HealthComp
HealthComp, now operating as Personify Health, is a Third Party Administrator and personalized health engagement platform serving mid-sized and large employers, health plans, health systems, and brokers with integrated administration, wellbeing, navigation, and cost containment solutions.
- Company typePrivate
- Founded1990
- HeadquartersFresno, United States
- Headcount501–1,000
- GTM typeB2B
- OfferingServices
What HealthComp does
HealthComp, founded in 1990 and headquartered in Fresno, California, is a full-service Third Party Administrator (TPA) that merged with Virgin Pulse in September 2024 to form Personify Health, a unified personalized health engagement platform. The company provides medical, dental, vision, COBRA, and HIPAA administration services alongside wellbeing programs, digital navigation, care and condition management, and payment integrity solutions. Its client base spans mid-sized to large employers, health plans, health systems, and broker/consultant channels across the United States, Germany, and France.
The technology stack centers on the Personify Health platform, which integrates health plan administration, wellbeing programs, and care navigation into a single member-facing experience. Proprietary components include PercyIQ, an AI-powered member experience engine combining human expertise with generative AI for personalized health guidance, and the Insights Lab, an AI analytics engine that translates member health data into actionable strategies. A Personify Clinical Board supplies scientific oversight, while a Partner Marketplace extends platform capabilities with category-specific solutions in mental health, family planning, financial wellness, and nutrition.
Revenue is generated through enterprise subscription contracts with employers, health plans, and health systems, priced on a quote-based annual basis aligned to client size and scope. Distribution combines direct enterprise field sales with a channel partner network of brokers and consultants. Since November 2023, the company has been privately held following a $3 billion leveraged buyout sponsored by Blackstone, Eir Partners, and New Mountain Capital, with prior acquisitions including Gilsbar's TPA and Care Management divisions (January 2022) and Benefit Administrative Systems (August 2017). The company reports 500+ active clients and millions of covered lives.
HealthComp firmographics
Firmographics- Name
- HealthComp
- Legal name
- HealthComp
- Website
- https://healthcomp.com
- Company type
- Private
- Founded year
- 1990
- Operating status
- Operating
- Headcount range
- 501–1,000 employees
- Short description
- HealthComp, now operating as Personify Health, is a Third Party Administrator and personalized health engagement platform serving mid-sized and large employers, health plans, health systems, and brokers with integrated administration, wellbeing, navigation, and cost containment solutions.
- Ownership category
- akta.pro rank
HealthComp industry classification
Industry- Product category
- Healthcare Benefits Administration (Third-Party Administration Services)
- NAICS
- Pharmacy Benefit Management and Other Third Party Administration of Insurance and Pension Funds (524292)
- SIC
- Hospital & Medical Service Plans (6324)
- akta.pro primary industry
- Care Management & Population Health Program Administration (HLAEALAG)
- akta.pro secondary industries
- Employer/Member Engagement Platforms for Provider-Sponsored Plans (HLACAEAM), Patient Engagement, Education & Messaging Platforms (portal/CRM integrated) (HLALABAJ)
Keywords
Where HealthComp is headquartered
LocationHeadquarters
- HQ city
- Fresno
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
HealthComp business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Enterprise Subscription Services: HealthComp/Personify Health generates revenue through subscription-based contracts with employers, health plans, and health systems for access to their integrated health engagement platform including administration, wellbeing, navigation, and care management services.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Enterprise subscription pricing tailored to client size and requirements |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels5 records
HealthComp product offering
Product offeringCore offering
HealthComp, operating as Personify Health, is a full-service third-party administrator (TPA) and personalized health engagement platform that provides medical, dental, vision, COBRA, and HIPAA benefits administration alongside wellbeing programs, digital navigation, care and condition management, and payment integrity/cost containment solutions. The integrated platform is powered by the PercyIQ AI engine and the Insights Lab analytics layer, and is sold on a subscription basis to mid-sized and large self-funded employers, health plans, health systems, and benefits brokers/consultants.
Product overview
Personify Health (formed from the merger of HealthComp and Virgin Pulse, acquired in 2023 for $3B by Blackstone/Eir Partners/New Mountain Capital) operates as a unified personalized health engagement platform combining multiple solution modules. The core platform provides health, wellbeing, and navigation solutions, supported by integrated modules including Health Engagement & Wellbeing, Third-Party Administration (TPA), Digital Navigation, Care & Condition Management, and Payment Integrity. The platform also features PercyIQ AI technology and a Partner Marketplace offering third-party solutions. The platform serves employers, health plans, health systems, and brokers/consultants, with claimed coverage of 2.5M+ lives and 500+ clients.
Differentiator
Problem solved
Functional benefit
Brands
- PercyIQ: AI-powered platform that blends human expertise and next generation AI to transform the member experience and help people get healthier.
- Personify Clinical Board
Products and services
- Third-Party Administrator (TPA) Health plan administration solution that supports unique benefits and improves member service while reducing costs for self-funded employers, health plans, and health systems. Provides medical, dental, vision, COBRA, and HIPAA administration.
- Health Engagement & Wellbeing Holistic wellbeing and engagement solution that gives people a more engaging health experience, designed to motivate people to manage and sustain their health. Sold to employers and health plans seeking improved workforce engagement.
- Digital Navigation Healthcare navigation with advocacy and cost transparency to help members navigate healthcare with ease. Designed for employer-sponsored populations and health plan members.
- Care & Condition Management Early intervention and personalized support solution that makes managing health conditions easier for members. Targeted at employers and health plans seeking better chronic condition outcomes and reduced medical costs.
- Payment Integrity Cost containment solution designed to contain costs and avoid waste, fraud, and overpayment for self-funded employers and health plans.
- Partner Marketplace Platform offering solutions from category leaders in mental health, family planning, financial wellness, nutrition, and more, extending platform capabilities for employer and health plan clients.
Quantifiable outcome
- Large healthcare organization achieved cost savings, improved tenure, and increased satisfaction through Personify Health program
- +2 more outcomes
Companies that use HealthComp
Customer profileNamed customers7 records
Segments4 records
Ideal customer profiles4 records
HealthComp technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability1 record
Feature3 records
HealthComp partnerships and signals
Strategic signalScale indicators6 records
Recent moves7 records
Expansion highlights6 records
HealthComp competitors and assessment
Company assessmentDirect peers
- Sedgwick: Sedgwick is a leading TPA providing disability, absence, FMLA, and integrated health benefits administration for employers and insurers. It directly overlaps with HealthComp/Personify Health's TPA, claims, and care management offerings on the same employer buyer.
- WEX Health: WEX Health provides benefits administration platforms for HSA, FSA, HRA, COBRA, and consumer-directed healthcare accounts — closely matching HealthComp's account-based administration and COBRA/HIPAA capabilities for employer clients.
- Imagine360: Imagine360 is a self-funded health plan TPA offering reference-based pricing, cost-containment, and care navigation solutions — a direct competitor to Personify Health's payment integrity and care & condition management modules.
- Benefitfocus (a Voya Financial business): Benefitfocus is a benefits administration platform serving employers and health plans with enrollment, billing, and core administration workflows — directly comparable to Personify Health's TPA module on the same buyer segments.
- Limeade (WebMD Health Services): Limeade, now part of WebMD Health Services, is an employee wellbeing and engagement platform that competes head-to-head with Personify Health's Health Engagement & Wellbeing module, especially with employers that buy wellbeing as a standalone.
- Sharecare: Sharecare is a digital health engagement platform offering wellbeing, navigation and condition management tools to employers and health plans — overlapping with Personify Health's engagement and care & condition management modules on identical buyer personas.
Broad incumbents
- ADP (Benefits Administration): ADP's benefits administration and PEO services deliver employer health benefits management, COBRA and consumer accounts at scale, overlapping with HealthComp's TPA suite for mid-market and enterprise employers.
- Mercer (Marsh McLennan): Mercer is a global benefits consulting and administration firm serving large employers across health, wellbeing and absence — both a buyer-routing partner and broad peer through health benefits consulting/administration for the same Fortune-style employer clients.
- Willis Towers Watson (WTW): WTW is a leading global advisory and broking firm with a major health benefits and wellbeing practice that designs, administers, and advises on employer health programs for the same buyers Personify Health pursues.
Emerging players
- Solera Health: Solera Health is a digital benefit management platform focused on chronic-condition programs (diabetes, MSK, mental health). It complements and selectively competes with Personify Health's care & condition management offering for employer and payer buyers.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks7 records
Key highlights7 records
Customer concentration
HealthComp social profiles
Digital presenceHealthComp financial estimates
Financial estimateRevenue estimate
Valuation estimate
HealthComp leadership team
Management profileNumber of profiles
Profiles2 records
HealthComp subsidiaries and ownership
Company hierarchySubsidiaries1 record
HealthComp funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
HealthComp M&A and investment
M&A and investmentM&A2 records
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about HealthComp
What does HealthComp do?
HealthComp, operating as Personify Health, is a full-service third-party administrator (TPA) and personalized health engagement platform that provides medical, dental, vision, COBRA, and HIPAA benefits administration alongside wellbeing programs, digital navigation, care and condition management, and payment integrity/cost containment solutions. The integrated platform is powered by the PercyIQ AI engine and the Insights Lab analytics layer, and is sold on a subscription basis to mid-sized and large self-funded employers, health plans, health systems, and benefits brokers/consultants.
Is HealthComp a public or private company?
HealthComp is a private company. It is classified as private equity controlled and is currently operating.
When was HealthComp founded?
HealthComp was founded in 1990. It employs 501 to 1,000 people.
Where is HealthComp based?
HealthComp is headquartered in Fresno, United States, in the North America region.
How does HealthComp make money?
One revenue line is on record: enterprise Subscription Services.
Who are HealthComp's main competitors?
Direct peers on record are Sedgwick, WEX Health, Imagine360, Benefitfocus (a Voya Financial business), Limeade (WebMD Health Services) and Sharecare. Broad incumbents are ADP (Benefits Administration), Mercer (Marsh McLennan) and Willis Towers Watson (WTW). Solera Health is listed as an emerging player.
Does HealthComp have an API?
No public API is recorded for HealthComp.
What industry is HealthComp in?
HealthComp's product category is Healthcare Benefits Administration (Third-Party Administration Services). Its primary akta.pro industry code is HLAEALAG, Care Management & Population Health Program Administration, with a secondary code of HLACAEAM, Employer/Member Engagement Platforms for Provider-Sponsored Plans. Its NAICS code is 524292 and its SIC code is 6324.