employee wellness

By Jonah Comstock February 19, 2018
Last week, Fitbit announced that it was acquiring Twine Health for an undisclosed sum. The news came as a surprise to many who still think of Fitbit as primarily a consumer-facing wearable device company. But an increasingly large slice of Fitbit is Fitbit Health Solutions, the company’s employee wellness business. And for Fitbit Health Solutions, Twine Health — which itself pivoted toward the...
By Jonah Comstock February 12, 2018
Merck subsidiary StayWell, which offers a preventative health platform for employers, health plans, and health systems, has acquired Provata Health for an undisclosed sum. Provata Health makes a digital health platform for employee wellness, which includes a chronic disease management program incorporating a connected scale and blood pressure monitor; a lifestyle management platform that...
By Dave Muoio February 6, 2018
Wellness program technology firm Vitality Group today announced the launch of its Gateway program, a series of partnerships that brings digital chronic care, mental health care, and other wellness offerings to its US corporate membership. Through the program, employee members will gain access to seven health companies’ offerings: Vida Health, a digital chronic care coaching company; Headspace, a...
By Laura Lovett December 1, 2017
Health engagement company, Revel, just landed $17 million in funding led by TT Capital.  The Minneapolis-based company caters primarily to payers, including large enterprises. It also sells its product to risk-based providers.  “We are a software service company and we have a platform that manages campaigns for engaging people to make better decisions for [their] health,” Jeff Fritz, president...
By Jonah Comstock June 27, 2017
London-based BioBeats has signed a distribution agreement with European health insurer AXA PPP that will put its app, Hear and Now, into the hands of tens of thousands of employees at companies like JP Morgan and KPMC. "Hear and Now" is designed to help employees cope with work stress. It monitors a user’s heart rate and respiration while providing the user with mindful breathing exercises to...
By Jonah Comstock May 4, 2017
Fitbit is showing signs of rebounding after a weak Q4 that saw layoffs and restructuring for the wearable company. In its Q4 earnings call, the company reported a net loss per share of 15 cents, compared to a projected loss of 18 percent.  “Twenty-seventeen marks a 10-year anniversary for the company,” CEO James Park said on the company’s earnings call. “We have accomplished much over this period...
By Heather Mack January 18, 2017
Employee wellbeing and engagement programs are becoming more of a top priority for employers, although just how to integrate them into a work culture isn’t always clear, according to a recent survey from wellness and engagement company Virgin Pulse. Among a pool of 600 human resources and benefits leaders, the survey found 78 percent of respondents believe wellbeing is a key component of their...
By Jonah Comstock January 17, 2017
Joyable, a San Francisco-based behavioral health technology startup has layed off 20 people (half its staff) and pivoted its business, with plans to refocus on its enterprise emloyee wellness offering rather than the direct-to-consumer business that has been the company's main focus up until now. Fortune broke the news. "We let a number of talented people and friends go this week," CEO Peter...
By Jonah Comstock January 10, 2017
Greenville, South Carolina-based Proactive MD, which offers onsite health management services to employers (including full direct primary care services) has acquired Charlotte, North Carolina-based Verimoov, an employee wellness and patient engagement company offering a mobile app to track employees' movement and activity. The terms of the acquisition were undisclosed. "It is our vision to...
By Jonah Comstock January 5, 2017
San Francisco-based Castlight Health, which offers consumers a personalized health shopping platform, has announced the strategic acquisition of Mountain View, California-based digital health benefits platform Jiff. Castlight will pay about $135 million in the form of 27 million Castlight shares and options issued to Jiff equity holders. The two companies are both relatively early entrants into...