Healthcare Market Problem
A never ending increase in annual healthcare premiums, patient deductible and out-of-pocket costs
- Lack of price transparency needed to identify high cost facilities
- Impossible for consumers to effectively comparison shop for healthcare services
- Confusing bills with no easy way to manage, track, and pay for healthcare
Employers and employees feel stuck. Medxoom enables employers and their covered members to make smarter, well informed, care choices.
Intuitive white label platform and services supporting cost containment programs
- Ready for your brand, responsive web portal and mobile apps
- Real-Time web services for easy integration to existing solutions
- Infinitely scalable data platform fueled by your plan’s claims, market data, and reliable 3rd sources
- The most advanced Machine Learning and AI technology available in market
- Payment and financial services built in and ready to deploy
Health care is gobbling up your wages
A recent report highlights U.S. household incomes have barely changed over the past 20 years on an inflation-adjusted basis due in large part to the exploding costs of employer health coverage. Healthcare costs have risen dramatically and consumed almost all household income growth. Medxoom is working to help employers gain some visibility into medical procedure price and quality variance to save money with our proprietary pre-service comparison shopping technology.
A recent study by RAND Corp. has shown large variances in hospital prices and quality for all procedures. As the fight by employers and patients for price transparency continues, Medxoom’s comparison shopping technology can help can help consumers navigate the system to help find highest quality lower cost hospitals in their region.