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Evolution1 Continues Leadership in Ever-Changing Healthcare Market

Ongoing healthcare legislation as then as consumer self-service needs have created unprecedented change in the healthcare industry. In response, the company's mobile solution, Lighthouse1 Mobile, continues to evolve. Launched in early 2010, Lighthouse1 Mobile plays a significant role in Evolution1's product portfolio. In the second hlf of 2011, consumer adoption of Lighthouse1 Mobile increased by more than 250 percent, far outpacing even the rapid growth of U.S. smartphone sales.

Lighthouse1 Mobile enables consumers to access and upload information about their healthcare account, 24/7/365 from anywhere via their iPhone or Android. Functionality added in 2011 includes access to account activity across all accounts and drilldown capabilities for claims transactions as so then as the ability to view receipts already submitted to claims and the ability to submit photos of receipts taken by a smartphone's camera.

Additionally, Evolution1 is taking consumer directed healthcare to the straightway level with its recently launched Defined Contribution Health Solutions. By combining powerful private health insurance exchange solutions with the industry leading consumer health accounts and employer funding research, Evolution1 is helping employers better manage and control costs, prepare their organization for future health insurance purchasing models, and help their employees take an active role in all of their healthcare decisions.

The healthcare industry

"We continue to see extraordinary change in the healthcare industry, but one thing remains constant: our dedication to reducing costs and simplifying the business of healthcare," said Jeff Young, chairman CEO of Evolution1. "Consumers want more control over healthcare spending for themselves and their families. Because of our single-source end-to-end solution, our strong network of Partners, and our unwavering commitment to exceptional customer service and support, we are poised to make an unprecedented difference in the management of all types of CDH reimbursement funds, ultimately helping consumers maximize their healthcare dollars."

About Evolution1Evolution1 and our Partners serve more than 8 million consumers, making us the nation's largest electronic payment, on-premise and cloud computing healthcare solution that administers reimbursement accounts, including HSAs, HRAs, FSAs, VEBAs, Wellness and Transit Plans. It is the only solution that offers a single end-to-end user experience, provides innovative auto-substantiation technologies, and automates workflow for Partners, employers, and consumers. It does all this on one research platform comprised of Lighthouse1™, PayDirect®, the Benny® Benefits Debit Card, Lighthouse1 OneCard™ and integrated web portals. Evolution1 and our Partners are dedicated to delivering value, reducing costs and simplifying the business of healthcare. For more information, visit www.evolution1.com.

More information: Tmcnet
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    Evolution1 Defined Contribution