Overview
What is Health Care Improvement Foundation?
The Health Care Improvement Foundation (HCIF) is an independent, nonprofit organization based in Philadelphia, Pennsylvania. Its primary mission is to drive high-value healthcare through collaborative initiatives and targeted quality improvement projects. Over the years, HCIF has funded numerous collaboratives addressing various quality and safety priorities with local hospitals, recognized as a national model in this field. One of its initiatives, Partnership for Patient Care (PPC), is a partnership between Independence Blue Cross and hospitals, aiming to make the Philadelphia region the safest in the country. HCIF organizes events like Safe Table and Safety Forum Workshops to enhance patient safety, Annual Leadership Summit for networking and best practice sharing, and Penn-J SOS for preventing opioid use among post-surgical patients. Additionally, HCIF supports hospitals in reducing healthcare disparities and promotes best practices in patient safety and quality through awards.
Official website here: www.hcifonline.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star Rating)
The Health Care Improvement Foundation has achieved a respectable Three-Star rating from Charity Navigator, indicating a solid performance in accountability and finance. The organization's independent board is fully comprised of independent members, which is a positive sign of governance, and it maintains strong oversight practices. The financial management is well-documented, with no reported material diversion of assets, reflecting a commitment to transparency.
Strengths of the organization include an excellent program expense ratio of 78.68%, which suggests that a significant portion of its funds are being directed towards its programs rather than administrative costs. Additionally, the charity has established various policies, such as a conflict of interest policy and a whistleblower policy, which further bolster its governance framework and ethical practices.
However, the organization does face some limitations, particularly with its liabilities to assets ratio at 83.81%, which raises concerns about its financial stability. While its overall accountability and transparency are commendable, addressing this issue may be vital for future sustainability and growth.
This AI summary has been generated from information found on Charity Navigator.
Is Health Care Improvement Foundation legitimate?
Health Care Improvement Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Health Care Improvement Foundation 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: $270,851
Professional Fundraising Fees: $0
Other Salaries and Wages: $781,057
For more financial information, click here
Official website here: www.hcifonline.org
What is the mission statement of Health Care Improvement Foundation?
The Health Care Improvement Foundation is an independent, nonprofit organization that drives high-value healthcare through stakeholder collaboration and targeted quality improvement initiatives. Its mission is to promote superior healthcare by fostering collaboration and shared learning. The foundation engages in various initiatives, such as the Partnership for Patient Care, Safe Table, Safety Forum Workshops, Annual Leadership Summit, Pennsylvania Urologic Regional Collaborative, Health Equity Data Strategy, HCIF Excellence in Healthcare Award, and Capital Blue Cross Leapfrog Value-Based Purchasing Program. These initiatives aim to advance patient safety, quality, and equity in healthcare delivery, while encouraging the exchange of best practices and innovations among healthcare providers.
Official website here: www.hcifonline.org
What is the revenue of Health Care Improvement Foundation?
Health Care Improvement Foundation's revenue in 2024 was $2,329,538.
Official website here: www.hcifonline.org
Who are the executives of Health Care Improvement Foundation and what are their salaries?
There 17 volunteers at Health Care Improvement Foundation.
Here are 20 key members and their salaries:
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Official website here: www.hcifonline.org
Where can I find the form 990 for Health Care Improvement Foundation?
Health Care Improvement Foundation's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.hcifonline.org
Learn more at the official website: www.hcifonline.org
Mission Statement of Health Care Improvement Foundation
The Health Care Improvement Foundation, an independent, nonprofit organization, is dedicated to driving high-value healthcare by fostering collaboration and implementing targeted quality improvement initiatives. Its mission is to promote superior healthcare outcomes through shared learning and collaborative efforts, working closely with various stakeholders in the healthcare sector. By leveraging partnerships and collective knowledge, the Foundation aims to improve the overall quality of care, ensuring that patients receive the best possible treatment. The Health Care Improvement Foundation's initiatives focus on various aspects of healthcare, such as patient safety, quality improvement, and data analysis, with a goal of making healthcare more efficient and effective.
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Impact
October, 2024
The Health Care Improvement Foundation (HCIF) significantly enhances the quality and safety of health care through collaborative initiatives and targeted quality improvement efforts. One of its hallmark programs, the Partnership for Patient Care (PPC), fosters a unique collaboration between Independence Blue Cross and regional hospitals, with the ambitious goal of establishing the safest healthcare region in the country. Over more than a decade, PPC has financed over 26 multi-year collaboratives that address critical quality and safety issues, demonstrating a commitment to shared success in patient outcomes.
Through platforms like Safe Table, HCIF brings together hospital quality and safety leaders to confidentially address patient safety events and explore effective solutions, a practice that aids in preventing reoccurrences of adverse events. Their Safety Forum Workshops empower frontline patient safety staff with knowledge on best practices and innovative approaches, significantly enhancing their skill set in reducing safety vulnerabilities.
Furthermore, HCIF’s annual Leadership Summit creates an essential forum for healthcare leaders to exchange ideas, showcase successful programs, and tackle pressing quality and safety priorities. The Pennsylvania Urologic Regional Collaborative (PURC) exemplifies HCIF's approach to advancing specific treatments, focusing on men with prostate cancer through data sharing and improvement efforts among urology practices.
HCIF also champions health equity through its Health Equity Data Strategy, which assists hospitals in addressing healthcare disparities by implementing effective data collection techniques. This commitment extends to recognizing excellence through awards that highlight innovative patient care practices in the region.
Programs like Capital Blue Cross Leapfrog Value-Based Purchasing Program and Penn-J SOS directly address ongoing issues such as performance in quality and safety, as well as the prevention of chronic opioid use among post-surgical patients. By bringing together surgical teams and patients, HCIF facilitates a collective approach to pain management education and opioid use disorder prevention.
Overall, the Health Care Improvement Foundation stands as a pivotal force in improving healthcare systems through collaboration, shared learning, and innovative initiatives aimed at elevating patient care standards across the Philadelphia region and beyond.
This information is meant to be a general summary of Health Care Improvement Foundation. 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 2024.
- Investment Income: $25,760
- Program Service Revenue: $1,545,722
- Gross Receipts: $2,336,599
Assets and Liabilities:
- Total Assets: $1,737,820
- Total Liabilities: $1,456,478
- Net Assets: $281,342
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SERVICE FEES
Revenue
$1,545,722
Organization Details
Founding Year
1980
Principal Officer
Wendy Nickel
Website
www.hcifonline.orgNTEE Category
Code: E32K - Health
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