Marpai

Marpai, Inc. offers a SMART health plan services system that transforms health plan into a health empowerment tool. It provides health plan services system addresses the problems of healthcare. The firm uses deep learning, artificial intelligence, to empower people to live better, stay strong and spend less on healthcare. Its SMART health plan services enables companies to provide better healthcare to employees and significantly reduce administration, reinsurance and care costs. The company was founded in January 2021 and is headquartered in Tampa, FL.

Earnings data Q3 2021

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Marpai shifts focus to high-margin clients, improves financial metrics

Marpai's Q1 2024 performance reflected a strategic focus on high-margin clients, leading to improved financial metrics despite a decrease in net revenues. With a strong balance sheet and recent capital actions, the company is well-positioned to pursue growth opportunities in the competitive TPA market.

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NEW YORK , May 2, 2022 /PRNewswire/ -- Marpai, Inc. ("Marpai") (Nasdaq: MRAI), a deep learning technology company transforming third-party administration (TPA) in the self-funded health insurance market, will host a conference call and webcast on Thursday, May 12 at 8:30 a.m. ET to answer questions about the Company's operational and financial highlights for its first quarter 2022.

MARPAI TO HOST FIRST QUARTER FINANCIAL RESULTS CALL ON MAY 12, 2022

Marpai, Inc.'s (MRAI) CEO Edmundo Gonzalez on Q4 2021 Results - Earnings Call Transcript

23% INCREASE IN REVENUE IN THE FOURTH 2021 VERSUS THIRD QUARTER 2021 NEW YORK , March 30, 2022 /PRNewswire/ -- Marpai, Inc. ("Marpai" or the "Company") (Nasdaq: MRAI), an AI-technology company transforming the $22B Third-Party Administrator (TPA) market supporting self-funded employer health plans, today reported financial results for the fourth quarter and year ended December 31, 2021. The Company's consolidated results of operations include the results of operations of Marpai and its wholly owned subsidiary Marpai Health, Inc. for all periods presented, and the results of Continental Benefits, LLC ("Continental Benefit") since its acquisition on April 1, 2021.

MARPAI, INC. REPORTS THE FOURTH QUARTER AND YEAR END 2021 RESULTS

NEW YORK , March 24, 2022 /PRNewswire/ -- Marpai, Inc., ("Marpai") (Nasdaq: MRAI), an AI-technology company transforming the $22B Third-Party Administrator (TPA) market supporting self-funded employer health plans, announced today that Company Chief Executive Officer, Edmundo Gonzalez has been invited to present at the 2022 Virtual Growth Conference, presented by Maxim Group LLC and hosted by M-Vest, on March 28th - 30th from 9:00 a.m. - 5:00 p.m.

Marpai, Inc. to Participate in the 2022 Virtual Growth Conference Presented by Maxim Group LLC and hosted by M-Vest March 29th -9:00 a.m. EDT

NEW YORK , March 21, 2022 /PRNewswire/ -- Marpai, Inc. ("Marpai") (Nasdaq: MRAI), a deep learning technology company transforming third-party administration (TPA) in the self-funded health insurance market, will host a conference call and webcast on Thursday, March 31 at 8:30 a.m. ET to answer questions about the Company's operational and financial highlights for its fourth quarter and year ended December 31, 2021.

MARPAI TO HOST FOURTH QUARTER & FULL YEAR 2021 FINANCIAL RESULTS CALL ON MARCH 31, 2022

NEW YORK, Feb. 17, 2022 /PRNewswire/ --  Marpai, Inc ., ("Marpai") (Nasdaq: MRAI), an AI-technology company transforming the $22B Third-Party Administrator (TPA) market supporting self-funded employer health plans, today announced Google Group Product Manager of healthcare analytics Lutz Finger is joining the company as President, Product and Development.

Google Executive Lutz Finger joins Marpai Health as President, Product and Development

NEW YORK, Feb. 15, 2022 /PRNewswire/ -- Marpai, Inc. ("Marpai" or the "Company") (NASDAQ: MRAI), a deep learning technology company transforming third party administration (TPA) in the self-funded health insurance market, today announced preliminary, unaudited financial information for the fourth quarter of 2021.  Marpai expects its fourth quarter revenues to be in the range of $5.7 to $5.9 million, compared to its previous guidance range of $5.6 to $5.8 million.

Marpai Announces Unaudited Fourth Quarter 2021 Revenues of $5.7 to $5.9 million

NEW YORK, Feb. 8, 2022 /PRNewswire/ --  Marpai, Inc., ("Marpai") (Nasdaq: MRAI), a deep learning technology company transforming the $22B Third-Party Administrator (TPA) market supporting self-funded employer health plans, has launched AI-powered services aimed at reducing costly health claims, lowering reinsurance premiums and elevating care quality for plan members. Employer health plans cover 156 million Americans, and 64 percent of these plans are self-funded plans representing over $1T in health care claims annually.

Marpai Aims to Cut Skyrocketing Health Plan Costs in Half with Launch of Suite of AI-Powered Services

NEW YORK, Jan. 13, 2022 /PRNewswire/ -- Marpai, Inc ., ("Marpai") (Nasdaq: MRAI), a deep learning technology company transforming the $1T+ self-funded health insurance market with AI-powered services, launches Marpai Cares, its premier AI-powered proactive health service.

Marpai's AI-Powered Health Predictions Gain Traction with URAC Accredited Care Management

TAMPA, Fla.--(BUSINESS WIRE)--Marpai, Inc. (NASDAQ: MRAI), a deep learning technology company transforming third party administration in the self-funded health insurance market, today announced that an interview with CEO Edmundo Gonzalez will air on The RedChip Money Report® on Bloomberg TV on Saturday, Jan. 8 at 7 p.m. Eastern Time (ET). Bloomberg TV is available in an estimated 73 million homes across the United States. The RedChip Money Report® is produced by RedChip Companies Inc., an inter

Marpai, Inc. Interview to Air on Bloomberg U.S. on the RedChip Money Report®

NEW YORK, Dec. 21, 2021 /PRNewswire/ --  Marpai, Inc ., ("Marpai") (Nasdaq: MRAI), a deep learning technology company transforming third-party administration in the self-funded health insurance market, is establishing a center of excellence in the education market to provide premium health plan services to school districts across the country.

Marpai Pursues Education Market with AI-Powered Health Plan Services to Improve Outcomes and Reduce Costs for School Districts

NEW YORK--(BUSINESS WIRE)--Marpai, Inc. (“Marpai” or the “Company”) (NASDAQ: MRAI), a deep learning technology company transforming third party administration (TPA) in the self-funded health insurance market, today announced the Company's management and directors purchased $1.1 million of Marpai common stock. Our board member Damien Lamendola, the sole Manager holding the voting and dispositive power over the securities held by HillCour Investment Fund LLC (“HillCour”), increased his beneficial

Marpai, Inc. Insiders Buy $1.1 Million of Common Stock

NEW YORK, Dec. 9, 2021 /PRNewswire/ -- Marpai, Inc. ("Marpai" or the "Company") (NASDAQ: MRAI), a deep learning technology company transforming third party administration (TPA) in the self-funded health insurance market, today reported financial results for the quarter and nine months ended September 30, 2021. The Company's consolidated results of operations include the results of operations of Marpai and its wholly owned subsidiary Marpai Health, Inc. for all periods presented and the results of Continental Benefits, LLC.

MARPAI, INC. REPORTS THIRD QUARTER 2021 FINANCIAL RESULTS

NEW YORK, Dec. 2, 2021 /PRNewswire/ -- Marpai, Inc. ("Marpai") (Nasdaq: MRAI), a deep learning technology company transforming third-party administration (TPA) in the self-funded health insurance market, will host a conference call and webcast on Thursday, December 9 at 4:15 p.m. ET to answer questions about the Company's operational and financial highlights for its third quarter ended September 30, 2021.

Marpai to Host Third Quarter 2021 Financial Results Call on December 9

NEW YORK, Nov. 23, 2021 /PRNewswire/ --  Marpai, Inc ., ("Marpai") (Nasdaq: MRAI), a deep learning technology company transforming third-party administration (TPA) in the healthcare self-funded market,  announced two marketing director hires this month.

Marpai Expands Marketing Leadership With Two New Hires to Drive Member Engagement and Business Growth

TAMPA, Fla., Nov. 16, 2021 /PRNewswire/ --  Marpai, Inc.

Marpai Announces New Service to Fill Gaps in Care to Promote Member Health and Drive Down Healthcare Costs

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The IPO market remained active this past week as 13 IPOs raised $6.3 billion. SPAC activity kept steady with 13 blank check IPOs raising $2.1 billion.

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TAMPA, Fla.--(BUSINESS WIRE)--Marpai, Inc. (the “Company”) (Nasdaq: MRAI), a deep learning technology company transforming third party administration in the healthcare self-funded market, today announced the closing of its initial public offering of 7,187,500 shares of its common stock at a public offering price of $4.00 per share, including 937,500 shares sold upon full exercise of the underwriters' over-allotment option, for gross proceeds of $28.75 million, before deducting underwriting disc

Marpai, Inc. Announces Closing of Initial Public Offering and Full Exercise of Over-Allotment Option

TAMPA, Fla.--(BUSINESS WIRE)--Marpai announced pricing of its IPO of 6,250,000 shares of its common stock at a public offering price $4.00 per share, gross proceeds of $25 million

Marpai, Inc. Announces Pricing of Initial Public Offering

News for Marpai Stock (MRAI)