How Price Transparency will Make Healthcare Shopping Easier
Could Price Transparency Help Make Healthcare Shopping Easier?
Join me as I sat down with Ahmed Marmoush, Founder and CEO of Handl Health to hear his story, and learn more about Handl Health.
Ahmed was born in Egypt but grew up in New Zealand, where he studied at the University of Auckland and received a Bachelor of Pharmacy. d
He then went to work at a Hospital in New Zealand as a clinical pharmacist where he got to experience everything from primary care in the field to geriatric care in a hospital setting. This gave him a ton of exposure to healthcare operations, where his frustration with the status quo in the system started.
An encounter with the US Healthcare system, where he was charged $800 for a blood test when he was under the impression that his preventative care was free, introduced him to the complex insurance model of care in America and sent him down the path that eventually led to the creation of Handl Health.
Handl Health is a consumer-facing application that employers use to help them comply with the healthcare price transparency legislation, known as the CAA.
With Handl, members can simply shop for healthcare pricing, arrange their appointments, and manage their personal healthcare finances with ease.
The ideal employer for Handl's solution is a self-funded employer, typically above 50 lives, who want to offer a care management tool for their employees.
Handl ingests thousands of terabytes of data from hospital pricing files, normalizes that data, and uses it to assist in the member shopping experience for healthcare.
The focus is not just on price, but the quality of care being delivered as well.
Handl Health is poised to make a big impact on the healthcare industry, and it's an exciting time to witness the digital transformation and transparency push happening in the marketplace.
Don't miss this episode and learn more about the future of healthcare with Handl Health!
Chapters:
0:00 Intro to Ahmed
4:33 Quarantine in New Zealand
9:15 Intro to New Zealand Healthcare
20:52 Early Entrepreneurship
27:53 What is Handl Health?
36:35 Compliance with the CAA
41:22 Price Shopping Tool
45:55 Public vs Private Healthcare
51:20 Future of Handl Health
54:35 Closing Thoughts
