SOURCE: RepayMe

June 05, 2007 13:30 ET

RepayMe® Appoints Executive to Expand Sales Initiatives

SAN DIEGO, CA--(Marketwire - June 5, 2007) - BenSoft, Inc., the pioneer of web-based consumer driven healthcare (CDHC) administration technology, today announced the appointment of James M. Garvey as Vice President of Sales for RepayMe. In this role, Garvey will be responsible for building and managing new account development as part of a national sales expansion strategy.

Throughout his 25-year career, Garvey has played an integral role in all stages of company development, including high growth situations, successful corporate partnerships, and attaining market leadership. His broad base of sales expertise in the healthcare and debit card industries focuses on strategic initiatives, technology integration, and relationship development with Third Party Administrators (TPAs), plan carriers, and banks.

Jim Garvey was most recently Vice President of Healthcare Sales at FSV Payment Systems, a leading provider of host-based stored value and prepaid card solutions. Prior to joining FSV, Garvey played key roles at Motivano/Smartflex and was Chief Marketing Officer for a large insurance marketing organization, responsible for new product development, training and education for 1,500 insurance agents across the U.S.

"Having directly worked with Jim for over five years as both competitor and partner, I am impressed with his knowledge, dedication, trustworthiness and integrity, and I believe his core values mirror those of RepayMe. Jim's tenure and solid reputation in the rapidly growing healthcare debit card industry further validates the RepayMe business model," stated Tom Horan, RepayMe's founder and CEO. "Jim has succeeded in every stage of his career, and we are excited to bring his extensive sales management acumen to RepayMe."

Expressing enthusiasm for his new appointment, Garvey commented, "This is a pivotal time for benefits technology as the consumer-directed market becomes more complicated and more sophisticated. Corporations require solutions that simplify and streamline processes, while providing convenience to plan participants. RepayMe is the original Software-as-a-Service that maintains technology leadership, and I look forward to exploding its market share."

About RepayMe

RepayMe, a wholly owned trademark of BenSoft, Inc., is the pioneer of web-based benefits administration technology for the management of consumer driven healthcare (CDHC) reimbursement accounts. RepayMe is the leading Software-as-a-Service (SaaS) solution designed specifically for Third Party Administrators (TPAs), health plans and self-administrating employers seeking a cost-effective FSA / HRA / HSA / S132 solution. RepayMe provides a flexible and comprehensive system to meet today's complicated healthcare plan designs, including integrated real-time debit card options and an automated Business Processing Outsource (BPO) service. Over 2,500 employers' benefit plans are administered using RepayMe. For more information, visit www.repayme.com.

Contact Information

  • RepayMe PR Contact
    Larissa Scors Anderson
    (619) 858-2650 x213
    Email Contact