MINNEAPOLIS--(BUSINESS WIRE)-- The Medica Research Institute has received a contribution from Medica Health Plans in the amount of $6.5 million. This contribution will be used by the Research Institute to further its mission. Specifically, a portion of these monies will be used to support pilot research activity that is necessary to obtain preliminary study outcomes for future grant proposals.
“The Medica Research Institute was established to harness our knowledge and expertise to study and answer the difficult questions that persist about health care in order to improve the quality of care,” said Dr. Charles Fazio, executive director of the Medica Research Institute and chief medical officer of Medica. “This funding demonstrates Medica’s sustained commitment to the Medica Research Institute and will help establish it as a respected and leading contributor to the field of health services research.”
About Medica Research Institute
The Medica Research Institute is a non-profit 501(c)(3) foundation and a sister organization to Medica Health Plans, a Minnesota-based non-profit HMO. The Research Institute was established in January 2010. Its mission is to conduct research that generates information for timely translation into activities which protect health and improve lives. For more information about Medica Research Institute and its activities visit: www.MedicaResearchInstitute.org
Medica is a health insurance company headquartered in Minneapolis and active in the Upper Midwest. With nearly 1.6 million members, the non-profit company provides health care coverage in the employer, individual, Medicaid, Medicare and Medicare Part D markets in Minnesota and a growing number of counties in North Dakota, South Dakota and Wisconsin. Medica also offers national network coverage to employers who also have employees outside the Medica regional network.
Medica has the highest accreditation status, Excellent, from the National Committee for Quality Assurance (NCQA®) for its Minnesota Medicaid HMO plans and commercial health plans in Minnesota and North Dakota. Medica’s vision is to become the community’s health plan of choice, trusted for its integrity, respected for its service, and admired for its commitment to innovation and efficiency.
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