WEX Health Among Apps Top 500

700 26th Avenue E

West Fargo, ND, 58078, USA

1 952-852-7099

https://wexhealthinc.com/

282
List of Verified WEX Health Customers

WEX Health Recent Developments

In June 2018, WEX Health, a WEX Company introduced significant new features and functionality to its WEX Health Cloud platform through its recent June 2018 Release. The updates reflect WEX Health’s continued focus to improve usability and deliver greater value to consumers, employers, and its network of Partners. The June 2018 release introduces the WEX Health Cloud COBRA & Direct Billing Mobile App, which provides consumers ease of use and quick accessibility to several convenient WEX Health COBRA & Direct Billing features, including online registration and election, credit/debit card payments, recurring ACH, and one-time checking/savings payments. The app, which uses PIN security, enables consumers to view communications as well as payment history. Updates to the WEX Health Cloud Mobile App include a user interface refresh and the ability for administrators to modify colors. With the Eligible Expense Scanner, consumers now can scan a product barcode to determine eligibility as a qualified medical expense. On the health savings account (HSA) front, investment details such as fund activity, balance, the rate of return, and related graphs are now readily available. The June 2018 release also includes updates to the WEX Health Cloud Consumer Portal. Consumers are met with a new, dynamic, and interactive homepage that features an enhanced message center. Identity verification management (IDV) provides an efficient and secure way for consumers to upload documents and for administrators to view and store highly sensitive information. Additionally, the Healthcare Savings Goal simulates a personalized conversation about the consumer’s plan for healthcare savings.

WEX Health Overview

Ownership: - x

Employees: 3500

Functional Market: Customer Relationship Management, ERP Financial Management, ERP Services and Operations Management, Human Capital Management,

Key Verticals: Healthcare,

WEX Health Key Enterprise & Cloud Applications

WEX Health Cloud,

SCORES Analysis

WEX Health Strengths

WEX Health serves 125,000 employers and more than 12,000,000 consumers across the United States and Canada, making it one of the largest cloud-based, consumer-directed healthcare (CDH) and defined contribution payments and technology solutions providers for the healthcare industry. WEX Health introduced new features and functionality to its WEX Health Cloud platform through its October 2018 Release. The updates reflect WEX Health’s continued focus to engage, grow, and simplify the healthcare benefits administration process for consumers, employers, and its network of partners. This release reflects the commitment to enabling partners to further engage with employers and consumers to help them make better decisions about their healthcare benefits.

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  • Key differentiators
  • Domain Expertise
  • Product portfolio
  • Solution scope

WEX Health Revenues, $M:

Type/Year 2016 2017 YoY Growth, %
Total Revenues, $M Subscribe Subscribe Subscribe
Enterprise Applications Revenues, $M Subscribe Subscribe Subscribe
Cloud Applications Revenues, $M Subscribe Subscribe Subscribe

* Enterprise Applications Revenues = License + Support & Maintenance + SaaS
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.

WEX Health Revenue Breakdown By Type, $M:

Type License Services Hardware Support & Maintenance SaaS
% of Total Revenues Subscribe Subscribe Subscribe Subscribe Subscribe
Revenues, $M Subscribe Subscribe Subscribe Subscribe Subscribe

WEX Health Revenues By Region, $M

Region % of Total Revenues 2017 Total Revenues, $M 2017 Enterprise Applications Revenues, $M 2017 Cloud Applications Revenues, $M
Americas Subscribe Subscribe Subscribe Subscribe
EMEA Subscribe Subscribe Subscribe Subscribe
APAC Subscribe Subscribe Subscribe Subscribe
Total Subscribe Subscribe Subscribe Subscribe

WEX Health Direct vs Indirect sales

Region Direct Sales Indirect Sales Total
Type % Subscribe Subscribe Subscribe
Revenues, $M Subscribe Subscribe Subscribe

WEX Health Customers

No. of Customers: Subscribe

No. of Enterprise Applications Customers: Subscribe

No. of Cloud Customers: Subscribe

No. of Cloud Subscribers: Subscribe

Don't Miss our Customer Database


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  • Reference wins across regions
  • Customer Size segments
  • Customer wins momentum

WEX Health Opportunities

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  • Market Opportunities at the vertical and subvertical levels
  • Mergers and Acquisitions (M&A), Funding
  • Geo Expansions

WEX Health Risks

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  • Ability to handle internal and external risk and challenges

WEX Health Ecosystem

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  • Health of ecosystem
  • Network Effects of BPO, ISV, SI
  • VAR Partners
  • Direct vs Indirect sales

WEX Health Cloud Infrastructure Insights

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  • Cloud Infrastructure (IaaS)
  • Cloud Platform (PaaS)
  • Cloud Application delivery (SaaS)
  • Data Center (Hosting)

Research Methodology

Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.


Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).




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