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Memorial Hermann Accountable Care

501(c)
DBA: Organization
Other · EIN 80-0778181

About

Memorial hermann accountable care organization (mhaco) is dedicated to promoting social welfare by achieving the goals of the three-part AIM of the medicare shared savings program: lower cost, improved care, and better health. Mhaco seeks to improve health care for individuals by (1) investing in the primary care physicians who are directly accountable for the patient population, (2) investing in technology innovations and health care processes management, population management, and high-risk patient identification, and (3) lowering the growth of expenditures by driving high quality, consistent care through mhacos network of care providers, hospitals, and other healthcare facilities. As a result, mhaco is advancing health and social welfare of the community by seamlessly bridging care delivery, physicians and health solutions.

DBA Organization

Category
Other
Employees
0
Volunteers
0

Financial Snapshot

FY ending 2023-06-30
Revenue
$11.4M
Expenses
$13.6M
Assets
$151K
Liabilities
$74K

Financial history

$35.3M$17.7M$0
1920212223
RevenueExpenses
Latest FY2023: $11.4M · Peak FY2022: $34.0M · Avg: $21.3M
Memorial Hermann Accountable Care
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Address

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Governance

Voting board members10
Independent members5
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planYes
Compensation committeeYes
Used comp surveyYes
Board approved compYes
Initial contract exceptionNo
Public records
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