2013-01-28T10:25:40-06:00 2011-12-31 ERNST & YOUNG US LLP 111 MONUMENT CIRCLE SUITE 2600 INDIANAPOLIS IN 46204 990 2011-01-01 222547756 Healthcare Quality Strategies Inc % MARTIN P MARGOLIES HEAL 7322385570 557 Cranbury Road East Brunswick NJ 08816 MARTIN P MARGOLIES 2013-01-25 3176817000 2011 2016-03-07 17:11:31Z Martin P Margolies 557 Cranbury Road East Brunswick NJ 08816 14036497 false X www.hqsi.org X 1982 NJ MONITOR THE QUALITY OF HEALTHCARE IN NEW JERSEY. 20 20 75 0 341438 25000 63308 8957490 8487344 564670 498645 21451 412936 9568611 9462233 0 0 0 0 6813640 6735621 0 0 0 3221036 2018152 10034676 8753773 -466065 708460 15445217 15606908 733863 1039442 14711354 14567466 MONITOR THE QUALITY OF HEALTHCARE IN NEW JERSEY. false false 5282186 12758884 As part of the federally-sponsored national network of quality improvement organizations that oversees quality of care in the Medicare program, Healthcare Quality Strategies, Inc (HQSI)conducts federally mandated review activities and implements federal healthcare quality improvement initiatives with Medicare-certified providers throughout the state of New Jersey. Medicare program components include Beneficiary Protection, Patient Safety, Core Prevention and care Transitions. 767371 541120 HQSI conducts reviews of medicaid fee-for-service discharges at 44 New Jersey hospitals for the state of New Jersey and performs appeals for HIP of New York. 6049557 true true false false false false false false false false true false false true true false false true false false false false false false false false false false false true false false false false false false false false false false false false false true false false false false true 62 0 true 75 true false false false false false false false false false false X 20 20 false false false false false false false true true false false true true true true true true true true false X MARTIN P MARGOLIES 7322385570 557 CRANBURY ROAD SUITE 21 East Brunswick NJ 08816 X Mary Ann Conte 1.0 X 5000 0 0 Vincent Acampora 1.0 X 800 0 0 Mae Margaret Costanzo 1.0 X 2800 0 0 Alvin Fried 1.0 X 1200 0 0 Daniel Greenwald 1.0 X 1800 0 0 Edward Josell 1.0 X 4600 0 0 Barnard Kaplan 1.0 X 1600 0 0 Harlan Martin 1.0 X 2000 0 0 David Kingsley 1.0 X 2800 0 0 John Lewy 1.0 X 1600 0 0 Vincent McDermott 1.0 X 3200 0 0 Robert Maurer 1.0 X 1600 0 0 Steven Oxler 1.0 X 2800 0 0 Elyse Perweilzer 1.0 X 2400 0 0 Alexander Rodi Sr 1.0 X 4400 0 0 Marie Schall 1.0 X 2400 0 0 Michael Spivak 1.0 X 2200 0 0 Howard Zeidman 1.0 X 2800 0 0 Donald Pendley 1.0 X 2400 0 0 Jarrod Kaufman 1.0 X 750 0 0 Martin P Margolies 40.0 X 711513 0 27118 Mary Jane Brubaker 40.0 X 270106 0 19371 Andrew Miller 40.0 X 206549 0 22046 Linda DeMarzo 30.0 X 107135 0 8263 Joseph Pisano 40.0 X 114177 0 6642 Michael Rubin 40.0 X 111207 0 12455 Nancy Mendes 40.0 X 110245 0 11994 1680082 0 107889 8 false true false James F Anderson CPA 34 Bridge Street METUCHEN NJ 08840 Financial Consultant 417024 OPI Corporation 100 Peyton Way CHARLESTON WV 25309 Consultant 100859 2 25000 38308 63308 MEDICARE REVENUE 541900 7946224 7946224 OTHER CONTRACT REVENUE 541900 541120 541120 8487344 341640 341640 0 0 68426 68426 68426 68426 4731269 4574264 157005 157005 157005 0 0 0 SCHEDULE K-1 ORDINARY INCOME - VERITAS 525990 341438 341438 MISCELLANEOUS INCOME 900099 3072 3072 344510 9462233 8490416 341438 567071 0 0 0 0 1077258 241399 835859 0 4011155 3820512 190643 225836 145993 79843 956624 703951 252673 464748 300439 164309 0 65430 7827 57603 221154 221154 0 0 0 277739 141719 136020 62140 58868 3272 440242 269838 170404 0 0 512486 2502 509984 61793 48271 13522 0 108011 59311 48700 0 0 68426 68426 129425 129425 PROVISION FOR INCOME TAXES 136000 136000 SUBSCRIPTION & DUES 88447 18504 69943 PAYROLL SERVICE 23053 23053 EXPENSE ALLOC TO VERITAS -220524 -220524 44330 25997 18333 8753773 6049557 2704216 0 0 0 1445051 1843357 1447735 1278002 43839 53720 0 0 0 0 0 0 0 0 142310 129024 636849 327158 14882 309691 12107026 10480670 0 0 0 0 0 0 244374 1512444 15445217 15606908 733863 647444 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 391998 733863 1039442 X 14711354 14567466 0 0 0 0 14711354 14567466 15445217 15606908 X 708460 -852348 X false true true X true true X 25000 63308 88308 7253644 6857483 7575048 8957490 8487344 39131009 7253644 6857483 7575048 8982490 8550652 39219317 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 39219317 1117744 499568 388052 585505 410066 3000935 341438 341438 1117744 499568 388052 585505 751504 3342373 141 737 595 616 3072 5161 8371529 7357788 7963695 9568611 9305228 42566851 0.92136 0.91765 0.07852 0.08228 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 124043 24571 99472 260110 147499 112611 661707 243338 418369 630452 DEPOSITS 45679 ACCRUED INTEREST 16442 ADVANCE 1602 FRINGE & INDIRECT UNDERBILLING 326120 DUE FROM AFFILIATED COMPANIES 28619 INVESTMENT IN SUBSIDIARY 1093982 1512444 0 DUE TO AFFILIATE 391998 391998 Schedule D, Part X, Line 2 The Company is required to recognize the financial statement impact of a tax position when it is more likely than not that the position will be sustained upon examination. If the tax position meets the more-likely-than-not recognition threshold, the tax effect is recognized at the largest amount of the benefit that has a greater than a 50% likelihood of being realized upon ultimate settlement. It is the Companys policy to provide for uncertain tax positions and the related interest and penalties based upon managements assessment of whether a tax benefit is more likely than not to be sustained upon examination by tax authorities. As of December 31, 2011 and 2010, the Company believes it has appropriately accounted for any unrecognized tax benefits. To the extent the Company prevails in matters for which a liability for an unrecognized tax benefit is established or is required to pay amounts in excess of the liability, the Companys effective tax rate in a given financial statement period may be affected. X X X false false false false false false false false false Martin P Margolies 641543 0 0 0 69970 0 13750 0 13368 0 738631 0 0 0 Mary Jane Brubaker 215106 0 55000 0 0 0 13750 0 5621 0 289477 0 0 0 Andrew Miller 206549 0 0 0 0 0 11810 0 10236 0 228595 0 0 0 REVIEW PROCESS FOR THE FORM 990 Form 990, Part VI, Question 11B Prior to filing the final form 990 with the IRS, it is thoroughly reviewed by the Financial Consultant of the Organization. The respective form is provided to each member of the governing board for his/her review. CONFLICT OF INTEREST POLICY Form 990, Part VI, Question 12c COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY IS MONITORED AND ENFORCED REGULARLY AND CONSISTENTLY. All members of the board of trustees, employees and vendors are required annually to disclose and sign conflict of interest agreements which are reviewed by the organization's compliance officer. THE DISCLOSURE STATEMENTS ARE REVIEWED AT THE BOARD LEVEL AND MEMBERS RECUSE THEMSELVES FROM AGENDA ITEMS THAT MAY BE DETERMINED TO BE A CONFLICT OF INTEREST. COMPENSATION APPROVAL PROCESS Form 990, Part VI, Questions 15a & 15b The salaries of Officers of the organization are calculated annually and based on the contractual agreement in place which has been developed and reviewed by the Compensation Committee. Employee compensation is reviewed annually by the Executive Management Team, which determines the annual increase for the Organization. ACCESS TO ORGANIZATIONAL DOCUMENTS Form 990, Part VI, Question 19 The governing documents, conflict of interest policy, and financial statements are made available to the public by providing copies upon request AND/OR APPOINTMENT. Average Hours Per Week Devoted to Related Organizations: Form 990, Part VII MARTIN MARGOLIES: 2 hrs/wk Area VII Physicians Review Organization 2 hrs/wk Physicians' Alliance of NJ DANIEL GREENWALD: 1 hr/wk Area VII Physicians Review Organization ALVIN FRIED: 1 hr/wk Area VII Physicians Review Organization EDWARD JOSELL: 1 hr/wk Area VII Physicians Review Organization BARNARD KAPLAN: 1 hr/wk Physicians' Alliance of NJ DAVID KINGSLEY: 1 hr/wk Area VII Physicians Review Organization JOHN LEWY: 1 hr/wk Area VII Physicians Review Organization VINCENT MCDERMOTT: 1 hr/wk Physicians' Alliance of NJ ROBERT MAURER: 1 hr/wk Area VII Physicians Review Organization STEVEN OXLER: 1 hr/wk Physicians' Alliance of NJ ALEXANDER RODI: 1 hr/wk Physicians' Alliance of NJ MICHAEL SPIVAK: 1 hr/wk Physicians' Alliance of NJ HOWARD ZEIDMAN: 1 hr/wk Physicians' Alliance of NJ OTHER CHANGES IN NET ASSETS FORM 990, PART XI, LINE 5 Unrealized Losses: $(510,910) Veritas Investment Income Adjustment: $(341,438) Total: $(852,348) Physicians Alliance of NJ Inc 557 Cranbury Road Suite 21 East Brunswick NJ 08816 222087985 Healthcare NJ 501(c)(6) NA false Area VII Physicians Review Organization 557 Cranbury Road Suite 21 East Brunswick NJ 08816 222169496 Healthcare NJ 501(c)(6) NA false HQSI Corporation 557 Cranbury Road Suite 21 East Brunswick NJ 08816 264588042 Med Care Impr NJ 501(c)(6) NA false HQ Solutions 557 Cranbury Road Suite 21 East Brunswick NJ 08816 264587925 Healthcare NJ 501(c)(6) HQSI true Veritas Medical Review Solutions LLC 557 Cranbury Road Suite 21 East Brunswick NJ 08816 275098617 Medical Review PA HQSI S Corp 342438 3221659 1.00000 false false true false false false false false false false false false false false false true false false Veritas Medical Review Solutions LLC p 1059262 FMV