Overview
What is Johns Hopkins Pharmaquip Inc?
Johns Hopkins Pharmaquip Inc, located at 3910 Keswick Rd S Bldg 4300A in Baltimore, Maryland, is a nonprofit organization that specializes in outpatient medication services. Coordinated by pharmacy specialists, the organization works closely with physicians and other healthcare providers at Johns Hopkins Institutions. Their services include patient counseling, insurance authorization assistance, and helping patients obtain discounted or free medications from manufacturers. Pharmaquip is part of the total home delivery system offered by the Johns Hopkins Home Care Group and its subsidiaries. By facilitating durable medical equipment and pharmacy services, the organization supports in-home patients and contributes to the community healthcare mission of the Johns Hopkins Health System and its affiliates. With a workforce of approximately 663 employees, Johns Hopkins Pharmaquip aims to enhance the healthcare experience for patients through effective medication management.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79% (Three-Star out of Four Stars)
Johns Hopkins Pharmaquip Inc has received a Three-Star rating from Charity Navigator, reflecting a solid performance in accountability and finance. The organization maintains a high level of transparency with 94% of its board members being independent, which is crucial for effective governance. Additionally, there have been no material diversions of assets, indicating a strong commitment to integrity in financial management.
The nonprofit demonstrates a strong commitment to financial health, with an impressive program expense ratio of 84.65%, meaning a significant portion of its funds is allocated directly to its programs. The organization also has well-established policies in place, such as conflict of interest and whistleblower policies, which enhance its operational framework and ensure accountability.
While the overall score is respectable, there may be areas for improvement as the organization seeks to elevate its rating further. Continuous monitoring of financial practices and community engagement could help Johns Hopkins Pharmaquip Inc strengthen its impact and reputation in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Johns Hopkins Pharmaquip Inc legitimate?
Johns Hopkins Pharmaquip Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Johns Hopkins Pharmaquip 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: $270,800
Professional Fundraising Fees: $0
Other Salaries and Wages: $41,426,602
For more financial information, click here
What is the mission statement of Johns Hopkins Pharmaquip Inc?
Johns Hopkins Pharmaquip Inc plays a crucial role in the home care delivery system of the Johns Hopkins Health System and its affiliates. Their mission is aligned with the community healthcare goals of the organization. The primary function of Johns Hopkins Pharmaquip Inc is to offer outpatient medication services to patients of Johns Hopkins Institutions. This coordinated effort between pharmacy specialists, physicians, and patient care providers ensures effective patient counseling and insurance assistance. The team aids in obtaining discounted or free medications from manufacturers for patients.
Who is the CEO of Johns Hopkins Pharmaquip Inc?
James Van Daniker is the President/Trustee of Johns Hopkins Pharmaquip Inc.
What is the revenue of Johns Hopkins Pharmaquip Inc?
Johns Hopkins Pharmaquip Inc's revenue in 2022 was $128,163,099.
Who are the executives of Johns Hopkins Pharmaquip Inc and what are their salaries?
The average compensation at Johns Hopkins Pharmaquip Inc during 2022 was $62,892. There are 663 employees at Johns Hopkins Pharmaquip Inc.
Here are 30 key members and their salaries:
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- Compensation: $204,670
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- Compensation: $202,314
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- Compensation: $195,855
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- Compensation: $184,176
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- Other: $20,746
- Compensation: $187,909
- Related: $0
- Other: $8,850
Where can I find the form 990 for Johns Hopkins Pharmaquip Inc?
Johns Hopkins Pharmaquip Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Johns Hopkins Pharmaquip Inc
Johns Hopkins Pharmaquip Inc plays a crucial role in the home care system provided by the Johns Hopkins Home Care Group and its subsidiaries. This organization is dedicated to supplying durable medical equipment and pharmacy services to support patients in their homes.
The mission of Johns Hopkins Pharmaquip, Inc. extends beyond just providing medical equipment and pharmacy services. It is an integral part of the community healthcare mission of the Johns Hopkins Health System and its healthcare affiliates. The primary focus of Pharmaquip's activities is the discharge pharmacy services, which coordinate outpatient medications for patients of Johns Hopkins Institutions. The team works closely with physicians and patient care providers to ensure the provision of appropriate medications and offers patient counseling to ensure proper usage. Furthermore, they assist patients in obtaining discounted or free medications from manufacturers through insurance authorization.
In summary, Johns Hopkins Pharmaquip, Inc. is a key component in the comprehensive home care system, offering durable medical equipment and pharmacy services tailored to the needs of patients. By providing these services, Pharmaquip not only supports the patients but also contributes to the larger mission of the Johns Hopkins Health System and its healthcare affiliates. The organization's role in patient care is vital, ensuring that patients receive the medications they need to manage their conditions effectively in the comfort of their own homes.
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Impact
October, 2024
Johns Hopkins Pharmaquip Inc provides essential durable medical equipment and pharmacy services that significantly enhance the quality of care for patients managing their health at home. By facilitating outpatient medications, the organization ensures a coordinated approach among pharmacy specialists, physicians, and other healthcare providers, which contributes to better patient outcomes and streamlined care transitions.
The discharge pharmacy services offered by Johns Hopkins Pharmaquip Inc not only include patient counseling but also insurance authorization assistance. This support alleviates barriers that patients may face, helping them access necessary medications, often at reduced or no cost, thereby improving adherence to treatment plans.
Operating within the broader framework of the Johns Hopkins Home Care Group, Inc., Pharmaquip plays a vital role in the community healthcare mission of the Johns Hopkins Health System. Its commitment to supporting in-home patients reflects an understanding of the need for integrated healthcare solutions that empower individuals and relieve the burden on acute care facilities. This impact ultimately supports better health management and contributes to overall public health outcomes in the Baltimore area and beyond.
This information is meant to be a general summary of Johns Hopkins Pharmaquip 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: $116,292,727
- Gross Receipts: $128,163,099
Assets and Liabilities:
- Total Assets: $73,348,535
- Total Liabilities: $14,518,454
- Net Assets: $58,830,081
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
NET PATIENT SRVS
Revenue
$72,026,679
MANAGEMENT SERVICE
Revenue
$44,266,048
Organization Details
Founding Year
1986
Phone
(443) 997-5724Principal Officer
James Van Daniker
Main Address
3910 KESWICK RD S BLDG 4300A, BALTIMORE, MD, 21211
NTEE Category
Code: E50Z - Health
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