Civic Intelligence

Mdwise Inc

990 • Fiscal year 2011 • EIN 35-1931354

Jan 01, 2011 to Dec 31, 2011 • Filed on Nov 13, 2012

1200 Madison Avenue46225
Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

54th percentile

0.45x

Higher debt load relative to assets than 54% of similar nonprofits.

2011 filings • $250M-$1B nonprofits • Source year 2011

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2011

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2011

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2011

Asset Growth

6th percentile

-6.5%

Faster asset growth than 6% of similar nonprofits.

2011 filings • $250M-$1B nonprofits • Annualized from 2010 to 2011

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Down

$61,059,469

Down $4,228,048 (-6.5%) from 2010

Net Assets

Up

$33,558,226

Up $2,297,453 (+7.3%) from 2010

Liabilities

Down

$27,501,243

Down $6,525,501 (-19%) from 2010

Revenue

-

No earlier filing loaded for comparison.

Expenses

Down

$445,811,150

Down $39,324,072 (-8.1%) from 2010

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$800M$600M$400M$200M$0Assets 2010: $65,287,517Liabilities 2010: $34,026,744Net Assets 2010: $31,260,7732010Assets 2011: $61,059,469Liabilities 2011: $27,501,243Net Assets 2011: $33,558,2262011Assets 2012: $79,282,022Liabilities 2012: $42,986,518Net Assets 2012: $36,295,5042012Assets 2013: $72,023,514Liabilities 2013: $39,448,195Net Assets 2013: $32,575,3192013Assets 2014: $98,883,222Liabilities 2014: $55,598,345Net Assets 2014: $43,284,8772014Assets 2015: $339,854,114Liabilities 2015: $265,804,035Net Assets 2015: $74,050,0792015Assets 2016: $310,489,675Liabilities 2016: $206,949,312Net Assets 2016: $103,540,3632016Assets 2017: $397,683,911Liabilities 2017: $281,059,911Net Assets 2017: $116,624,0002017Assets 2018: $398,850,570Liabilities 2018: $288,652,627Net Assets 2018: $110,197,9432018Assets 2019: $368,555,855Liabilities 2019: $224,203,249Net Assets 2019: $144,352,6062019Assets 2020: $528,082,609Liabilities 2020: $328,779,613Net Assets 2020: $199,302,9962020Assets 2021: $465,353,374Liabilities 2021: $256,850,721Net Assets 2021: $208,502,6532021Assets 2022: $686,951,288Liabilities 2022: $412,302,310Net Assets 2022: $274,648,9782022Assets 2023: $693,759,619Liabilities 2023: $455,455,582Net Assets 2023: $238,304,0372023Assets 2024: $686,158,141Liabilities 2024: $434,712,747Net Assets 2024: $251,445,3942024

Highlighted filing

2011

Assets$61,059,469
Liabilities$27,501,243
Net Assets$33,558,226

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$2.0B$1.5B$1.0B$500M$0-$500MExpenses 2010: $485,135,2222010Expenses 2011: $445,811,1502011Expenses 2012: $451,761,1222012Revenue 2013: $457,589,942Expenses 2013: $460,189,122Net Income 2013: -$2,599,1802013Revenue 2014: $596,206,768Expenses 2014: $593,878,332Net Income 2014: $2,328,4362014Revenue 2015: $1,044,972,543Expenses 2015: $1,031,207,337Net Income 2015: $13,765,2062015Revenue 2016: $1,449,040,935Expenses 2016: $1,419,550,651Net Income 2016: $29,490,2842016Revenue 2017: $1,479,206,943Expenses 2017: $1,466,123,306Net Income 2017: $13,083,6372017Revenue 2018: $1,268,160,486Expenses 2018: $1,244,996,271Net Income 2018: $23,164,2152018Revenue 2019: $1,263,222,506Expenses 2019: $1,221,588,489Net Income 2019: $41,634,0172019Revenue 2020: $1,319,626,095Expenses 2020: $1,267,569,966Net Income 2020: $52,056,1292020Revenue 2021: $1,573,928,863Expenses 2021: $1,528,009,666Net Income 2021: $45,919,1972021Revenue 2022: $1,873,130,560Expenses 2022: $1,820,219,621Net Income 2022: $52,910,9392022Revenue 2023: $1,962,990,873Expenses 2023: $1,903,254,350Net Income 2023: $59,736,5232023Revenue 2024: $1,812,972,288Expenses 2024: $1,765,706,104Net Income 2024: $47,266,1842024

Highlighted filing

2011

Revenue-
Expenses$445,811,150
Net Income-
Jump To
Filing Snapshot
Filing Period
Jan 1, 2011 to Dec 31, 2011
Signed
Nov 13, 2012
Return Version
2011v1.2
Gross Receipts
$466,820,905
Mission and Program Overview

Mission

To provide high-quality, affordable healthcare and improve the well-being of our members by engaging exceptional associates, community leaders and healthcare professionals.

Major Activities

Activity 2
Healthy indiana plan: beginning 1/1/08, mdwise began a three-year contract with the state, through ompp and the family and social services administration (fssa), to establish and administer a statewide, risk-bearing network to deliver health care to uninsured indiana residents under the new health care coverage plan. Mdwise, partnering with affiliated computer services (acs), performs its obligations in part through health care delivery systems and their network of plan providers. On june 2, 2010, mdwise was awarded a joint contract for hhw and hip programs to begin january 1, 2011.there were 9,800 members enrolled in the healthy indiana product at 12/31/2011.
Activity 3
Indiana care select program: beginning 10/01/2007, mdwise was granted a four-year contract with the state, through ompp, to conduct certain care management and prior authorization functions, including care coordination, disease management, utilization management, and disposition or prior authorization requests, for the indiana care select program (care select). During 2011, the state amended the contract to extend through to october 2013. The plan was responsible for 20,200 members at 12/31/2011.
Filing and Contact Details

Filer

EIN
35-1931354
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IRS990/Activity2/Description0HEALTHY INDIANA PLAN: BEGINNING 1/1/08, MDWISE BEGAN A THREE-YEAR CONTRACT WITH THE STATE, THROUGH OMPP AND THE FAMILY AND SOCIAL SERVICES ADMINISTRATION (FSSA), TO ESTABLISH AND ADMINISTER A STATEWIDE, RISK-BEARING NETWORK TO DELIVER HEALTH CARE TO UNINSURED INDIANA RESIDENTS UNDER THE NEW HEALTH CARE COVERAGE PLAN. MDWISE, PARTNERING WITH AFFILIATED COMPUTER SERVICES (ACS), PERFORMS ITS OBLIGATIONS IN PART THROUGH HEALTH CARE DELIVERY SYSTEMS AND THEIR NETWORK OF PLAN PROVIDERS. ON JUNE 2, 2010, MDWISE WAS AWARDED A JOINT CONTRACT FOR HHW AND HIP PROGRAMS TO BEGIN JANUARY 1, 2011.THERE WERE 9,800 MEMBERS ENROLLED IN THE HEALTHY INDIANA PRODUCT AT 12/31/2011.
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IRS990/Form990PartVIISectionA/Title15CHIEF FINANCIAL OFFICER
IRS990/Form990PartVIISectionA/Title16VP OF QUALITY IMPROVEMENT
IRS990/Form990PartVIISectionA/Title17CHIEF MEDICAL OFFICER
IRS990/Form990PartVIISectionA/Title18GENERAL COUNSEL
IRS990/Form990PartVIISectionA/Title19DIRECTOR OF SYSTEM INTEGRATION
IRS990/Form990PartVIISectionA/Title20DIRECTOR OF INFORMATION SYSTEMS
IRS990/Form990PartVIISectionA/Title21DIRECTOR OF NETWORK DEVELOPMENT
IRS990/Form990PartVIISectionA/Title22CHIEF OF BUSINESS DEV & MARKETING
IRS990/Form990PartVIISectionA/Title23VP OF INFORMATION SERVICES
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IRS990/MissionDescription0MDWISE IS A NOT-FOR-PROFIT HEALTH MAINTENANCE ORGANIZATION CONTRACTING WITH HEALTHCARE PROVIDERS TO PROVIDE HEALTHCARE SERVICES TO ITS INDIANA MEMBERS FOR THREE STATE PROGRAMS: HOOSIER HEALTHWISE, INDIANA CARE SELECT AND HEALTHY INDIANA PLAN. MDWISE ACCOMPLISHED ITS CORE VALUES THROUGH A FIVE-FOLD MISSION: 1. DELIVERING CONSISTENT, HIGH QUALITY CARE. 2. FOCUSING ON FAMILIES AND COMMUNITY IN A CULTURALLY COMPETENT WAY. 3. SHAPING HEALTH POLICY AND PROMOTING INNOVATION IN MEDICAID MANAGED CARE. 4. ENSURING FINANCIAL VIABILITY THROUGH EFFICIENT AND COST EFFECTIVE OPERATIONS. 5. INVOLVING PROVIDERS IN KEY DECISION MAKING AND NURTURING LOCAL GOVERNANCE OF THE MDWISE PRODUCT.
IRS990/MoreThan5000KToIndividuals0false
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IRS990/NameOfPrincipalOfficerBusiness/BusinessNameLine10CHARLOTTE MACBETH
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IRS990/OtherExpensePriorYear0471707578
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IRS990/OtherExpenses/Description0DELIVERY SYSTEM PAYMENTS
IRS990/OtherExpenses/Description1REINSURANCE
IRS990/OtherExpenses/Description2TRANSPORTATION

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$686$435$251$1,813$1,766$47.3
2023Detailed filing. Detailed filing data is available for this year.$694$455$238$1,963$1,903$59.7
2022Detailed filing. Detailed filing data is available for this year.$687$412$275$1,873$1,820$52.9
2021Detailed filing. Detailed filing data is available for this year.$465$257$209$1,574$1,528$45.9
2020Detailed filing. Detailed filing data is available for this year.$528$329$199$1,320$1,268$52.1
2019Detailed filing. Detailed filing data is available for this year.$369$224$144$1,263$1,222$41.6
2018Detailed filing. Detailed filing data is available for this year.$399$289$110$1,268$1,245$23.2
2017Detailed filing. Detailed filing data is available for this year.$398$281$117$1,479$1,466$13.1
2016Detailed filing. Detailed filing data is available for this year.$310$207$104$1,449$1,420$29.5
2015Detailed filing. Detailed filing data is available for this year.$340$266$74.1$1,045$1,031$13.8
2014Detailed filing. Detailed filing data is available for this year.$98.9$55.6$43.3$596$594$2.33
2013Detailed filing. Detailed filing data is available for this year.$72.0$39.4$32.6$458$460$2.60
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$79.3$43.0$36.3$452
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$61.1$27.5$33.6$446
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$65.3$34.0$31.3$485