Overview
What is Practice Transformation Institute?
The Practice Transformation Institute is a nonprofit organization that focuses on enhancing public health and improving healthcare delivery. By educating and training healthcare providers and associations, they aim to promote best practices and efficient techniques in healthcare service delivery. Their initiatives also include researching inequalities and inefficiencies in healthcare, identifying optimal practices, and developing educational resources for online use and various events. They conduct conferences, seminars, workshops, and continuing medical education courses to disseminate this knowledge, ultimately striving to improve overall health and medical care for the general population.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73% (Two-Star out of Four Star Rating)
The Practice Transformation Institute has received a Two-Star rating from Charity Navigator, indicating that while the organization demonstrates some commendable practices, there are areas that may need improvement. The accountability and finance score stands at 73%, reflecting solid governance metrics, including a fully independent board and a favorable liabilities to assets ratio of 5.75%. The organization excels in program expenses, with an impressive 99.22% of its budget allocated to programs.
Strengths of the Practice Transformation Institute include its high percentage of independent board members and a transparent process for documenting board meeting minutes. Additionally, the organization has no material diversion of assets, which further underscores its commitment to accountability. The salary of key personnel shows a reasonable distribution, with the president receiving no salary, which can be perceived positively in terms of prioritizing organizational mission over personal compensation.
However, despite these strengths, the overall rating suggests that stakeholders may want to consider the areas where the organization could enhance its performance. The Two-Star rating may indicate limitations in fundraising efficiency or program impact, which are not detailed in the summary but warrant attention for potential supporters and partners looking to engage with the institute.
This AI summary has been generated from information found on Charity Navigator.
Is Practice Transformation Institute legitimate?
Practice Transformation Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. Practice Transformation Institute 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: $233,922
Professional Fundraising Fees: $0
Other Salaries and Wages: $165,932
For more financial information, click here
What is the mission statement of Practice Transformation Institute?
The Practice Transformation Institute's mission is centered around improving public health and the quality of medical care. It achieves this by educating and training healthcare providers and associations on best practices for healthcare service delivery, efficiency, and wellness maintenance. The institute also researches and identifies inequalities and inefficiencies in healthcare delivery. Additionally, it seeks out and promotes best practices in healthcare delivery. To further its mission, the institute develops educational programming and materials for online use and events, and conducts conferences, seminars, workshops, and continuing medical education courses.
Who is the CEO of Practice Transformation Institute?
Ewa Matuszewski is the President of Practice Transformation Institute.
What is the revenue of Practice Transformation Institute?
Practice Transformation Institute's revenue in 2022 was $161,356.
Who are the executives of Practice Transformation Institute and what are their salaries?
The average compensation at Practice Transformation Institute during 2022 was $66,642. There are 6 employees at Practice Transformation Institute.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $168,443
- Related: $0
- Other: $0
- Compensation: $65,479
- Related: $0
- Other: $0
Where can I find the form 990 for Practice Transformation Institute?
Practice Transformation Institute's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Practice Transformation Institute
The Practice Transformation Institute, a nonprofit organization, is dedicated to enhancing public health and improving the quality of medical care. It achieves this goal by educating and training healthcare providers and associations on various aspects. Firstly, the Institute focuses on teaching best practices for delivering healthcare services, techniques to boost healthcare efficiency, and methods for maintaining wellness, managing obesity, and avoiding or managing chronic diseases such as diabetes.
Secondly, the Institute conducts research to identify inequalities and inefficiencies in healthcare delivery. This information is crucial in understanding the challenges faced by the healthcare system and finding ways to improve it. Thirdly, the Institute also researches and identifies best practices in healthcare delivery. By sharing these best practices, the Institute aims to promote a more effective and efficient healthcare system.
Furthermore, the Practice Transformation Institute develops educational programming and materials for use on the internet and at conferences, seminars, workshops, and continuing medical education courses. This enables a wider reach, allowing more healthcare providers to benefit from the Institute's knowledge and resources. Lastly, the Institute holds conferences, seminars, workshops, and continuing medical education courses. These events provide opportunities for healthcare providers to learn, network, and stay updated on the latest developments in healthcare delivery.
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Impact
October, 2024
The Practice Transformation Institute significantly enhances the quality of healthcare by educating and training healthcare providers and associations on best practices for delivering medical services. Their initiatives focus on improving the efficiency and effectiveness of healthcare delivery, ensuring that providers are equipped with the latest techniques to maintain wellness and manage chronic diseases like obesity and diabetes.
Through targeted research, the Institute identifies inequities and inefficiencies in healthcare systems, which informs their educational programming. This research not only helps in recognizing best practices but also directs ongoing efforts to improve healthcare accessibility and quality. Their comprehensive approach includes developing educational materials and hosting conferences, seminars, and workshops, which facilitate continuous learning among healthcare professionals.
By equipping providers with necessary knowledge and tools, the Practice Transformation Institute plays a crucial role in transforming healthcare practices, ultimately leading to better health outcomes for the general public.
This information is meant to be a general summary of Practice Transformation Institute. 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.
- Program Service Revenue: $161,356
- Gross Receipts: $161,356
Assets and Liabilities:
- Total Assets: $195,275
- Total Liabilities: $11,246
- Net Assets: $184,029
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE REVENUE
Revenue
$161,356
Organization Details
Phone
(248) 475-4701Principal Officer
Ewa Matuszewski
Main Address
4986 N ADAMS RD STE B, ROCHESTER HILLS, MI, 48306
NTEE Category
Code: B03 - Education
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