Cellular-First Worker Engagement and Wellness Firm Virgin Pulse and analytics and advantages platform HealthComp, which merged in November, will change their identify to Personify Well being.
Personify combines Virgin Pulse’s choices with HealthComp’s well being plan administration options, providing a platform with well being, navigation, advantages and wellness experiences together with data-driven personalization.
The transition to Personify will happen over the subsequent few months. In the meantime, members will proceed to make use of the Virgin Pulse and HealthComp platforms all through 2024.
“As Personify Well being, we’re addressing the problems of rising healthcare prices and complexity by breaking down conventional healthcare silos and rejecting a one-size-fits-all mentality,” mentioned Chris Michalak, CEO of Personify. MobiHealthNews in an e mail.
“We’re altering the sport with our first-of-its-kind customized well being platform, which incorporates well being plan administration, complete wellness, and complete well being navigation options. With every thing in a single place, we’re optimizing investments for companies and empowering your folks. We at present affect greater than 18 million lives with our know-how and scientific consultants, and we goal to double that quantity by partaking 40 million folks worldwide by 2027 as Personify Well being.”
THE BIGGEST TREND
New Mountain Capital is almost all proprietor of Personify, together with Marlin Fairness Companions, Blackstone and Morgan Well being, the healthcare arm of JP Morgan Chase. Marlin Capital Companions acquired Virgin Pulse in 2018.
Virgin Pulse vs HealthComp merged final yr in a $three billion deal, forming a mixed entity that makes use of know-how and an AI-enabled information platform to ship well being plan designs aimed toward bettering well being outcomes for members and decreasing prices for members and employers.
On the time of the merger, the mixed firm mentioned its purpose was to drive excessive affected person engagement and scale back prices for sufferers and employers.