EIN 20-3376102

Paramount Advantage

IRS 501(c) type
501(c)(3)
Num. employees
0
City
State
Year formed
2005
Most recent tax filings
2023-12-01
NTEE code, primary
Description
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.
Total revenues
$82,135,755
2023
Total expenses
$12,464,732
2023
Total assets
$62,299,248
2023
Num. employees
0
2023

Program areas at Paramount Advantage

Paramount Advantage - program service accomplishmentsparamount Advantage is a member of promedica health system, inc. (promedica), a mission-based, locally owned, nonprofit healthcare organization. Headquartered in toledo, Ohio, promedica offers comprehensive health services including medical, surgical, psychiatric, rehabilitative, skilled nursing, home health, and hospice services in 28 states across the country and is one of the nation's leading health systems. Our stewardship of resources has enabled us to wisely invest in patient-centered care, advanced technology, innovative programs, and family-oriented facilities that help to ensure patients and area residents have equal access to high-quality, safe care in the most appropriate setting, regardless of patients' ability to pay. Paramount Advantage and promedica have established and promoted the following key values throughout the organizations:- compassion we treat people with dignity and respect; - innovation we continually search to find a better way forward; - teamwork we partner with others because we are better together than apart; - excellence we strive to be the best in all we do;- learning we use the lessons we learn to improve our members' livesparamount Advantage is a medicaid managed care plan (mcp) contracted through the Ohio department of medicaid (odm) that provides health care services to more than 255,000 Ohio residents in 54 counties eligible for aged, blind or disabled, covered families and children, or adult extension medicaid benefits via a statewide health maintenance organization (hmo) platform. To this end, all members select a primary care physician (pcp) at the time of enrollment and are encouraged to establish a relationship with the physician as soon as possible. If members do not choose a pcp, then they are assigned one. The member is instructed to contact his/her pcp whenever medical or behavioral health care is needed. Thus, the pcp is informed about his/her patient's needs and can make informed, appropriate decisions regarding treatment.care management programs such as disease management, utilization management and case management provide members education about their condition, ensure they have access to appropriate care, and assist in helping high risk members manage and navigate their care in a supportive, cost effective environment. Additionally, Paramount Advantage medicaid earned a 4 out of 5 rating in the national committee for quality assurance's (ncqa) medicaid health insurance plan ratings for 2019-2020. This was the highest of all five medicaid managed care plans in Ohio. Ncqa accredits and certified a wide range of healthcare organizations and manages the evolution of hedis, the performance measurement tool used by more than 90% of the nation's health plans. It rates each health plan on dozens of quality measures related to consumer satisfaction, prevention and treatment.paramount Advantage members have access to a mobile application, member newsletters, social services referrals, and the ability to speak with the same customer service representative when calling in for services. Member materials are provided in four languages and translation services are provided in virtually any language. For members and non-members, an on-line community resource guide is available to inform about health and well-being services offered in their communities. These services are all designed to ensure Ohio's most vulnerable residents receive appropriate, coordinated care. Paramount Advantage member wellness programs include incentives designed to ensure safer pregnancies and deliveries for mothers as well as screening, diagnosis and treatment services for adults and children. Healthcheck, an early and periodic screening, diagnostic and treatment benefit for children, along with a 24-hour nursing hotline, provide a broad range of no-cost preventive care services.as part of promedica, Paramount Advantage demonstrates its mission and core values by providing high-quality health care to all patients, regardless of their race, creed, sex, national origin, disability, or age. Our mission is to improve your health and well-being.

Personnel at Paramount Advantage

NameTitleCompensation
Arturo PolizziPresident and Chief Executive Officer$0
Randall OostraPHS President and Chief Executive Officer$0
Louis RobichauxTreasurer and Chief Financial Officer$0
Terrence MetzgerChief Financial Officer$0
Stephen M SadowskiChief Legal Officer$0
...and 6 more key personnel

Financials for Paramount Advantage

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Program services$8,725,914
Investment income and dividends$2,360,640
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$71,049,201
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$82,135,755

Form 990s for Paramount Advantage

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-12990View PDF
2022-122023-11-14990View PDF
2021-122022-11-08990View PDF
2020-122021-11-12990View PDF
2019-122021-03-02990View PDF
...and 4 more Form 990s
Data update history
December 30, 2024
Updated personnel
Identified 1 new personnel
December 26, 2023
Posted financials
Added Form 990 for fiscal year 2022
December 26, 2023
Updated personnel
Identified 3 new personnel
December 23, 2023
Used new vendors
Identified 1 new vendor, including
August 3, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
ClinicsHealth organizationsHeadquarter / parent organizations
Issues
Health
Characteristics
Partially liquidatedState / local levelTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
300 Madison Ave 270
Toledo, OH 43604
Metro area
Toledo, OH
County
Lucas County, OH
Website URL
paramounthealthcare.com/ 
Phone
(419) 887-2500
IRS details
EIN
20-3376102
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2005
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
E31: Group Health Practice
NAICS code, primary
621: Outpatient Health Care Practitioners and Facilities
Parent/child status
Central organization
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