Fixing U.S. Healthcare with Mark Newman of Nomi: Cutting Costs Through Innovation

Reimagining Affordable Healthcare with Mark Newman of Nomi Health In this compelling episode, Michael connects with Mark Newman, co-founder and CEO of Nomi Health, to tackle the unsustainable state of the U.S. healthcare system. Mark shares a bold vision: rebuilding healthcare from the ground up to be 30–50% more affordable. With every American contributing $1,600 annually to Medicare, Mark emphasizes that we can't afford not to innovate. Together, they unpack how business-minded strategies can drive healthcare transformation—making it not only more cost-effective but more accessible for everyone. Cutting Through Complexity: Transparent Pricing in Healthcare Michael and Mark dive deep into one of the healthcare system’s most pressing pain points: the lack of pricing transparency. From surprise bills to excessive admin burdens, they expose how the system drives up costs and burns out providers. Mark offers a refreshing solution—transparent, upfront pricing with no copays or deductibles. This model empowers patients, increases provider compensation, and saves employers and families money. It’s a call to action for simplicity and clarity in care. Preventative Care: The $500 Billion Solution What if we could save half a trillion dollars a year by focusing on prevention instead of reaction? Mark presents a transformative idea: double the compensation of primary care providers and pivot the system toward proactive, preventative care for every American. The initial investment—around $200 billion—pales in comparison to the potential economic impact: a trillion dollars returned annually to businesses, families, and government. Michael and Mark explore how prioritizing wellness today can dramatically reshape our health and financial future. Fixing What’s Broken: A Smarter Approach to Healthcare Wrapping up the conversation, Michael and Mark shine a light on the root inefficiencies plaguing today’s healthcare ecosystem. From misaligned incentives that reward reactive treatment to outdated administrative processes, it’s clear the system needs a redesign. Mark calls for a healthcare model that prioritizes simplicity, efficiency, and preventative care. He encourages listeners ready to be part of the solution to learn more at nomihealth.com.  Mark Newman Co-founder and Chief Executive Officer, Nomi Health Mark Newman is a visionary leader who is reshaping the healthcare landscape as the co-founder and CEO of Nomi Health. With a relentless focus on eliminating inefficiencies in the traditional healthcare system, Mark and his team are driving innovation to make care more accessible, affordable, and effective. Under his leadership, Nomi Health is revolutionizing healthcare delivery, cutting costs by up to 30% while ensuring better patient outcomes. Mark is a bold entrepreneur and changemaker committed to challenging the status quo and building a future where healthcare works for everyone. LinkedIn:  https://www.linkedin.com/in/marknewman/ Website:  https://www.nomihealth.com/