Honored with Utah Business magazine's ‘Fast 50' award, HealthEquity
ranks among fastest-growing companies in Utah
SALT LAKE CITY--(BUSINESS WIRE)--
Utah Business magazine today announced its list of "Fast 50" companies
for 2015, naming HealthEquity
(Nasdaq: HQY) as one of Utah's fastest-growing companies.
Utah Business ranked HealthEquity No. 11 on the magazine's list of the
state's top 50 growth companies for 2015, a mark of the company's rapid
growth trajectory and expansion. HealthEquity, the nation's first
non-bank health savings account custodian, experienced a 42 percent
increase in revenue during the 2015 fiscal year. This is up from 2014,
when it increased 35 percent. The company currently employs more than
550 team members, with more than 500 based in Utah. To accommodate its
significant growth, the company recently broke ground on a new office
building in Draper, Utah, which is scheduled to open next summer.
"HealthEquity is honored to be named as one of Utah's 50 fastest growing
companies," said Jon Kessler, CEO of HealthEquity. "This award is a
testament to the ongoing commitment and dedication of our employees and
the effectiveness of our platform. We plan to keep investing for growth
and extending our product leadership in an expanding global marketplace
so we can continue to empower our customers with the best healthcare
tools available."
The 2015 "Fast 50" list was calculated based on five years of compound
growth combined with a revenue component. For more information, and a
list of the other Utah-based companies included on the list, please
visit utahbusiness.com.
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.
View source version on businesswire.com: http://www.businesswire.com/news/home/20150827006067/en/
HealthEquity
Cody Dingus, 801-633-5466
Vice President of
Marketing
cdingus@healthequity.com
or
Method
Communications
Mikey Collard, 801-461-9752
mikey@methodcommunications.com
Source: HealthEquity
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