SEATTLE, WA – May 30, 2018 – MPIRICA Health Inc., a leading healthcare quality analytics company, announced a new addition to their board of advisors — Niall Brennan, President and CEO of the Health Care Cost Institute (HCCI).

Brennan is a nationally recognized expert in healthcare data analytics and transparency. His work at HCCI is focused on increasing levels of understanding on the drivers of trends on US healthcare spending.

Prior to this role, he served as the first Chief Data Officer at the Centers for Medicare & Medicaid Services (CMS), where he directed the agency’s data-driven strategies to give patients better access to high-quality care, at a lower cost. Read more »

A major announcement: Aon, one of the world’s largest international benefits consultancies, has announced that they are joining forces with MPIRICA, as well as price-transparency startup, Amino.

It’s a natural fit. In fact, in a press release about the partnership, Will Sneden, Aon’s US Health Leader, offered a statement that could have come from our boardroom:

“Evaluating provider strategies has been challenging for most employers, primarily because existing provider cost and quality data is not transparent and often subjective.”

He’s absolutely right. Murky information about quality is a serious hindrance for employers trying to get a fair shake in providing healthcare benefits for their employees.

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For a little something to enjoy during your commute, we humbly submit the Outcomes Rocket podcast, which you can find on popular players like iTunes and Stitcher.

Hosted by Medtronic manager Saul Marquez, the podcast tackles a wide range of healthcare issues through interviews with innovators in the field. And just recently, one of the show’s guests was MPIRICA’s Founder and CEO, Shakil Haroon.

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We have some very big news to share! MPIRICA is thrilled to announce that we have closed $4.6M in Series A funding, co-led by OurCrowd along with a Seattle-based private equity fund.

Our founder and CEO, Shakil Haroon had this to say:

“Armed with this funding, we are thrilled to be able to mainstream the only outcomes-based, trusted quality score for the benefit of payers, healthcare consumers, as well as providers, and to scale our operations and technology.”

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MPIRICA is proud to announce and welcome our newest advisor, Nate Randall, Founder and President of Ursa Major Consulting.

Nate brings a wealth of experience to MPIRICA as a seasoned expert in the employee benefits space. He began his career as a consultant, working for industry leaders such as Milliman and Hewitt. After joining Safeway as a Benefits Manager in 2009, he was a key partner and drove innovation in price transparency, reference based pricing and was involved in the drafting of several aspects of the Affordable Care Act. In 2011 Nate joined Tesla to head the Global Benefits and Employee Experience team, where he created and scaled a comprehensive, award-winning benefits solution as the company grew from 900 to 13,000 employees. Read more »

Patient Safety Monitor Journal, a premiere magazine focused on cutting edge best practices in patient safety, recently profiled MPIRICA in a piece titled “Surgeon ratings websites aim to make a mark on patient care.”

The article sets the tone with a bit of history, in which ProPublica, a non-profit news organization, seemed to lead the charge around healthcare quality transparency with their “Surgeon Scorecard” in July 2015.

However, its methodologies quickly came into question. Critics believed the scorecards were based on “unreliable data points to rate surgeons’ complication rates,” and failed “to account for the many factors that can alter a patient’s outcome.”

Shortly after the ProPublica release, MPIRICA launched surgeon quality scores, which had been in development for several months and were modeled similarly to our hospital quality scores released earlier in 2015. Both are distinctly different from that of ProPublica’s because we incorporated “a risk adjustment model that’s been utilized by experts… for nearly 30 years.” Read more »

OurCrowd First, is a boutique $10M per year seed fund for early-stage investments, raised on OurCrowd’s online equity crowdfunding platform. Eduardo Shoval, General Partner at OurCrowd First, has been appointed to MPIRICA’s Board of Directors.

Powered by the crowd:
We’re excited to expand our scores and strengthen our Board.

MPIRICA is pleased to announce a new relationship with OurCrowd, one of the world’s leading equity crowdfunding platforms. We have just received a $400,000 investment from OurCrowd First, an early-stage seed fund raised on the platform.

Eduardo Shoval, General Partner at OurCrowd First has been appointed to MPIRICA’s Board of Directors.

“MPIRICA is uniquely poised for success, realizing that access to accurate quality and cost information is more important than ever for American healthcare consumers who are being forced to take matters into their own hands with high deductible health plans,” said Shoval, who has 25+ years of experience as a successful hi-tech entrepreneur, CEO and investor.
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The MPIRICA Quality Score was in lights on Times Square when we announced our funding.

And we’re just getting started!

Just a couple of weeks after announcing our $1.6M Series A funding, our team has been busier than ever! Coverage of our financing appeared on hundreds of websites, as well as articles in places like Geekwire, mentions on Twitter, and in VC newsletters like the Rock Weekly.

We even showed up on a billboard in Times Square, and yes, that is Governor Inslee of Washington shaking hands with our Founder & CEO, Shakil Haroon at an event at Cambia Grove. Read more »

Shakil Haroon, Founder & CEO of MPIRICA Health Analytics recently raised $1.6M in Series A financing.

Now it’s time to really spread the news about MPIRICA.

Friends, we have some very big news to share with you! We’re thrilled to announce that we have closed $1.6M in Series A funding from the McQuinn Trust, an early stage private investor.

Our founder and CEO, Shakil Haroon had this to say:

“It is an exciting time at MPIRICA. We have been poised to tell the nation about our surgery quality scores, and now our partnership with the McQuinn Trust enables us to get the message out, empower consumers to make smart provider choices, and save employers money on healthcare.”

Today’s news comes at a time when healthcare is rapidly changing and patients are taking more control in finding the best hospitals and doctors for their specific needs. Read more »