Tufts Medicine Inc is located in Burlington, MA. The organization was established in 2015. According to its NTEE Classification (E02) the organization is classified as: Management & Technical Assistance, under the broad grouping of Health Care and related organizations. As of 09/2021, Tufts Medicine Inc employed 76 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tufts Medicine Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
CARE INTEGRATION, POPULATION HEALTH MANAGEMENT, PATIENT ACCESS AND OPERATIONAL PERFORMANCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TUFTS MEDICAL CENTER PARENT, INC. AND CONSOLIDATED AFFILIATES ("TUFTS MC"), CIRCLE HEALTH, INC. AND CONSOLIDATED AFFILIATES ("CIRCLE HEALTH"), MELROSEWAKEFIELD HEALTHCARE, INC. AND CONSOLIDATED AFFILIATES, FORMERLY HALLMARK HEALTH CORPORATION ("MELROSEWAKEFIELD"), AND HOME HEALTH FOUNDATION, INC. AND ITS AFFILIATES ("HHF") ARE THE MEMBERS OF WELLFORCE, INC. ("WELLFORCE"), WHICH IS HEREINAFTER REFERRED TO AS THE "SYSTEM". THE SYSTEM REPRESENTS A UNIQUE MODEL THAT SERVES THE HEALTH NEEDS OF COMMUNITIES WHILE ENHANCING THE AFFORDABILITY OF CARE. THE SYSTEM FOCUSES ON CARE INTEGRATION, POPULATION HEALTH MANAGEMENT, PATIENT ACCESS, AND OPERATIONAL PERFORMANCE.WELLFORCE IS DESIGNED TO ENHANCE THE DELIVERY OF PATIENT-CENTERED CARE AND IMPROVE ACCESS TO HIGH-QUALITY, CLINICALLY INTEGRATED HEALTHCARE SERVICES FOR PATIENTS THROUGHOUT MANY COMMUNITIES IN THE COMMONWEALTH OF MASSACHUSETTS. WELLFORCE IS WORKING TO FACILITATE IMPLEMENTATION OF A COMMON, COORDINATED APPROACH, ACROSS THE THREE AFFILIATING HEALTH CARE SYSTEMS, TO POPULATION HEALTH MANAGEMENT. THIS WILL ALLOW FOR INNOVATION IN CARE MANAGEMENT MODELS, DISSEMINATION OF BEST PRACTICES, SHARED INFRASTRUCTURE AND INFORMATION SYSTEMS, AND INCREASED SCALE TO SERVE A GREATER POPULATION BASE. THE ROLE OF WELLFORCE FOR TUFTS MC, CIRCLE HEALTH, MELROSEWAKFIELD AND HHF WILL FACILITATE RATIONALIZING CARE DELIVERY TO ASSURE THAT SERVICES ARE PROVIDED IN THE MOST EFFICIENT SETTING, WITH INCENTIVES FOR CLOSE COLLABORATION AMONG PHYSICIANS, FACILITIES AND OTHER HEALTH CARE PROVIDERS. THE ROLE OF WELLFORCE WILL ALSO SERVE TO FOSTER EFFECTIVE CLINICAL INTEGRATION ACROSS THE CONTINUUM OF CARE, INCLUDING IMPLEMENTING STRATEGIES PROMOTING RISK-SHARING AND HIGH PERFORMANCE OUTCOMES. THROUGH WELLFORCE, TUFTS MC, CIRCLE HEALTH, MELROSEWAKFIELD AND HHF WILL DEFINE A COMMON SET OF RESPONSIBILITIES THAT HONORS THEIR RESPECTIVE AUTONOMY WHILE PROMOTING A COLLABORATIVE AND COMPREHENSIVE FUTURE-LOOKING STRATEGIC VISION PROACTIVELY RESHAPING HOW HEALTH CARE IS PROVIDED.WELLFORCE CARE PLAN, LLC IS AN ACCOUNTABLE CARE ORGANIZATION FORMED FOR THE PURPOSE OF ENTERING INTO AN AGREEMENT WITH A MANAGED CARE ORGANIZATION TO PARTICIPATE COLLECTIVELY IN THE MASSHEALTH ACCOUNTABLE CARE ORGANIZATION PROGRAM.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Michael Dandorph President & CEO | OfficerTrustee | 49 | $1,514,157 |
Michael Wagner MD Chief Physician Executive | Officer | 49 | $1,178,641 |
Susan Green Executive VP & CFO | Officer | 49 | $818,747 |
William Shickolovich Exec. VP & Cio (until Sept. 2020) | Officer | 49 | $729,726 |
Jeffrey Weinstein ESQ Exec. VP & General Counsel & Sec. | Officer | 49 | $626,878 |
Deborah Joelson Exec. VP & Cso (until Dec. 2020) | Officer | 49 | $588,505 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Center For Applied Research Inc Consulting | 9/29/21 | $1,462,032 |
Alvarez & Marsal Healthcare Ind Group Management Consulting | 9/29/21 | $1,699,255 |
Visante Inc Consulting | 9/29/21 | $871,804 |
Sullivan Cotter Inc Integrated Workforce Strategies | 9/29/21 | $387,810 |
Huron Consulting Services Llc Consulting | 9/29/21 | $758,936 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Investment income | $26,511 |
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 | $530,151 |
Statement of Expenses | |
---|---|
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. | $6,307,798 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $2,562,047 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $2,509,049 |
Payroll taxes | $461,343 |
Fees for services: Management | $0 |
Fees for services: Legal | $442,204 |
Fees for services: Accounting | $106,700 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $8,232,466 |
Advertising and promotion | $0 |
Office expenses | $144,532 |
Information technology | $1,816 |
Royalties | $0 |
Occupancy | $725,406 |
Travel | $77,616 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $52,019 |
Insurance | $72,727 |
All other expenses | $0 |
Total functional expenses | $22,849,402 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $6,175,640 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $18,214 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $475,932 |
Prepaid expenses and deferred charges | $430,378 |
Investments—publicly traded securities | $0 |
Investments—other securities | $323,721,796 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $3,289,115 |
Total assets | $334,551,155 |
Accounts payable and accrued expenses | $69,723,976 |
Grants payable | $0 |
Deferred revenue | $0 |
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 | $153,273,098 |
Total liabilities | $222,997,074 |
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 |
Total liabilities and net assets/fund balances | $111,554,081 |
Over the last fiscal year, Tufts Medicine Inc has awarded $41,500 in support to 6 organizations.
Grant Recipient | Amount |
---|---|
Dallas, TX PURPOSE: SPONSOR EVENT | $15,000 |
Arlington, VA PURPOSE: SPONSOR EVENT | $6,000 |
Somerville, MA PURPOSE: SPONSOR EVENT | $5,500 |
Boston, MA PURPOSE: SPONSOR EVENT | $5,000 |
Somerville, MA PURPOSE: SPONSOR EVENT | $5,000 |
Lawrence, MA PURPOSE: SPONSOR EVENT | $5,000 |
Organization Name | Assets | Revenue |
---|---|---|
Massachusetts League Of Community Health Centers Inc Boston, MA | $29,437,679 | $42,298,063 |
Dartmouth-Hitchcock Health Lebanon, NH | $1,251,160,419 | $17,116,192 |
Sisters Of Providence Health System Inc Holyoke, MA | $0 | $32,166,513 |
Tufts Medicine Inc Burlington, MA | $334,551,155 | $530,151 |
New England Donor Services Inc Waltham, MA | $48,652,397 | $15,155,479 |
Academic Physicians Insurancecompany Colchester, VT | $81,982,232 | $24,573,399 |
Brooklyn Hospital Provider Brooklyn, NY | $47,725,309 | $10,026 |
Alliance Health Management Services Llc Southborough, MA | $2,006,491 | $4,982,711 |
F F Thompson Health System Inc Canandaigua, NY | $6,622,129 | $5,171,518 |
Hospice And Palliative Care Group Inc Lockport, NY | $1,207,807 | $3,978,189 |
Center For Medical Simulation Inc Charlestown, MA | $2,307,441 | $2,761,057 |
Rural Health Network Of Scny Inc Binghamton, NY | $2,345,985 | $2,339,333 |