Modern Health’s Post

Pssssst...Did you hear? Virgin Pulse and HealthComp did a thing. Together, we are now Personify Health. In the words of our CEO - "Personify Health is ready to change the game with the industry’s first and only personalized health platform." There is a lot to be excited for - the solutions we will bring to the market, the health behaviors we can influence, the costs we can impact. Hopefully we will see you at an upcoming industry event or, better yet, our THRIVE conference. In the meantime, let's connect! Positively influencing how we "health" is going to take teamwork. Game on! 🏈

Digital health investors and analysts will see how Wall Street responds to digital health’s first U.S.-based initial public offering in 2023 before declaring another IPO window has opened.

An Ending and a Beginning ... "The future belongs to those who believe in the beauty of their dreams." Eleanor Roosevelt. This quote hangs above the door at our building at 210 John Street in Moncton. It reflects who we are – Dreamers. We – Marcel and Vera – have been dreaming and doing together for 36 years. 36 crazy, chaotic, and magical years. And for 33 those years, we’ve run businesses together. We’ve had several companies over this time: 80/20 Communications, DDx Health Strategies, Clinical Monitoring Group, HealthConnect, and p.r.n publishing. It’s time for change. After 33 successful years working within pharmaceutical and healthcare, we've ceased HealthConnect's business operations, and are creating new chapters in our lives. Vera’s new adventure includes helping companies and individuals develop "Leadership Within" through speaking and workshops related to her best-selling book, "The WORDZ We Wear: How to show up with Confidence and create your best life." Her focus is on women, yet the framework is universally applicable. For Marcel, it’s a new partnership. The assets of HealthConnect Pharmacy were acquired by Create Compounding Atlantic. Marcel is working with his new partners – Andrew, Tyson and Mahdi – setting up a central fill compounding operation to serve Atlantic Canada. It’s going to be different. Yet it’s really an evolution. HealthConnect has worked with incredible clients and vendors over the years, and helped many people establish new careers. If we learned anything, it’s that when you do what you believe is right, you can get through almost everything. When you fully support and respect one another, you can build a great business and a great relationship. When you put family first, you won’t get everything right, but you will get enough right. And when you refuse to retire, there is so much life ahead of you. Friends, family, colleagues, clients...thank you for the roles you played in our business and our success. And a special thank you to our daughter, Danai, who has quietly run the company in the background for years. Our clients know and love her and will miss her. Here’s to the next chapter. Marcel A. Gervais Vera Milan Gervais 🎤 WORDZ We Wear #veramilangervais #createcompounding #healthconnect

New Mountain Capital-backed HealthComp, a benefits and analytics platform, completed the merger with Marlin Equity Partners-backed Virgin Pulse, a global digital-first health, wellbeing, and navigation company. Financial terms were not disclosed. "Today is an exciting day for our clients, members, and employees. We are stronger together as one purpose-driven organization with the technology, talent, and opportunity to radically change how people engage with and navigate the healthcare ecosystem. 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," Chris Michalak, Virgin Pulse and HealthComp CEO. HealthComp was advised by J.P. Morgan (led by Nick Richitt) and Ropes & Gray LLP (led by Garrett Charon and Todd B. Kornreich). Debt financing was provided by Blackstone. Virgin Pulse (led by Chris Michalak) was advised by Evercore, Kirkland & Ellis (led by John Kaercher, Patrick S., Brendan Caldon and Javier Oliver) and McDermott Will & Emery. #MergersAcquisitionsDivestitures #NavigationSystem #Analytics

When I met Mary Jo Barthmaier at a Blue Venture Fund meeting last year, I knew the stars had aligned. She has guided me to shift my perspective: rather than dwelling on the flaws of our healthcare system, concentrate on the positive actions we can take as innovators to improve it. Insightin Health's focus on data-driven, personalized outcomes aligns seamlessly with Drips’ mission for effective engagement. Together, we’re targeting the common issue in healthcare of low Health Risk Assessment (HRA) completion rates. Through our collaboration, health plans can now revitalize their approach to HRAs. Our partnership allows plans to: - Better target members for HRA completions - Engage members effectively over proactive channels - Increase digital HRA completion rates, and - Follow-up with members to drive care plans More info: https://lnkd.in/gr5isUN6

💥 Our journey hasn't been without its trials. Easter's spirit of renewal and new beginnings resonates in a different way for me this year. Growing up, Easter was about the thrill of the hunt, vying for the most eggs as many can probably relate to! Yet, the symbolism of Easter – renewal and new beginnings – holds a more profound meaning for me this weekend. 🔍 This year, it symbolizes a new path in my professional journey. After serving for over 30 years as a physician, entrepreneur/founder, C-suite executive, and flight surgeon, my wife, Jennifer, and I have ventured into guiding Medtech and Healthtech leaders here in the U.S. and globally. This partnership marks the first time we've blended our professional paths, bringing unique challenges and, at the same time, joys. 🔥 Determining roles and capitalizing on our strengths has demanded patience and open, sometimes animated, discussions. But it's these challenges that have strengthened our bond and sharpened our focus. As we navigate this new venture, we're learning and growing together – professionally and personally. 🌱 Here's to new beginnings, in business and in life. #HealthcareOnLinkedIn #MedTech #HealthTech #Partnership #Easter

🚨 Big news from HealthComp! 🚨    HealthComp is embarking on its next phase of growth! 🚀 Today, we are proud to announce an agreement to merge with Virgin Pulse, the leading global digital-first health, wellbeing, and navigation company. 🤝    This merger will create a groundbreaking health platform-as-a-service company, aimed at revolutionizing the healthcare industry by addressing the issues of increasing costs and complexity facing employers and their people. By joining forces, we aim to drive down costs while enhancing health outcomes and the member experience through high-engagement, AI-powered technology. 💡    Upon the closing of the deal, which is backed by New Mountain Capital, Marlin Equity Partners, and Morgan Health, Chris Michalak will assume the role of CEO of the combined entity and Chad Harris will shift to President of the TPA. Read more about this exciting news here: https://bit.ly/3PTKnu4   #HealthTech #HealthOutcomes #HealthCosts #EmployeeBenefits  

@HealthComp and @Virgin Pulse have announced plans to merge with a focus on revolutionizing the healthcare experience for millions! Tackling healthcare’s toughest problems: 1) How do you get to members before an acute event or chronic development? 2) How do you engage members to change behaviors sustainably? 3) Perhaps the most difficult: how do you do (1) and (2) at scale, fitted and bespoke to each employer and their unique population? With this merger we posit: with better predictive modeling and 360 member data like biometrics; with better omni-channel navigation, personalized nudges, and member rewards; and with easily configurable networks, plan designs, clinical programs, and digital therapies. All in one.

🎉  Happy New Year! As we welcome 2024, we are filled with gratitude for Tresacare's journey through the last year. Here are our 2023 highlights and our aspirations for this year. 🚀  2023 Highlights: 1. Launching Tresacare & Building A Team: It's been a remarkable experience working alongside Sean Davey, Chloë Clarke, and Krystle Wong. We've fostered a team culture that thrives on support, collaboration, and fun - the heart of our success. 2. Making An Impact: Launching our Wellbeing Gyms & Training Workshops and witnessing the difference they make in care workers' lives has been profoundly fulfilling. Check out our Impact Report, featuring inspiring case studies for a deeper dive: https://lnkd.in/ep6GvMbm 3. Winning the Care Innovation Award: This achievement has been a testament to our team’s hard work and dedication. Engaging with care sector experts and like-minded innovators has supported our growth and affirmed that we are on the right track.   🌟 Looking Ahead to 2024: 💙  Scaling Our Services: We’re excited to develop a tech platform to extend our services to more care workers, magnifying our impact. 🩵 Strengthening Partnerships: Our focus will be fortifying collaborations with care providers and local authorities. By co-designing and shaping our services, we aim to build compelling case studies highlighting our effectiveness in reducing turnover rates and assisting care providers to minimise recruitment costs while elevating care quality. Here’s to a year of growth, innovation, and continued impact in the care sector! #NewYear2024 #CareSectorInnovation #TeamTresacare #ScalingImpact #carework #socialcare #newyearsresolution

We're Tuesday People and this Tuesday, join us in shining a spotlight on Corey Crowley, the driving force behind our platform technology initiatives here at Tuesday Health. Corey brings a wealth of expertise and passion to our team, and we're thrilled to have him leading the charge in reshaping the future of healthcare. What Inspired Me to Join Tuesday Health: For me, it's all about the overall mission of the company and the opportunity to integrate fascinating technologies into the healthcare space. Tuesday Health is at the forefront of innovation, and I'm excited to be a part of a team that's making a real difference. Alignment with my Values and Aspirations: Tuesday Health's mission perfectly aligns with my values and aspirations. It provides an incredible opportunity for technology-assisted disruption in an industry that desperately needs it. I'm passionate about leveraging technology to improve people's lives, and Tuesday Health's mission allows me to do just that. Personal Connection Story: The lack of supportive care in the last year of my mother's life deeply impacted me and highlighted the importance of organizations like Tuesday Health. Witnessing firsthand the challenges faced by patients and caregivers solidified my commitment to making a difference in this space. Exciting Contributions: I'm particularly excited about contributing to initiatives like Elevate and myTuesday. These projects have the potential to revolutionize the way we deliver supportive care and empower patients and caregivers on their healthcare journey. Let's continue being Tuesday People making a difference, one compassionate step at a time! #TuesdayHealth #HealthTech #SupportiveCare #Innovation 🚀💙