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Stock impact report

MARPAI ANNOUNCES NEW "OFF CYCLE" CLIENT CONTRACT [Yahoo! Finance]

MARPAI INC A (MRAI) 
Company Research Source: Yahoo! Finance
TAMPA, Fla. Aug. 27, 2024 /PRNewswire/ -- Marpai, Inc. ("Marpai" or the "Company") (OTCQX: MRAI), a technology platform company, operates as a national Third-Party Administrator (TPA) through its subsidiaries. We're transforming the $22 billion TPA market by offering affordable, intelligent, healthcare solutions to self-funded employer health plans. The Company announced that it has closed a new contract with a client which is set to begin on September 1 st Marpai once again is strengthening its client base in the southeast this time with a partner based in Florida , bringing nearly 1,500 employee lives with an innovative self-funding solution offering the ease of level funding. John Powers , Marpai President commented, "The vast majority of new clients come on January 1 st , so it's always nice to pick up a new client "off-cycle". Our sales team continues to gain momentum by offering our Marpai Saves program driving value-oriented solutions with top notch customer service. It's Show less Read more
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