COLUMBUS, OH
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)MOUNT CARMEL HEALTH PLAN OF NEW YORK INC, founded in 2019, is a community nonprofit that reported $4.1M in total revenue in fiscal year 2024. Revenue surged 48% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.0M, a strong 24% operating margin.
WE, MOUNT CARMEL AND TRINITY HEALTH, SERVE TOGETHER IN THE SPIRIT OF THE GOSPEL AS A COMPASSIONATE AND TRANSFORMING HEALING PRESENCE WITHIN OUR COMMUNITIES.MOUNT CARMEL HEALTH PLAN OF NEW YORK IS A MEMBER OF MOUNT CARMEL AND TRINITY HEALTH.
MOUNT CARMEL HEALTH PLAN OF NEW YORK WAS FORMED IN 2019 FOR THE PURPOSE OF PROVIDING COMPREHENSIVE HEALTH CARE COVERAGE TO SENIORS IN NEW YORK AS A WHOLLY OWNED SUBSIDIARY OF MOUNT CARMEL HEALTH...
MOUNT CARMEL HEALTH PLAN OF NEW YORK WAS FORMED IN 2019 FOR THE PURPOSE OF PROVIDING COMPREHENSIVE HEALTH CARE COVERAGE TO SENIORS IN NEW YORK AS A WHOLLY OWNED SUBSIDIARY OF MOUNT CARMEL HEALTH PLAN. IT IS A MEMBER OF THE MOUNT CARMEL HEALTH SYSTEM, A TAX-EXEMPT HEALTH CARE SYSTEM UNDER IRC SECTION 501(C)(3). MOUNT CARMEL HEALTH PLAN OF NEW YORK IS A NONPROFIT ORGANIZATION THAT OFFERS BENEFITS THROUGH A MEDICARE ADVANTAGE PLAN (MEDIGOLD) APPROVED BY THE CENTERS OF MEDICARE AND MEDICAID SERVICES (CMS) THAT REPLACES TRADITIONAL MEDICARE COVERAGE. MEDIGOLD SERVES SENIORS AND OTHER MEDICARE BENEFICIARIES IN EIGHT NEW YORK COUNTIES.MEDIGOLD MEMBERS ELECT TO HAVE MOUNT CARMEL HEALTH PLAN OF NEW YORK (INSTEAD OF THE FEDERAL GOVERNMENT) ADMINISTER THE BENEFITS OF MEDICARE PART A AND PART B, AND MEDIGOLD ALSO OFFERS PHARMACEUTICAL COVERAGE UNDER MEDICARE PART D. MOUNT CARMEL HEALTH PLAN OF NEW YORK IS REQUIRED TO PROVIDE COVERAGE FOR EVERYTHING THAT THE FEDERAL MEDICARE PROGRAM COVERS, PLUS MEDIGOLD ALSO OFFERS ADDITIONAL ITEMS SUCH AS: UNLIMITED INPATIENT HOSPITAL DAYS COVERED AT 100% WITH NO DEDUCTIBLE; OUTPATIENT SURGERY FOR A SMALL CO-PAYMENT; DIAGNOSTIC AND TESTING SERVICES FOR A SMALL CO-PAYMENT; HOME HEALTH CARE AND SKILLED NURSING CARE COVERAGE WHEN NECESSARY; PRESCRIPTION DRUG BENEFITS; PHYSICIAN OFFICE VISITS WITH FIXED COPAYMENTS; AND UNLIMITED GENERIC DRUG COVERAGE.AS AN INTEGRAL PART OF MOUNT CARMEL HEALTH SYSTEM, MOUNT CARMEL HEALTH PLAN OF NEW YORK IS A COMMUNITY-BASED MANAGED HEALTH CARE ORGANIZATION THAT WORKS IN COLLABORATION WITH EMPLOYERS, INDIVIDUAL MEMBERS, PHYSICIANS, HEALTH CARE PROVIDERS, AND COMMUNITY AND GOVERNMENTAL AGENCIES TO CONTINUALLY IMPROVE THE HEALTH OF ITS MEMBERS BY PROVIDING EXCEPTIONAL COVERAGE AND ACCESS TO HIGH QUALITY AND COST-EFFECTIVE CARE.PLEASE VISIT OUR WEBSITE FOR ADDITIONAL INFORMATION:WWW.THPMEDICARE.ORG/NEW-YORK
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $4,147,541 | $2,804,082 | +0.5% |
| Expenses | $3,145,851 | $2,506,029 | +0.3% |
| Net Income | $1,001,690 | $298,053 | +2.4% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| JACK RANDOLPH | DIRECTOR; CHAIR; PRESIDENT & CEO | 2.00 |
Officer
Director
|
$0 | $198,404 | $1,121,281 |
| ANDY PRIDAY | MOUNT CARMEL CFO | 2.00 |
Officer
|
$0 | $35,089 | $584,670 |
| MARK MURPHY | DIR;VP & CHIEF STRAT OFFICER, NY REG | 2.00 |
Director
|
$0 | $63,416 | $577,276 |
| GREG WISE MD | MEDICAL DIRECTOR MCHP | 2.00 |
Key Emp
|
$0 | $32,473 | $466,792 |
| DAVID VIS | DIR; SEC;TREAS;VP FINANCE OPERATIONS | 2.00 |
Officer
Director
|
$0 | $44,341 | $444,028 |
| CARLOS ALVARADO | CHIEF ADMINISTRATIVE OFFICER MCHP | 2.00 |
Key Emp
|
$0 | $54,963 | $387,708 |
| TRISHA WHETSTONE | ASST SECRETARY; MCHS ASSOC COUNSEL | 2.00 |
Officer
|
$0 | $44,947 | $264,412 |
| FATOU NDOYE | ASST TREASURER; MCHP CONTROLLER | 2.00 |
Officer
|
$0 | $49,873 | $243,058 |
| GINO LOGIUDICE | SALES MANAGER | 40.00 |
Highest
|
$0 | $40,676 | $188,365 |
| CHRIS BRINO | MARKET MANAGER | 40.00 |
Highest
|
$0 | $3,581 | $136,870 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $4,147,541 | $3,145,851 | $27,530,233 | $1,001,690 |
| 2023 | $2,804,082 | $2,506,029 | $26,180,291 | $298,053 |
| 2022 | $2,848,324 | $2,769,650 | $24,800,697 | $78,674 |
| 2021 | $31,278 | $1,550 | $27,028,993 | $29,728 |
| 2020 | $338,910 | $1,470 | $22,127,078 | $337,440 |
Compare MOUNT CARMEL HEALTH PLAN OF NEW YORK INC with other nonprofits in Ohio and across the country.