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Franciscan Aco Inc

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

EIN: 351904455 ✦ Indianapolis, IN ✦ Designated as a 501(c)(3)

Overview

What is Franciscan Aco Inc?

Franciscan Aco Inc, based in Indianapolis, Indiana, is a dedicated nonprofit organization committed to enhancing the healthcare experience for their beneficiaries. They provide coordinated, comprehensive care across hospitals, physician practices, and other healthcare providers, aiming to reduce overall medical costs. Their network includes partnerships with 14 tax-exempt hospitals, a multi-specialty group of primary and specialty-care providers, several employed healthcare groups, and additional healthcare partners. Through these collaborative efforts, Franciscan Aco Inc serves Medicare and other patients across Indiana and Illinois. The organization has been innovating care models since 2011, participating in the Medicare Shared Savings Program and expanding to accountable care organization partnerships with Medicare Advantage and commercially insured patient populations. Beneficiaries receive the added benefit of coordinated care services, including preventive health services and support for individuals with chronic health conditions.


Official website here: www.franciscanhealth.org/about-us/aco

Is Franciscan Aco Inc legitimate?

Franciscan Aco Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Franciscan Aco 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.franciscanhealth.org/about-us/aco

What is the mission statement of Franciscan Aco Inc?

Franciscan Aco Inc is committed to delivering coordinated, comprehensive healthcare to patients across various hospitals, physician practices, and other healthcare providers. Established in 2011, the organization has developed innovative care models, including participation in the Medicare Shared Savings Program (MSSP). Franciscan Aco Inc has expanded its reach by forming accountable care organization partnerships with Medicare Advantage and commercially insured patient populations. The organization enhances the healthcare experience for attributed patients, or beneficiaries, by coordinating preventive health services and care support for individuals with chronic health conditions. These services are provided through the ACO. Remarkably, beneficiaries retain the flexibility to see any doctor or healthcare provider while enjoying the benefits of a more coordinated care experience.


Official website here: www.franciscanhealth.org/about-us/aco

Who is the CEO of Franciscan Aco Inc?

Kevin D Leahy is the President And Director of Franciscan Aco Inc.


Official website here: www.franciscanhealth.org/about-us/aco

What is the revenue of Franciscan Aco Inc?

Franciscan Aco Inc's revenue in 2022 was $55,973,643.


Official website here: www.franciscanhealth.org/about-us/aco

Who are the executives of Franciscan Aco Inc and what are their salaries?

Here are 11 key members and their salaries:

    Kevin D Leahy (President And Director)
  • Compensation: $0
  • Related: $2,085,355
  • Other: $-100,816

    • Sister Jane Marie Klein (Chairperson And Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sister M Madonna Rougeau (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sister M Ann Kathleen Magiera (Treasurer And Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sister Lethia Marie Leveille (Secretary And Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Thomas Roberts Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Donald Kerner Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Thomas Gryzbek (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Allan Gillespie Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ernest Iannotta (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Susan Fryman (Director, Pace)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.franciscanhealth.org/about-us/aco

    Where can I find the form 990 for Franciscan Aco Inc?

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


    Official website here: www.franciscanhealth.org/about-us/aco

    Learn more at the official website: www.franciscanhealth.org/about-us/aco

    Mission Statement of Franciscan Aco Inc

    Franciscan Aco Inc, a pioneering healthcare organization, is dedicated to delivering coordinated and comprehensive care across hospitals, physician practices, and various healthcare providers. Established in 2011, the company has been instrumental in developing innovative care models. Currently, Franciscan Aco Inc participates in the Medicare Shared Savings Program (MSSP) and has expanded its reach to include partnerships with Medicare Advantage and commercially insured patient populations.

    Through these programs, the organization offers attributed patients, or beneficiaries, the added benefit of a more coordinated care experience. This involves the coordination of preventive health services and care coordination support for individuals with chronic health conditions, such as diabetes and congestive heart failure. Care coordination services are facilitated through the ACO, ensuring seamless communication and collaboration among healthcare providers. Remarkably, beneficiaries maintain the freedom to see any doctor or healthcare provider they choose.

    Franciscan Aco Inc's mission goes beyond just providing healthcare services. By participating in various programs, the organization enhances the overall healthcare experience for patients under its care. This commitment to quality care and collaboration among healthcare providers sets Franciscan Aco Inc apart in the healthcare industry.

    Impact

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




    Thursday, August 15, 2024

    Franciscan Aco Inc's impact lies in providing high-quality, coordinated, and comprehensive clinical care across hospitals, physician practices, and other healthcare providers to enhance the healthcare experience of patients under its care. Since 2011, Franciscan Aco Inc has been at the forefront of developing innovative care models to bring down the overall costs of medical care. Through partnerships with various healthcare providers and participation in programs such as the Medicare Shared Savings Program, Franciscan Aco Inc aims to offer coordinated care experiences that include preventive health services and care coordination support for patients with chronic health conditions. This organization's commitment to providing enhanced healthcare services contributes positively to the well-being of its beneficiaries and the communities it serves.





    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: $40,955,680
  • Gross Receipts: $55,973,643

    • Assets and Liabilities:
  • Total Assets: $19,218,258
  • Total Liabilities: $7,787,765
  • Net Assets: $11,430,493
  • Programs

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

    PACE PREMIUMS

    Revenue

    $26,712,139

    CARE MANAGEMENT REVENUE

    Revenue

    $3,833,023

    SHARED SAVINGS REVENUE

    Revenue

    $10,410,518

    Organization Details

    Founding Year

    1993

    Principal Officer

    Kevin D Leahy

    Main Address

    700 E SOUTHPORT ROAD, INDIANAPOLIS, IN, 46227

    NTEE Category

    Code: E11 - Health

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