MINNEAPOLIS, Oct. 1, 2020 /PRNewswire/ — Revel and NovuHealth, two of the nation’s primary health care customer engagement, communications and technological know-how companies, currently announced a merger of the organizations productive promptly. The merger establishes Revel and NovuHealth as the premier technological know-how enterprise focused on member engagement for healthcare’s most reliable businesses. NovuHealth CEO Steve Wigginton will serve as CEO, though Revel CEO Jeff Fritz will transition to an advisor to the CEO and the board of administrators of the merged firm.
“There is monumental tension to motivate health actions as well being designs, federal and condition regulators, and consumers all glimpse for new methods to interact with the healthcare system and impression results,” reported Steve Wigginton, CEO of NovuHealth. “Jeff and his crew built Revel into a higher-expansion firm that has been revolutionizing the health care motion house. Now, put together with the deep sector and regulatory experience of NovuHealth, such as market place leading abilities in combining the two extrinsic and intrinsic benefits, we have an unparalleled means to provide customized, omnichannel communications at scale throughout health care. We look at this both equally a technological and approach gain for the merged corporation.”
“This merger produces a dream crew of experts in customer marketing, behavioral science, health care regulatory skills, details science and technology,” claimed Jeff Fritz, CEO of Revel. “This is a rare prospect to hook up the complementary character of the Revel and NovuHealth platforms to produce personalization at scale for the most dependable healthcare companies. The consequence is a system designed to attain the full spectrum of customers together with the hardest to attain, noncompliant individuals who are the toughest to inspire to just take balanced actions,” Fritz said.
Together, Revel and NovuHealth operate with extra than 50 health care organizations, like 7 of the leading 10 largest wellness insurers in the United States symbolizing much more than 65 percent of all users in authorities programs these types of as Medicare and Medicaid.
“These are two mission-pushed providers that have the requisite systems, creativeness and organization acumen to revolutionize the at any time-increasing healthcare communications and engagement marketplace,” remarked Kevin Barrett, chairman of Revel and previous executive vice president of Improve Health care and president of the Altegra Wellness division. “Today’s announcement will appear as welcome information to healthcare companies dealing with amplified regulatory and financial tension to get their members to take healthful steps.”
“NovuHealth was founded to interact and empower consumers to make selections that lead to healthier lives,” reported Tom Wicka, founder and chairman of NovuHealth. “This merger extends the system and capabilities of equally corporations to positively impression the folks we provide.”
Above the program of the future several months, the Revel and NovuHealth groups will be performing to merge their gross sales and advertising operations, shopper experience, operations and product or service teams. The society of this organization will be reflective of both of those businesses, which are by now rather related in this regard. The new organization will carry on to run in advancement manner and expects to incorporate specialist talent by means of the equilibrium of the year. The enterprise will reveal a new manufacturer for the combined enterprise in the new calendar year. Much more particulars about the merger and its impression can be observed at www.therevolutioncontinues.health and fitness.
TripleTree, LLC served as economical advisor and Bass, Berry & Sims PLC was authorized advisor for this transaction.
About Revel Well being
Revel Health and fitness is a healthcare technology corporation that is reinventing overall health engagement to make it better as a result of its industry-leading wellbeing action system, Revel Connect. Revel Health can help health care businesses hook up with members and clients in a customized way to establish far better health care customer activities, generate positive wellbeing motion, and make improvements to health results. Headquartered in Minneapolis, Revel performs with main health ideas and other health care employer businesses and serves much more than 20 million members throughout the United States. Discover additional about who we are and our method by visiting us at Revel-Health and fitness.com.
NovuHealth is the foremost healthcare purchaser engagement enterprise, pushed to enhance purchaser overall health and health strategy general performance. NovuHealth motivates individuals to complete substantial-price health care actions by leveraging its innovative engagement system, verified loyalty and behavioral science methods, and deep business and regulatory skills. Headquartered in Minneapolis, NovuHealth has labored with almost 40 overall health designs and served almost 15 million shoppers throughout all 50 states. Study more at novu.com.
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