-- Thanks, Health to of us. and Maestro be our Simon. Good and XXXX acquisition thank pleasure results. Marpai morning, Health joining It's here our a everyone, you for of to QX discuss review
is acquisition why bit the Yoram me and later August let know, describe you on, Marpai. as I Marpai announced little believe transformational acquisition of about you Maestro on probably for we deal a tell will Now the of the a terms X, this Health. but
and some highlights, are foremost. Here first
acquisition doubles approximately First, revenue. the our
that we getting are value-added we Second, have. didn't products
this also synergies with non-dilutive is level and us million almost realized $XX Maestro fund closer is to Five, we this cash leaving beyond. the the breakeven acquisition our planned our Third, that seller believe balance plan. and on financed sheet, the will EBITDA integration Four, of by the seller. entirely acquisition propels and
Maestro that it Health. that about customer a employees. Maestro many retention Maestro services known Now job administrator high-quality Like approximately their by a in a is third-party great self-insure evidenced very is In as a high well its Marpai, XX,XXX servicing does bit ways, similar to rates. base the market employers, TPA as XX is who Marpai.
currently employers, who around self-insure XX,XXX Marpai While services XX employees. approximately also
to In compared million that resell than lower terms own their the their services as their ours providers annual contract with resources. The clinical which customers of are they are million These low-margin provide have don't customers. needed. trailing Maestro's revenues $XX important management to Maestro's of XX containment. they Instead, and let is Also, X are or cost they they directly services, revenues, third-party currently revenues months $XX value-added approximately so. our reason third-party with
revenues Marpai third-party include services. by these pass the providing service, been X X products. own are from revenues as This XX% close provider. these is all significant of revenues which its Maestro's to By services these from its keeping the derived proprietary using providing is Maestro these and technology, very resources, by of service the people to Now to you keep of X services until the now, has amount third-party a that along most services. customers When you fraction third-party paid and resell customer of a our reselling
a product more bit Let's detail. these dive lines in into X
where like other members which require This weight. wellness plans clinicians of clients working or hourly losing service require is they management. diabetes quitting or need disease like with some and that is or health on It a care First, health an help nurses health includes basis. to monitoring have managing other journeys smoking billed a
it that One about AI-driven predictions. this excited fits with so the reasons is product I'm Marpai's of perfectly
management proactive Care member's events. of ER our costly events visits, predicts something Marpai means This lower less care we managing in journey. actively about is the mean these employers. know, the doing for matching of clients, cost terms could self-insured all healthier members you costly for of about As And know course, members.
take these generates claim relevant. savings its of that specialty, for meaning high-cost settled of source $X,XXX $XX,XXX same sponsored into categories. big or This real lower client. month takes or second example, wait Maestro and savings monthly monetized by a -- $XX,XXX products drugs the fee. client the our drug A for that product program $XXX,XXX, for a Now fee is These savings line a is claims, of, approach shared $XX,XXX of out-of-network not its moving generates that The to large percent as hard is pricing in fee. of assistant the Again, a patient introduce a for of includes I cannot that Often, is at client, network a bill would base. services settling model. savings containment. into a for Maestro or member the a a like on savings executed it as cost to prescription largely are for can month cost. include and get where Aetna drug that Cigna percent say, a pharma
clear for In and think synergies, terms of all see. I obvious are these to
synergies. and revenue significant both expect We expense
services into side, that base revenue our sell to our we we and hope X Maestro we customer the have value-added AI-driven own products to customers. the hope that homegrown Maestro's On to sell
to become to the next to lead over expense company should XX X savings. expecting one the substantial we're side, which months, On
While -- now and plan right plan, are Day. soon closing for companies teams on on executing management expect contract integration calls the within closing. both of hard to to start an occur is goal Labor integration working XX closing closing my days, after The we the the after actual
as of providing to providing our will guidance for we is much the we figures. in how As difficult QX quarter for We earnings hope resume to included quarter in revenues release, the us it on stated are not the estimate Maestro's third be guidance third call.
second Moving quarter. to on the
our at in than $X.X higher guidance. Our slightly revenues million, came
We broker. number with customers are XXXX, to that are their the to decided add X thousands hard the in employee that reason that Together, to have work of termination that to ensure who new an new want to said meaning that for a will X,XXX excellent terminate account termination of stress we X. is push we with we lives. The will strategic January continuing us. in-house terms nothing these has we of that are I internal customers, customers purely This to termination issue an have were and do contracts. with also The these Marpai. continuing to have X, additional to we do these to lives. you address for to September are fulfill is contract growth of in related approximately the post-deal stronger inform contribute products for believe effective priority Marpai which run. we failing bigger through one with us, customers a stronger I organic obligated It's as our to a long opinion, and we organic the growth want with large
the always this lose I although Now thing is hate in to right a case, do. to customer, it
far adds growth new lives loss so by these. pushing the XXXX, activities, new including organic exceed hard are our X/X of will from We
the quarterly over to it and hand worked before acquisition numbers, all go terms I the the Now Maestro to thank Yoram that a to extremely through want reality. deal make I people to hard
is transformational. And I work yet, is making indeed think deal just the the starting. course, Of happen
to as and consultants who So the of all employees, thank this deal. seller Maestro and advisers you employees AXA, the as is representatives in well
us truly hand let big I you believe Yoram? this capturing to large them over so a now it happen, to to you closer me represents strategic enable this a all. and forward segment. our this a $XX market of brings All goal thank slice amazing of huge fulfilling leap deal billion Marpai to acquisition And of for Yoram.
