MRO

Norristown, United States Founded: 2002 • Age: 24 yrs Acquired By Parthenon Capital
Secure PHI exchange solutions are provided for healthcare organizations.
Annual revenue - Latest available
Total funding $22.5M 1 rounds
Employees 1546 Tracked headcount
Investors 2 Known backers
Products 3 Services tracked
Competitors 10 Brand Intelligence

About MRO

MRO is a company based in Norristown (United States) founded in 2002 by Mark Thomas was acquired by Parthenon Capital in October 2019. MRO has raised $22.48 million across 1 funding round from investors including Imperial Capital and Parthenon Capital. The company has 1,546 employees as of December 31, 2022. MRO has completed 5 acquisitions, including Clinetic, Cobius Healthcare Solutions and Figmd. MRO offers products and services including Clinical Data Exchange Platform (CDXP), Audit Manager, and Exchange Connector. MRO operates in a competitive market with competitors including Metriport, Verato, eBlu Solutions, Artisight and NaviNet, among others.

  • Headquarter Norristown, United States
  • Employees 1546 as on 31 Dec, 2022
  • Founders Mark Thomas
  • Sectors
    Healthcare
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Mro Corporation
Operational Areas
Healthcare → Health Technology & Digital Health Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $22.48 M (USD)

    in 1 rounds

  • Latest Funding Round
    $22.48 M (USD), Private Equity Round

    Sep 29, 2014

  • Investors
  • Employee Count
    1546

    as on Dec 31, 2022

  • Investments & Acquisitions
    Clinetic

    & 4 more

  • Acquired by
    Parthenon Capital

    (Oct 28, 2019)

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Products & Services of MRO

MRO offers a comprehensive portfolio of products and services, including Clinical Data Exchange Platform (CDXP), Audit Manager, and Exchange Connector.

Product name locked
Category locked
Primary

Facilitates seamless exchange and normalization of clinical data.

Product name locked
Category locked
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Monitors and manages institutional audits for healthcare systems.

Product name locked
Category locked
Locked

Enables bidirectional clinical data exchange for requesters.

People of MRO

Headcount 1000-5000
Employee Profiles 106
Employee Profiles
People
Mitch Bragg
Deputy General Counsel, Vice President
People
Shawn Powlick
Chief Human Resources Officer
People
Nathan Eastman
CFO
People
Mayura Landge - Kulkarni
Bid Manager, Client Relations

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Funding Insights of MRO

MRO has successfully raised a total of $22.48M through 1 strategic funding round. The most recent funding activity was a Private Equity Round of $22.48 million completed in September 2014. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in MRO

MRO has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Imperial Capital and Parthenon Capital.

All
Venture Fund
Investor Description Founded Year Domain Location
Imperial Capital is engaged in private equity investments.
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Multiple sectors are invested in by this private equity fund.
Locked Locked Locked
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Investor details for MRO

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  • Investor domains
  • Investor locations
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  • Participation history

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Investments & Acquisitions by MRO

MRO has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include Clinetic, Cobius Healthcare Solutions and Figmd.

Investments
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Investment portfolio details for MRO

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Acquisitions
Company Name Description Domain Location Founded Year Amount
Provider of data analysis and diagnostic tools for clinical trial professionals
Locked Locked 2017 Locked
Healthcare quality measurement and improvement solutions are delivered.
Locked Locked 2010 Locked
Outsourced quality reporting measures are provided to acute healthcare facilities.
Locked Locked 2007 Locked
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Complete acquisition details for MRO

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Financial Statements - MRO

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Detailed financials for MRO

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Mro Comparisons

MRO Primary company
Description
Secure PHI exchange solutions are provided for healthcare or...
Location
Norristown, United States
Founded Year
2002
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
1,546
As of 2022
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Peer comparison for MRO

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Competitors of MRO

MRO operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Metriport, Verato, eBlu Solutions, Artisight and NaviNet, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Provider of interoperability platform for healthcare providers
Locked Locked Locked
Disparate identities are resolved, linked, and privatized via SaaS technology.
Locked Locked Locked
Administrative management solutions for healthcare professionals' support programs are provided.
Locked Locked Locked
IoT solutions for healthcare monitoring and fall prevention are provided.
Locked Locked Locked
Healthcare collaboration network for providers and insurers is facilitated.
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Detailed competitors of MRO

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Latest news on Mro

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Complete news archive for MRO

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  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about MRO

MRO was founded in 2002 and raised its 1st funding round 12 years after it was founded.

MRO is headquartered in Norristown, United States. It is registered at Norristown, Pennsylvania, United States.

MRO is a funded company, having raised a total of $22.48M across 1 funding round to date.

As of Dec 31, 2022, the latest employee count at MRO is 1,546.

MRO offers solutions for secure, compliant and efficient exchange of Protected Health Information (PHI) for healthcare organizations. The solutions include a technology-driven suite for PHI disclosure management. Also supports value-based initiatives like interoperability, meaningful use, and health information exchange. Offer solutions for Release of Information, Government and Commercial Payer Audit Management, Accounting of Disclosures, Direct Secure Messaging, Interoperability Services and Document Management. Featured at 3290 on Inc. 5000 list of fastest growing companies in America (2015), 1 for Release of Information Quality and Overall Performance, HIM Services Performance 2015: Coding, Transcription, Release of Information, KLAS, Ranked Most Innovative Disclosure Management Firm USA 2015, Corporate LiveWire, Category Leader for the Release of Information (ROI) services market segment, Best in KLAS: Software Professional Services report, 2013201420152016.

MRO's top competitors include Verato, eBlu Solutions and Artisight.

MRO offers Clinical Data Exchange Platform (CDXP), Audit Manager, and Exchange Connector.

MRO has made 5 acquisitions, including Clinetic, Cobius Healthcare Solutions, and Figmd.

MRO has 2 investors. Key investors include Imperial Capital, and Parthenon Capital.

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