HEALTHPARTNERS INC

EIN: 411693838

MINNEAPOLIS, MN

Total Revenue
$3,178,529,906
Total Expenses
$3,308,660,935
Total Assets
$1,743,405,244
Net Assets
$862,417,013
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Financial Trends

Organization Details

Formation Year
1984
Legal Domicile
MN
Principal Officer
PENNY D CERMAK
Phone
9528836584
Tax Period
2024-01-01 to 2024-12-31

HEALTHPARTNERS INC, founded in 1984, is a large national nonprofit that reported $3.2B in total revenue in fiscal year 2024.

Mission

HEALTHPARTNERS' MISSION IS TO IMPROVE HEALTH AND WELL-BEING IN PARTNERSHIP WITH OUR MEMBERS, PATIENTS AND COMMUNITY.

Program Service Accomplishments

Program 1
Expenses: $3,054,982,847 Revenue: $3,126,159,372

CORPORATE STRUCTURE, PURPOSE, GOVERNANCE HEALTHPARTNERS, INC. (HPI) IS A MINNESOTA NONPROFIT CORPORATION AND LICENSED HEALTH MAINTENANCE ORGANIZATION (HMO) RECOGNIZED AS EXEMPT FROM FEDERAL INCOME...

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CORPORATE STRUCTURE, PURPOSE, GOVERNANCE HEALTHPARTNERS, INC. (HPI) IS A MINNESOTA NONPROFIT CORPORATION AND LICENSED HEALTH MAINTENANCE ORGANIZATION (HMO) RECOGNIZED AS EXEMPT FROM FEDERAL INCOME TAX UNDER INTERNAL REVENUE CODE (IRC) SECTION 501(C)(4) AND IS THE PARENT ENTITY OF HEALTHPARTNERS ORGANIZATIONS REFERRED TO COLLECTIVELY AS "HEALTHPARTNERS". FOUNDED IN 1957, HEALTHPARTNERS IS AN INTEGRATED HEALTH CARE ORGANIZATION, PROVIDING HEALTH CARE SERVICES AND HEALTH PLAN FINANCING AND ADMINISTRATION. HEALTHPARTNERS' MISSION IS TO IMPROVE HEALTH AND WELL-BEING IN PARTNERSHIP WITH OUR MEMBERS, PATIENTS, AND COMMUNITY. HEALTHPARTNERS SEEKS TO TRANSFORM HEALTH CARE THROUGH A RELENTLESS FOCUS ON THE TRIPLE AIM - PROVIDING EXCEPTIONAL EXPERIENCE FOR THE INDIVIDUAL, IMPROVING THE HEALTH OF THE POPULATION, AND MAINTAINING AFFORDABILITY. A COMPLETE LISTING OF ALL ORGANIZATIONS WITHIN HEALTHPARTNERS, AND THE RELATIONSHIP BETWEEN THEM, CAN BE FOUND ON SCHEDULE R WITHIN THIS 990 RETURN. DETAILED INFORMATION ABOUT THE COMMUNITY BENEFIT ACTIVITIES AND ACCOMPLISHMENTS OF EACH TAX-EXEMPT ORGANIZATION CAN BE FOUND IN THE INDIVIDUAL FORM 990 RETURN FOR THAT ORGANIZATION. PROVISION OF MANAGED CARE TO STATE PUBLIC PROGRAMS BENEFICIARIES HPI SUPPORTS STATE PUBLIC PROGRAM MEMBERS BY PROVIDING INFORMATION ABOUT PLAN RESOURCES AND BENEFITS TO COUNTY EMPLOYEES, NURSING HOMES, HEALTH AND HOUSING ADVOCATES, FINANCIAL WORKERS AND COMMUNITY ORGANIZATIONS THROUGH A VARIETY OF COMMUNITY EVENTS AND PROGRAMS INCLUDING: - EQUITY IN HEALTH FESTIVAL - FREMONT FAMILY FUN FEST - ANOKA WINTER RESOURCE FAIR - ANOKA SUMMER RESOURCE FAIR - HMONG COMMUNITY EXPLORE YOUR PARKS DAY - KEYSTONE BACK TO SCHOOL EVENT - MINNESOTA FINANCIAL WORKER AND CASE AIDE ASSOCIATION (MFWCAA) CONFERENCE - MINNESOTA SOCIAL SERVICE ASSOCIATION (MSSA) CONFERENCE - LOCAL PUBLIC HEALTH ASSOCIATION (LPHA) CONFERENCE - CARVER COUNTY COMMUNITY CONNECT - FOLEY COUNTY COMMUNITY CONNECT - WASHINGTON COUNTY WINTER PIT STOP - WASHINGTON COUNTY SUMMER PIT STOP - WASHINGTON COUNTY FALL PIT STOP - COMMUNITY CONNECTIONS CONFERENCE - WRIGHT COUNTY ECFE FAMILY FAIR - PILLSBURY UNITED COMMUNITIES CEDAR RIVERSIDE HEALTH FAIR - PILLSBURY UNITED COMMUNITIES NORTH MARKET HEALTH FAIR - WOMEN'S CARE DAY - CHISAGO COUNTY MENTAL HEALTH AND RESILIENCY CONFERENCE - OPERATION COMMUNITY CONNECT IN CHISAGO COUNTY - OPERATION COMMUNITY CONNECT IN SHERBURNE/WRIGHT COUNTY - OPERATION COMMUNITY CONNECT IN STEARNS COUNTY - MINNESOTA PUBLIC HEALTH ASSOCIATION CONFERENCE - MANY FACES OF COMMUNITY HEALTH CONFERENCE STATE PUBLIC PROGRAM INCENTIVES TO MEMBERS HPI PROMOTES PREVENTIVE SERVICES FOR STATE PUBLIC PROGRAM (SPP) PLAN MEMBERS THROUGH INCENTIVE PROGRAMS. PEDIATRIC IMMUNIZATION INCENTIVE PROGRAM. THE PEDIATRIC IMMUNIZATION INCENTIVE PROGRAM ENCOURAGES PMAP AND MNCARE INFANTS TO GET A SERIES OF VACCINES BY THEIR SECOND BIRTHDAY. ONCE HPI RECEIVES THE CLAIMS FOR THESE VACCINES, MEMBERS RECEIVE A $25 GIFT CARD IN THE MAIL. HPI DISTRIBUTED 1,326 GIFT CARDS (VALUED AT $35,139) FOR THIS PROGRAM IN 2024. THE PRE-TEEN (ADOLESCENT) IMMUNIZATIONS INCENTIVE PROGRAM. THE PRE-TEEN IMMUNIZATION PROGRAM ENCOURAGES PMAP AND MNCARE YOUTH TO GET THEIR HPV, MENINGOCOCCAL AND TDAP IMMUNIZATIONS. ONCE HPI RECEIVES THE CLAIM FOR THESE VACCINES, MEMBERS RECEIVE A $25 GIFT CARD IN THE MAIL. HPI DISTRIBUTED 1,212 GIFT CARDS (VALUED AT $32,118) FOR THIS PROGRAM IN 2024. POSTPARTUM INCENTIVE. SNBC, PMAP AND MNCARE MEMBERS WHO RECEIVE A POSTPARTUM EXAM THREE TO EIGHT WEEKS AFTER THE BIRTH OF THEIR CHILD RECEIVE A $25 GIFT CARD. HPI DISTRIBUTED 82 GIFT CARDS (VALUED AT $2,193.50) FOR THIS PROGRAM IN 2024. SNBC INCENTIVES. TO ENCOURAGE AN ANNUAL PRIMARY CARE VISIT, SNBC MEMBERS WHO COMPLETE THEIR ANNUAL PRIMARY VISIT RECEIVE A $25 GIFT CARD. MEMBERS ALSO RECEIVE A $25 GIFT CARD FOR DOING A CERVICAL CANCER SCREENING OR COMPLETING A MEDICATION THERAPY MANAGEMENT VISIT. HPI DISTRIBUTED 472 GIFT CARDS (VALUED AT $12,626) FOR THESE THREE PROGRAMS IN 2024. CAR SEAT PROGRAM. PMAP AND MNCARE MEMBERS AGES NINE AND YOUNGER OR MEMBERS WHO ARE AT LEAST SIX MONTHS PREGNANT ARE ELIGIBLE TO RECEIVE A CAR SEAT WITH THE COMPLETION OF A CAR SEAT SAFETY AND EDUCATION COURSE. HPI DISTRIBUTED 922 CAR SEATS (VALUED AT $90,692) IN 2024. IMPROVEMENT WORK FOR MSHO. AS PART OF OUR EFFORTS TO HELP OUR DUALLY ENROLLED MEMBER-PATIENTS GET UP TO DATE ON IMPORTANT PREVENTATIVE CARE, HEALTHPARTNERS MEDICAL GROUP/PARK NICOLLET CLINICS (HPMG/PN) PROVIDED OUTREACH AND ADDITIONAL INCENTIVES TO THE PATIENT IN THE FORM OF GIFT CARDS. IN 4Q2023, HPMG/PN SENT 790 PATIENTS GIFT CARDS VALUED AT AN OVERALL $39,500. DENTAL KIT INITIATIVE THE DENTAL KIT INITIATIVE PROVIDES KEY DENTAL PERSONAL CARE ITEMS TO COUNTIES AS A RESPONSE TO DENTAL ACCESS BARRIERS. EACH DENTAL KIT CONTAINS TOOTHPASTE AND A TOOTHBRUSH (CHILDREN OR ADULT). HPI'S SPP PROVIDED 10,389 DENTAL SUPPLIES TO 10 HEALTHPARTNERS SERVICE COUNTIES: ANOKA; BENTON; CHISAGO; DAKOTA; HENNEPIN; RAMSEY; SHERBURNE; STEARNS; WASHINGTON AND WRIGHT. IN ADDITION, THE SPP TEAM DISTRIBUTED DENTAL KITS AT MULTIPLE COUNTY-LED EVENTS, SUCH AS OPERATION COMMUNITY CONNECT OR PLACE IN TIME EVENTS, HOSTED IN CARVER, CHISAGO, SHERBURNE, STEARNS AND WASHINGTON COUNTIES. COMMUNITY SPONSORSHIPS: IN 2024, $5,011 WAS PROVIDED TO SUPPORT COUNTY AND COMMUNITY EVENTS THAT SUPPORTED SPP MEMBERS. VIRTUWELL VIRTUWELL IS A 24/7 ONLINE CLINIC THAT REINVENTS THE DIAGNOSIS AND TREATMENT EXPERIENCE FOR EVERYDAY ILLNESSES. THROUGH A REFRESHINGLY SIMPLE ONLINE AND MOBILE PLATFORM, PAIRED WITH BEST-IN-CLASS CUSTOMER SERVICE, VIRTUWELL IS SAVING CONSUMERS, EMPLOYERS AND HEALTH PLANS TIME AND MONEY. IT WAS CREATED TO BE SIMPLE, CONVENIENT AND AFFORDABLE AND LAUNCHED IN 2010 FOR MINNESOTA RESIDENTS. SINCE THEN, IT HAS EXPERIENCED STEADY GROWTH AND IS AVAILABLE TO ANYONE WHO LIVES, WORKS OR TRAVELS WITHIN THE FIVE STATES VIRTUWELL SERVES: IOWA, MINNESOTA, NORTH DAKOTA, SOUTH DAKOTA AND WISCONSIN, AND CAN BE ACCESSED ANYTIME FROM A SMART PHONE, TABLET OR COMPUTER. MORE INFO AT WWW.VIRTUWELL.COM. VIRTUWELL PROVIDES HPI MEMBERS WITH UNLIMITED FREE VISITS TO GET THEIR HEALTH QUESTIONS ANSWERED. IT NOW INCLUDES 60 CONDITIONS, MORE THAN 1 MILLION TREATMENT PLANS AND HAS LED TO SAVINGS EXCEEDING $100 MILLION IN HEALTH CARE COSTS, WITH THOUSANDS MORE MEMBERS REFERRED SAFELY TO IN-PERSON CARE. VIRTUWELL MAINTAINS OUTSTANDING EFFECTIVENESS AND SATISFACTION RATES. SINCE ITS LAUNCH, IT HAS RESULTED IN A REPORTED AVERAGE SAVINGS OF $180 PER VISIT FOR MEMBERS, EMPLOYERS AND HEALTH PLANS. MEMBERS CAN RECEIVE A DIAGNOSIS AND TREATMENT BY CERTIFIED NURSE PRACTITIONERS IN MINUTES. IN ADDITION, NURSE PRACTITIONERS CAN SEND PATIENTS' PRESCRIPTIONS TO THEIR PHARMACY IF NEEDED. THERE IS NO COST TO A MEMBER IF VIRTUWELL IS UNABLE TO TREAT THE PATIENT. INDIVIDUALS WHO HAVE TRIED VIRTUWELL HAVE FOUND THAT ONE VIRTUWELL VISIT CAN SAVE TWO AND A HALF HOURS OR MORE. IT IS SIMPLE TO USE, AND 92 PERCENT OF CUSTOMERS WOULD HIGHLY RECOMMEND VIRTUWELL TO FRIENDS AND FAMILY. IMPROVING BEHAVIORAL HEALTH TREATMENT ADHERENCE & SELF-MANAGEMENT HPI AIMS TO SUPPORT MEMBERS IN ENGAGING IN TREATMENT AND SELF-MANAGEMENT PRACTICES FOR BEHAVIORAL HEALTH. AS PART OF THESE EFFORTS, HPI PROVIDES EDUCATIONAL NEWSLETTERS AND REFILL REMINDERS TO MEMBERS WHO ARE DIAGNOSED WITH DESIGNATED BEHAVIORAL HEALTH CONDITIONS AND PRESCRIBED PSYCHOTROPIC MEDICATIONS. IN 2024, MORE THAN 72,000 OF THESE REFILL REMINDERS AND EDUCATIONAL COMMUNICATIONS WERE SENT TO MEMBERS DIAGNOSED WITH DEPRESSION, BIPOLAR DISORDER, SCHIZOPHRENIA, ANXIETY, OR SUBSTANCE USE WHO WERE PRESCRIBED ANTIDEPRESSANTS, MOOD STABILIZERS, ANTIPSYCHOTICS, BEZODIAZEPINES, AND/OR ANTI-CRAVING MEDICATIONS RESPECTIVELY TO SUPPORT THEM IN THE MANAGEMENT OF THEIR MEDICATION AND OVERALL BEHAVIORAL HEALTH CONDITION. THESE COMMUNICATIONS WERE SENT TO MEMBERS VIA MAIL AND DIGITAL METHODS. THE TOTAL COST OF THESE COMMUNICATIONS IN 2024 WAS APPROXIMATELY $25,000. REDUCING PSYCHIATRIC HOSPITALIZATIONS & READMISSIONS HPI EMPLOYS LICENSED BEHAVIORAL HEALTH PROFESSIONALS TO PROVIDE BEHAVIORAL HEALTH CASE MANAGEMENT TO MEMBERS ADMITTED TO AND DISCHARGED FROM INPATIENT PSYCHIATRIC CARE. CASE MANAGERS COLLABORATE WITH MEMBERS, INPATIENT PSYCHIATRIC CARE TEAMS AND OUTPATIENT PROVIDERS TO COORDINATE APPROPRIATE FOLLOW-UP CARE AND PROVIDE POST-DISCHARGE COUNSELING AND REFERRALS TO ONGOING SERVICES. IN 2024, HPI'S BEHAVIORAL HEALTH CASE MANAGERS SUPPORTED MORE THAN 2,000 PSYCHIATRIC ADMISSIONS WITH THE GOAL TO HELP MEMBERS EFFECTIVELY ENGAGE IN AFTER CARE THAT COULD MINIMIZE RISKS AND CRISES THAT LEAD TO REHOSPITALIZATION.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $3,126,159,372
Investment Income $45,043,852
Other Revenue $7,326,682
TOTAL REVENUE $3,178,529,906

Expense Breakdown

Grants Paid $1,577,184
Salaries & Benefits $140,608,413
Fundraising Expenses $0
Program Expenses $3,054,982,847
Other Expenses $3,166,475,338
TOTAL EXPENSES $3,308,660,935

Year-over-Year Comparison

2024 2023 Change
Revenue $3,178,529,906 $3,345,003,598 0.0%
Expenses $3,308,660,935 $3,159,255,743 +0.0%
Net Income $-130,131,029 $185,747,855 -1.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
16
Independent Members
14
Employees
N/A
Volunteers
14

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
32
$29,715,606
Total Directors
16
$2,362,482
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PHILIP DONALDSON DIRECTOR & CHAIR 1.90
Officer Director
$0 $0 $40,000
ROBERT EHREN DIRECTOR 3.00
Director
$0 $0 $30,000
MORRIS GOODWIN DIRECTOR & TREASURER 3.10
Officer Director
$0 $0 $33,000
DEBORAH HOPP DIRECTOR & VICE CHAIR 3.80
Officer Director
$0 $0 $48,000
KATHLEEN KELLEY DIRECTOR 4.00
Director
$0 $0 $33,000
DAVID LAGERSTROM DIRECTOR 3.00
Director
$0 $0 $30,000
AMY LANGER DIRECTOR 3.00
Director
$0 $0 $33,000
ANA RUBY LEE DIRECTOR 2.40
Director
$0 $0 $30,000
LAURA LIU DIRECTOR 3.20
Director
$0 $0 $30,000
SHARON PIERCE DIRECTOR 3.00
Director
$0 $0 $33,000
SONDRA SAMUELS DIRECTOR 2.50
Director
$0 $0 $33,000
THOMAS SCHRUP MD DIRECTOR 2.60
Director
$0 $0 $30,000
PAUL WILLIAMS DIRECTOR 3.40
Director
$0 $0 $36,000
BRAD WOZNEY MD DIRECTOR 2.40
Director
$0 $0 $33,000
STEVEN M CONNELLY MD DIRECTOR & EXC MEDICAL DIRECTOR 20.00
Officer Director
$0 $177,487 $1,319,916
RAE ANN WILLIAMS MD DIRECTOR 2.00
Director
$0 $160,728 $570,566
ANDREA M WALSH PRESIDENT & CEO 20.00
Officer
$0 $910,637 $3,838,003
EMILY C BLOMBERG VP, PRESIDENT REGIONS HOSPITAL 0.50
Officer
$0 $32,094 $413,119
PENNY D CERMAK EVP & CFO 20.00
Officer
$0 $283,429 $1,635,603
NANCY L EVERT SECRETARY & SVP GEN CNSL 10.00
Officer
$0 $248,257 $1,078,463
RANDALL M BILLINGS SVP PROVIDER PARTNERSHIPS 0.50
Officer
$0 $69,414 $902,117
JENNIFER DANIELSON EVP & CHIEF HEALTH PLAN OFFICER 49.00
Officer
$0 $187,242 $1,343,456
KATHLEEN FAULK SVP GOV'T PROGRAMS 0.00
Officer
$0 $26,504 $195,192
DAVID S GESKO DDS SVP - DENTAL DIRECTOR 0.50
Officer
$0 $39,052 $385,611
MARK E HANSBERRY SVP & CHIEF MARKETING OFFICER 0.50
Officer
$0 $159,576 $945,483
PAHOUA Y HOFFMAN SVP GOV. & COMM RELATIONS 0.50
Officer
$0 $112,677 $564,992
CARA M HULL CHIEF QUALITY OFFICER 51.50
Officer
$0 $74,318 $666,092
KATHY JOHNSON SVP & CFO 20.00
Officer
$0 $188,725 $648,129
VIRGINIA L KAKACEK MD HEALTH PLAN CHIEF MEDICAL 0.50
Officer
$0 $147,106 $811,690
SUSAN M KNUDSON EVP HEALTH ENG & INFO OFFICER 0.50
Officer
$0 $403,420 $1,531,552
STEVEN E KONNATH SVP ACTUARIAL UNDERWRITING & GOVT PROGRAMS 0.00
Officer
$0 $41,498 $337,888
BRANDI L LUNNEBORG PRESIDENT LAKEVIEW HEALTH 0.50
Officer
$0 $144,394 $852,516
KRISTI LYON SVP, PROVIDER PARTNER & ENGAGEMENT 1.00
Officer
$0 $126,573 $629,604
NANCY A MCCLURE CHIEF OPERATING OFFICER 0.50
Officer
$0 $52,557 $1,371,642
JENNIFER L MYSTER VP, PRESIDENT METHODIST HOSPITAL 0.50
Officer
$0 $145,186 $819,186
NICO P PRONK PHD PRESIDENT HP INSTITUTE 0.50
Officer
$0 $157,952 $676,025
MEGAN M REMARK EVP & COO 54.50
Officer
$0 $368,676 $1,427,650
ALITA RISINGER SVP & CFO CARE DELIVERY 0.50
Officer
$0 $155,052 $880,339
MARK R SANNES MD EXC MEDICAL DIRECTOR 0.50
Officer
$0 $181,666 $1,281,429
KATIE B SAYRE SVP HLTH PLAN OPS & GOV 13.30
Officer
$0 $185,788 $1,021,358
TOBI TANZER SVP INTEGRITY & COMPLIANCE 20.70
Officer
$0 $236,917 $801,259
DELINDA H WASHINGTON SVP CPO 20.70
Officer
$0 $192,918 $1,147,472
DENNIS M ZUZEK SVP & CTO 10.80
Officer
$0 $146,668 $978,757
KEVIN J PALATTAO SVP DIGITAL CARE DELIVERY 0.00
Officer
$0 $111,156 $1,090,063
FELIX K ANKEL MD FORMER EXEC. DIRECTOR 0.00
$0 $129,735 $375,855
HEIDI G CONRAD FORMER VP & CFO 0.00
$0 $61,676 $766,298
JAMES W EPPEL FORMER EVP AND CAO 0.00
$0 $9,026 $127,014
DOUG N SMITH FORMER SR. VP - SALES 0.00
$0 $70,619 $722,824
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 $3,178,529,906 $3,308,660,935 $1,743,405,244 $-130,131,029
2023 $3,345,003,598 $3,159,255,743 $1,710,321,581 $185,747,855
2022 $2,933,681,345 $2,783,536,558 $1,432,583,134 $150,144,787
2021 $2,595,512,194 $2,515,041,499 $1,412,382,010 $80,470,695
2020 $2,200,384,109 $2,054,288,873 $1,375,499,221 $146,095,236
2019 $2,156,321,342 $2,132,588,019 $946,661,634 $23,733,323
2018 $1,956,506,637 $1,906,125,209 $1,022,338,467 $50,381,428
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