Overview
What is Health First Shared Services Inc?
Health First Shared Services Inc, also known as HFSS, is a nonprofit organization that provides support and services to enhance the patient care experience at Health First's hospitals in Brevard County, Florida. Their primary goal is to coordinate patient care services, offer enhanced clinical, marketing, planning, financial, and organizational expertise, and ensure the network's collective provision of required healthcare services. HFSS has implemented various advanced clinical care services like virtual visits, Phreesia, and Kyrus to make healthcare more accessible and convenient. Their initiatives, such as virtual visits and Phreesia's check-in system, have seen significant success during the COVID-19 pandemic. The organization is committed to providing quality, patient-centered healthcare, regardless of a person's ability to pay, and has a mission-driven focus on improving community health. In FY2022, Health First provided over $121 million in community benefits, including charity care for the uninsured and underinsured.
Official website here: www.hf.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Health First Shared Services Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting its high level of accountability and financial health. The charity's overall score is derived solely from its performance in the Accountability & Finance beacon, indicating a strong commitment to transparency and effective management of resources.
The organization boasts a majority of independent board members, with 85% of its board being independent, which contributes to robust governance. Additionally, it has implemented comprehensive financial oversight measures, evidenced by its audit and oversight committee and adherence to various policies that reinforce ethical management practices. With a program expense ratio of nearly 82%, Health First ensures that a significant portion of its funding directly supports its programs and initiatives.
While the organization has a strong financial standing, potential donors may want to continue to monitor its performance and impact over time. Overall, Health First Shared Services Inc stands out for its commitment to accountability and financial integrity, making it a reliable choice for those looking to support healthcare initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Health First Shared Services Inc legitimate?
Health First Shared Services Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Health First Shared Services 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: $10,744,371
Professional Fundraising Fees: $0
Other Salaries and Wages: $90,103,711
For more financial information, click here
Official website here: www.hf.org
What is the mission statement of Health First Shared Services Inc?
Health First Shared Services Inc is dedicated to improving the wellness and health of individuals and their families by providing excellent and compassionate healthcare services. The organization supports its affiliated healthcare entities by coordinating patient care services, enhancing clinical, marketing, planning, financial, and organizational services, and ensuring community health planning. One of their key initiatives is the implementation of virtual visits, which enable thousands of patients to receive healthcare from the comfort of their homes. They have also partnered with companies like Phreesia to modernize patient intake processes and offer an enterprise-wide platform for their online provider directory, Kyrus, to streamline access to their network and enhance the customer experience. As a not-for-profit healthcare network, they are committed to providing services regardless of a person's ability to pay, and their community benefits totaled over $121 million in FY2022.
Official website here: www.hf.org
Who is the CEO of Health First Shared Services Inc?
Taylor K Smith is the Chair of Health First Shared Services Inc. The CEO's salary of Health First Shared Services Inc is $731,660 and their total compensation is $760,477.
Official website here: www.hf.org
What is the revenue of Health First Shared Services Inc?
Health First Shared Services Inc's revenue in 2022 was $291,100,092.
Official website here: www.hf.org
Who are the executives of Health First Shared Services Inc and what are their salaries?
The average compensation at Health First Shared Services Inc during 2022 was $9,356. There are 10779 employees and 12 volunteers at Health First Shared Services Inc.
Here are 34 key members and their salaries (Health First Shared Services Inc's CEO's salary is $731,660 and their total compensation is $760,477):
- Compensation: $3,705,202
- Related: $0
- Other: $23,656
- Compensation: $719,017
- Related: $0
- Other: $35,351
- Compensation: $39,045
- Related: $0
- Other: $0
- Compensation: $30,474
- Related: $0
- Other: $0
- Compensation: $18,000
- Related: $0
- Other: $0
- Compensation: $13,234
- Related: $0
- Other: $0
- Compensation: $7,805
- Related: $0
- Other: $0
- Compensation: $7,206
- 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
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $1,317,087
- Related: $0
- Other: $30,353
- Compensation: $1,083,940
- Related: $0
- Other: $19,803
- Compensation: $767,853
- Related: $0
- Other: $26,067
- Compensation: $917,029
- Related: $0
- Other: $24,981
- Compensation: $915,880
- Related: $0
- Other: $13,147
- Compensation: $831,117
- Related: $0
- Other: $30,353
- Compensation: $846,957
- Related: $0
- Other: $23,145
- Compensation: $758,491
- Related: $0
- Other: $26,780
- Compensation: $737,359
- Related: $0
- Other: $25,968
- Compensation: $731,660
- Related: $0
- Other: $28,817
- Compensation: $623,788
- Related: $0
- Other: $27,603
- Compensation: $1,021,794
- Related: $0
- Other: $15,180
- Compensation: $697,169
- Related: $0
- Other: $0
- Compensation: $406,785
- Related: $0
- Other: $0
- Compensation: $170,086
- Related: $0
- Other: $0
- Compensation: $30,537
- Related: $0
- Other: $0
- Compensation: $13,884
- Related: $0
- Other: $0
- Compensation: $13,303
- Related: $0
- Other: $0
- Compensation: $12,617
- Related: $0
- Other: $0
- Compensation: $532,448
- Related: $0
- Other: $0
Official website here: www.hf.org
Where can I find the form 990 for Health First Shared Services Inc?
Health First Shared Services Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.hf.org
Learn more at the official website: www.hf.org
Mission Statement of Health First Shared Services Inc
Health First Shared Services Inc, a not-for-profit organization, is dedicated to improving the wellness and health of individuals and families through excellent and compassionate healthcare services. The primary purpose of this team is to provide support and services that enable the integrated delivery network to offer exceptional patient care across various Health First entities, including hospitals and hospice.
Specifically, Health First Shared Services enhances patient care by coordinating services to reduce resource duplication and increase cost-efficiency. They also offer enhanced clinical, marketing, planning, financial, and organizational services and expertise. Additionally, they engage in community health planning to ensure that all Health First entities provide the required healthcare services to meet the needs of Brevard County residents.
The organization has made significant strides in the realm of virtual healthcare, implementing tools such as virtual visits, allowing thousands of people to receive healthcare from the comfort of their homes. During the COVID-19 pandemic, virtual visits became a necessity rather than a luxury, and Health First has seen a tremendous response from patients. They have expanded their virtual visit services to include well care visits, chronic disease management, acute visits, and specialist care. In 2022, there were 62,102 virtual visit patients who were seen by Health First providers.
Health First has also modernized their patient intake process by partnering with Phreesia, a company providing automated registration tools. Phreesia offers a comprehensive check-in experience for patients, allowing them to check in on their own mobile device both before and during their appointment, make payments prior to their appointment, and wait in their vehicle until they receive a message on their mobile device for their appointment time. This increased convenience and efficiency for patients.
Furthermore, Health First offers an enterprise-wide platform for their online provider directory named Kyrus. The improved directory streamlines the online medical staff provider directory, making it easier for customers to access and enhancing the overall customer experience. With the Health First directory, customers can search using keywords, acronyms, and filters, ensuring they find the most appropriate provider for their needs.
As a mission-driven organization, Health First is committed to improving the health of their community and providing services regardless of a person's ability to pay. In FY2022, Health First's dedication to high-quality, patient-centered healthcare totaled over $121 million in community benefits. This included over $56 million in charity care provided as a safety net for those who were uninsured or unable to pay for healthcare services and weren't eligible for public/government programs. Every three years, Health First conducts a community health needs assessment and addresses health disparities based on the most recent report. In Brevard County, recommendations were made to address health disparities in nutrition, physical activity, and weight, and access to healthcare.
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Impact
October, 2024
Health First Shared Services Inc plays a vital role in enhancing the quality and accessibility of healthcare in Brevard County through its support and services across several healthcare facilities. By streamlining operations and integrating services, HFSS significantly reduces resource duplication, optimizing patient care efficiency. Their strategic planning and management support ensure that affiliated organizations deliver exceptional care while responding to the community's evolving healthcare needs.
The organization's implementation of advanced healthcare technologies, such as virtual visits, has transformed patient access, making medical care more convenient and effective. During the COVID-19 pandemic, Health First rapidly adapted to provide virtual healthcare services, resulting in over 62,000 virtual visits in 2022, which demonstrate their commitment to maintaining quality healthcare amidst challenges.
Health First also prioritizes patient experience through innovations like Phreesia, which modernizes patient intake with mobile check-in options, significantly reducing wait times and enhancing convenience for patients. Meanwhile, their improved online provider directory through Kyruus fosters better access to medical services, allowing patients to easily find the right care.
In addition to enhancing healthcare delivery, Health First is deeply committed to community welfare, evidenced by significant investments in charity care that provide a safety net for the uninsured and those unable to pay. Their ongoing community health needs assessments ensure that their strategies remain aligned with local health priorities, addressing disparities in nutrition, physical activity, and access to healthcare.
Overall, Health First Shared Services Inc's integrated approach not only improves individual patient outcomes but also strengthens the overall health landscape of the community, reflecting their mission to enhance wellness and health for all residents.
This information is meant to be a general summary of Health First Shared Services 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: $38,852,565
- Program Service Revenue: $251,111,415
- Gross Receipts: $591,214,194
Assets and Liabilities:
- Total Assets: $1,587,486,387
- Total Liabilities: $433,617,771
- Net Assets: $1,153,868,616
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SUPPORT SERVICES
Revenue
$234,499,571
MSO LEASE REVENUE
Revenue
$10,301,627
RELATED COMPANY RENT
Revenue
$6,310,217
Organization Details
Founding Year
1995
Phone
(321) 434-5150Principal Officer
Taylor K Smith
Main Address
3300 FISKE BLVD, ROCKLEDGE, FL, 329554306
Website
www.hf.orgNTEE Category
Code: E21 - Health
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