TSYS Healthcare, Consumer Health Technologies Partner

BenefitSpan™ is a total benefit administration and service aggregation platform for healthcare administrators and financial institutions. The announcement brings CHT customers the confidence that TSYS, one of the world’s largest and most admired payment-services companies, is supporting their health and medical financial transactions.

“Our clients will receive a clear advantage, given the fact that TSYS is a proven expert in the emerging market of healthcare payment processing. The TSYS Healthcare benefits payment card provides CHT more flexibility and functionality at the best price, by offering expanded trust account options and an extensive selection of cards to our TPA clients,” said Pradeep Goel, chief executive officer of CHT. “This agreement is a testament to our determination to provide clients with best-in-class expertise and services that will help all stakeholders, including employer groups and participants, to optimize efficiency and reduce costs related to CDHC benefit administration.”

“This partnership offers a single source for all administrative activities related to plan members who use their debit cards to pay for healthcare products and services,” said Trey Jinks, group executive for Healthcare, TSYS. “The ability to support real-time data exchange with CHT provides users with a truly seamless solution. At TSYS, our approach is to reduce unnecessary complexity when the industry needs it most. We’re pleased to partner with CHT, a fast-growing leader in software solutions for administrators.”