Hunt Valley, MD (PRWEB) June 05, 2014
ConnectYourCare, a national leader in consumer-directed health care account solutions, today announced the appointment of former Take Care Health Systems President Peter Hotz and former SunGard President and CEO Jim Simmons to its Board of Directors.
“As a leader in transforming our country to a health account-based health care system, it’s vital that ConnectYourCare’s board include proven executives with successful track records of building best-of-breed solution providers,” said Cal Wheaton, Chairman of the Board and General Partner of ABS Capital Partners. “We are excited that such accomplished business leaders recognize ConnectYourCare’s growth opportunity and want to be involved with building a next generation provider of consumer-directed health care accounts and solutions.”
Mr. Hotz brings to the ConnectYourCare board over 30 years of experience as a leader in health care, worksite health and wellness and insurance-related businesses. He was most recently President of Take Care Health Systems, a Walgreens subsidiary that is the largest and most comprehensive manager of worksite health and wellness centers and in-store convenient care clinics, with more than 750 locations throughout the country. Prior to joining Walgreens, Mr. Hotz served as Executive Vice President and Chief Operating Officer of CHD Meridian Healthcare, Founder and President of Continuum, and Founder and President of Atlantic Health Group. He holds an M.B.A. from the University of Maryland.
Mr. Simmons, who is currently serving as the Company’s interim CEO, comes to the ConnectYourCare Board with 25 years of experience in the technology industry. In 1999, he was named Chief Executive Officer and President of SunGard Availability Services, a leading international provider of disaster recovery services, managed IT services, information availability consulting services and business continuity management software. In 2005, he helped structure the $11.6 billion dollar transaction that made SunGard the single largest private equity buyout in the technology arena. He graduated with honors with a Bachelor of Arts in Economics from Furman University.
ConnectYourCare's consumer-directed healthcare platform provides a fast path to account-based health plans, enabling firms to lower health benefit costs while empowering consumers with the tools they need to better manage health savings. The solution of choice for large employers, health plans and banks, ConnectYourCare offers a fresh approach to health savings by combining a simplified experience, seamless access and a unique coaching model to accelerate savings and consumer engagement. By removing complexity and motivating individuals to take control of health savings, ConnectYourCare maximizes return on investment for all participants in the healthcare benefits value chain and enables everyone to simplify, save and grow.