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SOURCE Symbiosis Health
Chicago based health startup Symbiosis Health expands its footprint
CHICAGO, July 14, 2014 /PRNewswire/ -- Symbiosis Health, a Chicago-based healthcare startup, announced the launch of its services in New York. This announcement is consistent with the company's mission of expanding its footprint nationwide. Often described as the Expedia of healthcare, Symbiosis Health is an online market place for medical services that empowers consumers to compare pricing from different providers in order to obtain the most convenient and cost-effective care possible.
When asked why the company chose New York and not some other city, Piyush Kedia, CEO Symbiosis Health, states, "Since we came out of Blueprint Health, a healthcare accelerator, we have deep ties with New York City so that was the obvious choice to launch after Chicago." Kedia further adds, "Due to the growth of consumer driven health plans, there is increasing demand for tools that help consumers take control of their medical expenses."
The reality in healthcare today is providers are losing billions each year and consumers are paying a lot more for their medical services so Symbiosis is looking to close that bridge through its online healthcare marketplace. Kedia agrees to that, stating, "Providers lose billions in revenue each year due to the increased cost of collection from patients with high deductible plans. Our direct pay network guarantees payment, creating a complete solution for both patients and providers. Consumers in Chicago have used Symbiosis Health to save thousands of dollars in medical expenses, and we're excited to bring the same experience to the Metro New York region."
It has been a busy week for Symbiosis as the announcement to launch in New York comes after the company's participation in Techweek Chicago 2014, a weeklong conference celebrating some of the city's most innovative companies.
ABOUT SYMBIOSIS HEALTH
Symbiosis Health is a healthcare startup that allows consumers to compare costs of medical services, schedule, and pre-pay for services such as radiology imaging and lab panels. The company is a graduate of Blueprint Health, a healthcare accelerator in New York.
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