Marpai pursues education market with AI-powered health plan services to improve outcomes and lower costs for school districts

NEW YORK, December 21, 2021 / PRNewswire / – Marpai, Inc., (“Marpai”) (Nasdaq: MRAI), a deep learning technology company transforming third-party administration in the self-funded health insurance market, establishes a center of excellence in the health insurance market ‘education to provide high-end health plan services to neighborhood schools across the country. Recently, Marpai began serving four school districts in Texas, representing 39 schools, including Region 14 Education Service Center, Abilene Independent School District, Crowley Independent School District and Pearland Independent School District.

“School systems want to provide the best health care to their members and also offer great value,” said Edmundo González, CEO of Marpai. “We believe our technology can make it easier for educators and their families to avoid costly health events, access top-quality care, and maintain annual check-ups that improve member health and profitability. their health regime. We are committed to working with unions and brokers to serve more school systems across the country, because our educators deserve this kind of high-end healthcare experience. “

Synolo, a leading provider of employee benefit plans for the education market, and the US Employee Benefits Services Group (USEBSG) have collaborated with Marpai to bring Marpai to Texas educators. “We believe that Marpai’s proactive approach to healthcare reflects Texas the schools’ commitment to providing the best health care options to ensure that employees and their families stay healthy, ”said Dan Robinson, President and CEO of Synolo. “Marpai’s technology platform guides members to quality providers and affordable health services in their area, which can make a real difference, especially when a person needs to find a new doctor. “

Marpai is an AI-powered TPA (third-party administrator) alternative serving self-funded health plans with premium services that can help improve member health and lower health plan costs. Marpai uses proprietary deep learning models to help predict short-term health conditions so members can work with clinical care guides to prevent or reduce costly events. Marpai also guides members to network providers (ranked in the top 10% based on quality), offers on-screen telehealth, and provides appointment reminders that allow members to follow annual reviews, screenings and vaccinations.

“We chose Marpai for the Texas districts because we believe it provides the support people need to anticipate health problems, avoid big medical bills and stay healthy, ”said Rick niles, Texas, managing director of the United States Employee Benefit Services Group (USEBSG). “These school districts now have the ability to access the best health care available, and it ends up costing everyone less.”

To learn more about Marpai’s SMART health plan services for education, visit www.marpaihealth.com.

About Marpai, Inc.

Marpai, Inc. (“Marpai”) is a technology company providing an AI-based alternative to traditional TPAs ​​(third-party administrators) in the self-funded health plan industry, accounting for over $ 1 billion in healthcare claims. annual health and 95 million Americans. Marpai uses advanced technologies, including proprietary predictive deep learning models, to reduce healthcare costs and increase health outcomes. Marpai’s SMART Health Plan premium services predict healthcare member states to avoid costly events, improve quality of care, and empower members to lead healthier lives. Marpai serves more than 60 self-funded employers and more than 40,000 members nationwide, offers world-class supplier networks including Aetna and Cigna, and partnerships with brokers and consultants. For more information, visit www.marpaihealth.com.

Forward-looking statements

This press release contains forward-looking statements, as that term is defined in the Private Litigation Reform Act of 1995, that involve significant risks and uncertainties, including statements regarding expected fourth quarter results. Forward-looking statements can be identified by the use of words such as “expect”, “expect”, “intention”, “plans”, “believe”, “research”, “estimate”, “may” , “May”, “could”, “will”, “potential”, “should”, “objective” and variations of these words or similar expressions. Readers are cautioned not to place undue reliance on these forward-looking statements, which reflect Marpai’s current expectations and speak only as of the date of this release. Actual results may differ materially from Marpai’s current expectations depending on a number of factors. These factors include, but are not limited to, adverse changes in general economic and market conditions, competitive factors including, but not limited to, pricing pressures and new product launches, uncertainty about customer acceptance of new product offerings and market changes, the risks associated with managing the growth of the Company. Except as required by law, Marpai assumes no responsibility for the revision or update of forward-looking statements, whether as a result of new information, future events or otherwise.

More detailed information about Marpai and the risk factors that may affect the realization of forward-looking statements are set out in the documents filed by Marpai with the Securities and Exchange Commission. Investors and security holders are urged to read these documents free of charge on the SEC’s website at http://www.sec.gov.

Media contact:
Erika Beer for Marpai
[email protected]
407-758-2727

Investor Relations Contact:
Dave gentry
RedChip Companies Inc.
1-800-RED-CHIP (733-2447)
Or 407-491-4498
[email protected]

SOURCE Marpai Health

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