Overview
What is Memorial Hermann Accountable Care Organization?
Memorial Hermann Accountable Care Organization (MHACO) is a nonprofit dedicated to improving healthcare in the Greater Houston community by achieving the goals of the Medicare Shared Savings Program. With a focus on social welfare, MHACO unites independent and employed physicians of various specialties in the Houston area under a commitment to quality and accountability. This network of healthcare providers utilizes evidence-based medicine, information technology, and specialized tools to deliver cost-effective and coordinated care. Through clinical integration, these providers share patient information to make informed healthcare decisions. Additionally, MHACO strives to prevent hospitalizations by offering preventive medicine and a team-based, proactive approach to care. MHACO provides care to over 40,000 Medicare beneficiaries and offers a full continuum of care for patients with chronic conditions. Their care coordination teams focus on discharge planning and follow-up needs for in-patients. MHACO's success is measured by their ability to lower costs, improve care, and promote better health for individuals in their network.
Official website here: www.memorialhermann.org/aco/
Is Memorial Hermann Accountable Care Organization legitimate?
Memorial Hermann Accountable Care Organization is a legitimate nonprofit organization registered as a 501(c)(4) entity. Memorial Hermann Accountable Care Organization 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 not tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.memorialhermann.org/aco/
What is the mission statement of Memorial Hermann Accountable Care Organization?
Memorial Hermann Accountable Care Organization (MHACO) focuses on promoting social welfare by achieving the objectives of the Medicare Shared Savings Program. These objectives include lowering costs, enhancing care quality, and fostering better health for individuals. MHACO invests in primary care physicians and technology innovations to improve healthcare delivery. They prioritize population management, healthcare processes management, and high-risk patient identification. Through their network of care providers, hospitals, and healthcare facilities, MHACO strives to drive high-quality, consistent care, thereby reducing the growth of expenditures. By seamlessly bridging care delivery, physicians, and healthcare solutions, MHACO advances the health and social welfare of the community.
Official website here: www.memorialhermann.org/aco/
Who is the CEO of Memorial Hermann Accountable Care Organization?
James J Mccarthy Md is the Principal Officer of Memorial Hermann Accountable Care Organization. The CEO's salary of Memorial Hermann Accountable Care Organization is $0 and their total compensation is $3,554,199.
Official website here: www.memorialhermann.org/aco/
What is the revenue of Memorial Hermann Accountable Care Organization?
Memorial Hermann Accountable Care Organization's revenue in 2022 was $34,024,704.
Official website here: www.memorialhermann.org/aco/
Who are the executives of Memorial Hermann Accountable Care Organization and what are their salaries?
- David L Callender Md (Ceo/President) [Trustee/Director]
- Deborah Gordon (Secretary)
- James Mccarthy Md (President) [Trustee/Director]
- Alec King (Treasurer) [Trustee/Director]
- Robert Mcstay (Svp, Chief Compliance Officer)
- J Kevin Giglio Md (Chief Medical Officer)
- Chistophe Salcedo Md (Director)
- Ankur Doshi Md (Director)
- Ira Flax Md (Director)
- Grover Jackson (Director)
- Roland Garcia Jr (Director)
- Deborah Cannon (Director)
- Phillip Chang Md (Director)
Official website here: www.memorialhermann.org/aco/
Where can I find the form 990 for Memorial Hermann Accountable Care Organization?
The Memorial Hermann Accountable Care Organization’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.memorialhermann.org/aco/
Learn more at the official website: www.memorialhermann.org/aco/
Mission Statement of Memorial Hermann Accountable Care Organization
Memorial Hermann Accountable Care Organization (MHACO) is a mission-driven entity focused on enhancing social welfare by achieving the objectives of the Medicare Shared Savings Program. In simple terms, MHACO aspires to improve healthcare for individuals through various means.
First, MHACO invests in primary care physicians who are directly responsible for managing patient populations. By doing so, they ensure that these healthcare professionals have the necessary resources to deliver high-quality care effectively. Second, MHACO invests in technology innovations, healthcare processes management, population management, and high-risk patient identification. These investments enable MHACO to streamline care delivery and optimize healthcare solutions for their network of providers, hospitals, and other healthcare facilities.
Third, MHACO aims to lower the growth of expenditures by promoting consistent, high-quality care through its network of care providers. By driving efficiency and effectiveness in care delivery, MHACO contributes to the overall health and social welfare of the community. In summary, Memorial Hermann Accountable Care Organization advances the health and well-being of the community by seamlessly bridging care delivery, physicians, and healthcare solutions.
Impact
This information is meant to be a general summary of Memorial Hermann Accountable Care Organization. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Memorial Hermann Accountable Care Organization, based in Houston, Texas, has made a significant impact in the healthcare sector by achieving the goals of the Medicare Shared Savings Program. By uniting independent and employed physicians across specialties in the Houston area, MHACO is dedicated to delivering high-quality care in a cost-effective manner.
Through their commitment to evidence-based medicine, care coordination, preventive medicine, and a team-based approach, MHACO has successfully provided care to more than 40,000 Medicare beneficiaries. Their efforts have led to better clinical outcomes, reduced hospital stays, and controlled healthcare costs for patients in the Greater Houston community.
MHACO's use of data analytics, technology innovations, and care processes management has allowed them to drive high-quality, consistent care through their network of providers, hospitals, and healthcare facilities. According to CMS reports, MHACO has consistently been recognized as a top performing MSSP ACO, generating savings and improving the overall health and social welfare of the community they serve.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEDICARE SHARED SAVINGS PROGRAM
Revenue
$1,000,455
CARE COORDINATION AND MANAGEMENT
Revenue
$33,024,249
Organization Details
Founding Year
2012
Phone
(713) 338-4552
Principal Officer
James J Mccarthy Md
Main Address
929 Gessner Rd Suite 1900, Houston, TX, 77024
Website
www.memorialhermann.org/aco/
NTEE Category
Code: E21 - Health
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