OMAHA, Neb.--(BUSINESS WIRE)-- Benaissance, the leading provider of Software as a Service (SaaS) and consolidated premium billing solutions for health insurance exchanges, national benefit administrators and commercial payers, today announced the company has realigned itself based upon its three core market-based solution offerings. Effective today, Benaissance is now supported by highly experienced teams and leadership for 1) Carrier & Government Solutions, 2) Administrator Solutions and 3) Financial Institution Solutions.
“This solutions based orientation of Benaissance’s organizational structure is a significant proof-point that we are 100% focused on delivering world-class individual and group consolidated billing solutions to the commercial payer, administrator and state-based health insurance exchange marketplaces,” said Benaissance CEO, John Jenkins. "The benefit to Benaissance’s customers and their stakeholders in the insurance ecosystem will be highly focused innovations for each market segment combined with rapid deployments and industry leading quality."
“Many companies organize themselves around internal product groups or service delivery units; Benaissance operates in the ‘voice of the customer’ in all every aspect, including the very foundational aspect of its organizational structure," said Cara Seaman, Benaissance Human Resources Manager. "This alignment reinforces what has been a core tenant of the business from inception."
Founded in 2003, Benaissance has grown into a leader in “Software as a Service” solutions for highly efficient and scalable individual subscriber and group consolidated billing administration. Benaissance’s flagship solutions are supported by seamlessly integrated business process outsourcing services. In 2008, McCarthy Capital partnered with Benaissance to support management’s plan for growth and expansion into the administrators, payor and health benefit exchange markets.
About McCarthy Capital
Based in Omaha, NE with offices in Boston, McCarthy Capital manages $500 million in private equity assets and capital commitments. For more information about McCarthy Group and McCarthy Capital, please visit www.mccarthygroup.com.