Alegeus Appoints Industry Veteran Jeremy Hastings as its Chief Operating Officer
Published on January 8th, 2019
Alegeus, the market leader in consumer-directed healthcare (CDH) solutions, today announced it has named Jeremy Hastings as Chief Operating Officer, effective immediately. Hasting’s appointment comes on the heels of the recent Vista Equity Partners investment in Alegeus in early September and signals the company’s commitment to delivering exceptional operating performance as it prepares to disrupt the consumer healthcare funding market with innovative and market-first solutions, such as the recently announced smart HSA.
We are excited to have Jeremy on board as we continue on our path of rapid growth and innovation – including the delivery of our groundbreaking next-generation account experience,” said Steven Auerbach, Alegeus CEO. “Jeremy’s vast industry operating leadership experiences at both Beacon Health Options and within the Global Healthcare Practice at Bain & Company will be invaluable as he helps Alegeus continue to streamline its operating and support models to deliver enhanced value for its clients.
With more than 20 years of industry experience and a proven track record spearheading company operations across global markets, Hastings will lead the company to deliver better solutions, differentiation, and winning outcomes for Alegeus and its clients. Previously, Hastings served in prominent leadership positions where he led large-scale strategic initiatives in corporate, network and operational strategies.
I am excited to join a company that’s commitment to operational excellence is palpable,” said Hastings. “I continue to be impressed with how the company is redefining the traditional approach to consumer healthcare funding, and I am excited to join the team on the next leg of its journey. As Alegeus prepares for even greater success, I look forward to bringing a new perspective to help the company continue to deliver the exceptional support to its clients, employer groups, and consumers.
Hastings received a Bachelor of Arts degree in biology from Clark University and a Masters of Business Administration from Carnegie Mellon University. He currently resides in Massachusetts and will be operating out of the Alegeus headquarters in Waltham.
With more than 25 years of growth and innovation, Alegeus is the market leader in SaaS-based healthcare payment solutions. Our highly flexible, white-label platform powers account-based benefit programs such as HSAs, FSAs, HRAs, COBRA, wellness incentives, lifestyle benefits and beyond. We deliver exceptional user experiences and differentiated capabilities that help our partners strengthen their product offerings, operate more efficiently, and unlock their full growth potential. Our partnerships with the industry’s leading health plans, third-party administrators, financial services and benefit solution providers give Alegeus unparalleled reach in the market, with access to more than 100 million commercially insured Americans. And our unique partnership model empowers our clients to achieve outsized results – growing their programs at a rate that is 3-4X the market, and with the highest net promoter scores (NPS) in the industry. We never compete with our clients in the market – we win when they win. Alegeus is headquartered in Waltham, Mass., with operations centers in Orlando and Bangalore, and a large remote workforce.