Altamed Health Services Corp

Altamed Health Services Corp Overview

Altamed Health Services Corp is located in Los Angeles, CA. The organization was established in 1970. According to its NTEE Classification (E32) the organization is classified as: Community Clinics, under the broad grouping of Health Care and related organizations. As of 04/2019, Altamed Health Services Corp employed 3,492 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.

For the year ending 04/2019, Altamed Health Services Corp generated $702.1m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 6.7% each year. All expenses for the organization totaled $654.8m during the year ending 04/2019. While expenses have increased by 9.1% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2017, Altamed Health Services Corp has awarded 134 individual grants totaling $2,596,668. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2019

Describe the Organization's Mission:

Part 3 - Line 1

SEE SCHEDULE O : TO ELIMINATE DISPARITIES IN HEALTH CARE ACCESS AND OUTCOMES BY PROVIDING SUPERIOR QUALITY HEALTH AND HUMAN SERVICES THROUGH AN INTEGRATED WORLD-CLASS DELIVERY SYSTEM FOR LATINO, MULTI-ETHNIC AND UNDERSERVED COMUNITIES IN SOUTHERN CALIFORNIA.VISION: TO BE THE LEADING COMMUNITY-BASED PROVIDER OF QUALITY HEALTH CARE AND HUMAN SERVICES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

CLINICS - ALTAMED OPERATES A TOTAL OF 29 PRIMARY CARE AND DENTAL CLINICS IN THE LOS ANGELES AND ORANGE COUNTIES. ADDITIONALLY, 3 MOBILE UNITS OFFER MEDICAL, DENTAL, HIV SERVICES, AND OUTREACH. THE 10 CLINICS IN ORANGE COUNTY AND 19 CLINICS IN LOS ANGELES COUNTY SEE OVER 217,000 PATIENTS PER YEAR. THE DENTAL CLINICS, MOBILE UNIT, AND 5 PORTABLE DENTAL UNITS PROVIDE ORAL HEALTH CARE TO OVER 53,000 CHILDREN AND ADULTS ANNUALLY. ALTAMED PROVIDES INTEGRATED SERVICES ALONG A CONTINUUM OF CARE THAT INCLUDES PERINATAL SERVICES, PEDIATRIC AND ADOLESCENT CARE, WOMEN'S HEALTH, AND GERIATRIC MEDICINE AND HEALTH FOR THE FRAIL AND NON-FRAIL ELDERLY. ALONG WITH ITS PREVENTIVE AND PRIMARY CARE SERVICES, ALTAMED SPECIALIZES IN SERVICES THAT INCLUDE A PEDIATRIC AND ADOLESCENT OBESITY PROGRAM AND A CHRONIC DISEASE MANAGEMENT PROGRAM. OTHER SERVICES INCLUDE LABORATORY TESTING, RADIOLOGIC SCREENING, PHARMACY SERVICES, INCLUDING MEDICATION MANAGEMENT AND RECONCILIATION. HEALTH SERVICES ARE ALSO SUPPORTED BY A COMMUNITY OUTREACH AND HEALTH EDUCATION TEAM PROMOTING HEALTHY BEHAVIORS AND ADVANCING THE OVERALL HEALTH AND WELL-BEING AMONG THOSE LIVING IN MEDICALLY-UNDERSERVED COMMUNITIES.THE MANAGED CARE TEAM IS COMPOSED OF OVER 385 PEOPLE DEDICATED TO MANAGING DELEGATED RISK FROM HEALTH PLANS. THIS TEAM CURRENTLY SERVICES ONE CLIENT COVERING OVER 230,000 CAPITATED LIVES IN LOS ANGELES AND ORANGE COUNTY. THE MAJOR TEAMS INVOLVED WITH THESE OPERATIONS COVER: UTILIZATION MANAGEMENT, CASE MANAGEMENT, CARE MANAGEMENT, CLAIMS ADMINISTRATION, ELIGIBILITY, ACCOUNTING, INFORMATION TECHNOLOGIES, CONTRACTING, PROVIDER SERVICES, CREDENTIALING, CUSTOMER SERVICE, AND CONFIGURATION. FUNCTIONING AS A COHESIVE TEAM, THESE DEPARTMENTS GOAL IS TO PROVIDE HIGH QUALITY AND LOW COST CARE TO MEMBERS ENROLLED WITH ALTAMED.


LONG TERM CARE - EACH YEAR 2,600 FRAIL AND ELDERLY SENIORS AND DISABLED ADULTS ARE SUPPORTED BY AN ARRAY OF SERVICES THROUGH ALTAMED'S 8 PROGRAMS OF ALL-INCLUSIVE CARE FOR THE ELDERLY (PACE) SITES. SERVICES INCLUDE PRIMARY CARE/GERIATRIC MEDICINE NURSING CARE, REHABILITATION THERAPY, FAMILY SUPPORT INTERVENTIONS, COUNSELING, MEDICATION MANAGEMENT, NUTRITION EDUCATION, SOCIAL ACTIVITIES, AND "DOOR THROUGH DOOR" TRANSPORTATION SERVICES BOTH TO PARTICIPANTS' HOMES AND SPECIALTY CARE MEDICAL APPOINTMENTS. ALTAMED ALSO PROVIDES SPECIALIZED IN-HOME SUPPORTIVE PROGRAMS AND SERVICES THAT ENHANCE THE LIVES OF NEARLY 4,500 SENIORS LIVING INDEPENDENTLY IN THE COMMUNITY OR WHO ARE AT-RISK OF INSTITUTIONALIZED CARE.


HIV SERVICES - AS THE ONLY PROVIDER THAT OFFERS A COMPREHENSIVE MEDICAL HOME SPECIALIZING IN HIV CARE FOR LATINOS IN LOS ANGELES, ALTAMED OPERATES A TOTAL OF FOUR HIV PRIMARY CARE CLINICS - THREE (3) IN LOS ANGELES COUNTY AND ONE (1) IN ORANGE COUNTY. IN RESPONSE TO THE AIDS EPIDEMIC, ALTAMED LAUNCHED HIV SERVICES IN 1986 TO PROVIDE CULTURALLY-COMPETENT ACCESS TO CARE TO COMBAT THE DISEASE IN ITS PREDOMINANTLY URBAN LATINO SERVICE COMMUNITIES. SINCE THEN, ALTAMED HAS GROWN TO BECOME THE LARGEST PROVIDER OF BILINGUAL HIV MEDICAL SERVICES IN LA, SERVING OVER 2,000 HIV PATIENTS EACH YEAR, AND A NATIONAL LEADER IN HIV PREVENTION SERVICES TARGETING LATINO MEN WHO HAVE SEX WITH MEN. ALTAMED OFFERS A FULL CONTINUUM OF CARE THAT INCLUDES: HIV TESTING & COUNSELING; LINKAGE TO CARE/ PATIENT NAVIGATION; MEDICAL OUTPATIENT; MEDICAL CARE COORDINATION; TREATMENT EDUCATION; BENEFITS ASSISTANCE; MENTAL HEALTH SERVICES AND INTERVENTIONS; NUTRITION COUNSELING; MEDICATION ADHERENCE; ANAL CANCER DETECTION/TREATMENT; DENTAL CARE; HOME-BASED CARE; AND SUPPORT GROUPS. ALTAMED ALSO IS AN ESTABLISHED LEADER IN HIV BIOMEDICAL PREVENTION SERVICES AS A PROVIDER OF PRE-EXPOSURE PROPHYLAXIS (PREP) MEDICATION TO REDUCE THE RISK OF CONTRACTING HIV. ALTAMED'S USE OF INNOVATIVE, CULTURALLY-TAILORED OUTREACH CAMPAIGNS HAS SOLIDIFIED ITS STANDING AS A PREFERRED LATINO, GAY- AND YOUTH-FRIENDLY HIV SERVICES PROVIDER.


YOUTH SERVICES - ALTAMED PROVIDES AN ARRAY OF YOUTH SERVICES TO OVER 1,500 AT-RISK TEENS AND YOUNG ADULTS IN MEDICALLY-UNDERSERVED COMMUNITIES EACH YEAR. SERVICES INCLUDE: PREGNANCY AND STD PREVENTION PROGRAMS, FAMILY PLANNING, HEALTH EDUCATION AND INFORMATION WORKSHOPS, LINKAGES TO CLINICAL SERVICES, CASE MANAGEMENT FOR PREGNANT/PARENTING TEENS, PARENTING EDUCATION, SUPPORT FOR PARENTING TEENS TO HELP THEM STAY IN SCHOOL AND LIFE-SKILLS DEVELOPMENT. ALTAMED ALSO PROVIDES INTENSIVE TUTORING FOR HIGH SCHOOL STUDENTS, MENTORSHIP, GUIDANCE INTO COLLEGE AND TECHNICAL SCHOOLS, AND WORKFORCE DEVELOPMENT WITH CAREER PIPELINES IN THE MEDICAL FIELD.THE ALTAMED INSTITUTE FOR HEALTH EQUITY (AIHE). THROUGH INNOVATION AND COMMUNITY ENGAGEMENT, THE WORK OF THE INSTITUTE IS TO STUDY A WIDE ARRAY OF HEALTH PROBLEMS THAT DISPROPORTIONATELY AFFECT RACIAL AND ETHNIC GROUPS, INCLUDING ADDRESSING THE MULTIPLE DETERMINANTS OF HEALTH WHICH LEAD TO DISPARITIES IN CLINICAL OUTCOMES. ALTAMED'S PATIENT POPULATION IS OVERWHELMINGLY FROM RACIAL/ETHNIC MINORITIES INCLUDING INDIVIDUALS WITH LIMITED ENGLISH PROFICIENCY THAT SUFFER DISPROPORTIONATELY FROM HEALTH DISPARITIES. THROUGH TRANSLATIONAL RESEARCH, GRANTS, AND STRATEGIC PARTNERSHIPS, THE INSTITUTE IS DEVELOPING EVIDENCE-BASED STRATEGIES TO IMPROVE PATIENT CARE. THE INSTITUTE REPRESENTS THE ESTABLISHMENT OF CRITICAL RESOURCES TO ADVISE ALTAMED HEALTH SERVICES ON SYSTEMATICALLY ADDRESSING KEY ISSUES IN HEALTH EQUITY BY DEVELOPING AND ADVANCING CONSENSUS STRATEGIES THAT ARE EFFECTIVE, SUSTAINABLE AND THAT CAN BE IMPLEMENTED LOCALLY.


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Altamed Health Services Corp Vendors

Vendor Name (Service)Compensation
Childrens Hospital La Med Grp Inc
Medical Services
$18,672,302
White Memorial Medical Center
Medical Services
$10,678,688
United Medical Imaging Healthcare Inc
Medical Services
$5,313,101
Pharmedquest Pharmacy Services Inc
Pharmacy Services
$5,329,710
Usc University Hospital Keck Hospital Of
Medical Services
$5,065,620
View All Vendors

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$29,929,784
Investment income $12,489,818
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events -$917,040
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $3,785,076
Miscellaneous Revenue$0
Total Revenue $702,094,093

Altamed Health Services Corp Grants Awarded

Over the last fiscal year, Altamed Health Services Corp has awarded $741,450 in support to 31 organizations.

Grant RecipientAmount

NATIONAL MEDICAL FELLOWSHIPS

Org PageRecipient Profile

New York, NY

PURPOSE: REDUCE HEALTH DISPARITY IN UNDERSERVED COMMUNITIES.

$162,500

LATINO MEDICAL STUDENT ASSOCIATION WEST INC

PURPOSE: REDUCE HEALTH DISPARITY IN UNDERSERVED COMMUNITIES.

$60,000

LATINO FILM INSTITUTE YOUTH CINEMA PROJECT

Org PageRecipient Profile

Encino, CA

PURPOSE: REDUCE HEALTH DISPARITY IN UNDERSERVED COMMUNITIES.

$50,000

THE LATINO COALITION INC

Org PageRecipient Profile

Irvine, CA

PURPOSE: REDUCE HEALTH DISPARITY IN UNDERSERVED COMMUNITIES.

$47,500

WHITE MEMORIAL MEDICAL CENTER CHARITABLE FOUNDATION

Org PageRecipient Profile

Los Angeles, CA

PURPOSE: REDUCE HEALTH DISPARITY IN UNDERSERVED COMMUNITIES.

$35,250

CENTER THEATRE GROUP OF LOS ANGELES

Org PageRecipient Profile

Los Angeles, CA

PURPOSE: REDUCE HEALTH DISPARITY IN UNDERSERVED COMMUNITIES.

$35,000
View Grant Profile

Altamed Health Services Corp Grants Recieved

Over the last fiscal year, we have identified 7 grants that Altamed Health Services Corp has recieved totaling $2,797,948.

Awarding OrganizationAmount
Direct Relief

Santa Barbara, CA

PURPOSE: SUPPORT TO US CLINICS & HEALTH CENTERS FOR LOW-INCOME, UNINSURED PATIENTS

$838,974
Direct Relief

Santa Barbara, CA

PURPOSE: SUPPORT TO US CLINICS & HEALTH CENTERS FOR LOW-INCOME, UNINSURED PATIENTS

$838,974
Bank Of America Charitable Foundation Inc

Charlotte, NC

PURPOSE: GENERAL SUPPORT

$500,000
Bank Of America Charitable Foundation Inc

Charlotte, NC

PURPOSE: GENERAL SUPPORT

$500,000
Direct Relief

Santa Barbara, CA

PURPOSE: COVID19-US

$50,000
Direct Relief

Santa Barbara, CA

PURPOSE: COVID19-US

$50,000
View Grant Recipient Profile

Altamed Health Services Corp Peer Organizations

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