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Company type | Private |
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Industry | Software development |
Founded | 2009 |
Founders | Sanjay Singh; Manoj Agarwala; Tarun Upaday |
Headquarters | , United States |
Number of locations | New York, Colorado, Pennsylvania and Noida, India (R&D center) |
Area served | United States |
Key people | Sanjay Singh (CEO) |
Products | Software for health insurance marketplaces |
Number of employees | 500+ [1] |
Parent | UnitedHealth Group (Optum) |
Website | www |
hCentive, Inc. is a software company based in Reston, Virginia, known for developing cloud-based products for health insurers and state agencies involved with health insurance marketplaces. [2] [3]
As of December 31, 2018, hCentive, Inc. was listed among UnitedHealth Group’s subsidiaries, indicating that the company had been integrated into UHG’s Optum business by that time. [4]
hCentive was founded in 2009 by Sanjay Singh, Manoj Agarwala and Tarun Upaday. The company expanded alongside the rollout of the Affordable Care Act. [5] [6] [7]
In 2013, media reported that approximately 125 employees worked at the corporate headquarters, with additional staff at the Noida R&D center. [1] [8]
In 2022, Hcentive Technology India Pvt Ltd was amalgamated into Optum Global Solutions Pvt Ltd, alongside other Optum entities, under an NCLT Hyderabad order. [9]
The company developed software used by state-based health insurance marketplaces. Its WebInsure State platform was used by exchanges in New York, Colorado and Kentucky. [10]
For private markets, the company offered WebInsure Private Exchange and WebInsure Exchange Manager for integration between plans, third-party administrators and related parties. [6]
In June 2014, the Massachusetts Health Connector selected Optum as systems integrator to implement an off-the-shelf exchange platform, customizing software from hCentive, with the goal of restoring functionality for the November 2014 open enrollment period. [11]
The company was ranked No. 62 on Deloitte Technology Fast 500 (2016), No. 117 on the Inc. 5000 (2014), and No. 12 on the Washington Business Journal Fast 50 (2015). [12] [13] [14]