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Caresource Ohio Inc

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

EIN: 311143265 ✦ Dayton, OH ✦ Designated as a 501(c)(3)

Overview

What is Caresource Ohio Inc?

CareSource Ohio Inc, a Dayton, Ohio-based nonprofit organization, has been dedicated to enhancing the health and well-being of over 1.5 million Ohio residents for over three decades. With a focus on Medicaid consumers, including low-income families, children, pregnant women, disabled individuals, and the elderly, CareSource Ohio serves as a leading managed care provider in the state. The organization's mission extends beyond Ohio, offering services to dually eligible consumers for Medicare and Medicaid, Medicare Advantage consumers, and individuals with low-cost comprehensive coverage through the Federal Health Insurance Marketplace. CareSource Ohio's comprehensive approach includes forging strong regulatory relationships, having a broad network of over 52,000 providers, and investing in evidence-based initiatives to improve health outcomes. The organization also prioritizes social partnerships with community organizations to support longitudinal health management. CareSource Ohio's care management infrastructure consists of three levels to address the unique needs of each member, with a focus on prevention and quality care. Their commitment to quality is demonstrated through NCQA accreditation and their integrated care management program, which addresses both physical and behavioral health needs.


Official website here: www.caresource.com

Is Caresource Ohio Inc legitimate?

Caresource Ohio Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Caresource Ohio 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.caresource.com

What is the mission statement of Caresource Ohio Inc?

Caresource Ohio Inc is a nonprofit organization dedicated to making a lasting difference in the lives of its members by improving their health and well-being. Its mission is to transform lives through innovative health and life services. The organization serves over 1.5 million members, including those on Medicaid, Medicare Advantage, and the Federal Health Insurance Marketplace. Caresource Ohio focuses on prevention and evidence-based investments to improve member health, healthcare quality, and accessibility. It has a broad network of providers and collaborates with community partners to support longitudinal health management efforts. The organization's care coordination programs are tailored to members' unique physical, behavioral, and social health needs, with a focus on preventing members from escalating to high-risk status. Caresource Ohio has a robust care management infrastructure, including self-management, rising risk, and high-risk support, to address members' complex health needs. It utilizes evidence-based protocols, such as disease management programs, to conduct targeted interventions and improve overall health outcomes.


Official website here: www.caresource.com

Who is the CEO of Caresource Ohio Inc?

Erhardt Preitauer is the Chief Executive Officer of Caresource Ohio Inc. The CEO's salary of Caresource Ohio Inc is $0 and their total compensation is $7,910,538.


Official website here: www.caresource.com

What is the revenue of Caresource Ohio Inc?

Caresource Ohio Inc's revenue in 2022 was $10,064,129,024.


Official website here: www.caresource.com

Who are the executives of Caresource Ohio Inc and what are their salaries?

Here are 9 key members and their salaries (Caresource Ohio Inc's CEO's salary is $0 and their total compensation is $7,910,538):

    Erhardt Preitauer (Chief Executive Officer)
  • Compensation: $0
  • Related: $3,656,889
  • Other: $4,253,649

    • Jai Pillai (Chief Operating Officer)
  • Compensation: $0
  • Related: $1,235,514
  • Other: $871,311

    • Lawrence Smart (Chief Financial Officer)
  • Compensation: $0
  • Related: $1,072,888
  • Other: $998,867

    • Scott Markovich (Evp Markets & Products, Dir) [Trustee/Director]
  • Compensation: $0
  • Related: $966,866
  • Other: $950,975

    • Stephen Ringel (President Market, Director)
  • Compensation: $0
  • Related: $820,988
  • Other: $716,902

    • Daniel Mccabe (Chief Admin Officer (To 4/22))
  • Compensation: $0
  • Related: $1,505,969
  • Other: $14,895

    • Stephanie Williams (Svp Ch Acty, Dir (Eff 4/22)) [Trustee/Director]
  • Compensation: $0
  • Related: $524,391
  • Other: $577,351

    • William Coffin Jr (Vp Mkt Finance, Dir (To 4/22)) [Trustee/Director]
  • Compensation: $0
  • Related: $524,895
  • Other: $22,301

    • David Finkel (Former Evp Markets, Director)
  • Compensation: $0
  • Related: $194,579
  • Other: $0


  • Official website here: www.caresource.com

    Where can I find the form 990 for Caresource Ohio Inc?

    The Caresource Ohio Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.caresource.com

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

    Mission Statement of Caresource Ohio Inc

    Caresource Ohio Inc, a leading nonprofit managed care organization, is dedicated to making a lasting difference in the lives of its members by improving their health and well-being. With a mission to transform lives through innovative health and life services, the organization has been serving over 1.5 million members in Ohio for over thirty-three years.

    Caresource Ohio Inc's primary focus is on Medicaid members, including families with low income, children, pregnant women, adoption and foster kids, those who are aged, blind or disabled. The organization also caters to dually eligible consumers for Medicare and Medicaid, Medicare Advantage consumers, and individuals and families with a Qualified Health Plan.

    Caresource Ohio Inc's approach to care is geared towards prevention, with a goal of improving member health, the quality of health care services received, and accessibility of health care services for Medicaid members. They have made an organizational commitment to make evidence-based investments towards improving health outcomes for members. The organization's services are designed to blend the recommendations of the Triple Aim framework and principles of population health management best practices, while leveraging emerging technological and analytic solutions to make measurable positive impacts in the health of the communities they serve.

    Caresource Ohio Inc maintains a broad, statewide network of over 52,000 providers, including primary care and specialist physicians, hospitals, nursing facilities, home health care agencies, and other medical providers. They incentivize certain providers through a value-based incentive model to deliver quality-based services that impact Healthcare Effectiveness Data and Information Set (HEDIS) measures. Caresource Ohio Inc has created a robust care management infrastructure that consists of three levels of member care to accelerate care transformation for each and every member. This design allows them to focus on preventing lower-risk and rising risk members from escalating to high-risk over time, while still tending to the one-to-one care management needs of high-risk populations.

    Through targeted programs like Disease Management, Behavioral Health, and transitions of care, Caresource Ohio Inc focuses on achieving health and maintaining wellness to the highest level possible for each member. The organization's commitment to quality is demonstrated through its National Committee for Quality Assurance (NCQA) accreditation for its qualified Health Insurance Marketplace and Medicaid Health plans. Caresource Ohio Inc has implemented an integrated care model to empower members to become engaged and actively participate in their health and well-being. The CareSource Integrated Care Management program supports a member's holistic physical and behavioral health needs, employing a multi-faceted, evidence-based approach to achieve the best possible health outcomes.

    Impact

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




    Thursday, August 15, 2024

    CareSource Ohio Inc's impact can be seen through its commitment to improving the health and well-being of its members. With a focus on preventive care, quality health services, and accessibility, CareSource Ohio has made significant strides in enhancing the overall health outcomes of the communities it serves. By partnering with providers and community organizations, implementing evidence-based interventions, and incentivizing quality care, CareSource Ohio is able to drive positive changes in member health. Through programs like integrated care management, disease management, and specialized initiatives for women and children's health, CareSource Ohio is working towards transforming lives and making a lasting difference in the well-being of its 1.5 million members in Ohio.





    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: $53,326,439
  • Program Service Revenue: $10,010,802,585
  • Gross Receipts: $13,158,732,350

    • Assets and Liabilities:
  • Total Assets: $2,667,085,761
  • Total Liabilities: $1,267,345,373
  • Net Assets: $1,399,740,388
  • Programs

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

    MEDICAID

    Revenue

    $9,237,051,917

    PREMIUMS

    Revenue

    $724,988,560

    MEDICARE ADVANTAGE

    Revenue

    $48,762,108

    Organization Details

    Founding Year

    1985

    Principal Officer

    Erhardt Preitauer

    Main Address

    PO Box 8738, Dayton, OH, 454018738

    NTEE Category

    Code: E83 - Health

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