Tufts Medicine Integrated Network I Nc
- Assets
- $30.9m
- Revenue
- $6.1m
- Investments
- $0.0
- Employees
- 0
- Location
- Burlington, MA
- Founding
- Data as of
- 09/2022
- EIN
- 87-1600172
Organization Overview
Tufts Medicine Integrated Network I Nc is located in Burlington, MA. According to its NTEE Classification (E80) the organization is classified as: Health (General & Financing), 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. Tufts Medicine Integrated Network I NC 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 09/2022, Tufts Medicine Integrated Network I NC generated $6.1m in total revenue. All expenses for the organization totaled $5.4m during the year ending 09/2022.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO BRING TOGETHER PRIVATE PRACTICE AND EMPLOYED PHYSICIANS, COMMUNITY-BASED AND ACADEMIC CARE PROVIDERS, AND PRIMARY CARE AND MEDICAL AND SURGICAL SPECIALISTS TO IMPROVE CARE AND REDUCE COSTS FOR DEFINED POPULATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PARTICIPATING IN THE CENTER FOR MEDICARE AND MEDICAID SERVICES ("CMS") ACO PROGRAMS.IMPLEMENTING HEALTHCARE PROGRAMS DESIGNED TO PROMOTE QUALITY IMPROVEMENTS AND COST SAVINGS AND THEREBY LESSENING THE GOVERNMENT'S BURDEN ASSOCIATED WITH PROVIDING MEDICARE BENEFITS.ESTABLISHING AN INTEGRATED HEALTHCARE DELIVERY SYSTEM THAT IMPROVES THE QUALITY OF MEDICAL, SURGICAL, BEHAVIORAL AND OTHER RELATED HEALTH CARE SERVICES PROVIDED TO PATIENTS THROUGH FOSTERING SUCH INITIATIVES AS CLINICAL INTEGRATION AMONG PRIMARY CARE PHYSICIANS AND SPECIALISTS AND AMONG COMMUNITY AND ACADEMIC PHYSICIANS AND HOSPITALS, IMPLEMENTING COORDINATED ELECTRONIC HEALTH RECORD SYSTEMS, DEVELOPING BEST-PRACTICE-BASED PROTOCOLS, AND PROVIDING WELLNESS CARE AND OTHER TECHNIQUES AND SYSTEMS.IMPROVING THE PROVISION OF MEDICAL AND HEALTH CARE TO PATIENTS THROUGH THE CREATION OF A DATA BASE OF MEDICAL RECORDS, PUBLIC HEALTH INFORMATION AND POPULATION DEMOGRAPHICS.DEVELOPING FINANCIAL INCENTIVES THROUGH PAYER CONTRACTING TO IMPROVE THE QUALITY, EFFICIENCY AND EFFECTIVENESS OF CARE AND TO ENHANCE HEALTH CARE OUTCOMES FOR THE POPULATIONS SERVED BY THE PHYSICIANS AND HOSPITALS ASSOCIATED WITH THE CORPORATION.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Emily Young President/director | OfficerTrustee | 48 | $552,989 |
David Criss MD Director | Trustee | 1 | $0 |
Michele Crage MD Chair | OfficerTrustee | 1 | $0 |
Mark Gilchrist MD Vice Chair | OfficerTrustee | 1 | $0 |
Dan Driscoll MD Director | Trustee | 1 | $0 |
Kelli Kennedy MD Director (until 1/1/23) | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Navvis & Company Llc Healthcare Consulting | 9/29/23 | $2,774,644 |
Synchronous Health Inc Healthcare Consulting | 9/29/23 | $1,390,000 |
Birdsall Voss & Associates Inc Marketing | 9/29/23 | $240,000 |
Veralon Healthcare Consulting | 9/29/23 | $269,608 |
Healthlink Advisors Inc Healthcare Consulting | 9/29/23 | $526,887 |
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 | $6,089,364 |
| Investment income | $4,217 |
| 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 | $6,093,581 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,361,175 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $211,550 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $37,260 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,825,408 |
| Advertising and promotion | $0 |
| Office expenses | $325,382 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $4,394 |
| 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 | $0 |
| Insurance | $0 |
| All other expenses | $313,692 |
| Total functional expenses | $5,352,513 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $9,090,659 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $18,233,530 |
| 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 | $42,000 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,519,429 |
| Total assets | $30,885,618 |
| Accounts payable and accrued expenses | $12,331,903 |
| 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 | $15,710,985 |
| Total liabilities | $28,042,888 |
| Net assets without donor restrictions | $2,842,730 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $30,885,618 |