HEALTHFIRST NAMED IN MODERN HEALTHCARE’S INAUGURAL “HEALTHCARE’S HOTTEST” RECOGNITION PROGRAM
Award Recognizes the Fastest Growing U.S. Healthcare Companies
FOR IMMEDIATE RELEASE
Contact: Laura Vialva
718-764-3517 (mobile) Lvialva@healthfirst.org
NEW YORK, NY, August 9, 2012 – Healthfirst announced today it has been recognized in Modern Healthcare’s 2012 “Healthcare’s Hottest” program. The program recognizes the fastest growing healthcare companies that are headquartered in the U.S., have at least $20M in revenue for 2011, and have been in business for five years or more.
Healthfirst has been serving the New York City metropolitan area since 1993, providing health care coverage to individuals and families through a variety of government-sponsored health insurance programs, including New York State's Child Health Plus, Family Health Plus, Medicaid, and Medicare Advantage.
Healthfirst also offers long term care solutions for New York residents through Senior Health Partners (SHP), a managed long term care plan. In addition, residents of New Jersey are served by Healthfirst Health Plan of New Jersey, Inc. (Healthfirst NJ) which also provides Medicare Advantage and NJ FamilyCare/Medicaid health plans. The Healthfirst family of companies serves more than 600,000 members through a network of more than 24,000 providers.
“We are gratified by this recognition, which reflects our commitment to serving local communities through strong partnerships with health care providers,” said Pat Wang, Healthfirst President and CEO. “It reinforces our commitment to provide the best possible service and assure the highest level of quality to our market.”
The 2012 Healthcare’s Hottest program identified the 40 fastest growing companies in the following sectors:
- Hospitals/hospital systems
- Physician group practices
“Being named to Modern Healthcare’s list of the Healthcare’s Hottest for 2012 demonstrates Healthfirst’s ability to increase their financial health despite the economic downturn and tepid recovery,” said Fawn Lopez, Vice President and Publisher of Modern Healthcare.
For more information on Healthfirst and its family of companies, please visit www.healthfirst.org.
Established in 1993, Healthfirst is a not-for-profit managed care organization that offers low or no-cost health insurance to eligible individuals and families living in the New York metropolitan area and New Jersey. It provides a variety of government-sponsored health insurance programs, including New York State's Child Health Plus, Family Health Plus, and Medicaid, as well as Medicare Advantage. The Healthfirst family of companies includes Healthfirst in New York, Healthfirst NJ in New Jersey, and Senior Health Partners (SHP), a managed long term care plan serving Medicaid-eligible clients in New York City. For more information, visit the company's websites at www.healthfirst.organd www.healthfirstnj.org.
About Modern Healthcare
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All submitted financial documentation was tabulated and analyzed by Modern Healthcare. A sample of Modern Healthcare’s tabulations were independently assessed by the accounting and management consulting firm of Deloitte & Touche, a subsidiary of Deloitte LLP, which provides audit, tax, consulting, and financial advisory services to companies of all sizes including a practice dedicated to middle-market firms.