INTERNATIONAL CONSORTIUM FOR HEALTH OUTCOMES MEASUREMENT INC

EIN: 460854621 501(c)(3) Health Care

BOSTON, MA

Total Revenue
$3,895,691
Total Expenses
$4,006,874
Total Assets
$1,855,761
Net Assets
$-1,126,030
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2012
Legal Domicile
DE
Phone
6177143294
Tax Period
2024-01-01 to 2024-12-31

INTERNATIONAL CONSORTIUM FOR HEALTH OUTCOMES MEASUREMENT INC, founded in 2012, is a community nonprofit in the Health Care sector that reported $3.9M in total revenue in fiscal year 2024. Revenue surged 50% from the prior year, signaling strong growth momentum.

Mission

TO UNLOCK THE POTENTIAL OF VALUE-BASED HEALTH CARE BY DEFINING GLOBAL STANDARD SETS OF OUTCOME MEASURES THAT REALLY MATTER TO PATIENTS FOR THE MOST RELEVANT MEDICAL CONDITIONS AND BY DRIVING ADOPTION AND REPORTING OF THESE MEASURES WORLDWIDE

Program Service Accomplishments

Program 1
Expenses: $1,221,411 Revenue: $2,130,394

DISSEMINATION (SEE SCHEDULE O)

Program 2
Expenses: $1,074,477 Revenue: $827,668

Education: ICHOM continues to be the leading organization in terms of convening multi-national learning communities to demonstrate the impact of standardized outcome measurement. In 2024, ICHOM held...

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Education: ICHOM continues to be the leading organization in terms of convening multi-national learning communities to demonstrate the impact of standardized outcome measurement. In 2024, ICHOM held their annual in-person value-based health care conference in Amsterdam, convening 600+ individuals from 46 countries, participating in seminars and workshops. Complimentary to the conference, ICHOM also provided a free webinar series that shared practical insights from global VBHC implementers. In 2024, ICHOM launched its first Certified VBHC Professional Program, a 15-week, online certificate program designed to equip health professional in VBHC implementation; completion leads to becoming an ICHOM Certified High-Value Health Care Professional.

Program 3
Expenses: $596,143 Revenue: $724,239

Set Development: The core of ICHOM's work is the development of ICHOM Sets of Patient-Centered Outcome Measures. ICHOM convenes global patient, clinical, measurement, and research leaders to define...

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Set Development: The core of ICHOM's work is the development of ICHOM Sets of Patient-Centered Outcome Measures. ICHOM convenes global patient, clinical, measurement, and research leaders to define outcomes most important to patients and develop consensus-based measure sets. ICHOM facilitates a 12-18-month long process to define each set of outcomes. In 2024 ICHOM launched the Adult Obesity Set, as well as started the development of the Major Injury and Kidney Stone Sets. Another continuation in ICHOM's work has been updating previously published Sets, work necessary to keep the Sets relevant and functional in clinical settings.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $212,698
Program Service Revenue $3,682,301
Investment Income $14
Other Revenue $678
TOTAL REVENUE $3,895,691

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,993,540
Fundraising Expenses $183,840
Program Expenses $2,892,031
Other Expenses $2,013,334
TOTAL EXPENSES $4,006,874

Year-over-Year Comparison

2024 2023 Change
Revenue $3,895,691 $2,591,513 +0.5%
Expenses $4,006,874 $2,903,113 +0.4%
Net Income $-111,183 $-311,600 -0.6%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
7
Independent Members
6
Employees
8
Volunteers
6

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$348,508
Total Directors
7
$348,508
Key Employees
0
$0
Highest Compensated
3
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAPHNE PSACHAROPOULOS TREASURER 1.0
Officer Director
$0 $0 $0
JENNIFER BRIGHT PRESIDENT & CEO 40.0
Officer Director
$344,999 $0 $344,999
STEFAN LARSSON CHAIRMAN 1.0
Officer Director
$3,509 $0 $3,509
JAMES HEYWOOD DIRECTOR 1.0
Director
$0 $0 $0
KEVIN WAKE DIRECTOR (EFF. 02/2024) 1.0
Director
$0 $0 $0
MARTIN INGVAR SECRETARY 1.0
Director
$0 $0 $0
MARY WITKOWSKI DIRECTOR 1.0
Director
$0 $0 $0
BEN CORDLE CHIEF MARKETING OFFICER 40.0
Highest
$140,144 $19,423 $159,567
GREG ROBINSON CHIEF TECHNOLOGY OFFICER 30.0
Highest
$178,447 $0 $178,447
JOSE DELGADO CHIEF OF STRATEGIC PARTNERSHIPS 40.0
Highest
$100,346 $0 $100,346
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $3,895,691 $4,006,874 $1,855,761 $-111,183
2023 $2,591,513 $2,903,113 $836,489 $-311,600
2022 $2,805,340 $1,492,311 $608,780 $1,313,029
2021 $2,604,103 $2,663,688 $832,747 $-59,585
2020 $1,911,988 $1,888,372 $843,126 $23,616
2019 $3,352,992 $3,311,184 $485,596 $41,808
2018 $2,945,824 $4,287,386 $1,068,291 $-1,341,562
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