Overview
What is Colorado Regional Health Information Organization?
Colorado Regional Health Information Organization (CORHIO) is a nonprofit organization situated in Denver, Colorado. With a team of 102 individuals, its primary mission is to facilitate health information exchange, aiming to enhance healthcare for all Coloradans. Through the development, implementation, and support of secure systems, CORHIO enables the sharing of clinical information, such as clinical messaging, results delivery, and longitudinal clinical data. This exchange is expected to enhance timeliness and accuracy of health data, streamline workflows, and eliminate redundant services. The organization's operations are primarily funded through a mix of state and private contracts, with ongoing subscription fees covering post-implementation expenses. In essence, CORHIO empowers people, providers, and communities by providing them with the necessary health information to improve overall health outcomes.
Official website here: www.corhio.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
The Colorado Regional Health Information Organization has received an impressive Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. This high score indicates that the organization effectively manages its resources and adheres to best practices in governance, ensuring transparency and trustworthiness in its operations.
Strengths of the organization include a fully independent board with a majority of independent members, as well as robust financial oversight mechanisms. The organization scored full points in various categories such as conflict of interest policy and whistleblower policy, demonstrating a commitment to ethical practices and accountability. Additionally, the program expense ratio is notably high, indicating that a significant portion of its funds directly supports its programs.
While the overall rating is commendable, it is important for potential supporters to consider the organization's specific focus and initiatives within the health information sector. However, there are no significant limitations or concerns noted in the data, which reinforces a positive outlook on its operational integrity and effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Colorado Regional Health Information Organization legitimate?
Colorado Regional Health Information Organization is a legitimate nonprofit organization registered as a 501(c)(3) entity. Colorado Regional Health Information Organization 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: $2,788,450
For more financial information, click here
Official website here: www.corhio.org
What is the mission statement of Colorado Regional Health Information Organization?
The Colorado Regional Health Information Organization (CORHIO) is committed to empowering individuals, healthcare providers, and communities by providing them with the necessary health information. This organization's mission is to facilitate health information exchange, aiming to improve healthcare for all Coloradans. CORHIO accomplishes this by developing and implementing Health Information Exchange (HIE) systems, which include secure systems for sharing clinical information. These services encompass clinical messaging, result delivery, longitudinal clinical information, and patient event notification, aiming to enhance the timeliness and accuracy of health data, streamline workflows, and eliminate redundant services. CORHIO primarily covers the costs of HIE development and implementation through a mix of state and private contracts. Once implementation is completed, ongoing subscription fees are used to cover HIE operation expenses, including both personnel and vendor costs.
Official website here: www.corhio.org
Who is the CEO of Colorado Regional Health Information Organization?
Tim Dunbar is the Ceo And Treasurer of Colorado Regional Health Information Organization. The CEO's salary of Colorado Regional Health Information Organization is $0 and their total compensation is $0.
Official website here: www.corhio.org
What is the revenue of Colorado Regional Health Information Organization?
Colorado Regional Health Information Organization's revenue in 2021 was $5,898,619.
Official website here: www.corhio.org
Who are the executives of Colorado Regional Health Information Organization and what are their salaries?
The average compensation at Colorado Regional Health Information Organization during 2021 was $27,338. There are 102 employees at Colorado Regional Health Information Organization.
Here are 3 key members and their salaries (Colorado Regional Health Information Organization's CEO's salary is $0 and their total compensation is $0):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.corhio.org
Where can I find the form 990 for Colorado Regional Health Information Organization?
Colorado Regional Health Information Organization's most recent form 990 was submitted in 2021 and can be accessed here.
Official website here: www.corhio.org
Learn more at the official website: www.corhio.org
Mission Statement of Colorado Regional Health Information Organization
Colorado Regional Health Information Organization, commonly referred to as CORHIO, is dedicated to facilitating the exchange of health information with the aim of enhancing care for all Colorado residents. By empowering individuals, healthcare providers, and communities, CORHIO provides them with the necessary information to improve health outcomes.
At the core of CORHIO's activities is the development and implementation of Health Information Exchange (HIE). This involves setting up secure systems to share clinical information, such as clinical messaging, results delivery, longitudinal clinical information, and patient event notification. The primary objective of these services is to ensure timeliness and accuracy of health data, streamline workflow, and eliminate redundant services. CORHIO's HIE development and implementation expenses are primarily covered through a mix of state and private contracts. Once the implementation is complete, ongoing operational expenses, including both personnel and vendor costs, are covered through subscription fees.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
The Colorado Regional Health Information Organization plays a critical role in enhancing healthcare delivery across the state by facilitating health information exchange (HIE). By developing and implementing systems and processes that allow secure sharing of clinical information, CORHIO significantly improves the timeliness and accuracy of health data. This ensures that healthcare providers have access to comprehensive, longitudinal clinical information at the point of care, which is essential for informed decision-making.
Furthermore, CORHIO's services, including clinical messaging, results delivery, and patient event notifications, streamline workflows and reduce redundant services among healthcare providers. This not only helps in improving care outcomes for patients but also supports the overall efficiency of health systems in Colorado. By empowering individuals, providers, and communities with vital health information, CORHIO contributes to a more coordinated and effective healthcare environment, ultimately benefiting all Coloradans.
This information is meant to be a general summary of Colorado Regional Health Information Organization. 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 2021.
- Investment Income: $110
- Program Service Revenue: $5,898,509
- Gross Receipts: $5,898,619
Assets and Liabilities:
- Total Assets: $17,521,813
- Total Liabilities: $3,967,889
- Net Assets: $13,553,924
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PRIVATE AND STATE CONT
Revenue
$4,010,561
SUBSCRIPTION FEES
Revenue
$1,887,948
Organization Details
Founding Year
2007
Phone
(720) 285-3200Principal Officer
Tim Dunbar
Main Address
4500 CHERRY CREEK S DRIVE SUITE 8, DENVER, CO, 80246
Website
www.corhio.orgNTEE Category
Code: W050 - Public benefit
If you are a representative of Colorado Regional Health Information Organization and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.