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Evolution1 Contributes to ABA Conference for Community Bankers

8, Country, Priority, UNITED STATESBy Robert McKinley 02/20/2014

Evolution1 presence at the ABA National Conference for Community Bankers demonstrates the company’s continued leadership in the banking industry. Brantner will share how banks can drive new sources of income – while reaping the benefits of a new fee-based income revenue stream – through a diversified and expanded product and service offering that includes healthcare payment and healthcare account solutions. Attendees will learn how to add value to their commercial clients through a complete and convenient solution for offering consumer-driven healthcare accounts for their employees. Evolution1 serves financial institutions, third-party administrators, health plans, and software providers across the country, providing healthcare and other reimbursement account services to more than 90,000 employers and more than 10,000,000 consumers.

Evolution1 Advances in Prepaid Benefits Card Industry

8, Country, Priority, UNITED STATESBy Robert McKinley 09/11/2013

1Pay by Evolution1 continues to receive industry recognition, most recently winning a 2013 Paybefore Award for benefits card innovation for its Benny Prepaid Benefits Card. 1Pay is a suite of payment solutions offered by Evolution1 with innovation ranges from patented card processes to flexible automated provider payments and reimbursements that use best-in class web, virtual payment, printing, and mobile technologies. With the Prepaid Benefits Card from Evolution1, participants experience seamless, hassle-free, and highly paperless processing of their HSA, HRA, and FSA claims and reimbursements – all without complicated IT costs, transaction fees, and extra work for administrative staffs. Use of the card helps eliminate mounds of paperwork and countless hours of tedious processing. Claims are submitted and substantiated automatically, payments are made directly to providers, and consumers pay no out-of-pocket expenses at the time of service. Evolution1 and its Partners saved its customers and their employees more than $2 billion in 2012 through annual healthcare cost reductions and tax savings.

Evolution1 Named to 500|5000 List

9, Country, Priority, UNITED STATESBy Robert McKinley 08/22/2013

Evolution1 and cloud computing healthcare solution that administers reimbursement accounts, including HSAs, HRAs, FSAs, VEBAs, PRAs, and Wellness and Transit Plans – has been named to the annual Inc. 500|5000, an exclusive ranking of the nation’s fastest-growing private companies. The list represents the most comprehensive look at the most important segment of the economy: America’s independent entrepreneurs. Fuhu tops this year’s list. Evolution1 joins LivingSocial, Bojangles’, Edible Arrangements, CDW, and Lifelock, among other prominent brands featured on this year’s list. In a stagnant economic environment, median growth rate of 2013 Inc. 500|5000 companies is an impressive 142 percent. The companies on this year’s list report having created more than 520,000 jobs in the past three years, and aggregate revenue among the honorees reached $241 billion.

TSYS Healthcare Launches HRA Card Functionality

9, Country, Priority, UNITED STATESBy Robert McKinley 08/01/2013

TSYS Healthcare multi-purse benefit card processing introduced innovative and market-leading card functionality for Health Reimbursement Arrangements (HRAs), a key component of the consumer-directed healthcare (CDH) space. TSYS’ enhanced HRA functionality, coupled with technology-leading Web services capabilities, brings a complete, real-time HRA solution to the benefit market. With the implementation of the Affordable Care Act, employers and administrators must look for ways to provide new healthcare coverage options while reducing overall healthcare and administrative expenses. TSYS Healthcare’s new HRA functionality accomplishes both of these objectives by providing debit card access to HRA plans and incorporating a TSYS Healthcare Partnership Model for revenue sharing. TSYS developed a comprehensive solution that allows benefits administrators to provide debit card access to virtually all HRA plans.

Evolution1 Shares Defined Contribution Insights

6, Country, Priority, UNITED STATESBy Robert McKinley 07/30/2013

Jeff Bakke, chief strategy officer at Evolution1, will speak to the topic “Reinventing the Defined Contribution Model for Today’s Healthcare Landscape” at the Defined Contribution Healthcare & Private Exchanges Summit in Carlsbad, California. The inaugural event, put on by Healthcare Education Associates, is designed to help attendees build their business though defined contribution solutions and private exchanges. 1Plan by Evolution1, a complete defined contribution solution from Evolution1 that runs on the 1Cloud by Evolution1® platform, is the solution of choice for defined contribution Partners. 1Plan delivers the next generation of consumer directed healthcare (CDH) in a complete multi-account defined contribution solution. 1Plan supercharges both private and public insurance exchanges with a solution for employers and employees to budget for and select benefits, shop for insurance, and manage premiums and out-of-pocket expenses in a comprehensive, easy-to-use experience.

WEX Partners with Alegeus Technologies on Virtual Card Solution

8, Country, Priority, UNITED STATESBy Robert McKinley 06/10/2013

WEX, a leading provider of corporate payment solutions, announced it has partnered with Alegeus Technologies, the market leader in healthcare and benefit payments, to introduce a virtual card solution for the post-adjudication claims market. An alternative to automated clearing house (ACH) payments, the new solution offers an additional electronic settlement method for payers and providers – using WEX Health electronic technology to settle claim payments more efficiently and eliminate costly check payments. Unlike ACH, virtual card payments do not require additional information or consent from providers to implement if they are a MasterCard accepting merchant. A provider can be set up to receive virtual card payments from participating payers automatically, giving payers the option of transitioning a large percentage of provider payments from paper checks to virtual card payments.

Evolution1 a Featured Speaker at Premier Events

8, Country, Priority, UNITED STATESBy Robert McKinley 04/30/2013

Senior executives from Evolution1 electronic payment, on-premise, and cloud computing healthcare solution will be featured speakers in May at premier events including IHC FORUM East, the Windy City Summit, and an AHIP Webinar. Evolution1 is partnering with America’s Health Insurance Plans (AHIP) to share important information on how health plans can continue to be innovative amid the change and dynamics of healthcare reform. Evolution1 now serves nearly 500 health plans, third-party administrators, financial institutions, and software providers across the country, providing healthcare and other reimbursement account services to more than 75,000 employers and more than 9,000,000 consumers.

Evolution1 Changes Product Identity

8, Country, Priority, UNITED STATESBy Robert McKinley 03/21/2013

Evolution1 electronic payment, on-premise and cloud computing healthcare solution announced its products, solutions, and services under six brands within one product suite. The product suite enables the communities Evolution1 serves to quickly identify Evolution1’s products, solutions, and services and determine which one best meets their needs. The suite includes 1Cloud by Evolution1 healthcare financial services platform; 1Direct by Evolution1 on-premise healthcare financial services; 1Pay by Evolution1 suite of payment solutions, led by the innovative Benny Prepaid Benefits Card; 1Mobile by Evolution1 for healthcare access for consumers on the go; 1Plan by Evolution1 contribution solution; and 1View by Evolution1 self-service dashboard for healthcare management.

Evolution1 Announces Successful Fiscal 2012

9, Country, Priority, UNITED STATESBy Robert McKinley 03/20/2013

Evolution1 electronic payment, on-premise and cloud computing healthcare solution grew in 2012 to now serve nearly 500 third-party administrators, financial institutions, health plans, and software providers across the country, providing healthcare and other reimbursement account services to more than 75,000 employers and more than 9,000,000 consumers. Evolution1 grew the number of consumers on its platforms by nearly 40 percent. As in prior years, the top-performing Evolution1 Partners grew an average of 88%, saving customers and their employees more than $2 billion in 2012 through annual healthcare cost reductions and tax savings. Additionally, Evolution1 saved its Partners more than $80 million in annual operating costs through claim and payments automation.

Evolution1 Card Program Named Paybefore Winner

8, Country, Priority, UNITED STATESBy Robert McKinley 01/30/2013

Evolution1 has been selected as a winner in the 7th annual 2013 Paybefore Awards in the Best Benefits Distribution Card Program category. The Evolution1 Card Program for Taft-Hartley Trust Funds was chosen from a record number of entries. It enables union members to have a convenient, consumer-friendly card to access their health reimbursement account (HRA) pre-tax funds to pay for their current health care expenses.

Evolution1 to Partake in ABIA Annual Conference

9, Country, Priority, UNITED STATESBy Robert McKinley 09/27/2012

Evolution1 electronic payment, on-premise, and cloud computing healthcare solution is participating in the American Bankers Insurance Association (ABIA) annual conference. For this, Evolution1 is the sole sponsor of the ABIA Annual Conference Mobile App, which is available for iPads and smartphones (iPhone and Android), as a hybrid web-based app for BlackBerry, and as a web-based version for all other web browser-enabled phones. The free app can be downloaded in the App Store or through Google Play.

Evolution1 Named to 2012 500|5000 List

9, Country, Priority, UNITED STATESBy Robert McKinley 08/28/2012

Evolution1 named to the sixth annual Inc. 500|5000 of the nation’s fastest-growing private companies. As the nation’s largest electronic payment, on-premise, and cloud computing healthcare solution that administers reimbursement accounts, Evolution1 joins Unified Payments, Yelp and Giftcards.com. In a challenging economic environment, median growth rate of 2012 Inc. 500|5000 companies remains an impressive 97 percent. The 2012 Inc. 500|5000 is ranked according to percentage revenue growth when comparing 2008 to 2011. Evolution1 has a three-year sales growth of 116 percent.

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