EIN 38-3917409

Health Care Cost Institute

IRS 501(c) type
501(c)(3)
Num. employees
12
Year formed
2013
Most recent tax filings
2022-12-01
NTEE code, primary
Description
Health Care Cost Institute is a nonprofit organization that leverages unique data assets to provide insights about health care costs.
Total revenues
$4,666,485
2022
Total expenses
$6,218,774
2022
Total assets
$7,816,006
2022
Num. employees
12
2022

Program areas at Health Care Cost Institute

TRANSPARENCY- The Organization launched the first national, health care price and quality transparency website, Guroo.com. The website displays pricing for shoppable, discretionary, schedulable health services at the national, state, and local levels free of cost to the public. The website is intended for use by health care consumers who are uninsured, in high-deductible health plans, or enrolled in health plans that do not provide pricing information. Data for Guroo.com is based on claims from insurers Aetna, Humana, and United Healthcare. Guroo.com uses actual amounts paid including copay and coinsurance to produce prices and price ranges.
QUALIFIED ENTITY PROGRAM- In 2014 the Organization became the first national Qualified Entity under the Affordable Care Act entitling it to recieve Medicare data from the Centers for Medicare & Medicaid Services in order to engage in public reporting. The Organization paid for and acquired three years of the Medicare data in 2016 and will commence public reporting in 2017.
REASEARCH-The Organization has signed research agreements with leading universities, actuarial organizations, and government agencies to license access to detailed claims data from over 50 million privately insured Americans for faculty, association and government research studies and PhD dissertations. The licensees have access to large private claims database to conduct health care research projects. All research projects must be non-proprietary and non-commercial and must align with the mission of the Organization.
Hcci pulblishes a "Health Care Cost and utilization report" annually. In addition, they publish issue briefs, and provide reasearch licenses.
The organization maintains a price transparency website called guroo.com which displays pricing for Health services on national, state and local levels free of Cost.
The hcci became the first qualified entity under the aca. They accumulate data from the centers for medicare & medicaid and report pulbicly on the data.
Transparency - the organization launched the first national, Health Care price and quality transparency website, guroo.com. The website displays pricing for shoppable, discretionary, schedulable Health services at the national, state, and local levels free of Cost to the public. The website is intended for use by Health Care consumers who are uninsured, in high-deductible Health plans, or enrolled in Health plans that do not provide pricing information. Data for guroo.com is based on claims from insurers aetna, humana, and united healthcare. Guroo.com uses actual amounts paid including copay and coinsurance to produce prices and price ranges.
Research - the organization has signed research agreements with leading universities, actuarial organizations, and government agencies to license access to detailed claims data from over 50 million privately insured americans for faculty, association and government research studies and phd dissertations. The licensees have access to large private claims database to conduct Health Care research projects. All research projects must be non-proprietary and non-commercial and must align with the mission of the organization.

Who funds Health Care Cost Institute

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Laura and John Arnold FoundationIdentifying Trends and Drivers of Health Care Spending for Employer-Sponsored Healthcare and Reducing Healthcare Costs.$750,000
Gary and Mary West Health Policy CenterProvide Access To Hcci Data Enclave Which Houses De-Identified Healthcare Claims for Individuals Covered By Employer-Sponsored Insurance. Collaboration on Issue Briefs Describing and Documenting Rising Health Care Prices in the U.s.$150,000
Commonwealth FundData To Support State Action To Lower Commercial Health Care Prices$119,546
...and 1 more grant received

Personnel at Health Care Cost Institute

NameTitleCompensation
Katie MartinPresident and Chief Executive Officer$345,000
Sarah RodriguezChief of Staff$180,306
John HargravesDirector of Data Strategy$178,273
Chelsea SmithSenior Operations Manager
Paris CarterProject Manager
...and 3 more key personnel

Financials for Health Care Cost Institute

RevenuesFYE 12/2022
Total grants, contributions, etc.$2,398,239
Investment income and dividends$36,213
Net rental income$0
Net gain from sale of non-inventory assets$0
Gross sales of inventory$0
Miscellaneous revenues$2,232,033
Total revenues$4,666,485

Form 990s for Health Care Cost Institute

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-01990PFView PDF
2021-122022-11-07990PFView PDF
2020-122021-09-07990PFView PDF
2019-122020-10-21990PRView PDF
2018-122020-01-22990PFView PDF
...and 3 more Form 990s

Organizations like Health Care Cost Institute

OrganizationLocationRevenue
CV AmericasMiami, FL$2,597,695
Colorado Health InstituteDenver, CO$7,197,610
Gradian Health SystemsNew York, NY$17,213,211
The Ashley FoundationCoeur Dalene, ID$5,608,059
The Samaritan Family Wellness FoundationMadison, WI$1,651,631
Buena Vida EstatesWest Melbourne, FL$11,750,102
Delta Medical FoundationMarks, MS$4,463,966
American Donor ServicesCottage Grove, MN$1,621,890
Lowy Medical Research InstituteLa Jolla, CA$4,620,877
Gary and Mary West Health Policy CenterWashington, DC$5,782,801
Data update history
September 20, 2024
Updated personnel
Identified 3 new personnel
February 3, 2024
Received grants
Identified 1 new grant, including a grant for $119,546 from Commonwealth Fund
January 10, 2024
Posted financials
Added Form 990PF for fiscal year 2022
January 9, 2024
Updated personnel
Identified 1 new personnel
December 27, 2023
Used new vendors
Identified 2 new vendors, including , and
Nonprofit Types
Private foundationsPrivate operating foundationsCharities
Issues
Health
Characteristics
Partially liquidatedTax deductible donationsAccepts online donations
General information
Address
1100 G St NW 600
Washington, DC 20005
Metro area
Washington-Arlington-Alexandria, DC-VA-MD-WV
County
District of Columbia, DC
Website URL
healthcostinstitute.org/ 
Phone
(202) 803-5200
IRS details
EIN
38-3917409
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
2013
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T20: Private Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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