Health Quality Innovators
- Assets
- $20.4m
- Revenue
- $16.4m
- Investments
- $0.0
- Employees
- 80
- Location
- Richmond, VA
- Founding
- 08/1985
- Data as of
- 09/2023
- EIN
- 54-1264320
Organization Overview
Health Quality Innovators is located in Richmond, VA. The organization was established in 1985. As of 09/2023, Health Quality Innovators employed 80 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Health Quality Innovators is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 09/2023, Health Quality Innovators generated $16.4m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.8% each year . All expenses for the organization totaled $12.4m during the year ending 09/2023. While expenses have increased by 7.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
CREATE SOLUTIONS THAT MAKE A MEASURABLE DIFFERENCE ON INDIVIDUAL AND COMMUNITY HEALTH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HQI LEADS FEDERALLY FUNDED HEALTHCARE QUALITY IMPROVEMENT INITIATIVES WITH DISADVANTAGED AND LOWER-PERFORMING PROVIDERS, INCLUDING MORE THAN 1,000 NURSING HOMES AND 119 HOSPITALS ADVANCING CLINICAL AND OPERATIONAL PERFORMANCE. WE ALSO ENGAGE POPULATION HEALTH STAKEHOLDERS IN COMMUNITIES THAT HAVE HIGHER RATES OF CHRONIC DISEASE AND FEWER RESOURCES. HQI HELPS HOSPITALS IN 23 STATES AND TERRITORIES DECREASE AVOIDABLE PATIENT HARMS, SUCH AS SEPSIS, AND HAS ACCELERATED MORE EFFECTIVE INFECTION PREVENTION IN NURSING HOMES. OUR WORK IN COMMUNITIES HELPS TO IMPROVE CARE COORDINATION, DECREASE ADVERSE DRUG EVENTS AND INCREASE THE PREVENTION AND CONTROL OF DIABETES AND HYPERTENSION FOR MORE THAN 3.4 MILLION PEOPLE WITH MEDICARE.
HQI LEADS SEVERAL FEDERAL, STATE AND LOCAL GRANT EFFORTS ON A VARIETY OF TOPICS INCLUDING: TO ASSIST THOSE WITH UN-MET HEALTH-RELATED SOCIAL NEEDS; ASSESSING AND TRAINING EMPLOYEES IN HEALTH CARE AND NON-HEALTH-CARE SETTINGS ON INFECTION PREVENTION TOPICS; IMPROVING CHRONIC DISEASE SELF-MANAGEMENT BY INDIVIDUALS WITH CONDITIONS SUCH AS DIABETES AND HEART DISEASE; INVESTIGATING THE USE OF COMMUNITY HEALTH WORKERS TO SUPPORT THE COVID-19 RESPONSE AND EDUCATING/ENGAGING PEOPLE WITH CHRONIC DISEASE TO IMPROVE THEIR HEALTH; FACILITATING ACTIVITY-BASED PROGRAMS IN THE NURSING HOME SETTING DESIGNED TO IMPROVE RESIDENT COGNITIVE FUNCTION; AND IMPROVING OBSTETRIC AND POST-PARTUM MATERNAL AND INFANT CARE PARTICULARLY IN VULNERABLE POPULATIONS.
HQI IS FUNDED TO: HELP RESOLVE DISPUTES BETWEEN LONG-TERM CARE FACILITIES AND A STATE SURVEY AGENCY INSPECTION FINDINGS; HELP PRIMARY CARE PRACTICES REFER MORE PATIENTS TO DIABETES PREVENTION AND MANAGEMENT PROGRAMS; HELP EDUCATE PROVIDERS TO RECOGNIZE AND ENGAGE PATIENTS INCREASE HEALTH LITERACY, IMPROVE VACCINATION STATUSES, AND SCREEN THEM FOR SOCIAL DETERMINANTS OF HEALTH; HELP PHYSICIAN PRACTICES PERFORM PRIVACY AND SECURITY RISK ASSESSMENTS, OPTIMIZE USE OF ELECTRONIC HEALTH RECORD SYSTEMS, AND IMPLEMENT OFFICE PROCEDURAL CHANGES THAT ADVANCE PATIENT SAFETY, IMPROVE CARE AND JOB SATISFACTION FOR PATIENTS AND PRACTICES RESPECTIVELY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Horrocks Chairman | OfficerTrustee | 1 | $800 |
Kurt Proctor PHD Rph Vice Chairman | OfficerTrustee | 1 | $800 |
Clifton Porter Secretary & Treasurer | OfficerTrustee | 1 | $600 |
F Ellen Netting Board Member | Trustee | 1 | $600 |
Jan Clement Board Member - Through 1/2023 | Trustee | 1 | $800 |
Dr Greg Laiben Board Member - Through 3/2023 | Trustee | 1 | $600 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Constellation Quality Health Project Consulting Services | 9/29/23 | $614,922 |
Kansas Foundation For Medical Care Project Consulting Services | 9/29/23 | $374,823 |
Leaderstat Temporary Staffing | 9/29/23 | $280,021 |
Maxim Healthcare Staffing Services Inc Temporary Staffing | 9/29/23 | $229,990 |
Kansas Healthcare Collaborative Project Consulting Services | 9/29/23 | $151,215 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $15,999,064 |
| Investment income | $527,622 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$140,104 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $16,386,582 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $15,808 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $935,112 |
| Compensation of current officers, directors, key employees. | $14,030 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,707,687 |
| Pension plan accruals and contributions | $484,365 |
| Other employee benefits | $1,553,919 |
| Payroll taxes | $460,382 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $5,891 |
| Fees for services: Accounting | $54,307 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $36,788 |
| Fees for services: Other | $3,164,022 |
| Advertising and promotion | $0 |
| Office expenses | $269,144 |
| Information technology | $73,560 |
| Royalties | $0 |
| Occupancy | $25,996 |
| Travel | $93,389 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $26,630 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $448 |
| Insurance | $64,554 |
| All other expenses | $27,451 |
| Total functional expenses | $12,388,339 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $8,731,788 |
| Pledges and grants receivable | $1,753,397 |
| Accounts receivable, net | $949,833 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $48,240 |
| Net Land, buildings, and equipment | $95 |
| Investments—publicly traded securities | $8,927,379 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $20,410,732 |
| Accounts payable and accrued expenses | $1,474,209 |
| Grants payable | $0 |
| Deferred revenue | $206,116 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,680,325 |
| Net assets without donor restrictions | $18,730,407 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $20,410,732 |
Grants Awarded
Over the last fiscal year, Health Quality Innovators has awarded $48,823 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
RICHMOND BEHAVIORAL HEALTH AUTHORITY PURPOSE: SCREENED AND NAVIGATED MEDICAID/MEDICARE BENEFICIARIES WITH NEEDS ASSOCIATED WITH SOCIAL DETERMINANTS OF HEALTH (SHELTER, FOOD, TRANSPORTAION, UTILITIES, DOMESTIC VIOLENCE ISSUES) TO AVAILABLE COMMUNITY RESOURCES | $12,600 |
NATIONAL PERINATAL INFORMATION CENTER PURPOSE: PERINATAL DATA COLLECTION SME | $5,688 |
VIRGINIA COMMONWEALTH UNIVERSITY PURPOSE: SCREENED AND NAVIGATED MEDICAID/MEDICARE BENEFICIARIES WITH NEEDS ASSOCIATED WITH SOCIAL DETERMINANTS OF HEALTH (SHELTER, FOOD, TRANSPORTAION, UTILITIES, DOMESTIC VIOLENCE ISSUES) TO AVAILABLE COMMUNITY RESOURCES | $30,535 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Business Group On Health Washington, DC | $32,207,041 | $12,420,089 |
Health Quality Innovators Richmond, VA | $20,410,732 | $16,386,582 |
Academy Health Washington, DC | $15,559,119 | $12,169,245 |
Academy Of Communication In Healthcare Inc Lexington, KY | $1,187,538 | $1,595,330 |
Association For Prevention Teaching And Research Washington, DC | $896,162 | $918,289 |
David A Winston Health Policy Fellowship Washington, DC | $4,528,323 | $704,964 |
North Carolina Academy Of Family Physicians Foundation Raleigh, NC | $3,435,794 | $1,070,113 |
Progressive Healthcare Providers Inc Collierville, TN | $287,085 | $260,986 |
Auxiliary To The National Medical Association Inc Silver Spring, MD | $210,232 | $0 |
Arthroplasty Foundation Inc Louisville, KY | $45,977 | $0 |
Asheville Medical Research Corporation Asheville, NC | $155,622 | $98,949 |
Medical Staff Of The Baltimore County General Hospital Randallstown, MD | $174,274 | $0 |
Rockburn Institute Inc Elkridge, MD | $0 | $49,833 |