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Boston Accountable Care Organization Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 473468314 ✦ Boston, MA ✦ Designated as a 501(c)(3)

Overview

What is Boston Accountable Care Organization Inc?

Boston Accountable Care Organization Inc, headquartered in Boston, Massachusetts, is a charitable organization with a mission to enhance healthcare for populations served by Boston Medical Center Corporation, Faculty Practice Foundation, Inc. physicians, and Community Health Centers (CHCS). Established to operate more efficiently while improving the overall health of these populations, BACO integrates resources from these entities to deliver high-quality, effective, and less expensive care. By efficiently managing healthcare aspects, BACO aims to provide the best possible care while improving the health of the served population.


Is Boston Accountable Care Organization Inc legitimate?

Boston Accountable Care Organization Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Boston Accountable Care Organization Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,016,816

For more financial information, click here


What is the mission statement of Boston Accountable Care Organization Inc?
Who is the CEO of Boston Accountable Care Organization Inc?
What is the revenue of Boston Accountable Care Organization Inc?
Who are the executives of Boston Accountable Care Organization Inc and what are their salaries?
Where can I find the form 990 for Boston Accountable Care Organization Inc?

Mission Statement of Boston Accountable Care Organization Inc

Boston Accountable Care Organization (BACO) is devoted to charitable, educational, and scientific purposes, as outlined by Section 501(C)(3) of the Internal Revenue Code. The organization's mission is to enhance the healthcare of the populations served by Boston Medical Center Corporation (BMC), the Faculty Practice Foundation, Inc. (FPF) physicians, and Community Health Centers (CHCS). To achieve this goal, BACO operates as an Accountable Care Organization (ACO), striving to manage all aspects of healthcare more efficiently to improve population health. By integrating the resources of BMC, FPF, and CHCS, BACO aims to deliver more effective, higher quality, and less expensive care to its patients.

Impact

This information is meant to be a general summary of Boston Accountable Care Organization Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




Saturday, July 20, 2024

Boston Accountable Care Organization Inc's impact can be seen in its efforts to improve healthcare for the populations served by Boston Medical Center Corporation, the Faculty Practice Foundation, Inc. physicians, and community health centers. By better managing all aspects of healthcare through its Accountable Care Organization structure, BACO aims to enhance the health of the population served while operating more efficiently. This integration of resources from BMC, FPF, and CHCs allows BACO to deliver more effective, higher quality, and less expensive care to its patients.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $75,138
  • Program Service Revenue: $2,409,638
  • Gross Receipts: $2,484,776

    • Assets and Liabilities:
  • Total Assets: $29,651,949
  • Total Liabilities: $24,948,587
  • Net Assets: $4,703,362
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    CAPITATION REVENUE

    Revenue

    $2,409,638

    Organization Details

    Founding Year

    2015

    Principal Officer

    Sandra Cotterell

    Main Address

    ONE BOSTON MEDICAL CENTER PLACE, BOSTON, MA, 02118

    NTEE Category

    Code: E21 - Health

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