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Outcomes Rocket
Why Simplifying Healthcare Payments Matters with Brian Cosgray, co-founder and CEO of Elevate
May 31, 2024
Elevate's goal is to bring modern technology to the traditionally stagnant healthcare sector.
In this episode, Brian Cosgray, co-founder and CEO of Elevate, explains how he and his team are revolutionizing the consumer-direct benefits industry. He discusses how Elevate simplifies healthcare payment processes by offering pre-tax benefit accounts like health savings accounts, and how by leveraging technology such as AI and APIs, they streamline claim submissions, reducing processing time to provide real-time reimbursements. Brian shares insights into the company's journey, including the shift from selling directly to employers to partnering with platforms employees already use, like payroll or benefits administration portals. He also emphasizes the importance of simplicity and responsiveness in healthcare transactions and highlights Elevate's role in bringing modern technology to a traditionally stagnant sector.
Tune in and learn how Elevate is transforming the way people access and utilize healthcare benefits!