STONY BROOK, N.Y., June 27, 2016 /PRNewswire/ -- Softheon, Inc., a proven leader in cloud-based health insurance exchange integration and remediation, has announced their status as a Preferred Vendor at the ACAP 2016 CEO Summit. Being held at the Fairmont Hotel in Washington, D.C., this year's summit will take place on June 28 – 29.
Softheon's status as a preferred vendor requires being sponsored by ACAP plans, then subsequently approved by all. Corroborating its status as a must-visit exhibitor, Softheon will demonstrate and share insights into public and private exchange integration, direct enrollment, premium billing, and edge server as part of the Digital Commerce Distribution Platform. While other industries, such as airlines and retail, have fully embraced digital distribution platforms long ago, healthcare has been markedly slower to adapt. Softheon continues to be at the forefront of advancing digital commerce distribution in healthcare.
"At this year's ACAP Summit, we look forward to showing what our team has been able to accomplish with our proven technology. It is such a privilege to lead this team comprised of smart, talented, and hard-working overachievers, and our participation will be a testament to that," stated Eugene Sayan, Softheon Founder & CEO.
With a technology-driven revolution sparked by the Affordable Care Act, Softheon has maintained its position as a premier solutions architect in a highly competitive and dynamic industry. Recognized by Gartner, IDC, AHIP, ACAP, HCEG, and other respected organizations, Softheon is the nation's leading platform addressing the industry's ever-changing regulatory demands. Softheon is currently offering a complimentary copy of the Gartner report discussing Digital Commerce Distribution* available for download.
The Association for Community Affiliated Plans (ACAP) is a national trade association representing 56 not-for-profit Safety Net Health Plans in 26 states. Collectively, ACAP plans serve more than fifteen million enrollees, representing more than 50 percent of individuals enrolled in Medicaid-focused health plans. For more information, please visit: www.communityplans.net.
Empowering the nation's first state health benefit exchange since 2008, Softheon's vision and strategic direction address healthcare payer, provider, and government agencies' goal of meeting Affordable Care Act (ACA) milestones. Softheon provides HIX Integration, Direct Enrollment, Premium Billing, and Edge Server solutions for insurance carriers of all sizes participating in Federal and State Health Insurance Exchange (HIX) Marketplaces. Softheon's Marketplace Connector Cloud (MC2) has been trusted by health plans, in all 50 states, as an accelerated federal, state, and private exchange integration platform. Softheon MC2 is a Software-as-a-Service (SaaS) solution where insurers pay a one-time activation and ongoing PMPM fees for exchange members only, while eliminating most, if not all, risks associated with ACA enrollment compliance and other mandates.
Softheon was ranked 34th on 2016 Healthcare Informatics 100, a compilation of the top health IT companies based on HIT revenues from the most recent fiscal year. Additionally, Softheon was has also been recognized among by CIOReview, as one of 2016's 20 most promising technology companies, specifically for their Business Process Management Solutions.
*Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
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