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Default Looking for an alternate solution

I'm looking to see if there is an alternate solution. I have end users who
will enter four values. Two calculations will be performed resulting in an
average and the high value. There are three tests that are performed to
detemine if the person meets or fails. I want to use the results and
determine if the person has met all three of the tests, and if so, to refer.
If the person fails any of the three criteria, then there will be no
referral. I have created the following formula, and it does work, but I'm
wondering if there may be a more effecient way to accomplish this, just in
case I have to expand the number of tests that have to be performed so maybe
I could use a range instead of checking each individual cell.

In the formula below, E2, E3, and E4 will equal either Meet or Fail

=IF(OR(E2="Fail",E3="Fail",E4="Fail"),"Do not refer","Refer")

No rush on this since I have a working solution, but I thank you all for
your hard work. You have assisted me on several projects that could not have
been completed without you.
 
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