Cypress Care, Inc. was a U.S.-based company specializing in ancillary benefit management and PPO network services for the workers' compensation and group health markets. Founded in 1999, it offered solutions like pharmacy benefits management (PBM), DME (Durable Medical Equipment) services, and surgical implant cost containment. Cypress Care was recognized for its technology-driven approach to managing and reducing healthcare costs for insurers, employers, and third-party administrators. In August 2012, Cypress Care was acquired by Optum, a subsidiary of UnitedHealth Group, and its services and expertise were integrated into Optum's workers' compensation and auto no-fault solutions.
Served as the central hub for operations, management, and strategic planning for its national workers' compensation and ancillary benefit services before its 2012 acquisition.
Specific architectural highlights or unique facility features of the former Tampa headquarters are not widely documented in available public records. It was likely a functional corporate office space.
As a growing company in the specialized healthcare solutions sector prior to 2012, the work culture at Cypress Care's HQ was likely dynamic, focusing on innovation in cost containment, client service, and expertise in the workers' compensation industry. Emphasis would have been on efficiency and results in managing complex healthcare claims.
The Tampa headquarters was the operational core for Cypress Care, a significant player in ancillary benefit management and PPO network services within the U.S. workers' compensation market until its acquisition by Optum. It represented a key center for innovation in this niche healthcare sector.
Prior to its acquisition by Optum in 2012, Cypress Care's operations were focused primarily on the United States market. It provided its workers' compensation and ancillary benefit management services nationally, serving a diverse client base across various states. There is no indication of significant international operations as an independent entity.
4902 Eisenhower Blvd S, Suite 275
Tampa
FL
USA
Address: Specific addresses for other regional or sales offices beyond the Tampa HQ are not readily available in public records. The company operated nationally.
To support sales, client management, and service delivery across its national footprint in the workers' compensation market.
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As of April 2025, Cypress Care' leadership includes:
Cypress Care has been backed by several prominent investors over the years, including:
As Cypress Care was acquired by Optum in 2012 and no longer operates as an independent entity, there have been no executive new hires or exits for 'Cypress Care' in the last 12 months. All operations and leadership were integrated into Optum following the acquisition.
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Prior to its 2012 acquisition by Optum, Cypress Care likely used common corporate email domain patterns. Common formats for companies of its era and type included [first_initial][last]@cypresscare.com or [first].[last]@cypresscare.com. These email formats are now historical and not in active use for Cypress Care.
[first_initial][last]@cypresscare.com (e.g., jsmith@cypresscare.com) or [first].[last]@cypresscare.com (e.g., john.smith@cypresscare.com) - Historical
Format
example@cypresscare.com (This domain is historical and no longer active for Cypress Care emails)
Example
0 (The cypresscare.com domain is no longer used for standalone Cypress Care email operations)%
Success rate
Archival Research & Public Domain • N/A (Current Date)
No recent news (past 12-24 months) is available for Cypress Care as an independent operating entity because it was acquired by Optum in August 2012. Its services, technology, and expertise were integrated into Optum's workers' compensation and auto no-fault business lines. Any current developments related to its former services would be reported under Optum or UnitedHealth Group....more
Optum (Official Press Release archive) • August 1, 2012
Optum, a leading information and technology-enabled health services business, announced it acquired Cypress Care, Inc. The acquisition was aimed at strengthening Optum’s capabilities in workers’ compensation and auto no-fault solutions by integrating Cypress Care's specialized ancillary benefit management services....more
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