STONY BROOK, N.Y., Oct. 2, 2018 /PRNewswire/ -- Softheon, a national leader in cloud-based health insurance exchange integration and services, announced today the addition of Jim Wadleigh as Chief Operating Officer (COO). Wadleigh will report directly to Eugene Sayan, Chief Executive Officer (CEO), and be responsible for aligning cross-departmental strategies to enhance Softheon's overall operational efficiency.
"We are privileged to welcome Jim into the Softheon family," said Sayan. "He brings a proven track record of operational leadership and excellence to our executive team. Jim will play a key role in expanding our product offerings and broadening our customer base with a focus on Softheon's operational execution."
In his former role as CEO of Access Health Connecticut (AHCT), Wadleigh contributed to lowering the state's uninsured population by 50 percent, was responsible for improving healthcare quality, lowering costs, and reducing health disparities. During his tenure, AHCT was recognized as a national model for success with its stable Exchange rollout and for lowering Connecticut's uninsured rate below 4 percent. Wadleigh received numerous distinctions including being named a 2015 CIO 100 winner by CIO Magazine, 2014 PMO Global Project of the Year Finalist by the Project Management Institute, and 2014 Healthcare Innovator of the Year by HealthTech Research & Advisory Council (HTRAC).
Bringing more than 25 years of healthcare experience to this newly created role, Wadleigh has broad expertise stemming across multiple financial, technology, and insurance markets.
"When you combine Softheon's leading technology and culture of innovation, the potential is truly unlimited," said Wadleigh. "I'm excited to join at such a pivotal time and honored to be part of a team that's shaping the future of healthcare."
Softheon is a HIPAA, NIST 800-53, SOC 2 Type, FedRAMP, and MITA 3.0 aligned cloud platform. Softheon offers health plan benefit shopping & account management,secure EDI processing, enrollment & underwriting, premium billing & payment, and data analytics and reporting designed for healthcare issuers, government agencies, brokers, and employers to manage Affordable Care Act and Managed Medicaid programs. With a client base of +55 health plans and states, including 3 of the top 10 most successful health insurers participating on ACA Marketplaces, partners trust Softheon's PaaS, SaaS, and BPaaS products and services. As a Payment Facilitator managing 33% of ACA membership and processing $4B insurance premiums, Softheon is innovating the credit/debit card experience and adding the ability to do modeling and algorithms - an advantage going forward - as the healthcare industry embraces the digital transformation with telemedicine and the shift to value.