DEBUG: PAGE=domain, TITLE=Healthcare Payer,ID=1444,TEMPLATE=subprogram
toggle expanded view
programcode = HAIHPA
programid = 163
database = t
alerts = t
neat = t
vendors = t
forecasting = t
confidence = f
definitions = t

Search within: Healthcare Payer:

Access our analyst expertise:

Only NelsonHall clients who are logged in have access to our analysts and advisors for their expert advice and opinion.

To find out more about how NelsonHall's analysts and sourcing advisors can assist you with your strategy and engagements, please contact our sales department here.

Subscribe to blogs & alerts:

manage email alerts using the form below, in order to be notified via email whenever we publish new content:

has Database = t

Contracts Database

for Healthcare Payer

Track the pattern of service adoption by monitoring Healthcare Payer contract awards by your peers. Identify who are the successful vendors this industry now. Updated monthly!

These documents are available to logged in clients that have purchased access to this program.

has Confidence = f -- IGNORED

Empyrean Benefit Solutions - H&W Services

Vendor Analysis

by NelsonHall Analyst

published on Sep 01, 2014

Access to this report is restricted to logged in clients with access. Login to get full access

Report Overview:

An analysis of Empyrean's H&W services including H&W administration, spending account administration, and COBRA administration.

Who is this Report for:

NelsonHall's H&W Services Vendor Assessment for Empyrean Benefit Solutions (Empyrean) is a comprehensive assessment of Empyrean's H&W offering and capabilities, designed for:

  • Sourcing managers monitoring the capabilities of existing suppliers of H&W and identifying vendor suitability for H&W RFPs
  • Vendor marketing, sales, and business managers looking to benchmark themselves against their peers
  • Financial analysts and investors specializing in the H&W sector.

Scope of this Report:

The report provides a comprehensive and objective analysis of Empyrean's H&W offering, capabilities, and market and financial strength, including:

  • Identification of the company's strategy, emphasis, and new developments
  • Analysis of the company's strengths, weaknesses, and outlook
  • Revenue estimates
  • Analysis of the profile of the company's customer base including the company's targeting strategy and examples of current contracts
  • Analysis of the company's offerings and key service components
  • Analysis of the company's delivery organization including the location of delivery locations.




Key Findings & Highlights:

Empyrean Benefit Solutions (Empyrean), founded in 2006 and headquartered in Houston, Texas, is a U.S. based benefits administration provider focusing on the provision of health and welfare (H&W) services.

The company's H&W service offering includes H&W administration (enrollment, life events processing, eligibility management / determination, direct billing, total compensation statements); spending account administration (FSA, HSA, HRA, commuter benefits); and COBRA administration.

Until last year, Empyrean was primarily focused on targeting large market organizations for its H&W services defined as those with >10k employees. In H2 2012, the company launched a specific mid-market offering, EnrollmentPoint, to facilitate business growth.

In total, Empyrean has ~220 benefits administration clients across its entire book of business and serves ~1.2m participants.

Login to get full access:

close