Altamed Health Services Corp is located in Los Angeles, CA. The organization was established in 1970. According to its NTEE Classification (E32) the organization is classified as: Community Clinics, under the broad grouping of Health Care and related organizations. As of 12/2021, Altamed Health Services Corp employed 4,200 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Altamed Health Services Corp 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, Altamed Health Services Corp generated $871.2m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 9.4% each year. All expenses for the organization totaled $800.5m during the year ending 12/2020. While expenses have increased by 11.2% per year over the past 6 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 2017, Altamed Health Services Corp has awarded 166 individual grants totaling $53,148,168. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O : TO ELIMINATE DISPARITIES IN HEALTH CARE ACCESS AND OUTCOMES BY PROVIDING SUPERIOR QUALITY HEALTH AND HUMAN SERVICES THROUGH AN INTEGRATED WORLD-CLASS DELIVERY SYSTEM FOR LATINO, MULTI-ETHNIC AND UNDERSERVED COMMUNITIES IN SOUTHERN CALIFORNIA.VISION: TO BE THE LEADING COMMUNITY-BASED PROVIDER OF QUALITY HEALTH CARE AND HUMAN SERVICES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CLINICS - ALTAMED OPERATES A TOTAL OF 30 PRIMARY CARE AND DENTAL CLINICS IN LOS ANGELES AND ORANGE COUNTIES. ADDITIONALLY, 1 MOBILE UNITS OFFER MEDICAL, DENTAL, AND COMMUNITY OUTREACH. IN 2021, THE 7 CLINICS IN ORANGE COUNTY AND 23 CLINICS IN LOS ANGELES COUNTY SAW OVER 238,000 PATIENTS. IN 2021 THE DENTAL CLINICS, MOBILE UNIT, AND 6 PORTABLE ORAL HEALTH UNITS PROVIDED DENTAL CARE TO OVER 44,400 CHILDREN AND ADULTS. ALTAMED PROVIDES INTEGRATED SERVICES THAT INCLUDE PERINATAL SERVICES, PEDIATRIC AND ADOLESCENT CARE, FAMILY HEALTH, BEHAVIORAL HEALTH, WOMEN'S HEALTH, AND GERIATRIC CARE. THROUGH ITS EDUCATION DEPARTMENT, ALTAMED PROVIDES PROGRAMMING FOR PATIENTS WITH OBESITY AND OTHER CHRONIC CARE CONDITIONS. OTHER SERVICES INCLUDE LAB TESTING, RADIOLOGY, TRANSPORTATION, TRANSLATION, AND OTHER ENABLING SERVICES.IN THE YEARS OF THE PANDEMIC, ALTAMED HAD TO PIVOT HEALTH CARE DELIVERY TO INCLUDE A VIRTUAL FORMAT, INTRODUCE COVID SCREENINGS, ADMINISTER COVID VACCINATIONS, AND CHANGE MANY CLINIC PROCESS FLOWS TO MAINTAIN SAFETY FOR PATIENTS AND STAFF. PARTNERSHIPS WITH THE DEPT. OF PUBLIC HEALTH, CITIES, GOVERNMENT, AND MEDIA INSURED WE KEPT THE COMMUNITY EDUCATED ABOUT MAINTAINING THEIR HEALTH AND PROTECTION THROUGH THE PANDEMIC.THE MANAGED CARE TEAM IS COMPOSED OF OVER 360 STAFF MEMBERS DEDICATED TO MANAGING DELEGATED RISK FROM HEALTH PLANS. THIS TEAM CURRENTLY SERVICES OVER 328,000 UNIQUE CAPITATED LIVES IN LOS ANGELES AND ORANGE COUNTIES CALIFORNIA. THE MAJOR TEAMS INVOLVED WITH THESE OPERATIONS COVER: UTILIZATION MANAGEMENT, CASE MANAGEMENT, CLAIMS ADMINISTRATION, ELIGIBILITY, ACCOUNTING, INFORMATION TECHNOLOGIES, CONTRACTING, PROVIDER SERVICES, CREDENTIALING, CUSTOMER SERVICE, AND CONFIGURATION. FUNCTIONING AS A COHESIVE TEAM, THESE DEPARTMENTS GOAL IS TO PROVIDE HIGH QUALITY AND LOW COST CARE TO MEMBERS ENROLLED WITH ALTAMED.
LONG TERM CARE - EACH YEAR 3,000 FRAIL AND ELDERLY SENIORS AND DISABLED ADULTS ARE SUPPORTED BY AN ARRAY OF SERVICES THROUGH ALTAMED'S 11 PROGRAMS OF ALL-INCLUSIVE CARE FOR THE ELDERLY (PACE) SITES. SERVICES INCLUDE PRIMARY CARE/GERIATRIC MEDICINE, NURSING CARE, REHABILITATION THERAPY, FAMILY SUPPORT INTERVENTIONS, COUNSELING, MEDICATION MANAGEMENT, NUTRITION EDUCATION, SOCIAL ACTIVITIES, AND "DOOR THROUGH DOOR" TRANSPORTATION SERVICES BOTH TO PARTICIPANTS' HOMES AND SPECIALTY CARE MEDICAL APPOINTMENTS. ALTAMED ALSO PROVIDES SPECIALIZED IN-HOME SUPPORTIVE PROGRAMS AND SERVICES THAT ENHANCE THE LIVES OF NEARLY 4,500 SENIORS LIVING INDEPENDENTLY IN THE COMMUNITY OR WHO ARE AT-RISK OF INSTITUTIONALIZED CARE.
HIV SERVICES - WITH TWO DECADES OF EXPERIENCE AS A RYAN WHITE PART C PROVIDER, ALTAMED SERVES 2,000 CLIENTS ANNUALLY THROUGH HIV MEDICAL CARE SERVICES, AND 3,000 CLIENTS THROUGH HIV PREVENTION PROGRAMS. ALTAMED OPERATES ONE (1) HIV MEDICAL OUTPATIENT CLINICS IN LOS ANGELES COUNTY. ALTAMED'S HIV SERVICES DIVISION INCLUDES TRADITIONAL AND BIOMEDICAL HIV PREVENTION, MEDICAL CARE, MENTAL HEALTH, NUTRITION COUNSELING, ORAL HEALTH, CASE MANAGEMENT, AND SOCIAL SUPPORT SERVICES IN A ONE-STOP MODEL TO LATINX AND OTHER UNDERSERVED POPULATIONS.
YOUTH SERVICES - ALTAMED PROVIDES AN ARRAY OF YOUTH SERVICES TO OVER 1,200 AT-RISK TEENS AND YOUNG ADULTS IN MEDICALLY-UNDERSERVED COMMUNITIES EACH YEAR. SERVICES INCLUDE: PREGNANCY AND STD PREVENTION PROGRAMS, FAMILY PLANNING, HEALTH EDUCATION AND INFORMATION WORKSHOPS, LINKAGES TO CLINICAL SERVICES, CASE MANAGEMENT FOR PREGNANT/PARENTING TEENS, PARENTING EDUCATION, SUPPORT FOR PARENTING TEENS TO HELP THEM STAY IN SCHOOL AND LIFE-SKILLS DEVELOPMENT. ALTAMED ALSO PROVIDES INTENSIVE TUTORING FOR HIGH SCHOOL STUDENTS, MENTORSHIP, GUIDANCE INTO COLLEGE AND TECHNICAL SCHOOLS, AND WORKFORCE DEVELOPMENT WITH CAREER PIPELINES IN THE MEDICAL FIELD.THE ALTAMED INSTITUTE FOR HEALTH EQUITY (AIHE). THROUGH INNOVATION AND COMMUNITY ENGAGEMENT, THE WORK OF THE INSTITUTE IS TO ADDRESS A WIDE ARRAY OF HEALTH INEQUITIES THAT DISPROPORTIONATELY AFFECT RACIAL AND ETHNIC GROUPS, INCLUDING ADDRESSING THE MULTIPLE SOCIAL DETERMINANTS OF HEALTH WHICH LEAD TO DISPARITIES IN CLINICAL OUTCOMES. ALTAMED'S PATIENT POPULATION IS OVERWHELMINGLY FROM RACIAL/ETHNIC MINORITIES INCLUDING INDIVIDUALS WITH LIMITED ENGLISH PROFICIENCY THAT SUFFER DISPROPORTIONATELY FROM HEALTH DISPARITIES. THROUGH TRANSLATIONAL RESEARCH, GRANTS, AND STRATEGIC PARTNERSHIPS, THE INSTITUTE IS DEVELOPING EVIDENCE-BASED STRATEGIES TO IMPROVE PATIENT CARE. THE INSTITUTE REPRESENTS THE ESTABLISHMENT OF CRITICAL RESOURCES TO ADVISE ALTAMED HEALTH SERVICES ON SYSTEMATICALLY ADDRESSING KEY ISSUES IN HEALTH EQUITY BY DEVELOPING AND ADVANCING CONSENSUS STRATEGIES THAT ARE EFFECTIVE, SUSTAINABLE AND THAT CAN BE IMPLEMENTED LOCALLY.ALTAMED OFFERS 9 SPECIALTY CARE SERVICES TO REMOVE THE BARRIERS TO CARE MANY WERE EXPERIENCING WHEN TRYING TO ACCESS THESE MUCH NEEDED SERVICES. EXPANSION OF THE WORKFORCE PIPELINES CONTINUE TO EDUCATE AND TRAIN COMMUNITY MEMBERS IN MA, LVN, AND NURSE CAREER PATHWAYS. ALTAMED HAS GROWN THE NEWLY FORMED CIVIC ENGAGEMENT DEPARTMENT TO ADDRESS SOCIAL DETERMINANTS OF HEALTH AND TRAIN COMMUNITY MEMBERS ON HOW TO ADVOCATE AT THE GRASSROOTS LEVEL FOR INCREASED AND PARTICULAR HEALTH ACCESS AND REFORMS, AND ENCOURAGE COMMUNITY TO GET INVOLVED WITH LOCAL ISSUES AND VOTE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Castulo Dela Rocha JD President & CEO | Officer | 40 | $1,351,160 |
Anna Tran Sr.strategy Executive | Officer | 40 | $766,040 |
Zoila Escobar Svp, Chief Admin Officer | Officer | 40 | $640,278 |
Rico Cristian Interim Cmo | Officer | 40 | $636,437 |
Efrain Talamantes Svp, Hs Chief Operating Of | Officer | 40 | $634,183 |
Jose U Esparza SVP Finance & CFO | Officer | 40 | $626,108 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Health Talent 2 Staffing Agency | 12/30/21 | $34,993,123 |
First American Title Insurance Company Insurance Services | 12/30/21 | $30,165,158 |
Anthem Blue Cross Health Insurance | 12/30/21 | $29,241,811 |
Childrens Hospital La Medical Group Medical Services | 12/30/21 | $16,646,774 |
Vincor Construction Inc Construction Services | 12/30/21 | $8,717,949 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $59,831,177 |
Investment income | $20,678,753 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$3,504,647 |
Net Income from Fundraising Events | $21,292 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $871,232,823 |
Statement of Expenses | |
---|---|
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. | $6,920,663 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $256,995,313 |
Pension plan accruals and contributions | $5,477,403 |
Other employee benefits | $37,128,568 |
Payroll taxes | $17,633,530 |
Fees for services: Management | $43,024,176 |
Fees for services: Legal | $455,679 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $497,310 |
Fees for services: Other | $249,464,171 |
Advertising and promotion | $7,383,671 |
Office expenses | $3,319,315 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $10,889,081 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $6,572,745 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $21,878,592 |
Insurance | $5,990,255 |
All other expenses | $0 |
Total functional expenses | $800,489,035 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $50,891,319 |
Savings and temporary cash investments | $15,614,526 |
Pledges and grants receivable | $4,137,654 |
Accounts receivable, net | $24,576,945 |
Loans from Officers, Directors, or Controlling Persons | $33,146,360 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $13,258,223 |
Inventories for sale or use | $1,594,396 |
Prepaid expenses and deferred charges | $9,069,495 |
Investments—publicly traded securities | $523,153,071 |
Investments—other securities | $20,469,821 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $23,064,267 |
Total assets | $1,022,946,635 |
Accounts payable and accrued expenses | $132,293,289 |
Grants payable | $0 |
Deferred revenue | $16,973,103 |
Tax-exempt bond liabilities | $167,032,147 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $21,373,911 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $358,162 |
Total liabilities | $338,030,612 |
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 | $0 |
Total liabilities and net assets/fund balances | $684,916,023 |
Over the last fiscal year, Altamed Health Services Corp has awarded $50,232,750 in support to 13 organizations.
Grant Recipient | Amount |
---|---|
Los Angeles, CA PURPOSE: REDUCE HEALTH DISPARITY IN UNDERSERVED COMMUNITIES. | $50,000,000 |
Long Beach, CA PURPOSE: REDUCE HEALTH DISPARITY IN UNDERSERVED COMMUNITIES. | $35,000 |
alexandria, VA PURPOSE: REDUCE HEALTH DISPARITY IN UNDERSERVED COMMUNITIES. | $25,750 |
Sylmar, CA PURPOSE: REDUCE HEALTH DISPARITY IN UNDERSERVED COMMUNITIES. | $25,000 |
San Antonio, TX PURPOSE: REDUCE HEALTH DISPARITY IN UNDERSERVED COMMUNITIES. | $25,000 |
Glendale, CA PURPOSE: REDUCE HEALTH DISPARITY IN UNDERSERVED COMMUNITIES. | $25,000 |
Over the last fiscal year, we have identified 19 grants that Altamed Health Services Corp has recieved totaling $1,343,685.
Awarding Organization | Amount |
---|---|
Essential Access Health Los Angeles, CA PURPOSE: TO ASSIST WITH PROVISION OF FAMILY PLANNING AND OUTREACH SERVICES TO ELIGIBLE INDIVIDUALS AND FAMILIES IN THE STATE OF CALIFORNIA. | $561,542 |
Catalyst Institute Inc Boston, MA PURPOSE: This proposal is to support AltaMed Health services in advancing regional policy and systems change to address the social determinants of oral health through a care-and-community integrated approach that centers racial equity. | $150,000 |
California Healthcare Foundation Oakland, CA PURPOSE: EVALUATION OF FOTONOVELA TEXT INTERVENTION FOR LATINX PATIENT ENGAGEMENT | $90,281 |
Ralph M Parsons Foundation Los Angeles, CA PURPOSE: TO BUILD CAPACITY FOR TELEHEALTH SERVICES IN LOS ANGELES COUNTY | $75,000 |
Kaiser Foundation Hospitals Oakland, CA PURPOSE: Research | $56,942 |
Scan Health Plan Long Beach, CA PURPOSE: A GRANT FROM SCAN WILL PROVIDE STAFFING SUPPORT FOR A PATIENT NAVIGATOR TO PROVIDE OLDER ADULT OUTREACH, EDUCATION AND SCHEDULING OF COVID VACCINATION APPOINTMENTS. | $50,000 |
Organization Name | Assets | Revenue |
---|---|---|
Altamed Health Services Corp Los Angeles, CA | $1,022,946,635 | $871,232,823 |
John Muir Physician Network Walnut Creek, CA | $217,370,876 | $548,794,015 |
City Of Hope Medical Foundation Duarte, CA | $286,816,667 | $476,301,435 |
Centro De Salud De La Comunidad De San Ysidro Inc San Diego, CA | $238,636,758 | $351,274,319 |
Sansum Clinic Santa Barbara, CA | $164,070,911 | $365,937,276 |
Pih Health Physicians Whittier, CA | $74,326,423 | $251,608,317 |
Adventist Health Physicans Network Roseville, CA | $39,004,576 | $214,976,388 |
El Rio Santa Cruz Neighborhood Health Center Inc Tucson, AZ | $174,632,326 | $224,059,717 |
Covid Clinic Inc Huntington Beach, CA | $42,754,746 | $198,823,036 |
Tuba City Regional Health Care Corporation Tuba City, AZ | $285,457,726 | $234,575,569 |
Clinica Sierra Vista Bakersfield, CA | $144,486,589 | $165,739,436 |
United Health Centers Of The San Joaquin Valley Fresno, CA | $268,106,783 | $188,055,938 |