Nomi Health

By 2025, employer-sponsored health plans are projected to exceed $16,000 per employee. The Nomi Health-Trinity Health MI collaboration introduces a direct contracting solution for self-funded employers in Grand Rapids and western Michigan. This approach eliminates traditional insurance intermediaries, aiming to help businesses provide high-quality care to their employees while protecting their financial health. Our model has the potential to yield cost savings of up to 30% for businesses and their employees. Read the announcement: https://lnkd.in/ec3_MhFE

Nomi Health and Trinity Health MI announced a new collaboration today for western Michigan's self-funded employers. Our direct contracting model is designed to significantly reduce costs while expanding access to Trinity Health's comprehensive care network. This innovative relationship offers a bold solution to combat the rising cost of health insurance - a major challenge facing Michigan businesses. Read the full press release to learn more: https://lnkd.in/ec3_MhFE

Our CTO, Boe Hartman, calls for practical, secure, and scalable solutions in fintech and healthcare payments - industries ripe for disruption as we focus on real-world impact.

What we learned from Money20/20 USA: U.S. healthcare is a $4.5 trillion market and growing. By changing our healthcare payment paradigm, the U.S. could save hundreds of billions of dollars, while also improving access to care. Thank you to Boe Hartman, Matt Dill, Sam Maule, and Maia Bittner for such an insightful panel! #Money2020

The Behavioral Health Tech 2024 Conference is almost here! 🎉 We are excited to join the largest conference dedicated to advancing access to mental health, substance use, and IDD care access. Come experience an exclusive demo at Booth #500 on November 6th at 10 am - we'd love to meet you!

Welcome to Healthcare Reality Check, a Nomi Health newsletter where we shine light on healthcare issues, innovations, resources, and solutions.

Navigating U.S. healthcare is a lot like playing basketball 🏀 — full of complex plays and unexpected fouls. Just as coaches adjust their strategies to win, employers must rethink their approach to tackle rising healthcare costs. We would like to thank Michigan State's Basketball Coach, Tom Izzo, and SVP of Strategic Growth at Nomi, Heath Parker, for reminding us that winning requires changing the way you play the game. At Nomi Health, we're building a direct healthcare system that simplifies care, cuts costs, and gives employers more control.

Poor cybersecurity practices at United Health Group and Change Healthcare caused a $1T disaster. The Health Infrastructure Security and Accountability Act of 2024 (Bill S.5218) gives much-needed attention to severe vulnerabilities across the healthcare sector. We at Nomi Health support this bill. The Change breach in early 2024 is a clear example of how a security breach can bring our healthcare system almost to a halt, creating massive ripple effects for providers and patients that persist weeks, months, or years later. Given ongoing exposure to significant threats and a fragmented operating system of payers, providers, and patients, implementing basic measures like ongoing stress testing and other minimum security requirements — standard in many other industries — is the right first step. As a team that includes experts from the financial services and enterprise software sectors who have deep experience in security systems, we support S.5218 as a means for mandating the improvement of the security posture of our nation’s payers and major healthcare systems. #HealthInfrastructureSecurity #SB5218 #HealthcareData #Cybersecurity

Money20/20 USA, the premier event for financial innovation, is just days away! Nomi Health is excited to be part of the conversation about the future of healthcare finance. Our CTO, Boe Hartman, will lend his expertise to a panel on "Medical Payments: Opportunities in a $5 Trillion Market". While other industries have modernized their financial systems, healthcare payments have lagged behind. Boe will join Sam Maule of MOOV and Co-host of the Artificially Intelligent Podcast, Maia Bittner of CHIME and also a Co-host of the Artificially Intelligent Podcast, and Matt Dill from Visa and Arbor Ventures to share how healthcare payments can benefit from a FinTech approach. #Money2020USA #HealthTech #FinTech

Nomi Health's CTO Boe Hartman will be speaking at Money20/20 USA next week! As the world's largest fintech event, Money 20/20 is where the future of finance takes shape. Boe will be part of an expert panel discussion on "Medical Payments: Opportunities in a $5 Trillion Market". With 30 years of experience driving financial innovation at Goldman Sachs, Barclays, and Capital One, Boe will bring our unique perspective to the table on how FinTech can tackle healthcare's biggest challenges. Learn more here: https://lnkd.in/dRnKCKU4 #Money2020USA #HealthTech #FinTech