Overview
What is Physicians Organization At Children's Hospital Inc?
The Physicians Organization at Children's Hospital Inc, situated in Boston, Massachusetts, functions as a nonprofit entity that supports and coordinates the healthcare services provided by its affiliated member Foundations. The Organization sponsors health, dental, life, and disability benefit plans for these Foundations, with self-funded premiums based on member utilization. Any surplus or deficit generated at the end of each plan year influences the calculation of subsequent year's premiums. The mission of this organization is to enhance the operations of the Boston Children's Hospital and its affiliated Foundations by providing assistance in managed care contracts, quality management, and professional management services. The Physicians Organization at Children's Hospital Inc works closely with the Hospital and Foundations to develop an integrated child health system, fostering cost-effective and quality patient care.
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 66%, Two-Star out of Four Star Rating.
The Physicians Organization At Children's Hospital Inc. has received a Two-Star rating from Charity Navigator, indicating a moderate level of performance. The organization scores reasonably well in terms of program expenses, reflecting a strong commitment to utilizing most of its resources for its programs rather than administrative costs. However, it faces challenges related to governance, particularly in the areas of board independence and size, which could affect its accountability standards.
Limitations highlighted include a lack of independent board members and the absence of a website listing tax forms, which raises concerns about transparency. While the organization has effective policies in place, such as conflict of interest and whistleblower protections, the overall governance structure suggests potential risks in decision-making and oversight. This two-star rating serves as a signal for potential donors to consider these factors carefully.
This AI summary has been generated from information found on Charity Navigator.
Is Physicians Organization At Children's Hospital Inc legitimate?
Physicians Organization At Children's Hospital Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Physicians Organization At Children's Hospital Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Physicians Organization At Children's Hospital Inc?
The Physicians Organization at Children's Hospital Inc is established with the primary goal of promoting child health by managing the pediatric medical practice and associated health services delivered by its affiliated Foundations. The organization provides assistance in various professional management areas, including managed care contracts, quality management, patient safety, and risk management, to enhance the Foundations' operations. Working in collaboration with Boston Children's Hospital and its affiliated Foundations, the organization develops and coordinates an integrated child health system, focusing on cost-effective and quality patient care. The Physicians Organization negotiates and enters into agreements on behalf of its member Foundations with insurers, payors, managed care plans, and fringe benefit plans.
Who is the CEO of Physicians Organization At Children's Hospital Inc?
Richard Bachur Md is the President of Physicians Organization At Children's Hospital Inc.
What is the revenue of Physicians Organization At Children's Hospital Inc?
Physicians Organization At Children's Hospital Inc's revenue in 2022 was $86,699,876.
Who are the executives of Physicians Organization At Children's Hospital Inc and what are their salaries?
Here are 31 key members and their salaries:
- Compensation: $0
- Related: $1,552,989
- Other: $106,981
- Compensation: $0
- Related: $651,102
- Other: $93,008
- Compensation: $0
- Related: $877,782
- Other: $133,885
- Compensation: $0
- Related: $1,517,308
- Other: $73,441
- Compensation: $0
- Related: $1,929,996
- Other: $118,534
- Compensation: $0
- Related: $308,124
- Other: $85,007
- Compensation: $0
- Related: $557,949
- Other: $75,920
- Compensation: $0
- Related: $254,747
- Other: $71,284
- Compensation: $0
- Related: $1,400,345
- Other: $111,489
- Compensation: $0
- Related: $335,178
- Other: $68,396
- Compensation: $0
- Related: $1,310,906
- Other: $102,461
- Compensation: $0
- Related: $735,654
- Other: $137,070
- Compensation: $0
- Related: $1,104,748
- Other: $117,025
- Compensation: $0
- Related: $390,379
- Other: $50,855
- Compensation: $0
- Related: $530,428
- Other: $39,503
- Compensation: $0
- Related: $849,921
- Other: $54,292
- Compensation: $0
- Related: $504,624
- Other: $68,396
- Compensation: $0
- Related: $225,262
- Other: $64,421
- Compensation: $0
- Related: $1,027,412
- Other: $118,666
- Compensation: $0
- Related: $937,022
- Other: $89,510
- Compensation: $0
- Related: $351,630
- Other: $41,336
- Compensation: $0
- Related: $2,958,170
- Other: $51,633
- Compensation: $0
- Related: $977,615
- Other: $91,061
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $2,753,801
- Other: $104,479
- Compensation: $0
- Related: $1,152,711
- Other: $58,731
- Compensation: $0
- Related: $2,203,097
- Other: $110,244
- Compensation: $0
- Related: $472,955
- Other: $75,777
- Compensation: $0
- Related: $1,253,860
- Other: $69,705
- Compensation: $0
- Related: $517,974
- Other: $98,980
- Compensation: $0
- Related: $603,939
- Other: $72,572
Where can I find the form 990 for Physicians Organization At Children's Hospital Inc?
Physicians Organization At Children's Hospital Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Physicians Organization At Children's Hospital Inc
The Physicians Organization at Children's Hospital Inc is a mission-driven entity established to enhance the delivery of pediatric healthcare services. With a focus on collaboration, it works closely with Boston Children's Hospital and its affiliated Foundations. The organization's primary objective is to support these entities by offering expert assistance in managing care contracts, ensuring quality, and maintaining patient safety. By doing so, it enables the Foundations to provide cost-effective and high-quality patient care.
Operating under the umbrella of charitable purposes, the Physicians Organization at Children's Hospital Inc partners with the Hospital and the Foundations to develop and coordinate an integrated child health system. Its role extends beyond the Hospital, fostering a system that prioritizes efficient and effective pediatric healthcare. The organization's significant contribution is evident in its capacity to negotiate agreements with insurers, payors, managed care plans, and fringe benefit plans. By doing so, it secures favorable contracts for the Foundations, ensuring they can continue delivering exceptional care to their patients.
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Impact
October, 2024
Physicians Organization At Children's Hospital Inc significantly enhances pediatric healthcare by streamlining the coordination of medical practices and related services among its affiliated Foundations. By fostering collaboration, it ensures that the delivery of pediatric care is efficient and focused on quality.
The Organization plays a crucial role in managing risk-based contracts and quality management initiatives, which improve patient safety and healthcare outcomes. It establishes essential healthcare benefit plans—covering health, dental, life, and disability—which are tailored for the unique needs of its member Foundations. Through self-funded health and dental plans, it effectively manages costs and adapts to the fluctuating needs of plan members, ensuring that resources are allocated where they are most needed.
Furthermore, by negotiating agreements with insurers and managed care organizations, the Physicians Organization strengthens the financial viability of its Foundations. This comprehensive support system enables them to focus on their core mission of providing high-quality, cost-effective care to children, thereby contributing to the overall well-being of the pediatric population in Boston and beyond.
This information is meant to be a general summary of Physicians Organization At Children's Hospital Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $33,733
- Program Service Revenue: $69,944,738
- Gross Receipts: $86,699,876
Assets and Liabilities:
- Total Assets: $75,684,514
- Total Liabilities: $51,137,458
- Net Assets: $24,547,056
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Insurance premiums
Revenue
$34,888,671
Other service revenue
Revenue
$20,054,225
Membership dues
Revenue
$17,419,172
Patient service revenue
Revenue
-$2,417,330
Organization Details
Founding Year
1995
Phone
(617) 919-4078Principal Officer
Richard Bachur Md
Main Address
300 Longwood Avenue, Boston, MA, 02115
NTEE Category
Code: E83Z - Health
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