CHARLESTON, S.C., Jan. 4, 2021 /PRNewswire/
-- Benefitfocus, Inc. (NASDAQ: BNFT), an
industry-leading benefits technology platform that simplifies
benefits administration for employers, health plans and brokers,
announces it earned a coveted Brandon Hall Group Silver Award
for excellence in the workforce management category.
Benefitfocus' Health Insights was honored for "Best Advance in
HR Predictive Analytics Technology." Health Insights is built on a
foundation of integrated medical claims, prescription claims and
member eligibility data files, which provide unique insights into
health care usage for employees, employers, brokers, third-party
administrators and carriers.
"We are very proud to receive this recognition from the Brandon
Hall Group, because it validates our ongoing commitment to deliver
customer-focused technology innovation that improves lives with
benefits," said Steve Swad, President & CEO of Benefitfocus.
"As health care costs continue to rise, Health Insights provides
comprehensive intelligence for employers, helping them create
smarter plan design, improve employee wellness, and reduce
costs."
Benefitfocus and other winners are listed at
https://www.brandonhall.com/excellenceawards/past-winners.php.
"Technology is the great enabler of human capital management
initiatives. It has never been more important than during this
rapid evolution of remote work that challenged everyone to
instantly adapt," said Brandon Hall Group Chief Operating Officer
and awards program head Rachel
Cooke. "Winners of Excellence in Technology Awards are
critical drivers of their organizations' success, especially in
these disruptive times. Their solutions resulted in substantial
benefit to their business and the human capital management
function. That is the ultimate differentiator: the positive
business impact of technology."
"The Excellence Award in Technology also emphasizes the value of
collaboration between HCM leaders, business leaders and technology
developers. To win, everyone must work together to meet the needs
of all stakeholders, especially the end-users. These Technology
Award winners met this challenge and created value for everyone,"
said Brandon Hall Group Chief Executive Officer Mike Cooke.
A panel of veteran, independent senior industry experts, and
Brandon Hall Group senior analysts and executives evaluated the
entries based upon the following criteria:
- Product: What was the product's breakthrough
innovation?
- Unique differentiators: What makes the product unique
and how does it differ from any competing products?
- Value proposition: What problem does the product solve
and/or what need does this product address?
- Measurable results: What are the benefits customers can
expect to experience as a result of using this product?
Connect with Benefitfocus
Like Benefitfocus on Facebook
Follow @Benefitfocus on Twitter
Follow Benefitfocus on LinkedIn
Follow Benefitfocus on Instagram
About Benefitfocus
Benefitfocus (NASDAQ: BNFT) unifies the entire benefits
industry through innovative technology solutions that bring
efficiency, cost savings and simplicity to employee benefits
administration. Our powerful cloud-based software, data-driven
insights and thoughtfully designed services help employers,
insurance brokers, health plans and suppliers address the
complexity of benefits enrollment and engagement, while bringing
easier access to health, wealth and lifestyle products
through a world-class benefits experience. Our mission is
simple: to improve lives with benefits. Learn more
at www.benefitfocus.com, LinkedIn and Twitter.
About Brandon Hall Group, Inc.
Brandon Hall Group is
the only professional development company that offers data,
research, insights and certification to Learning and Talent
executives and organizations. The best minds in human capital
management (HCM) choose Brandon Hall Group to help them create
future proof employee development plans for the new era. For the
last 27 years we have empowered, recognized and certified
excellence in organizations around the world influencing the
development of over 10,000,000 employees and executives. Our HCM
Excellence Awards was the first to recognize organizations for
learning and talent and is the gold standard, known as the 'Academy
Awards of Human Capital Management'. Our cloud-based platform
delivers evidence-based insights in the areas of Learning and
Development, Talent Management, Leadership Development, Diversity
and Inclusion, Talent Acquisition and HR/Workforce Management for
corporate organizations and HCM solution providers. To learn more
visit (http://www.brandonhall.com)
DISCLAIMER REGARDING FORWARD LOOKING STATEMENTS
Except for historical information, all of the statements,
expectations, and assumptions contained in this press release are
forward-looking statements. Actual results might differ materially
from those explicit or implicit in the forward-looking statements.
Important factors that could cause actual results to differ
materially include: volatility and uncertainty in the global
economy and financial markets in light of the evolving COVID-19
pandemic and uncertainties arising from the recent U.S. elections;
our continuing losses and need to achieve GAAP profitability;
fluctuations in our financial results; our ability to maintain our
culture, retain and motivate qualified personnel; the immature and
volatile market for our products and services; risks related to
changing healthcare and other applicable regulations; risks
associated with acquisitions; cyber-security risks; the need to
innovate and provide useful products and services; our ability to
compete effectively; privacy, security and other risks associated
with our business; and the other risk factors set forth from time
to time in our SEC filings, copies of which are available free of
charge within the Investor Relations section of the Benefitfocus
website at http://investor.benefitfocus.com/sec-filings or upon
request from our Investor Relations Department. Benefitfocus
assumes no obligation and does not intend to update these
forward-looking statements, except as required by law.
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SOURCE Benefitfocus, Inc.