In today's world, HealthEquity has become a topic of great relevance and interest to a wide variety of people. Whether due to its impact on society, its relevance in the professional field, or its importance in history, HealthEquity is a topic that does not leave anyone indifferent. Its influence extends globally, affecting different cultures and contexts in different ways. In this article, we will explore the different facets of HealthEquity, analyzing its importance and impact on various aspects of daily life.
Company type | Public |
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Founded | 1 January 2002 |
Headquarters | Draper, Utah, U.S. |
Revenue | US$756.6 million (FY ended 1/31/2022) |
-US$24.238 million (FY ended 1/31/2022) | |
-US$44.3 million (FY ended 1/31/2022) | |
Total assets | US$3.107 billion (FY ended 1/31/2022) |
Total equity | US$1.852 billion (FY ended 1/31/2022) |
Number of employees | 3,688 (January 2022) |
Website | healthequity |
Footnotes / references |
HealthEquity, Inc. is an American financial technology and business services company that is designated as a non-bank health savings trustee by the IRS. This designation allows HealthEquity to be the custodian of health savings accounts regardless of which financial institution the funds are deposited with.
As of July 31, 2022, HealthEquity managed 7.5 million HSA accounts, plus 7 million other consumer-directed benefits ("CDBs") for total accounts of 14.5 million. Total HSA assets as of July 31, 2022 were $20.5 billion, including $13.1 billion of HSA cash and $7.4 billion of HSA investments.
HealthEquity was incorporated in January 2002 in Tucson, Arizona by Stephen Neeleman, Nuno Battaglia, and David Hall to re-introduce consumer-driven health care (CDH). It moved its incorporation to Utah in February 2004. HealthEquity went public via an IPO on July 31, 2014, under the symbol "HQY".
August 30, 2019 - HealthEquity acquires WageWorks.
March 8, 2021 HealthEquity acquires Luum and expands Commuter benefit offering.
November 1, 2021: HealthEquity completes Further acquisition.