2015 yearly cost of healthcare per employee
Source: Towers Watson

Healthcare costs increasing 6% per year, almost 3x the cost of inflation
Source: Center for Medicare & Medicaid Services

Cost variation for a total hip replacement operation in Boston MA
Source: Blue Cross Blue Shield

Every year employers are missing opportunities to save and employees pay more and more out of pocket. Luckily there's finHealth Navigator to address these problems.

On average, healthcare bills have an error rate of 12.7%, representing $45.8 billion in improper payments
Source: 2014 Medicare CERTS Testing

The number of cents on each dollar spent on your health plan that goes toward administration and profit for your third party administrator for paying your employees' medical bills.

The number of NEW disease classification codes going into effect on October 1, 2015.  This will likely result in a significant increase in the number and dollar magnitude of medical billing errors.

We provide the data analytics you need to drive positive health outcomes and optimize the efficiency of the complex, error prone billing process.

Our Value Proposition:

The healthcare app landscape is highly complex. The offerings range from healthcare billing software to software that updates Electronic Health Records to data analytics that impact clinical health outcomes and even to wearable devices/apps that track personal health data such as blood pressure, steps walked and even the quality of your nightly sleep.

There is no shortage of healthcare “big data”, but the looming challenge is harnessing available data to drive positive health outcomes and optimize the efficiency of the complex, error prone billing process.

finHealth is positioned in a very unique niche within that landscape, as we deliver powerful data analytics to simplify and control healthcare costs.


Knowledge is power when it comes to safeguarding your healthcare dollars.

The finHealth app educates the user on critical (and often non-intuitive) healthcare costing practices, fosters benchmarking versus critical targets, delivers fingertip access and transparency to your organization’s costs across several dimensions and isolates common healthcare billing errors through its proprietary risk-scoring algorithms.

We are absolutely committed to delivering substantial cost savings to your organization, so committed in fact that our business model is predicated 100% on delivering results to clients BEFORE we get paid.

Safeguarding your healthcare dollars.

Our Mission:

finHealth seeks to be your trusted advisor in safeguarding your healthcare dollars. Whether you are a self-insured plan that bears the ultimate cost of healthcare expenditures, a large medical provider/third party administrator who wants to bill customers with full integrity, or a health system


that is embracing a role as an accountable care organization, finHealth stands ready to support you with world class solutions and expertise. We look to achieve this lofty goal through education, benchmarking, data transparency and proprietary algorithms.



We are actively seeking customers that share a common vision for the future. In addition to managing healthcare costs, claim data can play a powerful role in educating patients, providers and stakeholders as to the impact of their healthcare decisions, and ultimately promote healthy & efficient outcomes for employees and their families.

finHealth Solutions for:

A new company with proven success.

Our History:

finHealth is a relatively new company, but our founder and CEO holds a track record of delivering exceptional value to his customers, and continually reshaping the industry he helped create. Jim Arnold started the recovery audit company Apex Analytix in 1988 to safeguard the spending for large global organizations.

This was an incredibly radical concept at the time – that large organizations made significant errors paying their bills. Over the next 25 years, Jim and his team built APEX into a global leader in payment integrity, serving 200+ organizations (including one-third of the Fortune 100).

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Jim Arnold

Jim Arnold is the founder and CEO of finHealth. finHealth’s primary mission is to “Simplify & Control Healthcare Costs” for large self-insured plans and their employees. It is a lofty goal, but not dissimilar from Jim’s initial ambitions when he launched APEX Analytix back in 1988. Over twenty-five years, Jim was able to grow a one-man operation into a $40 million+ global company that currently serves over 200 Fortune 500 clients with audit services and software.

While there are similarities to APEX in using technology to audit payments, finHealth operates in an even more challenging arena due to complex eligibility requirements, stringent healthcare regulations, arcane medical coding rules and a large pool of specialized medical knowledge/jargon. Much like APEX, Jim plans to achieve success for our clients through a combination of education, benchmarking, cost transparency, powerful data analytics and proprietary algorithms.

Prior to founding APEX, Jim spent two years at Texaco, Inc. as a programmer/analyst working on a cash and banking system. Jim moved to the General Foods/Philip Morris organization in their corporate audit function in order to earn his CPA. After nearly 4 years within corporate audit, Jim was promoted to Manager of Financial Planning for their Maxwell House Coffee division. In that capacity, Jim oversaw financial planning and analysis for nearly $1 billion of annual coffee purchases. Jim is certified as a CPA, CMA, CAPP, CISA and CFE.

Jim Arnold
Founder and CEO


David is a CPA and has a deep 25 year history within the Siemens Corporation. Working in various finance roles, David advanced to VP, Accounting & Finance for the Siemens North American Shared Services in Orlando. David moved to an entrepreneurial role at APEX Analytix in 2009, where he served as the Senior VP of Operations for APEX’ global audit services & payment integrity technology solutions for 6 years. During that span, David was responsible for all aspects of customer delivery, process design and relationship management resulting in APEX growing over 40%. David now is helping launch finHealth’s leading edge healthcare analytics solution to the Fortune 1000.

David Hester
Senior VP of Business Development



673 Wampler Drive
Charleston, SC 29412