Patient Access Network Foundation
Patient Access Network Foundation
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About this organization
Mission
To help underinsured people with life-threatening, chronic and rare diseases get the medications and treatments they need by assisting with their out-of-pocket costs and advocating for improved access and affordability.
About
At the Pan Foundation, we envision a nation in which everyone can get access to medically necessary prescription medications. With the support of our generous donors and with the collaboration of healthcare providers and pharmacies throughout the U.S., Pan is able to cover deductibles, copayments and coinsurance for thousands of underinsured patients. As a result, these patients are able to obtain the treatments they need to best manage their conditions and improve their quality of life. In 2018, the Pan Foundation assisted 182,615 patients, three-quarters of whom sought and received assistance from the Pan Foundation for the first time. In the same year, Pan paid over 830,000 claims for patients' out-of-pocket costs for their critical medications. The Pan Foundation operates under an advisory opinion issued by the U.S. Department of Health and Human Services, Office of the Inspector General (OIG advisory opinion 07-18). Accordingly, Pan is committed to operating in a fully compliant and transparent manner that meets or exceeds all relevant statutes and guidance for charitable patient assistance foundations.
Interesting data from their 2019 990 filing
From their filing, the objective of the non-profit is stated as “To help underinsured people with life-threatening, chronic and rare diseases get the medications and treatment they need by paying for their out-of-pocket costs and advocating for improved access and affordability.”.
When talking about its functions, they were outlined as: “To help underinsured people with life-threatening, chronic and rare diseases get the medications and treatment they need by paying for their out-of-pocket costs and advocating for improved access and affordability.”.
- The legally reported state of operation for the non-profit is DC.
- According to the filing, the non-profit's address in 2019 is 805 15TH STREET NW NO 500, WASHINGTON, DC, 20005.
- The non-profit organization as of 2019 has a total of 31 employees reported on their form.
- Is not a private foundation.
- Expenses are greater than $1,000,000.
- Revenue is greater than $1,000,000.
- Revenue less expenses is $175,722,315.
- The organization has 11 independent voting members.
- The organization was formed in 2004.
- The organization pays $3,930,439 in salary, compensation, and benefits to its employees.
- The organization pays $877,132 in fundraising expenses.
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