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Nationsbenefits Acquires Solisystems To Expand Its Flex Benefit Card Technology

PRIVATEOct 10, 2022

Acquiring Company

NationsBenefits

Acquired Company

SoliSYSTEMS

Fort LauderdaleOtherProfessional ServicesSoftwareHealth CareInformation Technology

Description

NationsBenefits®, a leading provider of supplemental benefits, flex cards, and member engagement solutions for health plans, announced today the acquisition of SoliSYSTEMS, a highly experienced technology integration vendor with a strong background in providing IT support to both state governments and commercial enterprises. This acquisition is part of the Company’s strategic vision to expand its flex benefit card technology to meet the ever-growing needs of health plans with Medicare Advantage (MA) and Part D Plans for the year 2023 and beyond.

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Company Information

Company

NationsBenefits

Location

Fort Lauderdale, Florida, United States

About

NationsBenefits is a leading supplemental benefits company that partners with managed care organizations to provide innovative healthcare solutions aimed at driving growth, improving outcomes, reducing costs, and delighting members. We surpass traditional benefit designs by taking a consultative approach to understanding each valued client’s objectives, and we offer customized programs that can be targeted or scaled to effectively engage members who have diverse needs. With our compliance-focused infrastructure, technology, care continuum and best-in-class service delivery model, health plans can depend on our company to maximize the value-based care delivered to millions of people who deserve a better quality of life.

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Frequently asked

Who acquired SoliSYSTEMS?

SoliSYSTEMS was acquired by NationsBenefits, based in Fort Lauderdale. The deal was reported on October 10, 2022. NationsBenefits is privately held and operates in Other.

When did NationsBenefits acquire SoliSYSTEMS?

NationsBenefits's acquisition of SoliSYSTEMS was reported on October 10, 2022. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does SoliSYSTEMS do?

SoliSYSTEMS is a highly experienced technology integration vendor with a two-decade history in providing innovative payment and electronic benefits transfer services to commercial enterprises and state governments, respectively. It is privately held, operating in Information Technology.

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