Overview
What is Lown Institute Inc?
Lown Institute Inc, located in Needham, Massachusetts, is a nonprofit think tank dedicated to spearheading innovative ideas for a more equitable and compassionate healthcare system. Their primary focus is the annual publication of the Lown Institute Hospitals Index, which ranks U.S. hospitals based on three key metrics: outcomes, value, and equity. They utilize a wide range of data sources, including Medicare claims data, to assess and rank over 3,700 general acute care and critical access hospitals in the United States. With a small team of 11 employees, Lown Institute Inc works towards catalyzing a grassroots movement aimed at transforming healthcare systems and improving community health.
Official website here: www.lowninstitute.org
Is Lown Institute Inc legitimate?
Lown Institute Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lown Institute 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: $331,797
Professional Fundraising Fees: $0
Other Salaries and Wages: $915,698
For more financial information, click here
Official website here: www.lowninstitute.org
What is the mission statement of Lown Institute Inc?
The Lown Institute Inc, functioning as a think tank, aims to stimulate a grassroots movement that revolutionizes healthcare systems and enhances the health of communities. Their mission is to catalyze this transformation by generating bold ideas for a more equitable and caring healthcare system. As part of their activities, they publish an annual Lown Institute Hospitals Index, which evaluates the performance of U.S. hospitals across three main metrics: outcomes, value, and equity. This comprehensive index assesses over 3,700 general acute care and critical access hospitals in the United States, using data from various sources, including Medicare claims data from the CMS Virtual Research Data Center (VRDC).
Official website here: www.lowninstitute.org
Who is the CEO of Lown Institute Inc?
Vikas Saini Md is the President of Lown Institute Inc.
Official website here: www.lowninstitute.org
What is the revenue of Lown Institute Inc?
Lown Institute Inc's revenue in 2022 was $449,267.
Official website here: www.lowninstitute.org
Who are the executives of Lown Institute Inc and what are their salaries?
The average compensation at Lown Institute Inc during 2022 was $113,409. There are 11 employees and 250 volunteers at Lown Institute Inc.
Here are 12 key members and their salaries:
- Compensation: $307,500
- Related: $0
- Other: $24,349
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
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- Compensation: $132,500
- Related: $0
- Other: $5,300
- Compensation: $170,000
- Related: $0
- Other: $6,800
- Compensation: $132,500
- Related: $0
- Other: $11,781
- Compensation: $120,000
- Related: $0
- Other: $10,788
Official website here: www.lowninstitute.org
Where can I find the form 990 for Lown Institute Inc?
Lown Institute Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lowninstitute.org
Learn more at the official website: www.lowninstitute.org
Mission Statement of Lown Institute Inc
Lown Institute Inc, a renowned think tank, is dedicated to generating innovative ideas for a compassionate and equitable healthcare system. Their mission is to stimulate a grassroots movement that aims to reform healthcare systems and enhance the health of communities across the nation. By preparing, publishing, and disseminating an annual Lown Institute Hospitals Index, they are setting a precedent. This index is the first of its kind to assess the social responsibility of U.S. hospitals, ranking over 3,700 general acute care and critical access hospitals. The index evaluates hospitals based on three primary metrics: outcomes, value, and equity. This comprehensive assessment helps in identifying institutions that prioritize patient care, cost-effectiveness, and fairness, thereby contributing to a more equitable healthcare landscape.
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Impact
October, 2024
Lown Institute Inc significantly impacts the healthcare landscape by advocating for a just and caring health system. It achieves this primarily through the annual publication of the Lown Institute Hospitals Index, which is the first comprehensive ranking of U.S. hospitals that evaluates their social responsibility. This groundbreaking index assesses over 3,700 general acute care and critical access hospitals based on three critical metrics: outcomes, value, and equity.
By utilizing extensive Medicare claims data and other sources, the Lown Institute identifies and highlights hospitals that excel not just in clinical care but also in their contributions to the communities they serve. This focus on social responsibility prompts hospitals to prioritize patient-centered care and equity, ultimately pushing for improvements across the healthcare system.
Through its work, the Lown Institute catalyzes a grassroots movement aimed at transforming healthcare systems and enhancing community health. By fostering awareness and discussions surrounding hospital performance and social impact, the Institute encourages accountability among healthcare providers and advocates for better health outcomes for all individuals, particularly those from underserved populations.
This information is meant to be a general summary of Lown Institute 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: $189,245
- Program Service Revenue: $120,690
- Gross Receipts: $449,267
Assets and Liabilities:
- Total Assets: $5,965,367
- Total Liabilities: $95,300
- Net Assets: $5,870,067
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RESEARCH
Revenue
$120,690
Organization Details
Founding Year
1973
Phone
(617) 992-9322Principal Officer
Vikas Saini Md
Main Address
163 HIGHLAND AVE, NEEDHAM, MA, 02494
Website
www.lowninstitute.orgNTEE Category
Code: H99 - Medical research
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