Overview
What is International Consortium For Health Outcomes Measurement Inc?
The International Consortium for Health Outcomes Measurement Inc., located in Boston, Massachusetts, is a nonprofit organization dedicated to improving healthcare outcomes globally. Their primary mission is to establish a standard set of patient-centered outcome measures for various medical conditions. This consortium brings together patient, clinical, measurement, and research leaders to determine what matters most to patients and develop consensus-based measures. Currently, they have launched outcome measure sets for epilepsy in both pediatric and adult populations, as well as started the development of an Obesity Set. Regularly, they update and review their previously published sets to ensure their relevance in the clinical field. Their aim is to drive the adoption and reporting of these measures worldwide, ultimately unlocking the potential of value-based healthcare.
Official website here: www.ichom.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating)
The International Consortium For Health Outcomes Measurement Inc has received a "Needs Improvement" rating from Charity Navigator, with an overall score of 71%. The organization demonstrates strong governance practices, with a fully independent board and established policies for conflicts of interest and whistleblower protections. These aspects reflect a commitment to accountability within its operations.
Despite its strengths, the organization faces challenges in its financial management, particularly with a program expense ratio of 62.25%, which suggests that a significant portion of its expenses may not be directed towards its intended programs. Additionally, the working capital ratio of 0.21 years raises concerns about the organization's short-term financial health and sustainability.
While the nonprofit has effective fundraising efficiency, indicated by a low fundraising cost, its overall financial metrics highlight areas that require improvement. Addressing these issues will be crucial for enhancing its service delivery and ensuring continued support for its mission in health outcomes measurement.
This AI summary has been generated from information found on Charity Navigator.
Is International Consortium For Health Outcomes Measurement Inc legitimate?
International Consortium For Health Outcomes Measurement Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. International Consortium For Health Outcomes Measurement 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: $243,849
Professional Fundraising Fees: $0
Other Salaries and Wages: $366,336
For more financial information, click here
Official website here: www.ichom.org
What is the mission statement of International Consortium For Health Outcomes Measurement Inc?
The International Consortium for Health Outcomes Measurement Inc's mission is to unlock the potential of value-based healthcare globally. They aim to achieve this by defining global standard sets of patient-centered outcome measures for the most relevant medical conditions. These measures, which truly matter to patients, are then promoted for adoption and reporting worldwide. The organization facilitates the development of these sets through a collaborative process involving global patient, clinical, measurement, and research leaders. In 2023, ICHOM launched the ICHOM Pediatric and Adult Epilepsy Set of Patient-Centered Outcome Measures and began the development of an Obesity Set. Additionally, ICHOM updated previously published sets to maintain their relevance and functionality in the clinical space.
Official website here: www.ichom.org
Who is the CEO of International Consortium For Health Outcomes Measurement Inc?
Suzanne Gaunt is the President/Ceo (Thru 10/22) of International Consortium For Health Outcomes Measurement Inc. The CEO's salary of International Consortium For Health Outcomes Measurement Inc is $243,849 and their total compensation is $243,849.
Official website here: www.ichom.org
What is the revenue of International Consortium For Health Outcomes Measurement Inc?
International Consortium For Health Outcomes Measurement Inc's revenue in 2022 was $2,805,340.
Official website here: www.ichom.org
Who are the executives of International Consortium For Health Outcomes Measurement Inc and what are their salaries?
The average compensation at International Consortium For Health Outcomes Measurement Inc during 2022 was $55,471. There are 11 employees and 6 volunteers at International Consortium For Health Outcomes Measurement Inc.
Here are 10 key members and their salaries (International Consortium For Health Outcomes Measurement Inc's CEO's salary is $243,849 and their total compensation is $243,849):
- Compensation: $243,849
- Related: $0
- Other: $0
- Compensation: $164,999
- Related: $0
- Other: $0
- Compensation: $124,669
- Related: $0
- Other: $1,321
- Compensation: $113,216
- Related: $0
- Other: $1,321
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.ichom.org
Where can I find the form 990 for International Consortium For Health Outcomes Measurement Inc?
International Consortium For Health Outcomes Measurement Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ichom.org
Learn more at the official website: www.ichom.org
Mission Statement of International Consortium For Health Outcomes Measurement Inc
The International Consortium for Health Outcomes Measurement Inc, in its mission, aims to unlock the potential of value-based healthcare globally. This is achieved by defining a standard set of patient-centered outcome measures that truly matter for the most relevant medical conditions. By driving the adoption and reporting of these measures worldwide, the organization strives to ensure that healthcare providers focus on what truly matters to patients.
In simpler terms, the International Consortium for Health Outcomes Measurement Inc serves as a bridge between patients and healthcare providers. It convenes leading experts from various fields to identify the outcomes that truly matter to patients for various medical conditions. Once these outcomes are defined, the organization works towards worldwide adoption and reporting of these measures. This approach ensures that healthcare providers are accountable for delivering care that truly improves patients' lives.
In 2023, the International Consortium for Health Outcomes Measurement Inc launched the ICHOM Pediatric and Adult Epilepsy Set of Patient-Centered Outcome Measures, enabling the tracking of patient-centered outcomes in individuals living with epilepsy from infancy to adulthood. Additionally, the organization is currently working on the development of an Obesity Set, scheduled for completion in Q2 of the following year. Furthermore, the organization has been reviewing its previously published Oncology Sets to ensure they remain relevant and functional in the clinical space.
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
July, 2024
The International Consortium For Health Outcomes Measurement Inc is playing a crucial role in defining global standard sets of outcome measures that truly matter to patients for a variety of medical conditions. By convening a diverse group of global leaders, including patients, clinicians, researchers, and measurement experts, ICHOM is able to develop consensus-based measure sets that prioritize patient-centered outcomes.
One significant impact of ICHOM's work is the launch of the ICHOM Pediatric and Adult Epilepsy Set of Patient-Centered Outcome Measures in 2023. This set allows for the tracking of patient-centered outcomes in individuals living with epilepsy from infancy onwards. Additionally, ICHOM has initiated the development of an Obesity Set, demonstrating their commitment to addressing a wide range of medical conditions.
Furthermore, ICHOM's ongoing efforts to update previously published sets, such as the review of the Oncology Sets, ensures that the sets remain relevant and functional in clinical practice. By driving the adoption and reporting of these standardized outcome measures worldwide, ICHOM is contributing to the advancement of value-based healthcare and ultimately improving patient outcomes globally.
This information is meant to be a general summary of International Consortium For Health Outcomes Measurement 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.
- Program Service Revenue: $383,760
- Gross Receipts: $2,805,340
Assets and Liabilities:
- Total Assets: $608,780
- Total Liabilities: $93,396
- Net Assets: $515,384
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.
PROGRAM SERVICES
Revenue
$183,768
EVENT FEES
Revenue
$199,992
Organization Details
Founding Year
2012
Phone
(617) 714-3294Principal Officer
Suzanne Gaunt
Main Address
399 BOYLSTON STREET 6TH FLOOR, BOSTON, MA, 02116
Website
www.ichom.orgNTEE Category
Code: E70 - Health
If you are a representative of International Consortium For Health Outcomes Measurement Inc 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.