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MQA Q3 2014 - 2015

By the Numbers

This section details MQA’s financial data, specifically the fees that are deposited into the trust fund and

expenses paid from it. At year end, MQA calculates the cost to regulate the professions and reviews the

adequacy of license renewal fees to make sure operations by the boards are sustainable.

The department shall provide a management report of revenues and expenditures, performance measures, and

recommendations to each board at least once a quarter.

In the past five years MQA has provided 57 fee scenarios to provider boards and councils that resulted in 27

professions reducing 78 fee types and two professions increasing three fee types. Last fiscal year the Division

presented 15 scenarios that resulted in 11 professions reducing 28 fee types.

MQA TRUST FUND

LICENSED

UNLICENSED

TOTAL

Beginning Cash Balance 07/01/2014

$20,995,260

$11,628,651

$32,623,911

Total Revenues

$47,091,421

$1,544,020

$48,635,441

Total Expenditures

$53,432,802

$842,259

$54,275,061

Ending Cash Balance 03/31/2015

$14,653,879

$12,330,412

$26,984,291

FINANCIAL DATA

Section 456.025(9), Florida Statutes

This section summarizes MQA’s licensee data. The Division issues licenses in 44 different health care

professions under more than 100 different types of licenses.

MQA licenses qualified applicants in conjunction with the regulatory boards that oversee each profession. In

Fiscal Year 2014-2015, the Division administered seven exams required for licensing, though by January 2016,

all will have moved to national professional organizations.

LICENSEE DATA

Detailed report by profession

QUARTERLY SUMMARY

Initial Applications Received

35,973

Initial Licenses Issued

22,378

* Data for applications processed is not being reported this quarter due to changes in the data collection process.

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