VNS CHOICE

EIN: 133951057 501(c)(3) Health Care

NEW YORK, NY

Total Revenue
$2,337,109,744
Total Expenses
$2,241,630,575
Total Assets
$735,944,441
Net Assets
$384,371,432
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1995
Legal Domicile
NY
Principal Officer
DANIEL SAVITT
Phone
2126094162
Tax Period
2023-01-01 to 2023-12-31

VNS CHOICE, founded in 1995, is a large national nonprofit in the Health Care sector that reported $2.3B in total revenue in fiscal year 2023. Revenue grew 14% year-over-year, indicating healthy expansion. Expenses of $2.2B left a modest 4% surplus.

Mission

TO HELP MEMBERS CONTINUE TO LIVE INDEPENDENTLY IN THEIR OWN HOME AND COMMUNITIES FOR AS LONG AS POSSIBLE THROUGH PROACTIVE SUPPORT OF BOTH PREVENTATIVE AND EMERGENT CARE NEEDS. PLEASE REFER TO SCHEDULE O FOR ADDITIONAL INFORMATION.

Program Service Accomplishments

Program 1
Expenses: $1,869,817,422 Revenue: $2,129,828,339

VNS HEALTH MLTC: This program provides an array of home, community, and facility-based long-term care services to eligible enrollees. MLTC Plus program provides both Medicare and Medicaid benefits to...

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VNS HEALTH MLTC: This program provides an array of home, community, and facility-based long-term care services to eligible enrollees. MLTC Plus program provides both Medicare and Medicaid benefits to the eligible enrollees.

Program 2
Expenses: $109,724,259 Revenue: $134,012,258

SELECTHEALTH FROM VNS HEALTH: THIS PROGRAM SERVES THEMEDICAID HIV SPECIAL NEEDS POPULATION. THIS HIGH NEEDS HIGH ACUITY POPULATION INCLUDES HOMELESS AND TRANSGENDER AS WELL. FOR THE LAST THREE...

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SELECTHEALTH FROM VNS HEALTH: THIS PROGRAM SERVES THEMEDICAID HIV SPECIAL NEEDS POPULATION. THIS HIGH NEEDS HIGH ACUITY POPULATION INCLUDES HOMELESS AND TRANSGENDER AS WELL. FOR THE LAST THREE CONSECUTIVE YEARS, SELECTHEALTH HAS HAD THE HIGHEST VIRAL LOAD SUPPRESSION RATE FOR THE HIV POSITIVE MEMBERSHIP AND CONTINUES TO PARTNER AS A RECIPIENT OF THE ENDING THE EPIDEMIC GRANT. PLEASE REFER TO SCHEDULE O FOR ADDITIONAL INFORMATION.

Program 3
Expenses: $72,296,845 Revenue: $65,350,606

VNS HEALTH EASYCARE PLUS IS A D-SNP DESIGNED TO OFFER FOCUSED CARE MANAGEMENT TO INDIVIDUALS THAT HAVE BOTH MEDICARE AND MEDICAID. VNS HEALTH EASYCARE IS AN HMO MEDICARE ADVANTAGE PRESCRIPTION DRUG...

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VNS HEALTH EASYCARE PLUS IS A D-SNP DESIGNED TO OFFER FOCUSED CARE MANAGEMENT TO INDIVIDUALS THAT HAVE BOTH MEDICARE AND MEDICAID. VNS HEALTH EASYCARE IS AN HMO MEDICARE ADVANTAGE PRESCRIPTION DRUG (MAPD) PLAN DESIGNED TO MAKE MEDICAL CARE MORE AFFORDABLE. THE PLAN PROVIDES BOTH PART A & PART B COVERAGE TO ENROLLEES WHO ARE ELIGIBLE FOR MEDICARE BENEFITS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $442,616
Program Service Revenue $2,329,191,203
Investment Income $7,346,531
Other Revenue $129,394
TOTAL REVENUE $2,337,109,744

Expense Breakdown

Grants Paid $0
Salaries & Benefits $23,177,000
Fundraising Expenses $0
Program Expenses $2,051,838,526
Other Expenses $2,218,453,575
TOTAL EXPENSES $2,241,630,575

Year-over-Year Comparison

2023 2022 Change
Revenue $2,337,109,744 $2,047,539,744 +0.1%
Expenses $2,241,630,575 $2,000,629,000 +0.1%
Net Income $95,479,169 $46,910,744 +1.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
11
Independent Members
10
Employees
251
Volunteers
10

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$3,731,637
Total Directors
12
$2,140,459
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DANIEL SAVITT DIRECTOR;EX-OFFICIO - CEO/PRES 55.0
Officer Director
$0 $136,751 $2,140,459
KEITH PATTERSON EVP & CFO 55.0
Officer
$0 $55,249 $838,132
HANY ABDELAAL DO PRES, VHHP (TERM 6/2023) 55.0
Officer
$724,380 $28,666 $753,046
JAY DOBKIN MD CMO, HEALTH PLANS 55.0
Highest
$344,731 $47,948 $392,679
DAVID ROBINSON VP, SALES & PARTNERSHIP DEV. 55.0
Highest
$319,065 $54,046 $373,111
JAMES BIEBEL VP, PROVIDER NTWK CONTRACTING 55.0
Highest
$287,106 $43,374 $330,480
Michael Tricomi VP of Product Management 55.0
Highest
$261,182 $59,257 $320,439
TOBIAS GERMOSO AVP, PARTNERSHIP DEVELOPMENT 55.0
Highest
$251,515 $50,805 $302,320
PETER L HUTCHINGS CHAIR - DIRECTOR 1.0
Officer Director
$0 $0 $0
MARY R NINA HENDERSON VICE CHAIR/SEC. - DIRECTOR 1.0
Officer Director
$0 $0 $0
William Mike Allen Director 1.0
Director
$0 $0 $0
Robert C Daum Director 1.0
Director
$0 $0 $0
Darren Fogel Director 1.0
Director
$0 $0 $0
Joseph D Mark Director 1.0
Director
$0 $0 $0
PHYLLIS J MILLS BSN RN DIRECTOR 1.0
Director
$0 $0 $0
Carol Raphael Director 1.0
Director
$0 $0 $0
ANDREW N SCHIFF MD DIRECTOR; EX-OFFICIO 1.0
Director
$0 $0 $0
Edward Torres Director 1.0
Director
$0 $0 $0
Mark Godfrey Director (Term 9/2023) 1.0
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $2,337,109,744 $2,241,630,575 $735,944,441 $95,479,169
2022 $2,047,539,744 $2,000,629,000 $753,073,990 $46,910,744
2021 $1,922,324,713 $1,832,589,558 $728,219,204 $89,735,155
2020 $1,960,226,919 $1,836,041,271 $760,078,791 $124,185,648
2019 $1,863,896,325 $1,808,063,978 $477,470,893 $55,832,347
2018 $1,472,944,135 $1,455,629,288 $359,023,193 $17,314,847
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