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Nomi Health
Mark Newman's Nomi Health sells a direct-contracting stack that connects employers and governments to providers, claiming to cut healthcare costs by up to...
Nomi Health
Nomi Health was co-founded by CEO Mark Newman to strip out what the company calls the 'layers upon layers of healthcare bureaucracy' inflating US medical costs. The firm sells its integrated platform of financial services, analytics, and a direct provider network to three buyer groups: self-insured employers, government entities serving vulnerable populations, and the brokers and consultants who advise them. The company bundles payment rails, claims adjudication, and population-level analytics into a single direct-contracting stack. Employers use the platform to purchase care at what Nomi claims is up to a 30% discount by eliminating traditional carrier spreads. Government partnerships extend clinical and payment programs into care deserts, while the analytics module gives brokers third-party validation on program impact. The firm's website publishes impact counters but is silent on underlying revenue, deployment, or patient-volume methodology. Newman chairs a six-person C-suite that includes COO Joshua Walker, CTO Boe Hartman, CFO Jeff Pashalides, CMO Betsy McVay, and CRO Erik Murray. The company operates from Orem, Utah. No adjacent investment vehicles, philanthropic foundations, or external club affiliations are disclosed. Nomi Health's public materials describe a technology-and-services operating company; they do not characterize the entity as a family office, asset manager, or traditional venture-backed startup. Nomi Health sits outside the standard family-office typology: it is a privately held operating company that sells healthcare infrastructure, not a capital-allocation vehicle for a single fortune. There is no disclosure of an external LP base, fund structure, or management company. The structural risk — and differentiator — is that all customer-facing scale figures are self-published by the firm with no public audit trail.
General information
Firm type
Other
Year founded
—
AUM
Undisclosed
Location
Region
North America
Country
United States
City
Orem
Corporate office
Orem, UT, United States
Principals
Mark Newman
chief executive officer
Joshua Walker
chief operating officer
Boe Hartman
chief technology officer
Jeff Pashalides
chief financial officer
Betsy McVay
chief marketing officer
Erik Murray
chief revenue officer
Sector focus
Frequently asked questions
Is Nomi Health a family office or a technology company?
Nomi Health presents itself as a direct healthcare company — an operating business, not a capital-allocation vehicle. It sells a bundled platform of payment infrastructure, analytics, and a curated provider network to employers and government agencies. There is no public indication that it manages a single family's patrimony or operates as a multi-family office; its website does not reference an asset-management mandate, LP commitments, or investment fund structures.
How does Nomi Health generate revenue?
Nomi Health functions as a direct-contracting intermediary. Employers and government entities purchase access to its network of providers and its payment and analytics platform. The firm promises savings of up to 30% versus traditional insurance-negotiated rates, presumably capturing a portion of that margin, though its specific fee model — per-claim fees, platform subscriptions, or outcome-based pricing — is not publicly detailed on its current website.
Who makes strategic decisions at Nomi Health?
The leadership page lists a six-person C-suite led by founder and CEO Mark Newman. The team includes COO Joshua Walker, CTO Boe Hartman, CFO Jeff Pashalides, CMO Betsy McVay, and CRO Erik Murray. There is no board of directors or external investment committee disclosed on the firm's site.
Does Nomi Health take outside capital from institutional investors?
Nomi Health's website does not disclose a capitalization table, venture funding rounds, or institutional limited partners. It describes itself as a direct healthcare company without specifying whether it is bootstrapped, venture-backed, or held by a single family; no Form D filings or press releases are referenced on its public pages to clarify its funding structure.
What is Nomi Health's physical footprint?
The firm is headquartered in Orem, Utah, and describes partnerships with local cities, counties, and states across the US. Its self-reported impact counters reference large-scale program reach, but specific clinic locations, office cities, or operational states are not enumerated on its website, and no additional offices are listed.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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