Seasoned Healthcare Finance Executive Joins Transformational Payor SaaS Platform
BURLINGTON, Mass.–(BUSINESS WIRE)–HealthEdge Software, Inc.® (“HealthEdge”), a leading provider of next-generation technology for healthcare payors and plan administrators across core administrative processing systems, payment integrity, and care management, announced today the addition of Matt McLaughlin as the company’s new Chief Financial Officer (CFO). HealthEdge is the health insurance industry’s first digital nervous system that provides automation and seamless connectivity between all aspects of a payor’s administrative and clinical systems.
McLaughlin will succeed Matt Hughes, whose nearly 15-year tenure included HealthEdge’s sale to The Blackstone Group and strategic additions to the company’s product portfolio of The Burgess Group and Altruista Health. Hughes will remain at HealthEdge through mid-May to assist with the transition.
As CFO, McLaughlin will spearhead HealthEdge’s finance, accounting and tax organizations, and corporate development based on his extensive prior experience in similar leadership roles. McLaughlin most recently served as CFO of publicly traded Oxford Immunotec Global PLC, a leading infectious disease diagnostics company. While at Oxford Immunotec, he strategically repositioned the company, resulting in significant growth and ultimately a successful sale to PerkinElmer, Inc. in early 2021.
McLaughlin held several senior finance positions at the General Electric Company across nearly two decades, including as CFO for the North American division of GE Healthcare. In this role, he was responsible for driving top-line growth and margin expansion across the largest segment of GE Healthcare’s $19 billion business. McLaughlin earned his Bachelor of Science in Business Administration from Northeastern University.
“The digitization of healthcare and HealthEdge’s innovative and comprehensive product offerings for payors make HealthEdge an exciting place to be,” said Matt McLaughlin. “I look forward to joining the deep and experienced management team and to further expanding the platform.”
Added Steve Krupa, CEO of HealthEdge, “We are fortunate to have Matt McLaughlin onboard to drive strategic financial initiatives as we usher in a new chapter of rapid growth at HealthEdge.”
HealthEdge provides modern, disruptive healthcare IT solutions that health insurers use to leverage new business models, improve outcomes, drastically reduce administrative costs, and connect everyone in the healthcare delivery cycle. Its next-generation enterprise solution suite is built on modern, patented technology and is delivered to customers via the HealthEdge Cloud or onsite deployment. In 2020, HealthEdge was acquired by Blackstone. HealthEdge, along with its portfolio of mission-critical technology assets for payors including The Burgess Group and Altruista Health, are collectively driving a digital transformation in healthcare. Follow HealthEdge, on Twitter or on LinkedIn.