University of Maryland Medical System Health Plans Revenue and Competitors

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Lutherville-Timonium, MD USA

Location

N/A

Total Funding

Estimated Revenue & Valuation

  • University of Maryland Medical System Health Plans's estimated annual revenue is currently $18M per year.(i)
  • University of Maryland Medical System Health Plans's estimated revenue per employee is $243,000

Employee Data

  • University of Maryland Medical System Health Plans has 74 Employees.(i)
  • University of Maryland Medical System Health Plans grew their employee count by -27% last year.
Competitor NameRevenueNumber of EmployeesEmployee GrowthTotal FundingValuation
#1
$2417.1M11907N/AN/AN/A

University of Maryland Medical System Health Plans, Inc. (UMMSHP) was formed in 2015 when University of Maryland Medical System (UMMS) acquired Riverside Health, Inc. Since 2013, Riverside Health has participated in Maryland's HealthChoice Program as a Medicaid Managed Care Organization (MCO). In the first two years the health plan grew to over 25,000 members and served all but the three western Maryland counties. In 2016, UMMSHP launched University of Maryland Health Advantage (HMO/HMO-SNP Plan) on Riverside Health's platform. Today, UMMSHP operates both University of Maryland Health Partners (formerly Riverside of Maryland) and University of Maryland Health Advantage (a Medicare Advantage Prescription Drug Plan). UMMSHP builds upon Riverside Health's early successes in the managed care industry and continues bridging the gaps between providers and health insurance plans. The UMMS providers, facilities and health plans work together as Maryland's Home Team for Health to create healthier communities.

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Total Funding

74

Number of Employees

$18M

Revenue (est)

-27%

Employee Growth %

N/A

Valuation

N/A

Accelerator

University of Maryland Medical System Health Plans News

2022-04-20 - University of Maryland Medical System goes in on a solar energy ...

The plan also is to allow system employees who earn less than $67,000 annually to buy their homes' power from Baltimore Gas & Electric at a...

2022-04-20 - The travel mask mandate's gone, but how safe is public transport ...

Infectious disease experts tell NPR they generally plan to keep ... of health policy at the University of Maryland School of Public Health.

2022-03-22 - University of Maryland Medical System Announces Expanded ...

“We are pleased to expand inpatient access to healthcare that is aligned with our geographical footprint, and with a first-rate health system by...

2019-09-06 - The urge to merge hits hospitals

State health regulators said no, citing the high costs of using an emergency room as a point of ... The University of Maryland Medical System is making an aggressive move to the north with plans to build the long-discussed ...

2019-09-05 - University of Maryland Starts Nation's First Medical Marijuana ...

Coleman became a student in the University System of Maryland again this ... about 100 conclusions about the therapeutic and health effects of cannabis. ... "I plan to use the networking opportunities from this program to ...

University of Maryland Medical System Health Plans Executives


NameTitle
Daniel MyersVice President of Solutions
Joseph AggazioVice President, Medicare Sales and Marketing