Avmed Inc

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

EIN: 592742907 ✦ Gainesville, FL ✦ Designated as a 501(c)(4)

Overview

What is Avmed Inc?

Avmed Inc is a health maintenance organization based in Florida, serving employers and individuals, including small groups and seniors, with a total of 1,223,133 member months of network access. They offer comprehensive health services, from administrative support for self-funded health care plans to preventive and chronic care management programs. Avmed is accredited by the National Committee for Quality Assurance (NCQA) for its Medicare, commercial, and Marketplace/Exchange products. With a strong emphasis on quality healthcare, they annually measure performance through the Healthcare Effectiveness Data and Information Set (HEDIS) process and Consumer Assessment of Healthcare Providers and Systems (CAHPS) survey. In addition to improving members' well-being, Avmed contributes to building healthier communities through various initiatives, such as supporting Miami-Dade County's Bike305 program and sponsoring community fitness and health events in Fort Lauderdale and Miami. Their mission is to help members live healthier by providing access to high-quality, affordable healthcare services through a network of credentialed healthcare providers.


Official website here: www.avmed.org

Is Avmed Inc legitimate?

Avmed Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Avmed 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $39,032,366

For more financial information, click here


Official website here: www.avmed.org

What is the mission statement of Avmed Inc?

Avmed Inc is dedicated to helping members lead healthier lives by granting access to top-tier, affordable healthcare services. The organization's mission revolves around providing healthcare benefits through a network of certified healthcare providers. Avmed offers a range of services including disease and chronic care management programs, wellness and prevention initiatives, health fairs, and prescription drug coverage. They cater to various groups, such as employers and vulnerable populations, including individuals, small groups, and seniors, through the Medicare Advantage Program. Avmed's commitment extends beyond healthcare, with educational resources for its enrollees on health-related issues and various disease management programs.


Official website here: www.avmed.org

Who is the CEO of Avmed Inc?

James M Repp is the Chief Executive Officer/Director of Avmed Inc. The CEO's salary of Avmed Inc is $0 and their total compensation is $7,380,821.


Official website here: www.avmed.org

What is the revenue of Avmed Inc?

Avmed Inc's revenue in 2022 was $823,068,692.


Official website here: www.avmed.org

Who are the executives of Avmed Inc and what are their salaries?

The average compensation at Avmed Inc during 2022 was $66,157. There are 590 employees at Avmed Inc.

Here are 21 key members and their salaries (Avmed Inc's CEO's salary is $0 and their total compensation is $7,380,821):

    Lawrence G Schreiber (Chief Executive Officer/Director)
  • Compensation: $0
  • Related: $2,028,776
  • Other: $5,352,045

    • James M Repp (President/Chief Operating Officer)
  • Compensation: $0
  • Related: $1,406,629
  • Other: $201,983

    • Steven M Ziegler (Sr Vp Legal & Compliance/Asst Sec.)
  • Compensation: $0
  • Related: $650,123
  • Other: $881,793

    • Randall L Stuart (Sr Vp/Cfo/Asst Treas. (Thru 3/31/22))
  • Compensation: $0
  • Related: $904,878
  • Other: $44,161

    • Philip G Bowling (Sr Vp/Cfo/Assistant Treasurer)
  • Compensation: $0
  • Related: $511,203
  • Other: $97,315

    • Eduardo E De Armas (Sr Sales Rep)
  • Compensation: $244,033
  • Related: $0
  • Other: $18,147

    • Lynn E Monaco (Assistant General Counsel)
  • Compensation: $209,209
  • Related: $0
  • Other: $37,118

    • Ognian K Asparouhov Phd (Director Advanced Analytics)
  • Compensation: $209,064
  • Related: $0
  • Other: $27,323

    • Patricia L Turner (Director Fin. Planning & Analysis)
  • Compensation: $199,674
  • Related: $0
  • Other: $24,361

    • Arvind Kumar (Director Business Intelligence)
  • Compensation: $206,760
  • Related: $0
  • Other: $6,790

    • Glenda E Hood (Chair/Director)
  • Compensation: $0
  • Related: $55,158
  • Other: $0

    • Benjamin I Doerr Jr (Treasurer/Director)
  • Compensation: $0
  • Related: $45,596
  • Other: $0

    • Jackson N Sasser Phd (Vice Chair/Director)
  • Compensation: $0
  • Related: $45,269
  • Other: $0

    • James D Lee (Director)
  • Compensation: $0
  • Related: $43,469
  • Other: $0

    • Pamela J Mooney Phd (Director)
  • Compensation: $0
  • Related: $43,142
  • Other: $0

    • Katherine L Fernandez (Secretary/Director)
  • Compensation: $0
  • Related: $41,996
  • Other: $0

    • Kevin R Maddron (Director)
  • Compensation: $0
  • Related: $27,779
  • Other: $0

    • Gregory A Haile (Director)
  • Compensation: $0
  • Related: $27,779
  • Other: $0

    • Rita M Barreto (Director)
  • Compensation: $0
  • Related: $27,779
  • Other: $0

    • George E Fletcher (Director (Thru 3/31/22))
  • Compensation: $0
  • Related: $13,890
  • Other: $0

    • Robert L Epling (Treasurer/Director (Thru 1/31/22))
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.avmed.org

    Where can I find the form 990 for Avmed Inc?

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


    Official website here: www.avmed.org

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

    Mission Statement of Avmed Inc

    Avmed Inc, a notable organization, is dedicated to helping its members live healthier lives by granting them access to high-quality, affordable healthcare services. Avmed's mission lies in creating a network of credentialed healthcare providers, enabling it to offer affordable, non-commercial healthcare benefits contracts to various communities across the country.

    The organization goes beyond merely providing access to healthcare services. Avmed educates its enrollees about health issues, fosters wellness and disease prevention programs, organizes health fairs, manages complex cases, and offers prescription drugs and certain medical research programs. These services come at affordable fixed prices, making them accessible to Florida employers and vulnerable populations, including individuals, small employer groups, and senior citizens through the Medicare Advantage Program.

    Avmed's commitment to bettering the lives of its members doesn't stop at healthcare services. It extends to disease and chronic care management programs, disease management, and managing complex cases to ensure those in need receive the best possible care. By creating an extensive network of healthcare providers, Avmed is able to cater to the diverse healthcare needs of its communities, ensuring they have access to the care they require and, ultimately, the opportunity to live healthier lives.

    Impact

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




    Thursday, August 15, 2024

    Avmed Inc's impact is significant in the healthcare sector. It plays a crucial role in helping its members live healthier lives by providing high-quality health care plans. With a focus on providing access to affordable healthcare services through a network of credentialed healthcare providers, Avmed Inc serves a wide range of individuals, small employer groups, and senior citizens. The organization's commitment to offering non-commercial-type health benefits contracts, education on health issues, wellness and disease prevention programs, disease management, and prescription drug services contributes to improving the overall well-being of its members.

    Furthermore, Avmed Inc's involvement in community initiatives, such as supporting the Bike305 program in Miami-Dade County and sponsoring various fitness and health events in Fort Lauderdale and Miami, showcases its dedication to promoting a healthier lifestyle beyond its membership base. By advocating for a balanced life rich in health and happiness, Avmed Inc not only supports its more than 200,000 members but also strives to build healthier communities in the markets it serves.

    Overall, Avmed Inc's impact extends beyond providing healthcare services; it actively promotes well-being, community engagement, and a holistic approach to health and happiness.





    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: $-1,515,831
  • Program Service Revenue: $823,248,577
  • Gross Receipts: $898,289,040

    • Assets and Liabilities:
  • Total Assets: $378,952,909
  • Total Liabilities: $307,966,047
  • Net Assets: $70,986,862
  • Programs

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

    COMPREHENSIVE REVENUE

    Revenue

    $460,451,334

    MEDICARE REVENUE

    Revenue

    $295,790,451

    SELF-FUNDED ADMIN FEE

    Revenue

    $53,327,225

    FEDERAL REVENUE

    Revenue

    $13,679,567

    Organization Details

    Founding Year

    1986

    Principal Officer

    James M Repp

    Main Address

    PO BOX 749, GAINESVILLE, FL, 326270749

    NTEE Category

    Code: E83 - Health

    If you are a representative of Avmed Inc 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.