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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Diseases, Disorders & Medical Institute for Healthcare Optimization Inc.

Institute for Healthcare Optimization Inc.

Fiscal year ending 2024. Filed on March 4, 2025.

101 Great Road 105
Bedford, Massachusetts 01730

Institute for Healthcare Optimization Inc. (EIN: 27-0373299) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Institute for Healthcare Optimization Inc., a 501(c)(3) charitable organization, reported compensation for 6 out of 13 total employees. Among the employees shown here, the average compensation is $250,363. The highest compensated employee at Institute for Healthcare Optimization Inc. is Eugene Litvak, Ph.D. with fiscal year 2024 compensation of $649,826.

Revenue, expenses, and employee compensation

Revenue

$2,861,074

Expenses

$2,350,807

Employee compensation

$1,883,197
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Eugene Litvak, Ph.D.
President and Treasurer and Director
$649,826
$624,477 No related comp$25,349
Muhund Chandramohan
Director of Simulation and Analytics
$251,172
$223,345 No related comp$27,827
Cheri Ward
Senior Vice President
$246,575
$245,516 No related comp$1,059
Amy Parrella
Clerk and Executive Assistant
$134,028
$131,583 No related comp$2,445
Julia Krol
Vice President
$118,410
$117,206 No related comp$1,204
Hakmeng Kang Former Clerk
Vp-Strategic Partnersh (Left 2/10/23)
$102,165
$100,109 No related comp$2,056

Benchmark Employee Compensation

Non-Employee Board Members

Ellis M Knight, M.D.
Director
William P Pierskalla, Ph.D.
Director

Contractors

Cliftonlarsonallen LLP
Accounting and Financial
$115,412

Mission Statement

TO IMPROVE THE HEALTHCARE DELIVERY SYSTEM BY THE APPLICATION OF OPERATIONS MGT. TECHNIQUES.

Revisions to this organization profile

March 4, 2025:
2024 Institute for Healthcare Optimization Inc. 990 filed
March 14, 2024:
2023 Institute for Healthcare Optimization Inc. 990 filed
March 15, 2023:
2022 Institute for Healthcare Optimization Inc. 990 filed

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