Overview
What is Patientrightsadvocateorg Inc?
Patientrightsadvocateorg Inc is a Massachusetts-based nonprofit organization, situated at 1188 Centre Street, Newton, MA, 02459. Their primary mission is to conduct research and advocacy in support of systemwide price transparency in healthcare, with the ultimate goal of reducing costs for all Americans. They act as an advocate for consumers, businesses, and taxpayers, pushing for transparency and competition within the healthcare industry. By investigating the compliance of hospitals, insurance companies, and healthcare providers with federal price transparency regulations, they aim to help patients and businesses lower their healthcare costs and challenge overcharges.
Official website here: www.patientrightsadvocate.org/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 72%, earning a Two-Star out of Four Star rating
Patientrightsadvocateorg Inc has received a Two-Star rating from Charity Navigator, reflecting a moderate level of performance in accountability and finance. The organization's overall score of 72% indicates some strengths, particularly in its management of assets and program expenses. However, there are notable weaknesses, especially concerning governance practices, as evidenced by the absence of an independent board and various policies like conflict of interest and whistleblower protections.
The organization has successfully shown a good material diversion of assets and maintains a healthy liabilities to assets ratio, which demonstrates financial stability. However, the lack of independent board members and comprehensive financial policies raises concerns about transparency and governance. Furthermore, the fundraising efficiency ratio is lacking, suggesting that the organization may struggle with effective fundraising strategies.
Overall, while Patientrightsadvocateorg Inc displays some positive aspects in its financial management, the significant gaps in governance and fundraising efficiency highlight areas that require improvement to build trust and enhance overall effectiveness. Potential donors and supporters should consider these factors when evaluating the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Patientrightsadvocateorg Inc legitimate?
Patientrightsadvocateorg Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Patientrightsadvocateorg 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $220,499
For more financial information, click here
Official website here: www.patientrightsadvocate.org/
What is the mission statement of Patientrightsadvocateorg Inc?
Patientrightsadvocateorg Inc is dedicated to conducting research and advocacy efforts to promote systemwide price transparency in healthcare. Their mission is geared towards lowering costs for all Americans by ensuring compliance with federal price transparency regulations. They act as advocates on behalf of consumers, businesses, and taxpayers, utilizing transparency and competition as tools to reduce healthcare expenses. The organization provides assistance to patients and businesses in lowering healthcare costs by fighting overcharges and offering guidance through price transparency.
Official website here: www.patientrightsadvocate.org/
Who is the CEO of Patientrightsadvocateorg Inc?
Cynthia Fisher is the Chairman of Patientrightsadvocateorg Inc.
Official website here: www.patientrightsadvocate.org/
What is the revenue of Patientrightsadvocateorg Inc?
Patientrightsadvocateorg Inc's revenue in 2022 was $18,992,127.
Official website here: www.patientrightsadvocate.org/
Who are the executives of Patientrightsadvocateorg Inc and what are their salaries?
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Official website here: www.patientrightsadvocate.org/
Where can I find the form 990 for Patientrightsadvocateorg Inc?
Patientrightsadvocateorg Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.patientrightsadvocate.org/
Learn more at the official website: www.patientrightsadvocate.org/
Mission Statement of Patientrightsadvocateorg Inc
Patientrightsadvocateorg Inc is an organization dedicated to conducting research and advocacy in support of systemwide price transparency in healthcare. Their ultimate goal is to lower costs for all Americans. The team at Patientrightsadvocateorg Inc meticulously researches the compliance of hospitals, insurance companies, and all healthcare providers with federal price transparency regulations.
In their mission to promote transparency and competition within the healthcare industry, Patientrightsadvocateorg Inc advocates on behalf of consumers, businesses, and taxpayers. By doing so, they aim to help these groups navigate the complex healthcare system and lower their costs. Additionally, the organization assists patients and businesses in fighting overcharges through price transparency.
Patientrightsadvocateorg Inc's efforts are instrumental in holding healthcare providers accountable for their pricing practices. By shedding light on hidden costs and price variations, they encourage competition and market forces to drive down prices. Moreover, their advocacy work empowers individuals and businesses to make informed decisions about their healthcare, ultimately leading to a more affordable and equitable healthcare system for all.
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Impact
October, 2024
Patientrightsadvocateorg Inc plays a crucial role in promoting price transparency in healthcare, significantly impacting the costs faced by consumers, businesses, and taxpayers. By conducting research on the compliance of hospitals, insurance companies, and healthcare providers with federal price transparency regulations, the organization holds these entities accountable and aims to ensure that patients are informed about pricing for medical services.
Through its advocacy efforts, Patientrightsadvocateorg Inc works to lower healthcare costs by fostering competition and pushing for greater transparency. This not only empowers patients to make informed choices but also assists businesses in managing their healthcare expenses. By fighting against overcharges and advocating for clearer pricing, the organization contributes to a more equitable healthcare system, ultimately striving to reduce the financial burden on all Americans. Its mission aligns with the goal of creating a more transparent and competitive healthcare marketplace, which is essential for improving access and affordability.
This information is meant to be a general summary of Patientrightsadvocateorg 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: $2,232,127
- Gross Receipts: $27,557,961
Assets and Liabilities:
- Total Assets: $19,033,677
- Total Liabilities: $33,249
- Net Assets: $19,000,428
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Organization Details
Founding Year
2017
Phone
(617) 658-3116Principal Officer
Cynthia Fisher
Main Address
1188 CENTRE STREET, NEWTON, MA, 02459
NTEE Category
Code: E01 - Health
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