Friday, November 09, 2018
GetWellNetwork, the Precision Engagement health care company, announced today that it has acquired HealthLoop, a leading digital health company. With over 7.2 million annual patient interactions, HealthLoop's more than 160 dynamic care plans monitor patients and assess risk in real time, helping providers, hospitals and health systems improve patient engagement, satisfaction and health outcomes. The acquisition expands GetWellNetwork's reach into nearly 700 health care providers, placing it at the forefront of the changing health care landscape and at the heart of the patient journey.
As health care organizations adapt to the expectations of today's digital consumer, GetWellNetwork is combining its nearly two decades of experience implementing patient engagement solutions with HealthLoop's expertise in mobile technologies and digital care management. The move is designed to catalyze aggressive growth in the ambulatory space and signals plans for more long-term strategic investments in cross-continuum tools to connect patients, families and providers.
GetWell Loop will fill the post-discharge follow-up gap and unify the pre- to post-care patient experience by bringing together the key elements of convenience and coordination frequently missing from traditional care delivery.
"Adding HealthLoop to our portfolio advances our strategy to provide the most comprehensive, end-to-end digital patient and family engagement platform," said Michael O'Neil, founder and CEO, GetWellNetwork. "The changing nature of the how and where care is delivered requires dynamic solutions to meet modern engagement challenges. With HealthLoop as part of the GetWell portfolio, we're excited to help health care organizations rethink and accelerate their digital strategies."
HealthLoop tracks patient progress, monitors clinical areas of concern and automates follow-up care, helping providers, hospitals and health systems improve patient interactions and satisfaction. Built on data-backed, scalable technology, its feature-rich, cloud-native platform presents significant opportunities for integration and impact. Over 70 health care organizations of all sizes and settings, including Advocate Aurora Health, UCSF Health and LifeBridge Health, rely on HealthLoop to drive engagement and patient loyalty.
As part of the acquisition, the Mountain View, California-based team will join GetWellNetwork with CEO Todd Johnson continuing his leadership position. Johnson, who will report to O'Neil, will play a key role in ongoing product and sales strategy. GetWellNetwork will maintain HealthLoop's office in Silicon Valley, where it will serve as the company's hub for continued investment, growth and product innovation in the consumer digital health space.
"GetWellNetwork and HealthLoop are like-minded in strategy, values and culture. I'm thrilled to be working together to continue to push the boundaries of connected health," said Johnson.
"Todd and his team's contagious energy and relentless commitment to making health care better for patients shine through in HealthLoop's solutions' eye-popping utilization rates and improved outcomes," said O'Neil.
Over the next several months, the companies will jointly develop an integrated solution, GetWell Loop. The end product will tightly combine HealthLoop care pathways, remote patient monitoring, virtual check-in, and image and video evaluation capabilities with the richness of GetWell Go's prescribable workflows and step-by-step curriculum.
