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ADVANCED PROVIDERS INSURANCE RISK

PHOENIX, AZ · EIN 201095828 · Form 990 · FY2020 · NTEE Y230 · Mutual & Membership Benefit · Small ($100K-$1M) · www.apirrg.com
revenue
$149K
expenses
$211K
net assets
$1.4M
employees
0
mission · from form 990

TO PROVIDE AFFORDABLE MEDICAL MALPRACTICE INSURANCE TO MEDICAL PROFESSIONALS THAT MAKE HOUSE CALLS TO ELDERLY PATIENTS.

profile · synthesized from sources

This organization, Advanced Providers' Insurance Risk Retention Group, Inc., provides professional liability insurance to home-based primary care providers, including physicians, nurse practitioners, physician assistants, podiatrists, and psychiatrists. They aim to offer competitive pricing and coverage tailored to the reduced exposure of mobile healthcare practices across the United States.

named programs · 2 · from sources

what they call their work

Professional Liability Coverage
Provides professional liability insurance for home-based primary care providers, including physicians, nurse practitioners, physician assistants, podiatrists, and psychiatrists, with coverage options ranging from $100,000/$300,000 to $1,000,000/$3,000,000.
Remote Patient Monitoring (RPM)
Offers a turnkey solution for medical practices to implement remote patient monitoring, including FDA-cleared BLE devices (BP Cuff, Pulse Oximeter, Weight Scale, Thermometer, Spirometer, Glucometer), a patient monitoring app (VitalCare), and PRN patient monitoring services.
activities · 2 clusters

what they do

  • Group Accident and Liability Insurance Provision 2 activities
    • Professional Liability Insurance Coverage for Home Care Physicians
      Provides professional liability insurance to members of AAHCM as well as home care physicians and doctors who primarily treat geriatric patients in office, facility, or home settings. Offers both Claims Made and Occurrence Coverage with liability limits ranging from $100,000/$300,000 up to $1,000,000/$3,000,000.
    • Professional liability insurance provision for home care medical providers
      Provides professional liability insurance coverage to members of the American Association of Home Care Medicine (AAHCM) and to Home Care Physicians and geriatric specialists who treat patients in office, facility, or home settings. This includes both Claims Made and Occurrence Coverage options with liability limits ranging from $100,000/$300,000 up to $1,000,000/$3,000,000.
  • Remote Patient Monitoring and School Counselor Mentorship 2 activities
    • Remote Patient Monitoring Technology Provision
      Provides FDA-cleared remote patient monitoring devices and platforms, including VitalTech BLE devices (e.g., BP cuffs, pulse oximeters, weight scales, thermometers, spirometers, glucometers), the VitalCare patient app and administrative platform, SensoSCAN continuous vital sign monitors, and the CoVa Monitoring System 2 for advanced cardiac and respiratory measurements. Devices can be drop-shipped directly to patients.
    • Remote patient monitoring technology provision
      Provides FDA-cleared remote patient monitoring devices and digital platforms, including Bluetooth Low Energy (BLE) devices (e.g., blood pressure cuffs, pulse oximeters, weight scales, thermometers, spirometers, glucometers), the VitalCare patient app and administrative platform, SensoSCAN continuous vital sign monitor, and the CoVa Monitoring System 2 for advanced cardiac and respiratory metrics. Devices are drop-shipped directly to patients to support remote care.
financials · form 990 · fy2020

the money

revenue
Total revenue$149K
Contributions & grants$00%
Program service revenue$136K91%
Investment income$13K9%
Other revenue$0
expenses
Total expenses$211K
Program expenses
Admin / overhead
Fundraising
Salaries & benefits$0
Grants paid out$0
Largest expense lineProfessional Fees
balance sheet
Total assets$1.69M
Cash$1.37M
Investments$292K
Liabilities$323K
Net assets$1.36M
Liquid reserves94.8 mo
1 years on record · 2020–2020
leadership · form 990 part vii · fy2020

who runs it

board members · 4
  • CHARLES MARLIN — PRESIDENT, TREASURER, DIRECTOR
  • EDWARD CALDWELL — DIRECTOR
  • EDWIN SOLER-VALCOURT MD — SECRETARY, DIRECTOR
  • TOM PLAMONDON — DIRECTOR
relationships · 5

who they work with

  • AAHCM Partner — Longstanding provider of insurance services to members of the American Academy of Home Care Medicine.
  • AAHCM Partner — Provides professional liability insurance coverage to members of AAHCM.
  • Advanced Providers Partner — Provides coverage across the United States in conjunction with Advanced Providers.
  • Strategic Partners Partner — Provides coverage across the United States in conjunction with Strategic Partners.
  • VitalTech Partner — Provides FDA cleared BLE devices for remote patient monitoring.