Successful Ft. Lauderdale-based Enhance Health acquires local JET Health Solutions
Read Time 3 MinutesJET Health Solutions, the sister company of Ft. Lauderdale-based OZ Digital, recently announced they were acquired by Enhance Health.
Established in 1997, JET Health Solutions is the healthcare product division of IT systems integrator and consulting firm OZ Digital Consulting. The company is a premier Enhanced Direct Enrollment (EDE) platform and has been equipping healthcare payers and providers with the technology tools they need to surge ahead of the competition in a rapidly changing healthcare marketplace such as break-through automation systems for both payers and providers that boost productivity, improve operational efficiencies, accelerate sales, and bolster the bottom line.
Enhance Health is a digital health insurance brokerage and care navigation platform. The acquisition reinforces Enhance Health’s commitment to serving its members and scaling its operations effectively through technology. Enhance Health was founded in 2021 by industry veteran Matt Herman and backed by Bain Capital Insurance and has experienced rapid growth due to the record number of Americans enrolling in ACA health plans in 2022. Enhance Health has grown its membership base to hundreds of thousands, and is rapidly expanding into other insurance business lines.
Enhance Health has gained much visibility through recent partnerships such as NASCAR, Floyd Mayweather Jr., and the recent official partnership agreement with the Miami Dolphins and Hard Rock Stadium. The multi-year partnership provides wide-spread visibility for the rapidly growing insurance organization between two offices in the Fort Lauderdale area.
“Enhance Health is committed to helping as many people as possible in South Florida access quality healthcare through great health insurance, often at little or no cost. The partnership with the Miami Dolphins will help us spread the word and ultimately get more people covered, given the team’s widespread popularity and dedicated fan base,” said Matthew Herman, CEO and President of Enhance Health.
“We are thrilled to announce the acquisition of JET Health Solutions. Since Enhance’s founding, we’ve been committed to leveraging technology in new ways to simplify the enrollment process. JET’s advanced EDE platform improves our already best-in-class member and agent experience.”
JET Health Solutions’ flagship product, JET Insure is the enterprise-class online private exchange and marketplace quote-to-card insurance automation platform that empowers health plans to sell multiple lines-of-business — individual/family ACA (on/off-exchange), small group, large group, fully/self/level-funded and specialty products — faster and more profitably, all on a single system leveraging all sales channels including brokers and direct to consumer sales. JET Insure is a single platform for all your insurance products sales, and policy management needs.
With hundreds of thousands of members enrolled in Affordable Care Act (ACA) plans as well as Medicare Advantage plans, Enhance Health has established itself as a trusted partner in the healthcare industry. The acquisition of JET empowers Enhance Health to fully own the enrollment process, enhancing its capabilities and expanding its services with one of the few CMS-certified Phase 3 EDEs available in the market.
“Joining forces with Enhance Health is an exciting opportunity to drive meaningful change in the healthcare industry,” said Asad Shamim, Founder and Managing Partner of JET Health Solutions. “Together, we are well-positioned to revolutionize the enrollment process and improve healthcare access for individuals and families across the nation.”
With partners such as Microsoft, Xamarin, Mulesoft, and IBM, JET Health has successfully equipped healthcare payers and providers with cutting-edge tools to excel in the ever-evolving healthcare marketplace.
“Integrating an EDE into our technology stack solidifies Enhance as the leader in the digital health insurance space,” said Jeff Tang, CIO of Enhance Health. “Fully integrated with our CRM and other agent systems, this platform will fundamentally change the way we interact with our members through streamlined agent workflows, actionable data, and enhanced data security.”