATION HEALTH MANAGEMENT BEST PRACTICE, WHILE LEVERAGING EMERGING TECHNOLOGICAL AND ANALYTIC SOLUTIONS TO MAKE MEASURABLE POSITIVE IMPACTS IN THE HEALTH OF THE COMMUNITIES WE SERVE. CSOH ALSO HAS SIGNIFICANT FOCUS ON CREATING SOCIAL BASED PARTNERSHIPS WITH PROVIDERS AND COMMUNITY ORGANIZATIONS TO SUPPORT A LONGITUDINAL HEALTH MANAGEMENT EFFORT FOR MEMBERS. PROVIDERS HAVE THE MOST CONTROL AND INFLUENCE ON MEMBERS AND THUS PROVIDE THE BEST OPPORTUNITY TO HELP CAPITALIZE ON COST, QUALITY, AND EXPERIENCE. PARTNERING WITH PROVIDERS ALLOWS US TO COLLABORATE ON POPULATION HEALTH STRATEGIES SUCH AS EMERGENCY DEPARTMENT DIVERSION, PATIENT-CENTERED MEDICAL HOME IMPLEMENTATION, AND PERFORMANCE MANAGEMENT. ENGAGING OUR HIGH-RISK MEMBERS' PRIMARY CARE AND SPECIALTY PROVIDERS IS PARTICULARLY CRITICAL TO ACHIEVING SUCCESSFUL CARE MANAGEMENT. CSOH HAS A BROAD, STATEWIDE NETWORK OF MORE THAN 52,000 PROVIDERS, INCLUDING PRIMARY CARE AND SPECIALIST PHYSICIANS, HOSPITALS, NURSING FACILITIES, HOME HEALTH CARE AGENCIES AND OTHER MEDICAL PROVIDERS WHO PROVIDE MEDICAL SERVICES AS WELL AS ASSIST IN THE COORDINATION OF MEMBER CARE. TO FURTHER DRIVE QUALITY AND ACHIEVE HEALTH OUTCOMES TARGETS, CSOH INCENTIVIZES CERTAIN PROVIDERS THROUGH A VALUE-BASED INCENTIVE MODEL. CSOH FOCUSES EFFORTS ON CREATING INCENTIVES AND REIMBURSEMENT OPTIONS TO SUPPORT MODELS THAT RECOGNIZE QUALITY AT THE PROVIDER LEVEL. CSOH CREATED A PROGRAM THAT PROVIDES ADDITIONAL INCENTIVES TO PROVIDERS FOR DELIVERING QUALITY BASED SERVICES THAT IMPACT HEALTHCARE EFFECTIVENESS DATA AND INFORMATION SET ("HEDIS") MEASURES. CSOH CREATED A SHARED SAVINGS MODEL THAT REWARDS PROVIDERS FOR ATTAINING QUALITY TARGETS WHILE SHARING SAVINGS. IN THIS PARTICULAR MODEL, CSOH ESTABLISHED "FILTERS" SUCH THAT PROVIDERS HAVE TO MEET OR EXCEED QUALITY METRICS BEFORE BEING ELIGIBLE TO SHARE IN COST SAVINGS. VALUE-BASED INCENTIVE MODELS ULTIMATELY RESULT IN IMPROVED MEMBER HEALTH OUTCOMES AS PROVIDERS CONTINUE TO DELIVER QUALITY SERVICE WITH THE MEMBER'S HEALTH AND SAFETY AT THE FOREFRONT. EFFECTIVE HIGH-RISK CASE MANAGEMENT ALONE IS NOT SUFFICIENT TO IMPROVE THE OVERALL POPULATION'S HEALTH OR DECREASE COSTS. THEREFORE, CSOH HAS CREATED A ROBUST CARE MANAGEMENT INFRASTRUCTURE THAT CONSISTS OF THREE LEVELS OF MEMBER CARE TO ACCELERATE CARE TRANSFORMATION FOR EACH AND EVERY MEMBER. MEMBERS ARE ASSIGNED TO SELF-MANAGEMENT, RISING RISK, OR HIGH-RISK BASED ON THEIR UNIQUE MEMBER RISK STRATIFICATION. CARESOURCE CAN THEN TAILOR THE CARE COORDINATION PROGRAM TO MEET THOSE MEMBERS' NEEDS. MEMBERS RECEIVE ENHANCED CARE COORDINATION SERVICES BASED ON THEIR COMPLEX PHYSICAL, BEHAVIORAL AND SOCIAL HEALTH NEEDS. THE FLUIDITY OF THIS DESIGN ALLOWS CSOH TO FOCUS ON PREVENTING LOWER-RISK AND RISING RISK MEMBERS FROM ESCALATING TO HIGH-RISK OVER TIME, WHILE STILL TENDING TO THE ONE-TO-ONE CARE MANAGEMENT NEEDS OF HIGH-RISK POPULATIONS. CSOH COLLABORATES WITH COMMUNITY PARTNERS AND PROVIDERS SUCH AS THE AREA AGENCIES ON AGING ("AAA"), COMMUNITY MENTAL HEALTH CENTERS, LOCAL PHARMACIES, AND FEDERALLY QUALIFIED HEALTH CENTERS ("FQHCS") TO ENSURE MEMBERS RECEIVE THE SERVICES THEY NEED. ADDITIONALLY, CSOH'S ENTERPRISE QUALITY TEAM HELPS DRIVE IMPROVED CLINICAL OUTCOMES FOR MEMBERS THROUGH A NUMBER OF HEDIS TARGETED INTERVENTIONS INCLUDING MEMBER ENGAGEMENT, EDUCATION AND DISEASE MANAGEMENT PROGRAMS. TO FURTHER ENHANCE OUR HEDIS METRIC INITIATIVES, CSOH HAS AN ESTABLISHED DEDICATED QUALITY TEAM WHICH WORKS HAND-IN-HAND WITH OUR ENTERPRISE TEAM AS WELL AS ACROSS ALL DEPARTMENTS THAT IMPACT QUALITY CLINICAL OUTCOMES FOR OUR MEMBERS. CSOH'S COMMITMENT TO QUALITY IS DEMONSTRATED THROUGH THE ORGANIZATION'S NATIONAL COMMITTEE FOR QUALITY ASSURANCE ("NCQA") ACCREDITATION. CSOH IS ACCREDITED BY NCQA FOR ITS QUALIFIED HEALTH INSURANCE MARKETPLACE AND MEDICAID HEALTH PLANS. ACCREDITATION DEMONSTRATES CSOH'S COMMITMENT TO QUALITY AND ENHANCES CSOH'S ABILITY TO IMPROVE THE HEALTH AND WELL-BEING OF THOSE WE SERVE. CSOH HAS IMPLEMENTED AN INTEGRATED CARE MODEL TO EMPOWER MEMBERS TO BECOME ENGAGED AND ACTIVELY PARTICIPATE IN THEIR HEALTH AND WELL-BEING. THE CARESOURCE INTEGRATED CARE MANAGEMENT PROGRAM IS BOTH MEMBER-CENTRIC AND RESOURCES-SPECIFIC AND SUPPORTS A MEMBER'S HOLISTIC PHYSICAL AND BEHAVIORAL HEALTH NEEDS. THE INTEGRATED CARE MANAGEMENT PROGRAM HAS INTEGRATED DISEASE MANAGEMENT, HIGH RISK OBSTETRICS, AND CONDITION-MANAGEMENT PROGRAMS TO ADDRESS MEMBER PHYSICAL AND BEHAVIORAL HEALTH NEEDS. CSOH FOLLOWS EVIDENCE-BASE PROTOCOLS TO IDENTIFY MEMBERS WITH BOTH HEALTH NEEDS AND CHRONIC CONDITIONS TO CONDUCT INTERVENTIONS AT THE APPROPRIATE LEVEL OF CARE. DISEASE MANAGEMENT OCCURS AT EVERY PROGRAMMATIC LEVEL TO ENSURE APPROPRIATE INTERVENTIONS AND EDUCATION OF THE MEMBER TARGETED TO THEIR UNIQUE NEEDS. THROUGH TARGETED PROGRAMS LIKE DISEASE MANAGEMENT, BEHAVIORAL HEALTH, AND TRANSITIONS OF CARE, WE FOCUS SIMULTANEOUSLY ON ACHIEVING HEALTH AND MAINTAINING WELLNESS TO THE HIGHEST LEVEL POSSIBLE FOR EACH MEMBER. ANY GIVEN MEMBER MAY BE IDENTIFIED WITH MORE THAN ONE PROGRAM. THE CARESOURCE INTEGRATED CARE MANAGEMENT PROGRAM INCORPORATES SPECIALTY PROGRAMS SUCH AS WOMEN AND CHILDREN'S HEALTH, HEALTH MANAGEMENT, AND TRANSITIONS OF CARE. IN CONJUNCTION WITH OTHER GROUPS WITHIN CSOH SUCH AS QUALITY, NETWORK, AND ANALYTICS, THE INTEGRATED CARE MANAGEMENT PROGRAM UTILIZES A POPULATION-BASED APPROACH TO MEET THE CLINICAL AND SOCIAL NEEDS OF OUR MEMBERS. THE PROGRAM EMPLOYS A MULTI-FACETED, EVIDENCE-BASED APPROACH TO ACHIEVE THE BEST POSSIBLE HEALTH OUTCOMES BY UTILIZING PREDICTIVE ANALYTICS, CASE MANAGEMENT, MEMBER INCENTIVE AND EDUCATIONAL PROGRAMS, AND COMMUNITY AND PROVIDER PARTNERSHIPS. AN EXAMPLE OF THE POPULATION HEALTH APPROACH IS THE WOMEN AND CHILDREN'S HEALTH PROGRAM. THROUGH COLLABORATION BETWEEN QUALITY, CLINICAL, NETWORK, AND ANALYTICS, CSOH HAS ESTABLISHED A PROGRAM TO TARGET OBJECTIVES INCLUDING A REDUCTION IN THE NUMBER OF PRETERM BIRTHS, REDUCING THE RISK OF MATERNAL AND INFANT MORTALITY AND PREGNANCY-RELATED COMPLICATIONS, AND REDUCING COMPLICATIONS OF HEALTH AND DEVELOPMENT IN INFANCY AND EARLY CHILDHOOD. ELEMENTS OF THE PROGRAM INCLUDE: (1) BABIES FIRST, A PROGRAM AVAILABLE TO ALL PREGNANT MEMBERS TO PROVIDE FINANCIAL INCENTIVES FOR THE COMPLETION OF TIMELY AND ONGOING PRENATAL, POSTPARTUM, AND WELL-BABY CARE, ALLOWING THE MOTHER THE OPPORTUNITY TO EARN MONEY FOR COMPLETION OF DOCTOR VISITS FOR BOTH HER INFANT AND HERSELF. (2) HIGH RISK OBSTETRICS, A PROGRAM TO SUPPORT AT RISK PREGNANCY AND ENSURE PREGNANT MEMBERS RECEIVE HIGH-TOUCH CASE MANAGEMENT SUPPORT THROUGHOUT THEIR PREGNANCY. (3) EARLY AND PERIODIC SCREENING, DIAGNOSTIC, AND TREATMENT ("EPSDT"), TO PROVIDE COMPREHENSIVE AND PREVENTATIVE HEALTH CARE SERVICES FOR CHILDREN UNDER AGE 21. ALL ELIGIBLE MEMBERS RECEIVE EPSDT REMINDER LETTERS THAT COINCIDE WITH THE APPROPRIATE HEALTH CARE TREATMENT BASED ON THEIR AGE. MEMBERS WHO ARE CASE MANAGED AND PARTICIPATE IN OUR PRENATAL EDUCATI
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Stephen Ringel President, Market & Secretary | OfficerTrustee | 40 | $0 |
Jai Pillai Chief Operating Officer | Officer | 23 | $0 |
Erhardt Preitauer Chief Executive Officer | Officer | 15 | $0 |
Daniel Mccabe Chief Administrative Officer | Officer | 16 | $0 |
Lawrence Smart Chief Financial Ofr (eff 1/21) | Officer | 9 | $0 |
David Goltz Chief Financial Ofr (to 1/21) | Officer | 0 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Express Scripts Inc Pharmacy Services | 12/30/21 | $2,340,046,485 |
Childrens Hosp Phys Healthcare Ne Medical Services | 12/30/21 | $459,689,908 |
Dentaquest Group Inc Medical Services | 12/30/21 | $186,470,491 |
The Metrohealth System Medical Services | 12/30/21 | $46,454,614 |
Ohio Hospital Association Medical Services | 12/30/21 | $480,857,886 |
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 | $9,724,963,389 |
Investment income | $29,164,910 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $2,069,510 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $9,756,197,809 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $7,521,630 |
Fees for services: Accounting | $830,019 |
Fees for services: Lobbying | $254,177 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $238,488,183 |
Advertising and promotion | $8,741,792 |
Office expenses | $102,221,764 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $18,918,123 |
Travel | $726,654 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $1,017,041 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $4,301,285 |
All other expenses | $8,502,341 |
Total functional expenses | $9,704,199,278 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $796,922,915 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $589,512,530 |
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 | $9,012,006 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $1,202,558,522 |
Investments—other securities | $0 |
Investments—program-related | $11,867,171 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $2,609,873,144 |
Accounts payable and accrued expenses | $1,183,196,605 |
Grants payable | $0 |
Deferred revenue | $262,744,244 |
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 | $14,669,830 |
Total liabilities | $1,460,610,679 |
Net assets without donor restrictions | $1,149,262,465 |
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 | $2,609,873,144 |
Over the last fiscal year, Caresource Ohio Inc has awarded $761,600 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
Dayton, OH PURPOSE: COVID RESPONSE | $400,000 |
Columbus, OH PURPOSE: COVID RESPONSE | $361,600 |
Over the last fiscal year, we have identified 2 grants that Caresource Ohio Inc has recieved totaling $40,000.
Awarding Organization | Amount |
---|---|
Enterprise Community Partners Inc Columbia, MD PURPOSE: CAPACITY BUILDING | $20,000 |
Enterprise Community Partners Inc Columbia, MD PURPOSE: CAPACITY BUILDING | $20,000 |
Organization Name | Assets | Revenue |
---|---|---|
Mclaren Health Plan Inc Flint, MI | $450,183,476 | $1,045,922,622 |
Priority Health Choice Inc Grand Rapids, MI | $365,837,413 | $855,732,086 |
Wellspan Medical Group York, PA | $140,592,269 | $745,783,571 |
The Health Plan Of West Virginia Inc Wheeling, WV | $406,104,117 | $789,215,656 |
St Lukes Physician Group Inc Allentown, PA | $77,606,071 | $634,645,551 |
Lehigh Valley Physician Group Allentown, PA | $433,846,962 | $621,243,367 |
Mount Carmel Health Plan Inc Columbus, OH | $483,267,404 | $579,951,393 |
Childrens Health Care Associates Inc Philadelphia, PA | $189,904,169 | $296,151,416 |
University Physicians & Surge Ons Inc Huntington, WV | $136,768,311 | $240,542,935 |
Lancaster General Medical Group East Petersburg, PA | $36,228,576 | $121,615,307 |
Physicians Health Plan Of Northern Indiana Inc Fort Wayne, IN | $94,644,511 | $196,513,216 |
Physicians Health Plan Lansing, MI | $85,614,801 | $162,492,112 |