Network Recovery Services Inc

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

EIN: 113160901 ✦ New york, NY ✦ Designated as a 501(c)(3)

Overview

What is Network Recovery Services Inc?

Network Recovery Services Inc, located in New York, is a nonprofit organization dedicated to supporting various healthcare entities, such as the New York and Presbyterian Hospital, through patient advocacy and various assessments and services. Their mission encompasses call center services, charity care assessments, eligibility determinations for healthcare coverage including Medicaid, early out services, medical record coding, accounts receivable follow-up, and other revenue cycle-related tasks. The organization's workforce comprises 204 employees. They contribute significantly to the healthcare sector by enhancing the administrative and support functions of related entities.


Is Network Recovery Services Inc legitimate?

Network Recovery Services Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Network Recovery Services Inc 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: $702,066
Professional Fundraising Fees: $0
Other Salaries and Wages: $10,596,317

For more financial information, click here


What is the mission statement of Network Recovery Services Inc?
What is the revenue of Network Recovery Services Inc?
Who are the executives of Network Recovery Services Inc and what are their salaries?

The average compensation at Network Recovery Services Inc during 2022 was $55,384. There are 204 employees at Network Recovery Services Inc.

Here are 18 key members and their salaries:


Where can I find the form 990 for Network Recovery Services Inc?

Mission Statement of Network Recovery Services Inc

Network Recovery Services Inc is a mission-driven organization dedicated to supporting various healthcare entities by offering patient advocacy and a range of assessment and service solutions. With a focus on enhancing the functionality of related healthcare institutions, Network Recovery Services, Inc. provides invaluable assistance to renowned organizations such as the New York and Presbyterian Hospital.

Network Recovery Services, Inc. plays a crucial role in ensuring the optimal operation of healthcare entities by offering various essential services. Their patient advocacy program empowers patients by providing them with guidance, resources, and support throughout their healthcare journey. Additionally, they run a call center, efficiently managing communications and addressing inquiries from patients and healthcare professionals alike.

Beyond patient advocacy and call center services, Network Recovery Services, Inc. offers comprehensive assessments and determinations of eligibility for healthcare coverage, including Medicaid. This valuable service enables healthcare entities to efficiently process applications and streamline their healthcare coverage processes. Furthermore, Network Recovery Services, Inc. offers early out services, medical record coding, accounts receivable follow-up services, and other revenue cycle-related services, capitalizing on opportunities as they arise. Their extensive portfolio of services ensures that healthcare entities receive the support they need to thrive and better serve their patients.

Impact

This information is meant to be a general summary of Network Recovery Services Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

Network Recovery Services Inc's impact is significant in supporting various related health care entities, such as the New York and Presbyterian Hospital, by providing essential services. These services include patient advocacy, call center support, charity care assessments, determining eligibility for health care coverage like Medicaid, early out services, medical record coding, accounts receivable follow-up services, and other revenue cycle-related services. By offering these vital functions, Network Recovery Services Inc plays a crucial role in ensuring efficient operations and patient care within the healthcare sector.





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: $0
  • Program Service Revenue: $44,936,995
  • Gross Receipts: $45,157,648

    • Assets and Liabilities:
  • Total Assets: $9,309,938
  • Total Liabilities: $9,294,588
  • Net Assets: $15,350
  • Programs

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

    COLLECTION REVENUE

    Revenue

    $44,936,995

    Organization Details

    Founding Year

    1993

    Main Address

    525 E 68TH STREET BOX 156, NEW YORK, NY, 10065

    NTEE Category

    Code: E80 - Health

    If you are a representative of Network Recovery Services Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.