Mission Driven. Patient Centered.
Annual Report Fiscal Year
Board of Directors Executive Committee Dr. Debbie Miller Chair Elizabeth Family Medicine, Pharmacist Tony Smith Immediate Past Chair GreerWalker, LLP, Partner Mory Lowe Vice Chair & Treasurer Deloitte, Audit Senior Manager Elissa Moore Board Secretary McGuireWoods, LLP, Attorney
Board Members Dr. John Benedum Carolinas HealthCare System, Physician Sid Bernstein Novartis Pharmaceuticals Corporation Retired Executive Dr. Allison Burfield UNC Charlotte Associate Professor, School of Nursing Ron Cromartie Innovative HealthCare Consulting, Principal Lori Culicerto Walgreens, Pharmacist Lory Farrington Deloitte, Manager M&A Transaction Services Geoff Gardner Novant Health, Senior VP Operational Finance Kari Kalgren Crescendo Bioscience Manager, Strategic Accounts Dr. AJ Patefield Novant Health Sr. VP & Chief Medical Information Officer Erika Peterfy Carolinas HealthCare System, Pharmacist Alexander M. Stokas Compass Group, North America Assistant General Counsel C. Chris Sullivan Pardee UNC Health Care Director, Service Line Development Corinne Weber Carolinas HealthCare System Strategic Research & Insights, Director
The Future is Closer Than You Think Last year, the NC MedAssist Board and staff leadership participated in a training that helped us build strategies to support a vision to serve 40,000 patients annually by the year 2020 on a $5 million budget. This commitment is centered around the need of so many of our critically indigent families in North Carolina, many of whom are working as hard as they can to support themselves. I’m pleased to say that we are moving in the right direction and it is all because of the generosity of our financial supporters. However, we know that there is plenty of work to do as there are still 463,000 people in North Carolina who are both low-income and uninsured. In 2016-17, we are gaining great momentum to increase our patient capacity by collaborating with our partners across the state. Working with these entities and thought leaders to generate funds and awareness has been fruitful in increasing the number of patients that we serve. One example is our newly designed Corporate Volunteer Program and the ways it has been critical to filling the medicine cabinets of more than 11,000 people with our Over The Counter Medicine program. The OTC Medicine Give Away Days not only generate financial support from across the state, they allow community and corporate groups an opportunity to work literally side by side handing out more than $100 worth of medicine to each of our vulnerable neighbors. These events also help us identify people that may qualify to receive free prescription medication through our Free Pharmacy Program. NC MedAssist is proud to lead this important mission in getting people the medicine they need, but we are only able to do this because of people like you. Thank you to our generous supporters, donors and partners for believing in our vision. When you look at the tremendous growth in this report, know that it all started with you, and we hope you continue to find our mission and our focus a worthwhile choice.
Financial Snapshot Revenue
Actual
Budget
Contributions & Cash
$483,800
$465,650
Grants
$2,303,800
$2,386,000
Non Cash Income (Value of Meds Donated)
$41,228,900
$26,053,763
Total Revenue
$44,016,500
$28,905,413
Expenses
Actual
Budget
Total Benefits & Salaries
$1,668,950
$1,729,649
Total Program Costs
$674,270
$684,860
Total Purchased Drugs
$388,800
$375,000
Value of Donated Meds Dispensed
$41,228,900
$26,053,763
Total Expenses
$43,960,920
$28,843,272
Total Net Income
$55,580
$62,141
Special thanks and recognition to our top individual donors:
There is More Work to be Done
Club Med ($5000+) Mr. Stephen Landers Dr. and Mrs. Arthur Patefield Mr. and Mrs. Tony Smith Dr. and Mrs. William A. Walker
This past year has been one of significant change for NC MedAssist. We began the year with a new lofty vision: To serve 40,000 people per year by 2020 on a $5 million budget. We called it our Vision 2020 Plan. Through the new Blue Cross Blue Shield Leadership Academy and a grant from the their foundation, the board and staff went through an intensive training program that has helped to increase the philanthropic culture of our organization.
Lori Giang, CEO
Philanthropy literally means the love of mankind. Who would say no to that? Through our training we were able to emphasize philanthropy at every level of our organization from our board members to our staff. We realized the act of being philanthropic can be expressed through giving of our time, talent and treasure. In other words, there is room for you to make a contribution of time, talent or a financial gift that will be an impact on the community. We are extremely enthusiastic about continuing to provide prescription medications across North Carolina. According to the Robert Wood Johnson Foundation, there are 463,000 people in North Carolina who live below the Federal Poverty Level and, therefore, are not eligible for coverage under the Affordable Care Act. Many of these people have at least one chronic illness. NC MedAssist is working in multiple ways to get the word out that no one should have to choose between buying their medicine or their groceries. We served over 14,000 people through the pharmacy program and another 11,000 through our OTC program. With a potential pool of 463,000 people there is more work to be done! Come and help us! For every $1 donated, $15 in medication is dispensed back to the community. Our patients express their appreciation: Jacqueline from Mecklenburg County wrote: “I work full time but had been to the ER for medicine since I couldn’t breathe. Since getting my medicine (from MedAssist) my kids aren’t scared I’m going to stop breathing and die on them. So thank you for keeping me alive.” Angela from Yadkin County wrote: “I’m very happy there is a MedAssist. My medicine is $500 monthly. I used to cut down what I was supposed to take to afford my other bills. I don’t have to do that now.” On behalf of all our patients, we thank you for your support!
Focus
FY2015
FY2016
% Increase
# of Pharmacy patients served (unduplicated)
12,026
14,230
18.3 %
# of prescriptions (90-day) filled
110,022
125,702
14.3 %
OTC: # of people served
3,716
11,497
209 %
OTC: # of volunteers
1,641
2,143
31 %
# of seniors served
473
476
.6 %
Club Life ($2500-$4999) Mr. and Mrs. Sid Bernstein Mr. and Mrs. Antonio Lopez-Ibanez, Sr. Dr. and Mrs. James E. McDermott Mr. and Mrs. Richard B. McKnight Drs. David and Debbie Miller Mr. Rick Ruby
Club Hope ($1000-$2499) Dr. and Mrs. John Benedum Mr. and Ms. Seth M. Bernanke Mr. Anthony Bestley Dr. Allan A. Bloom, Ph.D. Dr. Jean Boggs Mr. Dale Brown Dr. Allison Burfield, Ph.D. Ms. Kathryn V. Clancy Dr. and Mrs. Herbert Clegg Mr. and Mrs. Andy Culicerto Ms. Jacqueline Daniels Dr. Michael Finlon Ms. Tracy Foster Dr. and Mrs. John Gardella Mr. and Mrs. Geoff Gardner Dr. Ophelia Garmon-Brown Mr. and Mrs. Michael C. Giang Ms. Emily Godfrey Mr. James Grossman Mr. and Mrs. Timothy Gunderman Dr. and Mrs. Michael Haake Dr. and Mrs. Lane Jacobs Mrs. Lisa Johnson Dr. and Mrs. Donald Joyce Dr. Martin Kreshon, Sr. Mr. and Mrs. Hans Lengers Mr. and Mrs. Mory Lowe Mr. Frank McCree Dr. Darlyne Menscer Ms. Denise Mihal Mrs. Marilyn Modak Mr. and Mrs. Matthew Moore S. H. Paris Mr. and Mrs. Nick Peterfy Mr. John Phipps Mrs. Karen Power Mr. and Mrs. Jim J. Ratchford III Dr. Wanda Robinson and Randy Robinson Mr. and Dr. Jason Rodela Dr. and Mrs. Matthew Ryan Ms. Marian Saffer Dr. and Mrs. Russell A. Salton III Mr. and Mrs. John Siphers Mr. Brian Taylor Ms. Ruthine Tidwell Mr. Joseph Tronco Dr. and Mrs. Paul Vadnais Ms. Brenda Vass Mr. and Mrs. Andrew Weber Ms. Agnes Weisiger Dr. and Mrs. Thomas Zweng Giving levels based on annual gifts received from July 1, 2015 to June 30 (2016.
Collaborating to Increase Patient Awareness
A Shared Vision Community collaboration is key to systemic change. Access to medical and pharmaceutical care for low-income people is still a critical need in North Carolina. NC MedAssist partners with 92 agencies across the state to provide the poorest of the poor with lifesaving prescription medications. These agencies are hospitals, free clinics, health departments and other non-profit agencies. Patients are referred to us and NC MedAssist fills their prescription medication and mails the medication directly to either the local charitable pharmacy or to the patient’s home address. Additionally, through our Over the Counter (OTC) Medication Program, NC MedAssist partners with corporations, churches and universities to provide over $100,000 in first aid supplies, cold/flu medicines and vitamins at each OTC event. Just a few events to note: Oxner+ Permar, PLLC sponsored an OTC event at St. Augustine’s University in Raleigh (event pictures right). High Point Seventh Day Adventist and High Point University worked together to provide two OTC events for High Point residents. Cardinal Innovations, Novant Health, and Wake Forest Baptist Health sponsored an event in Winston-Salem, NC. We are deeply appreciative for the support that these institutions (and the many others) provided to us and their neighbors in need.
NC MedAssist held two OTC Medicine Give Away Days each month. In FY 2016 , NC MedAssist served 11,497 low-income North Carolina residents.
OTC Give Away Days typically serve over 800 low-income individuals who may not have basics like vitamins, allergy medicine or even medicine like Tylenol to treat a child’s fever. Without this medicine, parents often have no choice but to use emergency rooms to get the care needed. The Consumer Healthcare Products Association reported in 2012 that for every $1 invested in OTC medicine, there is a $6 to $7 savings in future health care cost. In FY2016, $12,350,00 in healthcare cost savings was generated when NC MedAssist distributed more than $1.9 million in OTCs.
It’s More than a Band-Aid to Tiffany When the NC MedAssist team met Tiffany M. in Raleigh at the Wake County OTC Medicine Give Away Day, she and her children were living in a shelter. When NC MedAssist gave her a bag of medicine, she was empowered to care for her son with dignity. Tiffany was so thankful for the OTC medicines and she told us the following story: “You think you have just handed me a few Band-Aids? No, you have given me the power to take care of my kids. I had to leave an unhealthy relationship. I left with nothing. Right now, I can’t give my kids a meal, or a home, but because of you, I can give my son a Band-Aid for his boo boo. Thank you!”
Tiffany and her son.
Entertaining and Educational Interactions with Donors
More than Pancakes and Beer NC MedAssist’s goal is to increase the awareness about our need for funds to purchase generic medication for our patients. 84% of our patients are below 100% of the Federal Poverty Level; for a family of four that means they earn less than $23,500 a year or less than $12/hour. These very low-income patients literally choose between their medications or their groceries. A $4 generic is still a major financial decision for our patients; NC MedAssist provides these medications at no cost.
Participants enjoying a craft beer, posing with their team and lining up to race.
This fiscal year, we held two 5K races that brought 1500 people together to raise over $56,000 for our neighbors in need.
Working Together to Empower Our Community More than 500 executives joined NC MedAssist as we looked at the state of healthcare for the low-income and uninsured in North Carolina. There is a coverage gap in North Carolina, and the result is that we still have very poor and uninsured people who are sick. These individuals have chronic illnesses like diabetes, hypertension, asthma, etc., and their ability to work and make a living wage is severely limited. At the May Executive Luncheon presented by Novant Health, NC MedAssist honored long-time volunteers and donors, Dr. and Mrs. Donald Joyce. For the last 15 years, the Joyces have worked continuously to call attention to the medical and social services needs of our neighbors who live in poverty. Because of their example of giving their time, talent, and treasure, NC MedAssist’s Excellence in Volunteerism award will forever be named in their honor. Sponsors and attendees raised more than Pictured Clockwise: Keynote Speaker Denise Mihal, RN, MBA, SVP of Novant $212,000 to support patients with critical life-saving Health; Dr. and Mrs. Joyce and daughters with Lori Giang; medications. Dr. A.J. Patefield, Chief Medical Information Attendees pledging to empower our neighbors in need. Officer and Senior Vice President of Novant Health, served as the Luncheon Chair.
Over the Counter Medicine Program
Free Pharmacy Program
11,497 Participants
14,230 Patients
Non-Profit U.S. Postage PAID Permit No. 2947
4428 Taggart Creek Road Suite 101 Charlotte, NC 28208 704.536.1790 NC MedAssist is a nonprofit pharmacy program providing access to lifesaving prescription medications, patient support, advocacy, and related services to vulnerable and uninsured North Carolina residents.
Fiscal Year 2016 Sincere appreciation to organizations that gave $5000 or more: Arrow Systems Integration Becton Dickinson Cardinal Innovations Healthcare Coca-Cola Community Clinic of High Point Community Free Clinic Deloitte, LLP Enterprise Systems Foundation for a Healthy Carolina Ginter Foundation High Point Seventh Day Adventist Church Mecklenburg Medical Alliance and Endowment Myers Park Baptist Church North Carolina Association of Free Clinics-BCBS Foundation North Carolina General Assembly-Office of Rural Health Novant Health-Physician’s Impact Fund Pfizer St. Gabriel Catholic Church Triangle North Healthcare Foundation Vidant Duplin Hospital Vidant Medical Center Foundation
medassist.org
facebook.com/NCMedAssist
George W. & Ruth R. Baxter Foundation Boehringer Ingelheim CaroMont Regional Medical Center Charlotte Community Health Clinic Chatham Cares Community Pharmacy Dell The Duke Endowment Epic Foundation for a Healthy High Point GreerWalker Helping Hands Clinic The Leon Levine Foundation Mecklenburg County The Merancas Foundation Myers Park Presbyterian Church North Carolina Department of JusticeAttorney General’s Office Novant Health Oxner+Permar, PLLC Sisters of Mercy Foundation of North Carolina United Way of the Central Carolinas
@NCMedAssist
704.536.1790