ALEXANDRIA, VA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)HEALTHCARE REGULATORY RESEARCH INSTITUTE, founded in 2017, is a mid-sized nonprofit in the Medical Research sector that reported $12.9M in total revenue in fiscal year 2023. Revenue surged 6914% from the prior year, signaling strong growth momentum. The organization ran a surplus of $12.7M, a strong 98% operating margin.
THE HEALTHCARE REGULATORY RESEARCH INSTITUTE'S MISSION IS TO PROTECT THE PUBLIC THROUGH REGULATORY RESEARCH AND COLLABORATIVE EXCHANGE WITH STRATEGIC PARTNERS TO PROMOTE EVIDENCE-BASED HEALTHCARE REGULATION. HRRI'S VISION IS A WORLD IN WHICH REGULATION ENSURE PEOPLE (SEE SCH O) CAN TRUST THE HEALTHCARE THAT IS PROVIDED.
HRRI CONTRACTED WITH A HEALTH POLICY CONSULTANT (CATHERINE DOWER) TO CONDUCT RESEARCH TO HELP IDENTIFY STRENGTHS AND OPPORTUNITIES AMONG THE PHYSICAL THERAPY BOARDS IN TERMS OF COMMUNICATING...
HRRI CONTRACTED WITH A HEALTH POLICY CONSULTANT (CATHERINE DOWER) TO CONDUCT RESEARCH TO HELP IDENTIFY STRENGTHS AND OPPORTUNITIES AMONG THE PHYSICAL THERAPY BOARDS IN TERMS OF COMMUNICATING INFORMATION REGARDING SEXUAL MISCONDUCT BY PHYSICAL THERAPIST AND PHYSICAL THERAPIST ASSISTANTS. THE REPORT AND ACCOMPANYING MATERIALS AND RESOURCES BUILD ON EFFORTS OF THE FSBPT SEXUAL MISCONDUCT AND BOUNDARIES COMMITTEE AND ARE MODELED ON WORK PUBLISHED BY THE INFORMED PATIENT INSTITUTE AND PATIENT SAFETY ACTION NETWORK. THE FULL REPORT IS AVAILABLE ON HRRI.ORG.CATHERINE DOWER WAS ALSO USED TO DEVELOP A PAPER TO SUMMARIZE ISSUES SURROUNDING RE-ENTRY TO CLINICAL PRACTICE FOR PHYSICAL THERAPISTS AND PHYSICAL THERAPIST ASSISTANTS; TO OFFER A THEORETICAL MODEL FOR REGULATORY BOARDS TO UNDERSTAND THE ASSOCIATED CHALLENGES, OPPORTUNITIES AND DECISION OPTIONS THAT ARE FAIR TO LICENSEES WHILE PROTECTING THE PUBLIC; AND TO PROVIDE PRACTICAL AND USER-FRIENDLY GUIDANCE FOR BOARDS TO FACILITATE RE-ENTRY TO PRACTICE FOR PRACTITIONERS THROUGH SOUND POLICIES AND PROCEDURES. SHE WILL PARTNER WITH ZACH HAMBRICK FROM MICHIGAN STATE ON THIS RESEARCH. THE WORK OF THESE RESEARCHERS WILL CONTINUE INTO 2024.
HRRI IDENTIFIED AND SECURED A HEALTH WORKFORCE POLICY RESEARCHER FROM INDIANA UNIVERSITY (HANNAH MAXEY, VERITAS HEALTH SOLUTIONS) TO LEAD THE MULTIDISCIPLINARY HEALTHCARE WORKFORCE TASK FORCE CREATED...
HRRI IDENTIFIED AND SECURED A HEALTH WORKFORCE POLICY RESEARCHER FROM INDIANA UNIVERSITY (HANNAH MAXEY, VERITAS HEALTH SOLUTIONS) TO LEAD THE MULTIDISCIPLINARY HEALTHCARE WORKFORCE TASK FORCE CREATED BY THE HEALTH CARE REGULATION CEO GROUP AND STAFFED BY THEIR DELEGATES. THE TASK FORCE DEVELOPED A CROSS-PROFESSION MINIMUM DATA SET TOOL (CPMDS) TO FACILITATE THE COLLECTION OF HEALTHCARE WORKFORCE INFORMATION. THE CPMDS IS A CRITICAL TOOL FOR COLLECTING AND SHARING DATA ON THE HEALTHCARE WORKFORCE IN A CONSISTENT AND COMPARABLE WAY. IT IS ESSENTIAL FOR INFORMING POLICY AND PROGRAMS TO ADDRESS WORKFORCE SHORTAGES. THE CPMDS WAS DEVELOPED IN CONJUNCTION WITH SEVEN NATIONAL HEALTHCARE REGULATORY ORGANIZATIONS TO REVIEW EXISTING SURVEY TOOLS AND PREPARE A RESOURCE FOR FEDERAL, STATE, AND LOCAL GOVERNMENTS, ORGANIZATIONS, AND RESEARCHERS. THE CPMDS AND THE ROADMAP FOR IMPLEMENTATION WERE COMPLETED IN 2023 AND PUBLISHED TO THE HRRI.ORG WEBSITE.
HRRI CONTRACTED WITH HUMAN RESOURCES RESEARCH ORGANIZATION (HUMRRO) TO LEARN MORE ABOUT THE DEMOGRAPHICS OF CLINICIANS WHO STEP AWAY FROM PRACTICE AND THEN RE-ENTER THE PROFESSION. HUMRRO CONTINUED...
HRRI CONTRACTED WITH HUMAN RESOURCES RESEARCH ORGANIZATION (HUMRRO) TO LEARN MORE ABOUT THE DEMOGRAPHICS OF CLINICIANS WHO STEP AWAY FROM PRACTICE AND THEN RE-ENTER THE PROFESSION. HUMRRO CONTINUED ITS WORK FROM 2022 BY ADDING ADDITIONAL QUESTIONS TO THE NPTE PRACTICE ANALYSIS SURVEYS TO IDENTIFY AND SEE WHAT QUANTITATIVE INFORMATION COULD BE LEARNED FROM THOSE INDIVIDUALS WHO REPORTED STEPPING AWAY FROM PRACTICE FOR A PERIOD OF TIME. THIS WORK WILL ALSO CARRY OVER INTO 2024. HUMRRO WAS ALSO COMMISSIONED TO CONDUCT QUALITATIVE INTERVIEWS TO LEARN MORE ABOUT THE INDIVIDUALS WHO LEAVE THE PROFESSION ONLY TO RETURN SOMETIME LATER. THIS RESEARCH WILL ALSO CONTINUE INTO 2024. FINALLY, HRRI PARTNERED WITH HUMRRO TO EVALUATE THE FEASIBILITY OF COMPUTER-AUTOMATED METHODS FOR DETECTING SIMILARITIES AND DIFFERENCES AMONG THE LAWS, RULES, AND REGULATIONS (LLRS) GOVERNING THE PRACTICE OF PHYSICAL THERAPY (PT) ACROSS THE FEDERATION OF STATE BOARDS OF PHYSICAL THERAPY'S (FSBPT) MEMBER JURISDICTIONS. SPECIFICALLY, HRRI ASKED HUMRRO TO EXPLORE WHETHER NATURAL LANGUAGE PROCESSING (NLP) TECHNIQUES COULD HELP AUTOMATE COMPARISONS OF LRRS ACROSS JURISDICTIONS. BASED ON HUMRRO'S FEASIBILITY EVALUATION AND INSIGHTS DEVELOPED BY WORKING WITH THE JURISDICTIONS' LRRS, HUMRRO SUSPECTS THAT HRRI MIGHT BE BETTER SERVED BY DEVELOPING COMPARISONS BETWEEN JURISDICTIONS LRRS THROUGH MORE CONVENTIONAL MEANS. THE NLP ANALYSES HUMRRO INVESTIGATED IN THIS RESEARCH CAN IDENTIFY RELATED TEXT, BUT THEY REQUIRE MORE RESOURCES THAN THEIR RESULTS MIGHT BE ABLE TO JUSTIFY.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $12,909,728 | $184,053 | +69.1% |
| Expenses | $249,725 | $115,330 | +1.2% |
| Net Income | $12,660,003 | $68,723 | +183.2% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| DAVID RELLING | PRESIDENT | 0.25 |
Officer
Director
|
$0 | $0 | $16,000 |
| MICHELE THORMAN | VICE PRESIDENT | 0.25 |
Officer
Director
|
$0 | $0 | $8,000 |
| RUGGIERO CANIZARES | TREASURER | 0.25 |
Officer
Director
|
$0 | $0 | $8,000 |
| CINDY POTTER | SECRETARY | 0.25 |
Officer
Director
|
$0 | $0 | $8,000 |
| ELLEN KROOG DONALD | DIRECTOR | 0.25 |
Director
|
$0 | $0 | $8,000 |
| JONI KALIS | DIRECTOR | 0.25 |
Director
|
$0 | $0 | $6,667 |
| ADRIENNE PRICE | DIRECTOR | 0.25 |
Director
|
$0 | $0 | $6,667 |
| CHARLES REITER | PUBLIC MEMBER | 0.25 |
Director
|
$0 | $0 | $8,000 |
| STEVEN SCHERGER | DIRECTOR | 0.25 |
Director
|
$0 | $0 | $1,333 |
| MICHELLE SIGMUND-GAINES | DIRECTOR | 0.25 |
Director
|
$0 | $0 | $1,333 |
| WILLIAM HATHERHILL | CEO | 1.00 |
Officer
|
$0 | $249,211 | $1,322,837 |
| LINDA MICHELSEN | CFO | 1.00 |
Officer
|
$0 | $114,648 | $431,528 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $12,909,728 | $249,725 | $27,177,202 | $12,660,003 |
| 2022 | $184,053 | $115,330 | $12,776,608 | $68,723 |
| 2021 | $6,137,611 | $49,361 | $14,409,589 | $6,088,250 |
| 2020 | $3,753,507 | $48,637 | $7,569,783 | $3,704,870 |
| 2019 | $2,515,268 | $64,330 | $3,538,873 | $2,450,938 |
| 2018 | $27,987 | $4,156 | $945,266 | $23,831 |
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