New Client Momentum Highlights Rapid Adoption of Marpai's Disruptive Healthcare Platform
TAMPA, Fla., Feb. 23, 2026 /PRNewswire/ -- Marpai, Inc. (MRAI), a leader in innovative healthcare technology, Third-Party Administration (TPA), and Pharmacy Benefit Management (PBM) services, has announced two significant strategic client wins for its rapidly growing MarpaiRx division. These wins add over 19,000 covered lives and further accelerate Marpai's expansion as a next-generation healthcare platform.
The company believes that these achievements validate its differentiated model and reflect a growing market demand for technology-driven solutions that challenge the traditional PBM ecosystem. Both implementations are expected to be fully operational early in the second quarter of 2026.
The first strategic win involves MarpaiRx taking over rebate management for a business representing approximately 16,000 employees. This expansion was secured through a strategic collaboration, showcasing Marpai's capability to integrate seamlessly with key industry players to drive value.
The second win adds over 3,000 employees for TPA and MarpaiRx rebate management services, with anticipated growth throughout the remainder of 2026. This business was driven by a separate strategic collaboration, further affirming the attractiveness of Marpai's PBM offering to health plan consultants and brokers.
CEO Damien Lamendola stated, "We believe that these wins reflect a clear inflection point in our growth trajectory. We are building a highly scalable healthcare platform designed to generate powerful network effects, recurring revenue streams, and expanding margins. As adoption continues to accelerate, we believe Marpai is uniquely positioned to deliver exponential growth and long-term shareholder value."
MarpaiRx aims to fundamentally disrupt the legacy PBM model through advanced analytics, proprietary clinical intelligence, and innovative plan designs that align incentives across employers, members, and providers. Unlike traditional PBMs, Marpai's platform leverages data, automation, and strategic partnerships for measurable cost savings while creating a scalable, high-margin growth engine.
With each new client addition, Marpai strengthens its platform economics, increases operating leverage, and expands its addressable market within the multi-hundred-billion-dollar healthcare benefits sector.
These latest wins signify another key milestone in Marpai's execution strategy, reinforcing the company's transformation into a rapidly growing, technology-enabled healthcare platform poised for sustained expansion.
Marpai, Inc. (OTCQX: MRAI) operates subsidiaries providing TPA, PBM, and value-oriented health plan services to employers directly paying for employee health benefits. Competing primarily in the $150 billion TPA sector serving self-funded employer health plans representing over $1.5 trillion in annual claims, the company works to deliver the healthiest member population for health plan budgets through its Marpai Saves initiative. Operating nationwide, Marpai offers access to leading provider networks including Aetna and Cigna. For more information, visit www.marpaihealth.com. Investors can also visit https://ir.marpaihealth.com.
For detailed information on Marpai and risk factors affecting forward-looking statements, readers are encouraged to refer to the company's filings with the Securities and Exchange Commission available at www.sec.gov. Explore more about Marpai on Inside Ticker for continuous updates.