Fiserv Acquisition Provides HSA Solution

January 9, 2006 ( - Fiserv, Inc. has announced its acquisition of CareGain, Inc. which will provide a solution to help institutions manage their consumer-directed health plans (CDHPs) and related health care savings accounts (HSAs).

CareGain offers an integrated approach to administering consumer-directed health care accounts such as HSAs, flexible spending accounts (FSAs) and health reimbursement accounts (HRAs), according to the announcement.  CareGain’s DefinedCare Platform enables health plans to address multiple areas of cost containment through the use of information technologies and applications, and can be integrated into existing systems.

In addition, the solution provides connectivity to online disease management and cost comparison tools, pharmacy benefit managers and multiple financial services.    The company’s platform enables sophisticated plan designs through the use of multiple account structures. 

Fiserv, Inc. provides information management systems and services to the financial and health benefits industries, including transaction processing, outsourcing, business process outsourcing and software and systems solutions. The company’s Web site is .

More about CareGain can be found at .