Breaking Open the Black Box of Healthcare: A Conversation with CEO Mark Newman | Ep 1036
Episode description
In this episode of The Digital Executive podcast, host Brian Thomas sits down with Mark Newman, co-founder and CEO of Nomi Health, to discuss his mission to transform America’s healthcare system. Newman, a seasoned entrepreneur, previously founded HireVue, revolutionizing AI-driven talent assessment before shifting his focus to healthcare. He shares how his passion for human resources and business innovation led him to create a more transparent and direct healthcare experience, benefiting employers, providers, and patients alike. By cutting through industry inefficiencies, Nomi Health has helped organizations reduce healthcare costs by over 30% while ensuring faster provider payments and zero out-of-pocket costs for patients.
Newman highlights the systemic issues plaguing U.S. healthcare, particularly the lack of price transparency and the inefficiency of provider payments. He argues that while technology—AI, machine learning, and digital tools—plays a crucial role in modernization, the real driver of change is the growing demand from consumers, employers, and HR leaders for a more accountable system. By leveraging data analytics and direct contracting models, Nomi Health aims to simplify transactions, eliminate unnecessary costs, and empower stakeholders to take control of their healthcare decisions. Tune in to the full episode to hear how Newman and his team are working to dismantle the barriers of traditional healthcare and pave the way for a more efficient, patient-centric future.