Carequality Inc

Organization Overview

Carequality Inc is located in Vienna, VA. According to its NTEE Classification (E01) the organization is classified as: Alliances & Advocacy, 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. Carequality Inc 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 12/2021, Carequality Inc generated $2.0m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 14.7% each year . All expenses for the organization totaled $1.6m during the year ending 12/2021. While expenses have increased by 8.7% per year over the past 3 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

CAREQUALITY LESSENS THE BURDEN ON THE FEDERAL GOVERNMENT BY CREATING A FRAMEWORK TO SUPPORT THE SAFE AND SECURE EXCHANGE OF ELECTRONIC HEALTH INFORMATION AMONG DIFFERENT ELECTRONIC HEALTH SYSTEMS. CAREQUALITY SUPPORTS A ROBUST LEGAL AND POLICY FRAMEWORK CONSISTING OF A COMMON TRUST AGREEMENT, IMPLEMENTATION GUIDES AND TECHNICAL SPECIFICATIONS DEVELOPED BY A MULTI-STAKEHOLDER PROCESS STEWARDED BY CAREQUALITY. THE CAREQUALITY FRAMEWORK IS CONSENSUS BASED AND ALLOWS DIFFERENT EHEALTH IT VENDORS, PLATFORMS AND OTHERS TO ACHIEVE INTEROPERABILITY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

ANNUAL FEES AND DUES AND CONFERENCES - CAREQUALITY PROVIDES PROGRAMMATIC AND OPERATIONAL SUPPORT FOR THE CAREQUALITY INTEROPERABILITY FRAMEWORK, WHICH ENABLES HEALTH INFORMATION SHARING AMONG AND BETWEEN ALL TYPES OF HEALTH DATA NETWORKS.


US GOVERNMENT GRANTS - DURING 2021, THE ORGANIZATION PROVIDED SUB-CONTRACTOR SERVICES, IN CONNECTION WITH THE SEQUOIA PROJECT'S GRANT FROM THE US DEPT OF HEALTH AND HUMAN SERVICES (HHS) TO SERVE AS THE RECOGNIZED COORDINATING ENTITY (RCE) AND HELP DEVELOP THE TRUSTED EXCHANGE FRAMEWORK AND COMMON AGREEMENT TO SUPPORT NATIONWIDE EXCHANGE OF HEALTH INFORMATION.


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Financial Statements

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$2,001,065
Investment income $231
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 $2,001,296

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