HealthPartners

What HealthPartners does

HealthPartners is a nonprofit, consumer-governed health care organization founded in 1957 and headquartered in Bloomington, Minnesota. It operates as a vertically integrated payer-provider, offering health insurance products (individual/family, employer group, Medicare, dental, and Minnesota Medical Assistance plans) alongside owned care delivery assets including HealthPartners Clinics, Park Nicollet Clinics, Regions Hospital, TRIA Orthopedics, and the Virtuwell telehealth service, across Minnesota and Wisconsin.

Its revenue model is anchored on recurring subscription premiums across multiple plan tiers (Bronze, Silver, Gold, Catastrophic), supplemented by fee-for-service revenue from its owned hospital, clinic, specialty, and pharmacy operations. Distribution combines direct-to-consumer sales through the MNsure exchange, enterprise/broker channels for group plans, and direct patient utilization of owned facilities. Supporting infrastructure includes a mobile app (iOS and Android), an online member portal, a cost transparency tool, and pharmacy benefit management services, with supply chain automation recognized by GHX's 2025 Millennium Club award.

The organization reported 10,000+ employees and serves individual consumers, families, employer groups, and Medicare beneficiaries, with strategic emphasis on care coordination through integrated ownership of the payer and provider functions. Recent operational moves include an 85-bed expansion proposal at Regions Hospital (November 2025), proposed 2027 individual-market premium increases of 10-13% on MNsure, and a CFO succession (April 2026) bringing Blake Berquist from UnitedHealthcare's national commercial operations.

Name

HealthPartners

Legal name

HealthPartners, Inc.

Website

https://healthpartners.com

Company type

Private

Founded year

1957

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

HealthPartners is a nonprofit, consumer-governed integrated payer-provider founded in 1957, offering health insurance plans (individual, employer, Medicare, dental, Medicaid) alongside owned clinics, hospitals, specialty centers, and telehealth across Minnesota and Wisconsin.

Ownership category

akta.pro rank

Product category

Integrated Healthcare and Health Insurance

NAICS

Offices of Physicians (62111)

SIC

Services-Hospitals (8060), Hospital & Medical Service Plans (6324), Services-Health Services (8000)

akta.pro primary industry

Hospitals, Clinics & Charitable Healthcare Providers (BPAGACAB)

akta.pro secondary industries

Medigap Member Support & Care Navigation (Advocacy/Concierge) (HLAEADAH), Medicare Provider Networks & Delegated Medical Groups (MA-focused) (FSAIAGAK)

Keywords

• Health insurance plans
• Integrated healthcare delivery
• Medical clinics hospitals
• Pharmacy benefit management
• Dental insurance coverage

Headquarters

HQ city

Bloomington

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales, Supply Chain

Revenue model

1. Health Insurance Premiums: Revenue generated from monthly premiums paid by individuals, families, and employer groups for health insurance coverage. Plans include individual/family plans, Medicare, employer group plans, and Minnesota medical assistance programs.
2. Healthcare Services: Revenue from providing direct healthcare services through owned clinics, hospitals, specialty centers, and pharmacy locations throughout Minnesota and Wisconsin.
3. Dental Insurance: Separate dental insurance plans offered to individuals, families, and employer groups.

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels5 records

Core offering

HealthPartners is a nonprofit, consumer-governed integrated healthcare organization that sells health insurance plans (individual, family, Medicare, employer group, and dental) and delivers healthcare services through owned clinics, hospitals, specialty centers, and a telehealth platform (Virtuwell) across Minnesota and Wisconsin. Members can access care, manage claims, and review pharmacy benefits through the organization's mobile app and online member portal.

Product overview

HealthPartners is a consumer-governed, nonprofit health care organization founded in 1957 that operates as an integrated health care and insurance platform. The company offers a unified portfolio combining health insurance plans (including Medicare, individual/family, dental, and employer group plans) with direct care delivery through its network of clinics and hospitals, including the Park Nicollet brand, Regions Hospital, TRIA Orthopedics specialty centers, and Virtuwell telehealth services. Members can access care and manage their plans through the HealthPartners mobile app and online member portal, which provide claims management, EOB viewing, cost estimates, pharmacy benefits, and provider search functionality. The organization also provides specialty care services through dedicated centers.

Differentiator

Problem solved

Functional benefit

Products and services

• HealthPartners Health Insurance Plans Comprehensive health insurance coverage including Medicare, individual and family plans, dental plans, employer group health plans, and Minnesota medical assistance programs offered to consumers and employer groups.
• HealthPartners Clinics & Hospitals Network of primary care clinics, specialty centers, and hospitals including Regions Hospital and Park Nicollet Clinics providing direct patient care services across Minnesota and Wisconsin.
• Park Nicollet Clinics A care delivery brand under HealthPartners offering clinics and medical services across the Twin Cities region, acquired in 2012.
• Virtuwell Telehealth service offering online care for common health conditions available 24/7.
• TRIA Orthopedics Specialized orthopedic care and sports medicine services provided through TRIA centers.
• Regions Hospital Hospital owned by HealthPartners located in St. Paul, Minnesota, providing acute hospital services to members and the broader community.
• HealthPartners Pharmacy Benefit Services Pharmacy benefit management services including drug formulary access, pharmacy networks, and prescription claim submission.
• HealthPartners Specialty Centers Specialized medical centers offering focused care in areas such as breast health, oncology, and other medical specialties.

Quantifiable outcome

• Preventive care services covered at 100% with no out-of-pocket costs for in-network care
• +1 more outcomes

Named customers2 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

One partnership is on record.

• Matrix Medical NetworkminorOthersMatrix Medical Network supports HealthPartners in providing care to insurance members. Members receive a letter in the mail before Matrix contacts them about potential services. This partnership helps identify members who might benefit from Matrix's healthcare services.

Scale indicators5 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Medica: Minneapolis-based nonprofit health plan competing head-to-head with HealthPartners on MNsure, employer group, Medicare, and Minnesota Medical Assistance products.
• Allina Health: Large Minnesota-based nonprofit integrated health system that, like HealthPartners, delivers care through hospitals and clinics across the Twin Cities; competes for patients, providers, and value-based contracts.
• M Health Fairview: University-affiliated integrated health system serving Minnesota with hospitals, primary care, and specialty services; directly competes with HealthPartners' care delivery footprint and employer-sponsored plan negotiations.
• Blue Cross and Blue Shield of Minnesota: Minnesota's largest nonprofit health plan offering commercial, Medicare, and Medicaid coverage; directly competes with HealthPartners across individual, employer group, and Medicare segments in the same core geography.

Regional players

• Essentia Health: Upper Midwest regional integrated health system with a similar hospital-plus-clinics model and growing payer partnerships; comparable in scale and mission to HealthPartners' care delivery operations.
• Mayo Clinic: Minnesota-headquartered integrated health system and nationally renowned specialty care provider; competes with HealthPartners for tertiary referrals and high-acuity specialty volume in MN/WI.

Broad incumbents

• Elevance Health (Anthem): National Blue Cross Blue Shield licensee and integrated payer-provider; competes with HealthPartners in commercial and Medicare markets and offers an alternative benchmark for diversified regional health plan economics.
• Humana: Major national health insurer with strong Medicare Advantage focus, increasingly integrated with owned care delivery; comparable in MA strategy and Medicare member economics to HealthPartners' Medicare line.
• UnitedHealth Group (UnitedHealthcare + Optum): Largest U.S. vertically integrated payer-provider competing nationally with HealthPartners' commercial and Medicare products; the source of HealthPartners' new CFO and a benchmark for payer-provider integration.
• CVS Health (Aetna + Oak Street): Vertically integrated payer-provider-retailer expanding into value-based primary care and MA; increasingly competes with HealthPartners' integrated insurance, pharmacy, and clinic strategy.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/_healthpartners
• Facebookfacebook.com/HealthPartnersMN

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A2 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about HealthPartners