Sponsored by Eric Aroesty, C’92
Come see the Finalists pitch live at the Startup Showcase!
April 27, 2018
Jon M. Huntsman Hall
Startup Challenge Semifinalist Mediscore
Mediscore is a tech enabled healthcare service that helps Medicare Advantage Plans and ACOs manage their chronic care patients while accurately risk adjusting for their patient population.
How did you come up with this idea?
Dr. Saad Rushdi, our co-founder, wanted to learn more about the financial side of health care so he decided to work for a medical consulting start-up in New York City instead of starting residency. During this experience he was able to work with payers, networks and physicians and realized how overlooked Medicare, specifically the Medicare Advantage, patient population was. He felt that Medicare Advantage was a mismanaged and broken system and much of this stemmed from the fact that the physicians on the ground managing patient care had little to no knowledge of CMS regulations or the Medicare Advantage framework more broadly. After seeing one too many patients slip through the cracks with disastrous, but preventable outcomes he decided to start Mediscore. His medical training and work experience, coupled with our other co-founder Arhama Rushdi’s health and regulatory law background, fostered the perfect environment to launch.
How will your venture change the world?
IBM Watson’s analytics has calculated that 30-40% of chronic conditions are dropped in the Medicare patient population each consecutive year, for risk adjustment purposes. While this results in an inaccurate risk assessment of the Medicare patient population it also means that serious and chronic conditions may being going untreated or mismanaged. As a result, we see high levels of disease progression that results in not only increased costs of care but also poorer patient outcomes. Mediscore’s solutions make sure that all missed chronic conditions are captured and treated appropriately by the Primary Care Physician overall greatly improving the quality of life for our elderly population.
Arhama Rushdi, L’18
Dr. Saad Rushdi
- Arhama: I briefly worked as a food critic before going to law school and still wonder if I made the right choice.
- Saad owned his own T-shirt company when in med school, who’s business partner also happened to be a lawyer, I guess he has a type?