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WEX Health Strengthens Position as an Industry Leader
- WEX Health Cloud facilitated billions of dollars in reimbursements and processed more than 250 million transactions, all with an uptime of 99.99 percent over the past four years.
- Product releases delivered more than 200 key enhancements, extending WEX Health’s unique leadership position.
The WEX Health Cloud mobile app continues strong year over year growth
and was downloaded more than a million times in 2016, with eight out
of the top 10 HSA apps in the
App Storepowered by WEX Health. The mobile app continues as a leader in innovation, value, and technology in the market.
The number of consumers on the
WEX Healthplatform grew to more than 24 million, with WEX Healthnow powering more than 225,000 employer groups.
WEX Healthis a leader in the HSA Market with nine of the Top 20 HSA providers powered by WEX Health, and more HSAs utilizing WEX Healthtechnology than any other. Additionally, HSA Bank, a WEX HealthPartner, grew well beyond two million accountholders in 2016.
WEX Healthexecutives shared thought leadership, insight, and expertise by speaking at industry conferences and by being featured in regional and national media, including: Becker’s Health IT & CIO Review, BenefitsPRO, Business News Daily, CNBC, Cincinnati Business Courier, Employee Benefit News, Forbes, HR Dive, HR Magazine, HR.com, Health Plan Week, HealthLeaders, Modern Healthcare, Newsday, Paybefore, SHRM, and The Hill.
WEX Healthplayed a key role in the recent enactment of the 21st Century Cures Act, which brings healthcare relief to small businesses.
“It was another incredible year for
We simplify the business of healthcare through WEX Health Cloud, a cloud-based healthcare financial management platform that drives efficiency for benefit administration technology, consumer engagement, and advanced billing and payments. Our partner organizations enable us to deliver our industry-leading and award-winning solution to 225,000 employers and more than 24 million consumers. Together we take the complexity out of defined contribution, HSAs, HRAs, FSAs, VEBAs, PRAs, premium billing, public and private health insurance exchanges, COBRA, wellness plans, and transit plans. Learn more at www.wexhealthinc.com, and follow
News Media Contact:
Tiffany Wirth, 701-499-7215