HealthRight to Acquire HealthNEXT in a Move to Deliver on the Promise of Population Health Management
Companies agree to terms in stock deal to close in the next 45 days
PR Newswire
CONSHOHOCKEN, Pa., June 30, 2016
CONSHOHOCKEN, Pa., June 30, 2016 /PRNewswire/ — HealthRight, the most comprehensive ehealth services provider, today announced that it has agreed to terms in the acquisition of HealthNEXT, a firm dedicated to the development of organizational and corporate cultures of health. HealthNEXT is a leader in establishing evidence-based employer roadmaps for achieving benchmark cultures of health and well-being based on its proprietary research of organizations who have already achieved success. The combined Company will deliver on the promise of population health management by delivering a full continuum of integrated care coordination to health consumers and patients.
“We are very excited to be adding the experience, knowledge and talents of the HealthNEXT team to our expertise in telemedicine, consumer engagement and patient care management,” said John Palumbo, CEO of HealthRight. “HealthNEXT has spent the last seven years developing a toolset that can assist any large or mid-sized employer achieve a sustainable culture of health. Its programs are extremely valuable and help unite and align employers, employees and provider networks in a common quest – putting health to work while lowering overall healthcare costs.”
This merger builds on the recent AngelRush/MDAligne merger, in July 2015, which served as the platform for this next phase of stepwise profitable growth. With a strong organic and inorganic growth strategy, this new entity aims to create a dominant position in the market, with the goal of becoming the breakthrough leader in evidence-based 360 population health/eHealth solutions for consumers, employers and payers.
“The unification of HealthNEXT and HealthRight provides a unique combination of products and services to meet the goals of population health management,” said Dr. Ray Fabius, Co-Founder and Vice-Chairman of HealthNEXT. “Our combined capabilities result in a markedly advantaged solution set for all we serve, strategically bending the cost curve, while increasing patient quality of care and satisfaction.”
To learn more about HealthRight’s consumer health services, please visit www.healthright.com. To learn more about workforce population health strategies, please visit www.healthnext.com.
About HealthRight LLC
HealthRight LLC, based in Conshohocken, PA, with offices in Largo, FL and San Francisco, CA is the only comprehensive ehealth services provider that transforms the consumer health experience from a challenging, costly headache to a personalized, affordable and convenient experience. Since its inception, HealthRight has conducted over one million teleconsults and has formed a network of over 4 million members. HealthRight gives patients peace of mind when they need it most – at work, in the middle of the night, on holidays, or when their child is sick. With HealthRight, patients always know the right next step – whether that’s to talk to a doctor, find a specialist, or hang up and go to the closest ER. Through HealthRight’s network, health care is convenient, cost effective, and just a phone call away. For more information, visit healthright.com
About HealthNEXT
Headquartered in Philadelphia, HealthNEXT, is a leading developer of workforce population health strategies. The company has developed a Six Sigma approach to population health that breaks each constituent component of the employee healthcare experience into a series of data points that can be tracked over time. By proactively analyzing and systematically improving performance against these benchmark data points, HealthNEXT, helps companies improve the health of their workforce and bend their health care costs curve. For more information, please visit http://healthnext.com
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SOURCE HealthRight
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