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LaunchPoint Hires David Chandler Chief Financial Officer

ITASCA, IL (Feb. 6, 2015) - LaunchPoint, parent company of Discovery Health Partners and Ajilitee, announces the appointment of David Chandler to the position of Chief Financial Officer. Chandler, of Hinsdale, brings more than 20 years of experience in progressive financial leadership roles at healthcare, software and technology companies, including overseeing IPOs and managing complex financial operations companies with SaaS-based applications and software services. Most recently, Chandler served as Chief Financial Officer of CareXtend, the first online marketplace designed to help reduce personal health and wellness spending. Chandler's strong background as a strategic visionary with sound technical, analytical and operational skills in varying dynamic and entrepreneurial environments made him an ideal fit for LaunchPoint, according to CEO Terrence Ryan.

"We are very happy to have Dave's expertise guide us as we move forward with the next phase of LaunchPoint's growth," said Ryan. "We will rely on his 'big picture' perspective of the complexities and challenges emerging healthcare software companies face in today's post-reform landscape."

Prior to CareXtend, Chandler served as Chief Financial Officer for an IT services company, Fruition Partners, the largest implementation partner for ServiceNow SaaS applications. Chandler was also SVP of Finance &Operations, Americas for Razorfish - Americas, a $400M digital marketing firm. Additionally he has held leadership roles including Corporate Controller and Sr. Director of Financial Planning at Diamond Technology Partners.

Chandler attended Wesleyan University in Connecticut and received his Masters of Management from the J.L. Kellogg School of Business at Northwestern University.

About LaunchPoint

LaunchPoint operates businesses that provide cloud-based solutions, software, and services for healthcare organizations. Its two divisions are Discovery Health Partners, provider of payment integrity software and solutions for healthcare payers, and Ajilitee, a healthcare information and analytics consulting business. LaunchPoint was named the 100th fastest-growing company on the 2014 Inc. 500 list and #14 in Healthcare. More information is available at www.launchpointcorporation.com, www.ajilitee.com and www.discoveryhealthpartners.com.

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