New Mountain Capital is a New York-based investment firm that emphasises business building and growth, rather than debt, as it pursues long-term capital appreciation. HealthComp has offices in California, Illinois, Kentucky, West Virginia, Louisiana, and Pennsylvania. HealthComp integrates seamlessly with any benefits ecosystem to drive a personalised experience that delivers higher clinical outcomes at lower costs. Our next generation benefits and analytics platform brings together concierge-level service, best-in-class operations, powerful analytics, and expert medical cost management. We advocate for our members to get the best possible care suited for their unique needs. HealthComp, a New Mountain Capital company, has a customised and responsive approach to health benefits administration. For more tips and insights, connect with us on Twitter or LinkedIn. Virgin Pulse’s Homebase for Health® connects data, people, and technology to deliver high tech, human touch experiences that engage and reward individual journeys. Virgin Pulse impacts over 100 million people across 190 countries by helping Fortune 500, national health plans, and many other organisations change lives – and businesses – for good. Virgin Pulse is a leading digital-first health, wellbeing, and navigation company that empowers organisations across the globe to activate populations, improve health outcomes, and reduce spend in an era of accelerating cost and complexity. Evercore acted as financial advisor to Virgin Pulse, with Kirkland & Ellis LLP and McDermott Will & Emery LLP serving as legal advisors. HealthComp’s legal counsel was Ropes & Gray LLP. Morgan Securities LLC acted as financial advisor to HealthComp. Other shareholders include Blackstone and Morgan Health. Marlin Equity Partners will maintain minority ownership. New Mountain Capital is the majority owner of the new company. This combination will deliver on the ultimate vision of the Homebase for Health platform, and I’m looking forward to making a bigger impact on the lives of millions of people.” “We are stronger together as one purpose-driven organisation with the technology, talent, and opportunity to radically change how people engage with and navigate the healthcare ecosystem. “Today is an exciting day for our clients, members, and employees,” said Chris Michalak, CEO of Virgin Pulse and HealthComp. Whole health advocacy, support, and navigation with an integrated approach– Leading to improvements such as 48% lower inpatient costs for members and a 3:1 value-on-investment for clients.A high-engagement member experience with concierge-level service for clients and members – Driving members to return an average of 6 times daily and a sustained engagement rate of up to 50%.Innovative and flexible health plan designs that meet their employees’ unique needs – Resulting in an average savings of up to $3,000 per employee per year.The new, unified company aims to reduce healthcare costs and improve outcomes by delivering a comprehensive health platform-as-a-service that leverages leading technologies and AI-driven data models to significantly improve member decision-making and behaviour. Together, the new company will address the issues of increasing healthcare costs and complexity with an innovative, holistic approach that brings together engaging technology, data, and expert services in an all-in-one platform. Providence, RI, and Fresno, CA, Novem– Virgin Pulse, a leading global digital-first health, wellbeing, and navigation company, and HealthComp, a next-generation benefits and analytics platform, today announced the completion of their merger. New company poised to improve costs and outcomes with comprehensive employer health platform that combines AI-powered technology, valuable data insights, and live expert support.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |