HealthEdge Earns Spot on TIME’s 2025 List of the World’s Top HealthTech Companies
HealthEdge® has been named to TIME and Statista’s inaugural list of the World’s Top HealthTech Companies 2025, earning recognition as one of only 400 organizations globally honored for their role in transforming healthcare through technology.
A Landmark Recognition for HealthTech Excellence
The health technology sector has become one of the fastest-growing and most consequential industries of the 21st century. With healthcare systems worldwide under pressure to improve access, reduce costs, and deliver better outcomes, technology has emerged as the bridge between traditional models and a modernized, patient-centered future.
Recognizing the importance of this transformation, TIME magazine, in partnership with Statista Inc., launched the World’s Top HealthTech Companies 2025 ranking. The new list is designed to highlight the companies that are not only financially strong but also making a meaningful impact on healthcare delivery and innovation.
The methodology for this recognition was rigorous. Each company was evaluated across three critical dimensions:
- Financial Performance Metrics – assessing strength, sustainability, and growth trajectory.
- Reputation Analysis – gauging brand strength, peer reputation, and industry credibility.
- Online Engagement – evaluating digital presence, global reach, and resonance in the healthcare ecosystem.
Out of thousands of HealthTech companies reviewed worldwide, only 400 were ultimately selected, placing HealthEdge in an elite group shaping the future of healthcare.
HealthEdge: Powering the Most Important Value Streams for Health Plans
HealthEdge is widely regarded as a leader in payer technology solutions. At a time when health plans are facing a perfect storm of rising costs, increasing regulatory demands, and heightened member expectations, HealthEdge has positioned itself as a trusted partner in transformation.
Its technology is specifically designed to power health plans’ most important value streams, enabling payers to simplify complexity and achieve better outcomes for both organizations and members. The company’s portfolio spans critical operational areas, from claims administration to quality improvement, provider network management, and member engagement.
Most notably, HealthEdge is not just a software provider. It offers integrated solutions that combine technology platforms, interoperability tools, and operational expertise—a rare combination in the health technology space. This full-spectrum approach ensures that payers are not only implementing advanced systems but also achieving measurable improvements in efficiency, cost control, and clinical outcomes.
A Strategic Merger Strengthening Capabilities
One of the most significant milestones in HealthEdge’s recent history has been its merger with UST HealthProof, under the ownership of Bain Capital. This union represents a major strategic move in the healthcare payer space.
By bringing together HealthEdge’s best-in-class core payer technology with UST HealthProof’s seamless integration capabilities and operational expertise, the combined company has created a platform that can serve health plans of all sizes with unmatched efficiency.
Today, HealthEdge and UST HealthProof together support more than 115 health plans across the United States, helping them reduce administrative burdens, streamline operations, and accelerate modernization.
This merger also addresses one of the biggest hurdles in healthcare: legacy systems and fragmented technology environments that hinder progress. With the combined strength of advanced software and seasoned operational teams, HealthEdge is positioned to remove the barriers that have long slowed payer modernization.
Meeting Industry Challenges Head-On
The healthcare payer industry is at a crossroads. Health plans are under immense pressure to adapt to:
- Rising healthcare costs fueled by inflation, advanced therapies, and growing demand for services.
- Regulatory complexity, with frequent policy updates that require constant adjustments in payer operations.
- Member expectations, which now mirror consumer experiences in other industries, demanding digital-first, personalized, and seamless interactions.
- Operational inefficiencies, where outdated technology systems increase costs and slow innovation.
HealthEdge’s solutions directly respond to these challenges. By combining integrated technology platforms, interoperability software, and operational support, the company helps payers transition from outdated processes to future-ready systems. This modernization is crucial for enabling value-based care, improving outcomes, and lowering total costs.
Leadership Perspective: A Focus on Value and Outcomes
HealthEdge’s recognition by TIME and Statista also reflects the company’s leadership vision. In announcing the recognition, Kevin Adams, CEO of HealthEdge, emphasized the importance of aligning payer technology with the realities of today’s healthcare landscape.
Health plans are looking for new ways to handle rising costs and regulatory demands while meeting what their members expect,” said Adams. “HealthEdge brings together industry-leading payer technology with seamless integration capabilities and experienced operational teams. Being recognized by TIME and Statista is a testament to our team’s relentless focus on driving improved value for payers through integrated software and tech-enabled services, that can lower total costs while improving clinical outcomes.
Adams’ comments highlight the dual mission of HealthEdge: to support payers in achieving operational efficiency while also contributing to better patient and member outcomes. This balance between financial performance and clinical impact is increasingly the gold standard in healthcare technology.
A Broad Suite of Solutions
HealthEdge offers a comprehensive portfolio of solutions that address every major function of a health plan:
- Claims Administration – streamlining claim processing with speed and accuracy.
- Quality Improvement – ensuring compliance with regulatory requirements and advancing performance benchmarks.
- Payment Accuracy – reducing errors and leakage in payer-provider financial transactions.
- Provider Network Management – strengthening payer-provider relationships through efficient collaboration.
- Care Management – enabling proactive population health and member care strategies.
- Member Engagement – supporting payers in connecting with members in more meaningful and personalized ways.
- Risk Adjustment – optimizing revenue streams while maintaining compliance.
Additionally, HealthEdge offers proprietary interoperability software and a data hub, tools that are specifically designed to reduce implementation risks and improve efficiency. By enabling seamless integration across disparate systems, these solutions help payers unlock the full potential of their digital transformation initiatives.
Statista’s Role: A Data-Driven Methodology
Behind the TIME ranking is Statista Inc., a global leader in data and market insights. Statista has earned a reputation for producing reliable, independent industry rankings in partnership with major media outlets worldwide.
For the World’s Top HealthTech Companies 2025, Statista applied a rigorous methodology that blended quantitative financial metrics with qualitative insights from experts and industry peers. The result is a balanced evaluation that highlights not only profitability but also reputation, innovation, and digital influence.
This approach ensures that companies recognized—like HealthEdge—are not just financially successful but also leaders in shaping the future of healthcare.
