MARPAI INC. ANNOUNCES COST REDUCTION PROGRAM AND PROPERTY SUBLEASE
MRAIMarpai(MRAI) Prnewswire·2024-05-02 18:00

TAMPA, Fla., May 2, 2024 /PRNewswire/ -- Marpai, Inc. ("Marpai" or the "Company") (Nasdaq: MRAI), an independent national Third-Party Administration (TPA) company transforming the 22billionTPAmarketsupportingself−fundedemployerhealthplanswithaffordable,intelligent,healthcare,todayannouncedtheimplementationofacomprehensivecostreductionprogramandthesubleaseofoneofitsproperties.Theseinitiativesareexpectedtogenerate22 billion TPA market supporting self-funded employer health plans with affordable, intelligent, healthcare, today announced the implementation of a comprehensive cost reduction program and the sublease of one of its properties. These initiatives are expected to generate 3 million in annual savings and position the Company for c ...