2025-11-11T12:07:23-06:00 2024-12-31 991856619 GRANT THORNTON ADVISORS LLC 757 THIRD AVENUE 9TH FLOOR NEW YORK NY 100172013 990 2024-01-01 141640868 MVP HEALTH PLAN INC MVPH 5183882357 625 STATE STREET SCHENECTADY NY 12305 KARLA AUSTEN CFO/TREASURER 5184274600 2025-11-11 1 1 SCOTT THOMPSETT P00741490 2125990100 2024 2025-03-06 01:10:19Z CHRISTOPHER DEL VECCHIO 625 STATE STREET SCHENECTADY NY 12305 3287038004 0 X WWW.MVPHEALTHCARE.COM X 1982 NY SEE SCHEDULE O 9 9 1887 0 0 0 0 0 3027027585 3135909547 12819763 27516519 0 81 3039847348 3163426147 627934 690887 0 0 643650 717265 0 0 0 3026686972 3169748895 3027958556 3171157047 11888792 -7730900 915432292 875342477 456671021 427366608 458761271 447975869 X IMPROVING HEALTH. PROVIDING PEACE OF MIND. SERVING UPSTATE NY AND VT COMMUNITIES INCLUDING THEIR NY MEDICAID, CHIP, HARP, ESSENTIAL PLAN, MEDICARE & EXCHANGE POPULATIONS. 0 0 2923351151 690887 3135909547 SEE SCHEDULE O 2923351151 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 16748 0 1 1887 1 0 0 0 0 0 0 0 0 0 0 1 0 X 9 9 0 0 0 0 1 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X KARLA A AUSTEN 5183882357 625 STATE STREET SCHENECTADY NY 12305 ALAN GOLDBERG CHAIRMAN 4.00 4.00 X 89500 0 0 RICHARD D'ASCOLI VICE CHAIR 3.50 3.50 X 79500 0 0 CURTIS LLOYD DIRECTOR 1.50 1.50 X 61500 0 0 MENG-LING HSIAO DIRECTOR 2.00 2.00 X 60500 0 0 LINDSAY FARRELL DIRECTOR 1.50 1.50 X 60500 0 0 WILLIAM PHELAN DIRECTOR 1.50 1.50 X 60500 0 0 KEVIN O'CONNOR DIRECTOR 1.50 1.50 X 59500 0 0 BURT DANOVITZ DIRECTOR 3.00 3.00 X 56500 0 0 JAMES K REED DIRECTOR (AS OF 01/24) 1.50 1.50 X 56500 0 0 CHRISTOPHER DEL VECCHIO PRESIDENT & CEO 28.80 8.70 X 1727707 522078 45840 KARLA AUSTEN CFO/TREASURER 29.42 8.08 X 623350 171210 33564 EMILY TITSWORTH - CHIEF LEGAL OFFICER & GENERAL COUNSEL 28.91 8.59 X 399304 118727 44765 DOMINICK BIZZARRO CHIEF GROWTH OFFICER (THRU 06/24) 30.09 7.41 X 557712 137383 38532 CATHERINE BUHLER CLANCY CHIEF OPERATIONS OFFICER 26.80 10.70 X 477677 190789 44475 CARL CAMERON CHIEF MEDICAL OFFICER (THRU 08/24) 26.60 10.90 X 473353 193908 37408 MICHAEL DELLA VILLA CHIEF DIGITAL & INFORMATION OFFICER 28.87 8.63 X 493287 147456 42429 LAURIE METHENY CHIEF CUSTOMER EXPERIENCE OFFICER 27.79 9.71 X 436683 152635 39825 AMY HARLOW CHIEF TALENT OFFICER 28.66 8.84 X 439906 135629 21240 JASON MEROLA CHIEF MEDICAL OFFICER 26.60 10.90 X 358527 146870 49194 RICHARD DAL COL - PRESIDENT HEALTH MGMT & STRATEGY (AS OF 04/24) 28.80 8.70 X 279646 84503 1098 MARGARET WALLINGFORD DIR, CLINICAL INNOVATIONS (THRU 09/24) 31.30 6.20 X 509902 100979 21645 DEBORAH BRUNDAGE CHIEF MARKETING & SALES OFFICER 31.74 5.76 X 491761 89242 44227 AUGUSTA MARTIN - VP STRATEGIC PROVIDER ENGAGEMENT & CARE MGMT. 26.60 10.90 X 327887 134318 44332 JAMES HOPSICKER VP, HEALTH & PHARMACY MANAGEMENT 26.60 10.90 X 322783 132227 40460 EVERETT PATTERSON VP, COMMERCIAL & MEDICAL SALES 25.84 11.66 X 317216 143089 33157 8821201 2601043 582191 477 0 1 0 LANGRAND AND COMPANY LLC 5120 WOODWAY DT STE 7029 HOUSTON TX 77056 MEDIA RELATIONS/PR 2937913 MAINLINE INFORMATION SYSTEM PO BOX 11407 BIRMINGHAM AL 35246 TECHNOLOGY SOLUTIONS 2618968 DELOITTE CONSULTING LLP 4022 SELLS DRIVE HERMITAGE TN 37076 CONSULTING 2355392 DIGITAL MOBILE INNOVATIONS LLC PO BOX 203692 DALLAS TX 75320 TECHNOLOGY SOLUTIONS 1631273 COGNIZANT TRIZETTO SOFTWARE 28125 NETWORK PLACE CHICAGO IL 60673 TECHNOLOGY SOLUTIONS 1630632 137 MEDICAID PREMIUM 524114 1101291467 1101291467 MEDICARE PREMIUM 524114 868003144 868003144 COMMERCIAL PREMIUM 524114 706665581 706665581 ESSENTIAL PLAN PREMIUM 524114 350676153 350676153 CHILD HEALTH PLUS 524114 91546760 91546760 17726442 17726442 3135909547 27367925 27367925 123760451 123611857 148594 148594 148594 MISCELLANEOUS INCOME 524114 81 81 81 3163426147 3135909547 0 27516600 X 690887 690887 717265 717265 18840202 18840202 1307032 1307032 972229 972229 188889 188889 407478 407478 21618067 9802571 11815496 10407924 10407924 13429649 13429649 30661607 30661607 6000065 6000065 352190 352190 2836 2836 138219436 138219436 7538523 7538523 2388026 2388026 HOSPITAL,PHYSICIAN,OT 2521032099 2521032099 PHARMACY 236750300 236750300 CAPITATED MEDICAL EXP. 152119812 152119812 REGULATORY EXPENSE 2955482 2955482 4557049 4557049 3171157047 2923351151 247805896 0 1454279 892101 141951004 186218616 2242355 48180211 109765745 114987093 12290023 12025596 54997136 30284386 26831439 24712750 146144863 151100889 474752584 337225221 915432292 875342477 47940623 11227229 8688198 18873754 400042200 397265625 456671021 427366608 X 161569133 137244904 297192138 310730965 458761271 447975869 915432292 875342477 X -7730900 3884655 -6939157 X 0 1 X 1 1 1 12876865 4776020 8100845 42120271 25508366 16611905 24712750 STATUTORY DEPOSITS 172462845 PHARMACY REBATES 79531126 HEALTHCARE RECEIVABLES 30165903 OPERATING LEASE RIGHT OF USE ASSET 22543877 MISCELLANEOUS 15694682 REINSURANCE RECOVERIES 9391138 MEDICARE PART D RECEIVABLES 7435650 337225221 330439 MEDICAL EXPENSE PAYABLE 348311234 OPERATING LEASE LIABILITY 24391282 RISK ADJUSTMENT PAYABLE 22141317 MISCELLANEOUS PAYABLES 1232991 DUE TO AFFILIATES 858362 397265625 X 3160368809 3884655 -6941993 -3057338 3163426147 0 3163426147 3171154211 0 3171154211 2836 2836 3171157047 PART X, LINE 2: TO ACCOUNT FOR UNCERTAINTY IN INCOME TAXES, A TAX POSITION CAN BE RECOGNIZED IN THE CONSOLIDATED FINANCIAL STATEMENTS ONLY WHEN IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL BE SUSTAINED UPON EXAMINATION BY THE RELEVANT TAXING AUTHORITY BASED ON THE TECHNICAL MERITS OF THE POSITION. A POSITION THAT MEETS THIS STANDARD IS MEASURED AT THE LARGEST AMOUNT OF BENEFIT THAT WILL MORE LIKELY THAN NOT BE REALIZED UPON SETTLEMENT. A LIABILITY IS ESTABLISHED FOR DIFFERENCES BETWEEN POSITIONS TAKEN IN A TAX RETURN AND AMOUNTS RECOGNIZED IN THE CONSOLIDATED FINANCIAL STATEMENTS. THE UNRECOGNIZED TAX BENEFITS OF THE PLAN ARE NOT EXPECTED TO SIGNIFICANTLY CHANGE OVER THE NEXT 12 MONTHS. THE PLAN'S POLICY IS TO RECOGNIZE INTEREST AND PENALTIES RELATED TO INCOME TAX MATTERS AS A COMPONENT OF PRETAX INCOME. AS OF DECEMBER 31, 2023 AND 2022, THE COMPANY HAD NO INTEREST AND PENALTIES INCLUDED AS A COMPONENT OF UNRECOGNIZED TAX BENEFIT. THERE WAS NO INTEREST AND PENALTIES PERTAINING TO UNCERTAIN TAX POSITIONS RECOGNIZED IN THE CONSOLIDATED STATEMENT OF OPERATIONS. PART XI, LINE 2D - OTHER ADJUSTMENTS: BAD DEBT EXPENSES RECLASSED TO PART XI, LINE 9 -6,939,157. INTEREST RECLASSED TO PART IX, LINE 20 -2,836. PART XII, LINE 4B - OTHER ADJUSTMENTS: INTEREST RECLASSED TO PART IX, LINE 20 2,836. 1 ALBANY MEDCIAL CENTER FOUNDATION 43 NEW SCOTLAND AVE MC119 ALBANY NY 12208 146023119 501(C)(3) 50000 0 DONATION FOR MASSRY FAMILY CHILDREN'S EMERGENCY CENTER ALBANY COLLEGE OF PHARMACY 106 NEW SCOTLAND AVENUE ALBANY NY 12208 141423161 501(C)(3) 25000 0 GRANT FOR OPERATIONS CAPITAL CITY RESCUE MISSION 259 SOUTH PEARL ST ALBANY NY 12201 562663290 501(C)(3) 25000 0 2024 CCRM FREE MEDICAL CLINIC GRANT FOODLINK INC PO BOX 60766 ROCHESTER NY 14606 222428304 501(C)(3) 25000 0 DONATION FOR CURBSIDE MARKET 2024 NURSES MIDDLE COLLEGE CHARTER HIGH SCHOOL - CAPITAL REGION 199 WASHINGTON AVE RENSSELAER NY 12144 873980115 501(C)(3) 25000 0 DONATION FOR NURSING PROGRAM EL CENTRO HISPANO INC 295 CENTRAL AVE WHITE PLAINS NY 10601 134149424 501(C)(3) 25000 0 GRANT TO SUPPORT EL CENTRO HISPANO'S SPECIAL ADULT EDUCATIONAL PROGRAMS MONROE COUNTY MEDICAL SOCIETY 200 CANAL VIEW BLVD STE 202 ROCHESTER NY 14623 160755798 501(C)(3) 22000 0 COMMUNITY HEALTH CONSORTIUM 2024 FINGER LAKES HEALTH SYSTEMS AGENCY 1150 UNIVERSITY AVENUE ROCHESTER NY 14607 161061456 501(C)(3) 20000 0 DONATION FOR FUNDING FOR GET IT DONE PROGRAM CITY MISSION OF SCHENECTADY 425 HAMILTON ST SCHENECTADY NY 12305 141403652 501(C)(3) 20000 0 AMBASSADOR CORPORATE GIVING GRANT THE FOOD PANTRIES OF THE CAPITAL REGION INC 32 ESSEX ST ALBANY NY 12206 141752164 501(C)(3) 20000 0 GRANT FOR FOOD ACCESS RESOURCES TRINITY ALLIANCE 15 TRINITY PLACE ALBANY NY 12202 141340122 501(C)(3) 20000 0 GRANT FOR FAMILY & NEIGHBORHOOD RESOURCE CENTER UNITED WAY OF GREATER CAPITAL REGION 1 STEUBEN PLACE ALBANY NY 12212 141364505 501(C)(3) 20000 0 DONATION FOR 518 DAY OF GIVING CAPITAL ROOTS INC 594 RIVER ST TROY NY 12180 141596291 501(C)(3) 15000 0 DONATION FOR HEALTHY STORE INITIATIVE SOUTH END CHILDREN'S CAFE PO BOX 10581 ALBANY NY 12201 823434643 501(C)(3) 15000 0 GRANT FUNDING FOR EXERCISE EVERYDAY PROGRAM UNITED WAY OF GREATER ROCHESTER INC 75 COLLEGE AVE ROCHESTER NY 14607 161015782 501(C)(3) 13000 0 GRANT FOR SUMMIT AND GRANT FOR ASYLUM SEEKERS PROGRAM THE WARREN AND DENYSE MACKEY FOUNDATION INC 260 LONGHOUSE LANE SLINGERLANDS NY 12159 863254625 501(C)(3) 10000 0 DONATION FOR 2024 HEART OF HOPE HIS BRANCHES HEALTH SERVICES 340 ARNETT BLVD ROCHESTER NY 14619 237060337 501(C)(3) 10000 0 DONATION FOR 2024 HEART OF HOPE INTERFAITH PARTNERSHIP FOR THE HOMELESS INC 176 SHERIDAN AVENUE ALBANY NY 12210 141666321 501(C)(3) 10000 0 GRANT FOR OPERATIONS MARIA COLLEGE 700 NEW SCOTLAND AVE ALBANY NY 12208 141463151 501(C)(3) 10000 0 DONATION FOR NURSING PROGRAM SOCIAL ENTERPRISE AND TRAINING CENTER INC 131 STATE STREET SCHENECTADY NY 12305 473946521 501(C)(3) 10000 0 2024 GRANT AWARD SW FOOD PROGRAM INC 620 PARK AVENUE PMB 350 ROCHESTER NY 14607 871019661 501(C)(3) 10000 0 GRANT FOR OPERATIONS UNITY HOUSE 2431 SIXTH AVENUE TROY NY 12180 232378930 501(C)(3) 10000 0 GRANT FOR OPERATIONS HFM PREVENTION COUNCIL INC 86 BRIGGS ST STE 5 JOHNSTOWN NY 12095 141700630 501(C)(3) 9500 0 GRANT FOR CLUBHOUSE AMSTERDAM FOOD INSECURITY PROGRAM AND PROGRAM SUPPLIES HOUSE OF MERCY INC 285 ORMOND ST ROCHESTER NY 14605 311754068 501(C)(3) 9000 0 GRANT FOR OPERATIONS 24 0 PART I, LINE 2: THE ORGANIZATION FOCUSES ITS FINANCIAL COMMUNITY SUPPORT ON PROGRAMS AND EVENTS IN ITS SERVICE AREA THAT: 1) PROMOTE WELLNESS, FITNESS, AND HEALTHY LIFESTYLES; 2) ENHANCE THE HEALTH OF INDIVIDUALS AND OUR COMMUNITIES; 3) AND IMPROVE THE EFFICIENCY OF HEALTH CARE OR ENHANCE THE VITALITY OF THE CAPITAL REGION, ROCHESTER, MID-HUDSON REGION, VERMONT, OR A COMMUNITY WITHIN MVP'S SERVICE AREA. PRIOR TO AUTHORIZING A GRANT, THE ORGANIZATION REQUIRES THE SELECTED ORGANIZATIONS TO VERIFY THEIR SECTION 501(C)(3) PUBLIC CHARITY STATUS TO ENSURE THAT THE GRANTED FUNDS ARE BEING USED TO FULFILL A CHARITABLE PURPOSE. THE ORGANIZATION REQUESTS RECAP REPORTS FROM GRANT RECIPIENTS. X X 0 1 X X X X X 1 1 0 0 0 0 1 0 0 CHRISTOPHER DEL VECCHIO PRESIDENT & CEO 794468 240073 918019 277406 15220 4599 17221 5204 17981 5434 1762909 532716 0 0 KARLA AUSTEN CFO/TREASURER 380144 104411 236857 65055 6349 1744 17593 4832 8739 2400 649682 178442 0 0 DOMINICK BIZZARRO CHIEF GROWTH OFFICER (THRU 06/24) 198446 48884 354404 87301 4862 1198 22886 5638 8030 1978 588628 144999 25066 6174 CATHERINE BUHLER CLANCY CHIEF OPERATIONS OFFICER 285632 114084 177932 71068 14113 5637 16025 6400 15757 6293 509459 203482 0 0 CARL CAMERON CHIEF MEDICAL OFFICER (THRU 08/24) 163294 66893 165600 67838 144459 59177 16187 6631 10350 4240 499890 204779 4322 1771 MICHAEL DELLA VILLA CHIEF DIGITAL & INFORMATION OFFICER 305771 91403 174924 52289 12592 3764 15790 4720 16875 5044 525952 157220 0 0 MARGARET WALLINGFORD DIR, CLINICAL INNOVATIONS (THRU 09/2 148869 29481 348354 68986 12679 2512 12333 2442 5734 1136 527969 104557 0 0 LAURIE METHENY CHIEF CUSTOMER EXPERIENCE OFFICER 255994 89478 163751 57236 16938 5921 16124 5636 13386 4679 466193 162950 0 0 DEBORAH BRUNDAGE CHIEF MARKETING & SALES OFFICER 307382 55782 175548 31857 8831 1603 18981 3444 18453 3349 529195 96035 0 0 AMY HARLOW CHIEF TALENT OFFICER 271342 83658 151247 46631 17317 5340 15406 4750 829 255 456141 140634 0 0 EMILY TITSWORTH - CHIEF LEGAL OFFICER & GENERAL COUNSEL 267412 79511 120832 35928 11060 3288 14549 4326 19956 5934 433809 128987 0 0 JASON MEROLA CHIEF MEDICAL OFFICER 270742 110909 87785 35961 0 0 15908 6517 18990 7779 393425 161166 0 0 AUGUSTA MARTIN - VP STRATEGIC PROVIDER ENGAGEMENT & CARE MGMT. 244123 100005 83764 34313 0 0 15908 6517 15541 6366 359336 147201 0 0 JAMES HOPSICKER VP, HEALTH & PHARMACY MANAGEMENT 241862 99078 80921 33149 0 0 13172 5396 15530 6362 351485 143985 0 0 EVERETT PATTERSON VP, COMMERCIAL & MEDICAL SALES 185122 83504 132046 59563 48 22 15454 6971 7396 3336 340066 153396 0 0 RICHARD DAL COL - PRESIDENT HEALTH MGMT & STRATEGY (AS OF 04/24) 271164 81940 0 0 8482 2563 0 0 843 255 280489 84758 0 0 PART I, LINE 1B THE PRESIDENT & CEO IS THE ONLY INDIVIDUAL RECEIVING THE BENEFITS REFLECTED IN SCHEDULE J, PART I, LINE 1. THE PAYMENT OF THESE EXPENSES ARE MADE AS PART OF HIS TOTAL REWARDS PACKAGE AND ARE REVIEWED TO ENSURE THEY ALIGN WITHIN THE ORGANIZATION'S OVERALL COMPENSATION PHILOSOPHY. PART I, LINE 4A: CHIEF MEDICAL OFFICER, CARL CAMERON, RECEIVED A SEVERANCE PAYMENT OF $145,303 IN CALENDAR YEAR 2024; THIS AMOUNT IS REPORTED IN SCHEDULE J, PART II, COLUMN (B)(III). PART I, LINE 4B: DURING THE YEAR, SEVERAL OF THE PERSONS LISTED ON SCHEDULE J PARTICIPATED IN A SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN. EMPLOYER AND EMPLOYEE CONTRIBUTIONS DURING THE YEAR TO THIS PLAN HAVE BEEN REPORTED, AS REQUIRED, ON SCHEDULE J, PART II, COLUMNS (B)(III) AND (C). WHILE OTHER INDIVIDUALS REPORTED ON THE FORM 990, SCHEDULE J PARTICIPATED IN THE SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN, THE FOLLOWING OFFICERS AND KEY EMPLOYEES RECEIVED PAYMENTS UNDER THIS SUPPLEMENT NON-QUALIFIED RETIREMENT PLAN DURING CALENDAR YEAR 2024: DOMINICK BIZZARRO: $31,240 CARL CAMERON: $6,093 PART I, LINE 6 RELATIVE TO BONUSES, MVP'S BOARD HAS A COMPENSATION COMMITTEE MADE UP OF FOUR BOARD MEMBERS WHO PROVIDE GOVERNANCE OVERSIGHT PROCEDURES TO ENSURE ADEQUATE BOARD OVERSIGHT OF ITS EXECUTIVE COMPENSATION PROGRAMS. THE COMPENSATION COMMITTEE MEETS AT LEAST TWO TIMES PER YEAR AND MAINTAINS FORMAL MINUTES EVIDENCING THIS OVERSIGHT. ADDITIONALLY, MVP ENGAGES AN INDEPENDENT CONSULTANT TO EVALUATE THE COMPETITIVENESS OF EXISTING REMUNERATION LEVELS FOR PURPOSES OF ATTRACTING AND RETAINING TALENTED STAFF AT ALL LEVELS. MVP PROVIDES BONUS PROGRAMS TO EMPLOYEES THAT TIE VARIABLE PAY AND INDIVIDUAL PERFORMANCE TO THE CORPORATE GOALS OF THE ORGANIZATION. THE PLANS INCLUDE LONG-TERM INCENTIVES FOR EXECUTIVES, MANAGEMENT INCENTIVES FOR MANAGEMENT-LEVEL AND ABOVE PERFORMANCE INCENTIVE FOR THE BALANCE OF THE ORGANIZATION. FORM 990, PART I, LINE 1 A NON-FOR-PROFIT HEALTH MAINTENANCE ORGANIZATION SERVING UPSTATE NY AND VT COMMUNITIES INCLUDING THEIR NY MEDICAID, CHIP, HARP, ESSENTIAL PLAN, MEDICARE & EXCHANGE POPULATIONS. FORM 990, PART III, LINE 4A THE ORGANIZATION, MVP HEALTH PLAN, INC. ("MVP"), IS A NOT-FOR-PROFIT HEALTH MAINTENANCE ORGANIZATION (HMO) SERVING NEW YORK AND VERMONT COMMUNITIES, INCLUDING THEIR MEDICAID MANAGED CARE, CHILD HEALTH PLUS (CHP), HEALTH AND RECOVERY PLAN (HARP), ESSENTIAL PLAN, AND MEDICARE ADVANTAGE POPULATIONS. DURING THE YEAR 2024, MVP HAD MEDICAID MANAGED CARE, CHP, HARP, AND ESSENTIAL PLAN ENROLLMENT OF 249,973 IN NEW YORK STATE. MVP MEDICARE ADVANTAGE ENROLLMENT TOTALED 66,157 DURING 2024. MVP ALSO HAD COMMERCIAL (LARGE AND SMALL GROUP AND INDIVIDUAL) HMO ENROLLMENT TOTALING 76,887 IN 2024. MVP PARTICIPATES IN QUALITY AND SATISFACTION-FOCUSED PROGRAMS SPONSORED BY THE CENTERS FOR MEDICAID & MEDICARE SERVICES (CMS), WHICH ADMINISTERS THE CMS STARS PROGRAM, THE NEW YORK STATE DEPARTMENT OF HEALTH (NYSDOH), WHICH ADMINISTERS THE QUALITY ASSURANCE REPORTING REQUIREMENTS (QARR) PROGRAM AND MARKETPLACE PLAN REPORTING REQUIREMENTS FOR NEW YORK, THE VERMONT DEPARTMENT OF FINANCIAL REGULATION (DFR), WHICH ADMINISTERS THE MARKETPLACE REPORTING REQUIREMENTS FOR VERMONT, AND THE NATIONAL COMMITTEE FOR QUALITY ASSURANCE (NCQA), WHICH ADMINISTERS THE VOLUNTARY HEALTH PLAN ACCREDITATION PROGRAM. THESE PROGRAMS REQUIRE THAT HEALTH PLANS COLLECT AND MONITOR INFORMATION PERTAINING TO THE QUALITY OF CARE DELIVERED AND MEMBER SATISFACTION EXPERIENCED BY MEMBERS WITH THE OVERALL GOAL OF IMPROVING AND MAINTAINING THE HEALTH AND SATISFACTION OF MEMBERS. QUALITY AND SATISFACTION ARE MEASURED BY INDUSTRY STANDARD TOOLS SUCH AS THE HEALTHCARE EFFECTIVENESS DATA AND INFORMATION SET (HEDIS) AND CONSUMER ASSESSMENT OF HEALTH PLAN SURVEY (CAHPS). THE 2024 CMS STARS PROGRAM COMPARED HEALTH PLANS TO EACH OTHER AND TO STATE AND NATIONAL BENCHMARKS TO PROVIDE A NORMATIVE UNDERSTANDING OF PERFORMANCE AND A FRAME OF REFERENCE FOR IMPROVEMENT TARGETS. BASED UPON THE RESULTS OF THESE MEASUREMENTS, MVP ACHIEVED A RATING OF 4 STARS FOR ITS HMO MEDICARE PRODUCT AND ITS D-SNP PRODUCT AND 3.5 STARS FOR ITS PPO MEDICARE PRODUCTS. THESE STAR RATINGS ARE OUT OF A TOTAL POSSIBLE SCORE OF 5 STARS AND REPRESENT STRONG PERFORMANCE. OVERALL MVP'S PERFORMANCE REMAINS CREDIBLE AS COMPARED TO THE INDUSTRY AND MVP REMAINS COMMITTED TO ONGOING REVIEW OF THE QUALITY OF CARE DELIVERED TO ITS MEMBERS AND SATISFACTION OF ITS MEMBERS FOR NEW IMPROVEMENT OPPORTUNITIES. AS A NOT-FOR-PROFIT HMO, MVP HAS A RESPONSIBILITY TO SUPPORT THE COMMUNITIES WITHIN ITS SERVICE AREA. RECOGNIZING THAT COMMUNITY NEEDS ARE MULTIFACETED, MVP HAS AN OVERARCHING VISION THAT FLOWS THROUGHOUT ALL THAT MVP DOES TO HELP CREATE HEALTHY COMMUNITIES. TO SUPPORT THIS VISION, MVP IS FOCUSING ON THE SOCIAL DETERMINANTS OF HEALTH AND IN 2024 MVP DIRECTED MORE THAN $1,500,000 IN FUNDING TOWARD SUCH AREAS AS: ACCESS TO AND QUALITY OF HEALTH CARE; SOCIAL SUPPORT INCLUDING EMPLOYMENT, FOOD SECURITY, HOUSING SUPPORT AND CHILDCARE; AND AFTER-SCHOOL PROGRAMMING AND LITERACY. THIS FINANCIAL SUPPORT WAS COMPLEMENTED BY MVP'S EMPLOYEE ENGAGEMENT VOLUNTEERING IN THE COMMUNITY THROUGH VIRTUAL AND ONSITE COMMUNITY SERVICE ACTIVITIES. IN 2024, 98% OF MVP'S GRANTS WERE FOCUSED ON ADDRESSING SOCIAL DETERMINANTS OF HEALTH. WORKING WITH NOT-FOR-PROFIT ORGANIZATIONS AND HOSPITALS, MVP PROVIDED FINANCIAL SUPPORT FOR SUCH PROGRAMS AS: COMMUNITY: - FUNDED NINE STATE-OF-THE-ART OUTDOOR FITNESS COURTS IN PARTNERSHIP WITH THE NATIONAL FITNESS CAMPAIGN THROUGHOUT NEW YORK STATE, PROVIDING EQUITABLE ACCESS TO FREE, HIGH-QUALITY WORKOUTS USING STATE-OF-THE-ART EQUIPMENT. FITNESS COURT RECIPIENTS INCLUDED MOHONASEN SCHOOL DISTRCIT, ST. THOMAS AQUINAS COLLEGE AND THE TOWN OF CHAMPLAIN.. MVP PROMOTED THE PARTNERSHIP THROUGH EXTENSIVE MEDIA OUTREACH TO THE TARGET REGIONS. - PURCHASED 4,400 NEW COATS, FOR CHILDREN IN NEED THROUGH THE PROJECT BUNDLE UP. - COAT PROGRAM. WE DELIVERED DIRECTLY TO COMMUNITY BASED ORGANIZATIONS IN ALBANY, SCHENECTADY, RENSSALEAR AND SARATOGA COUNTIES AS WELL AS PROVIDED COMMUNITY WIDE DISTRIBUTIONS IN THE CITY OF AMSTERDAM, WHITE PLAINS AND ROCHESTER. - MANY EMPLOYEES PARTICIPATED IN THE CAPITAL REGION BLOOD CHALLENGE DURING JANUARY'S NATIONAL BLOOD DONOR MONTH, WHICH INCREASES THE NATION'S BLOOD SUPPLY AND PROMOTES PUBLIC HEALTH. MVP EMPLOYEES JOINED OTHER CAPITAL REGION EMPLOYEES TO CONTRIBUTE TO THE 190 UNITS OF BLOOD COLLECTED IN JANUARY, WHICH IN TURN SAVED NEARLY 600 LIVES. - SUPPORTED AN ANNUAL THANKSGIVING BASKET GIFTING TO PROVIDE MORE THAN 2,500 FAMILIES IN THE ALBANY AREA WITH THANKSGIVING DINNER, FURTHER PROMOTING HEALTHY LIVING THROUGH FOOD. - DONATED GIFTS TO THE BLACK FRIDAY PROJECT TO HELP FAMILIES IN NEED PURCHASE DISCOUNTED GIFTS FOR CHILDREN DURING THE HOLIDAYS. - PROVIDED CORPORATE LEVEL SUPPORT TO THE CITY MISSION OF SCHENECTADY FOR THEIR COMMUNITY AMBASSADOR PROGRAM WHICH HELPS PREVIOUSLY HOMELESS ADULTS GAIN SOCIAL AND JOB SKILLS TO BECOME EMPLOYED THROUGH ESTABLISHED PARTNERSHIP ORGANIZATIONS IN THE CAPITAL REGION. - PROVIDED FINANCIAL SUPPORT FOR SUPPLIES AND CARE AT THE CAPITAL CITY RESCUE MISSION FREE CLINIC IN ALBANY'S SOUTH END. - PROVIDED FINANCIAL SUPPORT TO HIS BRANCHES IN ROCHESTER, NY, TO HELP SUPPORT ADDITIONAL STAFF FOR BEHAVIORAL HEALTH SERVICES. HIS BRANCHES IS A LOCAL FREE CLINIC IN ONE OF THE IMPOVERISHED ROCHESTER ZIP CODES. - PROVIDED FINANCIAL SUPPORT TO CATHOLIC CHARITIES OF ROCKLAND COUNTY FOR THEIR FOOD DELIVERY AND EVICTION PREVENTION PROGRAMS. - PROVIDED FINANCIAL SUPPORT TO COMMUNITY ACTION PROGRAM OF SULLIVAN AND ULSTER COUNTIES FOR THEIR FOOD DELIVERY PROGRAM. CORPORATE PRIORITIES: - THE CORNERSTONE OF MVP COMMUNITY SERVICE IS THE SERVICE TIME OFF (STO) PROGRAM. STO GIVES ALL MVP EMPLOYEES THE OPPORTUNITY TO MAKE A MEANINGFUL IMPACT IN OUR COMMUNITIES WHERE EVERY FULL TIME EMPLOYEE RECEIVES 7.5 HOURS OF PAID STO PER CALENDAR YEAR. IN 2024, MVP EMPLOYEES DEDICATED 6,087 SERVICE HOURS TO MORE THAN 180 NONPROFIT ORGANIZATIONS FOR AN EQUIVALENT OF $269,641. - CENTERS FOR MEDICARE & MEDICAID SERVICES (CMS) AWARDED MVP HEALTH CARE'S DUAL SPECIAL NEEDS PLAN (D-SNP) 5 OUT OF 5 STARS RANKING IN NEW YORK STATE. MVP'S D-SNP WAS GIVEN THIS DESIGNATION BY CMS BASED ON FACTORS SUCH AS CUSTOMER SERVICE, QUALITY OF CARE, ACCESS TO HEALTH CARE SERVICES, DATA FROM IN-NETWORK DOCTORS AND HOSPITALS, AND MORE. - CENTERS FOR MEDICARE AND MEDICAID SERVICES (CMS) AWARDED MVP HEALTH CARE'S MEDICARE ADVANTAGE HMO-POS INSURANCE PLANS 5 OUT OF 5 STARS DESIGNATION. GENERAL HEALTH CARE SUPPORT AND AWARENESS: - PARTNERING WITH GALILEO TO PROVIDE 24/7 VIRTUAL CARE FOR ALL MVP MEMBERS, INCLUDING PRIMARY CARE, CHRONIC DISEASE MANAGEMENT, AND MULTISPECIALTY HEALTH CARE. THIS FIRST-OF-ITS-KIND OFFERING ALSO ALLOWED MVP'S MEDICAID MEMBERS VIRTUAL HEALTH CARE ACCESS, AS THEY WERE PREVIOUSLY REGULATED TO SEE AN IN-PERSON PCP. MVP CONDUCTED EXTENSIVE COMMUNITY OUTREACH TO INFORM CUSTOMERS AND THE COMMUNITY ABOUT THE OFFERING. - PARTNERING WITH THE UNIVERSITY OF VERMONT HEALTH NETWORK (UVMHN) TO PROVIDE A FIRST-OF-ITS-KIND CARE GUIDE BENEFIT, WHICH HELPS MEMBERS BETTER UNDERSTAND THEIR CONDITIONS AND NAVIGATE THEIR UNIQUE HEALTH NEEDS. THIS BENEFIT IS INCLUDED AS PART OF UNIVERSITY OF VERMONT HEALTH ADVANTAGE, A MEDICARE ADVANTAGE PLAN OFFERED BY A PARTNERSHIP BETWEEN MVP AND UVMHN AND IS A RESULT OF BOTH ORGANIZATION'S WORK TO IMPROVE THE HEALTH OF THE COMMUNITIES THEY SERVE. - PROVIDED FREE FLU SHOT CLINICS TO PROMOTE HEALTHY LIVING IN THE COMMUNITY AND PROMOTE PREVENTATIVE CARE, CONDUCTING WIDESPREAD OUTREACH TO ENSURE COMMUNITY MEMBERS KNEW THEY COULD GET VACCINATED. THESE ACTIVITIES ILLUSTRATE MVP'S STRONG COMMITMENT TO THE COMMUNITY IT SERVES AND ITS NON-PROFIT PURPOSE IN A VARIETY OF WAYS. THIS IS NOT A COMPLETE LIST OF MVP'S PAST AND ONGOING EFFORTS TO SUPPORT THE COMMUNITY. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION IS A MEMBERSHIP (NOT A STOCK) CORPORATION UNDER NEW YORK STATE LAW. THE ORGANIZATION'S SOLE CORPORATE MEMBER IS MVPHP HOLDING COMPANY, INC. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE ORGANIZATION'S MANAGEMENT TEAM (I.E. A TEAM COMPRISED OF REPRESENTATIVES OF THE FINANCE, HUMAN RESOURCES, AND LEGAL AFFAIRS DEPARTMENTS) IN CONSULTATION WITH THE ORGANIZATION'S TAX ACCOUNTANTS AT GRANT THORNTON ADVISORS LLC. THE FINANCIAL REVIEW IS BASED ON THE ORGANIZATION'S AUDITED FINANCIAL STATEMENTS FOR THE RELEVANT TIME PERIOD. BEFORE THE FORM 990 IS FILED WITH THE IRS, THE AUDIT COMMITTEE OF THE BOARD OF DIRECTORS REVIEWS THE FORM 990 AND PROVIDES A COPY OF THE SAME TO THE ORGANIZATION'S FULL BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 12C AS A TERM AND CONDITION OF EMPLOYMENT/APPOINTMENT, UPON EMPLOYMENT/APPOINTMENT AND ANNUALLY THEREAFTER, EACH EMPLOYEE AND OFFICER OF THE ORGANIZATION IS REQUIRED TO COMPLETE A CONFLICT OF INTEREST DISCLOSURE FORM, PROVIDING MANAGEMENT WITH SUFFICIENT INFORMATION ABOUT THEIR PERSONAL INTERESTS AND RELATIONSHIPS SO THAT MANAGEMENT CAN: 1) MAKE A DETERMINATION AS TO WHETHER AN ACTUAL OR PERCEIVED CONFLICT OF INTEREST EXISTS, AND 2) MONITOR WORK ASSIGNMENTS/RESPONSIBILITIES TO AVOID PLACING THE INDIVIDUAL IN A POSITION WHERE THERE MAY BE A QUESTION AS TO OBJECTIVITY AND TO AVOID ANY APPEARANCE OF IMPROPRIETY. EMPLOYEES AND OFFICERS ARE ALSO OBLIGATED TO PROMPTLY NOTIFY THEIR MANAGERS OF ANY CHANGES TO THEIR DISCLOSURES THROUGHOUT THE YEAR. ALSO, THE LEGAL AFFAIRS DEPARTMENT SUBMITS A COPY OF EMPLOYEES' (VP AND HIGHER) COMPLETED DISCLOSURE CONFLICT OF INTEREST FORMS TO THE AUDIT COMMITTEE OF THE BOARD. DIRECTORS OF THE ORGANIZATION ARE ALSO REQUIRED TO COMPLETE A CONFLICT OF INTEREST DISCLOSURE FORM UPON APPOINTMENT/ELECTION AND ANNUALLY THEREAFTER DIRECTOR'S CONFLICT OF INTEREST DISCLOSURE FORMS ARE SUBMITTED TO THE LEGAL AFFAIRS DEPARTMENT. THE LEGAL AFFAIRS DEPARTMENT TRACKS THESE FORMS TO ENSURE THAT EACH AND EVERY DIRECTOR COMPLETES ONE. THE LEGAL AFFAIRS DEPARTMENT THEN REVIEWS THE DIRECTORS' DISCLOSURES, PREPARES A CHART LISTING EACH ONE AND PROVIDES A COPY OF THE CHART TO THE AUDIT COMMITTEE OF THE BOARD OF DIRECTORS AND EACH DIRECTOR SO THAT ALL DIRECTORS ARE MADE AWARE OF ALL DIRECTORS' POTENTIAL CONFLICTS OF INTEREST. WHEN AN ISSUE WHICH PRESENTS A POTENTIAL CONFLICT OF INTEREST COMES BEFORE THE BOARD OF DIRECTORS, THE AFFECTED DIRECTOR MUST RECUSE HIMSELF/HERSELF FROM ALL RELATED VOTES OR APPROVALS. FORM 990, PART VI, SECTION B, LINE 15 AN INDEPENDENT CONSULTANT IS HIRED ANNUALLY TO EVALUATE THE COMPENSATION ARRANGEMENTS FOR THE CEO AND THE CEO'S DIRECT REPORTS AND COMPARE THEM TO THE INDUSTRY STANDARDS TO DETERMINE/CONFIRM THAT THE COMPENSATION STRUCTURE IS REASONABLE. SUCH COMPENSATION ARRANGEMENTS ARE SUBJECT TO THE FINAL APPROVAL OF THE COMPENSATION COMMITTEE OF THE ORGANIZATION'S BOARD OF DIRECTORS. THIS PROCESS MEETS THE REQUIREMENTS OF THE REBUTTABLE PRESUMPTION STANDARD. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC (UPON REQUEST) IN ACCORDANCE WITH APPLICABLE LAW AND REGULATION. FORM 990, PART IX, LINES 5-9: ALL SALARIES ALLOCATED TO MVP HEALTH PLAN, INC. ARE PAID BY A RELATED ENTITY, MVP SERVICE CORP. (SEE SCHEDULE R, PART IV). MVP HEALTH PLAN REIMBURSES MVP SERVICE CORP. FOR THESE EXPENSES AND RECORDS THE EXPENSE ON FORM 990, PART IX, LINE 21 AS A PAYMENT TO AFFILIATE RATHER THAN AS SALARY AND BENEFIT EXPENSES ON LINES 5 THROUGH 9. AMOUNTS REPORTED ON PART IX, LINE 5 REPRESENT THE FEES PAID BY MVP HEALTH PLAN TO BOARD OF DIRECTORS MEMBERS (AS REPORTED IN PART VII) FOR THEIR BOARD SERVICE. FORM 990, PART XI, LINE 9: BAD DEBT EXPENSE -6,939,157. MVP HEALTH CARE INC 625 STATE STREET SCHENECTADY NY 12305 161318351 HOLDING CORPORATION NY 501(C)(4) N/A 0 BELONG HEALTH NY LLC 625 STATE STREET SCHENECTADY NY 12305 872829532 HOLDING CORPORATION NY MVPUT HOLDING C 0 BH ACO LLC 625 STATE STREET SCHENECTADY NY 12305 881756827 MCR SUPPORT SERVICES NY BELONG HEALTH NY LLC C 0 BHNY IPA LLC 625 STATE STREET SCHENECTADY NY 12305 880562468 DSNP PROVIDER NETWORK NY BELONG HEALTH NY LLC C 0 BHNY SERVICES LLC 625 STATE STREET SCHENECTADY NY 12305 872841504 DSNP SUPPORT SERVICES NY BELONG HEALTH NY LLC C 0 GEMINI HEALTH HOLDINGS INC 625 STATE STREET SCHENECTADY NY 12305 861243569 HOLDING CORPORATION DE MVPUT HOLDING C 0 GENOMIC CARE AND CONTROL INC 625 STATE STREET SCHENECTADY NY 12305 821681921 PRECISION MEDICINE DE MVPUT HOLDING C 0 MVP BENEFIT GROUP INC 625 STATE STREET SCHENECTADY NY 12305 562364047 AGENT/BROKER NY MVPUT HOLDING C 0 MVP HEALTH INSURANCE COMPANY 625 STATE STREET SCHENECTADY NY 12305 141827918 INSURANCE NY MVPRT HOLDING C 0 MVP HEALTH SERVICES CORP 625 STATE STREET SCHENECTADY NY 12305 223197320 INSURANCE NY MVPRT HOLDING C 0 MVP HEALTH SOLUTIONS IPA INC 625 STATE STREET SCHENECTADY NY 12305 834462995 BH NTWRK CONTRACT NY MVPUT HOLDING C 0 MVP HEALTH SOLUTIONS INC 625 STATE STREET SCHENECTADY NY 12305 833390311 BH NTWRK CONTRACT NY MVPUT HOLDING C 0 MVP SELECT CARE INC 625 STATE STREET SCHENECTADY NY 12305 141704347 TPA/ASO NY MVPUT HOLDING C 0 MVP SERVICE CORP 625 STATE STREET SCHENECTADY NY 12305 141730494 MANAGEMENT NY MVPUT HOLDING C 0 MVPHIC HOLDING CORP 625 STATE STREET SCHENECTADY NY 12305 141828436 HOLDING CORPORATION NY MVP HEALTH CARE C 0 MVPHP HOLDING COMPANY INC 625 STATE STREET SCHENECTADY NY 12305 134320971 HOLDING CORPORATION NY MVP HEALTH CARE C 0 MVPRT HOLDINGS INC 625 STATE STREET SCHENECTADY NY 12305 760808233 HOLDING CORPORATION NY MVPHIC HOLD C 0 MVPUT HOLDINGS INC 625 STATE STREET SCHENECTADY NY 12305 760808234 HOLDING CORPORATION NY MVPHIC HOLD C 0 0 0 0 1 0 0 0 0 0 0 0 1 1 1 1 1 1 0 0 PART V, LINE 2: THE PLAN HAS A MANAGEMENT SERVICES AND CONSULTING AGREEMENT WITH A RELATED ORGANIZATION, MVP SERVICES CORP, INC.. THE SUBSIDIARY PERFORMS ALL DAY-TO-DAY OPERATIONS OF THE PLAN SUBJECT TO THE SUPERVISION OF THE PLAN'S BOARD OF DIRECTORS AND CHARGES THE PLAN FOR ITS SHARE OF COSTS BASED ON A CONTRACTUAL ALLOCATION METHODOLOGY. THIS TRANSACTION IS MEMORIALIZED WITH CODE M ON SCHEDULE R, PART V, LINE 2. IN ADDITION, THE PLAN PROVIDES CERTAIN MANAGEMENT SERVICES TO ITS AFFILIATES AND CHARGES THESE NON-SALARY EXPENSES BASED ON A SIMILAR CONTRACTUAL ALLOCATION METHODOLOGY. THIS TRANSACTION IS MEMORIALIZED WITH CODE L ON SCHEDULE R, PART V, LINE 2.