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Healthcare Purchaser Alliance Of Maine

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 043845053 ✦ Falmouth, ME ✦ Designated as a 501(c)(3)

Overview

What is Healthcare Purchaser Alliance Of Maine?

The Healthcare Purchaser Alliance of Maine is a collaborative organization composed of private employers and public trusts, situated in Falmouth, Maine. With a mission to lower healthcare costs and enhance quality, the Alliance leverages collective action and innovative strategies. They utilize data to inform both employers and healthcare providers about variations in the quality and cost of care across Maine, supporting stakeholders in utilizing this data to enhance the value of care. Their offerings include group purchasing of prescriptions, a medical shopping tool to incentivize employees to select high-value providers, and various other programs designed to not only reduce healthcare costs but also encourage the use of high-value providers. Currently, the Alliance has a team of eight dedicated individuals working towards these goals.


Official website here: www.purchaseralliance.org/

Is Healthcare Purchaser Alliance Of Maine legitimate?

Healthcare Purchaser Alliance Of Maine is a legitimate nonprofit organization registered as a 501(c)(3) entity. Healthcare Purchaser Alliance Of Maine submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $575,432
Professional Fundraising Fees: $0
Other Salaries and Wages: $277,562

For more financial information, click here


Official website here: www.purchaseralliance.org/

What is the mission statement of Healthcare Purchaser Alliance Of Maine?

The Healthcare Purchaser Alliance of Maine is a collaborative organization consisting of private employers and public trusts, dedicated to lowering healthcare costs and improving quality in innovative ways. Through collective action and strategic initiatives, the alliance empowers its members to drive changes in Maine's healthcare market. Utilizing data, the alliance informs employers and healthcare providers about variations in the quality and cost of care across Maine. This data is then used to improve the value of healthcare services, ultimately encouraging the use of high-value providers. The alliance has developed several programs for employers, including group purchasing of prescription drugs, medical shopping tools, and centers of excellence, among others, aimed at reducing healthcare costs and promoting the use of efficient healthcare providers.


Official website here: www.purchaseralliance.org/

Who is the CEO of Healthcare Purchaser Alliance Of Maine?

Peter Hayes is the Board Member of Healthcare Purchaser Alliance Of Maine. The CEO's salary of Healthcare Purchaser Alliance Of Maine is $149,602 and their total compensation is $168,606.


Official website here: www.purchaseralliance.org/

What is the revenue of Healthcare Purchaser Alliance Of Maine?

Healthcare Purchaser Alliance Of Maine's revenue in 2022 was $1,439,003.


Official website here: www.purchaseralliance.org/

Who are the executives of Healthcare Purchaser Alliance Of Maine and what are their salaries?

The average compensation at Healthcare Purchaser Alliance Of Maine during 2022 was $106,624. There are 8 employees and 11 volunteers at Healthcare Purchaser Alliance Of Maine.

Here are 15 key members and their salaries (Healthcare Purchaser Alliance Of Maine's CEO's salary is $149,602 and their total compensation is $168,606):

    Peter Hayes (President & Ceo)
  • Compensation: $149,602
  • Related: $0
  • Other: $19,004

    • Sara Fitzgerald (Director Of Data Analytics)
  • Compensation: $132,108
  • Related: $0
  • Other: $20,160

    • Lisa Nolan (Director Of Value Based Pu)
  • Compensation: $121,298
  • Related: $0
  • Other: $6,080

    • Trevor Putnoky (Director Of Membership & C)
  • Compensation: $101,065
  • Related: $0
  • Other: $26,112

    • Sonya Bobalek (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nate Moody (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tracy Thibodeaux (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kristy Gould (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jennifer Kent (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Christopher Lockman (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Shonna Poulin-Guiterriez (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kiley Cyr (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Susan Norton (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Angela Bartlett (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kelly Landry (Secretary/Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.purchaseralliance.org/

    Where can I find the form 990 for Healthcare Purchaser Alliance Of Maine?

    The Healthcare Purchaser Alliance Of Maine’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.purchaseralliance.org/

    Learn more at the official website: www.purchaseralliance.org/

    Mission Statement of Healthcare Purchaser Alliance Of Maine

    The Healthcare Purchaser Alliance of Maine is a collaborative entity comprised of private employers and public trusts, dedicated to lowering healthcare costs and improving quality in the state's market. Their mission is to drive change by employing collective and innovative strategies. Through data analysis, they aim to inform employers and providers about the variations in the quality and cost of care provided across Maine. By utilizing this data, they support stakeholders in improving the value of care provided. The Alliance has developed a range of programs for employers, including group purchasing of RX, a medical shopping tool to incentivize employees to choose high-value providers, Star Captive, Centers of Excellence, and several others. These initiatives not only help reduce healthcare costs for employers but also encourage employees to utilize high-value providers.

    Impact

    This information is meant to be a general summary of Healthcare Purchaser Alliance Of Maine. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    The Healthcare Purchaser Alliance of Maine is dedicated to lowering healthcare costs and improving quality through collective action and innovative strategies. By using data to inform employers and providers about variations in the quality and cost of care provided across Maine, the Alliance supports these stakeholders in improving the value of care. Their programs for employers aim not only to reduce healthcare costs but also to encourage employees to utilize high-value providers. Program offerings include group purchasing of prescription drugs, a medical shopping tool to incentivize employees to choose high-value providers, STAR captive, centers of excellence, and others. Through collaborative efforts, the Alliance members are driving the change they want to see in Maine's healthcare market.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $93,002
  • Program Service Revenue: $661,488
  • Gross Receipts: $1,439,003

    • Assets and Liabilities:
  • Total Assets: $3,665,544
  • Total Liabilities: $1,249,692
  • Net Assets: $2,415,852
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    DATA MEMBERSHIP DUES

    Revenue

    $544,880

    DATA AND ANALYTIC SERV

    Revenue

    $67,301

    PROGRAM REVENUE

    Revenue

    $37,938

    EDUCATIONAL PROGRAMS

    Revenue

    $11,369

    Organization Details

    Founding Year

    2006

    Principal Officer

    Peter Hayes

    Main Address

    366 US ROUTE 1 3, FALMOUTH, ME, 04105

    NTEE Category

    Code: E01 - Health

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