Overview
What is Healthcare Regulatory Research Institute?
The Healthcare Regulatory Research Institute (HRRI) is a nonprofit organization situated in Alexandria, Virginia. Its primary mission is to safeguard public trust in healthcare by conducting regulatory research and collaborating with strategic partners to promote evidence-based healthcare regulation. In 2022, HRRI worked with seven national organizations to develop the Cross-Profession Minimum Data Set (CPMDS). This tool is crucial for collecting and sharing data on the healthcare workforce in a consistent and comparable manner, aiding in policy and program development to address workforce shortages. HRRI's vision is to establish a world where regulation ensures individuals can rely on the provided healthcare.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 54%, One-Star out of Four Star rating.
The Healthcare Regulatory Research Institute has received a low score of 54% on Charity Navigator, indicating significant areas for improvement in its accountability and finance practices. While the organization excels in governance with a fully independent board and strong policies related to conflicts of interest and whistleblowing, its financial metrics raise concerns. Notably, the program expense ratio is reported at 0.00%, suggesting that the organization may not be effectively allocating resources towards its stated mission.
Additionally, the organization has not posted its tax form on its website, which is a key transparency measure. The liabilities to assets ratio is also notably poor at 0.16%, indicating potential financial instability. While the governance structure appears to be solid, the financial health and transparency of the organization are pressing issues that need to be addressed to improve overall credibility and effectiveness.
Overall, while the Healthcare Regulatory Research Institute demonstrates strong governance practices, its financial performance and transparency are critical areas that need immediate attention to enhance its operational integrity and community trust.
This AI summary has been generated from information found on Charity Navigator.
Is Healthcare Regulatory Research Institute legitimate?
Healthcare Regulatory Research Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. Healthcare Regulatory Research Institute submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Healthcare Regulatory Research Institute?
The Healthcare Regulatory Research Institute's mission is to safeguard public health by conducting regulatory research and fostering collaborative partnerships. Their vision is to establish a world where regulations ensure that individuals can rely on the healthcare they receive. The Institute recently collaborated with researchers to develop the Cross-Profession Minimum Data Set (CPMDS) in 2022. This tool is crucial for collecting and sharing consistent and comparable data on the healthcare workforce, which is essential for addressing workforce shortages and informing policy and programs. The CPMDS was developed in 2022 in conjunction with seven national organizations, reviewing existing survey tools and preparing a resource for federal, state, and local governments, organizations, and researchers. Wide adoption of the CPMDS is crucial for its success.
Who is the CEO of Healthcare Regulatory Research Institute?
Linda Michelsen is the President of Healthcare Regulatory Research Institute. The CEO's salary of Healthcare Regulatory Research Institute is $0 and their total compensation is $913,830.
What is the revenue of Healthcare Regulatory Research Institute?
Healthcare Regulatory Research Institute's revenue in 2022 was $184,053.
Who are the executives of Healthcare Regulatory Research Institute and what are their salaries?
Here are 11 key members and their salaries (Healthcare Regulatory Research Institute's CEO's salary is $0 and their total compensation is $913,830):
- Compensation: $0
- Related: $9,333
- Other: $0
- Compensation: $0
- Related: $1,333
- Other: $0
- Compensation: $0
- Related: $8,000
- Other: $0
- Compensation: $0
- Related: $8,000
- Other: $0
- Compensation: $0
- Related: $8,000
- Other: $0
- Compensation: $0
- Related: $8,000
- Other: $0
- Compensation: $0
- Related: $8,000
- Other: $0
- Compensation: $0
- Related: $8,000
- Other: $0
- Compensation: $0
- Related: $687,973
- Other: $225,857
- Compensation: $0
- Related: $302,128
- Other: $109,479
- Compensation: $0
- Related: $13,333
- Other: $0
Where can I find the form 990 for Healthcare Regulatory Research Institute?
Healthcare Regulatory Research Institute's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Healthcare Regulatory Research Institute
The Healthcare Regulatory Research Institute (HRRI) is committed to safeguarding public trust in healthcare provision by promoting evidence-based healthcare regulation. To achieve this mission, the institute engages in collaborative research and exchanges with strategic partners. HRRI's ultimate vision is a world where regulation ensures that people can rely on the quality of healthcare they receive. In 2022, HRRI collaborated with seven national organizations to develop the Cross-Profession Minimum Data Set (CPMDS). This critical tool is essential for collecting and sharing data on the healthcare workforce in a consistent and comparable manner. The CPMDS is instrumental in informing policy and programs aimed at addressing workforce shortages. The successful implementation and widespread adoption of the CPMDS are crucial to its success.
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Impact
October, 2024
The Healthcare Regulatory Research Institute plays a pivotal role in enhancing public trust in the healthcare system through regulatory research and strategic partnerships. By focusing on evidence-based healthcare regulation, the Institute ensures that healthcare policies are informed by accurate and comprehensive data.
One of its significant contributions is the development of the Cross-Profession Minimum Data Set (CPMDS) in 2022, a critical tool designed to standardize the collection and sharing of data regarding the healthcare workforce. This tool not only facilitates a consistent approach to understanding workforce dynamics but also serves as a vital resource for policymakers at all levels—federal, state, and local.
Through collaborations with seven national organizations, the CPMDS aims to address workforce shortages by providing insights that can lead to more effective programs and policies. The endorsement and widespread adoption of this data set is crucial for its effectiveness and impact, ultimately leading to better healthcare delivery and regulation.
In summary, the Healthcare Regulatory Research Institute significantly influences healthcare regulation by fostering collaboration, enhancing workforce data collection, and promoting informed policymaking to ensure that the public can trust the healthcare services they receive.
This information is meant to be a general summary of Healthcare Regulatory Research Institute. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $184,053
- Gross Receipts: $184,053
Assets and Liabilities:
- Total Assets: $12,776,608
- Total Liabilities: $21,544
- Net Assets: $12,755,064
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Organization Details
Founding Year
2017
Phone
(703) 299-3100Principal Officer
Linda Michelsen
Main Address
124 WEST STREET SOUTH 3RD FLOOR, ALEXANDRIA, VA, 22314
NTEE Category
Code: H11 - Medical research
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