ConnectYourCareHunt Valley, MD

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.

The Full Story

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.

Learn more about ConnectYourCare directly from CEO Steve Greico and ABS Capital General Partner, Cal Wheaton.
CEO Steve Greico and ABS Capital General Partner, Cal Wheaton

Together we are accelerating growth

Company’s Strategy for Growth
  • Purposefully build a management team capable of executing high growth and managing a complex technology and services organization
  • Create a customer service and client experience organization; instilling confidence in clients for these crucial tax-advantaged savings accounts
  • Continue developing leading-edge tools and technologies to simplify the complex processes and transactions around health care and benefit accounts
  • Achieve and build organization to support non-bank trustee designation (NBT), enabling the Company to monetize assets managed within customers’ health savings accounts
ABS Capital’s Role
  • Introduced new CFO with public company experience, new general counsel, and two independent board members
  • Provided guidance, options, and made introductions to consultants around sales strategy, call center optimization, technology organization, and M&A opportunities
  • Introduced and facilitated discussions with significant new clients
  • Established commercial and strategic banking relationships

MILESTONES

Swipe
CLICK &DRAG
2012

New CFO, Reese Feuerman, joined team

2013

Added Jim Simmons and Peter Hotz to the board

2013

Transitioned call center to a new service model

2015

Achieved 30% topline growth

2017

Launched broker-focused self-service technology

2018

Granted key patent for unique participant tool

2018

Received Non-Bank Trustee (NBT) designation

2019

Launching new marquee customers on NBT platform

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