PHILADELPHIA--(BUSINESS WIRE)--Transparent Health Marketplace, Inc. (THM), a transformative healthcare technology company, today announced the appointment of Kim Tzoumakas to its board of directors.

"We are pleased to welcome Kim to our board,” said Jim Mayhall, president of Transparent Health Marketplace. “As a recognized leader and innovator, Kim brings a unique perspective and keen operational focus which will continue to position THM for ongoing success as our business grows. I look forward to her strategic guidance as we transform the workers’ compensation and commercial health insurance markets.”

Ms. Tzoumakas is a seasoned healthcare executive and board member, with over 20 years of leadership expertise. Most recently serving as a board member and CEO of 21st Century Oncology, she worked closely with the equity owners and bond holders to transform the company, leading to a successful sale. Earlier she spent 18 years with Hall Render as a managing partner of the Michigan office and as a board member, counseling national healthcare companies faced with financial and regulatory challenges. She has extensive experience advising boards on strategic partnering, growth and sale opportunities, and has served as a counselor and advisor to several nonprofit and for-profit boards throughout her career.

Ms. Tzoumakas holds a bachelor’s degree in business administration from Northwood University, as well as a J.D. from Western Michigan University Thomas M. Cooley Law School.

“I am honored to join THM’s board of directors at this exciting time in the company’s growth.” said Kim Tzoumakas. “THM is poised to lead a new wave of innovation in the healthcare industry and I am passionate about and looking forward to supporting their mission to deliver true competition and fair pricing for healthcare services, while also reducing costs and administrative friction.”

About Transparent Health MarketplaceTM

Transparent Health Marketplace (THM) operates a digital marketplace connecting payors and providers of healthcare services in an open platform featuring market-driven pricing. Replacing outmoded network contract models with its innovative marketplace approach, THM allows providers to name their price and to be paid quickly with the exact amount they bid for contracts they are awarded. Combining marketplace dynamics with automated billing, payments and scheduling, THM delivers cost savings for payors, growth opportunities for providers and new efficiencies to the healthcare industry. For more information, visit http://transparenthealthmarketplace.com