Friends of eHealth: An Overview for OHT Board Meeting 12/10/08 Dan Sears, VP of Development and Programs.

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Presentation transcript:

Friends of eHealth: An Overview for OHT Board Meeting 12/10/08 Dan Sears, VP of Development and Programs

What is Friends of eHealth  A non-profit public benefit corporation  Operating under US law as a 501(c)(3)  FEH invests in open-source Healthcare IT interoperability projects for the public benefit  Governed and regulated for the benefit of the public  A legal entity that can receive grant funds directly from foundations, government entities and corporations  Can provide a federal tax deductions to donors 12/10/08 2

Friends of eHealth Relationship to OHT  Founded as the sister organization to OHT  Friends of eHealth is the strategic public-benefit funding partner  Established formal grant application guidelines for funding of OHT- approved projects  Serving as a sponsor for OHT projects to funding sources where OHT is legally or financially unable to directly participate 12/10/08 3

Status of Friends of eHealth  We can accept U.S. Government federal and state agency grants (no bid) today  We anticipate receiving our IRS federal tax exemption in the winter of 2008/09  Tax exemption will enable us to accept funds for OHT projects from philanthropic funding sources that require a federal tax deduction:  Private Foundations  Individual Donors 12/10/08 4

Friends of eHealth Funding Model  Open Health Tools common solutions, standards and projects based on aligning joint self-interest  We align and aggregate investments in HIT interoperability projects that benefit the public and provide a measureable public good Friends of eHealth Open Health Tools Healthcare & Govt Entities SDO & SSO Orgs Software Vendors 12/10/08 5

Advantages to OHT Projects  FEH enters into project funding agreements with OHT, not with the project member's organization  Funds flow from FEH through OHT to each project  We do not have an existing fund; we solicit funds for specific projects  We facilitate, solicit and manage funds from these sources:  Private Foundations  Government Agencies  Donations to FEH that can qualify for federal tax deductions are:  Financial Gifts and Grants  In-Kind Contributions  Intellectual Property (Software Code)  Operational grant money can spread OHT's expenses across multiple projects 12/10/08 6

The State of Funding  Good News – President-elect Obama is very pro healthcare IT  Obama's website proposes $10B/yr for 5 yrs for Healthcare IT Obama's website "We will make sure that every doctor's office and hospital in this country is using cutting-edge technology and electronic medical records so that we can cut red tape, prevent medical mistakes and help save billions of dollars each year.” – Obama radio address on Dec 6  Govt Health IT - Obama adds health IT to economic stimulus packageObama adds health IT to economic stimulus package  Chicago Tribune - Barack Obama's economic stimulus plan gains steamBarack Obama's economic stimulus plan gains steam  Wired for Health Care Quality Act -> S > Title I - Improving the Interoperability of Health Information Technology Wired for Health Care Quality Act  Arabella Philanthropic Investment Advisors lists seven issues where donor dollars can make the most difference. Health IT is one of them. 12/10/08 7

Potential Projects for Funding  OHT Operational Maintenance Expenses  OHT HL7 Tooling – HL7 & NHS  OHT Academic Outreach – Mohawk College Canada  OHT PASS – Inpriva  OHT Conformance Services – Canada Health Infoway  IHSTDO Terminology Tools  Technical Documentation of NEXTj's Code Donation 12/10/08 8

Actions  If interested, please request the grant application guideline from Dan via –  Go to the Friends of eHealth 12/10/08 9