2018-02-06T13:24:27-06:00 2017-09-30 131639826 EISNERAMPER LLP 130 NORTH 18TH STREET SUITE 3000 PHILADELPHIA PA 191032757 990 2016-10-01 233057353 SOCIETY OF HOSPITAL MEDICINE SOCI 2153517754 1500 SPRING GARDEN ST NO 501 PHILADELPHIA PA 19130 TARA WATSON DIRECTOR OF FINANCE 2153517754 2018-01-25 1 HELEN M MARTIN P01330899 2158818800 64.238.150.12 2018-01-25 12:04:41 ES P 030F7695CCD24146B019457CFD1235EBE026B1FB 8E870F8AA4641D255910973FA7AA62547FCD0F0B 2016 2021-01-29 14:40:06Z DR LAURENCE WELLIKSON 1500 SPRING GARDEN ST NO 501 PHILADELPHIA PA 19130 21490720 0 X WWW.HOSPITALMEDICINE.ORG X 2000 PA THE SOCIETY OF HOSPITAL MEDICINE IS DEDICATED TO PROMOTING THE HIGHEST QUALITY CARE FOR ALL HOSPITALIZED PATIENTS. SHM IS COMMITTED TO PROMOTING EXCELLENCE IN THE PRACTICE OF HOSPITAL MEDICINE THROUGH EDUCATION, ADVOCACY AND RESEARCH. 12 12 58 0 0 0 511177 605058 11120717 12524230 335631 840134 876458 1093261 12843983 15062683 12500 0 0 0 5218681 5892551 0 0 0 6892080 7831735 12123261 13724286 720722 1338397 13284845 14547196 5549572 5286241 7735273 9260955 X THE SOCIETY OF HOSPITAL MEDICINE IS DEDICATED TO PROMOTING THE HIGHEST QUALITY CARE FOR ALL HOSPITALIZED PATIENTS. SHM IS COMMITTED TO PROMOTING EXCELLENCE IN THE PRACTICE OF HOSPITAL MEDICINE THROUGH EDUCATION, ADVOCACY AND RESEARCH. 0 0 6161534 7693535 EDUCATIONANNUAL MEETING IS TO BE PART OF THE HOSPITAL MEDICINE MOVEMENT AND TO PARTICIPATE IN OVER 100 DIFFERENT EDUCATIONAL SESSIONS. ADDITIONALLY, AT THE 2017 ANNUAL MEETING THERE WERE OVER 900 PARTICIPANTS IN THE POSTER SESSION THAT SHOWCASES AREAS OF ACADEMIC RESEARCH, INNOVATION AND KEY CLINICAL CASES.PEDIATRIC HOSPITAL MEDICINE MEETING IS TO BE PART OF THE LARGEST MEETING DEVOTED TO PEDIATRIC HOSPITAL MEDICINE. PARTICIPATE IN OVER 75 DIFFERENT EDUCATIONAL SESSIONS. ADDITIONALLY, AT THE 2017 PEDIATRIC HOSPITAL MEDICINE ANNUAL MEETING THERE WERE OVER 310 PARTICIPANTS IN THE POSTER SESSION THAT SHOWCASES AREAS OF EDUCATION, CLINICAL, AND QUALITY IMPROVEMENT.OTHER EDUCATION INITIATIVESLEADERSHIP ACADEMY - SHM CONDUCTS A 3 PART EDUCATIONAL TRAINING COURSE THAT PREPARES PHYSICIANS FOR MANAGERIAL AND C-SUITE POSITIONS. THESE COURSES FOCUS ON PERSONAL, ORGANIZATIONAL AND TEAM SKILL DEVELOPMENT FOR THOSE LOOKING TO TRANSITION BEYOND THE CLINICAL ROLE. TO DATE, SHM HAS HAD OVER 1,500 GRADUATES OF THE LEADERSHIP ACADEMY.QSEA - IN RESPONSE TO CHANGING REQUIREMENTS FOR RESIDENCY TRAINING PROGRAMS AND INCREASING NEED FOR SYSTEMS-BASED COMPETENCY, SHM DEVELOPED A COURSE THAT PROVIDES INSTRUCTION AND GUIDANCE ON HOW TO TEACH TRAINEES (PRIMARILY RESIDENTS) QUALITY AND SAFETY TOPICS. THE QUALITY AND SAFETY EDUCATORS ACADEMY PROVIDES MEDICAL EDUCATORS WITH THE KNOWLEDGE AND TOOLS TO DEVELOP QUALITY IMPROVEMENT AND SAFETY CURRICULA AND LEAD NEW INITIATIVES IN CHANGING ENVIRONMENTS. THE QUALITY AND SAFETY EDUCATORS ACADEMY IS A 2-1/2 DAY ACADEMY DESIGNED AS A FACULTY DEVELOPMENT PROGRAM AND SPONSORED BY THE SOCIETY OF HOSPITAL MEDICINE (SHM) AND THE ALLIANCE FOR ACADEMIC INTERNALMEDICINE (AAIM). IT IS INTENDED FOR:- PROGRAM DIRECTORS OR ASSISTANT PROGRAM DIRECTORS INTERESTED IN ACQUIRING NEW CURRICULAR IDEAS TO HELP THEM MEET THE ACGME REQUIREMENTS WHICH REQUIRE RESIDENCY PROGRAMS TO INTEGRATE QUALITY AND SAFETY INTO THEIR CURRICULUM- MEDICAL SCHOOL LEADERS OR CLERKSHIP DIRECTORS DEVELOPING QUALITY AND SAFETY CURRICULA FOR STUDENTS- FACULTY WHO ARE BEGINNING A NEW ROLE OR EXPANDING AN EXISTING ROLE IN QUALITY AND SAFETY EDUCATION- QUALITY AND SAFETY LEADERS WHO WISH TO EXTEND THEIR INFLUENCE AND EFFECTIVENESS BY LEARNING STRATEGIES TO TEACH AND ENGAGE TRAINEESAHA- FOR SEVEN YEARS, SHM HAS CO-PRESENTED THE ACADEMIC HOSPITALIST ACADEMY, WHICH PROVIDES ACADEMIC HOSPITALISTS WITH THE EDUCATIONAL, SCHOLARLY AND PROFESSIONAL DEVELOPMENT SKILLS THEY NEED TO ADVANCE THEIR CAREERS AND BEGIN A PATHWAY TO SUCCESS IN ACADEMIC HOSPITAL MEDICINE. THE PRINCIPAL GOALS OF THE ACADEMY ARE TO:- DEVELOP JUNIOR ACADEMIC HOSPITALISTS AS THE PREMIER TEACHERS AND EDUCATIONAL LEADERS AT THEIR INSTITUTIONS- HELP ACADEMIC HOSPITALISTS DEVELOP SCHOLARLY WORK AND INCREASE SCHOLARLY OUTPUT- ENHANCE AWARENESS OF THE VALUE OF QUALITY IMPROVEMENT AND PATIENT SAFETY WORK- SUPPORT ACADEMIC PROMOTION OF ALL ATTENDEESSHM LEARNING PORTAL: IN 2013, SHM DEVELOPED A ROBUST DIGITAL LEARNING STRATEGY, INCLUDING INVESTING IN A LEARNING MANAGEMENT SYSTEM AND EXECUTING A NEEDS ASSESSMENT TO IDENTIFY KEY LEARNING AREAS FOR CONTENT DEVELOPMENT. SHM'S LEARNING PORTAL HAS ENGAGED OVER 9,500 HOSPITALISTS IN DIFFERENT CME ACTIVITIES, INCLUDING LIVE ACTIVITY EVALUATION, MAINTENANCE OF CERTIFICATION MEDICAL KNOWLEDGE MODULES AND OTHER CME ACTIVITIES. TOPICS COVER ADVOCACY, PRACTICE MANAGEMENT, QUALITY AND PATIENT SAFETY TOPICS AND ARE BASED ON THE HOSPITAL MEDICINE CORE COMPETENCIES AND CURRENT THEORIES IN ADULT LEARNING.SHM SPARK: SINCE 2010 THE AMERICAN BOARD OF INTERNAL MEDICINE (ABIM) AND THE AMERICAN BOARD OF FAMILY MEDICINE (ABFM) HAVE OFFERED THE FOCUSED PRACTICE IN HOSPITAL MEDICINE (FHPM) MAINTENANCE OF CERTIFICATION (MOC) PATHWAY. IN 2015, IN RESPONSE TO THE LACK OF COMPREHENSIVE STUDY AND SELF-ASSESSMENT MATERIALS TARGETED TOWARD THE FPHM RECERTIFICATION EXAM, SHM LAUNCHED THE FIRST VERSION OF SHM SPARK, AN ONLINE LEARNING AND EXAM PREPARATION TOOL. VERSION 1.0, LAUNCHED IN 2015 TARGETED THE 38% OF THE FPHM EXAM BLUEPRINT MOST UNIQUE TO HOSPITAL MEDICINE, INCLUDING PALLIATIVE CARE, PATIENT SAFETY, PERIOPERATIVE CARE AND CONSULTATIVE COMANAGMENT, AND QUALITY, COST, AND CLINICAL REASONING. A FULL VERSION WAS LAUNCHED IN JANUARY OF 2017, INCLUDING 100% OF RELEVANT INTERNAL MEDICINE CLINICAL CONTENT ON THE FPHM EXAM BLUEPRINT. 1336242 1160270 SITE-BASED DEMONSTRATION PROJECTSTHE CENTER FOR QUALITY IMPROVEMENT WAS CREATED TO PROMOTE INNOVATIVE AND EFFECTIVE METHODS FOR IMPROVING PATIENT CARE AND SUSTAINABLE OUTCOMES THROUGH QUALITY IMPROVEMENT AND PATIENT SAFETY INITIATIVES. THE CENTER DEVELOPS PROGRAMS AND RESOURCES TO SUPPORT HOSPITALISTS AND OTHER HOSPITAL CLINICIANS IN IMPROVING CARE AND SUSTAINING BETTER OUTCOMES FOR PATIENTS. IN 2011, SHM BECAME THE FIRST NATIONAL MEDICAL SOCIETY TO BE RECOGNIZED WITH THE EISENBERG AWARD. THE AWARD WAS GRANTED IN RECOGNITION OF SHM'S MENTORED IMPLEMENTATION MODEL WHICH HAS BEEN UTILIZED IN MORE THAN 500 HOSPITALS ACROSS THE COUNTRY. SHM'S CENTER FOR QI CURRENTLY MANAGES 20 QUALITY IMPROVEMENT PROGRAMS THAT PROVIDE KEY QUALITY AND PATIENT SAFETY RESOURCES INCLUDING WEB-BASED TRAINING TOOLKITS.IN FY2017, THE CENTER FOR QUALITY IMPROVEMENT CONTINUED TO SUPPORT A VARIETY OF PROJECTS ADDRESSING MULTIPLE TOPICS INCLUDING OPIOID STEWARDSHIP AND MONITORING, GLYCEMIC CONTROL, MEDICATION RECONCILIATION, STRATEGIES FOR THE SAFE USE OF HIGH RISK MEDICATIONS IN THE HOSPITAL AND IMPROVING HANDOFFS OF CARE. SHM'S MENTORED IMPLEMENTATION MODEL CONTINUES TO BE AN IMPORTANT MECHANISM FOR FACILITATING BOTH TECHNICAL AND CULTURAL CHANGE IN HOSPITALS ACROSS THE COUNTRY. THE CENTER CONTINUES TO RECEIVE REVENUE FROM A VARIETY OF FUNDERS.EXAMPLES OF SOME OF THE PROJECTS, CAMPAIGNS AND PROGRAMS WITHIN SHM'S CENTER FOR QUALITY IMPROVEMENT PORTFOLIO INCLUDE: - IMPROVING PAIN MANAGEMENT AND REDUCING ADVERSE EVENTS ASSOCIATED WITH OPIOIDS (RADEO)- MEDICATION RECONCILIATION (MARQUIS2)- FIGHT THE RESISTANCE ANTIBIOTIC STEWARDSHIP CAMPAIGN- GLYCEMIC CONTROL FOR INPATIENTS- TRANSITIONS OF CARE (PROJECT BOOST)- IMPROVING HANDOFFS OF CARE (I-PASS)- IMPROVING END-OF-LIFE CARE IN THE HOSPITAL- COPD MANAGEMENT- REDUCTION OF CAUTI AND CLABSI IN THE INTENSIVE CARE UNIT- PAIN MANAGEMENT 1659067 4763686 MEMBERSHIPSHM PROMOTES EXCEPTIONAL CARE FOR HOSPITALIZED PATIENTS. THE ORGANIZATION SUPPORTS AND ENHANCES THE PRACTICE OF HOSPITAL MEDICINE AND THE PATIENTS IT SERVES THROUGH A NETWORK OF MORE THAN 16,000 MEMBERS. SHM PROVIDES ITS MEMBERS WITH A RANGE OF PUBLICATIONS AND INFORMATION, INCLUDING BUT NOT LIMITED TO: THE HOSPITALIST (PUBLISHED MONTHLY), THE JOURNAL OF HOSPITAL MEDICINE (PUBLISHED MONTHLY), THE HOSPITAL LEADER BLOG, AND A VARIETY OF SPECIAL INTEREST COMMUNITY FORUMS AND REGIONAL CHAPTER NETWORKS. SHM HAS ALSO DEVELOPED A RANGE OF PRODUCTS AND SERVICES TO PROMOTE QUALITY IMPROVEMENT AND PRACTICE MANAGEMENT EFFICIENCY AS WELL AS COMPREHENSIVE EDUCATIONAL RESOURCES DESIGNED BY HOSPITALISTS FOR HOSPITALISTS TO ENSURE THAT PRACTITIONERS ARE UP TO DATE ON CLINICAL BEST PRACTICES. 9156843 1 1 0 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 150 0 1 58 1 0 0 0 0 0 0 0 0 0 0 X 12 12 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X TARA WATSON DIRECTOR OF FINANCE 2677022605 1500 SPRING GARDEN ST STE 501 PHILADELPHIA PA 19130 NASIM AFSAR PRESIDENT ELECT 1.00 X X 0 0 0 BRIAN HARTE IMMEDIATE PAST PRESIDENT 3.00 X X 7250 0 0 HOWARD R EPSTEIN SECRETARY 1.00 X X 0 0 0 JEFFREY J GLASHEEN BOARD MEMBER 1.00 X 0 0 0 RON GREENO PRESIDENT 2.00 X X 0 0 0 CHRISTOPHER FROST TREASURER 1.00 X 0 0 0 BRADLEY SHARPE BOARD MEMBER 1.00 X 1000 0 0 DANIELLE SCHEURER BOARD MEMBER 1.00 X 6000 0 0 PATRICK TORCSON BOARD MEMBER 1.00 X 0 0 0 TRACY CARDIN BOARD MEMBER 1.00 X 0 0 0 KRIS REHM BOARD MEMBER 1.00 X 0 0 0 RACHEL THOMPSON BOARD MEMBER 1.00 X 0 0 0 LAURENCE D WELLIKSON MD CHIEF EXECUTIVE OFFICER 40.00 X 699614 0 29034 TARA WATSON DIRECTOR OF FINANCE 40.00 X 100385 0 12455 JENNA GOLDSTEIN DIRECTOR, CHII 40.00 X 111077 0 5869 KRISTEN SCOTT DIRECTOR, BUSINESS DEVELOP 40.00 X 121846 0 3833 LISA ZOKS VP MARKETING AND COMMUNICATIONS 40.00 X 121192 0 22455 BETH HAWLEY COO 40.00 X 123750 0 12864 NATE GUYTON FORMER COO (THRU 8/16) 40.00 X 173558 0 13969 1465672 0 100479 8 1 1 0 JOHN WILEY & SONS PO BOX 416502 BOSTON MA 02241 PUBLISHING 335832 DISNEY DESTINATIONS PO BOX 403411 ATLANTA GA 30384 CONVENTION CENTER 207615 ROYAL PRODUCTIONS PO BOX 62600 NEW ORLEANS LA 70162 AUDIO-VISUAL EQUIP RENTAL 187539 MANCHESTER GRAND HYATT SAN DIEGO 1 MARKET PLACE SAN DIEGO CA 92101 CONVENTION CENTER 184577 PARADIGM DIGITAL COLOR GRAPHICS 105 JAMES WAY SOUTHAMPTON PA 18966 COMMERCIAL PRINTER 156012 9 293808 311250 605058 REGISTRATION FEES 541900 5556663 5556663 MEMBERSHIP FEES 541900 3579433 3579433 JOB FAIRS AND EXHIBITS 541900 1720602 1720602 QUALITY IMPROVEMENT REVENUE 541900 1140080 1140080 OTHER PROGRAM INCOME 541900 527452 527452 12524230 240794 240794 1093261 1093261 7027377 6428037 599340 599340 599340 15062683 13617491 0 840134 X 1195954 172525 1023429 3687445 3061681 625764 83963 65899 18064 598864 408702 190162 326325 217488 108837 4769 4769 24759 24759 1452178 916979 535199 343840 300335 43505 117749 42322 75427 961196 308087 653109 346933 346933 436884 270374 166510 3348581 3235589 112992 220435 220435 22374 22374 MERCHANT CREDIT CARD FE 277070 277070 SUBSCRIPTION FEES 104479 104479 TRAINING 94986 18390 76596 AWARDS 27579 27579 47923 6414 41509 13724286 9156843 4567443 0 142276 353331 2637831 2529980 231296 423742 247758 95688 3195225 2770468 326256 424757 3395669 7013740 6245019 3647218 58740 58740 13284845 14547196 1768673 1792591 3689641 3364801 91258 128849 5549572 5286241 X 7735273 9260955 7735273 9260955 13284845 14547196 1338397 250805 -63520 0 X X 0 1 X 0 0 X 2047123 672811 1506876 511177 605058 5343045 9169189 10286356 8817843 11120717 12524230 51918335 11216312 10959167 10324719 11631894 13129288 57261380 0 0 0 57261380 1736282 1159399 840695 1302473 1333786 6372635 1736282 1159399 840695 1302473 1333786 6372635 12952594 12118566 11165414 12934367 14463074 63634015 0.89990 0.89200 0.10010 0.10800 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1280940 2770468 -1489528 391044 391044 1523241 1523241 424757 ISHARES CORE US AGGREGATE BOND 1261162 F VANGUARD TOTAL BOND MARKET INDEX 1018684 F PNC GOVT MONEY MARKET 604001 C VANGUARD LARGE CAP 763371 F 3647218 DEFERRED RENT 128849 128849 X 14222549 0 14222549 840134 840134 15062683 13724286 0 13724286 0 13724286 PART X, LINE 2: THE INTERNAL REVENUE SERVICE HAS CLASSIFIED SHM AS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE ("CODE"); AS AN ORGANIZATION, CONTRIBUTIONS TO WHICH ARE DEDUCTIBLE UNDER SECTION 170(C) OF THE CODE; AND AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION AS DEFINED IN SECTION 509(A) OF THE CODE. U.S. GAAP REQUIRES MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN AND RECOGNIZE A TAX LIABILITY, IF THE ORGANIZATION HAS TAKEN AN UNCERTAIN TAX POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY A GOVERNMENT AUTHORITY. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE ORGANIZATION AND HAS CONCLUDED THAT AS OF SEPTEMBER 30, 2017 AND 2016, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE ORGANIZATION RECOGNIZES ACCRUED INTEREST AND PENALTIES ASSOCIATED WITH UNCERTAIN TAX POSITIONS, IF ANY. THERE WERE NO INCOME TAX RELATED INTEREST AND PENALTIES RECORDED FOR EITHER OF THE YEARS ENDED SEPTEMBER 30, 2017 OR 2016. PART XI, LINE 4B - OTHER ADJUSTMENTS: REALIZED GAIN 599,340. DIVIDEND AND INTEREST INCOME 240,794. X 1 0 X X 0 0 0 0 0 0 0 0 0 LAURENCE D WELLIKSON MD CHIEF EXECUTIVE OFFICER 620732 0 78882 0 0 0 15849 0 13185 0 728648 0 0 0 NATE GUYTON FORMER COO (THRU 8/16) 173558 0 0 0 0 0 5207 0 8762 0 187527 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B ONCE THE 990 IS COMPLETED BY THE TAX PREPARES, IT IS SHARED, REVIEWED AND DISCUSSED BY THE DIRECTOR OF FINANCE AND THE CEO. ONCE THE VERSION TO BE FILED IS FINALIZED, THE 990 IS SENT TO EACH OF THE 12 BOARD MEMBERS FOR REVIEW. THE BOARD IS THEN SOLICITED FOR INPUT AND QUESTIONS PRIOR TO FILING THE FORM 990. FORM 990, PART VI, SECTION B, LINE 12C SHM HAS A YEARLY POLICY REVIEW AT THE TIME OF THE ANNUAL AUDIT. THE BOARD RECEIVES A REPORT FROM ITS OUTSIDE AUDITORS IN WRITING AND ORALLY AS TO SHM'S CONTINUED COMPLIANCE WITH ALL POLICIES. FORM 990, PART VI, SECTION B, LINE 15 THE CEO COMPENSATION WAS DETERMINED FIRST BY THE EXECUTIVE COMMITTEE OF THE BOARD, INCLUDING REVIEWS OF THE CEO COMPENSATION ARRANGEMENTS OF SERVAL OTHER SIMILAR PROFESSIONAL MEDICAL ORGANIZATIONS. THIS INFORMATION IS THEN EXAMINED BY SHM'S LEGAL COUNSEL. FINALLY, THE COMPENSATION ARRANGEMENT IS APPROVED BY THE BOARD AND DOCUMENTED IN A WRITTEN CONTRACT. FORM 990, PART VI, SECTION C, LINE 19 SHM DIRECTS ANY REQUESTS FROM SHM MEMBERS OR OUTSIDE PARTIES TO GUIDESTAR.ORG WHICH POSTS SHM'S 990 AFTER FILING. SHM'S CONFLICT OF INTEREST POLICY IS POSTED ON SHM'S WEBSITE IN THE SECTION AVAILABLE TO THE PUBLIC. THE BYLAWS AND OTHER POLICY DOCUMENTS CAN ALSO BE FOUND IN THIS SECTION. FORM 1023 IS AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G BUSINESS CONSULTANTS: PROGRAM SERVICE EXPENSES 402,329. MANAGEMENT AND GENERAL EXPENSES 355,201. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 757,530. PROFESSIONAL EDITORS/WRITERS: PROGRAM SERVICE EXPENSES 128,492. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 128,492. EXPERT ADVISORS: PROGRAM SERVICE EXPENSES 268,088. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 268,088. OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 118,070. MANAGEMENT AND GENERAL EXPENSES 179,998. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 298,068. FORM 990, PART XII, LINE 2C THE FINANCE COMMITTEE, WHICH MEETS QUARTERLY THROUGHOUT THE YEAR, IS RESPONSIBLE FOR THE MONITORING OF THE FINANCIAL STATUS OF THE ORGANIZATION AND THE REPORTING OF ALL FINANCE MATTERS TO THE BOARD OF DIRECTORS. THIS PROCESS REMAINS UNCHANGED FROM THE PRIOR YEAR.