Virgin Pulse Acquires Workplace Wellness Company SimplyWell

GoLocalProv

Virgin Pulse Acquires Workplace Wellness Company SimplyWell

David Osborne
Virgin Pulse announced that it has acquired the workplace wellness company SimplyWell. 

The acquisition follows the completion of Virgin Pulse’s merger with RedBrick Health earlier this year, as GoLocalProv reported. 

“With employers shifting towards health management platforms that combine engagement and clinically-focused solutions, the addition of SimplyWell’s condition management coaching, claims analytics and reporting capabilities allows us to expand the breadth of our employee health and wellbeing offering by helping the highest risk employees manage chronic, costly conditions. We remain committed to pursuing additional complementary acquisitions and making significant investments in R&D to further distinguish ourselves as a world-class, innovative leader and bring us closer to delivering our vision of creating a safe, trusted experience that supports employees across the full health and wellbeing continuum,” said David Osborne, CEO of Virgin Pulse.

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SimplyWell will be rebranded as Virgin Pulse by the end of 2018. The combined organization will be headquartered in Providence, and will maintain an office in Dallas, Texas, along with five additional U.S. offices, as well as global centers of excellence in multiple international locations, including Australia, Canada, the United Kingdom, Switzerland, Bosnia, Brazil, and Singapore.

Rajiv Kumar, the founder of Shape Up RI which is now functionally Virgin Pulse, tweeted, "we did it again! Virgin Pulse has acquired another leading employee wellbeing company (our 7th M&A deal in under 3 years), continuing to execute on our long-term vision to consolidate our fragmented space and drive accelerated innovation. Welcome to the family Viverae/SimplyWell!"

The Acquisition

With the acquisition, Virgin Pulse clients now have access to condition management across 22 identifiable conditions, including heart disease, diabetes, and obesity.

SimplyWell’s analytics and claims reporting capabilities will be integrated into the Virgin Pulse platform to provide clients with deeper insight into health issues and key healthcare cost drivers that can be analyzed and supported with claims data.

Virgin Pulse’s digital engagement platform is available to SimplyWell clients immediately.

Deep condition management coaching, as well as advanced claims analytics and reporting, will be available to Virgin Pulse clients in quarter three of 2019.


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