Third-party administrator

Strategic Benefit Resources announces the acquisition of OneSource StopLoss

Retrieved on: 
Friday, June 18, 2021
Articles, Business, Economy, OneSource, Outsourcing, Third-party administrator, Outsourced

ATLANTA, June 18,2021 /PRNewswire/ -- Strategic Benefit Resources (SBR) announces the acquisition of OneSource StopLoss (OSSL) effective 4/1/2021.

Key Points: 
  • ATLANTA, June 18,2021 /PRNewswire/ -- Strategic Benefit Resources (SBR) announces the acquisition of OneSource StopLoss (OSSL) effective 4/1/2021.
  • "As Strategic Benefit Resources continues to expand its footprint in the US, establishing a presence on the west coast has been a key initiative to our longer-term growth strategy.
  • OneSource StopLoss President, Jason R. Youngs
    Headquartered in Atlanta, GA, Strategic Benefit Resources (SBR) partners with employee benefit advisors, third party administrators and other intermediaries to provide specialized self-funded health plan expertise, customized outsourced stop-loss insurance services, and unique technology-driven solutions.
  • As consulting underwriters, the OneSource team builds relationships with Brokers and Third-Party Administrators to the benefit of all parties involved.

Dr. Atul Goel Joins eQHealth Solutions’ Commercial Division as Medical Director

Retrieved on: 
Tuesday, April 27, 2021
Data management, Health, Technology, Practice Management, Software, General Health, Health Economics, Goyal, Third-party administrator, Economy

b'eQHealth Solutions, a leading Population Health technology and services company and the developer of the first and only CMS-Certified Care Management technology, has announced that Atul Goel, M.D., has joined their Commercial Division as a full-time Medical Director.\nDr.

Key Points: 
  • b'eQHealth Solutions, a leading Population Health technology and services company and the developer of the first and only CMS-Certified Care Management technology, has announced that Atul Goel, M.D., has joined their Commercial Division as a full-time Medical Director.\nDr.
  • Goel is Board Certified in Family Medicine and brings a wealth of professional experience to the eQHealth team.
  • \xe2\x80\x9cHis exemplary reputation, deep breadth of expertise, and unique medical perspective will be invaluable to eQHealth and the clients that we serve.\xe2\x80\x9d\nDr.
  • eQHealth serves a variety of entities including government and commercial healthcare payers, third-party administrators, and self-insured employer groups.

Amalgamated Employee Benefits Administrators Launches AEBRx - A New Pharmacy Benefit Administration Service

Retrieved on: 
Tuesday, April 6, 2021
Insurance, Insurance industry, Retirement, Third-party administrator, Self-funded health care, Articles, Employee benefits

WHITE PLAINS, N.Y., April 6, 2021 /PRNewswire/ -- Amalgamated Employee Benefits Administrators, one of the nation's leading third party administrators (TPA) for unions, businesses, associations and self-insured plans, announced today that it has launched AEBRx ( www.aebrx.com ), a new Pharmacy Benefit Administration (PBA) service.

Key Points: 
  • WHITE PLAINS, N.Y., April 6, 2021 /PRNewswire/ -- Amalgamated Employee Benefits Administrators, one of the nation's leading third party administrators (TPA) for unions, businesses, associations and self-insured plans, announced today that it has launched AEBRx ( www.aebrx.com ), a new Pharmacy Benefit Administration (PBA) service.
  • Amalgamated Employee Benefits Administrators has partnered with Magellan Rx Management , a full-service pharmacy benefits management division of Magellan Health, Inc. (NASDAQ: MGLN) as the engine for AEBRx.
  • Amalgamated Employee Benefits Administrators (AEBA) is one of the nation's leading third party administrators (TPA) of employee benefit plans for unions, businesses, associations, and self-insured plans.
  • In addition to Amalgamated Life, the Amalgamated Family of Companies includes: Amalgamated Employee Benefits Administrators, a third party administrator; Amalgamated Medical Care Management, a medical care management firm; Amalgamated Agency, a property and casualty broker; and AliGraphics, a printing firm.

Snapsheet, a Claims Management Platform Leader, Secures $30MM in Series E2 Financing

Retrieved on: 
Thursday, March 25, 2021
Cloud infrastructure, Insurance, Third-party administrator, Cloud computing, Articles, Economy

CHICAGO, March 25, 2021 (GLOBE NEWSWIRE) -- Snapsheet , a leader in cloud-native claims management software, announced today it has raised $30MM in Series E2 financing.

Key Points: 
  • CHICAGO, March 25, 2021 (GLOBE NEWSWIRE) -- Snapsheet , a leader in cloud-native claims management software, announced today it has raised $30MM in Series E2 financing.
  • These new funds will be used to accelerate growth and add new functionality to Snapsheets cloud native end-to-end claims management platform.
  • Snapsheet provides simple and fast claims processes and experiences for insurance carriers, third-party administrators, insureds and vendors.
  • Snapsheet leads the industry in claims innovation including the deployment of the fastest digital auto insurance claims process in the United States.

CompOne Administrators Selects Majesco’s ClaimVantage IDAM Solution and Customer Portal to Support Market Growth with New Product Offerings

Retrieved on: 
Tuesday, March 9, 2021
Software, Technology, Professional services, Insurance, Insurance industry, Retirement, Third-party administrator, Insurance, Economy

Majesco, a global leader of cloud insurance software solutions for insurance business transformation, announced today that CompOne Administrators, a leading third-party administrator (TPA) has selected Majescos ClaimVantage Integrated Disability and Absence Management (IDAM) solution and Customer Portal to support their market growth with expanded product offerings.

Key Points: 
  • Majesco, a global leader of cloud insurance software solutions for insurance business transformation, announced today that CompOne Administrators, a leading third-party administrator (TPA) has selected Majescos ClaimVantage Integrated Disability and Absence Management (IDAM) solution and Customer Portal to support their market growth with expanded product offerings.
  • CompOne will pair the solution with the new ClaimVantage Customer Portal, providing their clients employees and managers with 24/7 real-time access to claim and leave information.
  • We are thrilled to partner with CompOne and support their product expansion to meet their customer needs and demands commented Stacy Varney, VP Sales at Majesco.
  • The flexibility of the ClaimVantage IDAM solution will enable CompOnes ability to provide tailored offerings to their customers while ensuring operational effectiveness.

No World Borders Announces Cost Saving Solutions for Employer Self-Funded, Auto Insurance Plans

Retrieved on: 
Tuesday, March 2, 2021
Insurance, Employee Retirement Income Security Act, Self-funded health care, Third-party administrator, Aetna Health Inc. v. Davila

NEWPORT BEACH, Calif., March 2, 2021 /PRNewswire/ --No World Borders, Inc. announced patent-pending technology and services to reduce the cost of medical care.

Key Points: 
  • NEWPORT BEACH, Calif., March 2, 2021 /PRNewswire/ --No World Borders, Inc. announced patent-pending technology and services to reduce the cost of medical care.
  • of No World Borders, said, "Over 75 million Americans have healthcare coverage from an employer self-insured health plan.
  • Employer fully funded plans cover nearly an equal number of Americans.
  • Third-party administrators of ERISA self-insured plans do not always have the tools to evaluate third-party liability, which, if pursued, could significantly reduce the ERISA plan's costs.

REPAY Strengthens B2B Healthcare Payments Offering with Virtual Benefits Administrator Partnership

Retrieved on: 
Friday, February 26, 2021
Professional services, Data management, Technology, Finance, Software, Banking, Insurance, Employee benefits, Third-party administrator, Articles, Economy, REPAY, VBA

Furthermore, REPAYs innovative healthcare payment platform enables benefits administrators to collect premiums or other out-of-pocket expenses incurred by members and automatically updates the VBA system.

Key Points: 
  • Furthermore, REPAYs innovative healthcare payment platform enables benefits administrators to collect premiums or other out-of-pocket expenses incurred by members and automatically updates the VBA system.
  • REPAYs integrated payment platform gives Third Party Administrators (TPAs) total visibility into claims payments from initiation to settlement.
  • Healthcare is in a unique position and primed to follow suit," said Darin Horrocks, Senior Vice President, B2B, at REPAY.
  • Virtual Benefits Administrator (VBA) is a proactive, leading edge software design company providing custom solutions to the insurance industry for nearly 20 years.

Competitive Health, Inc. Welcomes Sandi Santino as our New Senior Vice President of Channel Partnership

Retrieved on: 
Wednesday, February 24, 2021
Insurance, Third-party administrator, Economy

IRVINE,Calif., Feb. 24, 2021 /PRNewswire/ --Competitive Health, Inc. (CHI) is pleased to welcome Sandi Santino to our Competitive Health team.

Key Points: 
  • IRVINE,Calif., Feb. 24, 2021 /PRNewswire/ --Competitive Health, Inc. (CHI) is pleased to welcome Sandi Santino to our Competitive Health team.
  • As our Senior Vice President of Channel Partnerships, her work will help ensure that Competitive Health continues to build on lasting relationships and mutual opportunities.
  • Moving forward, Sandi's role will be responsible for strategically driving growth opportunities through sales, channel partnerships, consultants, TPAs, and national broker firms.
  • Competitive Health has saved hundreds of millions of dollars for employer groups, insurance carriers, third-party administrators, affinity groups and exchanges, since 1996.

NTT DATA Study Shows Lack of Timely Technology Investments Hindering Businesses from COVID Recovery

Retrieved on: 
Tuesday, January 5, 2021
Communications, Data management, Other Technology, Technology, Software, Nippon Telegraph and Telephone, NTT Data, NTT, Companies, Plano, Texas, Third-party administrator, Business, Articles, NTT Ltd.

The study examines how technology established business Leaders and Laggards during the crisis, revealing early technology adoption created a considerable advantage.

Key Points: 
  • The study examines how technology established business Leaders and Laggards during the crisis, revealing early technology adoption created a considerable advantage.
  • NTT DATA, in partnership with Longitude, a Financial Times company, conducted a survey of 500 senior executives from the U.S. (80%) and Canada (20%).
  • NTT DATA Services is a digital business and IT services leader, and a leading TPA (third-party administrator) in the Life & Annuities processing market.
  • Headquartered in Plano, Texas, we are the largest division of trusted global innovator NTT DATA Corporation, a top 10 provider and part of the $109B NTT Group.

Brighton Health Plan Solutions Expands Nationally with its Technology, Direct Provider Contracting and Service Solutions

Retrieved on: 
Wednesday, December 2, 2020
Health Economics, Insurance industry, Retirement, Third-party administrator, Economy

NEW YORK, Dec. 2, 2020 /PRNewswire/ -- New York-based healthcare enablement company Brighton Health Plan Solutions today announced its expanded suite of technology, direct provider contracting and service solutions supporting self-insured employers, health systems, third party administrators (TPAs) and insurance carriers is now available nationwide.

Key Points: 
  • NEW YORK, Dec. 2, 2020 /PRNewswire/ -- New York-based healthcare enablement company Brighton Health Plan Solutions today announced its expanded suite of technology, direct provider contracting and service solutions supporting self-insured employers, health systems, third party administrators (TPAs) and insurance carriers is now available nationwide.
  • Brighton Health Plan Solutions was launched in 2016 by Brighton Health Group and investors from Goldman Sachs and Pamplona Capital Management to pioneer new health plan management offerings.
  • "Healthcare presents a complex and ever-changing set of challenges and opportunities," said Jim Cusumano, President and Chief Financial Officer of Brighton Health Plan Solutions.
  • Brighton Health Plan Solutions (BHPS) is an innovative healthcare enablement company based inNew York Cityon a mission to improve how healthcare is accessed and delivered in the self-funded health plan market.