About WEX Health Cloud —
2017 Mobile Star Awards Entrant & Sponsor:
Enterprise Mobile Employee Wellness — WEX Health Cloud app
Success Story: Mobile Financial Services — ArmadaCare with WEX
Health 82 Hopmeadow Street
Simsbury, CT 06089
700 26th Avenue E
West Fargo, ND 58078
info [at] evolution1.com
Structure: Public company (NYSE: WEX), established in 2011
No. of Employees: Approx. 550
OS Supported: Android, Apple iOS, Windows Phone, Windows
How WEX Health Cloud
Eases Employee Healthcare Admin:
WEX Health simplifies the business of healthcare through WEX Health Cloud, a cloud-based healthcare financial management platform that drives efficiency for benefit administration technology, consumer engagement, and advanced billing and payments. WEX Health’s Partner organizations enable the company to deliver its industry-leading, award-winning solution to 225,000 employers and more than 24 million consumers across the United States and Canada.
Together with those Partner organizations – third-party administrators, health plans, financial institutions, exchange partners, and payroll providers – that license and white-label WEX Health Cloud, WEX Health takes the complexity out of defined contribution, HSAs, HRAs, FSAs, VEBAs, PRAs, premium billing, public and private health insurance exchanges, COBRA, wellness plans, and transit plans.
WEX Health’s white-labeled solution was specifically designed to put its Partners at the forefront of success and enables them to spend time working on growing their business.
Through the WEX Health Cloud Mobile App and WEX Health Payment Card, consumers have the ease of paying for their out-of-pocket healthcare expenses in a quick and efficient manner. Not only can they submit a claim for reimbursement or check their balance from their device but they can also pay a provider or themselves with the touch of a screen.
WEX Health Cloud was designed to work for employers, not against them. To make things easier, not harder. As the WEX Health Cloud Mobile App provides consumers with an easy way to give employees what they need and want, the Employer Portal provides access to a wealth of information including employee data, elections, contributions, and more. Even better? WEX Health Cloud supports a COBRA solution with integrated web portals and convenient access to information to make that even easier, too.
WEX Health Cloud was designed to help administrators focus on their business and growth opportunities while leaving time-consuming administrative tasks behind. Through the WEX Health Cloud Dashboard, WEX Health Payment Card, and Mobile App, administrators can offer a seamless, hassle-free and paper-free processing of claims and reimbursements – all without complicated IT costs, transaction fees, and extra hard work for your administrative staff.
WEX Health is committed, day in and day out, to simplifying the business of healthcare. The company will continue to make the best electronic payment, on-premises and cloud computing healthcare solution available on the market today even better.
No one else in the industry provides the single end-to-end consumer experience that WEX Health does; no one. WEX Health will continue to lead the industry with its commitment to research and development, its focus on consumers, and its dedication to quality partnerships.
Managing healthcare can be complicated. WEX Health makes it simple, and its Partners say it best:
“When we look at customer engagement, WEX Health is leading the way in partnering with us in order to put new technologies right in members’ hands.”
– Blue Cross Blue Shield South Carolina
“The platform is second to none. Our clients always say that it is one of the easiest portals to navigate.”
– Robert Hayes, BASIC
See how ArmadaCare has greatly increased member activity, thanks to WEX Health’s app.
How WEX Health was born
WEX Health (formerly Evolution1 – a WEX Company) was formed in 2011 through the merger of two industry leaders: Evolution Benefits, Inc. (a pioneer in the healthcare debit card industry founded in 2001) and Lighthouse1, LLC (a complete HSA, FSA, and HRA solution in a single software as a service [SaaS] platform provider founded in 2004). Both notable companies in their own right, this combination produced a powerful suite of offerings and a seasoned leadership team who average more than 20 years in employee benefits and healthcare technology businesses. Evolution1 was acquired by WEX, Inc. in July 2014 for $532.5 million in cash and was known as Evolution1 – a WEX Company. In April 2016, the company changed its name to WEX Health (wexhealthinc.com).