Tampa, United States
Marpai Administrators LLC, founded in 2019, is revolutionizing the realm of Third Party Administration (TPA) by deploying AI to enhance health outcomes for self-funded employer health plans in the United States. With a mission encapsulated in its slogan, "Tech company using AI in third party administration to maximize health outcomes for self-funded employer health plans", Marpai provides technology-driven solutions that deliver maximum value by reducing costs and improving outcomes.
Offering comprehensive TPA services including partnerships with premier provider networks such as Aetna and Cigna, worry-free claims processing, and a pharmacy benefits management that achieves over 75% savings, Marpai distinguishes itself in the competitive healthcare industry. Their innovative tools, like the myMarpai App and myMarpai Medical Shopping Tool, empower members to make informed healthcare choices.
Notably, their proprietary MarpaiRx solution provides significant savings and rebates across 60,000 pharmacies, ensuring cost efficiency amid rising healthcare costs. Supported by a recent $701.95K Post-IPO Equity investment, Marpai is poised for further growth in the Health Care and Health and Wellness sectors, navigating successfully through the challenges of a rapidly shifting industry landscape.
