Virgin pulse login pwc4/28/2024 ![]() We are excited to work with Morgan Health, Blackstone, and Marlin to bring innovation at scale to this market,” said Matt Holt, President, Private Equity and Managing Director at New Mountain Capital. “The combination of Virgin Pulse and HealthComp creates the first national value-based care platform company focused on employee health and outcomes. Powered by Virgin Pulse’s daily wellbeing engagement and data-driven personalization, this transaction creates an end-to-end platform that will radically lower costs and improve member outcomes.” ![]() “With concierge-level service, rich analytics, and expert medical cost management, HealthComp ensures that employers can make informed benefits decisions that align with the needs of their employees and businesses. “Self-insured employers pay for almost half of the nation’s healthcare expenditures and now require more innovative and affordable solutions,” said Chad Harris, HealthComp CEO. We are eliminating waste, friction, and preventable risks by putting members and their needs at the center of the ecosystem.” “Together, we are addressing a problem that has plagued the industry for years – a misaligned, complex benefit structure that results in unmet needs and escalating costs. Our two companies have a shared mission to improve individual outcomes by engaging users early and often, and making health and wellbeing more accessible, affordable, and personal for all,” said Chris Michalak, Virgin Pulse CEO. “This combination with HealthComp creates a new category in the health space that will change the way employers address the two-fold challenge of reducing costs and improving member outcomes. ![]() Together, the combined entity expects these assets will create a better experience and lower costs for members and employers, while providing expanded opportunities for insurers and brokers to continue to partner with the combined entity. This combination will create a set of assets that will integrate plan design, plan management, payment integrity, health navigation, preventative care, and digital therapeutics through the Homebase for Health® user-centric platform. By using an advanced technology and data platform that leverages AI, the combined organization will deploy innovative and flexible health plan designs that drive improved member health outcomes, engagement, and awareness across the most important aspects of a person’s healthcare journey.Īs the healthcare industry evolves, the desire for an integrated experience in the employer-sponsored benefits ecosystem has grown exponentially. The combined entity will aim to improve health outcomes and lower costs for members and employers by empowering better information and decision making. The merger will create a technology and data powered health platform-as-a-service organization poised to tackle some of the industry’s biggest challenges. Providence, RI, and Fresno, CA, Septem– Virgin Pulse, a leading global digital-first health, wellbeing, and navigation company, today announced its intent to merge with HealthComp, a next-generation benefits and analytics platform. New Mountain Capital, Marlin Equity Partners, Blackstone, and Morgan Health to back combined entity, the industry’s first Health Platform-as-a-Service Joining forces to improve health outcomes, lower costs, and empower members through a next-generation health technology and data platform
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