What BMC2 does

BMC2 (BMC2 Cardiovascular Consortium) is a healthcare quality improvement consortium founded in 1996 and based at the University of Michigan's North Campus Research Complex in Ann Arbor. It operates as a collaborative registry and benchmarking initiative enrolling 50 hospitals, 69 teams, 350+ interventional cardiologists, and 225+ vascular specialists across the state of Michigan, with 750,000+ patients impacted by its quality initiatives. The consortium maintains prospective clinical registries for percutaneous coronary intervention (PCI), vascular surgery, and structural heart procedures (MISHC), supplemented by the Michigan Cardiac Rehab (MiCR) Network and the CARES peer support program.

Its core technology stack is centered on web-based registries built on REDCap, with Okta-based two-factor authentication, NextCloud for secure document sharing, and integration with the NCDR/CathPCI registry. BMC2 develops proprietary risk-adjustment calculators and machine learning models for clinical risk prediction, including models published in the European Heart Journal. The data asset — 600,000+ PCI cases since 1996 and 50,000+ vascular surgery cases since 2012 — forms the basis for benchmarking, peer review, and dashboard analytics commissioned by Blue Cross Blue Shield of Michigan.

BMC2's business model is a consortium model rather than a conventional commercial SaaS model. Services are provided to participating hospitals and physicians at no direct cost; funding flows from Blue Cross Blue Shield of Michigan through the Value Partnerships program and supports coordinating center operations, data abstraction payments to sites, Pay-for-Performance payments to hospitals, and Value-Based Reimbursement payments to physicians. Go-to-market is community-led and relationship-driven, executed through bi-monthly coordinator meetings, physician meetings, annual collaborative-wide gatherings, peer-reviewed publications, and BCBSM-aligned incentive programs rather than direct sales.

Name

BMC2

Legal name

BMC2 Cardiovascular Consortium

Website

https://bmc2.org

Company type

Private

Founded year

1996

Operating status

Operating

Headcount range

11–50 employees

Short description

BMC2 is a Michigan-based cardiovascular quality improvement consortium founded in 1996 that runs prospective PCI, vascular surgery, and structural heart registries across 50 hospitals and 575+ physicians, funded by Blue Cross Blue Shield of Michigan.

Ownership category

akta.pro rank

Product category

Healthcare Quality Improvement & Clinical Registries

NAICS

Outpatient Care Centers (6214)

SIC

Hospital & Medical Service Plans (6324)

akta.pro primary industry

Clinical Document & Data Exchange (C-CDA, CCD, Direct Messaging) (HLACABAI)

akta.pro secondary industry

Healthcare & Clinical Professional Development (CME/CE) (EDAGANAJ)

Keywords

• Cardiovascular quality improvement
• Clinical registry data
• Percutaneous coronary intervention
• Vascular surgery registry
• Healthcare collaborative

Headquarters

HQ city

Ann Arbor

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales

Revenue model

1. Blue Cross Blue Shield of Michigan Funding: BCBSM financially supports BMC2 through coordinating center operations, direct payments to participating sites for data abstraction, Pay for Performance payments to hospitals, and Value-Based Reimbursement payments to physicians.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels7 records

Core offering

BMC2 is a healthcare quality improvement consortium that operates clinical registries (PCI and Vascular Surgery) for hospitals and physicians across Michigan. It provides data collection, risk-adjusted performance benchmarking, peer review, best-practices dissemination, free risk-adjustment calculators, and quality improvement consultation to participating sites. Its offerings are anchored by 25+ years of longitudinal registry data covering 600,000+ PCI cases and 50,000+ vascular surgery cases, supported by BCBSM Pay-for-Performance and Value-Based Reimbursement incentives.

Differentiator

Problem solved

Functional benefit

Products and services

• PCI Quality Improvement Registry
• Vascular Surgery Intervention Registry
• Risk-Adjustment Calculators
• PCI Shared Decision-Making Risk Prediction Tool
• Michigan Cardiac Rehab (MiCR) Network
• Michigan Structural Heart Consortium (MISHC)
• CARES (Coping with AdveRse EventS) Peer Support Program
• Health Outcomes Dashboards

Quantifiable outcome

• Sites prescribing <10 pills for designated procedures increased from ~60% to over 80% between 2018-2021
• +2 more outcomes

Named customers3 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration7 records

AI capability3 records

Feature3 records

Partnerships

Six partnerships are on record, tiered core and secondary.

• Michigan Value Collaborative (MVC)coreStrategic or Co-development PartnerMVC supports BMC2 through creation and sharing of data related to cardiac rehabilitation utilization, readmission rates, and other post-discharge quality improvement opportunities. BMC2 and MVC collaborate on the Michigan Cardiac Rehab (MiCR) Network.
• OPEN (Michigan OPEN)coreStrategic or Co-development PartnerOPEN helps BMC2 identify best practices for opioid prescription in post-surgical patients. Using OPEN's work, BMC2 set performance targets in Vascular Surgery, leading to significant improvement from ~60% of sites prescribing <10 pills in 2018 to over 80% in 2021.
• Michigan Society of Thoracic and Cardiovascular Surgeons Quality Collaborative (MSTCVS-QC)secondaryStrategic or Co-development PartnerMSTCVS-QC is a valued partner in the Michigan Structural Heart Consortium (MISHC), BMC2's structural heart quality improvement initiative focused on TAVR and mitral valve procedures.
• Michigan Urological Surgery Improvement Collaborative (MUSIC)secondaryStrategic or Co-development PartnerBMC2 partners with MUSIC to provide the CARES peer support program for vascular surgeons, offering emotional support by connecting surgeons with trusted colleagues who have been through similar experiences.
• Healthy Behavior Optimization for Michigan (HBOM)secondaryStrategic or Co-development PartnerHBOM collaborated with BMC2 and Michigan Tobacco Quitlink to offer no-charge tobacco cessation resources to healthcare practices across Michigan, supporting smoking cessation quality improvement goals.
• Michigan Tobacco QuitlinksecondaryStrategic or Co-development PartnerMichigan Tobacco Quitlink partners with BMC2 to support smoking cessation initiatives and quality improvement goals for vascular surgery patients, celebrating 20 years of helping Michiganders become tobacco-free.

Scale indicators9 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• NCDR / ACC CathPCI Registry: American College of Cardiology's national PCI registry that BMC2 itself imports from; a broad incumbent providing PCI benchmarking and QI at national scale, complementing and partially overlapping with BMC2's PCI work.
• Society for Vascular Surgery Vascular Quality Initiative (SVS VQI): National vascular-surgery quality registry with analogous risk-adjusted benchmarking, outcome tracking, and quality-improvement mission to BMC2's Vascular Surgery registry; competes for hospital participation nationwide.
• ACS National Surgical Quality Improvement Program (ACS NSQIP): American College of Surgeons' national, risk-adjusted surgical outcomes registry; analogous in methodology (risk-adjusted benchmarking, peer review, site feedback) to BMC2's Vascular Surgery registry.
• AHA Get With The Guidelines: American Heart Association's flagship national hospital quality-improvement program for cardiovascular care; covers coronary, stroke, and heart-failure QI with similar registry/benchmarking mechanics to BMC2's registries.

Regional players

• CorHealth Ontario: Ontario-wide cardiac care quality collaborative funded by the provincial government; mirrors BMC2's model of regional cardiovascular QI across PCI, vascular, and structural heart procedures but in a different (Canadian) geography.

Direct peers

• Michigan Urological Surgery Improvement Collaborative (MUSIC): BCBSM Value Partnerships-funded specialty QI collaborative for urology running on the same consortium model as BMC2; MUSIC and BMC2 already collaborate on the CARES peer-support program.
• Michigan Value Collaborative (MVC): A BCBSM Value Partnerships-funded hospital collaborative that, like BMC2, uses claims-based data to drive quality and cost improvements across Michigan; partners directly with BMC2 on the Michigan Cardiac Rehab Network.
• Michigan Society of Thoracic and Cardiovascular Surgeons Quality Collaborative (MSTCVS-QC): Michigan-based multi-specialty quality collaborative for cardiac and thoracic surgery that partners with BMC2 on the Michigan Structural Heart Consortium (MISHC) for TAVR and mitral valve quality improvement.
• Healthy Behavior Optimization for Michigan (HBOM): BCBSM Value Partnerships-funded collaborative focused on healthy-behavior QI in Michigan; shares BMC2's consortium-of-Michigan-hospitals funding model and partners directly with BMC2 on tobacco-cessation initiatives.

Others

• Blue Cross Blue Shield of Michigan Value Partnerships program: The umbrella payer-funded program (operated by BCBSM) that funds BMC2 along with peer CQIs (MVC, MUSIC, MSTCVS-QC, HBOM); defines the funding and P4P/VBR model BMC2 operates within.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCJiT1SFBnVK5sjuAABEWkVw
• LinkedInlinkedin.com/company/bmc2cardiovascularconsortium
• Xx.com/BMC2_

Revenue estimate

Valuation estimate

Number of profiles

Profiles16 records

Subsidiaries3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about BMC2