Lumetra Healthcare Solutions
- Assets
- $2.5m
- Revenue
- $1.9m
- Investments
- $0.0
- Employees
- 12
- Location
- Lake Success, NY
- Founding
- 03/1986
- Data as of
- 07/2021
- EIN
- 94-2918600
Organization Overview
Lumetra Healthcare Solutions is located in Lake Success, NY. The organization was established in 1986. According to its NTEE Classification (E19) the organization is classified as: Support N.E.C., under the broad grouping of Health Care and related organizations. As of 07/2021, Lumetra Healthcare Solutions employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lumetra Healthcare Solutions is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 07/2021, Lumetra Healthcare Solutions generated $1.9m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (11.0%) each year. All expenses for the organization totaled $2.3m during the year ending 07/2021. As we would expect to see with falling revenues, expenses have declined by (14.7%) per year over the past 6 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO DRIVE THE ADVANCEMENT OF THE HEALTHCARE BUSINESS THROUGH EVIDENCE-BASED, RELIABLE SOLUTIONS AND TECHNOLOGY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LUMETRA PROVIDES CLIENTS WITH A RANGE OF CLINICALLY-BASED, DATA-DRIVEN SERVICES THAT RESULT IN SUSTAINABLE IMPROVEMENTS (BETTER PATIENT OUTCOMES, LOWER COSTS, INCREASED REVENUE, AND LASTING IMPROVEMENTS.)OUR CLINICAL SERVICES UNIT OFFERS A VARIETY OF SERVICES THAT INCLUDE:- INDEPENDENT PEER REVIEW: COMPREHENSIVE, INDEPENDENT EXTERNAL PEER REVIEW- CLINICAL ANALYTICS: ASSESSMENT AND EVALUATION INCLUDING RESEARCH STUDY DESIGN, DATA ANALYSIS AND VALIDATION, COMPLIANCE AUDITS AND PERFORMANCE MONITORING AND SURVEILLANCE- PROGRAM MONITORING AND IMPROVEMENT: MONITORING, OVERSIGHT AND IMPROVEMENT ACTIVITIES FOR HEALTH PROGRAMS OUR INFORMATICS SERVICES OFFERS SERVICES THAT INCLUDE:- HEALTH INFORMATION EXCHANGE (HIE) PLANNING & IMPLEMENTATION SERVICES. INCLUDING DEFINING BEST PRACTICES FOR FUNCTIONAL HIE REQUIREMENTS.- ELECTRONIC HEALTH RECORD (EHR) OPTIMIZATION SERVICES. INCLUDING EHR SELECTION, IMPLEMENTATION AND MEANINGFUL USE ATTESTATION.- HEALTHCARE TRANSFORMATION SERVICES. INCLUDING PATIENT CENTERED MEDICAL HOME (PCMH) TECHNICAL ASSISTANCE AND ACCOUNTABLE CARE ORGANIZATION (ACO) IMPLEMENTATION SERVICES.- HEALTH INSURANCE EXCHANGE (HIX) PLANNING & IMPLEMENTATION. INCLUDING REQUIREMENTS DEFINITION AND PROJECT MANAGEMENT.- HEALTHCARE EDUCATION & OUTREACH. INCLUDING STAKEHOLDER OUTREACH.- CLINICAL DATA ANALYTICS. INCLUDING DATA MAPPING, BENCHMARKING, ANALYSIS AND MEASUREMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Patricia Daniel CEO (thru 1/21)/vp Clinical Services | Officer | 46 | $221,952 |
Cecilia Ramos Executive Director | Officer | 40 | $165,868 |
Michelle Heimann Dir. Quality Improvement Initiatives | 40 | $109,496 | |
Paul J Rowland Treasurer | OfficerTrustee | 0.1 | $0 |
Theodore O Will Executive Vice President | OfficerTrustee | 0.1 | $0 |
Ronald A Paynter MD Secretary | OfficerTrustee | 0.1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Prest Associates Physician Reviewers | 7/30/15 | $103,545 |
Fhas Inc Physician Reviewers | 7/30/15 | $127,804 |
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 | $1,925,798 |
| Investment income | $303 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,926,997 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $374,741 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $579,544 |
| Pension plan accruals and contributions | $27,988 |
| Other employee benefits | $49,609 |
| Payroll taxes | $69,392 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $4,438 |
| Fees for services: Accounting | $8,597 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $422,451 |
| Advertising and promotion | $0 |
| Office expenses | $91,770 |
| Information technology | $643 |
| Royalties | $0 |
| Occupancy | $90,746 |
| Travel | $359 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $748 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $6,384 |
| Insurance | $7,283 |
| All other expenses | $0 |
| Total functional expenses | $2,267,669 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,479,168 |
| Savings and temporary cash investments | $719,058 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $261,968 |
| 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 | $63,538 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,523,732 |
| Accounts payable and accrued expenses | $847,396 |
| Grants payable | $0 |
| Deferred revenue | $787,500 |
| 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 | $3,872,507 |
| Total liabilities | $5,507,403 |
| Net assets without donor restrictions | -$2,983,671 |
| 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 | $2,523,732 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Lumetra Healthcare Solutions has recieved totaling $39,600.
| Awarding Organization | Amount |
|---|---|
California Regional Extension Center Sacramento, CA PURPOSE: Certified electronic health records | $39,600 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Jewish Healthcare Foundation Of Pittsburgh Pittsburgh, PA | $167,156,555 | $15,944,425 |
North Shore-Lij Alliance Inc Westbury, NY | $6,390,042 | $18,631,414 |
St Josephs Health Center Properties Inc Syracuse, NY | $53,413,758 | $12,721,851 |
Keystonecare Wyndmoor, PA | $1,598,265 | $10,722,936 |
Nyu Langone Health System New York, NY | $245,971,553 | $8,933,478 |
Saint Barnabas Realty Development Corporation Oceanport, NJ | $105,536,952 | $4,843,393 |
Organon Patient Assistance Program Inc Jersey City, NJ | $0 | $8,297,106 |
Montefiore Hospital Housing Section Ii Inc Bronx, NY | $12,841,652 | $6,647,600 |
Healthcare Quality Strategies Inc East Brunswick, NJ | $11,662,499 | $3,252,425 |
Hudson Center For Health Equity And Quality Inc Tarrytown, NY | $2,027,375 | $2,100,690 |
Integriscript Inc Pittsfield, MA | $2,455,296 | $4,528,618 |
Greater Newark Health Care Coalition Inc West Orange, NJ | $3,098,945 | $4,640,919 |