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Mount Carmel Health Plan Inc

Medigold

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

EIN: 311471229 ✦ Columbus, OH ✦ Designated as a 501(c)(4)

Overview

What is Mount Carmel Health Plan Inc?

Mount Carmel Health Plan Inc, also known as MEDIGOLD, is a nonprofit organization established in 1996 as a subsidiary of Mount Carmel Health System, a tax-exempt healthcare system under IRC Section 501(c)(3). Based in Columbus, Ohio, MEDIGOLD was initially formed to provide comprehensive health care coverage to seniors in Central Ohio. In 2021, its service area expanded to parts of Iowa. This health plan offers benefits through a Medicare Advantage Plan approved by the Centers for Medicare and Medicaid Services (CMS), providing an alternative to traditional Medicare coverage for seniors and other Medicare beneficiaries in 39 Ohio and 13 Iowa counties. MEDIGOLD entered into a contract with CMS in 1996 as part of a demonstration program. Members of MEDIGOLD elect to have the benefits of Medicare Part A and Part B administered by the organization instead of the federal government. In addition to covering everything that the federal Medicare program covers, MEDIGOLD offers extra benefits such as unlimited inpatient hospital days, outpatient surgery for a small copayment, diagnostic and testing services, home health care, skilled nursing care, prescription drug benefits, physician office visits with fixed copayments, and unlimited generic drug coverage. Mount Carmel Health Plan is recognized for providing excellent value to seniors and has consistently received high marks for customer satisfaction and service in Ohio, as measured by the CMS CAHPS surveys. Working in collaboration with employers, individual members, physicians, healthcare providers, and community and governmental agencies, MEDIGOLD is a community-based managed healthcare organization that strives to continually improve the health of its members by providing exceptional coverage and access to high-quality and cost-effective care.


Official website here: www.medigold.com

Is Mount Carmel Health Plan Inc legitimate?

Mount Carmel Health Plan Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Mount Carmel Health Plan 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 not tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $1,931,309
Professional Fundraising Fees: $0
Other Salaries and Wages: $16,461,812

For more financial information, click here


Official website here: www.medigold.com

What is the mission statement of Mount Carmel Health Plan Inc?

Mount Carmel Health Plan Inc is a non-profit organization under Mount Carmel and Trinity Health, serving communities in the spirit of the gospel as a compassionate healing presence. Established in 1996, its mission is to provide comprehensive healthcare coverage to seniors through a Medicare Advantage Plan (Medigold), approved by the Centers for Medicare and Medicaid Services (CMS). The plan offers additional benefits beyond traditional Medicare, such as unlimited inpatient hospital days, outpatient surgery, and diagnostic testing services, among others. Mount Carmel Health Plan is recognized for providing excellent value to seniors and consistently receiving high marks for customer satisfaction and service. As an integral part of Mount Carmel Health System, it collaborates with various stakeholders to improve the health of its members by providing exceptional coverage and access to high-quality, cost-effective care.


Official website here: www.medigold.com

Who is the CEO of Mount Carmel Health Plan Inc?

Jack Randolph is the Director; President & Ceo of Mount Carmel Health Plan Inc. The CEO's salary of Mount Carmel Health Plan Inc is $0 and their total compensation is $919,569.


Official website here: www.medigold.com

What is the revenue of Mount Carmel Health Plan Inc?

Mount Carmel Health Plan Inc's revenue in 2022 was $560,054,340.


Official website here: www.medigold.com

Who are the executives of Mount Carmel Health Plan Inc and what are their salaries?

Here are 18 key members and their salaries (Mount Carmel Health Plan Inc's CEO's salary is $0 and their total compensation is $919,569):

    Lorraine Lutton (Director & Mount Carmel Ceo)
  • Compensation: $0
  • Related: $1,277,941
  • Other: $288,723

    • Jack Randolph (Director; President & Ceo)
  • Compensation: $0
  • Related: $737,128
  • Other: $182,441

    • Daniel Wendorff Md (Director; Chair; Pres, Hlth Partners)
  • Compensation: $0
  • Related: $510,056
  • Other: $43,486

    • Andy Priday (Mount Carmel Cfo As Of 7/22)
  • Compensation: $0
  • Related: $405,211
  • Other: $54,083

    • Greg Wise Md (Medical Director Mchp)
  • Compensation: $0
  • Related: $412,420
  • Other: $31,123

    • Kimberly Hodgkinson (Mount Carmel Cfo Through 6/22)
  • Compensation: $0
  • Related: $405,351
  • Other: $27,466

    • Peter Constant (Chief Strategic Growth Officer)
  • Compensation: $0
  • Related: $339,482
  • Other: $52,034

    • David Vis (Asst Treasurer;Vp Finance Operations)
  • Compensation: $0
  • Related: $345,335
  • Other: $15,709

    • Carlos Alvarado (Chief Administrative Officer)
  • Compensation: $0
  • Related: $293,929
  • Other: $41,328

    • Patrick Mcmahon (Vice President, Network Development)
  • Compensation: $0
  • Related: $300,590
  • Other: $15,434

    • Liza Paul (Vice President, Health Services Mchp)
  • Compensation: $0
  • Related: $243,169
  • Other: $52,420

    • Chris Turoff (Director, Pharmacy Mchp)
  • Compensation: $0
  • Related: $262,112
  • Other: $15,153

    • Trisha Whetstone (Asst Secretary; Mchs Assoc Counsel)
  • Compensation: $0
  • Related: $192,972
  • Other: $41,472

    • Lynn Thayer (Director, Claims Operations)
  • Compensation: $0
  • Related: $184,297
  • Other: $34,316

    • Joseph Patrick Jr (Director; Treasurer; Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Cynthia Dellecker (Director Through 2/23)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Todd Fox (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Steve Lundregan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.medigold.com

    Where can I find the form 990 for Mount Carmel Health Plan Inc?

    The Mount Carmel Health Plan Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.medigold.com

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

    Mission Statement of Mount Carmel Health Plan Inc

    Mount Carmel Health Plan, a nonprofit organization and wholly owned subsidiary of Mount Carmel and Trinity Health, serves communities with compassion and transformation, grounded in the spirit of the gospel. Established in 1996 to provide comprehensive healthcare coverage to seniors in Central Ohio, the plan expanded its reach to parts of Iowa in 2021. As part of Mount Carmel and Trinity Health, Mount Carmel Health Plan is committed to improving the health of its members in collaboration with various stakeholders.

    Mount Carmel Health Plan offers a Medicare Advantage Plan (Medigold) approved by the Centers for Medicare and Medicaid Services (CMS), enabling seniors and other Medicare beneficiaries to choose the organization to administer their Medicare Part A and Part B benefits. The plan also provides pharmaceutical coverage under Medicare Part D. In addition to covering all services as required by the federal Medicare program, Mount Carmel Health Plan offers extra benefits such as unlimited inpatient hospital days covered at 100% with no deductible, outpatient surgery for a small copayment, and prescription drug benefits. The organization has consistently received high marks for customer satisfaction and service in Ohio and is recognized as providing the best value to seniors in the Central Ohio market.

    Mount Carmel Health Plan collaborates with employers, individual members, physicians, healthcare providers, and community and governmental agencies to continually improve the health of its members by providing exceptional coverage and access to high-quality and cost-effective care. The organization's mission resonates with its reputation for delivering value, customer satisfaction, and exceptional health services to its members.

    Impact

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




    Thursday, August 15, 2024

    Mount Carmel Health Plan Inc's impact can be seen through its operation of a Medicare HMO for seniors in Central Ohio and parts of Iowa. Since its formation in 1996, Mount Carmel Health Plan has been providing comprehensive health care coverage to seniors, offering benefits through a Medicare Advantage plan (MediGold) approved by the Centers for Medicare and Medicaid Services (CMS). By administering Medicare Part A and Part B benefits, as well as pharmaceutical coverage under Medicare Part D, Mount Carmel Health Plan ensures coverage for a wide range of services, including inpatient hospital days, outpatient surgery, diagnostic services, home health care, and prescription drugs.

    The organization has been recognized for providing the "best value to seniors" in the Central Ohio market, receiving high marks for customer satisfaction and service according to CMS surveys. As part of the Mount Carmel Health System, Mount Carmel Health Plan works collaboratively with employers, individual members, physicians, and community and governmental agencies to improve the health of its members by providing access to high-quality and cost-effective care.

    Through its commitment to serving the community and its dedication to compassionate and transformative healing, Mount Carmel Health Plan plays a significant role in ensuring seniors have access to the healthcare services they need to lead healthy and active lives.





    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: $5,985,841
  • Program Service Revenue: $551,960,185
  • Gross Receipts: $562,351,420

    • Assets and Liabilities:
  • Total Assets: $479,700,585
  • Total Liabilities: $115,596,206
  • Net Assets: $364,104,379
  • Programs

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

    MEDICARE PAYMENTS

    Revenue

    $521,020,476

    MEMBER PREMIUMS

    Revenue

    $30,939,709

    Organization Details

    Founding Year

    1996

    Principal Officer

    Jack Randolph

    Main Address

    3100 EASTON SQUARE PL 300, COLUMBUS, OH, 432196290

    NTEE Category

    Code: E83 - Health

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