Lumetra Healthcare Solutions

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

EIN: 942918600 ✦ New hyde park, NY ✦ Designated as a 501(c)(6)

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Overview

What is Lumetra Healthcare Solutions?

Lumetra Healthcare Solutions is a New Hyde Park, New York-based organization that offers a range of data-driven clinical services aimed at enhancing patient outcomes, reducing costs, and boosting revenue. Their services encompass independent peer review, clinical analytics, program monitoring and improvement, and informatics services such as health information exchange planning, electronic health record optimization, healthcare transformation, health insurance exchange planning, healthcare education, and outreach, and clinical data analytics. Lumetra's mission is to drive advancements in the healthcare business through evidence-based, dependable solutions and technology, with a team of 10 dedicated professionals.


Official website here: www.lumetrasolutions.com

Is Lumetra Healthcare Solutions legitimate?

Lumetra Healthcare Solutions is a legitimate nonprofit organization registered as a 501(c)(6) entity. Lumetra Healthcare Solutions 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: $2,250
Professional Fundraising Fees: $0
Other Salaries and Wages: $574,506

For more financial information, click here


Official website here: www.lumetrasolutions.com

What is the mission statement of Lumetra Healthcare Solutions?

Lumetra Healthcare Solutions is committed to driving the advancement of the healthcare industry through the implementation of evidence-based, reliable solutions and technology. They provide clients with a variety of clinically-based data-driven services, leading to sustainable improvements in patient outcomes, cost reduction, increased revenue, and long-term improvements. Lumetra's Clinical Services Unit offers services such as independent peer review, clinical analytics, and program monitoring and improvement. Additionally, their Informatics Services Unit offers services including health information exchange planning and implementation, electronic health record optimization, healthcare transformation services, health insurance exchange planning and implementation, healthcare education and outreach, and clinical data analytics.


Official website here: www.lumetrasolutions.com

Who is the CEO of Lumetra Healthcare Solutions?

John A Friedman Md is the President of Lumetra Healthcare Solutions.


Official website here: www.lumetrasolutions.com

What is the revenue of Lumetra Healthcare Solutions?

Lumetra Healthcare Solutions's revenue in 2022 was $2,026,706.


Official website here: www.lumetrasolutions.com

Who are the executives of Lumetra Healthcare Solutions and what are their salaries?

The average compensation at Lumetra Healthcare Solutions during 2022 was $57,676. There are 10 employees and 4 volunteers at Lumetra Healthcare Solutions.


Here are 10 key members and their salaries:


Theodore O Will (Executive Vice President)
  • Compensation: $0
  • Related: $705,996
  • Other: $78,785
John A Friedman Md (President)
  • Compensation: $750
  • Related: $10,550
  • Other: $0
Paul J Rowland (Treasurer)
  • Compensation: $750
  • Related: $8,150
  • Other: $0
Ronald A Paynter Md (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jean Ann Seago Phd (Director)
  • Compensation: $750
  • Related: $0
  • Other: $0
Harry M Feder (Director)
  • Compensation: $0
  • Related: $724,013
  • Other: $69,770
Clare Bradley Pollet Md (Director)
  • Compensation: $0
  • Related: $461,220
  • Other: $22,351
Alan Woghin (Director)
  • Compensation: $0
  • Related: $334,240
  • Other: $55,279
Cecilia Ramos (Executive Director)
  • Compensation: $36,446
  • Related: $125,531
  • Other: $11,314
Patricia Daniel (Vp Clinical Services)
  • Compensation: $164,889
  • Related: $0
  • Other: $23,831


Official website here: www.lumetrasolutions.com

Where can I find the form 990 for Lumetra Healthcare Solutions?

Lumetra Healthcare Solutions's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.lumetrasolutions.com

Learn more at the official website: www.lumetrasolutions.com

Mission Statement of Lumetra Healthcare Solutions

Lumetra Healthcare Solutions is committed to driving the advancement of the healthcare industry through the implementation of evidence-based, reliable solutions and technology. This mission is achieved by providing a range of client-focused services, resulting in sustainable improvements in patient outcomes, lower costs, increased revenue, and lasting improvements.

The organization's Clinical Services unit offers various services, including independent peer review, clinical analytics, and program monitoring and improvement. The independent peer review service provides comprehensive, external evaluations, while clinical analytics offer assessments, evaluations, research study design, data analysis, compliance audits, and performance monitoring and surveillance. Program monitoring and improvement activities focus on health programs, ensuring their effectiveness and continuous improvement.

Lumetra's Informatics Services unit further supports the organization's mission with services such as Health Information Exchange (HIE) planning and implementation, Electronic Health Record (EHR) optimization, Healthcare Transformation, Health Insurance Exchange (HIX) planning and implementation, Healthcare Education & Outreach, and Clinical Data Analytics. These services aim to define best practices for functional HIE requirements, optimize EHR systems, implement PCMH and ACO programs, manage health insurance exchanges, conduct stakeholder outreach, and analyze clinical data for benchmarking, measurement, and improvement.

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Impact




October, 2024

Lumetra Healthcare Solutions significantly enhances the healthcare landscape by providing evidence-based, reliable solutions and technology. Their focus on clinically-based, data-driven services leads to tangible improvements such as better patient outcomes, reduced costs, increased revenue, and long-lasting advancements in healthcare practices.

Through their clinical services unit, they offer independent peer reviews, clinical analytics, and comprehensive program monitoring, ensuring compliance and optimal performance of health programs. Their informatics services, including health information exchange planning, electronic health record optimization, and healthcare transformation initiatives, streamline operational processes and enhance patient care delivery.

Additionally, Lumetra's commitment to healthcare education and outreach fosters stakeholder engagement and drives systemic improvements in health systems. By combining rigorous data analysis with actionable insights, they empower healthcare providers to make informed decisions that ultimately improve quality of care and efficiency in the healthcare business.




This information is meant to be a general summary of Lumetra Healthcare Solutions. 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
$2,026,706 (2022)
Expenses
$1,867,830 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $177
  • Program Service Revenue: $1,296,504
  • Gross Receipts: $2,026,706

Assets and Liabilities:

  • Total Assets: $1,949,473
  • Total Liabilities: $4,087,168
  • Net Assets: -$2,137,695

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Programs

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

CLINICAL SERVICES

Revenue

$1,264,421

INFORMATICS SERVICES

Revenue

$32,083

Organization Details

Founding Year

1983

Principal Officer

John A Friedman Md

Main Address

CO IPRO 1979 MARCUS AVENUE 105, NEW HYDE PARK, NY, 11042

NTEE Category

Code: E60 - Health

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