NonprofitsHealthfirst Phsp Inc

Health Care

Healthfirst Phsp Inc

NEW YORK, NY

Total revenue

$12.2B

Total expenses

$12.0B

Net assets

$1.6B

Grants received

$280K

1 grants

EIN

133783732

Tax year

2024

Mission

IMPROVE THE HEALTH & WELL-BEING OF UNDER- served populations by providing gov't purchased prepaid healthcare coverage to individuals covered under medicaid and other health progs.

Programs

2 programs

Health and recovery plan (harp): healthfirst phsp, inc. (phsp) is a licensed prepaid health services plan that provides comprehensive prepaid health care coverage to medicaid eligible individuals that have serious behavioral health diagnoses. The harp program was introduced in 2015 and is a managed care program within medicaid. For 2024 there were 38,017 members enrolled in phsp's harp program.

Expenses: $943.0M

Essential plan (ep): healthfirst phsp, inc. (phsp) is a licensed prepaid health services plan that provides comprehensive prepaid health care coverage to beneficiaries of government health care coverage programs. Ep is a program which covers individuals who would otherwise be eligible for either certain categories of expanded medicaid coverage or significant subsidies for qualified health plan (qhp) for little or no member contribution. For 2024 there were 554,466 members enrolled in phsp's ep plan.

Expenses: $2.9B

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$12.0B
Investment income$152.5M
Other revenue
Total revenue$12.2B

Expenses

Grants paid
Salaries & benefits
Fundraising
Other expenses$12.0B
Total expenses$12.0B
Total assets$4.2B
Net assets$1.6B

People

15 listed

NameRoleCompensation

PATRICIA J WANG

PRESIDENT AND CEO

Board

1 hrs/wk

JOHN J BERMEL

CHIEF FINANCIAL OFFICER

Board

1 hrs/wk

JAY A SCHECHTMAN

CHIEF MEDICAL OFFICER

Board

1 hrs/wk

ERROL PIERRE

SVP State Programs

Board

1 hrs/wk

KATHRYN HOWELL

CLO and General Counsel

Board

1 hrs/wk

DEREK LAM

VP Delivery System Innovation

Board

1 hrs/wk

ROBERT P BLANCHARD

Treasurer

Board

1 hrs/wk

STEPHEN ROSENTHAL

DIRECTOR

Board

1 hrs/wk

David Evangelista

DIRECTOR

Board

1 hrs/wk

GERALD T SWEENEY

SVP CHIEF INFORMATION OFFICER

Staff

1 hrs/wk

SEAN KANE

CHIEF HR OFFICER

Staff

1 hrs/wk

KAREN WEINSEISS

SVP Operations

Staff

1 hrs/wk

BARBARA MONTRESOR

SVP Comm & Marketing

Staff

1 hrs/wk

JENNIFER COHEN

SVP MEDICARE

Staff

1 hrs/wk

LINDA TIANO

CLO/SECRETARY ENDED 6/2023

Staff

0

Independent contractors

NYC HEALTH AND HOSPITAL CORP

MEDICAL/HOSPITAL

$863.0M

MONTEFIORE MEDICAL CENTER

MEDICAL/HOSPITAL

$851.4M

CVS PHARMACY INC

PHARMACY

$751.9M

NY PRESBYTERIAN HOSP-COLUMBIA

MEDICAL/HOSPITAL

$731.7M

NYU LUTHERAN FAMILY HEALTH CENTER

MEDICAL/HOSPITAL

$353.6M

Grants received

Showing 1 of 1

FromAmountPurposeYear
$280K
POVERTY RELIEF
2024

Funded by

$280K from 1 funder · 1 grant · 2024

Robin Hood Foundation

$280K · 1 grant · 2024

Details

EIN133783732
NTEE codeE310
Subsection03
Ruling date1995-11
Formed1994
Employees0
Volunteers0