Physician Wins $250,000 Seed Investment Prize For Medical Price Transparency Startup

Chicago, IL (August 6, 2015) – A Northbrook Illinois-based startup founded by Dr. Michael Tagge, MyHealthMyPrice, was awarded the first ever Talus Tank investment prize of $250,000.00. MyHealthMyPrice beat out eight other finalists in what turned out to be a grueling pitch competition, with each startup trying to impress the Talus Tank team, comprised of six investment members.

 

Based off the highly successful television series “The Shark Tank”, The Talus Tank was launched in early 2015 by Dr. Severko Hrywnak to give entrepreneurs an opportunity to present their ideas or products involving healthcare to a panel of investors to receive funding and support.

“Dr. Tagge’s innovative business model has the potential to deliver what the healthcare market needs such as cost control, high quality and access to care, but does it in a manner that is disruptive and counter to everything going in the insurance-dominated healthcare market today. By merging open competition by providers, real-time all-inclusive pricing for patients, a guaranteed payment system, and a web based software solution to tap into the excess capacity in medicine, he has made something that will be the next big thing in medicine” said Dr. Hrywnak.

MyHealthMyPrice most recently launched its price-transparent, all-inclusive hernia surgery network in addition to the already launched medical concierge service which assists patients in accessing, pricing, and financing affordable medical care. Catering to both patients and medical providers, MyHealthMyPrice has developed a proprietary model that reduces medical procedure costs without financially harming medical providers and allows patients to maximize options, affordability, and convenience, and all at no costs to join.

“MyHealthMyPrice is about giving control of healthcare back to those who matter: the patient and the physician. The investment Talus Tank members have made today will help us achieve this goal” said Dr. Mike Tagge.

Look for the next Talus Tank winner to be announced on the 31st of October, 2015.

For more information on MyHealthMyPrice please visit: www.MyHealthMyPrice.com