Healthequity Inc - HQY STOCK NEWS

HealthEquity (NASDAQ: HQY), the largest HSA administrator in the US, has received recognition for its Expedited Claims AI system at the 2025 Artificial Intelligence Excellence Awards from the Business Intelligence Group. The company won awards in both health and automation categories for 'Innovative AI Products'.

The Expedited Claims technology streamlines healthcare claims processing through the EZ Receipts mobile app, reducing submission time to under one minute, with over 50% of claims processed within two minutes. Users save approximately 70% of typical claims processing time, and member satisfaction has increased by 18%, with 70% reporting satisfaction or high satisfaction.

HealthEquity has also launched other AI initiatives, including HSAnswers, an AI knowledgebase for HSA-related queries, and HealthEquity Assist™, a suite of AI-powered tools for benefit navigation and decision-making support.

HealthEquity (HQY) reported strong financial results for fiscal year 2025, with revenue reaching $1.20 billion, up 20% from FY24. Net income surged 74% to $96.7 million, while adjusted EBITDA increased 28% to $471.8 million.

The company achieved significant growth metrics, including:

• 9.9 million HSAs (14% increase)
• Total HSA Assets of $32.1 billion (27% increase)
• 17.0 million Total Accounts (9% increase)

Key developments include the acquisition of BenefitWallet HSA portfolio (616,000 HSAs, $2.7 billion in assets) and a share repurchase of 1.4 million shares for $122.2 million. For FY26, management projects revenue of $1.280-1.305 billion and net income between $164-179 million.

HealthEquity (Nasdaq: HQY), the largest HSA administrator in the US, has launched HealthEquity Assist™, a comprehensive suite of integrated benefit solutions. The platform addresses key challenges in employee benefits, including rising healthcare costs projected to increase 9% in 2025.

The suite includes three main offerings:

• HealthEquity Analyzer™: Free tool providing employers real-time access to benefit program data and insights
• HealthEquity Navigator™: Partners with TALON to offer healthcare price transparency and provider selection guidance
• HealthEquity Momentum™: Platform focused on driving employee engagement through personalized rewards and health behavior incentives

The tools integrate into existing company platforms, helping employers track benefit program performance and enabling employees to make informed healthcare spending decisions.

The HealthEquity Community Foundation has announced its first grant recipients and opened applications for the next funding cycle through March 31. The Foundation awarded over $40,000 in grants during its inaugural cycle to support charitable non-profits nationwide.

The grants focus on four key areas:

• Health & Medicine: Addressing healthcare inequities and improving access
• Financial Education and Literacy: Empowering through financial wellness programs
• Mental Health & Crisis Support: Expanding access to mental health services
• Basic Human Needs: Providing essential resources to vulnerable populations

Recipients include Soldiers' Angels, whose CEO Amy Palmer highlighted how the grant will help expand veterans' assistance programs. The Foundation also connects with grantees through HealthEquity's Purple with Purpose volunteer program, enabling direct community engagement.

HealthEquity (NASDAQ: HQY), the leading HSA and consumer-directed benefits administrator, has earned prestigious recognition 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.

The company distinguished itself as the highest-ranked HSA administrator, showcasing excellence in team-focused culture and employee wellbeing investments. Notable features include a remote-first environment with over 90% of employees working from home, comprehensive benefits supporting caregivers, mental health programs, and chronic illness support.

HealthEquity demonstrated remarkable success with its Consumer Driven Healthcare program, achieving an 18% reduction in health claims among participating employees. The company's commitment to employee wellness is reinforced through various initiatives promoting mental and long-term physical health.

HealthEquity (HQY) released new research on employee transitions from remote work to office-based schedules, highlighting commuting challenges and benefits solutions. The 2025 RTO and Commuter Insights study revealed that 54% of employees identified commuting costs as the primary obstacle to office attendance.

Key findings show that 75% of employees reported positive RTO experiences, and 83% noted improved work quality after returning to office. While 65% of employees are aware of tax-free commuter benefits, only 47% currently use them. The study found a correlation between higher commuting costs and lower office attendance, with cost concerns affecting employee wellbeing and sleep quality.

With companies averaging approximately 3 days per week of mandatory office time, HealthEquity emphasizes that commuter benefits can help organizations develop flexible RTO policies aligned with workforce needs, potentially improving employee wellbeing and productivity.

HealthEquity (HQY), the largest HSA custodian in the US, reported strong fiscal year 2025 results, with total HSAs reaching 9.9 million, up 14% from the previous year. Total Accounts increased 9% to 17.0 million, while HSA Assets grew 27% to $32.1 billion.

The company achieved record sales with over one million new HSAs and added nearly $7 billion in HSA Assets. HSA investments showed significant growth of 44% to $14.7 billion, while HSA cash increased 16% to $17.4 billion. The company provided an updated HSA cash repricing schedule, with an average annualized yield of 3.4% across different timeframes through 2029 and beyond.

HealthEquity affirmed its previously provided business outlook for fiscal years 2025 and 2026, and announced its fourth quarter earnings call scheduled for March 18, 2025.

HealthEquity (NASDAQ: HQY), the largest HSA custodian in the US, has received industry recognition for its Expedited Claims tool from the Best in Biz Awards and Brandon Hall Excellence in Technology Awards. The AI-powered solution, released to approximately 1.1M members in 2024, has shown significant improvements in claims processing efficiency.

The tool has achieved a 66% reduction in claims processing time and an 18% increase in member satisfaction compared to traditional methods. Claims processing time has been reduced from approximately two business days to under two minutes for over 60% of claims. The system automates receipt processing, categorizes items, and efficiently handles variables like discounts and taxes, resulting in fewer errors and faster reimbursements.

HealthEquity (NASDAQ: HQY), the largest HSA custodian in the US, announced strong fiscal year-end estimates for January 31, 2025. The company projects approximately 9.8 million HSAs, up from 8.7 million the previous year, and HSA Assets of approximately $31 billion, increasing from $25.2 billion, including $17 billion in HSA Cash.

Total Accounts are estimated to reach 17 million, compared to 15.7 million at the end of fiscal year 2024. The company achieved nearly 1 million New HSAs from Sales and maintains an integrated network of over 200 Network Partners. Management will present these results at the 43rd Annual J.P. Morgan Healthcare Conference on January 15, 2025.