12-10-14 (NY, NY)
Las Vegas-based digital health enabler SocialWellth today announced the acquisition of Happtique, creators of the first provider-led app prescribing software. Happtique was founded and wholly owned by GNYHA Ventures, the business arm of the Greater New York Hospital Association. The acquisition complements SocialWellth’s existing digital health offerings for healthcare sponsors by enabling them to be connected not only to their members, but also to providers, encompassing the total continuum of care.“Happtique and SocialWellth were two of the early market pioneers in launching digital health curation services within two distinct markets. Now, with our combined insights, resources and vision for prescriptive digital health curation solutions and services, we are poised to drive market adoption,” said David Vinson, Founder and CEO of SocialWellth. “We believe that the digital health market must shift from passive digital health to prescriptive digital health curation if we are to achieve the great potential which lies ahead with Connected Patients,” he added.
The market is converging wherein Payers who proactively leverage the reach, trust and influence of their Provider network to facilitate and enable the Connected Patient Experiences will be better poised to achieve their Digital Health Engagement Goals. The addition of Happtique to SocialWellth’s existing offerings creates an essential link to the Provider community, connecting the entire care management continuum in what is truly a patient-centered connected experience model.
“Given our product synergies as well as SocialWellth’s market position, we believe David and his team offer the perfect springboard for growing Happtique’s digital prescribing software to a more complete digital health solution,” said Lee H. Perlman, GNYHA Ventures President. SocialWellth has also retained key personnel with the Happtique acquisition who will be housed at the New York office. Evergreen Advisors, LLC served as the financial advisor to Happtique.
SocialWellth will make additional announcements on its expanded mWellth compliance suite in early 2015.
About SocialWellthSocialWellth is a Las Vegas based digital health company enabling payers, providers, and employers by delivering a wide spectrum of white label experiences and facilitating a connected experience between members and their payers. SocialWellth enables the curation of digital health experiences by leveraging mobile health technologies that allow for integration and aggregation of all digital assets, which improve the overall consumer experience. SocialWellth headquartered in Las Vegas, has regional offices in Ann Arbor, Michigan and New York, New York. Visit http://www.socialwellth.com to learn more.
About Happtique and GNYHA Ventures, Inc.Happtique was founded by GNYHA Ventures, Inc., the for-profit arm of the Greater New York Hospital Association (GNYHA). Marrying the business and science of healthcare, GNYHA Ventures, Inc. navigates the world of advocacy and innovation in order to help healthcare providers operate more efficiently and to drive industry-leading transparency and cost reduction.