Cause IQ organization profile

Paramount Advantage

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

Paramount Advantage is a managed care organization based in Maumee, OH that was founded in 2005. As of 2019 they had $1.3 billion in revenue and $276 million in assets.

To facilitate the provision of health care services for eligible Ohio medicaid consumers through a comprehensive network of physicians, hospitals, and other providers and to advance the betterment of health care throughout the state of Ohio.

Fiscal year end:
Revenue trends:
Asset trends:

Program areas at Paramount Advantage

Paramount Advantage administers Ohio medicaid health care coverage to eligible Ohio residents. - see schedule o.

Consistent with our mission, Paramount Advantage provides a significant amount of community benefit including community health improvement services, health care support services, and cash and in-kind contributions. - see schedule o.

Form 990s for Paramount Advantage

Fiscal year endingDate received by IRSFormPDF link
2018-12Jan 23, 2020990View PDF
2017-12Feb 21, 2019990View PDF
2016-12Dec 27, 2017990View PDF
2015-12Mar 2, 2017990View PDF

Financials for Paramount Advantage

Total grants, contributions, etc.$0
Program services$1,341,108,165
Investment income and dividends$5,491,139
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-779,081
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$1,345,820,223

Vendors for Paramount Advantage

VendorServicesAmount paidDate
Deloitte Tax LLPTax accounting2020-01-23
███ ████████Prescription Benefit Management$387,489,3302018-12-01
█████ ██████ ██ █████████████Dental Benefits Administration$36,529,1442018-12-01

Personnel at Paramount Advantage

NameTitleCompensationMost recent data
Randall OostraPHS President and Chief Executive Officer$0Dec. 31, 2018
Jered WilsonChief Operating Officer , Promedica Insurance Corporate$0Dec. 31, 2018
███████ █ ██████Chief Financial Officer , Promedica Insurance Corporate$0Dec. 31, 2018
██████ █ ████Vice President , Finance Paramount$0Dec. 31, 2018
████ █ █████Vice President , Medical Director , Paramount$0Dec. 31, 2018
████ █ ███████Vice President Business Development$0Dec. 31, 2018
██████ █ █████████Treasurer-Jan. 23, 2020
███████ █ ████████Past Treasurer$0Feb. 19, 2019
████ █ ██████████Former Officer$0Dec. 31, 2018
█████ █ █████Chairperson$0Dec. 31, 2018
...and four more key personnel

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