Specialty Healthcare Benefits Council Inc
Nonprofit profile at a glance
- EIN
- 364305675
- IRS 990 coverage
- 2009–2024
- Forms available
- Form 990 2024
- Location
- Englewodd, NJ, USA
- Phone
- 2019234534
- Rating confidence
- Limited
- Sector
- Boards of Trade
Reported finances
- Revenue
- $0
- Expenses
- $4,000
- Assets
- $0
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
14 people listed
People named in this filing
- ROBERT F CARTA (DIRECTOR)
- ANNE BOLAND DOCIMO (DIRECTOR)
- JOSEPH EICHENHOLZ (EXECUTIVE DI)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Our purpose is to balance value as we encourage the use of specialty healthcare products and services to improve the health of our society. As the need for specialty healthcare benefits increases, there is a parallel responsibility to ensure utilization is appropriate and clinically sound. By bringing together the community of stakeholders, we hope to provide a pathway to allow sustainable use of these products and to define future benefit options, distribution systems, and management tools while weaving together the benefit systems that will deliver the right care to the right patient at the right time. Our members recognize the use of these products may be sustained only when value is clearly identified. We seek value by balancing the triangle of cost, access, and quality for these products. As a nonprofit organization, we provide a forum for collaboration among payers, vendors, and distributors in a dynamic marketplace. We do not endorse individual products or companies.
What it reported doing in 2024
The council seeks to foster interdisciplinary collaboration and information exchange in the p&t process. We support evidence-based formulary development and implementation across all practice settings as key elements in value-based design. We evaluate best practices in p&t organization, process and outcomes, and share what we learn with all interested parties. The board of trustees has identified six strategic objectives for the society: 1) serve as a clearinghouse and resource center to encourage the exchange of information necessary for the success of our members' efforts. 2) enhance the knowledge and expertise of our members through continuing education and training programs. 3) serve as a focal point for policy statements on issues of concern for members and the public. 4)develop practical tools that enhance or simplify the p&t committee process. 5) establish a forum for collaboration among all health care professionals and others involved in the p&t process. 6) promote the use of evidence-based tools in all aspects of benefit design, formulary development and implementation.
Operating model
- Revenue model
- No positive adjusted resources. The filing reports no positive adjusted operating resources.
- Distribution model
- No current program activity. The filing reports no program spending for the current year.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: 0
- Transparency & Controls: 90
- Accountability: 70
- Sustainability: 8
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: 0%; rating input score 0
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
- Governance controls: 2 of 7 controls in place; rating input score 29
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: Limited
- Total-asset coverage ratio: 0; rating input score 3; 3rd percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 60; 60th percentile among comparable filings
Growth
- Program expense growth: -27.8% per year; rating input score 0; 12th percentile among comparable filings
- Revenue growth: -35.1% per year; rating input score 0; 12th percentile among comparable filings
- Asset growth: -12.3% per year; rating input score 0; 11th percentile among comparable filings
Details
- Where the money goes: 0% of spending went to programs
- Governance: 14 of 14 board members independent · 2 of 7 filing controls reported
- Programs: 2 filed program accomplishments
- Leadership: top reported pay $0 · 14 people listed
- Consistency: 10 of 10 current checks pass
- Schedules: 2 filed schedules
- Filing history: 13 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Program expense ratio scored 0/100.
- High — Accountability: Governance controls: 4 of 6 not reported.
- High — Sustainability: Total-asset coverage ratio scored 3/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Growth: Asset growth scored 0/100.