HealthEquity

Benefits Leaders Believe in Power of AI, Considering Data Privacy and Accuracy

Retrieved on: 
Thursday, April 4, 2024
Cloud, Automation, Qualtrics, Innovation, Caesars Entertainment, Learning, Artificial intelligence, HealthEquity, Attitude, AI, HQY, VPS, Management

The survey provides a benchmark on senior benefit leaders’ attitude toward AI-enabled benefits tools.

Key Points: 
  • The survey provides a benchmark on senior benefit leaders’ attitude toward AI-enabled benefits tools.
  • A majority (73%) of the more than 800 respondents surveyed believe that AI will have a positive influence on benefits administration.
  • Of the VP and Director-level benefits leaders surveyed only 31% believed they are knowledgeable about the AI solutions in the market.
  • "Benefits leaders, like many professionals are learning about what these new technologies can do and they’re optimistic, but they’re also realistic," said Shuki Licht, vice president of Innovation at HealthEquity.

HealthEquity Reports Fiscal Year and Fourth Quarter Ended January 31, 2024 Financial Results

Retrieved on: 
Tuesday, March 19, 2024
Tax, The Company, Growth, Conduent, HealthEquity, Acquisition, Table, Nature, HQY, Investment, Depreciation, GAAP, HSA, Eastern Time Zone, Hand, Bank

DRAPER, Utah, March 19, 2024 (GLOBE NEWSWIRE) -- HealthEquity, Inc. (NASDAQ: HQY) ("HealthEquity" or the "Company"), the nation's largest health savings account ("HSA") custodian, today announced financial results for its fourth quarter and fiscal year ended January 31, 2024.

Key Points: 
  • DRAPER, Utah, March 19, 2024 (GLOBE NEWSWIRE) -- HealthEquity, Inc. (NASDAQ: HQY) ("HealthEquity" or the "Company"), the nation's largest health savings account ("HSA") custodian, today announced financial results for its fourth quarter and fiscal year ended January 31, 2024.
  • Revenue for the fourth quarter ended January 31, 2024 was $262.4 million, an increase of 12% compared to $233.8 million for the fourth quarter ended January 31, 2023.
  • Adjusted EBITDA was $98.8 million for the fourth quarter ended January 31, 2024, an increase of 34% compared to $73.6 million for the fourth quarter ended January 31, 2023.
  • HealthEquity management will host a conference call at 4:30 pm (Eastern Time) on Tuesday, March 19, 2024 to discuss the fiscal 2024 fourth quarter and year-end results.

HealthEquity Sets Date to Announce Fiscal Year End Results

Retrieved on: 
Tuesday, March 5, 2024
News, HealthEquity, HQY

DRAPER, Utah, March 05, 2024 (GLOBE NEWSWIRE) -- HealthEquity, Inc. (NASDAQ: HQY) (“HealthEquity” or the “Company”), the nation’s largest health savings account (“HSA") custodian, today announced plans to release its fourth quarter and fiscal year end 2024 financial results following the close of regular stock market trading hours on Tuesday, March 19, 2024.

Key Points: 
  • DRAPER, Utah, March 05, 2024 (GLOBE NEWSWIRE) -- HealthEquity, Inc. (NASDAQ: HQY) (“HealthEquity” or the “Company”), the nation’s largest health savings account (“HSA") custodian, today announced plans to release its fourth quarter and fiscal year end 2024 financial results following the close of regular stock market trading hours on Tuesday, March 19, 2024.
  • Following the news release, HealthEquity management plans to host a conference call for investors on Tuesday, March 19, 2024, at 4:30 p.m.
  • ET during which management will review the Company’s financial results.

HealthEquity Recognized by Glassdoor as a Top U.S. Workplace for 2024

Retrieved on: 
Friday, January 12, 2024
Glassdoor, HQY, HealthEquity

DRAPER, Utah, Jan. 12, 2024 (GLOBE NEWSWIRE) -- HealthEquity, Inc. (NASDAQ: HQY), the nation’s largest health savings account (“HSA”) custodian, has been named a winner of Glassdoor’s 16th annual Employees’ Choice Awards, honoring the Best Places to Work 2024 .

Key Points: 
  • DRAPER, Utah, Jan. 12, 2024 (GLOBE NEWSWIRE) -- HealthEquity, Inc. (NASDAQ: HQY), the nation’s largest health savings account (“HSA”) custodian, has been named a winner of Glassdoor’s 16th annual Employees’ Choice Awards, honoring the Best Places to Work 2024 .
  • The Glassdoor Employees’ Choice Awards are based on the input of employees who voluntarily provide anonymous feedback on Glassdoor by completing a company review

HealthEquity Announces Year-End HSA Sales Outlook; Presentation at J.P. Morgan Healthcare Conference; Investor Day

Retrieved on: 
Monday, January 8, 2024
Conference, CFO, HSA, Acquisition, Westin St. Francis, Health, Retirement, HQY, HealthEquity, Insurance, Growth, EVP, Cryptocurrency

Estimated HSA assets to be approximately $24.5 billion, up from $22.1 billion at the end of fiscal year 2023, with approximately $15 billion of HSA cash.

Key Points: 
  • Estimated HSA assets to be approximately $24.5 billion, up from $22.1 billion at the end of fiscal year 2023, with approximately $15 billion of HSA cash.
  • These estimates do not include the BenefitWallet HSA portfolio acquisition that is expected to close in fiscal 2025.
  • “The growth of Enhanced Rates is a win for our members and for HealthEquity,” said James Lucania, EVP and CFO.
  • HealthEquity also announced the registration links for its investor day are now open for institutional investors and analysts.

HealthEquity Forum to Unveil 2024's Top Employee Benefits Trends: AI, Cost Management, and More

Retrieved on: 
Tuesday, December 12, 2023
EST, Literacy, Society, Work, Health care, Research, HSA, Visa, System, Webcast, Health, HQY, Certification, Consumer, HealthEquity, Q&A, Currency strap, University, FSA, Use, Marketing, RR Donnelley, SHRM, Management

They will share diverse perspectives on the following topics:

Key Points: 
  • They will share diverse perspectives on the following topics:
    Tackling Rising Healthcare Costs: HealthEquity recently found over 60% of benefits leaders list ‘cost’ as their top concern (research from 2022—Making HSAs work smarting).
  • The discussion will center on balancing costs, while offering robust benefit options, while exploring the growing trend of self-directed benefits in 2024.
  • Elevating Benefits Literacy Across Diverse Workforces: Addressing benefits literacy, the panel will also focus on the challenges of conveying complex benefits information to diverse workplaces.
  • The event will be a springboard for discussing approaches to improving benefits understanding — and the outsized impact those efforts can have.

HealthEquity Reports Third Quarter Ended October 31, 2023 Financial Results

Retrieved on: 
Tuesday, December 5, 2023
Depreciation, Tax, Table, Eastern Time Zone, HSA, Acquisition, HQY, HealthEquity, Adjustment, Investment, The Company, GAAP, Nature, Video game

DRAPER, Utah, Dec. 05, 2023 (GLOBE NEWSWIRE) -- HealthEquity, Inc. (NASDAQ: HQY) ("HealthEquity" or the "Company"), the nation's largest health savings account ("HSA") custodian, today announced financial results for its third quarter ended October 31, 2023.

Key Points: 
  • DRAPER, Utah, Dec. 05, 2023 (GLOBE NEWSWIRE) -- HealthEquity, Inc. (NASDAQ: HQY) ("HealthEquity" or the "Company"), the nation's largest health savings account ("HSA") custodian, today announced financial results for its third quarter ended October 31, 2023.
  • Revenue for the third quarter ended October 31, 2023 was $249.2 million, an increase of 15% compared to $216.1 million for the third quarter ended October 31, 2022.
  • Adjusted EBITDA was $95.6 million for the third quarter ended October 31, 2023, an increase of 30% compared to the third quarter ended October 31, 2022.
  • HealthEquity management will host a conference call at 4:30 pm (Eastern Time) on Tuesday, December 5, 2023 to discuss the fiscal 2024 third quarter financial results.

BLUE CROSS BLUE SHIELD OF MASSACHUSETTS ANNOUNCES INNOVATIVE PRODUCTS FOR 2024

Retrieved on: 
Monday, November 27, 2023
Carbon, Vision, Health savings account, Blue Cross, Travel, HealthEquity, Steward Health Care System, HSA, Pharmacy, Option, Atrius Health, Preferred provider organization, PPO, Glossary of music terminology, Calendar, Disability studies, EPO, Carbon Health, Medicine, HPN, Hospital, Common, Physician, Diabetes, Health, Health insurance

BOSTON, Nov. 27, 2023 /PRNewswire/ -- Blue Cross Blue Shield of Massachusetts (Blue Cross) today announced a suite of innovative new medical, pharmacy, dental and vision offerings that support the health plan's commitment to provide quality, affordable and equitable health care.

Key Points: 
  • BOSTON, Nov. 27, 2023 /PRNewswire/ -- Blue Cross Blue Shield of Massachusetts (Blue Cross) today announced a suite of innovative new medical, pharmacy, dental and vision offerings that support the health plan's commitment to provide quality, affordable and equitable health care.
  • Blue Cross announced the following new offerings:
    Exclusive Provider Organization (EPO) Plans: Blue Cross is offering new EPO plan options for fully insured customers and now will offer these plans to student groups.
  • The health plan will be the first in the market to offer an EPO plan to Massachusetts individuals and small groups.
  • Pharmacy Program through Sempre Health: To improve medication adherence and affordability for members with select chronic conditions including diabetes, Blue Cross is partnering with Sempre Health.

HealthEquity Sets Date to Announce Third Quarter Results

Retrieved on: 
Wednesday, November 8, 2023
HealthEquity, HQY, News, Cryptocurrency

DRAPER, Utah , Nov. 08, 2023 (GLOBE NEWSWIRE) -- HealthEquity, Inc. (NASDAQ: HQY) (“HealthEquity” or the “Company”), the nation’s largest health savings account (“HSA") custodian, today announced plans to release its third quarter of fiscal 2024 financial results following the close of regular stock market trading hours on Tuesday, December 5, 2023.

Key Points: 
  • DRAPER, Utah , Nov. 08, 2023 (GLOBE NEWSWIRE) -- HealthEquity, Inc. (NASDAQ: HQY) (“HealthEquity” or the “Company”), the nation’s largest health savings account (“HSA") custodian, today announced plans to release its third quarter of fiscal 2024 financial results following the close of regular stock market trading hours on Tuesday, December 5, 2023.
  • Following the news release, HealthEquity management plans to host a conference call for investors on Tuesday, December 5, 2023, at 4:30 p.m.
  • ET during which management will review the Company’s third quarter results.

HealthEquity Named Top Workplace in Rankings Nationwide

Retrieved on: 
Tuesday, November 7, 2023
HealthEquity, Life, Human, HQY, Workplace, Environment, The Salt Lake Tribune, Culture, Management

The awards, which are based largely on workforce feedback, underscore HealthEquity's commitment to foster a culture that empowers its team members.

Key Points: 
  • The awards, which are based largely on workforce feedback, underscore HealthEquity's commitment to foster a culture that empowers its team members.
  • The company is recognized for its excellent performance in specific areas such as leadership, purpose, values, innovation, compensation, benefits, and work-life flexibility.
  • The color purple reminds teammates the importance of living the HealthEquity values to bring our vision to life.
  • "These awards are more than just accolades — they are a clear indication of the trust our team places in HealthEquity,” said Cheryl King, HealthEquity chief people officer.