ABS Capital-backed ConnectYourCare names interim CEO


ConnectYourCare, which is owned by ABS Capital Partners, has named James C. Simmons as interim CEO. The appointment became effective April 21, 2014. R. Jamie Spriggs has left his post as CEO of ConnectYourCare. Simmons is the former CEO of SunGard Availability Services.  Headquartered in Hunt Valley, Maryland, ConnectYourCare is a healthcare platform.

PRESS RELEASE

Hunt Valley, MD (PRWEB) April 22, 2014
ABS Capital Partners announces that R. Jamie Spriggs departed as Chief Executive Officer and as an employee of ConnectYourCare. And, James C. Simmons, a current ConnectYourCare board member, was appointed as interim Chief Executive Officer of the Company effective Monday, April 21, 2014.
Mr. Simmons comes to ConnectYourCare with 25 years of experience in the technology industry. Most recently he served as Chief Executive Officer and President of SunGard Availability Services, a leading international provider of disaster recovery services, managed IT services, information availability consulting services and business continuity management software. In 2005, he helped structure the $11.6 billion dollar transaction that made SunGard the single largest private equity buyout at that time.
ABS Capital Partners, ConnectYourCare’s majority owner, has initiated the search for a permanent CEO.
About ConnectYourCare
ConnectYourCare’s consumer-directed healthcare platform provides a fast path to account-based health plans, enabling firms to lower health benefit costs while empowering consumers with the tools they need to better manage health savings. The solution of choice for large employers, health plans and banks, ConnectYourCare offers a fresh approach to health savings by combining a simplified experience, seamless access and a unique coaching model to accelerate savings and consumer engagement. By removing complexity and motivating individuals to take control of health savings, ConnectYourCare maximizes return on investment for all participants in the healthcare benefits value chain and enables everyone to simplify, save and grow.

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