Full-Time
Posted on 6/18/2024
Optimizes employee healthcare costs and benefits
Expert
Evanston, IL, USA
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Milu Health focuses on reducing healthcare costs and optimizing benefits for employees. The company analyzes electronic health records (EHR) and insurance claims data to find hospital bills that may be incorrectly coded or overbilled, helping employees avoid overpaying for medical services. Additionally, Milu Health uses data analytics to recommend the most suitable health benefits for individual employees based on their health plans and personal data. This personalized approach ensures employees access the most cost-effective health benefits. Milu Health partners with employers and consultants to integrate its services seamlessly into existing health plan designs, making it easy for employers to adopt their solutions. The company generates revenue by providing these cost-saving services to employers and consultants, ultimately delivering value that drives profitability. Milu Health's goal is to simplify healthcare expenses and enhance benefits utilization for employees.
Company Size
1-10
Company Stage
Seed
Total Funding
$4.7M
Headquarters
New York City, New York
Founded
2013
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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.