SHPS - An Experienced Benefits Administrator
SHPS is one of the country’s largest independent providers of employee benefits programs and benefits administration. We work with some of the most complex organizations in the country including Fortune 100, 500 and 1000 companies, state governments, federal agencies, hospitals, universities, employee trusts and health plans.
As a national, one-stop source of benefits administration services, we function as an extension of each organization’s benefits department. Through innovative solutions and our vast industry knowledge, we streamline the benefits process, improving efficiency, increasing compliance, reducing spending and improving the workload for an organization’s benefits staff.
We’re meticulous, accurate and reliable. We’re also natural problem solvers and work proactively to make sure our clients always deliver a quality benefits program to their employees.
Our corporate headquarters is located in Louisville, Kentucky but we also have offices in Minneapolis, Minnesota and Philadelphia, Pennsylvania.
What Does SHPS Stand For?
We get asked this a lot. The short answer is Sykes Health Plan Services. Back in 1997, our company was formed by a joint venture between two companies: Sykes Enterprises and Health Plan Services. To create new entity’s name, the names of the two companies were combined. The new name was shortened to an acronym and pronounced “ships.”
In 2000, Welsh, Carson, Anderson & Stowe purchased SHPS. Recognizing the positive feelings that our clients had towards the existing SHPS name, Welsh, Carson, Anderson & Stowe decided to “keep the name.”