medZERO: A FinTech App Making Healthcare Affordable

27/09/2022 52 min Temporada 1 Episodio 8
medZERO: A FinTech App Making Healthcare Affordable

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Episode Synopsis

In this week’s episode, host Mike Moore talks to Craig Froude, the CEO and co-founder of healthcare fintech app medZERO, which helps lower healthcare costs for employers and provides higher quality services to employees. Many Americans can’t afford a surprise expense of $400 without going into debt – yet the average family will spend over $3200 in out-of-pocket health costs this year alone. medZERO bridges that gap by giving employees on-demand access to funds to pay their out-of-pocket healthcare expenses over time—at zero interest and with zero fees. Today, Mike and Craig discuss the state of the American healthcare system, Craig’s background at WebMD, how medZERO is helping make healthcare more accessible than ever and more.In This Episode(02:52) Setting the stage for medZERO (05:51) Craig’s background at WebMD, and how he helped found medZERO(10:55) medZERO’s early challenges(17:42) How medZERO works(19:08) Two primary use cases(26:12) How medZERO benefits employers(30:15) medZERO’s development, and where it’s at now(36:13) The biggest challenges facing medZERO as it grows(42:31) How medZERO helps refinance medical debtOur GuestCraig Froude is the CEO of medZERO. Before that, he co-founded a technology-enabled health management company called WellMed. In 2002, WellMed successfully sold to WebMD, where Craig ran WebMD Health Services (WHS) for seven years as Executive Vice President/General Manager before becoming President in 2010. Resources & LinksLinkedIn: Mike MooreLinkedIn: The Bleeding Edge of Digital Health