#502of 1,000 in 2025

Institute for Healthcare Optimization

Location
Lexington, Massachusetts
Sector
Disease and medical
Founded
2009
371%Three-year growth, FY2022 to FY2025
$3.4MFY2025 revenue
29Employees, FY2025
#6of 11 in Disease and medical
#17of 34 in Massachusetts

Revenue by fiscal year

FY2022: $729,267 $729K FY22 FY2023: $841,187 $841K FY23 FY2024: $2,860,750 $2.9M FY24 FY2025: $3,432,917 $3.4M FY25

We count pledges when the cash is received, not when they’re promised, so these numbers differ from Institute for Healthcare Optimization’s 990. How we count pledges

Where revenue came from, FY2025

Gifts and grants
$3.4M · 100%
Total revenue on the 990
$3,506,181
Investment income
− $9,514
Pledges promised this year, not yet received
− $63,750
Revenue we count
$3,432,917

What it does

See schedule o

Research and develop tools for application of operations management to healthcare delivery including applied research under contracts with hospitals.
Disseminating knowledge on successful application efforts.
Educating and training healthcare personnel on theory and application of scientific management methodologies.

Leadership

Eugene Litvak PHDPresident/Treasurer/Director
Ellis M Knight MDCOO (Hired 7/15/24)/Director
Amy ParrellaClerk/Executive Assistant
Cheri WardSr. Vice President
Julia KrolVice President

EIN 27-0373299 · Full filings on ProPublica

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