Tango Health, a Benefitfocus Company Strengths, Domain Expertise, and Key Differentiators
Tango helps enterprises manage ACA compliance and optimize health benefits. To assist employees in selecting an ideal healthcare plan, Texas-based Tango Health offers their Tango Decision Assist software powered by artificial intelligence (AI), machine learning (ML), and data analytics. With innovative services and technology Tango optimizes healthcare benefits across the employee base, helping employees make the most effective decisions regarding benefits and creating hard dollar savings for employers. Our Healthcare Benefits Optimization suite includes online comparisons, employee education, live customer service experts, and a patented mobile platform to help employees make smart plan choices and keep them engaged year-round. Tango’s Benefits Optimization Suite boosts employee confidence in smart healthcare choices and measurably bends the cost curve to keep employer benefits sustainable
Tango Health, a Benefitfocus Company Recent Developments
Tango Health has announced a new free version of its decision support software, Tango Decision Assist™ Standard. This offering is designed to help organizations provide personalized guidance for their employees to quickly choose the best health plan for their needs. The Standard option was added to the existing tiers, Pro and Pro Plus, which have supported more than 500,000 employees from medium to Fortune 50 companies.
Tango Health, a Benefitfocus Company Mergers and acquisitions (M&A) Activities
WageWorks acquired Tango Health’s Health Savings Account (HSA) business. Their partnership offers a combined best-in-class solution for customers needing decision support, benefits communications, and consumer-directed account administration. In addition to HSA administration, Tango Health provided software and services to help enterprises achieve, maintain and report on ACA compliance, as well as decision support tools to ensure that employees are choosing the most appropriate health coverage. WageWorks and Tango Health have also established a channel partnership in support of these services.
Tango Health, a Benefitfocus Company Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Tango Health, a Benefitfocus Company applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of Tango Health, a Benefitfocus Company and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified Tango Decision Assist customers.
Tango Health, a Benefitfocus Company Overview
Ownership: - x
Number of Employees: 80
Key Verticals: Aerospace and Defense, Automotive, Banking and Financial Services, Communication, Construction, Real Estate, Consumer Packaged Goods, Distribution, K528, Higher Education, Federal Government, State and Local Government, Public Safety, Healthcare, Life Insurance, P&C Insurance, Specialty Insurance, Leisure and Recreation, Hospitality, Life Sciences, Manufacturing, Media, Faith-Based Nonprofit, Youth and Elderly Care, Special Cause Nonprofit, Oil and Gas, Chemicals, Professional Services, Retail, Transportation, Utilities,
Tango Health, a Benefitfocus Company Key Cloud and HCM Applications
Tango Decision Assist
Tango Health, a Benefitfocus Company HCM and Cloud HCM Applications Revenues, $M:
|Type/Year||2020||2021||YoY Growth, %|
|Total Revenues, $M||Subscribe||Subscribe||Subscribe|
|HCM Applications Revenues, $M||Subscribe||Subscribe||Subscribe|
|Cloud HCM Applications Revenues, $M||Subscribe||Subscribe||Subscribe|
* HCM Applications Revenues = License + Support & Maintenance + SaaS ( Hardware and Prof. Services are Excluded )
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.
Tango Health, a Benefitfocus Company Revenue Breakdown by Type:
|Type||License||Prof. Services||Hardware||Support & Maintenance||SaaS||PaaS||IaaS||Other (Non Enterprise Application Revenues)||Total|
|% of Total Revenues||Subscribe||Subscribe||Subscribe||Subscribe||Subscribe||Subscribe||Subscribe||Subscribe||100%|
Tango Health, a Benefitfocus Company HCM Applications Revenues By Sub-Functional Markets, $M:
Split by Sub-Functional Markets
2021 HCM Revenues, By Sub-Functional Markets, $M
Tango Health, a Benefitfocus Company HCM Applications Revenues By Verticals, $M:
Tango Health, a Benefitfocus Company Total and HCM Applications Revenues by Region:
|Region||% of Total Revenues||2021 Total Revenues, $M||2021 HCM Applications Revenues, $M|
Tango Health, a Benefitfocus Company Direct vs Indirect sales
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Tango Health, a Benefitfocus Company Customers - Breakdown by Geo, Size, Vertical and Product
No. of Tango Health, a Benefitfocus Company Customers: 350
No. of Tango Health, a Benefitfocus Company HCM Applications Customers: 350
No. of Tango Health, a Benefitfocus Company Cloud HCM Customers: 350
No. of Tango Health, a Benefitfocus Company Cloud HCM Subscribers: x
Tango is a Healthcare Benefits Optimization company with thousands of satisfied client companies across all industries. Among Tango Health's 350 customers are: Viavi, El Monte City School District, Raytheon, Claremont University Consortium, BOK Financial Corporation, EthosEnergy, Aggreko, Akin Gump Strauss Hauer & Feld LLP.
Tango Health, a Benefitfocus Company Market Opportunities, M&A and Geo Expansions
Tango has been on-time filing for 100% its ACA Compliance and Reporting customers. These filings furnished 1095-C forms for over 2.6 million individuals from hundreds of Fortune 500 companies and large public institutions. Tango’s 100% on-time filing completion helped mitigate risk to exposure to employer mandate penalties.
Tango Health, a Benefitfocus Company Risks and Challenges
Potential changes to Affordable Care Act could undermine Tango Health's near-term growth.
Tango Health, a Benefitfocus Company Ecosystem, Partners, Resellers and SI
Mostly direct sales.
Tango Health, a Benefitfocus Company Cloud Platform (PaaS) and Infrastructure (IaaS) Details
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Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.
Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).
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