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Digital Therapeutics Alliance Incorporated

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

EIN: 823007597 ✦ Arlington, VA ✦ Designated as a 501(c)(6)

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Overview

What is Digital Therapeutics Alliance Incorporated?

Digital Therapeutics Alliance Incorporated, based in Arlington, Virginia, is a nonprofit organization with a mission to foster the growth and integration of digital therapeutics in the healthcare industry. Its primary goal is to provide a platform for stakeholders, including patients, healthcare providers, and payors, to collaborate and establish industry standards. By doing so, they aim to improve clinical outcomes and health economics. The alliance conducts scientific research, engages in thought leadership, and advocates for policies to support the development and utilization of clinically evaluated digital therapeutics. With a dedicated team of 13 employees, they strive to broaden understanding and adoption of these innovative solutions in patient care.


Official website here: www.dtxalliance.org

Is Digital Therapeutics Alliance Incorporated legitimate?

Digital Therapeutics Alliance Incorporated is a legitimate nonprofit organization registered as a 501(c)(6) entity. Digital Therapeutics Alliance Incorporated 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: $192,715
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,102,235

For more financial information, click here


Official website here: www.dtxalliance.org

What is the mission statement of Digital Therapeutics Alliance Incorporated?

The Digital Therapeutics Alliance Incorporated is committed to advancing the digital therapeutic (DTX) industry by serving as a dedicated platform for stakeholders. Their primary objectives include establishing industry frameworks and standards, enhancing patient care delivery, evaluating the value and impact of DTX solutions, supporting industry integration and utilization, guiding regulatory policies, promoting thought leadership, and conducting scientific research on clinical outcomes affecting the DTX industry. The organization's mission is to broaden the understanding, adoption, and integration of clinically evaluated digital therapeutics among patients, clinicians, payors, and policymakers through education, advocacy, and cross-industry collaboration. Alliance members work towards expanding access to high-quality, evidence-based digital therapeutics for patients, healthcare providers, and payors, aiming to improve clinical and health economic outcomes.


Official website here: www.dtxalliance.org

Who is the CEO of Digital Therapeutics Alliance Incorporated?

Andrew Molnar is the Ceo of Digital Therapeutics Alliance Incorporated. The CEO's salary of Digital Therapeutics Alliance Incorporated is $183,233 and their total compensation is $215,642.


Official website here: www.dtxalliance.org

What is the revenue of Digital Therapeutics Alliance Incorporated?

Digital Therapeutics Alliance Incorporated's revenue in 2022 was $1,868,302.


Official website here: www.dtxalliance.org

Who are the executives of Digital Therapeutics Alliance Incorporated and what are their salaries?

The average compensation at Digital Therapeutics Alliance Incorporated during 2022 was $99,612. There are 13 employees at Digital Therapeutics Alliance Incorporated.


Here are 11 key members and their salaries (Digital Therapeutics Alliance Incorporated's CEO's salary is $183,233 and their total compensation is $215,642):


Andrew Molnar (Ceo)
  • Compensation: $183,233
  • Related: $0
  • Other: $32,409
Jessica Hauflaire (Coo)
  • Compensation: $133,470
  • Related: $0
  • Other: $23,165
Hazel Nugent (Vp Of Busine)
  • Compensation: $137,059
  • Related: $0
  • Other: $11,875
Megan Coder (Chief Policy)
  • Compensation: $116,802
  • Related: $0
  • Other: $19,468
Everett Crosland (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Hames (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anand Iyer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eddie Martucci (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Owen Mccarthy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Debra Reisenthel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julia Strandberg (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.dtxalliance.org

Where can I find the form 990 for Digital Therapeutics Alliance Incorporated?

Digital Therapeutics Alliance Incorporated's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.dtxalliance.org

Learn more at the official website: www.dtxalliance.org

Mission Statement of Digital Therapeutics Alliance Incorporated

Digital Therapeutics Alliance Incorporated, or DTA, is committed to expanding the comprehension, acceptance, and integration of clinically evaluated digital therapeutics among patients, healthcare providers, payors, and policymakers. They achieve this mission through education, advocacy, and cross-industry collaboration. By doing so, DTA aims to broaden the understanding and utilization of these digital solutions, ultimately improving clinical and health economic outcomes for patients and healthcare providers. DTA serves as a dedicated forum for stakeholders in the digital therapeutic (DTX) industry, working together to establish industry frameworks and standards, enhance the delivery and quality of patient care, assess the value and impact of DTX solutions, and support the development and implementation of DTX regulatory policies.

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Impact




October, 2024

Digital Therapeutics Alliance Incorporated significantly influences the digital therapeutic (DTX) industry by providing a structured platform for various stakeholders to collaborate and enhance the quality of patient care. By establishing industry frameworks and standards, the Alliance plays a crucial role in shaping the landscape of DTX solutions.

One of its key impacts is in the assessment of the value and efficacy of digital therapeutics, helping to validate these solutions for broader adoption by patients, healthcare providers, and payors. The Alliance's efforts in guiding and supporting the integration of DTX solutions into existing healthcare systems ensure that these innovative therapies are effectively utilized, ultimately contributing to improved clinical and health economic outcomes.

Through engagement in thought leadership and the promotion of scientific research, the Alliance drives advancements in the understanding and implementation of clinically evaluated digital therapeutics. Its mission to enhance education and advocacy efforts facilitates the wider adoption of DTX, fostering collaboration among patients, clinicians, payors, and policymakers. This comprehensive approach aims to expand access to high-quality, evidence-based digital therapeutics, significantly benefiting healthcare outcomes and the overall healthcare ecosystem.




This information is meant to be a general summary of Digital Therapeutics Alliance Incorporated. 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
$1,868,302 (2022)
Expenses
$2,221,259 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $2,524
  • Program Service Revenue: $1,835,778
  • Gross Receipts: $1,868,302

Assets and Liabilities:

  • Total Assets: $1,235,384
  • Total Liabilities: $970,560
  • Net Assets: $264,824

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

MEMBERSHIP DUES

Revenue

$1,835,778

Organization Details

Founding Year

2017

Principal Officer

Andrew Molnar

Main Address

1405 S FERN ST 90008, ARLINGTON, VA, 22202

NTEE Category

Code: E03 - Health

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