SOURCE: Hx Technologies

August 22, 2006 08:55 ET

Hx Technologies Appoints David Lenihan to Board of Directors

CareGain Founder to Help Guide HxTI's Expanding Presence in Healthcare Payer Market

PHILADELPHIA, PA -- (MARKET WIRE) -- August 22, 2006 -- Hx Technologies, Inc. (HxTI), a leading provider of radiology utilization management solutions and health information exchanges, today announced that David J. Lenihan has been appointed to the Company's Board of Directors. As Founder and CEO of CareGain, a leading technology provider to health plans and third party administrators and business unit of Fiserv, Inc. (NASDAQ: FISV), Lenihan brings deep healthcare payer and IT experience to the HxTI Board.

"I am thrilled to welcome David to the Board of Directors," said Dr. Elliot Menschik, HxTI Chairman and CEO. "David is a healthcare entrepreneur of the highest caliber. His experience in transforming emerging growth companies into mature, industry-leading and market-dominant enterprises will be invaluable during the next phases of our growth."

Lenihan is a Founder and CEO of CareGain, whose platform powers the consumer directed health (CDH) products of CIGNA, Blue Bank, NASCO, HealthNet, Mayo Clinic Health Plan and others. CareGain is also the CDH Solution Partner of America's Health Insurance Plans (AHIP). He led the company from inception in 2001 until its sale to Fiserv Health in January 2006. Lenihan continues to serve as CEO of what is now an operating company of Fiserv Health, which provides a full array of integrated health plan management, claims processing, and administration services for self-funded medical, dental, vision and disability plans.

About Hx Technologies, Inc. (www.hxti.com)

Hx Technologies (HxTI) is a healthcare services and information technology company that works with payers, providers, and regional health information organizations (RHIOs) to speed diagnosis, improve accuracy, reduce the cost of care, and manage radiology utilization through health information exchange. With the support of the National Institutes of Health for over half a decade, the company has pioneered the building and operation of secure electronic networks that enable patients' medical information to follow them privately and seamlessly wherever they receive care. HxTI launched and operates the Philadelphia Health Information Exchange, the nation's first exchange of diagnostic imaging data, which was recently recognized by a leading independent research firm as one of only 7 functioning HIE/RHIOs in the United States.

Contact Information

  • For further information, contact:
    Hx Technologies, Inc.
    340 North Twelfth Street, Suite 321
    Philadelphia, PA 19107-1100
    +1 215 923 4984
    Email Contact