Pharmaceutical Care Management Association

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

EIN: 383676760 ✦ Washington, DC ✦ Designated as a 501(c)(6)

Overview

What is Pharmaceutical Care Management Association?

The Pharmaceutical Care Management Association (PCMA) is a renowned nonprofit organization based in Washington, D.C. Representing America's Pharmacy Benefit Managers (PBMs), PCMA advocates for policy priorities that shape the federal and state legislative and regulatory environments. With over 43 employees, PCMA plays a crucial role in administering prescription drug plans for more than 270 million Americans with health insurance from various sponsors, including commercial health plans, self-insured employer plans, union plans, Medicare Part D plans, federal employee health benefits program, state government employee plans, managed Medicaid plans, and others. Their mission is to optimize prescription drug therapy for healthier lives and create a favorable environment for PBMs to achieve positive healthcare outcomes for patients by managing access to appropriate, affordable, and safe prescription drugs.


Official website here: www.pcmanet.org

Is Pharmaceutical Care Management Association legitimate?

Pharmaceutical Care Management Association is a legitimate nonprofit organization registered as a 501(c)(6) entity. Pharmaceutical Care Management Association 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: $4,252,307
Professional Fundraising Fees: $0
Other Salaries and Wages: $8,623,338

For more financial information, click here


Official website here: www.pcmanet.org

What is the mission statement of Pharmaceutical Care Management Association?

The Pharmaceutical Care Management Association (PCMA) represents pharmacy benefit managers (PBMs) in the United States, serving over 270 million Americans with health insurance from various sponsors. PCMA's mission is geared towards optimizing prescription drug therapy for better health outcomes. They aim to create a favorable policy and business environment for the pharmaceutical care benefits managers industry. By managing access to appropriate, affordable, and safe prescription drugs, PCMA strives to positively impact healthcare outcomes for patients.


Official website here: www.pcmanet.org

Who is the CEO of Pharmaceutical Care Management Association?

Agnita Kote is the Director of Pharmaceutical Care Management Association. The CEO's salary of Pharmaceutical Care Management Association is $1,423,259 and their total compensation is $1,475,583.


Official website here: www.pcmanet.org

What is the revenue of Pharmaceutical Care Management Association?

Pharmaceutical Care Management Association's revenue in 2022 was $47,371,719.


Official website here: www.pcmanet.org

Who are the executives of Pharmaceutical Care Management Association and what are their salaries?

The average compensation at Pharmaceutical Care Management Association during 2022 was $299,434. There are 43 employees and 10 volunteers at Pharmaceutical Care Management Association.

Here are 19 key members and their salaries (Pharmaceutical Care Management Association's CEO's salary is $1,423,259 and their total compensation is $1,475,583):

    Juan Carlos Scott (President & Ceo)
  • Compensation: $1,423,259
  • Related: $0
  • Other: $52,324

    • Brian Mccarthy (Chief Strategy And Business Operations)
  • Compensation: $928,105
  • Related: $0
  • Other: $56,141

    • Kristin Bas (Chief Policy And External Affairs Officer)
  • Compensation: $911,356
  • Related: $0
  • Other: $42,053

    • Lauren Rowley (Svp State Affairs)
  • Compensation: $654,694
  • Related: $0
  • Other: $39,578

    • Jonathan Heafitz (Vp Federal Affairs)
  • Compensation: $505,753
  • Related: $0
  • Other: $53,243

    • John Linehan (General Counsel)
  • Compensation: $498,136
  • Related: $0
  • Other: $55,349

    • Angela Banks (Vp Policy)
  • Compensation: $354,714
  • Related: $0
  • Other: $47,888

    • Katie Payne From 0622 (Svp Strategic Communications)
  • Compensation: $358,550
  • Related: $0
  • Other: $39,628

    • Tim Dube (Vp Regulatory Affairs)
  • Compensation: $346,394
  • Related: $0
  • Other: $47,085

    • Agnita Kote (Chief Financial Officer)
  • Compensation: $252,519
  • Related: $0
  • Other: $33,065

    • Amy Bricker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Heather Cianfrocco (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Chris Dupaul (Director From 03/22)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • William Fleming (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mostafa Kamal (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Alan Lotvin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Paul Marchetti (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ray Marsella (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ken Paulus (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.pcmanet.org

    Where can I find the form 990 for Pharmaceutical Care Management Association?

    The Pharmaceutical Care Management Association’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.pcmanet.org

    Learn more at the official website: www.pcmanet.org

    Mission Statement of Pharmaceutical Care Management Association

    The Pharmaceutical Care Management Association (PCMA) is the national body representing America's Pharmacy Benefit Managers (PBMs). With a presence spanning over 270 million Americans, PCMA's members administer prescription drug plans for a diverse range of health insurance sponsors, including commercial health plans, self-insured employer plans, union plans, Medicare Part D plans, federal programs, state government employee plans, managed Medicaid plans, and others.

    At the heart of PCMA's mission lies a commitment to helping people optimize their prescription drug therapy for healthier lives. The organization strives to foster a favorable public policy and business environment for the Pharmaceutical Care Benefits Managers (PBM) industry, enabling it to deliver positive healthcare outcomes for patients. Through effective management of access to appropriate, affordable, and safe prescription drugs, PCMA's vision is to create a significant impact on the health and wellbeing of the American population.

    Impact

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




    Thursday, August 15, 2024

    The Pharmaceutical Care Management Association (PCMA) impacts the healthcare industry by representing America's pharmacy benefit managers (PBMs) who administer prescription drug plans for over 270 million Americans. PBMs play a crucial role in managing access to appropriate, affordable, and safe prescription drugs, thereby contributing to positive healthcare outcomes for patients. PCMA shapes pro-PBM federal and state legislative and regulatory environments to advance policy priorities endorsed by its member companies. By advocating for the interests of PBMs, PCMA helps improve the efficiency and effectiveness of prescription drug therapy, ultimately assisting people in living healthier 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: $60,050
  • Program Service Revenue: $47,311,669
  • Gross Receipts: $47,371,719

    • Assets and Liabilities:
  • Total Assets: $25,360,425
  • Total Liabilities: $11,784,969
  • Net Assets: $13,575,456
  • Programs

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

    MEMBERSHIP DUES

    Revenue

    $32,615,000

    INDUSTRY RELATIONS

    Revenue

    $13,556,071

    LITIGATION SUPPORT

    Revenue

    $1,140,598

    Organization Details

    Founding Year

    2003

    Principal Officer

    Agnita Kote

    Main Address

    325 7TH STREET 9TH FLOOR, WASHINGTON, DC, 20004

    NTEE Category

    Code: S41 - Community improvement

    If you are a representative of Pharmaceutical Care Management Association 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.