HealthPlan Services

During our seven-year partnership with HealthPlan Services, Water Street helped grow the company into the nation’s leading technology and Business Process as a Services (BPaaS) solution for the individual health insurance industry.  Together with management, Water Street developed and executed a strategic plan that expanded HealthPlan’s outsourcing platform and elevated the company to a leadership role in the insurance exchange market created through the Affordable Care Act.  HealthPlan nearly quadrupled its revenues to $223 million and more than doubled its employees over the course of our partnership.  Wipro Limited, a global information technology, consulting and business process services leader, purchased HealthPlan from Water Street in 2016 to strengthen its position in the U.S. health insurance exchange market.