Health Payment Systems: Stockhausen to lead technology at Health Payment Systems

For more information contact: Cindi Dowdy [email protected] (414) 459-3361

MILWAUKEE (March 5, 2012) – Health Payment Systems has hired Peter Stockhausen as executive vice president of technology to support the rapidly-growing company. Stockhausen will provide strategic leadership and oversee the development of the technology to support HPS’ patented Prompt Payment System.

“HPS is committed to eliminating waste and inefficiencies in the complex and confusing health care payment process,” said Jay Fulkerson, HPS president and chief executive officer. “Strong technological capabilities allow us to excel at that. Peter’s expertise and focus will allow us to deliver even more value to our customers, partners and stakeholders.”

Prior to HPS, Stockhausen was the president/CEO of Silver Bullet Consultants, LLC. He brings more than three decades of experience of providing strategic IT solutions, with a focus on business process improvement and the usability of technology.

Stockhausen received a B.A. in mathematics from Marquette University and an M.S. in applied mathematics from Stevens Institute of Technology. He has served on advisory boards for Marquette University and Northwestern University. He is a past president of the Wisconsin chapter of the Society for Information Management. Stockhausen was twice ranked among the top 100 Chief Information Officers by CIO magazine.

Health Payment Systems reduces the cost of health care administration while making the healthcare payment experience easier for consumers to understand. The company’s provider network includes more than 6,500 healthcare practitioners in Wisconsin. HPS enrolls more than 55,000 patient members and has 50 employees.