Healthx Names Sean Downs as Chief Executive Officer
INDIANAPOLIS–(BUSINESS WIRE) — June 1, 2015 – Healthx, the leading healthcare payer platform for member engagement and provider collaboration, announced today the appointment of Sean Downs as Chief Executive Officer. Mr. Downs brings twenty-five years of experience in healthcare information technology, most recently from his tenure as Chief Executive Officer and Founder at Enclarity, which was acquired by LexisNexis in September 2013. Mr. Downs developed and executed the business plan and go to market strategy that produced a 40% compound annual growth rate over a five year period. He led all market facing activities of the company which ultimately led to customer relationships with 9 of the 15 largest health plans in the U.S and 28 Blue Cross/Blue Shield plans. Prior to Enclarity, Downs ran the 300 employee Healthcare and Insurance division of FICO (NYSE: FICO).
“Healthx is pleased to add such a proven successful leader to its team as Sean Downs. Sean will be key to further increasing Healthx’s rapid growth as the premier provider of digital engagement solutions for the healthcare payer market.”, said Frontier Capital’s Richard MacClean. “He has a demonstrated ability to increase organic growth, identify strategic acquisitions and deliver positive results. We believe that his leadership will position Healthx well in the dynamic healthcare IT market place.
“I am very excited to be part of Healthx’s journey in growing its position as the market-leading digital engagement platform for healthcare organizations,” said Mr. Downs. “As expectations for a consumerism-based delivery model continue to evolve, Healthx is on the leading edge of providing innovative digital communication solutions to our customers.”
The addition of Mr. Downs is another step in Healthx’s aggressive growth and expansion plans. The company announced in February that it will be adding 35 jobs to its Indianapolis headquarters and was awarded over $600,000 in grants and tax credits from the Indiana Economic Development Corporation.
Healthx pioneered the use of a cloud-based technology platform and is the healthcare industry’s leading digital engagement solution for connecting payers, providers, consumers, employers and brokers. Healthx leverages its industry knowledge, influence and relationships to deliver customized solutions to payers that are looking for a differentiator in the healthcare space. Fueled by innovation, Healthx is one of the first healthcare technology companies to offer a cloud-based platform for member engagement and provider collaboration resulting in 16 million logins annually. Today, over 160 healthcare payers across the U.S. rely on Healthx solutions to drive greater ROI for their business. Healthx is powered by healthcare and technology experts that are passionate about member and provider engagement.