New Jersey Health Care Quality Institute Inc

What it reported doing in 2024

Quality ImprovementTeamBirth NJ: The Quality Institute in partnership with Ariadne Labs, is implementing a shared decision-making initiative, called TeamBirth New Jersey, in every birthing hospital in the state. TeamBirth improves maternal and infant outcomes by addressing breakdowns in teamwork and communication in the delivery system. To date, we have implemented Team Birth in 26 hospitals and birthing centers in New Jersey and looking to expand further. This work is supported by New Jersey Department of Health. (Continued on Schedule O)The Leapfrog Group: The Quality Institute serves as the Regional Leader for The Leapfrog Group in New Jersey and New York. We provide support to hospitals and Ambulatory Surgical Centers (ASC)who are completing the survey and encourage them to do so. In New Jersey, we have achieved the highest hospital participation rate in the country. The Leapfrog surveys are voluntary surveys that report on safety within a facility. The survey results are publicly reported in a consumer-friendly format and used by employers, consumers, and insurers when choosing a facility for services. Facilities use the survey process to improve their quality. Quality Events and Briefings: The Quality Institute holds quality improvement education sessions and releases regular Quality Briefings to drive quality improvement work. Quality improvement strategies can be used by employers, purchasers, payers, and patients to help inform decisions about where to seek care, leverage purchasing power, and increase transparency.

Financial Efficiency

• Mission deployment rate: 78.4%; rating input score 78
• Program expense ratio: 79.3%; rating input score 79
• Fundraising efficiency: $25.96 raised per $1 spent on fundraising; rating input score 66; 66th percentile among comparable filings

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
• Pay-setting controls: 4 of 6 controls in place; rating input score 67
  • Compensation committee: Pass
  • Independent consultant: Missing
  • Other Form 990s reviewed: Pass
  • Written employment contract: Pass
  • Compensation survey or study: Missing
  • Board or committee approval: Pass
• Foreign activity oversight: Limited
• Grant itemization coverage: Limited
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 86.7%; rating input score 87; 18th percentile among comparable filings
• Governance controls: 9 of 9 controls in place; rating input score 100
  • 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: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 1.5%; rating input score 39; 39th percentile among comparable filings
• Total-asset coverage ratio: 1.62; rating input score 55; 55th percentile among comparable filings
• Liabilities to assets ratio: 0.14; rating input score 52; 52nd percentile among comparable filings
• Officer compensation ratio: 32.2%; rating input score 5; 5th percentile among comparable filings

Growth

• Program expense growth: 4.9% per year; rating input score 100; 39th percentile among comparable filings
• Revenue growth: 7% per year; rating input score 100; 54th percentile among comparable filings
• Asset growth: 14.4% per year; rating input score 100; 73rd percentile among comparable filings