Eqhealth Advisewell Inc is located in New Orleans, LA. The organization was established in 1989. As of 12/2020, Eqhealth Advisewell Inc employed 17 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Eqhealth Advisewell 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 12/2020, Eqhealth Advisewell Inc generated $948.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (45.9%) each year. All expenses for the organization totaled $2.1m during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (38.8%) per year over the past 6 years. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO IMPROVE THE QUALITY OF HEALTH AND HEALTH CARE BY USING INFORMATION AND COLLABORATIVE RELATIONSHIPS TO ENABLE CHANGES. SIGNIFICANT ACTIVITIES INCLUDE PROVIDING QUALITY IMPROVEMENT, REVIEW, AND ASSURANCE SERVICES FOR HEALTH PROGRAMS ADMINISTERED BY GOVERNMENTAL AND PRIVATE ORGANIZATIONS. EQHEALTH SOLUTIONS RECEIVES A SUBSTANTIAL PART OF ITS FUNDING FROM FEDERAL AND STATE GOVERNMENTAL CONTRACTS TO BENEFIT PUBLIC HEALTH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EQHEALTH SOLUTIONS IS MEDICARE'S QUALITY IMPROVEMENT ORGANIZATION (QIO) FOR THE STATE OF LOUISIANA. THE ORGANIZATION PROVIDES HEALTH CARE QUALITY IMPROVEMENT SERVICES THROUGH PROVIDER EDUCATION AND DATA ANALYSIS. EQHEALTH SOLUTIONS WORKS WITH NURSING HOMES, HOME HEALTH AGENCIES, HOSPITALS AND PHYSICANS IN ORDER TO IMPROVE THE DELIVERY, QUALITY AND COST EFFECTIVENESS OF HEALTH CARE FOR MEDICARE BENEFICIARIES. ACHIEVEMENT GOALS ARE SET BY THE CENTERS FOR MEDICARE AND MEDICAID SERVICES (CMS) AND PERIODICALLY MEASURED THROUGH VARIOUS CONTRACT PERFORMANCE INDICATORS AND MEDICAL CLAIMS DATA.
TO PROVIDE HEALTH MANAGEMENT SERVICES TO STATE MEDICAID AGENCIES. THESE SERVICES INCLUDE INPATIENT PRE-CERTIFICATION, QUALITY ASSURANCE AND UTILIZATION REVIEW OF MEDICAL SERVICES RENDERED TO STATE MEDICAID BENEFICIARIES. THE ORGANIZATION DETERMINES IF MEDICAL SERVICES MEET PROFESSIONALLY RECOGNIZED STANDARDS OF HEALTHCARE QUALITY, ARE MEDICALLY NECESSARY, AND ARE DELIVERED IN THE MOST APPROPRIATE, COST-EFFECTIVE MANNER. THE ORGANIZATION REGULARLY ACHIEVES SIGNIFICANT COST SAVINGS FOR THE STATES' MEDICAID PROGRAMS.
THE SENIOR MEDICARE PATROL FEDERAL GRANTS ARE THROUGH THE DEPARTMENT OF HEALTH & HUMAN SERVICES - ADMINISTRATION FOR COMMUNITY LIVING. OUR GRANTS TEAM WORKS TO EDUCATE MEDICARE BENEFICIARIES, THEIR FAMILIES, AND CAREGIVERS AND TO EMPOWER MEDICARE BENEFICIARIES THROUGH INCREASED AWARENESS AND UNDERSTANDING OF HEALTH CARE PROGRAMS TO PROTECT THEM FROM THE ECONOMIC AND HEALTH-RELATED CONSEQUENCES ASSOCIATED WITH MEDICARE FRAUD, ERRORS, AND ABUSE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Debra W Rushing Executive Director | Officer | 40 | $155,530 |
Sonja N Landry Smp Program Manager | 40 | $102,901 | |
Catherine L Bourgeois Quality Improvement Manager | 40 | $101,719 | |
Bret Clesi Chairman | OfficerTrustee | 14 | $0 |
Patrick Burns Vice Chairman | OfficerTrustee | 6 | $0 |
Larry Mitchum Secretary | OfficerTrustee | 6 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Desai Management Consulting Inc Contract Consulting | 12/30/18 | $693,193 |
Mcglinchey Stafford Legal Services | 12/30/18 | $333,104 |
Adams And Reese Llp Legal Services | 12/30/18 | $281,192 |
Thomas J Sandeman Financial Consulting | 12/30/18 | $244,647 |
Tampa Property Partners Ii Llc Landlord | 12/30/18 | $198,474 |
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 | $750,103 |
Investment income | $198,323 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $948,426 |
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. | $155,530 |
Compensation of current officers, directors, key employees. | $77,396 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $694,201 |
Pension plan accruals and contributions | $6,496 |
Other employee benefits | $369,353 |
Payroll taxes | $68,853 |
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 | $201,010 |
Advertising and promotion | $59,379 |
Office expenses | $5,507 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $382,103 |
Travel | $7,250 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $5,757 |
Interest | $399 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $67,914 |
All other expenses | $318 |
Total functional expenses | $2,051,060 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,571,443 |
Savings and temporary cash investments | $1,221,734 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $163,681 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $10,000,000 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $41,046 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $2,659,754 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $15,657,658 |
Accounts payable and accrued expenses | $2,583,114 |
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 | $0 |
Total liabilities | $2,583,114 |
Net assets without donor restrictions | $13,074,544 |
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 | $15,657,658 |
Organization Name | Assets | Revenue |
---|---|---|
North Central Texas Trauma Regional Advisory Council Inc Arlington, TX | $4,368,300 | $14,084,605 |
Louisiana Hospital Association Research And Education Foundation Baton Rouge, LA | $1,786,775 | $3,893,643 |
Eqhealth Advisewell Inc New Orleans, LA | $15,657,658 | $948,426 |
Physicians Benevolent Fund Austin, TX | $6,043,155 | $497,827 |
Houston Business Coalition On Health Katy, TX | $218,032 | $421,634 |
Waterman Medical Foundatiion Dallas, TX | $2,379,537 | $240,106 |
Dcms Foundation Dallas, TX | $1,009,129 | $38,494 |
Sealy Medical Center Foundation Sealy, TX | $896,351 | $65,929 |
Mississippi State Medical Association Alliance Inc Ridgeland, MS | $170,067 | $0 |
Hill Country Memorial Medical Office Buildings Fredericksburg, TX | $0 | $0 |