Overview
What is Patient Access Network Foundation?
The Patient Access Network Foundation is a Washington, D.C.-based nonprofit organization dedicated to helping underinsured individuals with life-threatening, chronic, and rare diseases afford their necessary medications and treatments. With the support of donors, healthcare providers, and pharmacies across the United States, the foundation covers out-of-pocket costs like premiums, deductibles, co-payments, and coinsurance for thousands of patients, enabling them to access crucial treatments and improve their quality of life. In 2022, the organization assisted over 132,000 patients and paid more than 741,000 claims for their out-of-pocket medication costs. The Patient Access Network Foundation operates under an advisory opinion issued by the U.S. Department of Health and Human Services, Office of the Inspector General.
Official website here: www.panfoundation.org
Is Patient Access Network Foundation legitimate?
Patient Access Network Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Patient Access Network Foundation 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: $1,552,172
Professional Fundraising Fees: $606,117
Other Salaries and Wages: $5,560,279
For more financial information, click here
Official website here: www.panfoundation.org
What is the mission statement of Patient Access Network Foundation?
The Patient Access Network Foundation is dedicated to helping underinsured individuals with life-threatening, chronic, and rare diseases afford the medications and treatments they need. Through advocacy and financial assistance, this organization bridges the gap for patients facing high out-of-pocket costs. With the support of generous donors and in collaboration with healthcare providers and pharmacies across the U.S., the Patient Access Network Foundation covers premiums, deductibles, co-payments, and coinsurance for thousands of underinsured patients. By doing so, these patients receive the necessary treatments to effectively manage their conditions and enhance their quality of life. In 2022, the foundation assisted 132,729 patients and paid over 741,000 claims for patients' out-of-pocket costs, contributing significantly to their wellbeing. The Patient Access Network Foundation operates under an advisory opinion issued by the U.S. Department of Health and Human Services, Office of the Inspector General (OIG Advisory Opinion 07-18).
Official website here: www.panfoundation.org
Who is the CEO of Patient Access Network Foundation?
Kevin Hagan is the Chair of Patient Access Network Foundation. The CEO's salary of Patient Access Network Foundation is $365,813 and their total compensation is $365,813.
Official website here: www.panfoundation.org
What is the revenue of Patient Access Network Foundation?
Patient Access Network Foundation's revenue in 2022 was $284,201,023.
Official website here: www.panfoundation.org
Who are the executives of Patient Access Network Foundation and what are their salaries?
The average compensation at Patient Access Network Foundation during 2022 was $35,741. There are 199 employees at Patient Access Network Foundation.
Here are 24 key members and their salaries (Patient Access Network Foundation's CEO's salary is $365,813 and their total compensation is $365,813):
- Kevin Hagan (President & Ceo)
- Daniel Klein (Former President & Ceo)
- Nechumah Getz (Chief Strategy & Operations Officer)
- Ayesha Azam (Vice President Of Medical Affairs)
- Scott Schlenoff (Cfo & Treasurer)
- Amy Niles (Chief Advocacy & Engagement Officer)
- Richard Citrenbaum (Vice President, Patient Support Services)
- Leena Patel (Vice President Of Development)
- Joel Straus (Controller)
- Stuart Cherande-Friedman (Senior Director Of Special Projects)
- Deanna Banks (Chair) [Trustee/Director]
- James Dunlop (Secretary) [Trustee/Director]
- Wendy Bullington (Director)
- Joseph D'Avella (Director)
- Jonas De Souza (Director)
- Mary Findley (Director)
- Christopher Graham (Director)
- Jeffrey King (Director)
- Anna Mckean (Director)
- Winfred Parnell (Director)
- Gary Thomas (Director)
- Nancy Mcgee (Vice Chair) [Trustee/Director]
- Miriam Atkins (Director)
- Howard Weinberg (Director)
Official website here: www.panfoundation.org
Where can I find the form 990 for Patient Access Network Foundation?
The Patient Access Network Foundation’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.panfoundation.org
Learn more at the official website: www.panfoundation.org
Mission Statement of Patient Access Network Foundation
The Patient Access Network Foundation, or PAN Foundation, is a nonprofit organization dedicated to helping underinsured individuals with life-threatening, chronic, and rare diseases afford the necessary medications and treatments for their conditions. By covering out-of-pocket costs such as premiums, deductibles, co-payments, and coinsurance, PAN Foundation empowers thousands of patients to access the treatments they need, ultimately improving their quality of life.
In 2022 alone, the PAN Foundation provided assistance to 132,729 patients, settling over 741,000 claims related to their critical medications' out-of-pocket costs. This assistance ensured that patients could maintain their treatments, enabling them to manage their conditions more effectively. The organization operates under an advisory opinion issued by the U.S. Department of Health and Human Services, Office of the Inspector General (OIG Advisory Opinion 07-18).
The Patient Access Network Foundation is a beacon of hope for those facing financial barriers to crucial treatments. With the support of generous donors and collaborations with healthcare providers and pharmacies nationwide, PAN Foundation bridges the gap between the financial burden of treatments and the ability of underinsured patients to access the care they require. This commitment to improving access and affordability has led to the betterment of countless lives, ensuring that everyone, regardless of their financial situation, can receive the treatments they need to live their best possible life.
Impact
This information is meant to be a general summary of Patient Access Network Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
The Patient Access Network Foundation helps underinsured individuals with life-threatening, chronic, and rare diseases by covering their out-of-pocket costs for medications and treatment. By paying for premiums, deductibles, co-payments, and coinsurance, the foundation enables thousands of underinsured patients to access necessary treatments, improving their quality of life and helping them manage their conditions effectively. In 2022, the foundation assisted 132,729 patients and paid over 741,000 claims for patients' out-of-pocket costs for critical medications. Operating under an advisory opinion from the U.S. Department of Health and Human Services, Office of the Inspector General, the Patient Access Network Foundation plays a crucial role in advocating for improved access and affordability in healthcare.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Organization Details
Founding Year
2004
Phone
(202) 347-9272
Principal Officer
Kevin Hagan
Main Address
805 15TH STREET NW 500, WASHINGTON, DC, 20005
Website
www.panfoundation.org
NTEE Category
Code: E80 - Health
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