With Welltok’s $80M acquisition, it gains use of hospitals

Welltok, an electronic health business that developed some tools to personalize physical fitness goals for health plan people and also the employer wellness market, makes another acquisition, this time around to include hospitals to the subscriber base.

It acquired Tea Leaves Health from Ziff Davis, a subsidiary of j2 Global for $80 million. Their SaaS analytics tools are utilized by greater than 400 hospitals to target consumers and physicians with coordinated engagement campaigns, a news release noted. 

“Similar to how health plans and employers are expanding beyond their traditional look at people and employees, correspondingly, innovative hospital systems will also be extending their focus beyond patients’ instances of care and recognizing the necessity to develop and sustain ongoing relationships,” stated Shaun Margolis, Welltok’s chairman and Chief executive officer within the release.

He added that Welltok and Tea Leaves shared the “same DNA” with how they create SaaS tools to alter how healthcare enterprises use customers to improve health.

Just before Tea Leaves, Welltok had made several acquisitions to aid its CaféWell Health Optimization platform.

Silverlink, a healthcare communications firm, helps health plans interact with older adult people and it has past dealing with Medicare and State medicaid programs populations.

Predilytics, a healthcare data mining and analytics business, was intended to make its population health management technology better quality. Its technology gives Wellok more feedback on user engagement.

Mindbloom, a San antonio-based gaming developer that actually works with insurers to supply happy to guide and motivate their people to consider healthy behaviors. Welltok stated at that time it might add Mindbloom’s mobile health gaming apps to the Café Well platform.

Zamzee, a business that develops programs tailored for children and families to improve their activity levels.

Image: Nicol??s Mero??o, Getty Images

MedCity ENGAGE, October 23-24 in North Park, concentrates on the most recent strategies and innovations to boost patient engagement, care delivery and company wellness. Use code MCNTAG in order to save $50.

Leave a Reply

Your email address will not be published. Required fields are marked *