HealthCare 21 announces a new company in a joint venture with Edfinancial

For Immediate Release

Contact: Jerry Burgess, 865-659-0522

Knoxville, TN, February 13, 2012 - HealthCare 21 Business Coalition (HC21), a non-profit organization committed to improving healthcare quality and cost in Tennessee and surrounding regions, has created a new company, HC21 Solutions, LLC, in a joint venture with Edfinancial Services, a leading national servicer of educational loans. HC21, representing more than 90 corporate members, and Edfinancial have combined resources to offer quality services for purchasers of healthcare benefits. 

"The new paradigm in the healthcare benefit market makes close cooperation a necessity for corporations, providers and consumers. HC21 Solutions, LLC provides high quality, customized products and services focused on maximizing the value of the dollar spent on the management of healthcare benefits," said HC21's Chief Executive Officer Jerry Burgess. "Edfinancial offers over 20 years of experience in third party servicing, scalable technology and a strong balance sheet to this venture. By joining forces with Edfinancial, HC21 Solutions will further realize its commitment to improving the healthcare purchasing process."

"Edfinancial is pleased to offer its Knoxville based servicing center to support HC21 Solutions programs," said Tony Hollin, Chief Executive Officer of Edfinancial. "Since our company's inception we worked very closely with non-profit organizations and understand their needs and challenges. With over 15 years in the healthcare market and well established relationships, HC21 provides a great platform for Edfinancial to expand into the healthcare benefits market."

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About HC21
HealthCare 21 Business Coalition (HC21) is a non-profit, member driven organization committed to improving the quality and cost of healthcare in Tennessee and the surrounding region. HC21 Solutions, LLC provides tools that enable clients to better understand and manage healthcare costs through data integration and analysis, risk identification, effective health risk coaching tools and a management mentoring program.  To learn more, please visit www.hc21.org  and www.hc21solutions.com.

About Edfinancial Services
Edfinancial Services is a private company headquartered in Knoxville, TN with satellite servicing centers in Little Rock, AR and Jacksonville, FL. Servicing student loans nationwide, Edfinancial Services administers student loan volume of approximately $8 billion.  Additional information is available at www.edfinancial.com