Virginia Hospital And Healthcare Association

Organization Overview

Virginia Hospital And Healthcare Association is located in Richmond, VA. The organization was established in 1964. According to its NTEE Classification (E20) the organization is classified as: Hospitals, under the broad grouping of Health Care and related organizations. As of 09/2021, Virginia Hospital And Healthcare Association employed 46 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Virginia Hospital And Healthcare Association is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.

For the year ending 09/2021, Virginia Hospital And Healthcare Association generated $18.3m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.8% each year. All expenses for the organization totaled $17.1m during the year ending 09/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

VHHA STRIVES TO MAKE VIRGINIA THE HEALTHIEST STATE IN THE NATION. COLLABORATING WITH OUR MEMBERS AND STAKEHOLDERS, VHHA WORKS TO ENSURE THE SUSTAINABILITY OF VIRGINIA'S HEALTH CARE SYSTEM, TRANSFORM THE DELIVERY OF CARE TO LOWER COSTS AND PROMOTE HIGHER VALUE ACROSS THE CONTINUUM OF CARE, AND IMPROVE THE HEALTH OF ALL VIRGINIANS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE VIRGINIA HOSPITAL & HEALTHCARE ASSOCIATION PROMOTES THE COMMON HEALTH CARE INDUSTRY INTERESTS OF VIRGINIA'S HOSPITALS AND HEALTH SYSTEMS THROUGH PUBLIC POLICY ADVOCACY, EDUCATIONAL PROGRAMMING, RESEARCH, AND PROJECT DEVELOPMENT.


THE VIRGINIA HOSPITAL & HEALTHCARE ASSOCIATION SERVES AS A KEY LIAISON WITH THE PUBLIC HEALTH SECTOR GOVERNMENT AGENCIES TO PLAN FOR RESPONSES TO EMERGING PUBLIC HEALTH CHALLENGES THROUGH ITS ADMINISTRATION OF THE HOSPITAL PREPAREDNESS PROGRAM THAT IS SUPPORTED WITH FEDERAL GRANT FUNDING. DURING THE FISCAL YEAR, VHHA WAS INSTRUMENTAL IN ASSISTING OUR MEMBERS AND OTHER STAKEHOLDERS IN RESPONDING TO THE GLOBAL PANDEMIC THROUGH FULFILLING CRITICAL COLLABORATION AND COMMUNICATION ROLES, PROVIDING ACCURATE AND TIMELY DATA COLLECTION, SOURCING AND DISTRIBUTING PPE, TESTING AND VACCINATION.


VHHA MEMBER PRIVATE ACUTE HOSPITALS ARE SUBJECT TO PAYMENT OF PROVIDER ASSESSMENTS UNDER THE STATE MEDICAID PROGRAM. THE PROVIDER ASSESSMENTS ARE HIGHLY TECHNICAL IN NATURE REQUIRING COMPLEX ACCOUNTING, RECONCILIATION, MANAGED CARE ORGANIZATION COMPLIANCE, AND UPPER PAYMENT LIMIT VALIDATION. TO ASSIST VHHA MEMBERS WITH THESE COMMON ACTIVITIES AND POOL RESOURCES NEEDED TO FINANCE THEM, VHHA SERVES AS A THIRD-PARTY ADMINISTRATOR AUTHORIZED TO PERFORM VARIOUS PROVIDER ASSESSMENT DUTIES ON BEHALF OF ITS MEMBERS. MOST, BUT NOT ALL VHHA MEMBERS ARE SUBJECT TO THE PROVIDER ASSESSMENT. IN ORDER TO PROPERLY ACCOUNT FOR THE FUNDS AND EXPENSES ASSOCIATED WITH THIS THIRD-PARTY ADMINISTRATOR ROLE AND TO ENSURE THAT THOSE NOT AFFECTED BY THE PROVIDER ASSESSMENT ARE NOT CHARGED FOR THESE SERVICES, VHHA HAS ESTABLISHED SEGREGATED FUNDS AND ACCOUNTS, WHICH ARE OVERSEEN BY A SEPERATE COMMITTEE OF THE VHHA BOARD.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Mcdermott Will & Emery Llp
Legal
$362,026
Marion Clinedinst
Emergency Preparedness
$128,206
Daniel Gray
Emergency Preparedness
$111,942
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$890,179
Government grants $10,023,675
All other contributions, gifts, grants, and similar amounts not included above$16,025
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$10,929,879
Total Program Service Revenue$6,003,725
Investment income $322,461
Tax Exempt Bond Proceeds $0
Royalties $677,795
Net Rental Income $236,945
Net Gain/Loss on Asset Sales $123,169
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $18,293,974

Grants Awarded

Over the last fiscal year, Virginia Hospital And Healthcare Association has awarded $75,405 in support to 9 organizations.

Grant RecipientAmount

FAQUIER MEDICAL CENTER LLC

PURPOSE: WORKFORCE INITIATIVE TO ADDRESS HEALTHCARE JOB RECRUITMENT, RETENTION AND EDUCATION.

$13,550

VIRGINIA HOSPITAL CENTER ARLINGTON HEALTH SYSTEM

Org PageRecipient Profile

Arlington, VA

PURPOSE: WORKFORCE INITIATIVE TO ADDRESS HEALTHCARE JOB RECRUITMENT, RETENTION AND EDUCATION.

$13,103

MEMORIAL REGIONAL MEDICAL CENTER INC

Org PageRecipient Profile

Richmond, VA

PURPOSE: WORKFORCE INITIATIVE TO ADDRESS HEALTHCARE JOB RECRUITMENT, RETENTION AND EDUCATION.

$10,542

BON SECOURS HAMPTON ROADS HEALTH SYSTEM

Org PageRecipient Profile

Suffolk, VA

PURPOSE: WORKFORCE INITIATIVE TO ADDRESS HEALTHCARE JOB RECRUITMENT, RETENTION AND EDUCATION.

$8,530

Cincinnati, OH

PURPOSE: WORKFORCE INITIATIVE TO ADDRESS HEALTHCARE JOB RECRUITMENT, RETENTION AND EDUCATION.

$6,894

VCU HEALTH SYSTEM

PURPOSE: WORKFORCE INITIATIVE TO ADDRESS HEALTHCARE JOB RECRUITMENT, RETENTION AND EDUCATION.

$6,277
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Virginia Hospital And Healthcare Association has recieved totaling $5,000.

Awarding OrganizationAmount
Fauquier Health Foundation

Warrenton, VA

PURPOSE: REGIONAL POPULATION HEALTH - FUNDING TO DEVELOP HEALTH EQUITY GOALS AND A 13 MONTH IMPLEMENTATION PLAN FOR PARTNERING FOR A HEALTHY VIRGINIA (NOT ALL OF ITS MEMBERS) THAT IS FOCUSED ON ACTION AND OPERATIONS.

$2,500
Fauquier Health Foundation

Warrenton, VA

PURPOSE: REGIONAL POPULATION HEALTH - FUNDING TO DEVELOP HEALTH EQUITY GOALS AND A 13 MONTH IMPLEMENTATION PLAN FOR PARTNERING FOR A HEALTHY VIRGINIA (NOT ALL OF ITS MEMBERS) THAT IS FOCUSED ON ACTION AND OPERATIONS.

$2,500
View Grant Recipient Profile

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