AdminaHealth
AdminaHealth is a private SaaS company that provides a patented cloud platform automating group employee benefits billing—invoice consolidation, reconciliation, and payment management—for brokers, carriers, TPAs, employers, and benefits technology partners.
- Company typePrivate
- Founded2016
- HeadquartersOld Greenwich, United States
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What AdminaHealth does
AdminaHealth, a wholly owned subsidiary of Salus Finance, LLC, operates a cloud-based SaaS platform called the AdminaHealth Billing Suite that automates group employee benefits billing—specifically invoice consolidation, reconciliation between enrollment, payroll, and carrier invoice data, and electronic payment management. Built on AWS infrastructure using .NET and Angular, the platform's core reconciliation methodology is protected by U.S. Patent No. 11,410,246 B2 (with international patents pending), and the platform holds HITRUST CSF and NIST Cybersecurity Framework certifications supporting HIPAA-compliant handling of healthcare-grade data. The company is headquartered in Greenwich, Connecticut, has 11-50 employees, was founded in 2014 (originally as Salus Finance), launched AdminaHealth as a subsidiary in 2016, and relaunched on the current flexible SaaS platform in 2018.
The product is delivered in three core modules—Invoice Reconciliation, Payroll Reconciliation, and Bill Consolidation—with two add-on modules (Service Provider Payments for electronic premium collection and disbursement, and Multi-Entity Billing for subconsolidated invoicing) and a premium Signature Services tier for white-glove support. Documented customer outcomes include 25-30 hours saved per client team per month, plus identified annual savings ranging from $91,476 to $420,000 per account from billing error and premium-leakage discovery across employers of 890-2,800 plan participants.
AdminaHealth monetizes through monthly subscription fees across a three-tier offering (Core Modules, Add-Ons, Signature Services), with custom quote-based pricing that varies by group size and complexity (no minimum group size, but a minimum monthly fee per group). Go-to-market combines direct enterprise sales with heavy channel leverage through benefits brokers, TPAs, and technology platform partners: the platform is trusted by 7 of the top 10 U.S. brokerages and reports integration partnerships with Dayforce (Certified Integration Partner), WLT Software, primeBENEFITS, Decisely, and Employee Navigator, with white-label and reseller options available. The company cites a 99% client retention rate, a +70 NPS, and multiple industry recognitions (Top 10 HR Technology Solution Provider 2023 by Insights Success, Top 10 Billing & Invoicing Solution 2022, Top 25 HR Tech Provider 2020, Top 10 InsureTech 2019).
AdminaHealth firmographics
Firmographics- Name
- AdminaHealth
- Legal name
- Salus Finance, LLC
- Website
- https://adminahealth.com
- Company type
- Private
- Founded year
- 2016
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- AdminaHealth is a private SaaS company that provides a patented cloud platform automating group employee benefits billing—invoice consolidation, reconciliation, and payment management—for brokers, carriers, TPAs, employers, and benefits technology partners.
- Ownership category
- akta.pro rank
AdminaHealth industry classification
Industry- Product category
- Benefits Billing Software
- NAICS
- Pharmacy Benefit Management and Other Third Party Administration of Insurance and Pension Funds (524292), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518)
- SIC
- Services-Prepackaged Software (7372), Hospital & Medical Service Plans (6324)
- akta.pro primary industry
- Benefits Administration (BPACAPAC)
- akta.pro secondary industries
- Eligibility, Enrollment & Benefits Administration (HLAEALAH), Bill Pay, Invoicing & Payables Platforms (BPAMAFAF), Payroll Software & Payroll-as-a-Service (SaaS) (BPACAIAB)
Keywords
Where AdminaHealth is headquartered
LocationHeadquarters
- HQ city
- Old Greenwich
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
AdminaHealth business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure
Revenue model
- SaaS Platform Subscription: Subscription-based SaaS platform access with pricing varying by group size and complexity. No minimum group size but minimum monthly fee per group. All clients paired with dedicated Relationship Manager for ongoing support.
- Service Add-Ons: Optional premium support services including carrier bill retrieval, rate verification, and benefits administration services under Signature Services tier.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Core Modules - Invoice Reconciliation, Payroll Reconciliation, Bill Consolidation |
| Subscription | Monthly | Add-Ons - Payments, Subconsolidation |
| Subscription | Monthly | Signature Services - Premium White Glove Support |
Go-to-market motion2 records
Distribution channels5 records
Marketing channels6 records
AdminaHealth product offering
Product offeringCore offering
AdminaHealth provides a cloud-based SaaS platform, the AdminaHealth Billing Suite, that automates invoice consolidation, reconciliation, and payment management for group employee benefits. The platform reconciles enrollment, payroll, and carrier invoice data to identify and correct billing discrepancies before they cause premium leakage, and is sold to benefits brokers, employers, TPAs, carriers, and benefits administration platforms across the United States.
Product overview
AdminaHealth offers the AdminaHealth Billing Suite®, a unified cloud-based SaaS platform for group employee benefits billing and payment administration. The core platform consists of three integrated modules: Invoice Reconciliation, Payroll Reconciliation, and Bill Consolidation, which work together to automate the reconciliation of enrollment, payroll, and carrier invoice data. The platform is offered across three service tiers with Core Modules as the foundation, and add-ons including Payments (electronic payment processing), Subconsolidation (multi-entity billing), and Signature Services (white-glove support). The AdminaHealth Billing Suite supports all employer-sponsored (ERISA) plans and voluntary/worksite benefit plans, and is protected by US Patent No. US 11,410,246 B2 with international patents pending.
Differentiator
Problem solved
Functional benefit
Products and services
- AdminaHealth Billing Suite
- Service Provider Payments (Electronic Payments)
- Multi-Entity Billing (Subconsolidation)
- Signature Services
- Benefits Billing Error Exposure Assessment
Quantifiable outcome
- $91,476 total savings discovered during implementation for Food Services company (1,037 participants) by catching duplicate dental enrollment
- +6 more outcomes
Companies that use AdminaHealth
Customer profileNamed customers7 records
Segments5 records
Ideal customer profiles5 records
AdminaHealth technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration1 record
Feature4 records
AdminaHealth partnerships and signals
Strategic signalPartnerships
Eleven partnerships are on record, tiered core and minor.
- WLT SoftwarecoreStrategic partnership to strengthen benefits billing administration for TPAs. WLT Software partners integrate AdminaHealth's billing reconciliation and payment capabilities into their technology ecosystem.
- primeBENEFITScorePartnership to deliver a complete benefits ecosystem combining AdminaHealth's billing capabilities with primeBENEFITS services for comprehensive benefits administration.
- DeciselycorePartnership to eliminate insurance billing errors for multi-location franchise owners. Joint go-to-market targeting franchise organizations with complex billing needs.
- DayforcecoreCertified Integration Partner. Dayforce provides integration marketplace listing and certified badge. AdminaHealth Billing Suite accessible via Dayforce exchange. Dayforce also uses AdminaHealth internally for their own benefits billing.
- SIIA (Software & Information Industry Association)minorProud member of SIIA, the principal trade association for the software and digital content industries.
- SHRM (Society for Human Resource Management)minorProud member of SHRM, the leading professional association for HR professionals.
- HCAA (Health Care Administration Institute)minorProud member of HCAA, the national trade association for Third Party Administrators.
- CT Technology CouncilminorProud member of Connecticut Technology Council, supporting technology companies in the state.
- Greenwich Chamber of CommerceminorProud member supporting Greenwich, CT business community.
- Stamford Chamber of CommerceminorProud member supporting Stamford, CT business community.
- VCIA (VermontCaptive Insurance Association)minorProud member supporting captive insurance industry through VCIA.
Scale indicators4 records
Recent moves8 records
Expansion highlights5 records
AdminaHealth competitors and assessment
Company assessmentBroad incumbents
- UKG (Ultimate Kronos Group): UKG provides HCM, payroll, and benefits administration software for mid-market and enterprise employers. Its benefits admin and payroll modules overlap with AdminaHealth's reconciliation scope, positioning it as a broad incumbent peer.
- Workday: Workday is a broad HCM and finance incumbent that includes benefits administration and payroll capabilities. It competes indirectly with AdminaHealth at the enterprise level by potentially absorbing benefits billing into its platform.
- Dayforce: Dayforce is a certified integration partner and customer of AdminaHealth, but as a major HCM platform with benefits administration capabilities, it represents a broad incumbent whose in-house roadmap could compete with AdminaHealth.
- ADP: ADP is a global payroll and HR services incumbent offering benefits administration and billing as part of its broader HCM portfolio. It competes with AdminaHealth for HR-driven benefits billing decisions at large employers.
Direct peers
- Benefitfocus: Benefitfocus is a benefits administration platform offering enrollment, billing, and reconciliation for employers and carriers. It is directly comparable to AdminaHealth in addressing multi-carrier benefits billing complexity for enterprise customers.
- bswift: bswift provides cloud-based benefits administration software, including billing and reconciliation workflows for employers and brokers. It competes directly with AdminaHealth in benefits billing automation and serves a similar broker-led customer base.
- PlanSource: PlanSource provides a benefits administration and billing platform serving employers, brokers, and carriers. Its scope of multi-carrier billing automation and reconciliation overlaps materially with AdminaHealth's Billing Suite.
- Empyrean Benefit Solutions: Empyrean offers benefits administration and billing services to employers and brokers, including consolidated billing and reconciliation. Its service overlap with AdminaHealth's Billing Suite makes it a directly comparable peer in the TPA/broker channel.
- WLT Software: WLT Software provides benefits administration and billing technology for TPAs and insurers. It is a named strategic partner of AdminaHealth but also operates in the same TPA billing-reconciliation space, making it a directly comparable peer.
Emerging players
- Employee Navigator: Employee Navigator is a benefits administration and HR platform for brokers and small-to-mid employers. It is a marketplace partner of AdminaHealth but overlaps in benefits enrollment and billing workflows, making it an emerging peer in the broker channel.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
AdminaHealth social profiles
Digital presenceAdminaHealth compliance and trust
Trust signalCompliance2 records
AdminaHealth financial estimates
Financial estimateRevenue estimate
Valuation estimate
AdminaHealth leadership team
Management profileNumber of profiles
Profiles5 records
AdminaHealth funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
AdminaHealth M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about AdminaHealth
What does AdminaHealth do?
AdminaHealth provides a cloud-based SaaS platform, the AdminaHealth Billing Suite, that automates invoice consolidation, reconciliation, and payment management for group employee benefits. The platform reconciles enrollment, payroll, and carrier invoice data to identify and correct billing discrepancies before they cause premium leakage, and is sold to benefits brokers, employers, TPAs, carriers, and benefits administration platforms across the United States.
Is AdminaHealth a public or private company?
AdminaHealth is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was AdminaHealth founded?
AdminaHealth was founded in 2016. It employs 11 to 50 people.
Where is AdminaHealth based?
AdminaHealth is headquartered in Old Greenwich, United States, in the North America region.
How does AdminaHealth make money?
Two revenue lines are on record. SaaS Platform Subscription is the primary driver. The others are service Add-Ons.
Who are AdminaHealth's main competitors?
Broad incumbents on record are UKG (Ultimate Kronos Group), Workday, Dayforce and ADP. Direct peers are Benefitfocus, bswift, PlanSource, Empyrean Benefit Solutions and WLT Software. Employee Navigator is listed as an emerging player.
Does AdminaHealth have an API?
No public API is recorded for AdminaHealth.
What industry is AdminaHealth in?
AdminaHealth's product category is Benefits Billing Software. Its primary akta.pro industry code is BPACAPAC, Benefits Administration, with a secondary code of HLAEALAH, Eligibility, Enrollment & Benefits Administration. Its NAICS code is 524292 and its SIC code is 7372.