Fair Health Inc

Organization Overview

Fair Health Inc is located in New York, NY. The organization was established in 2010. According to its NTEE Classification (E70) the organization is classified as: Public Health, under the broad grouping of Health Care and related organizations. As of 06/2022, Fair Health Inc employed 108 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fair Health 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 06/2022, Fair Health Inc generated $32.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.6% each year. All expenses for the organization totaled $30.4m during the year ending 06/2022. While expenses have increased by 5.8% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE TRANSPARENCY TO HEALTHCARE COSTS AND HEALTH INSURANCE INFORMATION FOR CONSUMERS AND THE ENTIRE HEALTHCARE SECTOR THROUGH AN EDUCATIONAL CONSUMER WEBSITE AND INDEPENDENT, OBJECTIVE DATA FOR RESEARCHERS, GOVERNMENT AGENCIES, HEALTHCARE PROVIDERS, INSURANCE COMPANIES AND BENEFIT MANAGERS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

FAIR HEALTH USES ITS DATABASE OF BILLIONS OF BILLED MEDICAL AND DENTAL SERVICES TO POWER A FREE WEBSITE THAT ENABLES CONSUMERS TO ESTIMATE AND PLAN THEIR MEDICAL AND DENTAL EXPENDITURES. THE WEBSITE ALSO OFFERS CLEAR, UNBIASED EDUCATIONAL ARTICLES AND VIDEOS ABOUT THE HEALTHCARE INSURANCE REIMBURSEMENT SYSTEM. IN ADDITION TO ITS CONSUMER OFFERINGS, FAIR HEALTH LICENSES DATA PRODUCTS TO BUSINESSES, GOVERNMENTAL AGENCIES, AND HEALTHCARE PROVIDERS. FAIR HEALTH ALSO PROVIDES RESEARCH ANALYTICS AND DATA TO ACADEMIC RESEARCHERS, POLICYMAKERS AND MEDIA. WITH ITS PROFESSIONAL STAFF OF EXPERTS IN HEALTHCARE, STATISTICS, TECHNOLOGY AND COMMUNICATIONS, FAIR HEALTH STRIVES TO OFFER ACCURATE, CONSISTENT AND TIMELY INFORMATION TO ALL STAKEHOLDERS IN THE HEALTHCARE SYSTEM.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Joel Brill
Clinical Consulting
$120,922
Avenue Solution
Consulting Services
$150,000
Bart Bronfman
Consulting Services
$143,750
View All Vendors

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$31,223,126
Investment income $351,074
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $791,819
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $32,401,678

Grants Recieved

Over the last fiscal year, we have identified 4 grants that Fair Health Inc has recieved totaling $544,078.

Awarding OrganizationAmount
John A Hartford Foundation

New York, NY

PURPOSE: A NATIONAL INITIATIVE TO ADVANCE COST INFORMATION IN SHARED DECISION-MAKING FOR SERIOUS HEALTH CONDITIONS

$233,022
John A Hartford Foundation

New York, NY

PURPOSE: A NATIONAL INITIATIVE TO ADVANCE COST INFORMATION IN SHARED DECISION-MAKING FOR SERIOUS HEALTH CONDITIONS

$165,784
New York State Health Foundation

New York, NY

PURPOSE: AN INITIATIVE TO ADVANCE SHARED DECISION MAKING FOR PATIENTS OF COLOR IN NEW YORK STATE

$116,218
New York State Health Foundation

New York, NY

PURPOSE: AN INITIATIVE TO ADVANCE SHARED DECISION MAKING FOR PATIENTS OF COLOR IN NEW YORK STATE

$29,054
View Grant Recipient Profile

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