COMPASS Project

A block-chain and AI-enabled platform for democratizing health care and accelerating innovation
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The Problem

America’s healthcare system needs disruption as costs rise and outcomes decline.
- Oliver Kharraz, MD, Founder/CEO ZocDoc

  • Esclating Healthcare Costs

    We pay more for less.

    • The US has the highest health care costs per capita yet ranks 46th globally in life expectancy.

    Venture Capital in Healthtech

    We make big bets.

    • In 2023, $25 billion in venture capital was invested into healthtech companies globally, the 5th biggest investment.

    Astounding Rate of Failure

    Yet healthcare innovation is failing.

    • HealthTech industry has an 80% startup failure rate, with 98% of digital health startups failing.

  • 3 Reasons for Failure

    No Market Need: Some Healthtech should not be invested in or built.

    Poor Design: Some Healthtech solutions fail to meet the need of patients and providers.

    Bad Data: Incomplete, lagging and biased data leads to faulty decision-making and strategy.

The Solution

Health care is inherently human, demanding a level of social responsibility that is at the core of what it means to being human. - Michael Oleksiw, CEO of Pleio

AI-Powered Patient Centered Design

North Star: Startups and innovators who integrate story-driven insights and comprehensive data more deeply into product research and design will see higher adoption rates and lower time-to-market.

The Visionary

Sheila Phicil, MPH, MS, MP, FACHE

The Visionary behind the COMPASS Project

Sheila Phicil, MPH, MS, MP, FACHE, is a social innovation architect with over 15 years of experience driving transformative and innovative healthcare solutions.

Holding dual Master’s degrees in Public Health and Financial Economics, along with a PMP certification, Sheila has led major initiatives at prestigious medical institutions in Boston, significantly improving healthcare outcomes and addressing disparities.

Her personal experiences and professional achievements underscore her commitment to empowering communities and fostering sustainable, equitable healthcare solutions.

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