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MVP HEALTH PLAN INC

SCHENECTADY, NY · EIN 141640868 · Form 990 · FY2024 · Very Large (>$50M) · mvphealthcare.com
revenue
$3.2B
expenses
$3.2B
net assets
$448.0M
employees
1,887
program ratio
92%
profile · synthesized from sources

MVP Health Plan Inc is a not-for-profit health insurance provider serving individuals and families in New York and Vermont. It offers Medicare, Medicaid, and employer-sponsored health plans, emphasizing preventive care and partnerships with health systems to improve access. The organization supports community health through provider networks, virtual care services, and wellness initiatives.

named programs · 3 · from sources

What they call their work

Elektra Health Partnership
In-network virtual menopause care program offering board-certified provider visits, lab testing, and prescriptions for MVP Health Care members.
Preventive Care Initiatives
Programs promoting flu shots, back-to-school care, and chronic disease management to close care gaps and support long-term health.
Virtual Care through Gia
24/7 virtual care service for MVP members, providing access to medical consultations for chronic conditions, behavioral health, minor illnesses, and preventive care.
activities · 8 groups

What they do

  • Patient Portal and Digital Health Access 2 activities
    • Delivers virtual and 24/7 care access to members
      Provides 24/7 virtual care access to members through the Gia® by MVP platform and app, including secure messaging, member ID access, claims history, and prescription tools, as well as virtual menopause care through Elektra Health with board-certified providers, lab services, and prescriptions.
    • Provides member self-service digital tools
      Enables members to manage their health coverage through the Gia platform, including verifying prescription coverage and co-pays, comparing drug prices, accessing digital ID cards, viewing claims history, and securely messaging Member Services, along with offering monthly premium payments and auto-pay options.
  • Union and Association Benefit Funds 2 activities
    • Offers health insurance plans to individuals and businesses
      Provides a range of health insurance options including HMO, PPO, and EPO plans with high-deductible variants for businesses of all sizes and individual members, along with Medicare Advantage plans for employer-sponsored retiree coverage that include prescription drug benefits and wellness programs.
    • Provides ancillary health benefit products and services
      Offers health savings accounts (HSAs), health reimbursement arrangements (HRAs), flexible spending accounts (FSAs), COBRA administration services, vision insurance through a partnership with EyeMed, and pediatric and adult dental insurance plans with digital member resources.
  • Program Evaluation and Impact Research 1 activity
    • Administers patient outcomes research
      Conducts the Medicare Health Outcomes Survey to assess and measure patient health outcomes as part of quality improvement efforts.
  • Community Foundation & United Way Support 1 activity
    • Funds and supports community nonprofit organizations
      Funds and supports local nonprofit organizations through grant funding, sponsorships, and a Service Time Off program for employees, including support for City Mission which serves over 600 meals daily and shelters more than 100 individuals.
  • Medical Research & Education Dissemination 1 activity
    • Issues policy and clinical guidance to providers
      Issues quarterly medical and pharmaceutical policy updates to inform providers of coverage and administrative changes and provides a quick-reference guide to support accurate risk adjustment documentation.
  • Healthcare System Administrative Support 1 activity
    • Operates provider network and administrative support systems
      Manages a provider network of over 63,000 medical and behavioral health professionals and 3,400 facilities in New York and Vermont, and supports providers with resources, Availity Essentials for administrative workflows, prior authorization tools, claim and member information access, and guidance on quality initiatives like asthma education in pediatric visits.
  • Community Wellness Movement Classes 1 activity
    • Supports preventive health and community wellness initiatives
      Encourages flu shot access as a preventive health measure and operates community wellness programs including the MVP Striders Walking Club and a fitness court at Hartley Park in Mount Vernon with outdoor workout equipment to promote physical activity and community engagement.
  • Uncategorized 1 activity
    • Supports broker partners with tools and services
      Provides broker partners with resources, dedicated customer service, reporting tools (MVP Core Analytics), and plan documents to assist employer groups and individual members with health coverage enrollment and administration.
financials · form 990 · fy2024
revenue
Total revenue$3.16B
Contributions & grants$00%
Program service revenue$3.14B99%
Investment income$27.52M1%
Other revenue$81
expenses
Total expenses$3.17B
Program expenses92%
Admin / overhead8%
Fundraising0%
Salaries & benefits$717K
Grants paid out$691K
Largest expense lineFacilities
balance sheet
Total assets$875.34M
Cash$187.11M
Investments$151.10M
Liabilities$427.37M
Net assets$447.98M
Liquid reserves1.3 mo
3 years on record · 2020–2024 · YoY revenue +4.1%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 25
NameTitleHours/wkCompensation
CHRISTOPHER DEL VECCHIO PRESIDENT & CEO 29 $2.30M
KARLA AUSTEN CFO/TREASURER 29 $828K
DOMINICK BIZZARRO CHIEF GROWTH OFFICER (THRU 06/24) 30 $734K
CATHERINE BUHLER CLANCY CHIEF OPERATIONS OFFICER 27 $713K
CARL CAMERON CHIEF MEDICAL OFFICER (THRU 08/24) 27 $705K
MICHAEL DELLA VILLA CHIEF DIGITAL & INFORMATION OFFICER 29 $683K
MARGARET WALLINGFORD DIR, CLINICAL INNOVATIONS (THRU 09/24) 31 $633K
LAURIE METHENY CHIEF CUSTOMER EXPERIENCE OFFICER 28 $629K
DEBORAH BRUNDAGE CHIEF MARKETING & SALES OFFICER 32 $625K
AMY HARLOW CHIEF TALENT OFFICER 29 $597K
EMILY TITSWORTH - CHIEF LEGAL OFFICER & GENERAL COUNSEL 29 $563K
JASON MEROLA CHIEF MEDICAL OFFICER 27 $555K
AUGUSTA MARTIN - VP STRATEGIC PROVIDER ENGAGEMENT & CARE MGMT. 27 $507K
JAMES HOPSICKER VP, HEALTH & PHARMACY MANAGEMENT 27 $495K
EVERETT PATTERSON VP, COMMERCIAL & MEDICAL SALES 26 $493K
RICHARD DAL COL - PRESIDENT HEALTH MGMT & STRATEGY (AS OF 04/24) 29 $365K
ALAN GOLDBERG CHAIRMAN 4 $90K
RICHARD D'ASCOLI VICE CHAIR 4 $80K
CURTIS LLOYD DIRECTOR 2 $62K
LINDSAY FARRELL DIRECTOR 2 $61K
MENG-LING HSIAO DIRECTOR 2 $61K
WILLIAM PHELAN DIRECTOR 2 $61K
KEVIN O'CONNOR DIRECTOR 2 $60K
BURT DANOVITZ DIRECTOR 3 $57K
JAMES K REED DIRECTOR (AS OF 01/24) 2 $57K
relationships · 8

Who they work with

  • Availity Partner — Partners with Availity to streamline provider workflows through integrated access to key administrative functions.
  • Belong Health Partner — Collaborates with MVP to deliver personalized, equitable, and accessible care.
  • CAQH Partner — Requires providers to complete their CAQH profile as part of the provider application process.
  • City Mission Partner — Partner organization supported by MVP that provides meals, shelter, and holistic services to individuals in need.
  • Elektra Health Partner — In-network provider offering virtual menopause care for MVP Health Care members.
  • EyeMed Partner — Partnership to offer vision insurance plans under the MVP Vision Plans brand.
  • Gia by MVP Partner — Platform used to deliver virtual care, member services, and health management tools to MVP members.
  • Mass General Brigham Partner — Collaborates with MVP to deliver personalized, equitable, and accessible care.
strategies · 2

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.

  • Integrated Care Delivery
    methodology: integrated_care
    By embedding behavioral health screening and management within primary and specialty care, we improve clinical outcomes for patients with comorbid conditions because coordinated treatment addresses the full spectrum of patient needs simultaneously.
  • Preventive Care Model
    methodology: preventive-care-model
    By shifting from reactive treatment to proactive prevention and wellness, we improve long-term health outcomes because early intervention reduces disease burden and system costs.