Providence-based Virgin Pulse, "the largest global health and and wellbeing company," announced that it acquired Dallas, Texas-based Viverae.
The latter company, which specialized in wellness management, recently rebranded as SimplyWell after acquiring the Nebraska-based company in 2017.
While terms of Nov. 27-announced deal were not disclosed, a release on the move said that together, the two companies will "deliver the technology, live services, partner ecosystem, analytics, personalization, global reach and scale required to engage employees every day and help them achieve their health and wellbeing goals."
Virgin Pulse CEO David Osborne hailed the move.
“With employers shifting towards health management platforms that combine engagement and clinically-focused solutions, the addition of SimplyWell’s condition management coaching, claims analytics and reporting capabilities allows us to expand the breadth of our employee health and wellbeing offering by helping the highest risk employees manage chronic, costly conditions," he said. "We remain committed to pursuing additional complementary acquisitions and making significant investments in R&D to further distinguish ourselves as a world-class, innovative leader and bring us closer to delivering our vision of creating a safe, trusted experience that supports employees across the full health and wellbeing continuum.”
This isn't the first headline for Virgin Pulse this year, with the company announcing in late May that it was merging with Minneapolis-based RedBrick Health, its rival.
