C2c Innovative Solutions Inc
- Assets
- $42.8m
- Revenue
- $38.8m
- Investments
- $0.0
- Employees
- 297
- Location
- Austin, TX
- Founding
- 05/2015
- Data as of
- 12/2021
- EIN
- 47-3641754
Organization Overview
C2c Innovative Solutions Inc is located in Austin, TX. The organization was established in 2015. According to its NTEE Classification (E19) the organization is classified as: Support N.E.C., under the broad grouping of Health Care and related organizations. As of 12/2021, C2c Innovative Solutions Inc employed 297 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. C2c Innovative Solutions 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, C2c Innovative Solutions Inc generated $38.8m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 19.2% each year . All expenses for the organization totaled $34.0m during the year ending 12/2021. While expenses have increased by 19.5% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE BEST VALUE ADMINISTRATIVE SERVICES AND QUALITY MANAGEMENT PRINCIPLES THAT PROMOTE CONTINUOUS IMPROVEMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
C2C INNOVATIVE SOLUTIONS INC. (C2C) SERVES AS A FEDERAL CONTRACTOR FOR THE MEDICARE PROGRAM SINCE THE INCEPTION OF THE SECOND-LEVEL APPEAL PROCESS IN SEPTEMBER 2004. AS A QUALIFIED INDEPENDENT CONTRACTOR (QIC), C2C ADJUDICATES SECOND-LEVEL MEDICARE APPEALS CALLED RECONSIDERATIONS FOR SEVERAL JURISDICTIONS WITH NATIONAL SCOPE.
C2C WAS CERTIFIED BY THE CENTERS FOR MEDICARE & MEDICAID SERVICES TO SERVE AS A SELECTED DISPUTE RESOLUTION ENTITY UNDER THE NO SURPRISES ACT TO RESOLVE DISPUTES BETWEEN UNINSURED OR SELF-PAY INDIVIDUALS AND PROVIDERS, THIS HELPS PROTECT CONSUMERS FROM SURPRISE MEDICAL BILLS.
C2C SERVICES AS AN INTERNAL REVIEW ORGANIZATION FOR VARIOUS STATES.
C2C SERVES AS A SUBCONTRACTOR CONDUCTING CODING AND COVERAGE REVIEWS OF MCO (MANAGED CARE ORGANIZATIONS) TO DETERMINE WHETHER MEDICARE CLAIMS WERE PAID IN ACCORDANCE WITH CMS COVERAGE, CODING, PAYMENT AND BILLING POLICIES, AND ALLOW FOR THE RECOUPMENT OF ANY OVERPAYMENT AS A RESULT OF IDENTIFIED ERRORS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeff Peterson President | OfficerTrustee | 50.6 | $425,775 |
Frank A Delli Carpini MD Chief Medical Officer | 49.8 | $420,324 | |
Michael Owens MD Medical Director | 47.7 | $308,934 | |
Dylan Deatrich MD Medical Director | 41 | $239,084 | |
David Feig MD Physician Reviewer | 40 | $217,429 | |
Brian Andrew Stotler Program Director | Officer | 47.9 | $198,088 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Tmf Health Quality Institute Management Services | 12/30/21 | $8,480,605 |
Robert Half Temporary Services | 12/30/21 | $1,088,099 |
Federal Hearings & Appeals Services Inc Subcontractor- Processing Of Appeals | 12/30/21 | $1,107,182 |
Hm Health Solutions Inc Printing And Mailing Services | 12/30/21 | $265,182 |
Vaco Llc Staffing And Recruiting | 12/30/21 | $243,199 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $38,578,186 |
| 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 | $38,578,186 |
| Total Program Service Revenue | $133,865 |
| Investment income | $94,084 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $10 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $38,806,145 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $40,087 |
| 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. | $1,874,284 |
| Compensation of current officers, directors, key employees. | $173,909 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $15,659,992 |
| Pension plan accruals and contributions | $1,379,226 |
| Other employee benefits | $1,581,041 |
| Payroll taxes | $1,241,794 |
| 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 | $0 |
| Fees for services: Other | $11,297,314 |
| Advertising and promotion | $0 |
| Office expenses | $390,071 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $415,046 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $17,132 |
| Interest | $137 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $93,503 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $34,018,606 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,767,751 |
| Savings and temporary cash investments | $30,505,700 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $6,311,307 |
| 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 | $832,875 |
| Net Land, buildings, and equipment | $5,646 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $365,264 |
| Other assets | $0 |
| Total assets | $42,788,543 |
| Accounts payable and accrued expenses | $3,544,831 |
| 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 | $761,688 |
| Total liabilities | $4,306,519 |
| Net assets without donor restrictions | $38,482,024 |
| 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 | $42,788,543 |
Grants Awarded
Over the last fiscal year, C2c Innovative Solutions Inc has awarded $20,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Jacksonville, FL PURPOSE: DONATION | $10,000 |
CITY RESCUE MISSION INC PURPOSE: DONATION | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Tricore Laboratory Services Corporation Albuquerque, NM | $18,254,406 | $118,588,499 |
Shannon Medical Management San Angelo, TX | $1,382,032 | $79,162,048 |
Tarrant Safety Net Support Corporation Arlington, TX | $4,348,601 | $75,814,900 |
C2c Innovative Solutions Inc Austin, TX | $42,788,543 | $38,806,145 |
Arkansas Childrens Inc Little Rock, AR | $6,770,190 | $23,662,010 |
Physician Associates Of Southwest Dallas Dallas, TX | $2,716,484 | $11,709,219 |
Methodist Patient Centered Aco Dallas, TX | $1,181,995 | $6,532,302 |
Cook Childrens Health Enterprises Fort Worth, TX | $6,566,964 | $6,620,654 |
Dallas Development Fund Dallas, TX | $6,293,260 | $6,735,720 |
St Lukes Sugar Land Properties Corporation Houston, TX | $99,661,908 | $127,637 |
Oneshare International Irving, TX | $7,405,964 | $7,020,317 |
Community Outreach And Patient Empowerment Inc Gallup, NM | $3,855,730 | $4,650,355 |