Under the current “fee for service” system, since providers can provide any type of care at any price, the system turns out to be very expensive for both employers and patients while not always profitable for many providers.
When Oron Afek, co-founder of Vim, investigated the American health insurance arena, he immediately identified lack of innovation as a key problem. “I think that Apple brought to the world an unprecedented experience that integrated software and hardware. I look at leading high-value providers, the ones who are really good at delivering better healthcare at lower costs with more efficiency, and it reminds me of Apple Iwallet that seamlessly connects the payer and the provider, creating seamless referrals, prior authorizations, scheduling, etc’.”
Inspired by how efficient marketplaces have been scaling in other industries such as hospitality and commerce, Afek decided to tackle one of America’s challenging industries: together with his two Israeli co-founders, Asaf David and Yael Peled, he created Vim, which builds an operating system for healthcare networks, allowing payers and providers to collaborate and form value based care networks on a large scale.