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.
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.
Here are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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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.
Impact
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.
Thursday, August 15, 2024
The Physicians Organization at Children's Hospital Inc plays a crucial role in promoting health by coordinating pediatric medicine and related healthcare services provided by its affiliated member Foundations. The organization supports the Foundations by assisting in managed care and risk-based contracts, quality management, patient safety, and other professional management services that enhance their operations. In addition, the organization sponsors health, dental, life, and disability benefit plans for the member Foundations, thereby contributing to the well-being of the community served by Boston Children's Hospital. Through its efforts to develop and coordinate an integrated child health system, the organization helps foster cost-effective, quality patient care. By negotiating agreements with insurers, payors, managed care plans, and fringe benefit plans on behalf of its member Foundations, the Physicians Organization at Children's Hospital Inc has a tangible impact on improving access to healthcare and supporting the charitable purposes of the Hospital and its affiliated Foundations.
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.
- Assets and Liabilities:
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) 919-4078
Principal Officer
Richard Bachur Md
Main Address
300 Longwood Avenue, Boston, MA, 02115
NTEE Category
Code: E30 - Health
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