MQA Quarterly Performance Report

MQA Q1 2017-2018 13 Section 456.025(9), Florida Statutes: The Department shall provide a management report of revenues and expenditures, performance measures, and recommendations to each board at least once a quarter. MQA is funded by a trust fund, which consists of fees and fines collected through the licensing process. The funds are allocated to provide administrative support for the licensing and regulation of health care professionals. The division is committed to ensuring the administrative costs of regulation do not serve as a barrier to licensed health care practitioners practicing their profession in Florida. MQA collaborates with individual boards to reduce fees whenever possible. A renewal fee analysis is performed annually to compare the cost of regulation against the current renewal fees. MQA licenses qualified applicants in conjunction with the regulatory boards that oversee each profession. MQA Trust Fund Licensed Unlicensed TOTAL Beginning Cash Balance 07/01/2017 $25,459,973 $13,067,857 $38,527,830 Total Revenues 06/30/2017 $17,899,781 $639,491 $18,539,272 Total Expenditures 06/30/2017 $20,508,861 $402,638 $20,911,499 Ending Cash Balance 06/30/2017 $22,850,893 $13,304,710 $36,155,603 QUARTERLY SUMMARY Initial Applications Received 29,673 Initial Licenses Issued 25,042 Data for applications processed are not being reported this quarter due to changes in the data collection process. MQA’s financial data, specifically the fees that are deposited into the trust fund and expenses paid from it, are reported as required by law. At year end, MQA calculates the cost to regulate the professions and reviews the adequacy of license renewal fees to ensure professions cover their costs of regulation and to recommend lowering fees where feasible. MQA issues licenses in 44 different health care professions for more than 100 different types of licenses. Financial Data Licensee Data Click here for detailed report by profession BY THE NUMBERS