Paramount Advantage

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

EIN: 203376102 ✦ Toledo, OH ✦ Designated as a 501(c)(3)

Overview

What is Paramount Advantage?

Paramount Advantage is a nonprofit organization based in Toledo, Ohio, that administers Ohio Medicaid health care coverage to eligible residents. They collaborate with healthcare providers to monitor and enhance performance, focusing on clinical outcomes, medical and behavioral services, and patient safety. Paramount Advantage has identified three strategic areas to identify high-risk patients, improve care, and enhance quality of life: diabetes care, maternal and newborn health, and behavioral health services. Their statewide, comprehensive panel of providers offers acute, preventative, behavioral health, pharmacy, dental, and vision care throughout Ohio, with over 48,000 providers exceeding state minimum requirements. The mission of Paramount Advantage is to facilitate the provision of healthcare services for eligible Ohio Medicaid consumers and promote better healthcare throughout the state, emphasizing preventative healthcare programs, coordinating services, and advocacy.


Official website here: www.paramounthealthcare.com

Is Paramount Advantage legitimate?

Paramount Advantage is a legitimate nonprofit organization registered as a 501(c)(3) entity. Paramount Advantage 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $37,260,237

For more financial information, click here


Official website here: www.paramounthealthcare.com

What is the mission statement of Paramount Advantage?

Paramount Advantage focuses on facilitating healthcare services for eligible Medicaid consumers in Ohio through a vast network of physicians, hospitals, and other providers. The organization's mission revolves around promoting preventative healthcare programs and coordinating services among members and providers. Paramount Advantage actively participates in programs and activities that provide related healthcare services, education, counseling, social services assistance, and advocacy for its Ohio Medicaid members. The organization's strategic priorities include identifying high-risk patients, improving care, and enhancing quality of life, with a particular focus on diabetes care, maternal and newborn health, and behavioral health services.


Official website here: www.paramounthealthcare.com

Who is the CEO of Paramount Advantage?

Terrence Metzger is the Chairman of Paramount Advantage. The CEO's salary of Paramount Advantage is $0 and their total compensation is $1,618,580.


Official website here: www.paramounthealthcare.com

What is the revenue of Paramount Advantage?

Paramount Advantage's revenue in 2022 was $259,665,042.


Official website here: www.paramounthealthcare.com

Who are the executives of Paramount Advantage and what are their salaries?

Here are 12 key members and their salaries (Paramount Advantage's CEO's salary is $0 and their total compensation is $1,618,580):

    Randall Oostra (Phs Pres. & Ceo - Part Year)
  • Compensation: $0
  • Related: $5,476,040
  • Other: $3,579

    • Steven M Cavanaugh (Treasurer, Cfo - Part Year)
  • Compensation: $0
  • Related: $2,435,815
  • Other: $41,525

    • Arturo Polizzi (President And Ceo)
  • Compensation: $0
  • Related: $1,605,830
  • Other: $12,750

    • Lori A Johnston (President) [Trustee/Director]
  • Compensation: $0
  • Related: $966,984
  • Other: $9,450

    • Jeffrey C Kuhn (Secretary, Chief Legal Officer - Part Year)
  • Compensation: $0
  • Related: $927,467
  • Other: $44,223

    • Stephen M Sadowski (Chief Legal Officer)
  • Compensation: $0
  • Related: $683,615
  • Other: $6,102

    • Gary W Akenberger (Former Treasurer, Coo, Metro Region)
  • Compensation: $0
  • Related: $466,247
  • Other: $33,651

    • Alan M Sattler (Former Treasurer, Vp Business Dev.)
  • Compensation: $0
  • Related: $252,074
  • Other: $7,396

    • John C Randolph (Former President, Coo Ppg)
  • Compensation: $0
  • Related: $236,928
  • Other: $0

    • James F White Jr (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Elaine Canning (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Louis Robichaux (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.paramounthealthcare.com

    Where can I find the form 990 for Paramount Advantage?

    The Paramount Advantage’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.paramounthealthcare.com

    Learn more at the official website: www.paramounthealthcare.com

    Mission Statement of Paramount Advantage

    Paramount Advantage, a healthcare organization dedicated to serving eligible Ohio Medicaid consumers, works tirelessly to facilitate the provision of comprehensive health care services. The mission of this entity is multifaceted, encompassing the coordination of care amongst a vast network of medical professionals, hospitals, and other providers. By promoting preventative health care programs, Paramount Advantage strives to improve the overall well-being of its members.

    Paramount Advantage's commitment to superior healthcare is underpinned by its strategic focus areas aimed at identifying high-risk patients, enhancing care, and improving quality of life. These areas include diabetes care, maternal and newborn health, and behavioral health services. The organization's extensive panel of providers, which exceeds 48,000 and surpasses state minimum requirements, ensures that access to acute, preventative, behavioral health, pharmacy, dental, and vision care is readily available throughout the state.

    In pursuit of its mission, Paramount Advantage champions the betterment of healthcare in Ohio. By participating in programs and initiatives that offer related healthcare services, education, counseling, social services assistance, and advocacy on behalf of its Ohio Medicaid members and the community at large, the organization is making a significant impact on the healthcare landscape within the state.

    Impact

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




    Thursday, August 15, 2024

    Paramount Advantage's impact lies in administering Ohio Medicaid health care coverage to eligible Ohio residents. The organization works closely with physicians and other providers to monitor and improve clinical outcomes, medical and behavioral services, and patient safety. Paramount Advantage is committed to clinical quality improvement, particularly through case management, with a strategic focus on identifying high-risk patients and improving care in areas such as diabetes, maternal and newborn health, and behavioral health services. The Advantage Network, consisting of over 48,000 providers, offers comprehensive health care services statewide, exceeding state minimum requirements. Through its mission, Paramount Advantage facilitates the provision of health care services for eligible Ohio Medicaid consumers and contributes to the betterment of health care throughout the state.





    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: $47,317,022
  • Program Service Revenue: $212,348,020
  • Gross Receipts: $500,755,380

    • Assets and Liabilities:
  • Total Assets: $207,974,426
  • Total Liabilities: $117,224,964
  • Net Assets: $90,749,462
  • Programs

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

    NET PATIENT SERVICES

    Revenue

    $212,348,020

    Organization Details

    Founding Year

    2005

    Principal Officer

    Terrence Metzger

    Main Address

    300 MADISON AVE 270, TOLEDO, OH, 43604

    NTEE Category

    Code: E31 - Health

    If you are a representative of Paramount Advantage 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.