Benefitfocus

Benefitfocus, Inc. provides cloud-based benefits management technology solutions for employers and health plans. The Benefitfocus Platform has a multi-tenant architecture and a user-friendly interface designed for employees to access their benefits in one place. The company’s solutions support medical benefit plans and non-medical benefits, such as dental, life, disability insurance, income protection, digital health, and financial wellness. Its target market consists of the Employers and Health Plans market segments. The Employers market segment includes the sale of technology solutions on an annually recurring or multi-year subscription basis. Employers use these solutions to streamline benefits processes and control costs, keep up with regulatory requirements, and offer a variety of benefit options to attract, retain, and motivate employees. The Health Plans market segment is involved in the sale of solutions on a subscription basis to health plans, enabling the expansion of the company’s overall footprint in the benefits marketplace by aggregating key constituents, including consumers, employers, and brokers. Health Plans, also known as health insurers, health insurance carriers, or medical insurance carriers, use these solutions to market offerings to benefits-eligible employees, simplify billing, and improve the enrollment process. Brokers use the platform to manage employer portfolios. The company was founded by Mason R. Holland and Shawn A. Jenkins in June 2000 and is headquartered in Charleston, SC.

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Benefitfocus is a provider of a cloud-based benefits management platform for health care and benefits administration. More than 20 million consumers manage all types of benefits in the Benefitfocus cloud. By delivering technology that integrates all benefits in one place, Benefitfocus provides a better way to engage consumers, educate employees and simplify benefit enrollment and management. The company was founded in 2000 and is based in Charleston, South Carolina.

CHARLESTON, S.C., Sept. 9, 2020 /PRNewswire/ -- Benefitfocus, Inc.

University of Texas System Successfully Completes First Open Enrollment Using Benefitfocus Platform

CHARLESTON, S.C., Sept. 8, 2020 /PRNewswire/ -- Benefitfocus, Inc.

Robin Kirby Joins Benefitfocus as Chief Human Resources Officer

CHARLESTON, S.C., Aug. 25, 2020 /PRNewswire/ -- Benefitfocus, Inc.

Natalist's Reproductive Health Products and Resources Joins Benefitfocus' Expanding Benefits Catalog

CHARLESTON, S.C., Aug.  24, 2020  (GLOBE NEWSWIRE) -- Benefitfocus, Inc. (NASDAQ: BNFT) announces that Stephen Swad, the company’s chief financial officer, is named president and chief executive officer, effective today. Swad succeeds Raymond August, who is stepping down as president and chief executive officer. To ensure a seamless handoff of leadership responsibilities, and as part of the board’s succession plan, August will remain with the company through the end of the year. Swad also succeeds August as a director on the Benefitfocus board of directors.

Benefitfocus Appoints New CEO and CFO to Drive Next Phase of Growth

CHARLESTON, S.C., Aug. 19, 2020 /PRNewswire/ -- Benefitfocus, Inc.

Benefitfocus Delivers Enhanced Digital Resources to Advance the Benefits Shopping Experience and Employee Communication

CHARLESTON, S.C., Aug. 10, 2020 /PRNewswire/ -- Benefitfocus, Inc.

Benefitfocus Launches One Place Now Interactive Series

Benefitfocus, Inc. (BNFT) CEO Raymond August on Q2 2020 Results - Earnings Call Transcript

Benefitfocus (BNFT) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Is a Surprise Coming for Benefitfocus (BNFT) This Earnings Season?

Benefitfocus (BNFT) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Benefitfocus (BNFT) Expected to Beat Earnings Estimates: Should You Buy?

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Benefitfocus (BNFT) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

All You Need to Know About Benefitfocus (BNFT) Rating Upgrade to Buy

CHARLESTON, S.C., July  15, 2020  (GLOBE NEWSWIRE) --  Benefitfocus, Inc.  (NASDAQ: BNFT), a leading cloud-based benefits platform and services provider, today announced that it will report its second quarter 2020 results after U.S. financial markets close on August 5, 2020.

Benefitfocus Announces Date of Second Quarter Financial Results

Benefitfocus (BNFT) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

What Makes Benefitfocus (BNFT) a New Strong Buy Stock

CHARLESTON, S.C., June 23, 2020 /PRNewswire/ -- Benefitfocus, Inc. (NASDAQ: BNFT), a technology platform provider enabling rapid innovation for employers, health plans and consumers, today announced the addition of Haven Life and its innovative product, Salary Protection, to the growing...

Benefitfocus Adds Insurance Innovator Haven Life to its Benefit Catalog

Investment Bolsters Balance Sheet and Accelerates Transformation of Industry-Leading, AI-driven Benefits Platform

Benefitfocus Announces Closing of $80 Million Investment by BuildGroup LLC

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Bolsters the Company’s Balance Sheet to Facilitate the Accelerated Transformation of Benefitfocus’ Industry-Leading, AI-driven Platform Bolsters the Company’s Balance Sheet to Facilitate the Accelerated Transformation of Benefitfocus’ Industry-Leading, AI-driven Platform

Benefitfocus Announces $80 Million Investment by BuildGroup LLC

CHARLESTON, S.C., May 21, 2020 /PRNewswire/ -- Benefitfocus, Inc. (NASDAQ: BNFT), a technology platform provider enabling rapid innovation for employers, health plans and consumers, today announced several platform enhancements designed to help reduce the administrative burden for brokers...

Benefitfocus Delivers Enhanced Mobile and Communications Capabilities

CHARLESTON, S.C., May 20, 2020 /PRNewswire/ -- Benefitfocus, Inc. (NASDAQ: BNFT), a technology platform provider enabling rapid innovation for employers, health plans and consumers, today announces "Colleague Transition Services" as a new core competency in its Benefitplace™ total...

Benefitfocus' Platform Manages Workforce Transition from First Hire to Re-hire

Benefitfocus (BNFT) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

Why Benefitfocus (BNFT) Stock Might be a Great Pick

Benefitfocus, Inc. (BNFT) CEO Raymond August on Q1 2020 Results - Earnings Call Transcript

Benefitfocus, Inc. (BNFT) CEO Raymond August on Q4 2019 Results - Earnings Call Transcript

Benefitfocus (BNFT) delivered earnings and revenue surprises of 200.00% and -0.01%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?

News for Benefitfocus Stock (BNFT)