us. Good first to and everyone, Simon. for a of thanks here Thanks, to pleasure quarter be discuss joining results morning, financial XXXX. the It’s the of
in the time strategy. to first done just take we you for joining and one let our I’ve the As me of review past, are minute for that some are who
at manage in insurance or from plans which employees, would carry just offices, health is not card our doctor’s insurance as country, a a a self-insured people present to health one rather elect company, for how pharmacies, app, employers Marpai Marpai technology XXX,XXX benefits digital for with which health hospitals their or create self-insure. large the their country We but they company. buy Almost a is work around health wallet card on traditional their to and they around We the the Marpai with reinventing employers often the clients. plans employees. provide that
management plans, to for employees, money on claims managing make eventually health of fees clients. we all our clients’ and our administering of these, include them related paying reviewing Now behalf the health their care which
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them members We XXX said improves the clients our and For cost the save XXXX. of first proactively value revenue engaging That’s reached what by Marpai’s populations million We $X.X we a across do. almost manner in our employee yes, is healthier of as quarter money country, less. that before, during clear. I’ve proposition clients health their
and excluding profitability. Our the towards and this going was negative EBITDA it severance into it $X.X of activities forward view was $X.X report on but our negative unused facilities, gives metric million, shareholders million. consolidation drive a our our effects as We’ll
– for health During Health, QX acquisition, we in Marpai to which Maestro plan completed quarter, the XXXX. continued me, our we integration forgive execute first for an of
have We eliminated consolidated functions. certain most duplicate contractors, and eliminated outsourced positions, contracts,
employee of over new in of of search All lives. scale greater been given has efficiency this XX,XXX our
We budget. are plan executing per per our our and
the up and Given public even begin effects QX and this QX. costs, investors break into other the in will of see consolidation cost of severances to
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of of care now have But Marpai management the example, provided by For acquisition management have the many us. an yet with clients before not do we Maestro, legacy acquisition company. care our internal
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they Some three I looking investors look should of ask would me for what in at terms be key metrics. things.
we adjusted profitability. This operations. our these our Supporting month mentioned, are towards metrics, per employee I discontinued we as excluding and of per employee report the journey that show earn. net you lives First, EBITDA manage, will which course, revenue loss, we
word about the In future. a closing, me let say
we’re care of how that the I to lives. our solutions the may like ecosystem there. described These best are technology build other last chronic out conditions best a make our vendors unique During evidence-based clinical in vendors. members’ difference diabetes. deploying AI a They and members have value-based These call, represent of of
clients, think fees And lower solutions the you provide employers, and also a of the specific value-based, health our against As these point families, mentioned, gathered cost members. a course, marketplace role We solution as of at of overall the will AXc, put vendors programs. evidence of to care. health populations Amazon as mini results you success based risk for have of they example, as a care member. means these their for this? lower cost their deliver We employees in meaning these I’ve less. for have But that’s in all self-insured it healthier for our to are such right our What’s that
base deploying to We our customer this XXXX. are watch I ecosystem this joint space. you invite throughout during
our detailed CFO, for And now more me view it turn let Bibring, over QX. Yoram to of Yoram? financials in our a
