Cause IQ organization profile

Optima Health

Program areas | Form 990s | Financials | Vendors | Personnel | Peers

Optima Health is a health finance organization based in Norfolk, VA that was founded in 1984. As of 2019 they had $2.3 billion in revenue and $792 million in assets.

Optima Health, based in Virginia provides a full suite of health insurance including consumer-driven, employee-owned and employer-sponsored health plans, individual and family health plans, employee assistance plans as well as Medicare and Medicaid pl...

Previous legal names or variations of their name include: Optima Health Plan.

EIN:
54-1283337
City:
State:
Metro:
Website:
Phone:
757-552-7401
Facebook:
Founded:
1984
Type:
501(c)(3)
NTEE:
Revenue:
$2,388,451,732
Assets:
$792,652,298
Employees:
5
Fiscal year end:
December
Revenue trends:
Asset trends:

Program areas at Optima Health

Optima Health Plan maintains contracts with area providers to supply state of the art systems of Health care, disease prevention and Health promotion for individuals and families in the community in an effective, accessible and affordable manner.see also schedule o

Form 990s for Optima Health

Fiscal year endingDate received by IRSFormPDF link
2018-12Dec 13, 2019990View PDF
2017-12Feb 21, 2019990View PDF
2016-12Dec 22, 2017990View PDF
2015-12Feb 23, 2017990View PDF
2014-12Nov 9, 2017990View PDF
...and eight more Form 990 PDFs

Financials for Optima Health

Field2018
Total grants, contributions, etc.$0
Program services$2,379,431,710
Investment income and dividends$8,328,067
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$691,955
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$2,388,451,732

Vendors for Optima Health

VendorServicesAmount paidDate
Mckesson Health SolutionsInformation Technology Services$1,177,9092017-12-01
████Healthcare Solutions$1,032,4672017-12-01
███ ██████ ███Healthcare Solutions Software$1,346,0922017-12-01
██████ ███ █████ ████████████ ███████Construction$1,165,9672017-12-01
███████████ ████████ ███████ ███Healthcare Solutions Software$732,9812017-12-01

Personnel at Optima Health

NameTitleCompensationMost recent data
Michael M DudleyAnd President and Chief Executive Officer$657,892Dec. 31, 2017
Andy HilbertSenior Vice President and Chief Financial Officer-July 9, 2020
██████ █ █████████Senior Vice President and Chief Marketing Officer$323,797Dec. 31, 2017
██████ █████Senior Vice President of Operations-July 9, 2020
████ ██ ██████████Senior Vice President for Marketing and Sales$320,603July 9, 2020
█████ ███████Senior Vice President of Government Programs-July 9, 2020
█████ ██████████Senior Vice President of Network Management-July 9, 2020
███████ █ █████Medical Director$200,715Dec. 31, 2017
█████ █ █████Medical Director , Care Innovation$204,884Dec. 31, 2017
██████ █ ██████Medical Director$184,684Dec. 31, 2017
...and 10 more key personnel

Peer health care financing and insurance organizations

 NameTypeRevenueLocation
1CareSource501(c)(3)$7.8 billionDayton, OH
2Healthfirst PHSP501(c)(3)$8.1 billionNew York, NY
3Healthfirst Health Plan501(c)(4)$2.6 billionNew York, NY
4AbbVie Patient Assistance Foundation501(c)(3)$1.0 billionNorth Chicago, IL
5Bristol-Myers Squibb Patient Assistance Foundation (BMSPAF)501(c)(3)$1.0 billionLawrenceville, NJ
6Novartis Patient Assistance Foundation (NPAF)501(c)(3)$1.3 billionEast Hanover, NJ
7Mercy Care Plan501(c)(3)$2.3 billionPhoenix, AZ
8University Medical Center Corporation501(c)(3)$685 millionTucson, AZ
9Health Share of Oregon501(c)(3)$1.1 billionPortland, OR
10Healthfirst.501(c)(3)$675 millionNew York, NY
11Mercy Maricopa Integrated Care501(c)(3)$1.1 billionPhoenix, AZ
12MDWISE Excel501(c)(4)$868 millionIndianapolis, IN
13Florida Clinical Practice Association501(c)(3)$667 millionGainesville, FL