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Ebix Acquires Online Health
Exchange HealthConnect Systems
Read the press release
HealthConnect Systems Secures Significant Equity Investment
BOHEMIA, NY - December 4, 2002 - HealthConnect Systems announced it has closed a significant equity investment in the Company from leading insurance technology investors.
Peter Everett, President of HealthConnect, commented, "These funds, plus our combination with HealthMarkets, provide us even more resources to bring value to our clients. Despite the difficult capital raising environment, we were able to secure this new investment from leading investors because of the staggering growth opportunity available to us, our proven track record and our simple but compelling focus on automating the distribution of health insurance and employee benefits."
Everett further commented, "On behalf of the entire Agency Solutions and HealthMarkets teams, we wish to thank all of our clients for their confidence and trust, and we will continue to work hard to earn your business."
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