Quadrant 4 System Corp. on Wednesday announced HealthSmart will implement Quadrant 4’s QHIX Benefits Administration and Private Health Exchange capabilities.
"We are very pleased to be working with the HealthSmart team on multiple deployments of our core technology, QHIX,” Quadrant 4 CEO Nandu Thondavadi said. “HealthSmart is a great organization and our corporate cultures are very similar. Our teams are already working together closely on multiple deployments. This is a big win for Quadrant 4 as it demonstrates how our platform was built to serve a broad operational third-party administrator like HealthSmart.”
HealthSmart, the largest independent provider of managed care solutions for self-funded employers, will start deploying benefits and private health exchange capabilities for its 1.2 million members.
Quadrant 4’s QHIX is a fruition of many years of research and development. It is the first cloud-based, fully functional commercial exchange for health plans, brokers, employers, employees, consultants, third-party administrators and individuals.
"Quadrant 4 was selected for several reasons," HealthSmart CEO Thomas Kelly said. "Quadrant 4 is not only a very strong technology partner but their QHIX platform has proven to meet all of our diverse operational needs. What is truly great about QHIX platform is their unique approach to offering sophisticated benefits administration, private health exchange and hybrid exchange capabilities. We were looking for the best of breed partner and we found that partner in Quadrant 4."