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BUSINESS PRODUCTS & SERVICES | HR & Staffing
payflex.com

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Founded Year

1997

Stage

Acquired | Acquired

Total Raised

$50.2M

Valuation

$0000 

Revenue

$0000 

About PayFlex Systems USA

PayFlex Holdings, dba PayFlex Systems USA, provides employee benefits administration products and services, such as flexible spending and health savings accounts.

PayFlex Systems USA Headquarter Location

10802 Farnam Drive Suite 100

Omaha, Nebraska, 68154,

United States

Latest PayFlex Systems USA News

Vive Announces Mark Huber as Strategic Advisor

Nov 4, 2021

Pioneer in healthcare payment solutions to champion Vive’s market expansion Vive announced that Mark Huber, the founder of PayFlex Systems, will serve as strategic advisor to the company. Huber, who is also an investor in Vive, brings his expertise in health savings vehicles to fuel company growth. “More than half of all Americans don’t have the financial resources to cover the deductible and out-of-pocket costs of high deductible health plans (HDHP)” “Mark shares our conviction that no one should have to sacrifice their health because they can’t afford care,” said Tamara StClaire, Vive CEO. “Having Mark’s endorsement in Vive as the solution to bridge the gap between health and financial well-being will enable us to catalyze our growth, protecting more people and the companies that employ them.” A visionary leader, Huber founded PayFlex Systems USA, Inc. to administer and optimize consumer-directed health accounts including health savings accounts, health reimbursement arrangements, flexible spending accounts, etc. He served as Chairman until the sale of PayFlex to Aetna in 2011. “More than half of all Americans don’t have the financial resources to cover the deductible and out-of-pocket costs of high deductible health plans (HDHP),” Huber said. “Vive solves the HDHP problem by pairing a health savings account with a 0% interest credit line, removing the barriers to care and providing relief from financial stress.” In addition to PayFlex, Huber helmed a number of other companies through successful acquisition. He served as CEO of Smeal Fire Apparatus Co. and founder and CEO of Corporate Ventures, Inc. For the Diabetes Supply Center of the Midlands, Huber served as chairman for 28 years, providing strategic direction from its founding through sale to AdaptHealth in 2020. Huber has served on not-for-profit boards throughout his career including Creighton University and Children’s Physicians. He is currently an American National Bank board member and serves as chair of the Asset Quality Committee.

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