"This has been a banner year for Alegeus as we first introduced the company as an independent brand in late 2012, experienced significant account growth on our industry-leading consumer directed healthcare (CDH) platform, and recently made an important acquisition that has positioned us as the leader in the healthcare consumerism movement," said Tom Torre, Chief Executive Officer of Alegeus.
Alegeus has more than 500 clients – including health insurance plans, third party administrators and financial institutions – providing technology and services that support more than 150,000 employers and more than 17.5 million members. From 2010 to 2013, Alegeus has experienced CDH account growth at a compounded annual growth rate (CAGR) of more than 17.6 percent on its platform, outpacing overall industry growth of those account types.
The 2013 Client Conference will highlight recent market developments, regulatory updates and emerging business opportunities, as well as upcoming Alegeus product features and enhancements. The conference provides attendees the opportunity to network with peers to discuss the issues facing their business and participate in presentations by industry insiders and Alegeus executives.
“This is an important year for us as we look to introduce Alegeus nationally as an independent brand and industry-leading healthcare and benefit payments provider,” said Robert Natt, Executive Chairman of Alegeus Technologies. “We are focused on investing in top talent to extend the company’s leadership position in a market that is undergoing rapid changes driven by the shift towards healthcare consumerism. These three executives bring tremendous market insight and will be integral in shaping the company’s direction.”
The new company has been renamed and will operate as Alegeus Technologies (“Alegeus”). Alegeus is the market leader in benefits administration and payment processing for consumer directed healthcare accounts. Robert Natt will be Alegeus’ full time Executive Chairman and Thomas Torre will be its Chief Executive Officer.