Fidest – Agenzia giornalistica/press agency

Quotidiano di informazione – Anno 33 n° 244

Posts Tagged ‘industry leader’

WEX Health Strengthens Position as an Industry Leader

Posted by fidest press agency su mercoledì, 28 febbraio 2018

WEX Health, a WEX Company and an award-winning healthcare financial technology platform provider, further solidified its leadership position in 2017 in terms of growth and services:WEX Health Cloud processed more than 350 million transactions, all with an uptime of 99.99 percent over the past five years.Product releases delivered more than 350 key enhancements, extending WEX Health’s unique leadership position.Our Partner ecosystem connects us to more than 300,000 employers, ultimately helping us serve more than 25 million consumers across the United States and Canada.
WEX Health continues building key relationships with industry-leading third-party administrators, health plans, financial institutions, exchange partners, payroll providers and multiple Taft-Hartley union and labor funds. In 2017, growth was driven by the addition and/or renewal of numerous notable partners including American Benefit Administrators, ASI Flex, Benefitfocus, Compusys/Erisa Group, Kaiser Permanente, PIOPAC, and Tri-Star Systems. Additionally, we added several notable COBRA and advanced billing partners.
Growth continues across all categories of employers choosing WEX Health Cloud as their technology platform for administering healthcare benefit accounts. Among Fortune 1000 companies, forty-four percent (44%) are on the WEX Health Cloud platform.
WEX Health remains a leader in the HSA market with nine of the top 20 HSA providers powered by WEX Health, and more HSAs utilizing WEX Health technology than any other. Additionally, HSA Bank, a WEX Health Partner, grew beyond 2.4 million accountholders in 2017.
WEX Health executives shared thought leadership, insight, and expertise by speaking at industry conferences and by being featured in industry trade and national media, including: Barron’s, Employee Benefit News, HR Technologist, BenefitsPro, SHRM and Health Leaders Media. WEX Health’s announcements and press releases were featured in national and regional outlets, such as the Miami Herald, Pittsburgh Post Gazette, International Business Times, and the Star Tribune.
We continue to receive industry awards and accolades, including being named a Paybefore 2017 Pay Awards Winner in the Health Care Payments Innovation category and a “Best of 2017” award winner in MobileVillage’s Mobile Star awards. Additionally, Jeff Young, president of WEX Health, was named a Technology Innovator Award winner by Employee Benefit News and Employee Benefit Adviser, and Jeff Bakke, chief strategy officer of WEX Health, was named a 2017 Eureka! Innovation award winner by the Minneapolis/St. Paul Business Journal.
“Our growth and achievements reflect the ongoing need for innovative technology and integrated solutions that help organizations streamline administrative and regulatory changes,” said Young. “At WEX Health, we remain committed to investing in technology and investing in our partners to help them grow and succeed. Our tremendous success is a result of our partners’ hard work, dedication, and determination to simplify the business of healthcare.”

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Motorika Announces New Financing Allowing

Posted by fidest press agency su lunedì, 20 aprile 2009

Mount Laurel, N.J. Motorika announced  that it has recently closed on US$19.5 million of new financing. The new financing came from institutional and private investors, and will provide the necessary capital to realize both its short and long term strategic plans. “This new financing, coupled with the recent significant sales from key accounts, will provide Motorika with a platform for growth,” stated Omer Einav, chief operating officer and founder of Motorika. Motorika will also use the funds to increase its clinical program and awareness of its product line while working with its key customers and partners to further enhance the product offering.  Fran Hackett, vice president of sales says, “With the increase in available funding we will continue to expand our market scope, providing our clients with the necessary support, education and service that has made us the industry leader in Robotic Assisted Technology. We have provided a strong foundation with the continued development of products for our partnering facilities. As technology expands into the Rehabilitation arena, Motorika can provide a solution for many facets in diagnosing, treatment, and validating clinical outcomes. I believe Motorika has become a company that will grow with the needs in the every changing environment within rehabilitation medicine.”
Motorika, with offices in New Jersey, Alabama, and research and development facilities in Caesarea, Israel, is a pioneering medical device company developing robotic therapy technology designed to transform the rehabilitation healthcare marketplace by offering a viable, cost-effective solution for post stroke patients and patients suffering from other neurological disorders across the continuum of care. Additional information can be found at

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