Cellular-first worker wellness and engagement firm Virgin Pulse and advantages and analytics platform HealthComp, which merged in November, are rebranding below the identify Personify Well being.
Personify combines Virgin Pulse’s choices with HealthComp’s well being plan administration options, providing one platform with well being, navigation, advantages and wellbeing experiences alongside data-driven personalization.
The transition to Personify will happen over the subsequent a number of months. Within the meantime, members will proceed using the Virgin Pulse and HealthComp platforms all through 2024.
“As Personify Well being, we’re addressing the problems of accelerating healthcare prices and complexity by breaking down conventional healthcare silos and rejecting a one-size-fits-all mentality,” Chris Michalak, CEO of Personify, informed Our blogNews in an e-mail.
“We’re altering the sport with our first-of-its-kind personalised well being platform that includes well being plan administration, holistic well-being and complete well being navigation options. With it multi functional place, we’re optimizing investments for companies and empowering their individuals. At the moment impacting greater than 18 million lives with our expertise and medical consultants, we intention to greater than double that by participating 40 million individuals worldwide by 2027 as Personify Well being.”
THE LARGER TREND
New Mountain Capital is almost all proprietor of Personify, alongside Marlin Fairness Companions, Blackstone and Morgan Well being, the healthcare arm of JP Morgan Chase. Marlin Fairness Companions acquired Virgin Pulse in 2018.
Virgin Pulse and HealthComp merged final yr in a $3 billion deal, forming a mixed entity that makes use of expertise and an AI-enabled knowledge platform to supply well being plan designs geared toward enhancing member well being outcomes and reducing prices for members and employers.
On the time of the merger, the mixed firm mentioned it aimed to drive excessive affected person engagement and decrease prices for sufferers and employers.
