Overview
What is Washington State Medical Association Foundation For Health Care Improvement?
The Washington State Medical Association Foundation for Health Care Improvement is a charitable organization situated in Seattle, Washington. Established with the purpose of aiding physicians in adapting to transformations in healthcare delivery and payment, it collaborates with medical groups and practices. The foundation supports evidence-based care, promotes best practices, aims to decrease unnecessary variations in care, enhance patient safety, and educate physicians on achieving these objectives. The organization operates through projects like Honoring Choices Pacific Northwest, which collects tax-deductible donations for its goals and provides general education materials, focused instruction, and an informational website. The ultimate aim of Honoring Choices Pacific Northwest is to ensure end-of-life care respects personal values and objectives across the Pacific Northwest region.
Official website here: www.wsma.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76% (Three-Star out of Four Star rating)
The Washington State Medical Association Foundation For Health Care Improvement has achieved a rating of 76%, indicating a solid performance in terms of accountability and finance. The score is derived entirely from a single beacon, with a focus on the organization's financial health. A major strength is its high level of board independence, with all members being independent, which reflects strong governance practices.
Financial metrics are positive, showcasing a low liabilities-to-assets ratio of 0.71% and a program expense ratio of 92.03%. This means that a significant portion of the funds raised is directed toward programmatic activities rather than administrative costs, which is beneficial for stakeholders interested in the charity’s impact.
While the rating is commendable, it is important to consider the limited scope of evaluation based solely on financial attributes. The absence of other beacons means that factors such as impact and effectiveness are not assessed, which could provide a more comprehensive picture of the organization's overall performance.
This AI summary has been generated from information found on Charity Navigator.
Is Washington State Medical Association Foundation For Health Care Improvement legitimate?
Washington State Medical Association Foundation For Health Care Improvement is a legitimate nonprofit organization registered as a 501(c)(3) entity. Washington State Medical Association Foundation For Health Care Improvement 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: $3,863
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.wsma.org
What is the mission statement of Washington State Medical Association Foundation For Health Care Improvement?
The Washington State Medical Association Foundation for Health Care Improvement was established with the mission to foster transformational changes in healthcare at various levels, including individuals, organizations, and statewide. Their primary objective is to assist physicians in navigating ongoing modifications in healthcare delivery and payment systems. They accomplish this by collaborating with medical groups and physicians' practices, providing support for evidence-based care, promoting best practices, encouraging reductions in unnecessary variations in care, enhancing patient safety, and educating physicians on how to achieve these goals.
Official website here: www.wsma.org
Who is the CEO of Washington State Medical Association Foundation For Health Care Improvement?
Brian Seppi Md is the Principal Officer of Washington State Medical Association Foundation For Health Care Improvement. The CEO's salary of Washington State Medical Association Foundation For Health Care Improvement is $0 and their total compensation is $369,188.
Official website here: www.wsma.org
What is the revenue of Washington State Medical Association Foundation For Health Care Improvement?
Washington State Medical Association Foundation For Health Care Improvement's revenue in 2022 was $810,920.
Official website here: www.wsma.org
Who are the executives of Washington State Medical Association Foundation For Health Care Improvement and what are their salaries?
There 9 volunteers at Washington State Medical Association Foundation For Health Care Improvement.
Here are 12 key members and their salaries (Washington State Medical Association Foundation For Health Care Improvement's CEO's salary is $0 and their total compensation is $369,188):
- Compensation: $0
- Related: $347,587
- Other: $21,601
- Compensation: $0
- Related: $33,582
- 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: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $140,585
- Other: $13,961
Official website here: www.wsma.org
Where can I find the form 990 for Washington State Medical Association Foundation For Health Care Improvement?
Washington State Medical Association Foundation For Health Care Improvement's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.wsma.org
Learn more at the official website: www.wsma.org
Mission Statement of Washington State Medical Association Foundation For Health Care Improvement
The Washington State Medical Association Foundation For Health Care Improvement was established with a mission to instigate transformative changes in healthcare delivery and payment at various levels, including individual, organizational, and statewide. The primary objective of this foundation is to assist physicians in comprehending and adapting to ongoing modifications in healthcare and payment systems. To achieve this, the foundation works collaboratively with medical groups and physicians' practices, providing support in several key areas.
Firstly, the foundation aims to foster information-based care, promoting the adoption of best practices. This involves encouraging physicians to make informed decisions, ensuring they deliver care that is evidence-based and effective. Secondly, the foundation seeks to reduce unnecessary variations in care, which can often lead to inefficient use of resources and variations in patient outcomes. By identifying and addressing these variations, the foundation aims to improve the overall quality and effectiveness of healthcare.
Thirdly, the Washington State Medical Association Foundation For Health Care Improvement emphasizes the importance of patient safety, recognizing that mistakes and errors can have serious consequences for patients. By promoting safety measures and best practices, the foundation seeks to reduce the risk of harm to patients and improve their overall experience of healthcare. Lastly, the foundation provides education to physicians on how to meet these goals, equipping them with the knowledge and skills they need to deliver high-quality, safe, and effective care. In summary, the Washington State Medical Association Foundation For Health Care Improvement is dedicated to driving positive change in healthcare by supporting physicians and medical practices in their efforts to deliver high-quality, evidence-based, and safe care.
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Impact
July, 2024
The Washington State Medical Association Foundation For Health Care Improvement, through its project Honoring Choices Pacific Northwest (HCPNW), aims to create transformational health care change at all levels - individual, organizational, and statewide. The ultimate goal of HCPNW is for everyone in the Pacific Northwest to receive care that honors personal values and goals at the end of life. This initiative is achieved through partnerships with the Washington State Medical Association and the Washington State Hospital Association, as well as through grants and donations from third parties. HCPNW provides informational resources, general education materials, and focused instruction for personnel in healthcare facilities to ensure that patient values are respected. The foundation's mission is to help physicians understand and adapt to ongoing changes in health delivery and payment by promoting best practices, reducing variations in care, improving patient safety, and supporting information-based care. Through these efforts, the foundation is making a significant impact on healthcare delivery and patient outcomes in Washington State.
This information is meant to be a general summary of Washington State Medical Association Foundation For Health Care Improvement. 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: -$10,652
- Gross Receipts: $894,990
Assets and Liabilities:
- Total Assets: $2,227,253
- Total Liabilities: $35,433
- Net Assets: $2,191,820
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Organization Details
Founding Year
1966
Phone
(206) 441-9762Principal Officer
Brian Seppi Md
Main Address
2001 SIXTH AVENUE 2700, SEATTLE, WA, 98121
Website
www.wsma.orgNTEE Category
Code: E00E - Health
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