HealthEquity Ranked Number 356 Fastest Growing Company in North America on Deloitte’s 2015 Technology Fast 500™
Attributes 181 Percent Revenue Growth to Its Exceptional Customer
Service and HSA Opportunities
SALT LAKE CITY–(BUSINESS WIRE)–HealthEquity today announced it ranked 356 on Deloitte’s Technology Fast
500™, a ranking of the 500 fastest growing technology, media,
telecommunications, life sciences and energy tech companies in North
America. HealthEquity grew 181 percent during this period.
HealthEquity’s chief executive officer, Jon Kessler, credits superior
customer service and health savings accounts (HSA) options unparalleled
in the health care industry with the company’s rapid revenue growth. He
said, “We are thrilled about our continued success in helping
individuals take charge of their health care decisions, and our
exponential growth indicates that the American people desire to have
more freedom in their health choices through HSAs.”
“Amid a fierce business climate, there seems to be no shortage of new
and established companies that are unlocking a seemingly unlimited
potential for growth and advancement through technology’s continued
disruption and proliferation across industries,” said Sandra Shirai,
principal, Deloitte Consulting LLP and U.S. technology, media and
telecommunications leader. “It is inspiring to witness the innovative
ways that companies are incorporating emerging technologies for business
gains, be it cognitive computing, or the Internet of Things. We
congratulate all those ranked on this year’s Fast 500 and look forward
to seeing their continued growth into 2016.”
“Through the efforts and utilization of new and emerging technologies
from these companies, we are witnessing greater business demands from
across almost all industries,” added Jim Atwell, national managing
partner of the emerging company practice, Deloitte & Touche LLP. “We
look forward to the opportunity to serve these companies as they strive
to grow to the next level – be it towards introducing new solutions or
entering new markets – and with it make important and long lasting
impressions on the technology market as a whole.”
Overall, 2015 Technology Fast 500™ companies achieved revenue growth
ranging from 109 percent to 21,984 percent from 2011 to 2014, with an
average growth of 850 percent.
About HealthEquity
Founded in 2002, HealthEquity is one of the nation’s oldest and largest
dedicated health savings custodians. The company’s innovative technology
platform and tax-advantaged accounts help members build health savings,
while controlling health care costs. HealthEquity services more than 1.5
million health savings accounts for 70 health plan partners and
employees at approximately 27,000 companies across the United States.
About Deloitte’s 2015 Technology Fast 500™
Deloitte’s Technology Fast 500 provides a ranking of the fastest growing
technology, media, telecommunications, life sciences and energy tech
companies – both public and private – in North America. Technology Fast
500 award winners are selected based on percentage fiscal year revenue
growth from 2011 to 2014.
In order to be eligible for Technology Fast 500 recognition, companies
must own proprietary intellectual property or technology that is sold to
customers in products that contribute to a majority of the company’s
operating revenues. Companies must have base-year operating revenues of
at least $50,000 USD or CD, and current-year operating revenues of at
least $5 million USD or CD. Additionally, companies must be in business
for a minimum of four years and be headquartered within North America.
Contacts
HealthEquity
Cody Dingus, 801-633-5466
Vice President of
Marketing
cdingus@healthequity.com
or
Method
Communications
Mikey Collard, 801-461?9752
mikey@methodcommunications.com
