MedCity News March 18, 2024
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.
Rising healthcare costs are a major concern for employers in 2024 as they battle inflation, provider shortages and increasing drug costs. After raising $4.8 million in seed funding last week, one startup aims to drive cost savings for employers and employees through its AI-driven platform.
New York City-based Milu Health works with self-insured employers and advisors and connects with electronic health records (with employees’ consent). It then uses AI to parse through the records, as well as the employee’s health plan, to find ways for them to access better-quality care at a lower price. It then...