Driscoll Children's Health Plan

EIN: 742838488 501(c)(3) Health Care

Corpus Christi, TX

Total Revenue
$1,225,578,447
Total Expenses
$1,252,765,152
Total Assets
$476,071,494
Net Assets
$235,380,336
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1997
Legal Domicile
TX
Phone
3616946432
Tax Period
2023-01-01 to 2023-12-31

Driscoll Children's Health Plan, founded in 1997, is a large national nonprofit in the Health Care sector that reported $1.2B in total revenue in fiscal year 2023.

Mission

DRISCOLL CHILDREN'S HEALTH PLAN IS COMMITTED TO PROVIDING EFFICIENT, COST-EFFECTIVE, QUALITY CARE THROUGH A DEDICATED AND COMPASSIONATE, HEALTH CARE TEAM AND RESPECTFUL COORDINATION WITH ITS PROVIDER NETWORK.

Program Service Accomplishments

Program 1
Expenses: $1,145,403,268 Revenue: $1,220,146,212

DRISCOLL HEALTH PLAN, INC. (DHP) IS CONTRACTED FOR THE CHILDREN'S HEALTH INSURANCE PROGRAM (CHIP) IN A FOURTEEN COUNTY AREA COMPRISED OF ARANSAS, BEE, BROOKS, CALHOUN, DUVAL, GOLIAD, JIM WELLS...

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DRISCOLL HEALTH PLAN, INC. (DHP) IS CONTRACTED FOR THE CHILDREN'S HEALTH INSURANCE PROGRAM (CHIP) IN A FOURTEEN COUNTY AREA COMPRISED OF ARANSAS, BEE, BROOKS, CALHOUN, DUVAL, GOLIAD, JIM WELLS, KARNES, KENEDY, KLEBERG, LIVE OAK, NUECES, REFUGIO, SAN PATRICIO AND VICTORIA COUNTIES. DHP ALSO IS CONTRACTED FOR STAR (MEDICAID MANAGED CARE) BEGINNING SEPTEMBER 1, 2006 FOR A NINE COUNTY AREA, WHICH ARE ARANSAS, BEE, CALHOUN, JIM WELLS, KLEBERG, NUECES, REFUGIO, SAN PATRICIO AND VICTORIA. BEGINNING SEPTEMBER 1, 2011, STAR EXPANDED TO INCLUDE FIVE ADDITIONAL RURAL CONTIGUOUS COUNTIES SO THAT BOTH CHIP AND STAR MEDICAID WOULD ENCOMPASS THE SAME FOURTEEN (14) COUNTIES CALLED THE NUECES SERVICE DELIVERY AREA (SDA). ADDITIONALLY, DHP CONTRACTED FOR STAR IN THE HIDALGO SDA (MEDICAID MANAGED CARE) EFFECTIVE MARCH 1, 2012, IN A TEN COUNTY AREA COMPRISED OF CAMERON, DUVAL, HIDALGO, JIM HOGG, MAVERICK, MCMULLEN, STARR, WEBB, WILLACY AND ZAPATA. ON MARCH 1, 2012, DHP ALSO STARTED MANAGING ALL PHARMACEUTICALS ADMINISTERED TO ITS MEMBERS AS THIS BENEFIT WAS CARVED INTO THE SERVICES PROVIDED TO ITS MEMBERS IN THE NEW TEXAS STATEWIDE MANAGED CARE CONTRACTS. IN FACILITATING THE ADMINISTRATION OF PHARMACEUTICALS, DHP CONTRACTED WITH AN EXPERIENCED PHARMACY BENEFIT MANAGER (PBM) OFFERING A ROBUST PHARMACY NETWORK TO ENSURE THE SERVICES WERE ADMINISTERED IN A COMPLIANT, EFFECTIVE AND EFFICIENT MANNER. EFFECTIVE NOVEMBER 1, 2016, DHP CONTRACTED FOR STAR KIDS IN BOTH THE NUECES AND HIDALGO SDA FOR BOTH THE MEDICAL SERVICES AND PHARMACEUTICALS ADMINISTERED TO CHILDREN ENROLLED IN STAR KIDS WHICH IS A TEXAS MEDICAID MANAGED CARE PROGRAM THAT PROVIDES MEDICAID BENEFITS TO CHILDREN AND ADULTS 20 AND YOUNGER WHO HAVE DISABILITIES. DHP IS A HEALTH MAINTENANCE ORGANIZATION (HMO) COMMITTED TO PROVIDING HIGH QUALITY ACCESSIBLE HEALTH CARE TO THE MEDICAID AND CHIP POPULATIONS OF SOUTH TEXAS. ITS AFFILIATION WITH DRISCOLL CHILDREN'S HOSPITAL (DCH), A REGIONAL TERTIARY CARE REFERRAL CENTER FOR ALL SOUTH TEXAS, LENDS TO ITS SUCCESS BY OFFERING ITS MEMBERS DRISCOLL'S DISTINGUISHED, EXTENSIVE NETWORK OF PROVIDERS AND SERVICES. DHP HAS ALSO EXPANDED ITS NETWORK TO INCLUDE PHYSICIANS, HOSPITALS AND SERVICES IN ITS TOTAL EXPANDED SERVICE DELIVERY AREAS, THUS OFFERING DHP MEMBERS A FULL CONTINUUM OF HIGH QUALITY HEALTH CARE SERVICES TAILORED TO MEET THE NEEDS OF THE POPULATION.

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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 $0
Program Service Revenue $1,220,146,212
Investment Income $5,432,235
Other Revenue $0
TOTAL REVENUE $1,225,578,447

Expense Breakdown

Grants Paid $0
Salaries & Benefits $54,020,977
Fundraising Expenses $0
Program Expenses $1,145,403,268
Other Expenses $1,198,744,175
TOTAL EXPENSES $1,252,765,152

Year-over-Year Comparison

2023 2022 Change
Revenue $1,225,578,447 $1,220,319,695 +0.0%
Expenses $1,252,765,152 $1,171,874,203 +0.1%
Net Income $-27,186,705 $48,445,492 -1.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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Liquidity & Cash Position

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Governance

Voting Members
6
Independent Members
5
Employees
551
Volunteers
N/A

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
$4,290,054
Total Directors
6
$1,984,008
Key Employees
1
$247,883
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
N/A Board Member/SECRETARY 1.0
Officer Director
$0 $295,463 $1,984,008
N/A Board Member 1.0
Director
$0 $0 $0
N/A Board Vice Chair 1.0
Director
$0 $0 $0
N/A BOARD CHAIR 1.0
Director
$0 $0 $0
N/A Board Member 1.0
Director
$0 $0 $0
N/A Board Member 1.0
Director
$0 $0 $0
N/A CHIEF FINANCIAL OFFICER 40.0
Officer
$0 $126,995 $632,709
N/A PRESIDENT & CHIEF EXECUTIVE OFFICER 40.0
Officer
$0 $108,303 $735,130
N/A CHIEF OPERATING OFFICER 40.0
Officer
$0 $81,224 $389,830
N/A VP Provider Relations & Network Strategy 40.0
Officer
$0 $84,764 $548,377
N/A Senior Director Finance DCHP 40.0
Key Emp
$0 $31,116 $247,883
N/A Medical Director 40.0
Highest
$0 $31,756 $350,839
N/A Senior Director of Utilization Management 40.0
Highest
$0 $38,413 $263,693
N/A CHIEF MEDICAL OFFICER 40.0
Highest
$0 $134,041 $690,934
N/A Pharmacy Program Director 40.0
Highest
$0 $47,871 $282,199
N/A SENIOR DIRECTOR DATA ANALYTICS 40.0
Highest
$0 $39,201 $254,481
N/A Former Chief Medical Director 1.0
$0 $48,052 $470,818
N/A Former President 1.0
$0 $128,872 $988,772
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 $1,225,578,447 $1,252,765,152 $476,071,494 $-27,186,705
2022 $1,220,319,695 $1,171,874,203 $482,409,975 $48,445,492
2021 $1,055,125,455 $961,773,436 $460,782,364 $93,352,019
2020 $780,282,161 $712,784,944 $330,360,795 $67,497,217
2019 $711,675,223 $770,865,924 $183,126,283 $-59,190,701
2018 $671,609,635 $684,706,674 $150,783,770 $-13,097,039
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