PHOENIX, AZ
4 risk indicators measuring financial stability and operational resilience
Sign in with your work email to view Tuckman-Chang indicators
Sign In — Free (10 views/day)HEALTHCARE TRANSFORMATION INSTITUTE, founded in 2010, is a micro nonprofit in the Health Care sector that reported $2K in total revenue in fiscal year 2024. Revenue fell 96% from the prior year — a significant decline worth monitoring. Expenses of $141K exceeded revenue, resulting in a 7774% operating deficit.
THE HEALTHCARE TRANSFORMATION INSTITUTE HTI IS DEDICATED TO CREATING HEALTH VALUE BY IMPROVING HEALTH OUTCOMES, ACCESS TO HEALTH SERVICES, AND THE WAY PATIENT CARE IS DELIVERED. THE GOAL IS TO BETTER LINK SCIENTIFIC DISCOVERY, HEALTHCARE DELIVERY, AND THE REIMBURSEMENT FOR HEALTH SERVICES, TO ACHIEVE HIGH-VALUE PATIENT-CENTRIC CARE.
PROCESS IMPROVEMENT LEGAL. ALL COMMITTEES HAVE BEEN ENGAGED WITH MANY MEETINGS WITH THESE GOALS AT THIS TIME ESTABLISHING A LIST OF PRIORITIZED AREAS FOR IMPROVING THE CARE OF PATIENTS IN THREE...
PROCESS IMPROVEMENT LEGAL. ALL COMMITTEES HAVE BEEN ENGAGED WITH MANY MEETINGS WITH THESE GOALS AT THIS TIME ESTABLISHING A LIST OF PRIORITIZED AREAS FOR IMPROVING THE CARE OF PATIENTS IN THREE DOMAINS ENTRY TO THE ED, ED WORKFLOWS, AND EXIT/DISPOSITION OF THE PATIENT DEVELOPING THE LEGAL DOCUMENTS NON-DISCLOSURE AGREEMENTS AND DATA SHARING AGREEMENTS PREPARING IRB PROTOCOLS FOR APPROVAL ANTICIPATE AGREEING ON LAUNCHING QUALITY IMPROVEMENT PROJECTS BY THE END OF THE YEARS. THESE PROJECTS WILL BE OF TWO TYPES HOSPITAL SPECIFIC INTERNAL QUALITY IMPROVEMENT AND WORKFLOW PROJECTS AND BROADER PROJECT THAT WILL REQUIRE INTERACTION WITH EXTERNAL SYSTEMS IN COLLABORATION WITH THE HOSPITALS FIRST RESPONDERS PRIMARY CARE ORGANIZATIONS STABILIZATION CENTERS, PRIVATE PSYCHIATRIC HOSPITALS AZ MEDICAID AND OTHER INSURERS AND DEVELOPING NEW MODELS OF CARE AND PAYMENTS.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
Sign in to view Trantor Score and financial metrics
Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $1,787 | $50,235 | -1.0% |
| Expenses | $140,703 | $161,557 | -0.1% |
| Net Income | $-138,916 | $-111,322 | +0.2% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
Sign in to view all financial metrics
Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| DENIS A CORTESE MD | PRESIDENT | 010.00 |
Officer
Director
|
$0 | $0 | $0 |
| ROBERT K SMOLDT MBA | TREASURER | 002.00 |
Officer
Director
|
$0 | $0 | $0 |
| MINDY J FAIN MD | SECRETARY | 002.00 |
Officer
Director
|
$0 | $0 | $0 |
| MICHAEL M CROW PHD | DIRECTOR | 002.00 |
Director
|
$0 | $0 | $0 |
| PHILLIP B GORDON | DIRECTOR | 002.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $1,787 | $140,703 | $311,652 | $-138,916 |
| 2024 | $50,235 | $161,557 | $450,568 | $-111,322 |
| 2023 | $277,648 | $52,096 | $561,890 | $225,552 |
Compare HEALTHCARE TRANSFORMATION INSTITUTE with other nonprofits in Arizona and across the country.