Ecri

What it reported doing in 2024

Research and evaluation programs, memberships, publications and information: ecri's applied research and evaluation, memberships, and publications all focus on improving healthcare safety, quality, and cost-effectiveness in settings across the continuum of care, from acute care to ambulatory care to long-term care and home care. These programs are used by hospitals and healthcare providers, policymakers, payers, the public, government agencies, and others in the healthcare community to improve patient care. Through these programs, ecri disseminates the results of its internally conducted research and evaluation, of information and experience obtained through technical assistance services and other activities, and of information gathered from many other sources. Ecri conducts studies and disseminates information and tools that protect the public from unsafe and ineffective medical technologies and practices; improves patient safety by preventing medical errors, patient accidents, injuries, and death; assesses the effectiveness of drugs, devices, procedures, and practices; and reduces costs for healthcare providers and payors. Each year, ecri disseminates hundreds of guidance articles, alerts, and advisories that focus on ways to improve the quality, safety, and cost effectiveness of healthcare. Each year, ecri publishes monographs on the top 10 health technology hazards and top 10 patient safety concerns to which healthcare providers should be paying the most attention, along with recommendations for alleviating risks, as well as other white papers with important safety information available to the public. Ecri's work is international in scope and requires highly specialized knowledge and expertise. To help ensure the safety of patient care and healthcare technology, ecri independently investigates safety accidents; publishes product and safety alerts; collects, aggregates and analyzes adverse patient safety event data and cost data from hospitals and healthcare providers; disseminates lessons learned; independently evaluates and verifies the evidence on the effectiveness of medical procedures and technologies; and provides virtual and onsite assistance on hazards and safety improvement. Ecri maintains several of the largest databases on medical device hazards and recalls and prices, which covers thousands of products ranging from a simple thermometer to complex, sophisticated life support equipment. Ecri's evaluation program conducts hands-on laboratory testing to evaluate the safety and efficacy of medical devices that are on the market. It covers all types of diagnostic and therapeutic medical products, from mammography units to surgical lasers to needle stick prevention devices. This program enables ecri to disseminate information on products, their safe implementation and use, and their cost. Ecri developed and maintains a global classification system for indexing medical devices used by healthcare organizations and government regulatory systems worldwide and is a framework for tracking hazard and recall information. Each year, ecri holds scores of meetings, workshops, webinars, and audio conferences addressing best practices, patient safety, evaluation of evidence, and the implementation and use of medical technology and health services. Ecri provides a unique educational certification program and credential for healthcare safety and environmental officers. Ecri supports federally qualified health centers in the provision of safe, high-quality care to vulnerable populations through its publications, continuing education programs, and dedicated support staff.

Financial Efficiency

• Mission deployment rate: 73.4%; rating input score 73
• Program expense ratio: 73.7%; rating input score 74
• Fundraising efficiency: Limited

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 68th percentile among comparable filings
• Pay-setting controls: 5 of 6 controls in place; rating input score 83
  • Compensation committee: Pass
  • Independent consultant: Pass
  • Other Form 990s reviewed: Pass
  • Written employment contract: Missing
  • Compensation survey or study: Pass
  • Board or committee approval: Pass
• Foreign activity oversight: Scored; rating input score 0
• Grant itemization coverage: Scored; rating input score 0
• Major donor itemization: Limited
• Related-party transparency: Yes; rating input score 100

Accountability

• Independent voting board: 81.8%; rating input score 82; 29th percentile among comparable filings
• Governance controls: 7 of 9 controls in place; rating input score 78
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Pass
  • Other executive compensation review process: Pass
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Missing
  • Independent financial-statement audit: Fail

Sustainability

• Operating margin: -3.5%; rating input score 15; 15th percentile among comparable filings
• Total-asset coverage ratio: 1.05; rating input score 41; 41st percentile among comparable filings
• Liabilities to assets ratio: 0.52; rating input score 34; 34th percentile among comparable filings
• Officer compensation ratio: 7.4%; rating input score 6; 6th percentile among comparable filings

Growth

• Program expense growth: 3.3% per year; rating input score 100; 25th percentile among comparable filings
• Revenue growth: 3.9% per year; rating input score 100; 31st percentile among comparable filings
• Asset growth: 6.8% per year; rating input score 100; 50th percentile among comparable filings