HealthWell Foundation Highlights Achievements in Preliminary 2024 Operating Report

HealthWell Foundation's Vision for Healthcare Support in 2024



In the ever-evolving landscape of healthcare, the HealthWell Foundation stands out as a beacon of hope for many Americans. The independent non-profit organization, founded in 2003, has dedicated itself to providing critical financial assistance to those who find themselves underinsured. On April 3, 2025, the Foundation released its preliminary operating results for 2024 and celebrated a monumental achievement: assisting 1 million patients since the launch of its first grant in 2004.

A Year of Remarkable Growth


2024 marked an exceptional period for the HealthWell Foundation, as emphasized by Michael S. Heimall, the President and CEO. "This year was not only about expanding our reach but also serving more patients than ever before. We are immensely proud to report our milestone of assisting one million patients over the years, a testament to our commitment to the underinsured population in the United States."

The stats shared in the 2024 Year in Review are impressive: the Foundation has now distributed over $4.8 billion in financial support through more than 1.8 million grants allocated to over 1,110,000 patients. This kind of impact tells a profound story of resilience and the urgent need for more resources in the healthcare sector.

Key Highlights from 2024


Several remarkable achievements were noted in the 2024 operations, including:

  • - Record individual and corporate contributions exceeding $885 million.
  • - A staggering $1.23 billion awarded in medication copayment and insurance premium assistance via over 311,000 grants to more than 291,700 patients.
  • - A prominent ranking of #24 on Forbes' list of America's Top 100 Charities, showcasing the Foundation's commitment to ethical excellence and fundraising efficiency.
  • - The launch or re-opening of 20 funds, earmarked to assist patients with various conditions, including Chronic Obstructive Pulmonary Disease (COPD) and General Travel costs.
  • - The introduction of new patient engagement tools, such as a mobile app and a chatbot designed to streamline communication and support.
  • - An increase of 49 new employees in the corporate and contact center teams, reflecting the Foundation’s growth and expanding capabilities.
  • - The ability to assist over 40,500 callers monthly, providing critical support to those most in need.

The Importance of Donor Support


Heimall acknowledges that the success the Foundation has experienced results from the generous support from both corporate and individual donors. He states, "Our ethical standards not only set us apart from other patient assistance programs but also ensure that we can maintain our efforts decade after decade, helping individuals facing chronic and life-altering illnesses."

Conclusion


The HealthWell Foundation continues to be a vital resource for underinsured individuals facing medical hardships. The successes reported in their preliminary 2024 operating results highlight not only the increasing need for such support but also the collective efforts of a community dedicated to ensuring access to necessary medical treatments. To explore HealthWell's programs further, visit HealthWell Foundation's website.

The forthcoming completion and auditing of HealthWell’s 2024 financials promise to provide even more data on how this non-profit continues to rise to the occasion, ensuring that nobody has to navigate their health journey alone.

For additional information or inquiries, you can contact Ginny Dunn at HealthWell Foundation via phone at 240-632-5309 or by email.

Topics Health)

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