This morning hybrid healthcare supplier Premise Well being introduced its buy of digital corporate-wellness device Sonic Increase Wellness for an undisclosed sum.
As a part of the deal, Premise Well being could have entry to Sonic Booms’ digital engagement platform, which might observe customers’ exercise, well being habits and challenge-setting options. Sonic Increase makes a speciality of creating customized wellness packages and challenges for employers to offer to their community.
The platform has three modules, together with one for engagement, one other for incentive administration and a 3rd for well being monitoring. The tech permits members to compete with their friends and observe objectives.
WHY IT MATTERS
Premise Well being is trying to make use of this M&A as a method to interact members and supply extra digital goal-setting instruments. At present Premise Well being provides each digital and in-person care. Its digital device at the moment embrace telemedicine, built-in related gadgets and different merchandise in a digital surroundings.
“The way in which folks entry well being care is evolving,” stated Premise Well being president Jami Doucette. “Sonic Increase is an innovator within the engagement house with the confirmed capability to encourage members by significant actions and content material. We sit up for increasing our onsite and near-site wellness facilities and the Premise Digital Wellness Heart with Sonic Increase’s engagement platform, with the objectives of selling wholesome habits and enhancing total well being and wellbeing.”
THE LARGER TREND
That is Premise Well being’s second acquisition within the final six months. Beforehand it bought CareHere, a wellness supplier additionally centered on the self-insured employer house.
Inside the previous few years, worker wellness merchandise have more and more gone digital. Lots of the large wearables corporations have joined the employer and insurer wellness house. In reality, in 2018, Fitbit teamed up with Blue Cross Blue Protect too provide its merchandise at a reduced fee to members.
Moreover, UnitedHealthcare added Fitbit, Garmin, Samsung and Apple Watches to its Movement worker wellness program. Apple additionally teamed up with Aetna to announce a wellness program that leverages well being information, a customized app and the Apple Watch.