Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

December 01, 2015 2:06 PM ET


Company Overview of MVP Health Care, Inc.

Company Overview

MVP Health Care, Inc., a not-for-profit health insurance company, provides health benefit plans to businesses and individuals in New York, Vermont, and New Hampshire. The company, through its subsidiaries, offers fully-insured and self-funded employer benefit plans, dental insurance, Medicare advantage plans, and ancillary products, such as flexible-spending accounts. MVP Health Care, Inc. was founded in 1982 and is based in Schenectady, New York.

625 State Street

Schenectady, NY 12301-2207

United States

Founded in 1982





Key Executives for MVP Health Care, Inc.

Chief Executive Officer and President
Age: 49
Chief Financial Officer
Executive Vice President of Networks and Contracting
Chief Medical Officer and Executive Vice President
Age: 64
Executive Vice President of Government Programs
Compensation as of Fiscal Year 2015.

MVP Health Care, Inc. Key Developments

MVP Health Care, Inc. Announces New Appointments

MVP Health Care has named two new members to its executive leadership team. Dominick Bizzarro executive vice president, business development and informatics and Carole Montepare Vice President of client engagement. Bizzarro was the managing director for Healthshare Intersystems Corporation in Massachusetts and the founding CEO of Healthcare Information Exchange New York. He is a alumnus of Albany College of Pharmacy and Health Sciences and Union Graduate College. Montepare was previously senior Vice President for sales, leading sales and relationship management functions at CDPHP. She's also worked for Group Health Incorporated, Kaiser Permanente and Community Health Plan. She is an alumna of Maria College and Rensselaer Polytechnic Institute.

MVP Health Care Names James Hynek as New Chief Financial Officer; Announces Earnings Results For the Year 2013

MVP Health Care has a new chief financial officer, James Hynek. Before taking the job at MVP, Hynek worked in the insurance industry for more than 22 years, including his most recent stops as an administrator for health care companies in Pennsylvania and Delaware. Hynek will be replacing Mark Fish, who left MVP in 2013 after serving as CFO. Hynek is part of the leadership transition at MVP since 2013, when Denise Gonick became CEO and president of the company. The company announced earnings results for the year 2013. For the period the company reported that revenue declined from $2.7 billion to $2.5 billion, a 7% decrease. The company also reported a loss of $13.6 million on its revenue for the year.

Attorney General Eric T. Schneiderman Announces Settlement with MVP Health Care, Inc

After an investigation uncovered widespread violations of mental health parity laws, Attorney General Eric T. Schneiderman announced a settlement with MVP Health Care, requiring the health insurer to reform its behavioral health claims review process, cover residential treatment and charge the lower primary care co-payment for outpatient visits to most mental health and substance abuse treatment providers. The settlement, the second against a health insurer so far this year enforcing the parity laws, also requires the health insurance plan which has more than 500,000 members in the Albany region, Central New York and the Hudson Valley to submit previously denied mental health and substance abuse treatment claims for independent review, which could result in more than $6 million being returned to its members. An investigation by the Attorney General's Health Care Bureau found that since at least 2011, MVP Health Care, through its behavioral health subcontractor, Value Options, issued 40% more denials of coverage in behavioral health cases than in medical cases. The agreement with MVP is the second reached by the Attorney General's office so far this year and stems from a broader, ongoing investigation into health insurance companies' compliance with mental health parity laws.

Similar Private Companies By Industry

Company Name Region
Mangrove Insurance Solutions, PCC United States
Anchorage Finance Sub Trust IV United States
The Charter Oak Fire Insurance Company, Inc. United States
Celtic Insurance Company United States
Programmed Life Insurance Co. United States

Recent Private Companies Transactions

No transactions available in the past 12 months.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
Bertelsmann AG Europe
Rush University United States
Greater Houston Partnership United States

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact MVP Health Care, Inc., please visit Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at