MINNEAPOLIS--(BUSINESS WIRE)--Evolution1®, the nation’s largest electronic payment, on-premise, and cloud computing consumer driven healthcare solution, continues to strengthen its Partner base with the addition of marquee Partners such as CieloStar, a nationwide healthcare payment and benefit technology company. For 25 years, CieloStar (formerly OutsourceOne) has offered comprehensive benefits administration solutions through a combination of both technology and service.
Through the partnership, Evolution1’s industry-leading consumer directed healthcare administration platform will be available to CieloStar’s health plan clients through 1Cloud by Evolution1®, 1Pay by Evolution1®, and 1Plan by Evolution1®.
CieloStar is led by Dr. John Reynolds, who joined the company in August. He has focused on bringing more services to CieloStar’s nationwide customer base that is capitalizing on the healthcare consumerism movement and emerging technology, including private exchanges. Reynolds is the former president of FIS Healthcare, which is now known as Alegeus Technologies.
“We are excited to offer the most technologically advanced CDH administration software and benefits card to our clients,” said Reynolds. “After much due diligence, we determined that Evolution1’s simplified single end-to-end user experience stands above the competition. We’re proud to work with the industry leader and look forward to a long and mutually rewarding relationship.”
1Plan – Evolution1’s complete defined contribution solution – has quickly become the solution choice for defined contribution Partners. 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.
“CieloStar has built a powerful reputation for helping both employers and individuals navigate defined contribution benefits,” said Jeff Young, chairman and CEO of Evolution1. “Additionally, CieloStar’s efforts and accomplishments in the private exchange market are industry-leading. We are honored to become a preferred Partner of CieloStar and to further enhance the company’s best-in-class products and service.”
About Evolution1
Evolution1 and its Partners serve nearly 500 health plans, third-party administrators, financial institutions, and software providers across the country, providing healthcare and other reimbursement account services – including Defined Contribution, HSAs, HRAs, FSAs, VEBAs, PRAs, Wellness, and Transit Plans – to more than 75,000 employers and more than 9,000,000 consumers.
About CieloStar
CieloStar has helped brokers, employers, employees, healthcare providers and affinity groups navigate the ever-changing world of benefits and healthcare payments for over 25 years and serves nearly 750,000 consumers and facilitates over $1.2 billion in annual healthcare payments. Now, fueled by the far-reaching impact and complexities of healthcare reform taking effect in 2013 and 2014, employers and employees increasingly find themselves in a ‘farmer’s market’ of benefits choices. CieloStar’s enabling technology helps employers and consumers make the best possible decisions by emphasizing transparency and simplicity. CieloStar’s comprehensive approach to benefits offers everything from back room technology for enrollment, integrated databases, consolidated billing and call centers to complete solutions for COBRA, CDHP, provider / payer / patient payment solutions, health insurance, and benefit exchanges.
