Evidence For Healthcare Improvement, operating under the name Institute For Clinical And Economic Review Economic Review, is located in Boston, MA. The organization was established in 2014. According to its NTEE Classification (E99) the organization is classified as: Health Care N.E.C., under the broad grouping of Health Care and related organizations. As of 12/2021, Institute For Clinical And Economic Review Economic Review employed 44 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Institute For Clinical And Economic Review Economic Review is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Institute For Clinical And Economic Review Economic Review generated $7.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.9% each year. All expenses for the organization totaled $9.2m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
BETTER HEALTH FOR ALL AMERICANS THROUGH SUSTAINABLE ACCESS TO HIGH-VALUE HEALTH CARE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ICER'S PROGRAM TO EVALUATE NEW TECHNOLOGIES, INCLUDING NEW DRUGS AT OR NEAR THE TIME OF FDA APPROVAL, PROVIDES AN INDEPENDENT ANALYSIS OF THE COMPARATIVE EFFECTIVENESS OF NEW TECHNOLOGIES, ALONG WITH AN ASSOCIATED HEALTH-BENEFIT PRICE BENCHMARK, WITH THE OBJECTIVE OF HELPING DECISION-MAKERS UNDERSTAND AND APPLY EVIDENCE TO IMPROVE VALUE THROUGHOUT THE HEALTH CARE SYSTEM. THE ROBUST RESEARCH CONDUCTED TO PRODUCE REPORTS FOR THE TECHNOLOGY ASSESSMENT PROGRAM IS COMPLEMENTED BY AN EXTENSIVE PATIENT AND STAKEHOLDER ENGAGEMENT PROGRAM THAT ENSURES THAT THE EXPERIENCE OF PATIENTS AND THEIR FAMILIES ARE AT THE CENTER OF THE WORK. THE REPORTS OF THE TECHNOLOGY ASSESSMENT PROGRAM ARE VETTED THROUGH THREE REGIONAL COLLABORATIVES OF INDEPENDENT EXPERTS IN THE EVALUATION AND APPLICATION OF EVIDENCE: THE CALIFORNIA TECHNOLOGY ASSESSMENT FORUM (CTAF), THE MIDWEST COMPARATIVE EFFECTIVENESS PUBLIC ADVISORY COUNCIL (MIDWEST CEPAC), AND THE NEW ENGLAND COMPARATIVE EFFECTIVENESS PUBLIC ADVISORY COUNCIL (NEW ENGLAND CEPAC). FOR EACH PANEL, INDEPENDENT CLINICIANS, METHODOLOGISTS, AND PUBLIC REPRESENTATIVES CONVENE SEVERAL TIMES A YEAR AT PUBLIC MEETINGS TO REVIEW OBJECTIVE EVIDENCE REPORTS PRODUCED BY ICER AND TO DEVELOP RECOMMENDATIONS FOR HOW STAKEHOLDERS CAN APPLY EVIDENCE TO IMPROVE THE QUALITY AND VALUE OF HEALTH CARE. ALL THREE PANELS DIRECTLY ENGAGE CLINICIANS, PATIENTS, AND PAYORS DURING THESE PUBLIC MEETINGS TO DISCUSS APPLICATION OF THE EVIDENCE FOR CLINICAL DECISION-MAKING, BENEFIT DESIGN, AND PATIENT AND CLINICIAN TOOLS TO IMPROVE CLINICAL CARE AND PATIENT OUTCOMES.
ICER ANALYTICS IS A NEW CLOUD-BASED PLATFORM THAT FACILITATES THE USE OF ICER'S EVIDENCE REPORTS AND UNDERLYING ANALYSES TO HELP ALL AMERICANS ACHIEVE SUSTAINABLE ACCESS TO HIGH-VALUE CARE. AVAILABLE ON A SUBSCRIPTION BASIS, THE PLATFORM PROVIDES PHARMACEUTICAL MANUFACTURERS, PRIVATE AND PUBLIC PAYORS, CLINICIANS, PATIENTS, AND OTHER STAKEHOLDERS, WITH A SUITE OF TOOLS THAT STREAMLINE INTERPRETATION OF ICER'S ANALYSES DIRECTLY FROM THE SOURCE ALL DESIGNED TO SUPPORT INTEGRATION INTO USERS' OWN PRICING, REIMBURSEMENT, AND CLINICAL WORK. ICER ANALYTICS SUBSCRIBERS HAVE ACCESS TO ICER'S PRICE BENCHMARKS, COST-EFFECTIVENESS RESULTS, COMPARATIVE CLINICAL EFFECTIVENESS JUDGMENTS, POLICY RECOMMENDATIONS, AND ECONOMIC MODELS WITHIN TWO PRIMARY TOOLS THE EVIDENCE COMPENDIUM AND THE INTERACTIVE MODELER.
THE POLICY LEADERSHIP FORUM ("PLF") WAS LAUNCHED TO GIVE A SELECT NUMBER OF LEADING HEALTH CARE ORGANIZATIONS A UNIQUE OPPORTUNITY TO SHAPE THE FUTURE OF EVIDENCE AND COVERAGE POLICY IN THE UNITED STATES. THE TENSION BETWEEN INNOVATION AND HEALTH CARE COSTS CONTINUES TO FOCUS CRITICAL ATTENTION ON HOW EVIDENCE WILL BE DEVELOPED BY MANUFACTURERS AND HOW IT WILL BE INTERPRETED BY PAYORS IN MAKING COVERAGE DECISIONS. BENEFITING FROM ICER'S EXPERIENCE AS A LEADER IN HEALTH TECHNOLOGY ASSESSMENT, AND ITS UNIQUE ABILITY TO SERVE AS AN ENGAGED, OBJECTIVE CONVENER AND MODERATOR, PLF BRINGS TOGETHER A SMALL, INFLUENTIAL GROUP OF EVIDENCE LEADERS FROM INSURERS, PHARMACY BENEFIT MANAGEMENT FIRMS, HEALTH TECHNOLOGY ASSESSMENT GROUPS, AND LIFE SCIENCE COMPANIES TO ADDRESS KEY CONTROVERSIES IN EVIDENCE METHODS AND POLICY. WORKING TOGETHER IN A BALANCED, NONADVERSARIAL ENVIRONMENT, PLF MEMBERS GAIN THE SKILLS AND INSIGHTS IN EVIDENCE POLICY NECESSARY TO STRENGTHEN THEIR COMPETITIVE POSITION IN THE MARKETPLACE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Steven D Pearson President | Officer | 50 | $521,308 |
Sarah K Emond Executive VP And COO | Officer | 50 | $299,411 |
Jonathan Campbell Senior VP For Health Econo | Officer | 50 | $291,625 |
David Rind Chief Medical Officer | Officer | 50 | $291,392 |
David Whitrap VP Of Communication And Ou | Officer | 50 | $248,690 |
Yvette Venable VP Of Patient Engagement | Officer | 50 | $182,920 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
University Of Illinois - Grants And Cont Economic Modeling | 12/30/21 | $170,000 |
University Of Washington - Office Of Spo Economic Modeling | 12/30/21 | $334,269 |
University Physician's Inc (Dba Unive Research | 12/30/21 | $127,500 |
Singh Healthcare Advisors Llc Healthcare Advisory | 12/30/21 | $112,800 |
Regents Of The University Of California Research | 12/30/21 | $421,000 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $6,593,623 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $6,593,623 |
Total Program Service Revenue | $993,444 |
Investment income | $5,472 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $276,442 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $7,868,981 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $1,953,985 |
Compensation of current officers, directors, key employees. | $358,382 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $2,867,201 |
Pension plan accruals and contributions | $109,721 |
Other employee benefits | $268,968 |
Payroll taxes | $315,433 |
Fees for services: Management | $0 |
Fees for services: Legal | $54,834 |
Fees for services: Accounting | $23,875 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $1,969,688 |
Advertising and promotion | $0 |
Office expenses | $74,791 |
Information technology | $134,216 |
Royalties | $77,203 |
Occupancy | $732,875 |
Travel | $48,428 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $93,208 |
Interest | $188 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $436,233 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $9,192,421 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $251,797 |
Savings and temporary cash investments | $6,783,784 |
Pledges and grants receivable | $2,766 |
Accounts receivable, net | $204,828 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $56,310 |
Net Land, buildings, and equipment | $2,180,481 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $337,109 |
Other assets | $118,304 |
Total assets | $9,935,379 |
Accounts payable and accrued expenses | $625,750 |
Grants payable | $0 |
Deferred revenue | $356,305 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $1,711,483 |
Total liabilities | $2,693,538 |
Net assets without donor restrictions | $7,241,841 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $9,935,379 |
Over the last fiscal year, we have identified 4 grants that Evidence For Healthcare Improvement has recieved totaling $3,328,110.
Awarding Organization | Amount |
---|---|
Laura And John Arnold Foundation Houston, TX PURPOSE: TO SUPPORT THE INSTITUTE FOR CLINICAL AND ECONOMIC REVIEW RESEARCH THAT PROVIDES INDEPENDENT ANALYSES OF THE COMPARATIVE COST EFFECTIVENESS FOR NEWLY-INTRODUCED PHARMACEUTICAL DRUGS. | $3,000,000 |
California Healthcare Foundation Oakland, CA PURPOSE: CONTINUED SUPPORT FOR CALIFORNIA TECHNOLOGY ASSESSMENT FORUM, 2022-24 | $240,000 |
Commonwealth Fund New York, NY PURPOSE: METHODS FOR ADVANCING EQUITY GOALS IN HEALTH TECHNOLOGY ASSESSMENT | $70,000 |
Commonwealth Fund New York, NY PURPOSE: METHODS FOR ADVANCING EQUITY GOALS IN HEALTH TECHNOLOGY ASSESSMENT | $18,110 |
Organization Name | Assets | Revenue |
---|---|---|
Schenectady Family Health Services Inc Schenectady, NY | $19,045,497 | $22,478,656 |
Clifford W Beers Guidance Clinic Incorporated New Haven, CT | $9,137,010 | $18,265,945 |
Bob Woodruff Family Foundation Inc New York, NY | $14,267,455 | $13,208,242 |
Vna At Hcs Inc Keene, NH | $9,766,426 | $18,124,886 |
Hospice & Palliative Care Buffalo Inc Cheektowaga, NY | $16,859,718 | $13,710,188 |
Independence Care System Inc Brooklyn, NY | $10,653,055 | $18,543,015 |
Service Employees International Union Hartford, CT | $21,649,035 | $16,938,166 |
Bridging Access To Care Inc Brooklyn, NY | $3,861,592 | $15,321,105 |
Committee Of Interns & Residents Long Island City, NY | $15,857,435 | $14,995,112 |
Clara Martin Center Inc Randolph, VT | $9,599,904 | $14,620,066 |
Catholic Health System Infusion Pharmacy Inc Buffalo, NY | $8,707,877 | $12,748,117 |
Mass Insight Education And Research Institute Inc Boston, MA | $4,863,947 | $10,520,737 |