HealthLeaders Media November 14, 2019
The nonprofit organizations both aim to promote patient safety in a variety of healthcare settings.
The ECRI Institute and the Institute for Safe Medication Practices (ISMP) have signed an agreement to join forces and create a single patient safety entity.
The transaction, which is expected to close on January 2, will see ISMP become a subsidiary of ECRI Institute. Both are nonprofit organizations that promote patient safety by highlighting adverse effects, near misses, and unsafe conditions in various healthcare settings. ECRI Institute publishes data and recommendations to protect patients from unsafe practices and ineffective products, while ISMP has advocated for improvements in drug labeling, packaging, preparation, and administration.
“This agreement will strengthen our critical contributions to medication safety,” said ISMP...