MQA FY 13/14 Annual Report

Table 16: Projected Cash Balances (continued)

Profession

Projected

Cash Balance

2014-2015

Projected

Cash Balance

2015-2016

Projected

Cash Balance

2016-2017

Projected

Cash Balance

2017-2018

Projected

Cash Balance

2018-2019

Projected

Cash Balance

2019-2020

Clinical Laboratory Personnel

$394,470

$225,896

$717,475

$536,101

$1,000,539

$794,265

Certified Nursing Assistant (CNA)

$(394,180)

$(269,191)

$320,831

$364,556

$813,390

$699,019

Certified Master Social Worker

$(129,066)

$(129,826)

$(129,414)

$(130,188)

$(129,780)

$(130,583)

Clinical Social Work, Marriage and Family Therapy

and Mental Health Counseling

$2,335,069

$958,040

$2,646,544

$1,233,658

$2,849,550

$1,366,907

Dentistry

$(2,313,907)

$(1,355,487)

$(3,794,878)

$(2,900,296)

$(5,446,935)

$(4,676,548)

Dental Hygienist

$479,562

$1,197,081

$899,739

$1,606,372

$1,295,766

$1,981,222

Dental Labs

$204,194

$365,909

$341,996

$502,542

$477,344

$635,614

Dietetics & Nutrition

$304,472

$159,354

$391,302

$242,070

$466,435

$309,198

Electrolysis

$(716,280)

$(733,582)

$(911,607)

$(933,074)

$(1,120,016)

$(1,149,585)

EMS (EMT & PMD)

$(3,636,089)

$(4,613,975)

$(3,745,101)

$(4,746,281)

$(3,929,060)

$(4,975,557)

Hearing Aid Specialist

$196,027

$70,610

$358,148

$229,329

$508,654

$373,216

Massage Therapy

$(3,129,049)

$(2,475,348)

$(4,839,876)

$(4,263,262)

$(6,768,627)

$(6,341,983)

Medical Physicists

$115,545

$102,888

$147,241

$133,847

$176,026

$161,199

Medicine

$5,517,909

$2,394,873

$3,403,236

$3,414,305

$3,832,818

$3,226,143

Midwifery

$(912,265)

$(918,033)

$(967,155)

$(974,537)

$(1,025,684)

$(1,036,203)

Naturopathy

$(306,497)

$(307,944)

$(309,075)

$(310,546)

$(311,715)

$(313,236)

Nursing

$4,409,898

$6,443,964

$7,852,041

$9,609,410

$10,462,599

$11,681,666

Nursing Home Administration

$160,921

$29,693

$267,401

$130,938

$354,379

$207,732

Occupational Therapy

$530,202

$317,496

$740,756

$519,646

$923,803

$686,344

Opticianry

$341,867

$(83,103)

$(99,553)

$(532,937)

$(567,566)

$(1,017,318)

Optometry

$713,532

$374,326

$616,592

$268,922

$482,235

$118,100

Orthotists & Prosthetists

$38,634

$327,504

$252,091

$537,579

$454,861

$733,772

Osteopathic Medicine

$559,540

$1,526,417

$361,321

$1,290,684

$63,489

$919,871

Pharmacy

$(702,318)

$329,736

$(133,043)

$786,820

$94,188

$795,789

Physical Therapy

$116,467

$887,427

$298,384

$1,046,054

$421,838

$1,124,198

Physician Assistant

$105,319

$1,829,138

$1,069,015

$2,771,119

$1,977,296

$3,637,153

Podiatric Medicine

$52,714

$305,604

$(47,174)

$198,151

$(169,167)

$61,440

Psychology

$709,333

$1,810,401

$1,276,741

$2,365,092

$1,805,729

$2,869,339

Radiological Tech

$(2,583,676)

$(3,031,655)

$(3,420,593)

$(3,883,333)

$(4,298,771)

$(4,790,228)

Respiratory Therapy

$984,238

$546,599

$1,373,420

$924,161

$1,725,392

$1,253,525

School Psychology

$49,820

$142,874

$114,799

$206,758

$177,165

$266,995

Speech-Language Pathology and Audiology

$742,603

$1,357,187

$1,147,000

$1,750,144

$1,522,325

$2,103,215

Total

$5,700,237

$9,997,322

$7,503,329

$14,006,386

$9,159,470

$13,239,135

NOTE:

Neurological Injury Compensation Association (NICA) and Unlicensed Activity are excluded from the amounts shown above.

Profession¹

FY 14-15 & 15-16

Estimated Expend

Number of

Licensees¹

Cost to

Regulate²

Renewal

Fee Cap³

Current

Renewal Fee³

Sufficient Current

Renewal Fee

Acupuncture

$595,875

2,268

$263

$500

$275/$150

Yes

Anesthesiologist Assistant

$43,651

188

$232

$1,000

$500

Yes

Athletic Trainer

$237,650

2,151

$110

$200/$100

$125/$50

Yes

Chiropractic Medicine

$3,596,142

$439

Chiropractic Physician

5,724

$500

$350/$250

Chiropractic Physician Assistant

143

$250

$55/$28

Chiropractic Assistant

2,323

$25

Clinical Laboratory Personnel

$1,577,057

$97

Yes

Table 17: Review of the Adequacy of Renewal Fees