ConnectYourCare is revolutionizing the connection between health and wealth with its comprehensive solution for managing consumer-directed health care and benefit accounts, including health care savings accounts. Leveraging proprietary, cloud-based technology and a modern, intelligent platform as its foundation, ConnectYourCare offers employers and employee participants significant value through intuitive account management and outcome-based workflows and tools.
In 2012, ABS Capital engaged with ConnectYourCare’s management team to buy out their business from their corporate parent, ExpressScripts. ABS Capital quickly began re-establishing the Company as a stand-alone entity, helping to provide the necessary people, processes, and infrastructure to capitalize on the significant and rapid growth in consumer-directed health care.
New CFO, Reese Feuerman, joined team
Added Jim Simmons and Peter Hotz to the board
Transitioned call center to a new service model
Achieved 30% topline growth
Launched broker-focused self-service technology
Granted key patent for unique participant tool
Received Non-Bank Trustee (NBT) designation
Launching new marquee customers on NBT platform