STONY BROOK, N.Y. May 31, 2017 – Softheon, a leader in cloud-based health insurance exchanges, today announced that it is the 18th largest healthcare IT (HIT) provider according to Healthcare Informatics , a leading healthcare industry publication which ranks the nation's top HIT companies based on their services and revenues. This is the second consecutive year that Softheon has been included. Softheon's ranking of #18 is up from #34 on the 2016 list.
For the last 20 years, the editors of Healthcare Informatics, one of the healthcare industry's most respected publications, have released the magazine's annual Healthcare Informatics 100, a compilation of the top health IT companies based on revenues verified by Porter Research and ST Advisors.
"We believe that The Healthcare Informatics 100 offers a unique service to our industry, and is uniquely referenced by professionals throughout the field every year," said Mark Hagland , Editor-in-Chief of Healthcare Informatics.
Providing its commercial off-the-shelf cloud-based SaaS & BPaaS solution, Softheon supports multiple sales channels, real-time enrollment & underwriting with standard and composite rating, integrated premium billing, bill presentment & payment, and analytical tools for employers, brokers, government entities, and health insurance carriers.
"We are pleased to receive this distinction from Healthcare Informatics. Our multi-year presence on the list demonstrates our viability and stability as a leader in cloud-based health insurance exchange solutions," stated Eugene Sayan , Softheon Founder, CEO, and Chairman. "Now more than ever, the industry is recognizing the role of Software as a Service (SaaS) and Business Process as a Service (BPaaS) solutions and their ability to dramatically reduce implementation timelines and related risks," Sayan added.