EXCLUSIVE: Marpai Unveils 'Marpai Connect Platform,' Aims To Improve Member Health And Lower Costs For Employers

Marpai, Inc. MRAI, an AI-powered Third Party Administrator, announces the launch of its platform, Marpai Connect.

Marpai Connect is an artificial intelligence and data-driven matchmaking platform that actively connects health plan participants with various value-based providers. 

Marpai Connect offers self-insured employers a way to reduce the risk and cost of healthcare spending. MRAI intends to offer Marpai Connect to other healthcare payers starting in 4Q23.

"We realized that chronic diseases are currently representing 41% of the cost across our book of business. To address those costs, Marpai Connect started to partner with the best value-based solutions for chronic conditions. As of June 2023, Marpai Connect will offer more new vendors," stated Lutz Finger, Marpai's President of Product and Development.

"Marpai Connect is not just about reporting cost trends, rather we're helping plan members improve their health and this leads to savings for employers," commented Edmundo Gonzalez, CEO of Marpai.

"We have ambitious plans. We aim to grow our value-based-care network to cover more than 15 different disease states," stated Mr. Finger. 

Price Action: MRAI shares are down by 2.26% at $0.68 premarket on the last check Monday.