Overview
What is Healthix Inc?
Healthix Inc is a New York-based nonprofit organization dedicated to improving healthcare information exchange and integration across multiple healthcare organizations. Their mission aligns with New York State and Federal Strategic Health Information Technology (HIT) plans, aiming to enhance access to patient data at the point of care, improve healthcare quality, and reduce inappropriate utilization and costs. The organization has a team of professionals, including business developers, compliance specialists, project managers, customer experience managers, developers, engineers, and information security experts. In 2022, they completed over 500 projects, involving the development of new services for health insurance plans, data submission and exchange, and social determinants of health (SDOH) data analysis. Their work has contributed significantly to various initiatives, including disease surveillance and epidemiology, COVID-19 data registry, and SDOH data integration projects. The nonprofit recorded over $108 million in revenue throughout the year.
Official website here: www.healthix.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% - Four-Star out of Four Stars
Healthix Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting strong accountability and financial health. The charity's overall score is based entirely on its accountability and finance metrics, showcasing a commitment to organizational transparency and responsible management of resources.
The organization excels in various areas, including having a completely independent board and robust policies in place for financial oversight and conflict management. Specific highlights include a perfect score in board independence, financial statements review, and a solid program expense ratio, indicating a significant portion of funds are directed towards their mission-driven activities.
However, it's worth noting that Healthix Inc received a low score for fundraising efficiency, which may suggest challenges in raising funds cost-effectively. Despite this limitation, the strong financial ratios and prudent governance practices underscore the nonprofit's overall stability and integrity in handling donations.
This AI summary has been generated from information found on Charity Navigator.
Is Healthix Inc legitimate?
Healthix Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Healthix 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: $2,669,313
Professional Fundraising Fees: $0
Other Salaries and Wages: $7,236,256
For more financial information, click here
Official website here: www.healthix.org
What is the mission statement of Healthix Inc?
Healthix Inc's mission is to establish a viable and enduring model for integrating clinical information among various healthcare organizations. By doing so, they aim to support both New York State and federal Strategic Health Information Technology (HIT) plans, enhancing patient data accessibility at the care point, improving healthcare quality, and reducing unnecessary utilization and costs. This model enables seamless information exchange between healthcare providers, ultimately benefiting patient care and overall healthcare system efficiency.
Official website here: www.healthix.org
Who is the CEO of Healthix Inc?
Todd M Rogow is the President & Ceo of Healthix Inc. The CEO's salary of Healthix Inc is $488,616 and their total compensation is $592,626.
Official website here: www.healthix.org
What is the revenue of Healthix Inc?
Healthix Inc's revenue in 2022 was $20,930,804.
Official website here: www.healthix.org
Who are the executives of Healthix Inc and what are their salaries?
The average compensation at Healthix Inc during 2022 was $108,852. There are 91 employees and 21 volunteers at Healthix Inc.
Here are 34 key members and their salaries (Healthix Inc's CEO's salary is $488,616 and their total compensation is $592,626):
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- Compensation: $488,616
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- Compensation: $299,616
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- Other: $30,090
Official website here: www.healthix.org
Where can I find the form 990 for Healthix Inc?
Healthix Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.healthix.org
Learn more at the official website: www.healthix.org
Mission Statement of Healthix Inc
Healthix Inc, a pioneering organization, aims to establish a viable, enduring, and replicable model for integrating clinical information across various healthcare organizations. This innovative approach supports New York State and Federal Strategic Health Information Technology (HIT) plans, with the objective of improving patient data access at the point of care. By seamlessly connecting healthcare entities, Healthix Inc enables healthcare professionals to access essential patient information, thereby enhancing the quality of care delivered. Additionally, this integration reduces inappropriate utilization and associated costs, leading to more efficient and effective healthcare services.
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Impact
October, 2024
Healthix Inc. plays a transformative role in the landscape of health information technology by integrating clinical information across multiple healthcare organizations. Its mission is centered on enhancing the accessibility of patient data at the point of care, improving healthcare quality, and reducing unnecessary costs and utilization.
Through its initiatives, Healthix has successfully connected various healthcare entities, thereby facilitating better care coordination. This integration is crucial for organizations participating in Healthix, as it allows them to develop tailored products and services aimed at elevating patient care standards. In 2022 alone, Healthix completed 510 projects, which included a significant number of customer projects designed to enhance service delivery and health outcomes.
A key aspect of Healthix's impact is its collaboration with health insurance plans to implement new services. These services not only improve care quality but also support health plans in achieving better ratings from the Centers for Medicare and Medicaid Services, which can lead to higher reimbursement rates. Additionally, by establishing a fee structure for these services, Healthix bolsters its sustainability, ensuring ongoing investments in staff and infrastructure.
Healthix also engages in vital public health initiatives, such as developing functionalities for the New York City Department of Health and Mental Hygiene, which enhances disease surveillance capabilities. The COVID-19 registry and other projects related to social determinants of health highlight Healthix's commitment to addressing pressing health issues in vulnerable populations, particularly in areas like the Bronx where targeted care is essential.
As a technology-driven entity, Healthix employs a dedicated workforce across various departments, including business development, compliance, project management, customer experience, and engineering. This structure allows for a comprehensive approach to health information sharing, ultimately benefiting healthcare providers and patients alike.
Overall, Healthix Inc. significantly impacts the healthcare ecosystem by promoting collaboration, enhancing data accessibility, and driving initiatives that improve health outcomes while ensuring efficient resource utilization.
This information is meant to be a general summary of Healthix 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: $3,459
- Program Service Revenue: $1,027,148
- Gross Receipts: $20,930,804
Assets and Liabilities:
- Total Assets: $25,869,695
- Total Liabilities: $5,397,765
- Net Assets: $20,471,930
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONTRACT REVENUE
Revenue
$1,027,148
Organization Details
Founding Year
2007
Phone
(877) 695-4749Principal Officer
Todd M Rogow
Main Address
462 SEVENTH AVENUE 8TH FLOOR, NEW YORK, NY, 10018
Website
www.healthix.orgNTEE Category
Code: W050 - Public benefit
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