Progyny Inc (Progyny) is a benefits management company that offers fertility and family-building benefits solutions. The company offers integrated pharmacy benefit solutions and care management services which include simplified authorization, formulary plan design, assistance, pharmacy support services, medication administration training, and continuing patient care advocate support. Progyny utilizes its data-driven and disruptive platform to develop fertility solutions. The company serves employers, patients, and physicians across an array of industries. It serves customers throughout the US. Progyny is headquartered in New York, the United States.
Headquarters
United States of America
Address
1359 Broadway, New York, 10018
Website
www.progyny.com
Telephone
1 212 8883124
No of Employees
563
Industry
Business and Consumer Services
Ticker Symbol & Exchange
PGNY (NASD)
Revenue (2022)
$1.1B
38.3%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
104.4%
(2022 vs 2021)
Market Cap*
$3.1B
Net Profit Margin (2022)
XYZ
47.7%
(2022 vs 2021)
* As of and is in US$
Products and Services
| Services |
|---|
| Care Management |
| Simplified Authorization |
| Assistance |
| XYZ |
| XYZ |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Contracts/Agreements | In January, the company was selected by Vistia Health to become the preferred fertility and family-building benefits provider for Vistia Health clients. |
| 2023 | Contracts/Agreements | In June, the company entered into an agreement with Quantum Health under which Quantum Health will fully integrate Progyny’s solution. |
| 2023 | Contracts/Agreements | In March, the company entered into a partnership with the National Basketball Association’s Detroit Pistons under which the Detroit Pistons will access to equitable and comprehensive family building care that its diverse workforce requires. |
Competitor Comparison
| Key Parameters | Progyny Inc | The Cigna Group | Molina Healthcare Inc | Aetna Inc | Blue Cross and Blue Shield Association |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | New York | Bloomfield | Long Beach | Hartford | Chicago |
| State/Province | New York | Connecticut | California | Connecticut | Illinois |
| No. of Employees | 563 | 72,500 | 18,000 | - | - |
| Entity Type | Public | Public | Public | Private | Institution |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| David Schlanger | Chairman | Executive Board | 2017 | 63 |
| Beth Seidenberg | Chairman | Executive Board | 2015 | 65 |
| Peter Anevski | Chief Executive Officer; Director | Executive Board | 2022 | 53 |
| Mark Livingston | Chief Financial Officer | Senior Management | 2020 | 57 |
| Steven Leist | Chief Technology Officer | Senior Management | 2024 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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