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Innovation Health Center

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 813647085 ✦ Raleigh, NC ✦ Designated as a 501(c)(3)

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Overview

What is Innovation Health Center?

Innovation Health Center, located in Raleigh, North Carolina, is a nonprofit organization dedicated to improving health care services for Medicaid beneficiaries and children. They collaborate with local, state, and national health care providers, leaders, policy-makers, and experts to develop innovative solutions and cost-effective strategies. The organization procures specialized metabolic formulas for Medicaid patients in North Carolina, ensuring personalized orders are followed with manufacturers and drop-shipped to patients' county health departments. In 2019, they initiated a pilot program focused on enhanced care coordination and complex care management for children with medical complexity in North Carolina. Despite some program delays in 2022 due to issues with funded entities, Innovation Health Center remains committed to its mission.

Is Innovation Health Center legitimate?

Innovation Health Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Innovation Health Center 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: $151,670
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Innovation Health Center?

The Innovation Health Center's mission is to collaborate with local, state, and national healthcare providers, leaders, policy-makers, and experts to create innovative solutions and strategies. Their primary objective is to provide cost-effective health services for Medicaid beneficiaries and children. The center actively works towards developing strategies that aim to improve healthcare delivery, focusing on Medicaid patients and children in particular. They procure special metabolic formulas for patients, following doctors' orders, and manage the distribution process. In 2019, Innovation Health Center initiated a pilot program focusing on enhanced care coordination and complex care management for children with medical complexity in North Carolina. However, in 2022, some of their programs experienced delays due to issues encountered by the funded entities.

Who is the CEO of Innovation Health Center?

Steven E Wegner Md Jd is the President of Innovation Health Center.

What is the revenue of Innovation Health Center?

Innovation Health Center's revenue in 2022 was $371,191.

Who are the executives of Innovation Health Center and what are their salaries?

There 4 volunteers at Innovation Health Center.


Here are 4 key members and their salaries:


Steven E Wegner Md Jd (President)
  • Compensation: $151,670
  • Related: $0
  • Other: $0
Alan D Stiles Md (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gregory L Adams Md (Secretry/Tre)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Bell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Innovation Health Center?

Innovation Health Center's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Innovation Health Center

Innovation Health Center, a notable organization, collaborates with local, state, and national healthcare providers, leaders, policy-makers, and experts to develop innovative solutions and strategies. Their primary aim is to provide cost-effective health services for Medicaid beneficiaries and children. This nonprofit actively works towards creating strategies that can improve the delivery of healthcare, focusing on the needs of the Medicaid population and children in particular. By collaborating with various stakeholders, Innovation Health Center strives to develop effective solutions that can cater to the unique needs of this demographic.

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Impact




October, 2024

Innovation Health Center (IHC) has made a significant impact on the healthcare landscape for Medicaid beneficiaries and children in North Carolina. By partnering with various healthcare providers, leaders, and policymakers, IHC develops innovative solutions that aim to deliver cost-effective health services.

One of the key services provided by IHC is the procurement and delivery of special metabolic formulas for Medicaid patients, ensuring that these essential nutritional resources are accessible to those in need. Orders are tailored to the specific requirements of each patient, facilitated through a streamlined process that involves partnerships with formula manufacturers and local health departments. This approach not only simplifies access for families but also enhances the overall care coordination for children with complex medical needs.

In 2019, IHC launched a pilot program focused on enhanced care coordination and complex care management, further solidifying its commitment to supporting children with significant health challenges. Although there were some delays in program administration in 2022, the organization's dedication to improving health outcomes remains unwavering. Overall, IHC's efforts contribute to a healthier population by ensuring that vulnerable communities receive the specialized care and resources they require.




This information is meant to be a general summary of Innovation Health Center. 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.

Revenue
$371,191 (2022)
Expenses
$408,255 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $190,453
  • Gross Receipts: $632,806

Assets and Liabilities:

  • Total Assets: $3,845,510
  • Total Liabilities: $10,654
  • Net Assets: $3,834,856

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Organization Details

Founding Year

2016

Principal Officer

Steven E Wegner Md Jd

Main Address

13200 STRICKLAND ROAD STE 114-319, RALEIGH, NC, 27613

NTEE Category

Code: E70 - Health

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