Market Overview

GetWellNetwork Poised to Increase Global Footprint and Drive Digital Health Innovation Across Care Continuum in 2019

Share:

Acquired HealthLoop and Bolstered Executive Bench to Exceed Consumer
Demands and Support Growth

GetWellNetwork,
the Precision Engagement health care company reaching 10 million
patients annually, announced today a pivotal 2018 which will propel the
company into 2019 as it continues to lead the evolution of patient
engagement. The company furthered global expansion efforts, made several
executive hires and acquired
leading digital health company HealthLoop
to catalyze growth in the
ambulatory space.

GetWellNetwork's rapid growth reflects increasing global demand for
patient engagement solutions that not only meet the needs of today's
digital consumers but support cross-continuum care by better connecting
patients, families and providers anytime, anywhere. Its recent
acquisition of HealthLoop expands the company's reach to over 700 health
care organizations. Rebranded GetWell
Loop
, the solution will help organizations fill the gaps between
care settings, creating a seamless patient experience from pre- to
post-care.

"Care delivery models are changing rapidly and patients today are
expecting more personalized and consumer-like experiences regardless of
the care setting, condition or stage of the patient journey they're in,"
said Michael
O'Neil
, founder and CEO, GetWellNetwork. "We're proud to be the
strategic patient engagement partner of choice for leading providers
around the globe, enabling an end that ultimately leads to happier,
healthier patients and families."

The company also made several executive hires and organizational changes
in 2018 to help drive its next phase of growth and product innovation.
Former Advisory Board Company executive Nikia
Bergan
was brought on board as chief growth officer, former
OptumInsight executive Sameer
Siraj
joined as chief product officer and Peter
Keating
, also from Advisory Board Company, assumed the role of chief
people officer. Nazir
Rostom
returned to GetWellNetwork as chief financial officer from
RLJ Entertainment, Inc. (NASDAQ:RLJE) and former HealthLoop CEO Todd
Johnson joined the executive team as senior vice president, ambulatory
solutions.

Following the expansion of its leadership team, the company embarked on
a thoughtful restructuring that aligned the clinical team and the
company's client services organization to assure client success. The
year was also marked by significant client momentum both in the U.S. and
internationally, touting new clients and deployments in United Arab
Emirates and Ireland. Notable 2018 wins include Adventist, Methodist Le
Bonheur Healthcare and King's College Hospital London, Dubai.

Additional 2018 milestones for GetWellNetwork include:

  • 100 percent in renewals from existing VA Medical Center
    clients, and continued growth and expansion with the Veterans Health
    Administration, confirming the company's strength within the
    government sector
  • 3.6 million patient visits processed by digital onboarding
    solution GetWell
    Practice
    , which deployed in 68 new clinic locations last year (a
    35 percent increase over 2017), highlighting the company's growing
    ambulatory footprint
  • 20 percent growth in employee base since January 2018,
    signaling a commitment to maintaining a strong foundation for future
    growth and scalability
  • Double-digit increases on Hospital Consumer Assessment of
    Healthcare Providers and Systems (HCAHPS) patient satisfaction scores
    reported by clients, indicating value on investment in the company's
    cross-continuum solutions suite

To learn more about how GetWellNetwork is improving patient engagement,
satisfaction and health outcomes, visit getwellnetwork.com.

About GetWellNetwork
GetWellNetwork is the Precision
Engagement health care company. Our solutions engage patients and
families, empower clinicians and deliver outcomes that matter. From
inpatient to outpatient, to physician practices and urgent care clinics,
to patients on the go, GetWellNetwork offers the only cross-continuum
platform that performs across every care setting. Learn more at
getwellnetwork.com or follow @GetWellNetwork on social media.

©2019 GetWellNetwork, Incorporated. All rights reserved.
GetWellNetwork®, the GetWellNetwork logo, Precision Engagement™, GetWell
Loop™ and GetWell Practice™ are either registered trademarks or
trademarks of GetWellNetwork, Incorporated in the United States and/or
other countries. All other trademarks are the property of their
respective owners.

View Comments and Join the Discussion!
 
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Daily Analyst Rating
A summary of each day’s top rating changes from sell-side analysts on the street.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com