Citi and Maxim Health Systems Team Up to Provide Innovative Flu Care Payment Solutions
New York, NY - June 19, 2012 – Maxim Health Systems (MHS) is now a certified distributor of the Citi Flu CareSM card, an innovative health care payment solution. The Citi Flu Care card can be used in convenient locations for flu vaccinations at more than 25,000 pharmacies and clinics nationwide. The card provides organizations with a cost-effective method for delivering vaccination services to their health care beneficiaries.
"We are pleased with our collaboration with Maxim Health Systems this past flu season to distribute a payment solution that provides cost savings for companies and offers a convenient low cost alternative for employees, and other adult beneficiaries," said John Kohari, Citi’s Global Head for Prepaid Cards. "The flexibility of this new solution is a way to drive efficiency in areas where traditional health care and retail health services meet."
MHS, a division of Maxim Health care Services, provides quality health care services in 44 states. MHS’s vaccine program administered more than 12 million immunizations over the last five years. Maxim’s national customer base needed an enhanced solution to provide convenient access to employees and members of the corporations and health plans it serves. After partnering with Citi, Maxim’s clients were able to make flu shots available to all individuals in every market they serve with zero out-of-pocket expense.
"Our relationship with Citi helped offer our clients a health care benefit that is effective, flexible and economical," said Steve Pellito, Director of Wellness for Maxim Health Systems. "We now have an enhanced solution to provide flu shots for 100 percent of the population we serve, including people who live and work in remote locations."
Based on industry research, the Citi Flu Care card is the first flu shot payment product that does not require prefunding. In addition, Citi uses patent-pending technology to ensure that only flu vaccinations can be purchased. This breakthrough capability both eliminates the need for prepayment and gives employers greater funding control and overall health care cost reduction.
Citi Prepaid Services, a division of Citi Transaction Services, is a leading provider of innovative corporate prepaid solutions. Through a consultative approach, Citi Prepaid provides clients with comprehensive electronic payment programs that reduce costs, enhance operational efficiencies and provide an unmatched user experience. Leveraging an extensive payment platform and proprietary prepaid technology, clients around the world depend on Citi Prepaid’s custom programs for all types of payments including compensation, promotions and disbursements. www.citiprepaid.com.
Transaction Services, a division of Citi’s Institutional Clients Group, offers integrated cash management, trade, and securities and fund services to multinational corporations, financial institutions and public sector organizations around the world. With a network that spans more than 95 countries, Citi’s Transaction Services supports over 65,000 clients. As of the first quarter of 2012, it held on average $377 billion in liability balances and $13 trillion in assets under custody.
Citi, the leading global bank, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management.
Additional information may be found at www.citigroup.com | Twitter: @Citi | YouTube: www.youtube.com/citi | Blog: http://new.citi.com | Facebook: www.facebook.com/citi | LinkedIn: www.linkedin.com/company/citi
About Maxim Health Systems
Established in 1996, Maxim Health Systems offers a full line of comprehensive wellness services to various market segments. Our client base consists of corporate employer groups, health plans, retailers, schools, senior living facilities, and physician offices. We provide a variety of services including immunizations, health screenings, and educational wellness programs. Our flu immunization program has resulted in the administration of more than 12 million immunizations in the last five years alone.
Please visit www.maximhealthcare.com/services/flu-wellness.aspx for more information.