Welcome to our dedicated page for Health In Tech news (Ticker: HIT), a resource for investors and traders seeking the latest updates and insights on Health In Tech stock.
Health In Tech, Inc. (Nasdaq: HIT) is an InsurTech platform company in the software-application segment of the technology sector. The company’s news flow centers on its AI-enabled marketplace for healthcare and insurance, its self-funded plan technology, and its role in applying automation and emerging technologies to underwriting, quoting, and claims-related workflows.
News about Health In Tech frequently covers developments in its AI-backed platform, including tools that streamline the underwriting, sales, and service processes for insurance companies, licensed brokers, and TPAs. The company highlights an AI-powered platform that offers more than 100 customized healthcare plan designs and supports bindable stop-loss healthcare plan quotes for employers in minutes, as well as its Enhanced Do-It-Yourself Benefit System (eDIYBS) for small, mid-sized, and larger employer groups.
Investors and industry observers can also expect coverage of Health In Tech’s strategic initiatives, such as its exploration of HITChain, a blockchain-enabled healthcare insurance claims processing concept built on The Open Network (TON), and AskTim, its AI-powered benefits counselor. Press releases discuss partnerships, non-binding letters of intent, and efforts to address inefficiency, fraud, and opacity in healthcare claims administration through decentralized, verifiable infrastructure.
Corporate updates in the HIT news stream include quarterly financial results, distribution and enrollment metrics, voluntary lock-up extensions by executives and directors, equity incentive plan changes, and executive appointments or departures. In addition, Health In Tech issues news about its role as a convenor at events like its independent InsurTech summit in Davos, which brings together political leaders, CEOs, and cultural figures to discuss AI, governance, and institutional trust in healthcare and insurance. For readers following HIT, this news page provides a centralized view of operational milestones, technology initiatives, governance actions, and ecosystem expansion.
Health In Tech (Nasdaq: HIT) has announced significant executive appointments to strengthen its leadership team and drive growth in the self-funded healthcare industry. The company has named Dustin Plantholt as Chief Growth Officer, succeeding Glenn Hillyer who becomes SVP of Sales Partner Relations. Chris Kurtenbach, previously SVP of Operations, has been promoted to Chief Operating Officer.
Additionally, (Jonathan) Del Lockett transitions from COO to Chief Strategy Officer, focusing on business development and SaaS innovation. Jenni Guerrica, former VP of Information Security & Compliance, has been elevated to Chief Information Security Officer. These appointments, effective March 2025, are aimed at enhancing the company's operational capabilities, scaling technology solutions, and reinforcing its position as an industry disruptor.
Health In Tech (NASDAQ: HIT) has scheduled the release of its fourth quarter and full year 2024 financial results on Monday, March 17, 2025, after market close. The Insurtech platform company will host a conference call and live webcast at 5:00 p.m. ET on the same day to discuss financial performance, recent developments, and business outlook.
Participants can join via toll-free number (1-888-346-8982), international dial-in (1-412-902-4272), or Hong Kong numbers. A webcast replay will be available on the company's investor relations website for approximately 90 days following the call.
Health In Tech (Nasdaq: HIT) announces its participation in the 2025 HCAA Executive Forum at the Bellagio, Las Vegas, from February 10-12, 2025. The company will showcase its Enhanced Do It Yourself Benefits System (eDIYBS), a proprietary SaaS platform for self-funded health plans.
The eDIYBS platform streamlines the quoting process for brokers, groups, and TPAs, enabling users to quote 12 plans with four tiers while customizing plan return options and selecting networks and plan designs in minutes. The platform also offers access to ManhattanLife's ancillary coverage options, including Critical Illness, Cancer Voluntary Coverage, Accident Indemnity Plus, Dental, Vision, Term Life, and GAP Coverage.
Key executives attending include Glen Hillyer (Chief Growth Officer), Del Lockett (Chief Operating Officer), and Chris Kurtenbach (Senior Vice President of Operations), who will discuss how eDIYBS can enhance health plan options and simplify self-funding for clients.
Health In Tech has announced a strategic collaboration with Vitable and MARPAI to launch a competitively priced self-funded health plan. The partnership combines Vitable's Direct Primary Care (DPC) model with MARPAI's self-funded health plans, integrated through Health In Tech's eDIYBS platform.
Vitable's enhanced primary care plan offers both in-person and virtual primary care access, mental health programs, free prescription drugs, lab work, and care navigation for households under a low monthly fee with $0 out-of-pocket costs. The collaboration aims to leverage Vitable's cost containment capabilities, which have been validated by third-party actuarial firms and reinsurance carriers.
The new offering is immediately available through Health In Tech's eDIYBS platform, targeting improved healthcare accessibility and cost reduction while maintaining high member satisfaction rates.
Health In Tech (Nasdaq: HIT), an AI-backed Insurtech platform company, has announced its participation in The Microcap Conference 2025, scheduled for January 28-30, 2025, at the Borgata Hotel Spa & Casino in Atlantic City, New Jersey. The company's management team will present their corporate strategy and hold one-on-one meetings with institutional and individual investors to discuss recent developments and growth plans.
Health In Tech (Nasdaq: HIT), an AI-powered Insurtech platform company, has announced its participation in The Microcap Conference 2025. The event will be held from January 28-30, 2025, at the Borgata Hotel Spa & Casino in Atlantic City, New Jersey. The company's management team will present their corporate strategy and conduct one-on-one meetings with institutional and individual investors to discuss recent developments and growth plans.
Health In Tech has successfully completed its Initial Public Offering (IPO), selling 2,300,000 shares of Class A common stock at $4.00 per share, raising gross proceeds of $9,200,000. The company granted the underwriter a 30-day option to purchase an additional 345,000 shares, potentially increasing total gross proceeds to $10,580,000.
The net proceeds will be utilized for system enhancements, expansion of service offerings, sales and distribution channels, talent development and retention, working capital, and general corporate purposes. American Trust Investment Services acted as the sole book-running manager for the offering, which was conducted through a Form S-1 registration statement that became effective on December 19, 2024.
Health In Tech, an Insurtech platform company, has announced the pricing of its initial public offering (IPO) of 2,300,000 shares of Class A common stock at $4.00 per share. The company will begin trading on the Nasdaq Capital Market on December 23, 2024, under the ticker symbol HIT. The underwriter has a 30-day option to purchase up to 345,000 additional shares.
The IPO is expected to close on December 24, 2024. The company plans to use the proceeds for system enhancements, service offerings expansion, sales and distribution channels growth, talent development, and working capital. American Trust Investment Services is serving as the sole book-running manager for the offering.