Mark Newman (Videra Health)

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Overview

Mark Newman is a prominent entrepreneur and businessman in the healthcare technology sector, best known for co-founding Videra Health and Nomi Health. Videra Health, based in Orem, Utah, focuses on AI-driven remote patient monitoring solutions for healthcare professionals, whereas Nomi Health, also founded by Newman, works towards creating a direct healthcare system to improve the efficiency and reduce the costs associated with healthcare delivery. Newman's journey has been marked by his ability to leverage technology in transforming both the healthcare and talent acquisition industries, having previously founded HireVue, a company innovating in digital interviews.

Recent Developments

In recent years, Mark Newman has been notably active in evolving the landscape of healthcare through his ventures.

  • May 21, 2024: Videra Health raised $5.6M in funding to enhance its mental health AI solutions. The funding round included several prominent investors such as Rose Park Advisors and Mercato Partners.
  • October 2, 2024: Videra Health announced a partnership with North South Consulting Group aimed at preventing suicide-related deaths among service members.
  • September 28, 2023: Videra Health partnered with Discovery Behavioral Health and Brigham and Women's Hospital to launch Discovery365, an AI platform intended to cut relapse rates in mental health patients.
  • November 1, 2023: Videra Health introduced an AI Digital Health Companion, a patient chatbot that utilizes voice, text, and video.
  • Videra Health has been actively expanding its advisory board to guide growth and impact in its use of AI-driven patient engagement.

Personal Information

AttributeInformation
Full NameMark Newman
BornNot publicly disclosed
NationalityAmerican
OccupationEntrepreneur, Businessman
Known ForCo-founder of Videra Health and Nomi Health, Founder of HireVue
Net WorthNot publicly disclosed
EducationWestminster College (Salt Lake City)

Early Life and Education

Mark Newman grew up in Utah, where he attended Westminster College in Salt Lake City. During his time in college, he demonstrated an early inclination towards entrepreneurship, founding his first company, HireVue, at the age of 20. This ingenuity was facilitated by a unique internship agreement with his professor, which allowed him to focus on building his business while fulfilling academic requirements. Newman's environment in Utah played a significant role, sparking his interest in utilizing technology to solve traditional challenges, a passion that he has carried through his career.

Career and Notable Achievements

Mark Newman's career is distinguished by his founding of several influential companies:

  • HireVue: Founded while Newman was in college, HireVue revolutionized the hiring process by introducing digital interviews. The company was later sold to the Carlyle Group, marking a significant success in Newman's career.
  • Videra Health: Co-founded by Newman in 2019, Videra utilizes AI to provide remote patient monitoring, aiming to enhance healthcare delivery through technology.
  • Nomi Health: Established in 2019, Nomi Health aims to drive down healthcare costs by delivering direct healthcare solutions. The company gained significant traction during the COVID-19 pandemic by offering testing and care solutions at scale.
  • Noteworthy Milestones: Under his leadership, these companies have collectively raised millions in venture capital and coverage in the tech and healthcare media landscapes.

Mark Newman Utah

Mark Newman's impact in Utah is considerable, as both Videra and Nomi Health are based in the state. His work has significantly contributed to the local economy by creating jobs and driving innovation in healthcare technology. Newman's entrepreneurial activities are a testament to Utah's burgeoning tech scene, known colloquially as the Silicon Slopes, which has become a hub for technological and healthcare innovations.

Mark Newman HireVue

Mark Newman's founding of HireVue marked a pivotal moment in the recruitment industry, with the company being renowned for pioneering digital and asynchronous job interviews. This innovation enabled a more effective and efficient hiring process, allowing companies to access a broader talent pool. The success of HireVue paved the way for Newman's later ventures, with the sale to Carlyle Group underscoring his business acumen.

Conclusion

Mark Newman's career reflects a trajectory of consistent innovation and an unwavering commitment to leveraging technology to address significant industry challenges. His ventures, notably Videra Health and Nomi Health, continue to make a notable impact on healthcare delivery, striving for efficiency and accessibility. As Newman continues to push for advancements within these sectors, his work is likely to leave a lasting legacy, both in Utah and the broader healthcare industry.

References

  1. Mark Newman Videra Health Overview
  2. Mark Newman Biography
  3. Videra Health Recent Developments
  4. Nomi Health and Mark Newman's Vision
  5. LinkedIn Profile of Mark Newman