HealthWell Foundation Publishes Preliminary 2024 Operating Results

Year in Review Celebrates 1 Million Patients Assisted

GERMANTOWN, Md., April 3, 2025 /PRNewswire/ -- The HealthWell Foundation^®, a nationally recognized independent non-profit organization that offers a financial lifeline to underinsured Americans who struggle to afford critical medical treatments, has published its 2024 Year in Review. The preliminary results of its 2024 operations celebrate the Foundation's milestone of assisting 1 million patients since awarding its first grant in 2004.

"2024 was a year of tremendous growth for the HealthWell Foundation," said Michael S. Heimall, FACHE, President & Chief Executive Officer, HealthWell Foundation. "From expanding our programs and services to achieving the milestone of assisting our one millionth patient, we are understandably proud of our enduring success serving the nation's underinsured."

Since its inception, HealthWell has provided more than $4.8 billion* in financial support to over 1,110,000* underinsured patients through more than 1.8 million* grants. Highlights from 2024 operations include:

• Receiving record individual and corporate contributions of $885+ million*.
   
• Awarding over $1.23 billion* in medication copayment and insurance premium assistance through more than 311,000* grants to over 291,700* underinsured patients.
   
• Ranking #24 on the Forbes' list of America's Top 100 Charities.
   
• Launching or re-opening 20 funds, including new funds to assist patients with Chronic Obstructive Pulmonary Disease (COPD), Metabolic Dysfunction-Associated Steatohepatitis (MASH), General Travel costs, and a Vitamins and Supplements Fund to help patients living with Inborn Metabolic or Genetic Bile Acid Deficiency.
   
• Introducing new tools including a mobile app for patients and a chatbot that gives patients, providers, and pharmacies an immediate way to engage with HealthWell.
   
• Welcoming 49 new employees across our Corporate and Contact Center teams.
   
• Assisting over 40,500 callers each month.

"Our ability to serve patients to the extent we did in 2024 is a direct result of the generosity and trust of our corporate and individual donors," said Heimall. "Our dedication to ethical excellence sets us apart from other charitable patient assistance programs. It is one of the reasons we can continue to help so many living with chronic or life-altering illnesses, decade after decade."

The full version of HealthWell's 2024 Year in Review can be viewed and downloaded here. To learn more about HealthWell programs and our robust portfolio of disease funds, visit HealthWellFoundation.org.

About the HealthWell Foundation
A nationally recognized, independent non-profit organization founded in 2003 and a resource to the White House Cancer Moonshot Initiative, the HealthWell Foundation has served as a safety net across over 90 disease areas for more than 1.1 million underinsured patients. Since its inception, HealthWell has provided over $4.8 billion in financial support through more than 1.8 million grants to access life-changing medical treatments patients otherwise would not be able to afford. HealthWell provides financial assistance to adults and children facing medical hardship resulting from gaps in their insurance that cause out-of-pocket medical expenses to escalate rapidly; HealthWell assists with the treatment-related cost-sharing obligations of these patients. HealthWell ranked 24th on the 2024 Forbes list of America's Top 100 Charities and was recognized for its 100 percent fundraising efficiency. For more information, visit HealthWellFoundation.org.

CONTACT:  
Ginny Dunn
240-632-5309
[email protected]

*Unaudited. HealthWell's 2024 financials are currently being finalized and audited and will be available in the Foundation's Form 990 to be posted in the third quarter of 2025.

SOURCE HealthWell Foundation