HealthPartners

HealthPartners

Overview

About HealthPartners

Simplify's Rating
Why HealthPartners is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Healthcare

Company Size

5,001-10,000

Company Stage

Debt Financing

Total Funding

$116M

Headquarters

Bloomington, Indiana

Founded

1957

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Simplify's Take

What believers are saying

  • Simplica targets employers wanting copay-only, price-transparent benefits with provider comparisons.
  • CareConnect HQ expands self-funded coverage through Quartz for large employers.
  • New CFO and chief legal officer strengthen capital planning and regulatory execution.

What critics are saying

  • Medical costs rose 11%, while specialty drugs increased 10.4%.
  • Operating loss of about 1% leaves little cushion against utilization spikes.
  • Facility expansion and new plan launches risk execution slips and margin pressure.

What makes HealthPartners unique

  • Integrated care and coverage since 1957 across hospitals, clinics, health plans.
  • Consumer-governed nonprofit prioritizing affordability, access, and transparency for members.
  • Advanced genetics, AI oncology, and member navigation tools deepen personalization.

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Funding

Total Funding

$116M

Above

Industry Average

Funded Over

2 Rounds

Debt funding comparison data is currently unavailable. We're working to provide this information soon!
Debt Funding Comparison
Coming Soon

Benefits

Health Insurance

Dental Insurance

401(k) Company Match

Paid Vacation

Life Insurance

Disability Insurance

Professional Development Budget

Company News

HealthPartners
May 18th, 2026
HealthPartners names Sarah Karlgaard chief legal officer

HealthPartners names Sarah Karlgaard chief legal officer. May 18, 2026 BLOOMINGTON, Minn. - HealthPartners today announced that Sarah Karlgaard will join the organization as senior vice president and chief legal officer beginning May 18. Karlgaard will oversee legal, clinical risk management, integrity and compliance, physical security and sustainability. She will work closely with executive and operational leaders to advance strategic priorities while ensuring strong legal and regulatory stewardship. "We're excited to welcome Sarah to the HealthPartners team," said Andrea Walsh, HealthPartners president and CEO. "She is a collaborative leader with strong expertise in navigating complex legal and regulatory environments. Her perspective and partnership will help us advance our mission while continuing to innovate and improve the care experience." Karlgaard brings 20 years of legal experience, including six years as a general counsel. Throughout her career, she has provided legal and compliance guidance and served as a strategic partner on innovation and transformation initiatives across health services, care delivery and medical device organizations. Most recently, Karlgaard served as vice president, general counsel and secretary for FUJIFILM Holdings America Corporation. In that role, she led the legal function across 23 subsidiaries serving consumer, health care and business-to-business markets throughout the United States, Canada and Latin America. She was responsible for legal and governance matters across the organization. Karlgaard earned her law degree from Drake University Law School and a bachelor's degree in business from Concordia College in Moorhead, Minnesota. She lives in the Twin Cities with her husband and two children. About HealthPartners HealthPartners is a nonprofit organization with a mission of improving health and well-being in partnership with its members, patients and community. An integrated system of care and coverage since its founding in 1957, HealthPartners operates hospitals and clinics, health plans, and a research and education institute. The Minneapolis-based organization serves more than 1.4 million patients in Minnesota and Wisconsin and 1.4 million medical and dental health plan members nationwide. For more information, visit healthpartners.com.

Western Collegiate Hockey Association
Feb 13th, 2026
WCHA and HealthPartners Announce First Partnership

WCHA and HealthPartners announce first partnership. The Western Collegiate Hockey Association and HealthPartners, a non-profit integrated healthcare organization based in Minneapolis, have agreed to a partnership in support of the 2026 Kwik Trip WCHA Final Faceoff. HealthPartners will serve as a tournament sponsor, which takes place from March 5th-7th at the Lee & Penney Anderson Arena on the campus of the University of St. Thomas. "HealthPartners is a leader in Minnesota for health and well-being," said WCHA Commissioner Michelle McAteer. "They champion healthcare and coverage, so it's fitting to have them on board as our teams compete for a championship! We share the same values of community engagement, mental health, nutrition and fitness, and we are proud to partner with such a prestigious organization." HealthPartners support and collaboration of the 2026 WCHA Kwik Trip Final Faceoff demonstrate its commitment to the sport of hockey which includes partnerships with women's and girl's hockey teams at all levels from professional to collegiate to local high schools and community programs. For more information on the Western Collegiate Hockey Association, follow the league on X and Instagram @WCHA_WHockey, and online at wcha.com. ABOUT HEALTHPARTNERS HealthPartners is a nonprofit organization with a mission of improving health and well-being in partnership with its members, patients and community. An integrated system of care and coverage since its founding in 1957, HealthPartners operates hospitals and clinics, health plans, and a research and education institute. The Minneapolis-based organization serves more than 1.3 million patients in Minnesota and Wisconsin and 1.7 million medical and dental health plan members nationwide. For more information, visit healthpartners.com. ABOUT TRIA ORTHOPEDICS TRIA Orthopedics is part of HealthPartners, a nonprofit organization with a mission of improving health and wellbeing in partnership with its members, patients and community. A leader in orthopedic, sports medicine and rehabilitative care, TRIA brings together exceptional clinical and surgical expertise with worldclass research and innovative programs, including the Twin Cities' first orthopedic urgent care walkin clinic and TRIA GameFace, a premier sports performance offering. TRIA's sports medicine specialists have served as official team physicians for Minnesota's professional sports teams for more than 30 years. With multiple locations across the Twin Cities and western Wisconsin, TRIA provides convenient access to comprehensive care for patients of all ages and activity levels. For more information, visit tria.com.

O'Rourke Media Group
Mar 23rd, 2025
HealthPartners earns quality award for innovation in patient care

HealthPartners accepted the award Feb. 27 at WHA's 2025 Quality and Patient Safety Awards dinner in Madison, Wis.

HealthPartners
Dec 9th, 2024
HealthPartners welcomes Tim Thull as chief technology officer

BLOOMINGTON, Minn. - HealthPartners today introduced Tim Thull as the organization's new senior vice president and chief technology officer.

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