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Milu Health helps employers and consultants lower healthcare costs and improve benefits value for employees. It does this by analyzing electronic health records (EHR) and insurance claims data to spot hospital bills that may be miscoded or overbilled, helping employees avoid overpaying. It also uses data analytics to tailor health benefits to individual employees based on their health plans and personal data, so they can use the most appropriate and cost-effective options. The service integrates with existing employer and consultant workflows without requiring changes to current health plan designs, carriers, or networks. Revenue comes from offering cost-saving and benefits-optimization services to employers and consultants. Overall, the goal is to reduce healthcare spend for employers while ensuring employees receive better-aligned benefits.
Industries
Data & Analytics
Consulting
Enterprise Software
Healthcare
Company Size
11-50
Company Stage
Seed
Total Funding
$4.8M
Headquarters
New York City, New York
Founded
2013
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Total Funding
$4.8M
Above
Industry Average
Funded Over
1 Rounds
Industry standards
Remote Work Options
Flexible Work Hours
Milu Health's $4.8 million seed round was led by Andreessen Horowitz (a16z) Bio + Health and included participation from BoxGroup, PagsGroup and 81 Collection.
Milu Health, a health tech company that uses AI to drive cost savings in healthcare for employees and employers, today announced its seed financing of
Milu Health announces $4.8M seed round led by a16z Bio + Health and partners with employers to expand employee access to ai-driven health savings platform.
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Industries
Data & Analytics
Consulting
Enterprise Software
Healthcare
Company Size
11-50
Company Stage
Seed
Total Funding
$4.8M
Headquarters
New York City, New York
Founded
2013
Find jobs on Simplify and start your career today