Keystone Mercy Health Plan · Philadelphia, PA United States
Company Description
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This link will open in a new window Keystone Mercy Health Plan provides health care benefits to more than 300,000 Medicaid recipients in five southeastern Pennsylvania counties: Bucks, Chester, Delaware, Montgomery, and Philadelphia. Operating as a health maintenance organization (HMO), the company manages care for its members through a network of primary care physicians, specialists, pharmacies, and hospitals; it provides benefits including dental and prescription coverage, pregnancy programs, and assistance with transportation needs. Keystone Mercy Health Plan is a 50/50 joint venture belonging to Mercy Health System and Keystone First, a unit of Independence Blue Cross . To read the full description, subscribe now.
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Key Keystone Mercy Health Plan Financials
| Company Type | Private Single Location |
| Fiscal Year-End | December |
| Annual Sales (mil.) | $1,486.4 |
| Employees | 1,200 |
Keystone Mercy Health Plan Executives
17 executives listed for Keystone Mercy Health Plan's Philadelphia, PA location.
| Title | Name & Bio | Contact |
| President and CEO | Daniel Hilferty | Network |
| COO; President, Pennsylvania Managed Care | Anne Morrissey | Network |
| Interim CFO and Chief Accounting Officer | Steven Bohner | Network |
Competition
Competitive Landscape for Keystone Mercy Health Plan
Demand for health insurance products is driven by the rising costs of medical care. The profitability of individual companies depends on efficient operations and the ability to negotiate favorable contracts with healthcare providers. Large companies and organizations have advantages in negotiating contracts with healthcare providers. Small companies can compete successfully by providing special coverage plans as part of government programs such as Medicaid, or for specialized populations. The industry is highly automated and capital-intensive: annual revenue per employee is close to $1 million. Reforming the US healthcare industry continues to be a top agenda item in Washington, but a consensus on the best way to reduce healthcare spending has yet to be reached. The managed healthcare industry will most certainly be impacted by any changes initiated by federal legislators. To read the full description, subscribe now.Top Keystone Mercy Health Plan Competitors
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