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Vitality Acquires Ramp Health to Create New Standard in Integrated Health and Risk Mitigation

#AcquisitionNews--Vitality, a global leader in supporting better health through behavior change, has today announced the acquisition of Ramp Health, a top provider of employer onsite healthcare, safet...

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Acquisition expands Vitality’s footprint across employer health and safety, helping mitigate risk for employers and control healthcare and workers’ compensation costs

CHICAGO: #AcquisitionNews--Vitality, a global leader in supporting better health through behavior change, has today announced the acquisition of Ramp Health, a top provider of employer onsite healthcare, safety, and risk mitigation services, to create a unique integrated healthcare offering that covers the full spectrum of employer health risk exposure, from chronic disease management to occupational safety.

The acquisition will see organizations able to access Vitality’s comprehensive health behavior change platform with Ramp Health’s clinical and coaching expertise offered onsite within an organization.

The move by Vitality reflects the need for a solution to bridge the gap that exists between digital health solutions and high-touch, in-person clinical intervention to have a bigger impact on employee health and risk. It recognizes that traditional, isolated, singular solutions are only one part of a solution to better employee health and lower health risk for a business.

A Fundamentally Differentiated Model

Rising healthcare and workers’ compensation costs continue to be driven by chronic disease prevalence, injury exposure, and delayed intervention. This acquisition will enable employers to move away from managing these risks through individual vendors and better manage the underlying risks end-to-end.

Vitality’s long established and proven* approach to health engagement, and their actuarial understanding of how to drive behavior change in individuals was recently enhanced with the introduction of Vitality AI. This now generates a greater understanding of an individual’s health risk based across multiple data points and bringing lifestyle data, such as activity, together with medical claims to offer hyper personalized AI-enabled precision and insights at scale across businesses. This creates a healthier, more enabled, and informed employee base. This is all offered in both an evidence-based and engaging way, for a higher impact.

The introduction of Ramp Health further enhances and differentiates this model, providing human intervention when needed. Employers will be able to access on-site clinicians, coaches, and safety professionals to support employees to take actions that improve their health, further reducing the health and safety risk and driving healthier lives.

The new Vitality offering is a unique solution in the market and will support employers to manage medical claims and workers’ compensation costs through a single, end-to-end solution, with data-driven recommendations for employees translating into measurable, life-changing actions.

“Employers are looking for solutions that move beyond fragmented point offerings to deliver measurable health and safety outcomes for their employees,” said Maia Surmava, CEO of Vitality U.S. “This acquisition strengthens Vitality’s ability to pair sophisticated AI, predictive analytics, and behavior change science that supports better health outcomes, with trusted clinical and safety expertise, creating a seamless experience across digital, virtual, and onsite touchpoints. Together, we will deliver a more accountable and outcomes-focused model that will positively change and impact the lives of employees.”

Addressing the Full Spectrum of Employer Risk

The new platform enables employers to:

  • Integrate medical and occupational data to identify and stratify risk across employee populations.
  • Reduce avoidable medical and pharmacy spend through targeted, evidence-based condition management and personalized coaching.
  • Mitigate workers’ compensation exposure through workplace injury prevention, injury triage services, musculoskeletal safety programs, and clinical care offerings.
  • Make care more accessible through a coordinated model that delivers support across a wide continuum of care, digitally, virtually, and onsite. Offer care closer to where employees work, driving engagement, improving health outcomes, preventing injuries, and better managing both healthcare and workers’ compensation costs.
  • Further expand Vitality’s condition management capabilities available for employers across diabetes, obesity and GLP-1 support, and cardiovascular health, with Ramp Health providing targeted national onsite service delivery infrastructure.

“Becoming part of Vitality allows us to take what Ramp does best and deliver it at a far greater scale,” said Rob Putnam, CEO of Ramp Health. “Together, we can amplify the reach and impact of our frontline healthcare and safety professionals and deliver even greater outcomes for organizations and their people.”

Vitality’s outcomes and impact on employee health are independently validated. An impact study reviewed by actuaries at Arbital Health demonstrated a 180% ROI and 4% savings on medical claims. Vitality is also endorsed by the Validation Institute for outcomes through Vitality Status – the central engagement and rewards mechanism in the Vitality experience, and a proven tool for risk segmentation and dynamic benefits design.

Vitality received legal advice from Taft and financial guidance from Houlihan Lokey.

Notes to editors:

*Vitality impact:

  • 23% reduction in at-risk customers/employees vs expected​
  • 21% lower risk-adjusted in-hospital costs for engaged Vitality customers​/employees
  • 82% of customers​/employees maintain or reduce their health risk​
  • 64% of customers​/employees with high blood pressure reduce their readings​
  • Models trained on >4 petabytes of behavior-linked insurance data​
  • >60 million life years of data across demographic, behavior, health risks, and claims.​
  • 40% of customers​/employees complete device-verified workouts each month
  • 67% of obese coaching participants lose weight at an average of 14lbs
  • 87% of coaching participants with extreme stress report improvement

About Vitality

Guided by a core purpose of making people healthier, Vitality is the leader in improving health and unlocking outcomes that matter. By blending industry-leading smart technology, data, AI, incentives, and behavioral science, Vitality inspires healthy changes in individuals and organizations. More than 52 million lives have access to Vitality across Europe, the Americas, Asia, Africa and Oceania. For more information, visit vitalitygroup.com.

About Ramp Health

Ramp is a comprehensive, full-service risk mitigation provider that partners with employers, government agencies, and insurers to improve employee health and safety, increase engagement, and reduce healthcare and workers’ compensation costs. By combining a personalized digital platform with integrated onsite and virtual coaching and clinical services, Ramp delivers a holistic, end-to-end solution that differentiates it from traditional occupational health and digital-only vendors.

Fonte: Business Wire

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