Company:HCentive
| Type | Private |
|---|---|
| Industry | Software development |
| Founded | 2009 |
| Founders | Sanjay Singh; Manoj Agarwala; Tarun Upaday |
| Headquarters | Reston, Virginia , United States |
Number of locations | New York, Colorado, Pennsylvania and Noida, India (R&D center) |
Area served | United States |
Key people | Sanjay Singh (CEO) |
| Products | Software for health insurance marketplaces |
Number of employees | 500+ [1] |
| Parent | UnitedHealth Group (Optum) |
| Website | www |
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
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
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
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
- ↑ 1.0 1.1 "hCentive opens R&D center in Noida". 13 July 2013. http://articles.timesofindia.indiatimes.com/2013-07-13/software-services/40553381_1_noida-rs-500-crore-solutions. Retrieved 13 October 2013.
- ↑ Wayne, Alex; Nussbaum, Alex (1 October 2013). "Obamacare Markets Debut as Early Hurdles May Slow Signups". https://www.bloomberg.com/news/2013-10-01/obamacare-markets-debut-as-early-hurdles-may-slow-signups.html. Retrieved 13 October 2013.
- ↑ Molinsky, Eric (25 September 2013). "Tech Firms Rush to Build Health Exchanges Before Deadline". New York Public Radio. http://www.wnyc.org/story/tech-firms-rush-build-health-exchanges-deadlin/. Retrieved 13 October 2013.
- ↑ "Subsidiaries of UnitedHealth Group Incorporated (Exhibit 21.1)". December 31, 2018. https://www.sec.gov/Archives/edgar/data/731766/000073176619000005/unhex21112312018.html.
- ↑ Green, Miranda (21 August 2013). "Technology Firms Staff Up to Build Health-Insurance Exchanges". http://www.thedailybeast.com/articles/2013/08/21/technology-firms-staff-up-to-build-health-insurance-exchanges.html. Retrieved 13 October 2013.
- ↑ 6.0 6.1 Mangan, Dan (9 September 2013). "In Obamacare, tech entrepreneur envisions a new Expedia". https://www.cnbc.com/id/100999933. Retrieved 13 October 2013.
- ↑ Weldon, David (30 September 2013). "Healthcare reform a job creation machine". MedTech Media. http://www.healthcarefinancenews.com/news/healthcare-reform-job-creation-machine?page=1. Retrieved 13 October 2013.
- ↑ Weldon, David (30 September 2013). "IT efforts braced for tomorrow's Obamacare exchange launches". FierceMarkets. http://www.fierceenterprisecommunications.com/story/it-efforts-braced-tomorrows-obamacare-exchange-launches/2013-09-30. Retrieved 13 October 2013.
- ↑ "National Company Law Tribunal (Hyderabad Bench) — Order CA (CAA) 4/2022". April 21, 2022. https://nclt.gov.in/gen_pdf.php?filepath=%2FEfile_Document%2Fncltdoc%2Fcasedoc%2F3607130003632022%2F04%2FOrder-Challenge%2F04_order-Challange_004_165086373714208961862662e79690c9.pdf.
- ↑ Kim, Meeri (25 July 2013). "Obamacare spurs creation of thousands of new jobs to explain law". Washington Post. https://www.washingtonpost.com/national/health-science/obamacare-spurs-creation-of-thousands-of-new-jobs-to-explain-law/2013/07/26/f0c126d2-efd5-11e2-a1f9-ea873b7e0424_story.html. Retrieved 20 September 2025.
- ↑ Schoenberg, Shira (June 20, 2014). "Massachusetts Health Connector to pay $35 million to sever ties with technology vendor CGI over failed website". MassLive. https://www.masslive.com/politics/2014/06/massachusetts_health_connector_3.html.
- ↑ Deloitte Technology Fast 500 Winner for 2016
- ↑ 34th annual Inc. 5000
- ↑ Washington Business Journal Fast 50
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