Civic Intelligence

Avmed Inc

990 • Fiscal year 2011 • EIN 59-2742907

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

Santafe Healthcareinc PO Box 74932627-0749
Siviq Scores

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

Liabilities / Assets

65th percentile

0.59x

Higher debt load relative to assets than 65% of similar nonprofits.

2011 filings • $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

4th percentile

-10%

Faster asset growth than 4% of similar nonprofits.

2011 filings • $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

$347,696,970

Down $39,698,583 (-10%) from 2010

Net Assets

Down

$142,136,666

Down $62,005,784 (-30%) from 2010

Liabilities

Up

$205,560,304

Up $22,307,201 (+12%) from 2010

Revenue

-

No earlier filing loaded for comparison.

Expenses

Up

$1,389,760,681

Up $108,209,362 (+8.4%) 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.

$600M$400M$200M$0Assets 2010: $387,395,553Liabilities 2010: $183,253,103Net Assets 2010: $204,142,4502010Assets 2011: $347,696,970Liabilities 2011: $205,560,304Net Assets 2011: $142,136,6662011Assets 2012: $318,299,641Liabilities 2012: $150,919,491Net Assets 2012: $167,380,1502012Assets 2013: $324,019,338Liabilities 2013: $146,988,326Net Assets 2013: $177,031,0122013Assets 2014: $304,403,355Liabilities 2014: $174,561,692Net Assets 2014: $129,841,6632014Assets 2015: $338,905,415Liabilities 2015: $222,487,995Net Assets 2015: $116,417,4202015Assets 2016: $343,302,295Liabilities 2016: $241,303,491Net Assets 2016: $101,998,8042016Assets 2017: $363,213,925Liabilities 2017: $275,217,965Net Assets 2017: $87,995,9602017Assets 2018: $282,263,907Liabilities 2018: $183,848,483Net Assets 2018: $98,415,4242018Assets 2019: $315,636,347Liabilities 2019: $184,572,999Net Assets 2019: $131,063,3482019Assets 2020: $369,005,031Liabilities 2020: $214,855,289Net Assets 2020: $154,149,7422020Assets 2021: $315,740,193Liabilities 2021: $200,522,666Net Assets 2021: $115,217,5272021Assets 2022: $378,952,909Liabilities 2022: $307,966,047Net Assets 2022: $70,986,8622022Assets 2023: $536,967,116Liabilities 2023: $300,551,175Net Assets 2023: $236,415,9412023Assets 2024: $444,319,576Liabilities 2024: $326,111,075Net Assets 2024: $118,208,5012024

Highlighted filing

2011

Assets$347,696,970
Liabilities$205,560,304
Net Assets$142,136,666

Operations Trend

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

$1.5B$1.0B$500M$0-$500MExpenses 2010: $1,281,551,3192010Expenses 2011: $1,389,760,6812011Expenses 2012: $948,752,2042012Revenue 2013: $843,708,250Expenses 2013: $833,603,903Net Income 2013: $10,104,3472013Revenue 2014: $788,361,609Expenses 2014: $830,486,299Net Income 2014: -$42,124,6902014Revenue 2015: $889,662,514Expenses 2015: $892,711,604Net Income 2015: -$3,049,0902015Revenue 2016: $1,035,029,269Expenses 2016: $1,049,044,053Net Income 2016: -$14,014,7842016Revenue 2017: $1,178,516,600Expenses 2017: $1,181,939,416Net Income 2017: -$3,422,8162017Revenue 2018: $991,428,569Expenses 2018: $974,599,080Net Income 2018: $16,829,4892018Revenue 2019: $765,436,449Expenses 2019: $743,783,476Net Income 2019: $21,652,9732019Revenue 2020: $708,415,108Expenses 2020: $692,467,099Net Income 2020: $15,948,0092020Revenue 2021: $800,159,081Expenses 2021: $821,686,669Net Income 2021: -$21,527,5882021Revenue 2022: $823,068,692Expenses 2022: $988,921,823Net Income 2022: -$165,853,1312022Revenue 2023: $698,732,792Expenses 2023: $809,427,276Net Income 2023: -$110,694,4842023Revenue 2024: $616,585,583Expenses 2024: $800,710,663Net Income 2024: -$184,125,0802024

Highlighted filing

2011

Revenue-
Expenses$1,389,760,681
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
$1,610,306,694
Mission and Program Overview

Mission

The mission of avmed, inc. Is to help our members live healthier by providing access to high quality, affordable health care services through a network of credentialed health care providers located throughout avmed inc.'s service areas. Avmed provides affordable, non-commercial-type health benefits contracts, educates its enrollees about health issues, provides wellness and disease prevention programs, conducts health fairs, provides disease and chronic care management programs, manages complex cases, and provides prescription drugs and certain medical research programs. Avmed offers its program of services at affordable fixed prices to florida employers and vulnerable populations including individuals, small employer groups and senior citizens through the medicare advantage program (including prescription drugs).

Major Activities

Activity 2
Avmed provided education, wellness and disease prevention, health fairs, disease and chronic care management, management of complex cases, clinical education and coordination, and other health improvement services. Avmed maintained its "excellent" accreditation status, the highest ranking status, from the national committee for quality assurance (ncqa) for its programs of health care. Avmed annually measures the health care performance of its network of providers through the healthcare effectiveness data and information set (hedis) process. Hedis includes 81 measures across 8 domains of care.for 2011, avmed's results were ranked at the 75th percentile or higher nationally for 16 of the 28 health care measures and at the 50th percentile or higher for 23 of the 28 health care measures used in the ncqa accreditation scoring for its commercial products. For the medicare product, avmed's results were ranked at the 75th percentile or higher for 14 of the 21 health care measures and at the 50th percentile or higher for 16 out of the 21 health care measures used in the ncqa accreditation scoring.avmed also annually measures the satisfaction of its members through the consumer assessment of healthcare providers and systems (cahps) survey. The survey provides information on the experiences of avmed members with the health plan and how well the health plan meets members' expectations. 80% of avmed's members who responded to the 2011 annual survey rated avmed overall as a health plan at 8, 9, or 10 on a scale of 0 to 10, where 10 is the highest rating.
Filing and Contact Details

Filer

EIN
59-2742907
Raw XML AppendixShowing 400 of 1,046 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Activity2/Description0AVMED PROVIDED EDUCATION, WELLNESS AND DISEASE PREVENTION, HEALTH FAIRS, DISEASE AND CHRONIC CARE MANAGEMENT, MANAGEMENT OF COMPLEX CASES, CLINICAL EDUCATION AND COORDINATION, AND OTHER HEALTH IMPROVEMENT SERVICES. AVMED MAINTAINED ITS "EXCELLENT" ACCREDITATION STATUS, THE HIGHEST RANKING STATUS, FROM THE NATIONAL COMMITTEE FOR QUALITY ASSURANCE (NCQA) FOR ITS PROGRAMS OF HEALTH CARE. AVMED ANNUALLY MEASURES THE HEALTH CARE PERFORMANCE OF ITS NETWORK OF PROVIDERS THROUGH THE HEALTHCARE EFFECTIVENESS DATA AND INFORMATION SET (HEDIS) PROCESS. HEDIS INCLUDES 81 MEASURES ACROSS 8 DOMAINS OF CARE.FOR 2011, AVMED'S RESULTS WERE RANKED AT THE 75TH PERCENTILE OR HIGHER NATIONALLY FOR 16 OF THE 28 HEALTH CARE MEASURES AND AT THE 50TH PERCENTILE OR HIGHER FOR 23 OF THE 28 HEALTH CARE MEASURES USED IN THE NCQA ACCREDITATION SCORING FOR ITS COMMERCIAL PRODUCTS. FOR THE MEDICARE PRODUCT, AVMED'S RESULTS WERE RANKED AT THE 75TH PERCENTILE OR HIGHER FOR 14 OF THE 21 HEALTH CARE MEASURES AND AT THE 50TH PERCENTILE OR HIGHER FOR 16 OUT OF THE 21 HEALTH CARE MEASURES USED IN THE NCQA ACCREDITATION SCORING.AVMED ALSO ANNUALLY MEASURES THE SATISFACTION OF ITS MEMBERS THROUGH THE CONSUMER ASSESSMENT OF HEALTHCARE PROVIDERS AND SYSTEMS (CAHPS) SURVEY. THE SURVEY PROVIDES INFORMATION ON THE EXPERIENCES OF AVMED MEMBERS WITH THE HEALTH PLAN AND HOW WELL THE HEALTH PLAN MEETS MEMBERS' EXPECTATIONS. 80% OF AVMED'S MEMBERS WHO RESPONDED TO THE 2011 ANNUAL SURVEY RATED AVMED OVERALL AS A HEALTH PLAN AT 8, 9, OR 10 ON A SCALE OF 0 TO 10, WHERE 10 IS THE HIGHEST RATING.
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IRS990/ActivityOrMissionDescription0TO IMPROVE THE HEALTH & WELLNESS OF OUR MEMBERS BY PROVIDING HIGH QUALITY HEALTH CARE PLANS.TO IMPROVE THE HEALTH AND WELLNESS OF OUR ENROLLEES BY PROVIDING HIGH QUALITY, COST-EFFECTIVE HEALTH CARE PLANS AND SERVICES TO THE EMPLOYERS AND MEMBERS WE SERVE. SEE PART III, LINE 1 FOR MORE INFORMATION.
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IRS990/Description0AVMED INC. (AVMED OR DBA AVMED HEALTH PLANS) PROVIDED HEALTH MAINTENANCE ORGANIZATION SERVICES TO EMPLOYERS AND INDIVIDUALS, INCLUDING SMALL EMPLOYER GROUPS AND SENIOR CITIZENS, REPRESENTING 2,828,728 MEMBER MONTHS OF NETWORK ACCESS, 3,121,463 DRUG PRESCRIPTIONS, AND 92,600 DAYS OF INPATIENT CARE.
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IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs240
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs250
IRS990/Form990PartVIISectionA/Title0CHAIRMAN/DIRECTOR
IRS990/Form990PartVIISectionA/Title1SECRETARY/DIRECTOR
IRS990/Form990PartVIISectionA/Title2VICE CHAIRMAN/TREASURER/DI
IRS990/Form990PartVIISectionA/Title3DIRECTOR
IRS990/Form990PartVIISectionA/Title4DIRECTOR
IRS990/Form990PartVIISectionA/Title5DIRECTOR
IRS990/Form990PartVIISectionA/Title6DIRECTOR
IRS990/Form990PartVIISectionA/Title7DIRECTOR
IRS990/Form990PartVIISectionA/Title8DIRECTOR
IRS990/Form990PartVIISectionA/Title9DIRECTOR
IRS990/Form990PartVIISectionA/Title10DIRECTOR
IRS990/Form990PartVIISectionA/Title11CHIEF EXECUTIVE OFFICER/DI
IRS990/Form990PartVIISectionA/Title12PRESIDENT AND CHIEF OPERAT
IRS990/Form990PartVIISectionA/Title13ASSISTANT SECRETARY
IRS990/Form990PartVIISectionA/Title14SR VP AND CFO/ASST. TREASU
IRS990/Form990PartVIISectionA/Title15SR VP/ASSISTANT SECRETARY
IRS990/Form990PartVIISectionA/Title16SR VP SALES & MARKETING
IRS990/Form990PartVIISectionA/Title17SR VP NETWORK
IRS990/Form990PartVIISectionA/Title18SR VP SALES & MARKETING
IRS990/Form990PartVIISectionA/Title19SR VP UNDERWRITING AND REGULATORY AFFAIRS
IRS990/Form990PartVIISectionA/Title20VP CLIENT SERVICES
IRS990/Form990PartVIISectionA/Title21REGIONAL MEDICAL DIRECTOR
IRS990/Form990PartVIISectionA/Title22REGIONAL MEDICAL DIRECTOR
IRS990/Form990PartVIISectionA/Title23VICE PRESIDENT INFORMATION SYSTEMS
IRS990/Form990PartVIISectionA/Title24VP CLAIMS AND SERVICE OPERATIONS
IRS990/Form990PartVIISectionA/Title25FORMER ASSISTANT SECRETARY
IRS990/Form990ProvidedToGoverningBody01
IRS990/FormersListed01
IRS990/FSAudited01
IRS990/FundraisingActivities00
IRS990/GainOrLoss/Other02040617
IRS990/GainOrLoss/Securities06927276
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IRS990/InfoInScheduleOPartVI0X
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IRS990/MissionDescription0THE MISSION OF AVMED, INC. IS TO IMPROVE THE HEALTH AND WELLNESS OF ITS ENROLLEES BY PROVIDING ACCESS TO HIGH QUALITY, AFFORDABLE HEALTH CARE SERVICES THROUGH A NETWORK OF CREDENTIALED HEALTH CARE PROVIDERS LOCATED THROUGHOUT AVMED INC.'S SERVICE AREAS. AVMED PROVIDES AFFORDABLE, NON-COMMERCIAL-TYPE HEALTH BENEFITS CONTRACTS, EDUCATES ITS ENROLLEES ABOUT HEALTH ISSUES, PROVIDES WELLNESS AND DISEASE PREVENTION PROGRAMS, CONDUCTS HEALTH FAIRS, PROVIDES DISEASE AND CHRONIC CARE MANAGEMENT PROGRAMS, MANAGES COMPLEX CASES, AND PROVIDES PRESCRIPTION DRUGS AND CERTAIN MEDICAL RESEARCH PROGRAMS. AVMED OFFERS ITS PROGRAM OF SERVICES AT AFFORDABLE FIXED PRICES TO FLORIDA EMPLOYERS AND VULNERABLE POPULATIONS INCLUDING INDIVIDUALS, SMALL EMPLOYER GROUPS AND SENIOR CITIZENS THROUGH THE MEDICARE ADVANTAGE PROGRAM (INCLUDING PRESCRIPTION DRUGS).
IRS990/MoreThan5000KToIndividuals00
IRS990/MoreThan5000KToOrganizations00
IRS990/NameOfPrincipalOfficerPerson0MICHAEL P GALLAGHER
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IRS990/NbrVotingGoverningBodyMembers012
IRS990/NbrVotingMembersGoverningBody012
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IRS990/NumberOfContractorsGT100K01062
IRS990/NumberOfEmployees0982
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IRS990/OfficeExpenses/ProgramServices03856959
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IRS990/OtherAssetsTotal/BOY010367537
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IRS990/OtherEmployeeBenefits/ManagementAndGeneral02078414
IRS990/OtherEmployeeBenefits/ProgramServices03427266
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IRS990/OtherExpensePriorYear01202281767
IRS990/OtherExpensesCurrentYear01318241701
IRS990/OtherExpenses/Description0LICENSES AND FEES
IRS990/OtherExpenses/Description1DUES AND ASSESSMENTS

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$444$326$118$617$801$184
2023Detailed filing. Detailed filing data is available for this year.$537$301$236$699$809$111
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$379$308$71.0$823$989$166
2021Detailed filing. Detailed filing data is available for this year.$316$201$115$800$822$21.5
2020Detailed filing. Detailed filing data is available for this year.$369$215$154$708$692$15.9
2019Detailed filing. Detailed filing data is available for this year.$316$185$131$765$744$21.7
2018Detailed filing. Detailed filing data is available for this year.$282$184$98.4$991$975$16.8
2017Detailed filing. Detailed filing data is available for this year.$363$275$88.0$1,179$1,182$3.42
2016Detailed filing. Detailed filing data is available for this year.$343$241$102$1,035$1,049$14.0
2015Detailed filing. Detailed filing data is available for this year.$339$222$116$890$893$3.05
2014Detailed filing. Detailed filing data is available for this year.$304$175$130$788$830$42.1
2013Detailed filing. Detailed filing data is available for this year.$324$147$177$844$834$10.1
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$318$151$167$949
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$348$206$142$1,390
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$387$183$204$1,282