Kentucky Health Information Management Association

What it reported doing in 2024

The association conducted continuing education and professional development activities for health information management professionals throughout Kentucky. Program services included a statewide annual meeting addressing coding, revenue cycle, data governance, privacy and security, records management, clinical documentation, and regulatory compliance. During the year, these activities provided approximately 185 participant contacts and awarded continuing education credit to eligible attendees. Volunteer subject matter experts and board members contributed approximately 75 hours to planning, presenting, and evaluating program content. Program service expenses for this activity were total expenses of 70,442.26; no grants received. The association provided advocacy and professional practice support on matters affecting health information management professionals and healthcare providers in Kentucky. Activities included monitoring state and federal developments, communicating legislative and regulatory updates to members, coordinating issue-focused forums, and representing member interests in discussions concerning health information privacy, data quality, interoperability, retention of records, and workforce standards. The association distributed practice resources and update communications, reaching approximately 600 members and other stakeholders during the year. Volunteers contributed approximately 60 hours to committee service, issue review, and member outreach. Program service expenses for this activity were total expenses of 2,023.92; no grants received. The association promoted professional networking and workforce development through member meetings, mentoring opportunities, career awareness efforts, and support for students and emerging professionals in health information management. Activities included chapter and virtual networking events, student engagement sessions, leadership development programming, and collaboration with educators and employers to strengthen the professional pipeline in Kentucky. During the year, these programs served approximately 300 members, students, and early-career professionals through organized events and related outreach. Volunteers contributed approximately 50 hours to mentoring, event coordination, and student support activities. Program service expenses for this activity were total expenses of 4,500.00; no grants were received.

Financial Efficiency

• Mission deployment rate: 77.7%; rating input score 78
• Program expense ratio: 97.8%; rating input score 98

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
• Major donor itemization: Limited

Sustainability

• Operating margin: 20.6%; rating input score 74; 74th percentile among comparable filings
• Total-asset coverage ratio: 3.9; rating input score 93; 93rd percentile among comparable filings
• Liabilities to assets ratio: Limited
• Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

• Program expense growth: 4.2% per year; rating input score 100; 44th percentile among comparable filings
• Revenue growth: 2.8% per year; rating input score 100; 36th percentile among comparable filings
• Asset growth: 9.6% per year; rating input score 100; 60th percentile among comparable filings