HealthEquity(HQY)

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Forbes and U.S. News & World Report Agree: HealthEquity is One of America’s Best Places to Work
Globenewswire· 2025-02-27 15:00
Core Insights - HealthEquity has been recognized as one of America's Dream Employers for 2025 by Forbes and one of the Best Companies to Work For in 2025 by U.S. News & World Report, highlighting its commitment to team and culture [1][2] Group 1: Company Recognition - The awards reflect HealthEquity's dedication to creating a thriving workplace and empowering healthcare consumers [2][4] - HealthEquity was the highest ranked HSA administrator, noted for its team-focused culture and investments in employee wellbeing [2][3] Group 2: Employee Support and Culture - The company provides collaboration tools and a transparent culture with frequent opportunities for communication between leadership and employees [2] - HealthEquity offers a wide range of benefits, including support for caregivers, incentives for healthy living, mental health programs, and a remote-first work environment, with over 90% of employees working from home [2][3] Group 3: Health Outcomes and Programs - HealthEquity achieved an 18% reduction in health claims from employees participating in their Consumer Driven Healthcare program, supported by mental and long-term physical health initiatives [3] - The company's commitment to employee health is reflected in its approach to client and member services, aiming for better health outcomes for all [4] Group 4: Company Overview - HealthEquity administers HSAs and various consumer-directed benefits for over 16 million accounts, partnering with employers and health plan providers to empower healthcare consumers [5]
The Path Forward: How Commuting Impacts the Return to Office Experience
Globenewswire· 2025-02-20 14:20
Core Insights - Commuting expenses are a significant concern for employees returning to the office, with 54% identifying it as the biggest obstacle to more frequent office attendance [2] - The research indicates that 75% of employees reported a positive return-to-office (RTO) experience, and 83% noted an improvement in the quality of their work after returning [2] - There is a correlation between higher commuting costs and lower in-office attendance, suggesting that addressing commuting expenses could enhance office presence [2][3] Employee Preferences and Challenges - The study highlights that while 65% of employees are aware of tax-free commuter benefits, only 47% utilize them, indicating a gap in benefit usage despite perceived affordability [4] - Employees express a desire for benefits that alleviate the financial burden of commuting, which can be strategically beneficial for companies increasing in-office work [5] Implications for Employers - As companies mandate more in-office days, addressing commuting challenges through benefits can improve employee well-being and work-life balance, fostering a more engaged workforce [5] - The high cost of transportation in the U.S. necessitates that employers consider commuting as a critical factor in their RTO strategies to reduce turnover and fill positions effectively [3]
HealthEquity Reports Year-End Sales Metrics
GlobeNewswire News Room· 2025-02-18 21:01
Core Insights - HealthEquity, Inc. reported significant growth in Health Savings Accounts (HSAs), total accounts, and HSA assets for the fiscal year ending January 31, 2025, indicating a strong performance in the health savings sector [1][2][3] HSA and Total Accounts - The total number of HSAs reached 9.9 million, marking a 14% increase from 8.7 million in the previous year [2] - Total accounts grew to 17.0 million, a 9% increase from 15.7 million as of January 31, 2024 [2] - New HSAs from sales for the year-to-date were 1,040, representing a 10% increase compared to 949 in the previous year [3] HSA Assets - HSA assets increased to $32.1 billion, a 27% rise from $25.2 billion a year earlier [2][4] - HSA cash was reported at $17.4 billion, up 16% from $15.0 billion [4] - HSA investments saw a substantial increase of 44%, reaching $14.7 billion compared to $10.2 billion in the previous year [4] Business Outlook - The company affirmed its guidance for fiscal years 2025 and 2026, indicating confidence in continued growth [6] - Upcoming events include a conference call on March 18, 2025, to discuss fourth quarter and fiscal year 2025 results [8] Company Overview - HealthEquity administers HSAs and other consumer-directed benefits for over 17 million accounts, partnering with employers and benefits advisors [9]
Tech-Powered Innovation Transforms Member Experiences and Earns HealthEquity Industry Recognition
Globenewswire· 2025-01-28 14:20
Core Insights - HealthEquity, Inc. has been recognized for its Expedited Claims tool, which simplifies healthcare benefits and enhances member experience [1][4] - The tool has shown significant improvements in claims processing efficiency, reducing time spent on claims by approximately 66% and increasing member satisfaction by 18% [2][3] Group 1: Awards and Recognition - HealthEquity received multiple awards including Gold for Best Advance in AI Business Impact and Most Innovative Product Feature of the Year, highlighting its commitment to innovation [5][7] - The company was also awarded Silver for Most Innovative App of the Year and Bronze for Best New Product of the Year in the healthcare industry [7] Group 2: Product Features and Benefits - The Expedited Claims tool automates receipt processing, categorizes items, and sorts variables like discounts and taxes, significantly reducing manual errors [3] - The tool has enabled over 60% of claims to be filed in under two minutes, enhancing the overall claims experience for members [3] Group 3: Company Overview - HealthEquity administers HSAs and various consumer-directed benefits for over 16 million accounts, partnering with employers and benefits advisors [6] - The company focuses on empowering individuals to manage their healthcare journey through innovative solutions and a commitment to well-being [6]
HealthEquity Announces Record Year-End HSA Sales Outlook, Presentation at J.P. Morgan Healthcare Conference
GlobeNewswire News Room· 2025-01-13 14:01
DRAPER, Utah, Jan. 13, 2025 (GLOBE NEWSWIRE) -- HealthEquity, Inc. (NASDAQ: HQY) (“HealthEquity” or the “Company”), the nation’s largest health savings account (“HSA") custodian, today announced estimates of HSAs, HSA Assets and Total Accounts for its fiscal year ending January 31, 2025, reflecting a strong sales year with record New HSAs from Sales and strong custodial HSA Asset growth. Estimated HSAs to be approximately 9.8 million by January 31, 2025, up from 8.7 million a year earlier.Estimated HSA Asse ...
HealthEquity Announces Record Year-End HSA Sales Outlook, Presentation at J.P. Morgan Healthcare Conference
Newsfilter· 2025-01-13 14:01
DRAPER, Utah, Jan. 13, 2025 (GLOBE NEWSWIRE) -- HealthEquity, Inc. (NASDAQ:HQY) ("HealthEquity" or the "Company"), the nation's largest health savings account ("HSA") custodian, today announced estimates of HSAs, HSA Assets and Total Accounts for its fiscal year ending January 31, 2025, reflecting a strong sales year with record New HSAs from Sales and strong custodial HSA Asset growth. Estimated HSAs to be approximately 9.8 million by January 31, 2025, up from 8.7 million a year earlier.Estimated HSA Asset ...
Here's Why You Should Retain HealthEquity Stock in Your Portfolio Now
ZACKS· 2025-01-10 13:45
HealthEquity, Inc. (HQY) has been gaining from its business model and strategy. The optimism, led by a solid third-quarter fiscal 2025 performance and strength in Health Savings Accounts (“HSA"), is expected to contribute further. However, stiff competition and the possibility of the integration of acquisitions being unsuccessful are major downsides.In the past six months, the Zacks Rank #3 (Hold) company’s shares have risen 26.2% against 10.4% decline of the industry.The S&P 500 has increased 5.2% during t ...
Why Is HealthEquity (HQY) Up 3.5% Since Last Earnings Report?
ZACKS· 2025-01-08 17:30
It has been about a month since the last earnings report for HealthEquity (HQY) . Shares have added about 3.5% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is HealthEquity due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. HealthEquity Q3 Earnings & Revenues Beat Estim ...
HealthEquity Gains 46.8% in a Year: What's Driving the Stock?
ZACKS· 2024-12-27 16:01
HealthEquity, Inc. (HQY) witnessed strong momentum in the past year. Shares of the company rallied 46.8% against the 13.4% decline of the industry. The S&P 500 Composite has risen 27.3% during the same time frame.With healthy fundamentals and strong growth opportunities, this Zacks Rank #3 (Hold) company appears to be a solid wealth creator for its investors at the moment.Draper, UT-headquartered HealthEquity provides integrated solutions for healthcare account management, health reimbursement arrangements ...
HealthEquity(HQY) - 2025 Q3 - Quarterly Report
2024-12-09 21:03
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended October 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number: 001-36568 HEALTHEQUITY, INC. (Exact name of registrant as specified in its charter) Delaware 52-2383166 (State or other jurisdiction of incorporation or organization)(I.R.S. ...