WALTHAM, Mass.--(BUSINESS WIRE)--Alegeus, the market leader in consumer-directed healthcare (CDH) solutions, today announced it has named Jeremy Hastings as Chief Operating Officer, effective immediately. Hastings' 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.
Alegeus is the market leader in consumer directed healthcare (CDH) solutions, offering the industry’s most comprehensive platform for the administration of healthcare benefit accounts (including FSAs, HSAs, HRAs, wellness incentive, dependent care, and commuter accounts), the industry’s most widely-used benefit debit card, and powerful engagement solutions to help consumers maximize savings and optimize spending for their healthcare. Over 350 clients – including health insurance plans, third party administrators and financial institutions – leverage Alegeus’ deep expertise and proven technology to administer benefit accounts for more than 30 million members and process more than $9.1 billion in consumer healthcare payments annually. As the healthcare and benefit markets continue to evolve, Alegeus delivers solutions that enable clients to evolve their service offerings, operate their businesses more efficiently, and focus on their customers. The company is headquartered in Waltham, MA with operations in Orlando, FL and Milwaukee, WI.