| Business Summary | | eBenX,
Inc.
provides
specialized
technology-based
solutions
for
the
administration
of
health
and
welfare
benefit
programs.
The
Company
uses
the
Internet,
proprietary
technology
and
strategic
support
resources
to
simplify
and
automate
the
sharing
of
data,
and
the
completion
of
multiple
and
ongoing
financial
and
administrative
transactions,
which
are
necessary
to
administer
and
pay
for
health
and
welfare
benefits.
The
Company's
services
are
designed
to
provide
more
choice
and
reduced
costs
for
employers;
improved
efficiencies
and
strengthened
client
relationships
for
brokers
and
other
benefit
advisors;
reduced
costs
and
the
ability
to
offer
new
products
for
health
plans
and
other
benefit
suppliers;
and
more
choice,
convenience
and
improved
service
for
employees
and
their
dependents. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | eBenX,
Inc.
provides
specialty
technology-based
solutions
for
the
administration
of
health
and
welfare
benefits
programs.
For
the
six
months
ended
6/30/01,
revenues
rose
27%
to
$15.1
million.
Net
loss
totaled
$20.5
million,
up
from
$3.7
million.
Revenues
reflect
the
acquisition
of
Arbor
and
an
increase
in
new
sales
from
the
administrative
services.
Higher
loss
reflects
lower
gross
margins
and
a
$11.3
million
goodwill
amortization
charge. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Mark Tierney, 52 Chairman | $200K | John Davis, 42 Pres,
CEO, Director | 200K | Thomas Kelly, 39 CFO,
Sec. | -- | Scott Halstead, 37 Exec.
VP and Gen. Mang. For Corp. Solutions | 175K | Jeffrey Rosenblum, 38 Pres,
Mid-Market | -- | Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|