Mpirica Health Raises $1.6M in Series A Financing
Summary
Mpirica Health Inc., a Bellevue, Washington-based healthcare quality transparency startup, raised $1.6m in Series A financing.The company intends to use the funds to accelerate consumer and employer awareness of its platform, mpirica.com.Founded in 2014 by Shakil Haroon, CEO, Mpirica delivers interpreted, outcomes-based quality scores covering surgeries at over 4,800 U.S. hospitals based on methodology developed and refined by Dr. Michael Pine – a Harvard trained cardiologist and medical quality expert.The scores reveal inverse relationships between procedure cost and quality, common to all metro areas.Mpirica’s enterprise platform aims to provide visibility to employees and enable employers to achieve cost containment through cash-back incentive setting tools and rewarding employees when they choose high value providers over alternatives.