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MARPAIRX REVOLUTIONIZES PHARMACY BENEFITS WITH UNPRECEDENTED TRANSPARENCY AND SAVINGS
Prnewswire· 2025-07-24 12:01
Core Insights - Marpai, Inc. has relaunched MarpaiRx, a pharmacy benefit management solution aimed at enhancing member experiences and reducing costs for health plans in the $150 billion TPA market [1][2][3] Group 1: MarpaiRx Features - MarpaiRx offers complete transparency with no hidden fees or surprise markups, ensuring real savings for health plans and members [2][6] - The solution employs advanced technology to identify the most cost-effective medications, focusing on lowest net costs [6] - MarpaiRx enhances member experience by streamlining prescription delivery, prior authorizations, and financial assistance coordination [6] Group 2: Cost Management Strategies - The program addresses high specialty drug costs through real-time technology and a multi-pronged approach [5][6] - It includes international sourcing for specific medications to secure discounts while maintaining supply chain integrity [6] - Flexible copay programs are designed to incentivize members to choose cost-effective specialty medications [6] Group 3: Market Context - According to a 2024 study, over 24% of healthcare spending is allocated to prescription drugs, highlighting the need for cost-effective pharmacy benefits [3] - Marpai operates in a competitive landscape, serving self-funded employer health plans that represent over $1.5 trillion in annual claims [7]
MARPAI TO HOST WEBCAST ON MAY 15, 2025 TO DISCUSS FIRST QUARTER 2025 FINANCIAL RESULTS
Prnewswire· 2025-05-07 20:03
Group 1 - Marpai, Inc. is a leader in innovative healthcare technology and Third-Party Administration (TPA) services, planning to host a conference call on May 15, 2025, to present Q1 2025 operational and financial highlights [1][2] - The company operates in the $150 billion TPA sector, serving self-funded employer health plans that represent over $1.5 trillion in annual claims [3] - Marpai's initiative, Marpai Saves, aims to deliver the healthiest member population for health plan budgets, providing access to leading provider networks including Aetna and Cigna [3] Group 2 - The conference call will take place at 8:30 a.m. ET, with options for participants to join via phone or webcast [2] - A replay of the conference call will be available within 2 hours after the call ends, accessible until May 22, 2025 [2] - Investors can find more information about the company and its services on its investor relations website [3]