Associated tags: COBRA, BPO, Datapath, ROCK
Locations: GEORGIA, PETAH-TIKVA, IL, UNITED STATES, ISRAEL, GILAT, US, ARKANSAS, SOUTH DAKOTA
John Robbins, Jr., President and CEO of DataPath, explains, "ProsperityHSA uniquely combines expertise, business partnerships, proven products, and experienced services to help banks, TPAs, and brokers not only capitalize on existing market opportunities but also create new ones."
Key Points:
- John Robbins, Jr., President and CEO of DataPath, explains, "ProsperityHSA uniquely combines expertise, business partnerships, proven products, and experienced services to help banks, TPAs, and brokers not only capitalize on existing market opportunities but also create new ones."
- For TPAs, ProsperityHSA offers a robust, user-friendly platform that serves third-party administrators, their associated employer groups, and individual account owners.
- Insurance brokers, by aligning with ProsperityHSA and their banking partners, can seamlessly integrate HSAs into their benefits offerings, increasing client satisfaction and retention.
- ProsperityHSA clients will be able to leverage our compliance, technology, and management capabilities to gain their share of this growing, lucrative market."
OTS,
Partnership,
Insurance,
Automation,
COBRA,
Marketing,
Agility,
ROCK,
Datapath,
Growth,
Management LITTLE ROCK, Ark., March 26, 2024 /PRNewswire/ -- DataPath, Inc. today announced the launch of Accelergent Growth Solutions to help companies in the benefits, financial services, and insurance industries accelerate their growth and profitability.
Key Points:
- LITTLE ROCK, Ark., March 26, 2024 /PRNewswire/ -- DataPath, Inc. today announced the launch of Accelergent Growth Solutions to help companies in the benefits, financial services, and insurance industries accelerate their growth and profitability.
- Accelergent offers expert business process management, outsourcing, automation, and marketing services, allowing businesses to focus on core competencies and revenue-generating activities.
- The new organization expands a 15+ year partnership between DataPath, Inc. and its sister company, Overbrook Technology Services (OTS).
- With a 99% accuracy rate, Accelergent has processed over 3.5 million claims and numerous enrollments, plan setups, and COBRA transactions.
Retrieved on:
Thursday, November 16, 2023
Acquisition,
Foreign investment,
Datapath,
LLP,
SATCOM,
Committee,
Communication,
CFIUS,
TASE,
Government,
Gilat “This acquisition is a strong step ahead in Gilat’s strategy to increase its presence in the growing defense market,” said Adi Sfadia, Gilat’s CEO.
Key Points:
- “This acquisition is a strong step ahead in Gilat’s strategy to increase its presence in the growing defense market,” said Adi Sfadia, Gilat’s CEO.
- “DataPath, now as part of Gilat, will continue to offer superior solutions, not just within the U.S. DoD market, but throughout the world.
- This acquisition’s synergies enhance Gilat’s and DataPath’s ability to develop solutions for the rapidly evolving satellite communication market.
- As the SATCOM market enters a new space age, our combined resources and technologies further enhance Gilat’s strategy in the global defense sector.”
Needham & Company LLC and Quilty Analytics LLC are serving as financial advisors to Gilat.
Retrieved on:
Thursday, December 14, 2023
Well,
COBRA,
HSA,
CDH,
Commerce,
Balance,
IRS,
FSA,
Currency strap,
Partnership,
ROCK,
Datapath,
Online shopping,
Management,
Summit DataPath has been helping clients get where they want to grow for nearly 40 years through innovative solutions that address ever-changing market conditions.
Key Points:
- DataPath has been helping clients get where they want to grow for nearly 40 years through innovative solutions that address ever-changing market conditions.
- DataPath is the only platform provider that is an end-to-end card and payment processor, and DataPath Financial Services, Inc. is an IRS-approved HSA non-bank custodian.
- When logged in to Summit, employee participants can connect directly to FSA Store or HSA Store to spend account funds.
- "We're proud to partner with DataPath to help consumers and employers realize greater value from their tax-advantaged healthcare accounts."
Retrieved on:
Wednesday, November 8, 2023
DFS can now provide more expansive capacity to its HSA client partners, including powerful efficiencies in both compliance and flexibility.
Key Points:
- DFS can now provide more expansive capacity to its HSA client partners, including powerful efficiencies in both compliance and flexibility.
- "Having debuted our HSA administration platform in 2004, DataPath already offered perhaps the most proven system on the market," said John Robbins, Jr., DataPath's president and chief executive officer.
- Among the many benefits to DataPath client partners of the company becoming an approved Non-Bank Custodian, DFS can now support these areas and more:
Starting January 1, DFS will become the non-bank custodian for all HSAToday® and Summit HSA health savings accounts, along with all white-label HSA products administered on the DataPath platform.
- The custodian conversion process will have minimal impact on current customers of DataPath HSA management services and the DataPath HSA platform.
Retrieved on:
Tuesday, October 31, 2023
LITTLE ROCK, Ark., Oct. 31, 2023 /PRNewswire/ -- DataPath, Inc., a leading developer of technology solutions for employee benefits administration, has published a new whitepaper entitled "Mental Health Support Joins the List of Essential Employee Benefits for 2024".
Key Points:
- LITTLE ROCK, Ark., Oct. 31, 2023 /PRNewswire/ -- DataPath, Inc., a leading developer of technology solutions for employee benefits administration, has published a new whitepaper entitled "Mental Health Support Joins the List of Essential Employee Benefits for 2024".
- It reviews the evolution of mental health care in America and why employers must plan to offer supportive benefit programs in 2024.
- "Mental health care in the U.S. has made great strides, but the need for mental and emotional well-being support continues to grow," said Bo Armstrong, DataPath's Chief Marketing Officer.
- "As Millennial and Gen Z generations become dominant in the workforce, demand and utilization have grown to the extent that they can no longer be overlooked by employers wishing to stay competitive," he said.
LITTLE ROCK, Ark., July 19, 2023 /PRNewswire/ -- DataPath, a leading technology and growth services provider for third-party administrators, has partnered with Mastercard and HealthLock to help consumers protect against medical bill fraud, claim errors, and overcharges.
Key Points:
- LITTLE ROCK, Ark., July 19, 2023 /PRNewswire/ -- DataPath, a leading technology and growth services provider for third-party administrators, has partnered with Mastercard and HealthLock to help consumers protect against medical bill fraud, claim errors, and overcharges.
- The partnership with Mastercard and Healthlock will initially open the no-fee, core HealthLock breach alert and fraud remediation service to all enrolled users of DataPath debit cards, including the Summit card, mySourceCard®, and COMPASS™ card.
- "Our partnership with Mastercard and HealthLock provides DataPath cardholders with a secure, accurate method of reducing costs related to fraudulent billings, overcharges, and claims errors," said John J. Robbins, Jr., DataPath president and CEO.
- Current DataPath cardholders can receive more information and enroll in the HealthLock service by visiting healthlock.com/mcdp.
LITTLE ROCK, Ark., May 18, 2023 /PRNewswire/ -- DataPath, Inc., a leading developer of technology and business solutions for employee benefits administration, has published a whitepaper titled "Updating Your Benefits Program for a Remote or Hybrid/Onsite Workforce." The whitepaper proposes that the majority of identified "must-have" needs of today's workforce can be addressed by offering six specific benefit options.
Key Points:
- LITTLE ROCK, Ark., May 18, 2023 /PRNewswire/ -- DataPath, Inc., a leading developer of technology and business solutions for employee benefits administration, has published a whitepaper titled "Updating Your Benefits Program for a Remote or Hybrid/Onsite Workforce."
- The whitepaper proposes that the majority of identified "must-have" needs of today's workforce can be addressed by offering six specific benefit options.
- Leading up to the benefit recommendations, the whitepaper explores changes to employee benefits satisfaction after transitioning to remote working, the impact on retention of updating benefits packages, and different generational views on perks.
- "It's exciting to consider how TPAs and brokers can help employers build benefits packages that meet these developing and diverse needs."
Information technology,
Committee on Foreign Investment in the United States,
Acquisition,
CFIUS,
DPI,
SATCOM,
Datapath,
Committee,
System,
Growth,
DLA Piper,
Defense,
Foreign investment,
United States Department of Defense,
TASE PETAH TIKVA, Israel, March 09, 2023 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (Nasdaq: GILT, TASE: GILT), a worldwide leader in satellite networking technology, solutions, and services, announced today that it has signed a definitive agreement to acquire DataPath, Inc. (DPI), which will be a core component of Gilat’s Defense growth strategy. DataPath is a market leader in trusted communications for the US DoD Military and Government sectors. The acquisition is another step in Gilat's initiative to increase its presence in the growing Defense market. Gilat expects its annual revenues in the Defense sector to increase by approximately $50 Million following the closing of the acquisition.
Key Points:
- DataPath is a market leader in trusted communications for the US DoD Military and Government sectors.
- The acquisition is another step in Gilat's initiative to increase its presence in the growing Defense market.
- Gilat expects its annual revenues in the Defense sector to increase by approximately $50 Million following the closing of the acquisition.
- The transaction has been approved by the Gilat board of directors and by DataPath’s board of directors and stockholder.
Retrieved on:
Thursday, November 17, 2022
DULUTH, Ga., Nov. 17, 2022 /PRNewswire/ -- DataPath, Inc., a leading provider of advanced and secure communications solutions and technical support services, today announced the delivery of its transformative more mobile Deployable Ku Band Earth Terminal (DKET) satellite communications terminal to the U.S. Space Force.
Key Points:
- DULUTH, Ga., Nov. 17, 2022 /PRNewswire/ -- DataPath, Inc., a leading provider of advanced and secure communications solutions and technical support services, today announced the delivery of its transformative more mobile Deployable Ku Band Earth Terminal (DKET) satellite communications terminal to the U.S. Space Force.
- The technological enhancement, along with the greatly improved transportability of this third generation DKET, has made this deployable network hub an industry game changer.
- DataPath Delivers Transformative DKET Terminal to U.S. Space Force
"We are honored to support the U.S. Space Force and their mission.
- DataPath excels in advanced and secure communications solutions tailored to the unique requirements of commercial, government/military, aerospace, broadcast and critical infrastructure clients.
