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Nonprofiteer
← PRIORITY HEALTH CHOICE INC

Form 990 for tax year 2023

Filed by PRIORITY HEALTH CHOICE INC.

Totals

Total revenue
$1,288,103,694
Total expenses
$1,225,806,259
Contributions and grants received
$0
Grants paid
$0
Program services expenses (Part IX)
$1,188,643,569
Management and general expenses
$37,162,690
Fundraising expenses
$0
Program service expenses (Part III)
$1,188,643,569

Program services were 97.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • PRAVEEN THADANI

    DIRECTOR/PRESIDENT

    Total calculated
    $3,195,904
    From this org
    $0
    From related orgs
    $2,618,588
    Other
    $577,316
    Hours/week
    1 + 50 related

    Schedule J breakdown matched by us

    Base
    $0 + $1,218,900 related
    Bonus
    $0 + $1,291,995 related
    Other
    $0 + $107,693 related
    Deferred
    $0 + $550,170 related
    Nontaxable benefits
    $0 + $27,146 related
    Filer's total
    $0 + $3,195,904 related
  • JAMES FORSHEE MD

    DIRECTOR

    Total calculated
    $909,463
    From this org
    $0
    From related orgs
    $759,706
    Other
    $149,757
    Hours/week
    1 + 50 related

    Schedule J breakdown matched by us

    Base
    $0 + $456,864 related
    Bonus
    $0 + $143,456 related
    Other
    $0 + $159,386 related
    Deferred
    $0 + $123,008 related
    Nontaxable benefits
    $0 + $26,749 related
    Filer's total
    $0 + $909,463 related
  • KIMBERLY THOMAS

    DIRECTOR/SECRETARY

    Total calculated
    $794,069
    From this org
    $0
    From related orgs
    $616,801
    Other
    $177,268
    Hours/week
    1 + 50 related

    Schedule J breakdown matched by us

    Base
    $0 + $442,247 related
    Bonus
    $0 + $128,738 related
    Other
    $0 + $45,816 related
    Deferred
    $0 + $166,153 related
    Nontaxable benefits
    $0 + $11,115 related
    Filer's total
    $0 + $794,069 related
  • JOYCE CHAN RUSSELL

    DIRECTOR/CHAIR

    Total calculated
    $777,567
    From this org
    $0
    From related orgs
    $671,143
    Other
    $106,424
    Hours/week
    1 + 50 related

    Schedule J breakdown matched by us

    Base
    $0 + $335,060 related
    Bonus
    $0 + $322,448 related
    Other
    $0 + $13,635 related
    Deferred
    $0 + $82,432 related
    Nontaxable benefits
    $0 + $23,992 related
    Filer's total
    $0 + $777,567 related
  • MICHAEL JASPERSON

    DIRECTOR

    Total calculated
    $712,046
    From this org
    $0
    From related orgs
    $579,463
    Other
    $132,583
    Hours/week
    1 + 50 related

    Schedule J breakdown matched by us

    Base
    $0 + $411,914 related
    Bonus
    $0 + $129,256 related
    Other
    $0 + $38,293 related
    Deferred
    $0 + $104,651 related
    Nontaxable benefits
    $0 + $27,932 related
    Filer's total
    $0 + $712,046 related
  • NICHOLAS GATES

    DIRECTOR/TREASURER

    Total calculated
    $650,577
    From this org
    $0
    From related orgs
    $523,507
    Other
    $127,070
    Hours/week
    1 + 50 related

    Schedule J breakdown matched by us

    Base
    $0 + $385,520 related
    Bonus
    $0 + $113,186 related
    Other
    $0 + $24,801 related
    Deferred
    $0 + $102,360 related
    Nontaxable benefits
    $0 + $24,710 related
    Filer's total
    $0 + $650,577 related
  • CHELSEE STARK

    DIRECTOR

    Total calculated
    $3,000
    From this org
    $0
    From related orgs
    $3,000
    Other
    $0
    Hours/week
    1
  • BRIAN KRUPICZEWICZ

    FORMER KEY EMPLOYEE

    Total calculated
    $1,150,689
    From this org
    $0
    From related orgs
    $1,068,058
    Other
    $82,631
    Hours/week
    1 + 50 related

    Schedule J breakdown matched by us

    Base
    $0 + $280,737 related
    Bonus
    $0 + $105,846 related
    Other
    $0 + $681,475 related
    Deferred
    $0 + $55,930 related
    Nontaxable benefits
    $0 + $26,701 related
    Filer's total
    $0 + $1,150,689 related
  • MICHAEL KOZIARA

    FORMER KEY EMPLOYEE

    Total calculated
    $764,843
    From this org
    $0
    From related orgs
    $764,843
    Other
    $0
    Hours/week
    0 + 50 related

    Schedule J breakdown matched by us

    Base
    $0
    Bonus
    $0
    Other
    $0 + $764,843 related
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $0 + $764,843 related
  • CHRISTOPHER CROOK

    FORMER KEY EMPLOYEE

    Total calculated
    $692,074
    From this org
    $0
    From related orgs
    $541,372
    Other
    $150,702
    Hours/week
    1 + 50 related

    Schedule J breakdown matched by us

    Base
    $0 + $385,375 related
    Bonus
    $0 + $114,198 related
    Other
    $0 + $41,799 related
    Deferred
    $0 + $122,411 related
    Nontaxable benefits
    $0 + $28,291 related
    Filer's total
    $0 + $692,074 related
  • MARTI LOLLI

    FORMER KEY EMPLOYEE

    Total calculated
    $669,826
    From this org
    $0
    From related orgs
    $669,826
    Other
    $0
    Hours/week
    0 + 50 related

    Schedule J breakdown matched by us

    Base
    $0
    Bonus
    $0
    Other
    $0 + $669,826 related
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $0 + $669,826 related
  • JIANHUA YU

    FORMER HIGHEST COMPENSATED

    Total calculated
    $1,434,422
    From this org
    $0
    From related orgs
    $1,434,422
    Other
    $0
    Hours/week
    0 + 50 related

    Schedule J breakdown matched by us

    Base
    $0
    Bonus
    $0
    Other
    $0 + $1,434,422 related
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $0 + $1,434,422 related
  • DAVID RZESZUTKO

    FORMER HIGHEST COMPENSATED

    Total calculated
    $561,479
    From this org
    $0
    From related orgs
    $525,464
    Other
    $36,015
    Hours/week
    1 + 50 related

    Schedule J breakdown matched by us

    Base
    $0 + $361,514 related
    Bonus
    $0 + $90,037 related
    Other
    $0 + $73,913 related
    Deferred
    $0 + $19,800 related
    Nontaxable benefits
    $0 + $16,215 related
    Filer's total
    $0 + $561,479 related
  • MATTHEW STREBECK

    FORMER HIGHEST COMPENSATED

    Total calculated
    $490,677
    From this org
    $0
    From related orgs
    $408,536
    Other
    $82,141
    Hours/week
    1 + 50 related

    Schedule J breakdown matched by us

    Base
    $0 + $282,816 related
    Bonus
    $0 + $100,263 related
    Other
    $0 + $25,457 related
    Deferred
    $0 + $54,285 related
    Nontaxable benefits
    $0 + $27,856 related
    Filer's total
    $0 + $490,677 related
  • BRIAN FEDORONKO

    FORMER HIGHEST COMPENSATED

    Total calculated
    $462,781
    From this org
    $0
    From related orgs
    $415,963
    Other
    $46,818
    Hours/week
    1 + 50 related

    Schedule J breakdown matched by us

    Base
    $0 + $329,051 related
    Bonus
    $0 + $79,645 related
    Other
    $0 + $7,267 related
    Deferred
    $0 + $16,500 related
    Nontaxable benefits
    $0 + $30,318 related
    Filer's total
    $0 + $462,781 related
  • ERIN SULLIVAN

    FORMER HIGHEST COMPENSATED

    Total calculated
    $352,425
    From this org
    $0
    From related orgs
    $316,656
    Other
    $35,769
    Hours/week
    1 + 50 related

    Schedule J breakdown matched by us

    Base
    $0 + $273,602 related
    Bonus
    $0 + $41,086 related
    Other
    $0 + $1,968 related
    Deferred
    $0 + $8,005 related
    Nontaxable benefits
    $0 + $27,764 related
    Filer's total
    $0 + $352,425 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 — 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

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan

Answered no

  • 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
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

Part I, Line 3
THE FILING ORGANIZATION RELIED UPON A RELATED ORGANIZATION WHO UTILIZED THE FOLLOWING PROCESS IN DETERMINATION OF THE TOP MANAGEMENT OFFICIAL'S COMPENSATION. THE COREWELL HEALTH BOARD OF DIRECTORS (THROUGH ITS COMPENSATION COMMITTEE) USES THE FOLLOWING PROCESS FOR DETERMINING COMPENSATION OF THE TOP MANAGEMENT OFFICIALS, OTHER OFFICERS, AND KEY EMPLOYEES AT COREWELL HEALTH. LABOR MARKET DATA REFLECTING COMPARABLE ORGANIZATIONS AND JOBS (PREPARED BY INDEPENDENT FIRMS) ARE RELIED UPON IN SETTING COMPENSATION LEVELS. COMPETITIVE ASSESSMENT REPORTS ARE PROVIDED TO THE COMPENSATION COMMITTEE IN ADVANCE OF MEETINGS. THE COMPETITIVE ASSESSMENT REPORT IS PREPARED BY A NATIONALLY KNOWN INDEPENDENT EXECUTIVE COMPENSATION FIRM. THE FOLLOWING SURVEYS, PREPARED BY INDEPENDENT FIRMS, WERE THE PRIMARY SOURCES REFERENCED TO OBTAIN COMPARABLE MARKET DATA FOR THE REVIEW: GALLAGHER: 2022 NATIONAL HEALTHCARE LEADERSHIP COMPENSATION SURVEY MERCER: 2023 IHN HEALTHCARE COMPENSATION SURVEY MERCER: 2023 IHP HEALTH PLAN COMPENSATION SURVEY SULLIVANCOTTER, INC: 2023 HEALTH CARE MANAGEMENT AND EXECUTIVE COMPENSATION SURVEY IN ADDITION, TWO GENERAL INDUSTRY SURVEYS WERE REFERENCED FOR SELECT POSITIONS: MERCER: 2023 US EXECUTIVE REMUNERATION SUITE WILLIS TOWERS WATSON: 2023 EXECUTIVE COMPENSATION SURVEY IN ADDITION TO THE ABOVE DATA SOURCES, THE COMPENSATION COMMITTEE APPROVED THE CREATION OF A CUSTOM PEER GROUP OF HIGH PERFORMING INTEGRATED HEALTH SYSTEMS TO ENSURE ROBUST DATA AND A RELEVANT COMPARATOR MARKET. THE PEER GROUP ORGANIZATIONS ARE APPROVED BY THE COMPENSATION COMMITTEE AND CONSISTS OF HEALTHCARE SYSTEMS SIMILAR IN REVENUE SIZE, TALENT MARKET COMPETITORS, HIGH PERFORMERS, FINANCIALLY STABLE AS INDICATED BY BOND RATING AND THAT FOLLOW A SIMILAR STRATEGY (MULTI-SITE SYSTEMS, HEALTH PLANS). COMPARABLE DATA FOR THE APPROVED PEER GROUP IS COMPILED BY THE INDEPENDENT EXECUTIVE COMPENSATION CONSULTING FIRM. COMPENSATION ADJUSTMENTS ARE APPROVED BY COMPENSATION COMMITTEE MEMBERS, CONSISTENT WITH THE COREWELL HEALTH COMPENSATION PHILOSOPHY DESCRIBED BELOW. MINUTES OF COMMITTEE DISCUSSIONS AND DECISIONS ARE PREPARED TO MEMORIALIZE COMPENSATION COMMITTEE DECISIONS BASED UPON THE ABOVE DATA. CASH COMPENSATION DATA RELIED UPON BY THE COMPENSATION COMMITTEE IS NATIONAL AND REFLECTS THE COMPENSATION PAID TO EXECUTIVES IN COMPARABLE JOBS IN COMPARABLY-SIZED HEALTH CARE AND/OR HEALTH INSURANCE ORGANIZATIONS. COREWELL HEALTH RECRUITS NATIONALLY FOR ITS EXECUTIVES. BENEFITS DATA REFLECT NATIONAL HEALTH CARE/HEALTH INSURANCE MARKET PRACTICES. THIS PROCESS IS INTENDED TO ASSIST COREWELL HEALTH IN QUALIFYING FOR THE REBUTTABLE PRESUMPTION OF REASONABLENESS (INTERMEDIATE SANCTIONS REGULATIONS) AND COMPLYING WITH THE POTENTIAL COREWELL HEALTH EXCESS BENEFIT TRANSACTION POLICY FOR THOSE INDIVIDUALS IN THE GROUP WHO ARE DISQUALIFIED PERSONS. THE OPINION SUBMITTED FROM THE THIRD PARTY INDEPENDENT CONSULTING FIRM IS IN ACCORDANCE WITH THE PROVISIONS OF TREASURY REGULATIONS SECTION 53.4958-6(C)(2) AND IS ALSO INTENDED TO SATISFY THE PROFESSIONAL ADVICE REQUIREMENT OF TREASURY REGULATIONS SECTION 53.4958-1(D)(4)(III).
Part I, Lines 4a-b
THE FOLLOWING INDIVIDUALS RECEIVED SEVERANCE PAYMENTS: BRIAN KRUPICZEWICZ $76,821 THE FOLLOWING INDIVIDUALS RECEIVED PAYMENTS FROM A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN: BRIAN KRUPICZEWICZ $104,720 JAMES FORSHEE MD $54,177 JIANHUA YU $1,433,583 MARTI LOLLI $669,767 MICHAEL KOZIARA $762,150 PRAVEEN THADANI $322,002 LINE 4B IS ANSWERED YES BECAUSE CERTAIN INDIVIDUALS DO PARTICIPATE IN SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN(S). SOME INDIVIDUALS RECEIVED DISTRIBUTIONS DURING THE YEAR (AS REPORTED ON THIS LINE) WHEREAS OTHERS PARTICIPATED IN THE PLAN(S) BUT DID NOT RECEIVE DISTRIBUTIONS. DISTRIBUTIONS REPORTED ON THIS LINE ARE ALSO INCLUDED IN PART II, COLUMN F AS COMPENSATION REPORTED IN A PRIOR YEAR WHILE ALSO BEING REPORTED IN THE CURRENT 990 AS TOTAL COMPENSATION. THE NONQUALIFIED RETIREMENT PLANS ARE AN INDUSTRY STANDARD AND ARE SUBJECT TO THE FUNDING REQUIREMENTS OF NONQUALIFIED DEFERRED COMPENSATION PLANS UNDER ERISA AND FEDERAL TAX REGULATIONS.

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

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2023
Filed
6 November 2024
IRS schema version
2023v5.1
Source object
202413119349304206

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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