hCentive

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hCentive, Inc.
Company typePrivate
IndustrySoftware development
Founded2009
FoundersSanjay Singh;
Manoj Agarwala;
Tarun Upaday
Headquarters,
United States
Number of locations
New York, Colorado, Pennsylvania and Noida, India (R&D center)
Area served
United States
Key people
Sanjay Singh (CEO)
ProductsSoftware for health insurance marketplaces
Number of employees
500+ [1]
ParentUnitedHealth Group (Optum)
Websitewww.hcentive.com

hCentive, Inc. is a software company based in Reston, Virginia, known for developing cloud-based products for health insurers and state agencies involved with health insurance marketplaces.[2][3]

As of December 31, 2018, hCentive, Inc. was listed among UnitedHealth Group’s subsidiaries, indicating that the company had been integrated into UHG’s Optum business by that time.[4]

History

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hCentive was founded in 2009 by Sanjay Singh, Manoj Agarwala and Tarun Upaday. The company expanded alongside the rollout of the Affordable Care Act.[5][6][7]

In 2013, media reported that approximately 125 employees worked at the corporate headquarters, with additional staff at the Noida R&D center.[1][8]

In 2022, Hcentive Technology India Pvt Ltd was amalgamated into Optum Global Solutions Pvt Ltd, alongside other Optum entities, under an NCLT Hyderabad order.[9]

Products and services

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The company developed software used by state-based health insurance marketplaces. Its WebInsure State platform was used by exchanges in New York, Colorado and Kentucky.[10]

For private markets, the company offered WebInsure Private Exchange and WebInsure Exchange Manager for integration between plans, third-party administrators and related parties.[6]

In June 2014, the Massachusetts Health Connector selected Optum as systems integrator to implement an off-the-shelf exchange platform, customizing software from hCentive, with the goal of restoring functionality for the November 2014 open enrollment period.[11]

Awards and rankings

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The company was ranked No. 62 on Deloitte Technology Fast 500 (2016), No. 117 on the Inc. 5000 (2014), and No. 12 on the Washington Business Journal Fast 50 (2015).[12][13][14]

References

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  6. ^ a b Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).
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  12. ^ Deloitte Technology Fast 500 Winner for 2016
  13. ^ 34th annual Inc. 5000
  14. ^ Washington Business Journal Fast 50
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