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Nonprofiteer
← COLORADO ACCESS

Form 990 for tax year 2023

Filed by COLORADO ACCESS.

Totals

Total revenue
$667,093,326
Total expenses
$662,258,140
Contributions and grants received
$0
Grants paid
$2,425,047
Program service revenue
$661,001,781
Investment income
$5,274,330
Other revenue
$817,215
Total assets, end of year
$179,763,808
Total liabilities, end of year
$102,220,580
Net assets or fund balances, end of year
$77,543,228
Program services expenses (Part IX)
$627,021,569
Management and general expenses
$35,236,571
Fundraising expenses
$0
Program service expenses (Part III)
$627,021,569

Program services were 94.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 2a · Program service revenue: BEHAVIORAL HEALTH

    total $480,421,699 · related or exempt $480,421,699

  • 2b · Program service revenue: CHILDREN'S HEALTH INSURANCE PLAN

    total $81,578,842 · related or exempt $81,578,842

  • 2c · Program service revenue: TPA REVENUE

    total $76,166,840 · related or exempt $76,166,840

  • 2d · Program service revenue: INCENTIVE REVENUE

    total $9,798,759 · related or exempt $9,798,759

  • 2e · Program service revenue: MEDICAL LOSS RATIO ADJUSTMENT

    total $9,035,641 · related or exempt $9,035,641

  • 2f · All other program service revenue

    total $4,000,000 · related or exempt $4,000,000

  • 3 · Investment income

    total $5,274,298 · excluded $5,274,298

  • 7a · Gross sales of assets other than inventory

    securities $32

  • 7b · Less cost or other basis and sales expenses

    securities $0

  • 7c · Gain or loss

    securities $32

  • 7d · Net gain or loss

    total $32 · excluded $32

  • 11a · Other revenue: ALL OTHER REVENUE

    total $817,215 · excluded $817,215

  • 11e · Other revenue, total

    $817,215

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $2,425,047 · program services $2,425,047

  • 5 · Compensation of officers, directors and key employees

    total $5,362,981 · program services $4,125,248 · management and general $1,237,733

  • 7 · Other salaries and wages

    total $41,239,302 · program services $31,721,605 · management and general $9,517,697

  • 8 · Pension plan contributions

    total $1,780,691 · program services $1,369,722 · management and general $410,969

  • 9 · Other employee benefits

    total $5,800,798 · program services $4,462,021 · management and general $1,338,777

  • 10 · Payroll taxes

    total $3,152,090 · program services $2,424,613 · management and general $727,477

  • 11a · Fees: management

    total $5,818,897 · program services $4,475,943 · management and general $1,342,954

  • 11b · Fees: legal

    total $447,888 · program services $344,519 · management and general $103,369

  • 11c · Fees: accounting

    total $242,574 · program services $186,590 · management and general $55,984

  • 11d · Fees: lobbying

    total $75,834 · program services $58,332 · management and general $17,502

  • 11g · Fees: other

    total $939,454 · program services $722,636 · management and general $216,818

  • 12 · Advertising and promotion

    total $633,752 · program services $487,487 · management and general $146,265

  • 13 · Office expenses

    total $2,509,971 · program services $1,930,690 · management and general $579,281

  • 14 · Information technology

    total $22,382,853 · program services $17,217,072 · management and general $5,165,781

  • 16 · Occupancy

    total $1,314,079 · program services $1,010,800 · management and general $303,279

  • 17 · Travel

    total $187,354 · program services $144,114 · management and general $43,240

  • 19 · Conferences, conventions and meetings

    total $119,672 · program services $92,053 · management and general $27,619

  • 20 · Interest

    total $38,785 · program services $29,834 · management and general $8,951

  • 22 · Depreciation, depletion and amortization

    total $2,987,050 · program services $2,297,663 · management and general $689,387

  • 23 · Insurance

    total $471,345 · program services $362,562 · management and general $108,783

  • 24a · Other expenses: HEALTHCARE EXPENSES

    total $509,581,337 · program services $509,581,337

  • 24b · Other expenses: PHYSICAL HEALTH CAPITAT

    total $32,590,307 · program services $25,068,728 · management and general $7,521,579

  • 24c · Other expenses: PROVIDER INCENTIVE PAYM

    total $17,773,819 · program services $13,112,084 · management and general $4,661,735

  • 24d · Other expenses: TELEHEALTH SERVICES

    total $2,344,296 · program services $1,803,251 · management and general $541,045

  • 24e · All other expenses

    total $2,037,964 · program services $1,567,618 · management and general $470,346

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $185,473,128 · end of year $122,602,042

  • 2 · Savings and temporary cash investments

    beginning of year $12,884,899 · end of year $39,405,564

  • 4 · Accounts receivable

    beginning of year $17,850,982 · end of year $17,606,202

  • 15 · Other assets

    beginning of year -$10,355,159 · end of year $150,000

  • 17 · Accounts payable and accrued expenses

    beginning of year $135,922,668 · end of year $94,620,377

  • 25 · Other liabilities

    beginning of year $55,019 · end of year $7,600,203

  • 29 · Capital stock, trust principal or current funds

    beginning of year $0 · end of year $0

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year $2,300,000 · end of year $2,300,000

  • 31 · Retained earnings, endowment or other funds

    beginning of year $67,576,163 · end of year $75,243,228

Mission and programs · 2023

Mission

SEE SCHEDULE O.COLORADO ACCESS IS DEDICATED TO THE OPERATION OF A COMPETITIVE HEALTH PLAN DESIGNED TO IMPROVE ACCESS TO NEEDED HEALTHCARE DIRECTLY FOR ENROLLED MEMBERS AND INDIRECTLY, THROUGH ITS PARTNERS, TO ALL UNDERSERVED COLORADANS WITH AN EMPHASIS ON PRIMARY CARE AND THE MAINTENANCE OF THE CONTINUUM OF CARE.

Activities or mission (Part I)

DEDICATED TO THE OPERATION OF A HEALTH PLAN DESIGNED TO IMPROVE ACCESS TO NEEDED HEALTHCARE.

  • THE STATE OF COLORADO OPERATED ITS MEDICAID BEHAVIORAL HEALTH PROGRAM AS A CARVE-OUT. THEY DIVIDED THE STATE INTO SEVEN REGIONS AND COMPETITIVELY BID FOR AT-RISK BEHAVIORAL HEALTH ORGANIZATIONS (BHO). ACCOUNTABLE CARE COLLABORATIVE BEHAVIORAL HEALTH REGION 3 COVERS THE COST OF BEHAVIORAL HEALTH CARE AND THE ASSOCIATED ADMINISTRATIVE EXPENSES FOR ALL MEDICAID ELIGIBLE INDIVIDUALS WITHIN THE FOLLOWING COUNTIES: ADAMS, ARAPAHOE, DOUGLAS, AND ELBERT. ACCOUNTALBE CARE COLLRORATIVE BEHAVORIAL HEALTH REGION 3 PROVIDED BEHAVIORAL HEALTHCARE TO APPROXIMATELY 360,000 UNDERSERVIED MEDICAID MEMBERS THROUGHOUT 2023.

    Expenses $263,434,221 · Grants $606,776 · Revenue $259,562,737

  • THE STATE OF COLORADO OPERATED ITS MEDICAID BEHAVIORAL HEALTH PROGRAM AS A CARVE-OUT. THEY DIVIDED THE STATE INTO SEVEN REGIONS AND COMPETITIVELY BID FOR AT-RISK BEHAVIORAL HEALTH ORGANIZATIONS (BHO). ACCOUNTABLE CARE COLLABORATIVE BEHAVIORAL HEALTH REGION 5 COVERS THE COST OF BEHAVIORAL HEALTH CARE AND THE ASSOCIATED ADMINISTRATIVE EXPENSES FOR ALL MEDICAID ELIGIBLE INDIVIDUALS WITHIN THE CITY AND COUNTY OF DENVER BHO REGION. ACCOUNTALBE CARE COLLRORATIVE BEHAVORIAL HEALTH REGION 5 PROVIDED BEHAVIORAL HEALTHCARE TO APPROXIMATELY 161,000 UNDERSERVIED MEDICAID MEMBERS OF THE CITY AND COUNTY OF DENVER THROUGHOUT 2023.

    Expenses $162,975,026 · Grants $557,500 · Revenue $172,318,367

  • CHILD HEALTH PLAN PLUS (CHP+) COVERS THE COST OF HEALTH CARE AND THE ASSOCIATED ADMINISTRATION FOR THE ELIGIBLE POPULATION UNDER THE FEDERAL CHILD HEALTH INSURANCE PLAN (CHIP). CHILD HEALTH PLAN PLUS PROVIDED HEALTHCARE AND ADMINISTRATIVE SERVICES FOR OVER 35,000 UNDERPRIVILEDGED CHILDREN THROUGHOUT 2023.

    Expenses $80,116,892 · Revenue $81,379,206

  • THE COMPANY MANAGED THE ASO CONTRACTS FOR TWO OF THE SEVEN REGIONS IN THE STATE'S ACCOUNTABLE CARE COLLABORATIVE PHYSICAL HEALTH PROGRAMS.

    Expenses $120,495,430 · Grants $1,260,771 · Revenue $147,741,471

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Carl Clark

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    3
  • Simon Smith

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    3
  • Patrick Knipe

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    3
  • Jeff Harrington

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    3
  • Brian Smith

    TREASURER

    Total calculated
    $0
    Hours/week
    3
  • Donald Moore

    VICE-CHAIRMAN

    Total calculated
    $0
    Hours/week
    3
  • Ben Bynum

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    3
  • Helen Drexler

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    3
  • Fernando Pineda-Reyes

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    3
  • Lydia Prado

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    3
  • Terri Richardson

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    3
  • Olga Gonzalez

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    3
  • Steve Federico

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    3
  • Shelly Marquez

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    3
  • Philip J Reed

    SVP/CFO

    Total calculated
    $491,707
    From this org
    $0
    From related orgs
    $460,985
    Other
    $30,722
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $0 + $424,570 related
    Bonus
    $0 + $35,227 related
    Other
    $0 + $1,188 related
    Deferred
    $0 + $17,754 related
    Nontaxable benefits
    $0 + $12,968 related
    Filer's total
    $0 + $491,707 related
  • Gretchen F McGinnis

    SVP HEALTHCARE SYSTEMS & A

    Total calculated
    $434,905
    From this org
    $0
    From related orgs
    $408,655
    Other
    $26,250
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $0 + $310,387 related
    Bonus
    $0 + $58,550 related
    Other
    $0 + $39,718 related
    Deferred
    $0 + $12,353 related
    Nontaxable benefits
    $0 + $13,897 related
    Filer's total
    $0 + $434,905 related
  • Ann E Edelman

    VP, LEGAL SERVICES

    Total calculated
    $412,818
    From this org
    $0
    From related orgs
    $371,956
    Other
    $40,862
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $0 + $332,551 related
    Bonus
    $0 + $21,133 related
    Other
    $0 + $18,272 related
    Deferred
    $0 + $31,429 related
    Nontaxable benefits
    $0 + $9,433 related
    Filer's total
    $0 + $412,818 related
  • Paula Kautzmann

    CIO

    Total calculated
    $394,843
    From this org
    $0
    From related orgs
    $345,446
    Other
    $49,397
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $0 + $320,545 related
    Bonus
    $0 + $24,127 related
    Other
    $0 + $774 related
    Deferred
    $0 + $27,879 related
    Nontaxable benefits
    $0 + $21,518 related
    Filer's total
    $0 + $394,843 related
  • April Abrahamson

    VP, HEALTH PLAN OPERATION

    Total calculated
    $422,369
    From this org
    $0
    From related orgs
    $390,406
    Other
    $31,963
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $0 + $361,649 related
    Bonus
    $0 + $28,343 related
    Other
    $0 + $414 related
    Deferred
    $0 + $14,649 related
    Nontaxable benefits
    $0 + $17,314 related
    Filer's total
    $0 + $422,369 related
  • Robert Bremer

    VP OF NETWORK STRATEGY

    Total calculated
    $445,829
    From this org
    $0
    From related orgs
    $408,936
    Other
    $36,893
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $0 + $375,841 related
    Bonus
    $0 + $19,884 related
    Other
    $0 + $13,211 related
    Deferred
    $0 + $19,089 related
    Nontaxable benefits
    $0 + $17,804 related
    Filer's total
    $0 + $445,829 related
  • Robert King

    VP DIVERSITY EQUITY AND IN

    Total calculated
    $271,145
    From this org
    $0
    From related orgs
    $246,530
    Other
    $24,615
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $0 + $226,336 related
    Bonus
    $0 + $18,975 related
    Other
    $0 + $1,219 related
    Deferred
    $0 + $8,384 related
    Nontaxable benefits
    $0 + $16,231 related
    Filer's total
    $0 + $271,145 related
  • Annie Lee

    PRESIDENT/CEO

    Total calculated
    $712,648
    From this org
    $0
    From related orgs
    $667,715
    Other
    $44,933
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $0 + $549,470 related
    Bonus
    $0 + $117,975 related
    Other
    $0 + $270 related
    Deferred
    $0 + $21,194 related
    Nontaxable benefits
    $0 + $23,739 related
    Filer's total
    $0 + $712,648 related
  • Latoya C Reynolds

    VP, PEOPLE SERVICES

    Total calculated
    $250,278
    From this org
    $0
    From related orgs
    $218,713
    Other
    $31,565
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $0 + $190,020 related
    Bonus
    $0 + $16,500 related
    Other
    $0 + $12,193 related
    Deferred
    $0 + $8,015 related
    Nontaxable benefits
    $0 + $23,550 related
    Filer's total
    $0 + $250,278 related
  • Tamaan K Osbourne-Roberts

    CMO & VP OF HEALTH STRATEG

    Total calculated
    $379,263
    From this org
    $0
    From related orgs
    $342,387
    Other
    $36,876
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $0 + $342,117 related
    Bonus
    $0
    Other
    $0 + $270 related
    Deferred
    $0 + $13,052 related
    Nontaxable benefits
    $0 + $23,824 related
    Filer's total
    $0 + $379,263 related
  • Joy R Twesigye

    VP OF HEALTH SYSTEMS INTEG

    Total calculated
    $251,032
    From this org
    $0
    From related orgs
    $218,008
    Other
    $33,024
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $0 + $211,413 related
    Bonus
    $0 + $6,325 related
    Other
    $0 + $270 related
    Deferred
    $0 + $9,200 related
    Nontaxable benefits
    $0 + $23,824 related
    Filer's total
    $0 + $251,032 related
  • Dana Pepper

    VP OF PROVIDER ENGAGEMENT

    Total calculated
    $253,095
    From this org
    $0
    From related orgs
    $226,853
    Other
    $26,242
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $0 + $219,446 related
    Bonus
    $0 + $6,188 related
    Other
    $0 + $1,219 related
    Deferred
    $0 + $9,000 related
    Nontaxable benefits
    $0 + $17,242 related
    Filer's total
    $0 + $253,095 related
  • Adam Gerk

    DEPUTY CFO

    Total calculated
    $306,227
    From this org
    $0
    From related orgs
    $279,756
    Other
    $26,471
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $0 + $252,466 related
    Bonus
    $0 + $14,723 related
    Other
    $0 + $12,567 related
    Deferred
    $0 + $10,575 related
    Nontaxable benefits
    $0 + $15,896 related
    Filer's total
    $0 + $306,227 related
  • John Priddy

    VP OF HEALTH PLAN OPERATIONS

    Total calculated
    $258,819
    From this org
    $0
    From related orgs
    $228,067
    Other
    $30,752
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $0 + $211,586 related
    Bonus
    $0 + $15,411 related
    Other
    $0 + $1,070 related
    Deferred
    $0 + $9,200 related
    Nontaxable benefits
    $0 + $21,552 related
    Filer's total
    $0 + $258,819 related
  • Jamie L Moreno Acevedo

    CHIEF COMMUNICATIONS AND MEMBER EXPERIENCE

    Total calculated
    $67,979
    From this org
    $0
    From related orgs
    $65,596
    Other
    $2,383
    Hours/week
    40
  • Sorina Simion-Rodgers

    MEDICAL DIRECTOR OF BEHAVI

    Total calculated
    $387,433
    From this org
    $0
    From related orgs
    $367,810
    Other
    $19,623
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $0 + $323,211 related
    Bonus
    $0 + $27,684 related
    Other
    $0 + $16,915 related
    Deferred
    $0 + $10,285 related
    Nontaxable benefits
    $0 + $9,338 related
    Filer's total
    $0 + $387,433 related
  • Cynthia L Dalton

    SENIOR DIRECTOR OF IT

    Total calculated
    $274,234
    From this org
    $0
    From related orgs
    $255,649
    Other
    $18,585
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $0 + $225,186 related
    Bonus
    $0 + $19,583 related
    Other
    $0 + $10,880 related
    Deferred
    $0 + $9,208 related
    Nontaxable benefits
    $0 + $9,377 related
    Filer's total
    $0 + $274,234 related
  • Daniel Severn

    MEDICAL DIRECTOR OF BEHAVI

    Total calculated
    $301,118
    From this org
    $0
    From related orgs
    $276,755
    Other
    $24,363
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $0 + $243,030 related
    Bonus
    $0 + $21,393 related
    Other
    $0 + $12,332 related
    Deferred
    $0 + $10,286 related
    Nontaxable benefits
    $0 + $14,077 related
    Filer's total
    $0 + $301,118 related
  • Scott Humphreys

    MEDICAL DIRECTOR OF BEHAVI

    Total calculated
    $308,440
    From this org
    $0
    From related orgs
    $274,022
    Other
    $34,418
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $0 + $241,743 related
    Bonus
    $0 + $15,909 related
    Other
    $0 + $16,370 related
    Deferred
    $0 + $10,594 related
    Nontaxable benefits
    $0 + $23,824 related
    Filer's total
    $0 + $308,440 related
  • Scott Nogajewski

    SENIOR DIRECTOR OF ACCOUNT

    Total calculated
    $318,255
    From this org
    $0
    From related orgs
    $298,961
    Other
    $19,294
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $0 + $233,426 related
    Bonus
    $0 + $53,934 related
    Other
    $0 + $11,601 related
    Deferred
    $0 + $9,866 related
    Nontaxable benefits
    $0 + $9,428 related
    Filer's total
    $0 + $318,255 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation committee
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 7 · Other non-fixed payments

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 7
THE ORGANIZATION HAS A BONUS PLAN THAT CONSISTS OF 4 TIERS. A PERCENTAGE OF ANNUAL BASE SALARY IS PAID TO THE EXECUTIVE TEAM (10%), DIRECTORS (10%), MANAGERS/SUPERVISOR (4%), AND STAFF (2.5%). METRICS SET FOR CORPORATE AND LEADERSHIP CONTRIBUTION GOALS APPLY TO EXECUTIVES, DIRECTORS, SUPERVISORS, AND MANAGERS. PERFORMANCE LEVELS WERE SET AT THRESHOLD 80% OF TARGET PLAN, TARGET 100% OF PLAN, AND STRETCH 130% OF TARGET. EIGHTY PERCENT OF THE BONUS WAS PAID IF ALL CORPORATE GOALS WERE MET CONSISTING OF FINANCIAL SOUNDNESS, QUALITY, AND STRATEGY. LEADERSHIP CONTRIBUTION ACCOUNTS FOR THE REMAINING 20% OF THE BONUS. STAFF-LEVEL BONUS WAS PAID AT 100% IF ALL CORPORATE GOALS WERE MET. THIS BONUS POLICY WAS APPROVED IN THE 2022 BUDGET BUT WAS PAID IN 2023. TYPICALLY, THE BONUS FOR THE EXECUTIVE LEADERSHIP TEAM IS ADMINISTERED BY THE EXECUTIVE COMPENSATION COMMITTEE OF THE BOARD AND THE BONUS FOR NON-EXECUTIVES IS ADMINISTERED AND APPROVED BY THE EXECUTIVE LEADERSHIP TEAM.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • ACCESS DIVERSIFIED SERVICES INC

    C · HOLDING COMPANY · CO · 100% owned · share of income $99,429,332 · share of assets $12,848,518 · controlled entity

    Directly controlled by COLORADO ACCESS

  • NEW HEALTH VENTURES INC

    C · HEALTH INSURER · CO · 100% owned · share of income $68,487 · share of assets $1,648,389 · controlled entity

    Directly controlled by COLORADO ACCESS

Provenance

Return type
form_990
Tax year
2023
Filed
9 October 2024
IRS schema version
2023v5.1
Source object
202412979349300006

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