Evolution1 Continues Leadership in Ever-Changing Healthcare Market
21.05.12
Together with its Partners, Evolution1 now serves more than 450
third-party administrators, financial institutions, health plans and
software providers across the country, providing healthcare and other
reimbursement account services to more than 60,000 employers and more
than eight million consumers. Last year Evolution1 increased its Partner
base by 70 percent, and the average growth of the company’s top 10
Partners was more than 20 percent.
Last year, Evolution1’s Lighthouse1 – the premier Web-based,
software-as-a-service consumer driven healthcare (CDH) solution –
facilitated more than $3.9 billion in reimbursement transactions and
processed more than 52 million claims, all with an uptime of 99.999%.
Evolution1 and its Partners saved its customers and their employees more
than $2 billion in 2011 through annual healthcare cost reductions and
tax savings. Such a savings enabled employers to continue providing
health insurance while putting more money in their employees’ wallets to
pay for healthcare costs. Additionally, Evolution1 saved its Partners
more than $43 million in annual operating costs through claim and
payments automation.
Source: EON: Enhanced Online News (press release)
