Tim Hargarten Joins Vlocity Strategic Advisory Board to Advance Health Insurance Industry Cloud
Healthcare and technology executive to provide deep health expertise for advancing cloud-based plan selection applications for health insurers, brokers and payers.
San Francisco – Oct. 29, 2015 – Vlocity, Inc., the Industry Cloud company, today announced that Tim Hargarten, former chief executive officer of Sanare, Access MediQuip, NaviMedix and Kinetra, Inc., will join Vlocity’s strategic advisory board to promote the advancement of health insurance Industry Cloud. As a veteran healthcare and technology executive, Hargarten brings strategic market insight to Vlocity, which will help the company continue to develop leading-edge cloud-based solutions for the health insurance industry.
"Tim's experience as a CEO of payer, provider, medical device and pharma-facing organizations gives him a unique 360-degree view of healthcare,” said David Schmaier, CEO and founder of Vlocity. “Tim long ago recognized the transformative power of IT when, in 1998, he founded Kinetra, one of the first web-based healthcare companies, later acquired by WebMD. In the fifteen years since selling Kinetra, Tim has remained dedicated to transformative improvements in healthcare through the strategic application of information technology. As a result of his nearly two decades working in and around health insurance, Tim has developed deep insights and strong relationships that are helping Vlocity focus on the right things, in the right ways and at the right times. Vlocity is excited to welcome Tim to our advisory board.”
"Health insurers are experiencing rapid transformation with the advent of new models and a focus on the consumer,” said Hargarten. “Strategic management of a health insurance organization requires a world-class customer engagement platform with personalization that extends throughout the core business processes and ecosystem. Vlocity Health Insurance is the only solution that can provide this type of industry depth combined with the world-class Salesforce member engagement solution. Health insurers have always had to choose between business depth and world-class software. With Vlocity Health Insurance, health insurers can have both, delivered via the health insurance Industry Cloud."
The Healthcare Insurance Industry Cloud
Vlocity recently launched Vlocity Health Insurance to enable health insurers, employee benefits providers, and producers to deploy industry-specific processes for group and individual health benefits administration and plan selection via the Salesforce Marketing Cloud, Sales Cloud, Service Cloud and Community Cloud. The platform powers an orchestrated health insurance journey, from marketing to plan selection and then renewal.
“We are thrilled to have Tim join the strategic advisory board as we continue to harness the power and benefits of Salesforce and cloud applications for the healthcare industry,” said Ann Klein, vice president and general manager of Vlocity Healthcare. “Industry Cloud applications greatly improve customer engagement in healthcare operations to make business processes more clear and efficient for customers. Our goal is to make accessing healthcare information simple and easy to manage.”
About Tim Hargarten
Hargarten has 20 years of experience building, operating and serving on boards of leading healthcare technology companies. He is currently an operating partner at Bertram Capital, a private equity firm investing in middle market technology-enabled companies. Most recently, Hargarten was chairman and CEO of Sanare, a diabetes management company. Prior this position, he was CEO of Access MediQuip, a medical device benefit management company. Additionally, he was chairman and CEO of NaviMedix, America's largest real-time healthcare communications network, and founder and CEO of Kinetra. Prior to Kinetra, Hargarten served in global sales and marketing leadership roles at Electronic Data Systems (EDS).