Ohio Childrens Hospital Solutions For Patient Safety is located in Columbus, OH. The organization was established in 2012. According to its NTEE Classification (E70) the organization is classified as: Public Health, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ohio Childrens Hospital Solutions For Patient Safety is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Ohio Childrens Hospital Solutions For Patient Safety generated $6.0m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 6.8% each year. All expenses for the organization totaled $5.3m during the year ending 12/2023. While expenses have increased by 5.3% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO WORK TOGETHER TO ELIMINATE SERIOUS HARM ACROSS ALL CHILDREN'S HOSPITALS AS PART OF A NETWORK OF 140+ CHILDREN'S HOSPITALS IN NORTH AMERICA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SOLUTIONS FOR PATIENT SAFETY (SPS) IS A UNIQUE LEARNING NETWORK CONSISTING OF 151 CHILDREN'S HOSPITALS ACROSS NORTH AMERICA WORKING TOGETHER TO HELP EACH INDIVIDUAL HOSPITAL MAKE PROGRESS ON A JOURNEY TO ZERO HARM IN PARTICIPATING INSTITUTIONS. EMPLOYING HIGH-RELIABILITY CONCEPTS AND QUALITY IMPROVEMENT SCIENCE METHODS, THE NETWORK IS FOCUSED ON REDUCING HARM BY PREVENTING SERIOUS SAFETY EVENTS, READMISSIONS (WITHIN 7 DAYS FROM DISCHARGE), AND 12 HOSPITAL ACQUIRED CONDITIONS (HACS): ADVERSE DRUG EVENTS, ANTI-MICROBIAL STEWARDSHIP, CATHETER-ASSOCIATED URINARY TRACT INFECTIONS, CENTRAL LINE-ASSOCIATED BLOOD STREAM INFECTIONS, EMPLOYEE AND STAFF SAFETY, INJURIES FROM FALLS, NEPHROTOXIC ACUTE KIDNEY INJURY, PRESSURE INJURIES,PERIPHERAL INTRAVENOUS INFILTRATES/EXTRAVASATIONS, SURGICAL SITE INFECTIONS, UNPLANNED EXTUBATIONS, VENTILATOR-ASSOCIATED EVENTS, AND VENOUS THROMBOEMBOLISM. IN 2023, THE SPS NETWORK INTRODUCED THE PROACTIVE SAFETY FOCUS WHICH PROVIDES FOUR PROACTIVE SAFETY PLAYBOOKS TO NETWORK HOSPITALS TO INTRODUCE NEW TOOLS, INCLUDING LEARNING TEAMS, PROACTIVE SAFETY HUDDLES, LANGUAGE FOR LEADERSHIP ROUNDS, AND WALK-THROUGH TALK-THROUGH. SPS PUBLISHED FIVE NEW PUBLICATIONS, INCLUDING ONE PUBLICATION THAT PUBLISHED THE RESULTS FROM A SPS DEVELOPED COHORT RELATED TO THE RACIAL AND ETHNIC DISPARATIES IN INPATIENT SAFETY OUTCOMES. SPS DEVELOPED A NEW OVEREXERTION IMPROVEMENT COHORT WITH 12 NETWORK HOSPITALS TO ENHANCE ORGANIZATION ALIGNMENT AND RESOURCING IN SUPPORT OF LOCAL OVEREXERTION PREVENTION. THROUGH IMPLEMENTATION OF THE NETWORK'S BEST PRACTICES, CHILDREN ARE BEING PROTECTED FROM HARM AND COSTS ARE BEING REMOVED FROM THE HEALTH CARE SYSTEM. SINCE 2012, THIS NATIONAL EFFORT HAS LED TO AN ESTIMATED SAVINGS OF MORE THAN 533 MILLION AND SAVED 25,000 CHILDREN FROM SERIOUS HARM, WITH A CONSISTENT UPWARD TREND IN HARM PREVENTED EVERY MONTH. IN 2023, SPS HOSTED A SPRING IN PERSON LEARNING EVENT AND A FALL VIRTUAL LEARNING EVENT ENGAGING OVER 1900 PARTICIPANTS. ADDITIONALLY, A CONVENTION WAS HELD FOR 30+ CEOS AND TOP PEDIATRIC LEADERS TO UTILIZE PEER TO PEER AND INDUSTRY LEARNINGS TO IDENTIFY BEST PRACTICES FOR ELIMINATING HARM WITH A FOCUS ON CULTURE OF SAFETY, EMPLOYEE/STAFF SAFETY, AND SAFETY DISPARATIES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Nicholas Lashutka President | Officer | 20 | $0 |
Madeline Bell Trustee | Trustee | 1 | $0 |
Kevin B Churchwell Trustee | Trustee | 1 | $0 |
Patti Depompei Trustee | Trustee | 1 | $0 |
Marcy Doderer Chairman | Trustee | 1.5 | $0 |
Terri L Von Lehmden Trustee | Trustee | 1 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Anne Lyren Schinabeck Clinical Consul | 12/30/23 | $394,049 |
Cincinnati Children's Hosp Medical Center Clinical Mgmt | 12/30/23 | $3,001,717 |
Shepherd Consulting Llc Mgmt Consult | 12/30/23 | $309,000 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $5,609,439 |
Investment income | $341,455 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $5,950,894 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $274,523 |
Compensation of current officers, directors, key employees. | $82,357 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $396,904 |
Fees for services: Legal | $61,592 |
Fees for services: Accounting | $6,631 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $4,217,283 |
Advertising and promotion | $0 |
Office expenses | $2,239 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $36,381 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $285,440 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $20,797 |
All other expenses | $0 |
Total functional expenses | $5,301,790 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $289,500 |
Savings and temporary cash investments | $8,676,249 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $201,861 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $9,167,610 |
Accounts payable and accrued expenses | $727,925 |
Grants payable | $0 |
Deferred revenue | $2,770,500 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $3,498,425 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $5,669,185 |
Total liabilities and net assets/fund balances | $9,167,610 |