ZERO.health Company Profile

Background

Overview

ZERO.health, founded in 2016 and headquartered in Tulsa, Oklahoma, is a healthcare technology company dedicated to transforming the healthcare experience by eliminating financial barriers to care. The company partners with employers, healthcare providers, and members to offer a model where employees receive medical services at no out-of-pocket cost, while employers benefit from significant savings on healthcare expenditures.

Mission and Vision

ZERO.health's mission is to simplify healthcare by providing transparent, affordable, and accessible care. The company's vision is to create a member-first healthcare economy that delivers the best combination of cost, quality, and convenience.

Industry Significance

Operating within the healthcare sector, ZERO.health addresses the critical issue of rising healthcare costs and complexity. By offering a zero-cost model for employees and substantial savings for employers, the company plays a pivotal role in reshaping healthcare delivery and financing.

Key Strategic Focus

Core Objectives

Cost Reduction: ZERO.health aims to reduce healthcare expenses for employers by negotiating lower rates with providers and eliminating unnecessary intermediaries.

Member Accessibility: The company focuses on providing employees with easy access to necessary medical services without financial barriers.

Provider Partnerships: ZERO.health collaborates directly with healthcare providers to establish bundled payment models that offer transparent pricing and efficient care delivery.

Areas of Specialization

Bundled Payment Models: Implementing payment structures that cover all services related to a specific treatment or procedure, simplifying billing and reducing costs.

Personal Health Assistance: Offering personalized support to members through Personal Health Assistants who guide them in accessing care and understanding their benefits.

Key Technologies Utilized

Digital Platforms: Utilizing web and mobile applications to facilitate seamless communication between members, employers, and providers.

Data Analytics: Employing data-driven approaches to analyze healthcare costs, identify savings opportunities, and optimize care delivery.

Primary Markets Targeted

Self-Funded Employers: Organizations that assume the financial risk of providing healthcare benefits to their employees.

Healthcare Providers: Hospitals, clinics, and specialists seeking to streamline operations and improve patient satisfaction.

Financials and Funding

Funding History

Total Funds Raised: As of December 2025, ZERO.health has raised approximately $14.07 million in funding.

Recent Funding Rounds: The latest funding round occurred on December 12, 2019, securing $7 million.

Notable Investors: The George Kaiser Family Foundation is among the major investors supporting ZERO.health.

Utilization of Capital

The raised capital has been allocated towards expanding provider networks, enhancing technological infrastructure, and scaling operations to serve a growing number of employer partners and members.

Pipeline Development

Key Pipeline Candidates

ZERO.health's primary focus is on expanding its network of healthcare providers and services rather than developing pharmaceutical or medical device products. The company continually seeks to add new providers to its platform to offer a comprehensive range of services to its members.

Stages of Development

Provider Network Expansion: Ongoing efforts to contract with additional healthcare providers across various specialties and regions.

Service Enhancement: Continuous improvement of the Personal Health Assistant program and digital platforms to enhance user experience.

Target Conditions and Services

ZERO.health covers a wide array of medical services, including but not limited to:

Preventive Care: Screenings, vaccinations, and wellness check-ups.

Diagnostic Services: Laboratory tests and imaging procedures.

Surgical Procedures: Elective and non-elective surgeries across various specialties.

Rehabilitative Services: Physical therapy and post-operative care.

Anticipated Milestones

Provider Network Growth: Aim to increase the number of contracted providers by 20% annually.

Member Enrollment: Targeting a 15% year-over-year growth in member enrollment.

Technological Platform and Innovation

Proprietary Technologies

ZERO Card: A digital card that members use to access healthcare services at no cost, streamlining the payment process and ensuring seamless care delivery.

Significant Scientific Methods

Data Analytics: Utilizing advanced analytics to assess healthcare utilization patterns, identify cost-saving opportunities, and optimize provider contracts.

Predictive Modeling: Employing predictive models to forecast healthcare needs and proactively manage member care.

Leadership Team

Key Executives

James G. Millaway: CEO and Co-Founder. James has a background in healthcare management and has been instrumental in establishing ZERO.health's strategic direction.

Wim De Pril: CTO and Co-Founder. Wim brings extensive experience in technology and engineering, having previously served as VP of Engineering at iTriage.

Jeff Yaniga: Chief Revenue Officer. Jeff has a history of driving revenue growth in healthcare technology companies, including roles at Maestro Health.

Market Insights and Competitor Analysis

The healthcare industry is experiencing a shift towards value-based care models, emphasizing cost reduction and improved patient outcomes. Companies like ZERO.health are at the forefront of this transformation, offering innovative solutions to traditional healthcare financing.

Competitors:

Transcarent: Focuses on providing a digital health platform that offers personalized care navigation and cost transparency.

Carrum Health: Specializes in bundled payment solutions for surgical procedures, aiming to reduce costs and improve quality.

Lantern: Offers a digital health platform focusing on mental health support and resources.

Strategic Collaborations and Partnerships

ZERO.health has established partnerships with various healthcare providers, including lab work at Quest Diagnostics, imaging centers supported by Green Imaging and Radiology Assist, and national GI services through ColonoscopyAssist.

By directly contracting with healthcare providers and eliminating intermediaries, ZERO.health offers a streamlined and cost-effective healthcare experience. This approach not only reduces administrative overhead but also enhances the quality of care by fostering direct relationships between providers and members.

Strategic Opportunities and Future Directions

Geographic Expansion: Extending services to additional states and regions to increase market presence.

Service Diversification: Incorporating additional healthcare services, such as mental health support and chronic disease management, to provide comprehensive care solutions.