FORT LAUDERDALE, Fla., April 19, 2012 /PRNewswire-iReach/ -- Consumer Health Technologies announced today the latest release of its BenefitSpan™ software, version 4.4.1. The new release provides increased security and control over financial transactions, and simplifies the HSA contribution request process, making it easier for TPAs to request funds from employer groups. BenefitSpan helps more than 100 payers and third party administrators (TPA) reduce paperwork, increase operational efficiencies and effectively manage healthcare benefits enrollment and administration.
"Consumer Health Technologies is dedicated to helping employers, health plans, administrators and individuals navigate the complicated maze of Consumer Directed Healthcare," said Pradeep Goel, Chief Executive Officer of Consumer Health Technologies. "Our high-performance technology is helping employers, health plans and administrators simplify administrative tasks while engaging individuals in improving their health and wellness behaviors, ultimately stretching the value of healthcare dollars and improving the care value delivered."
Built as an HSA/HRA/FSA administrative platform, BenefitSpan connects members, employers, third party administrators, and trusts into one solution. The technology supports rapid integration and delivery of healthcare transactions, financial services, and benefit accounts. A unique administrative portal provides one-step access to administrative tasks, eligibility and enrollment, fees and payment management. Additionally, employers have a comprehensive view of their benefit plans, employee groups and subgroups, as well as a robust reporting feature that allows them to save time and resources managing employee challenges and complaints. A 360° communication method ensures that communications are easy, traceable and reportable.
BenefitSpan also helps consumers improve their overall wellness and care outcomes and stretch their benefit dollars by providing a wide array of services including HealthAdvocacy, WellnessAdvocacy, Consult A Doctor™, tobacco cessation, and diet and nutrition programs.
"There is a growing need to improve wellness and stretch health care benefits and dollars, both for employers and individuals," said Gary Johnson, Chief Marketing Officer of Consumer Health Technologies. "Continued healthcare reform and the cost shifting to consumers are going to require new ways of thinking about healthcare. We are continuing to innovate our high-performance technology solutions to engage individuals in modifying their behavior to improve wellness, avoid care episodes, and ultimately improve care quality outcomes and cost of care," said Johnson.
About Consumer Health Technologies, Inc.
Consumer Heath Technologies, Inc. (CHT) is a healthcare IT company that develops and deploys comprehensive healthcare administration and engagement solutions. These innovative solutions enable the healthcare Payors and administrators to actively engage consumers, groups and Providers in the health care delivery lifecycle, improve healthcare outcomes and help bend the cost of care curve. CHT serves over 100 healthcare Payor and administrator clients nationwide.
To learn more, call 1-877-248-3636 or visit www.consumerhealthtech.com.
Media Contact: Lisa Maggart of Consumer Health Technologies, 770-883-0319, lisa.maggart@consumerhealthtech.com
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