SERVICES, INC. EARNS
COVETED 4-STAR RATING FROM
(MIDLOTHIAN, VA, APRIL 6, 2017) – Patient Services, Inc.’s
financial health 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 ninth
consecutive time that Patient Service’s Inc. (PSI) has earned this top distinction. Only
1% of the charities Charity Navigator evaluates have received 9 consecutive
4-star evaluations, indicating that PSI outperforms most other charities in
Since 2002, using objective 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 operate in accordance with industry best
practices and whether they are open with their donors and stakeholders.
On June 1, 2016, Charity Navigator upgraded their methodology for rating
each charity’s’ financial health with CN 2.1. These enhancements further
substantiates the financial health of our four star charities.
4-star rating sets it apart from its peers and demonstrates its trustworthiness
to the public,” according to Michael Thatcher, President & CEO of Charity
Navigator. “Only a quarter of charities rated by Charity Navigator receive the
distinction of our 4-star rating. This adds Patient Services, Inc. to a preeminent
group of charities working to overcome our world’s most pressing challenges.
Based on its 4-star rating, people can trust that their donations are going to
a financially responsible and ethical charity when they decide to support PSI.”
important our donors trust that we’re using their donations wisely to help
chronically ill patients with unaffordable medical expenses,” said Dana Kuhn, Ph.D., PSI President.
“Our 4-star Charity Navigator rating demonstrates to our supporters our
good governance and financial accountability.” 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.
Navigator, www.charitynavigator.org, is the largest charity
evaluator in America and its website attracts more visitors than all other
charity rating groups combined. The organization helps guide intelligent giving
by evaluating the Financial Health and Accountability & Transparency of
more than 8,000 charities. Charity Navigator accepts no advertising or
donations from the organizations it evaluates, ensuring unbiased evaluations,
nor does it charge the public for this trusted data. As a result, Charity
Navigator, a 501 (c) (3) public charity itself, depends on support from
individuals, corporations and foundations that believe it provides a
much-needed service to America's charitable givers. Charity Navigator, can be
reached directly by telephone at (201) 818-1288, or by mail at 139 Harristown
Road, Suite 101, Glen Rock, N.J., 07452.
PSI is the "ground breaking"
501(c)(3) non-profit, charitable organization of its kind. Founded in
1989 by Dana Kuhn, Ph.D., the Midlothian, Virginia based company helps people
who live with specific chronic illnesses or conditions locate suitable health insurance
coverage and afford costly premiums and copayments. PSI restores
hope and health to those living with chronic illness.