November 12, 2008
First Horizon Msaver and TSYS Healthcare to Lead Panel At HSA Symposium
OVERLAND PARK, Kan., Nov. 12, 2008 (GLOBE NEWSWIRE) -- E. Craig Keohan, president of First Horizon Msaver, Inc., and Mark O'Leary, senior vice president of business development for TSYS Healthcare, are scheduled to lead a panel at the upcoming Health Savings Account Symposium in Miami, Fla., on Nov. 13. Their discussion will focus on the "green" benefits, both financial and environmental, of implementing card-based healthcare programs.
"Seeking increased efficiencies and being environmentally responsible are among some of the top subject matters within the consumer-driven healthcare industry," said Keohan. "Having the opportunity to share our best practices with industry leaders attending the HSA Symposium will hopefully invoke further discussion around these topics."
First Horizon Msaver partnered with the Healthcare Division of TSYS in 2007 to offer a multi-purse healthcare and benefits payment card. It is a product that enables the integration of debit, prepaid, credit transactions and cash on a single card.
"I am happy to chair this conference and participate with First Horizon Msaver on the panel," said O' Leary, who is serving as conference chair. "As partners, we both enjoy the thought-provoking discussions with decision makers who are looking at card and payment processing innovations for their business."
About First Horizon Msaver
First Horizon Msaver, Inc. is one of the nation's premier Health Savings Account (HSA) financial administrators, serving thousands of employer groups, insurance agents, consultants, affinity associations and consumers nationwide. First-to-market with MSA administration in 1997, and later with HSA administration in 2003, First Horizon Msaver continues to leverage its long-standing market experience, expertise and innovative technologies to set the standard for healthcare financial products within the consumer-driven health care industry.
First Horizon Msaver has been recognized by the industry for its commitment to product innovation and for its executive leadership. In 2007, the company received the CDHC Award for Most Innovative CDHC Product in the custodial bank category and the CEO Leadership Award for Msaver President E. Craig Keohan. Most recently, First Horizon Msaver was awarded Best CDHC Card Program by Paybefore Awards.
First Horizon Msaver is headquartered in Overland Park, Kan., with 12 regional sales offices located throughout the United States. For more information, visit www.firsthorizonmsaver.com.
About TSYS Healthcare
TSYS Healthcare, based in Minneapolis, Minn., was created as a division of TSYS in 2007 to provide end-to-end solutions tailored to the emerging market of consumer-directed healthcare. TSYS Healthcare is a founding member of the Special Interest Group for IIAS Standards (SIGIS), formed in 2007 to enable real-time, auto-substantiation for eligible medical items purchased with a FSA/HRA payment card. The division provides financial institutions, insurers, participants and third-party administrators (TPAs) with the expertise and support to navigate all aspects of health savings accounts (HSAs), health reimbursement accounts (HRAs), flexible spending accounts (FSAs) and lines of credit. Its new processing model enables consumers to use a single card to access their healthcare dollars.
TSYS (NYSE:TSS) is one of the world's largest companies for outsourced payment services, offering a broad range of issuer- and acquirer-processing technologies that support consumer-finance, credit, debit, healthcare, loyalty and prepaid services for financial institutions and retail companies in the Americas, EMEA and Asia-Pacific regions. For more information contact [email protected] or log on to www.tsys.com.
This news release was distributed by GlobeNewswire, www.globenewswire.com
CONTACT: First Horizon Msaver Anne Richter 913-317-2021 First Horizon National Corporation Media Relations Anthony Hicks 901-523-4726