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Patient Services, Inc. Earns Eighth Consecutive 4- Star Rating from Charity Navigator

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(Midlothian, VA, December 2, 2015) – Patient Services, Inc.’s (PSI) sound fiscal management practices and commitment to accountability and transparency have earned it a 4-star rating from Charity Navigator, America’s largest independent charity evaluator. This is the eighth consecutive time that PSI has earned this top distinction.

 

Since 2002, using objective, data-driven analysis, Charity Navigator has awarded only the most fiscally responsible organizations a 4-star rating. In 2011, Charity Navigator added 17 metrics, focused on governance and ethical practices as well as measures of openness, to its ratings methodology.  These “Accountability & Transparency” metrics, which account for 50 percent of a charity’s overall rating, reveal which charities have “best practices” that minimize the chance of unethical activities and whether they freely share basic information about their organization with their donors and other stakeholders.

 

PSI’s coveted 4-star rating puts it in a very select group of high-performing charities,” according to Michael Thatcher, President and CEO of Charity Navigator. “Out of the thousands of nonprofits Charity Navigator evaluates, only one out of four earns 4 stars -- a rating that demands rigor, responsibility and commitment to openness.  Patient Services, Inc.’s supporters should feel much more confident that their hard-earned dollars are being used efficiently and responsibly when it acquires such a high rating.”

 

“It’s important our donors trust that we’re using our funding wisely in order to restore hope and health to chronically ill patients through premium and copayment support,” said Dana Kuhn, President and Founder of PSI.  “Our 4-star Charity Navigator rating demonstrates to our supporters that we take our fiduciary and governance responsibilities very seriously.”

 

PSI’s rating and other information about charitable giving are available free of charge on www.charitynavigator.org.   More-detailed information about Patient Services, Inc.’s rating is available to Charity Navigator site visitors who become registered users, another free service.

 

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