Sprout to expand wellness solutions lineup by acquiring Vivametrica

By Akshay Kedari  Date: 2020-08-06

Sprout to expand wellness solutions lineup by acquiring Vivametrica

Sprout, a Canadian company that focuses on delivering innovative solutions for workplace wellbeing, has recently announced the acquisition of predictive health data analytics firm, Vivametrica. According to reliable sources, Sprout plans to enhance the wellness platform’s health data analytics capabilities, providing it the ability to offer substantial additional value to both individual life insurance sectors and corporate clients and groups.

With the help of Vivametrica, Sprout's Health Risk Assessment platform will offer clients a digital solution that is statistically greater than traditional risk assessment practices in anticipating disease risk. Moreover, clients of Sprout would massively benefit from Vivametrica's global traction in the insurance sector and data assets such as world-class data management, privacy controls, and extensive global population datasets.

Additionally, the acquisition would improve Sprout’s commitment to delivering scalable and personalized wellbeing applications based on predictive, measurable risk for insurance companies, new partnerships, and employers.

Speaking on the move, Neeraj Sharma, CEO, Sprout, said that the company has a data-driven platform and Vivametrica’s abilities & functionality would allow Sprout’s health and wellness engagement solution to be a lot responsive, valuable and personalized to employers and end-users.

Integrating Vivametrica's pioneering analytics expertise with the company's engagement solutions would deliver better insights into customer's overall health. In addition to this, the platform would be able to drive measurable ROI by positively affecting and identifying health change, added Neeraj.

As for Dr. Rick Hu, Founder, Vivametrica, the company is thrilled to join Sprout and help enhance its wellness solutions, making it more user-friendly and allowing customers to understand their future and current health status.

Instead of a "one size fits all" approach, Vivametrica has taken a complex analysis of numerous data points to develop informative individual health insights. This could further enhance user engagement and deliver better health data.

Source Credit: https://www.newswire.ca/news-releases/sprout-acquires-health-analytics-company-vivametrica-expanding-its-data-based-wellness-solutions-891219039.html

About Author

Akshay Kedari     aeresearch.net

Akshay Kedari

A qualified computer engineering graduate, Akshay Kedari takes pride in having his way with words. Following his passion for content creation, he writes insightful pieces on aeresearch.net and a few other portals. Also endorsed with a short-term experience in web deve...

Read More

More News By Akshay Kedari

Mark Zuckerberg planning to rebrand Facebook to reflect metaverse focus

Mark Zuckerberg planning to rebrand Facebook to reflect metaverse focus

By Akshay Kedari

There have been many businesses that have rebranded themselves to alter their identity with time. Following the league, social networking giant Facebook is also reportedly planning to rebrand the firm with a new name. On October 28, Chief Executive ...

Formula One teams to test second-generation biofuel during 2022 season

Formula One teams to test second-generation biofuel during 2022 season

By Akshay Kedari

The leading motorsport intends to achieve net-zero carbon status by the end of this decade. F1 has ruled out switching to an all-electric powertrain such as in Formula E. With increasing significance towards green mobility, Formula One teams are...

Apple’s iPhone 13 production may take a hit due to global chip shortage

Apple’s iPhone 13 production may take a hit due to global chip shortage

By Akshay Kedari

Apple Inc. is likely to cut down production of its iPhone 13 model by approximately 10 million units on account of the global chip shortage. The American multinational technology company was previously expected to manufacture 90 million units of the ...

Israel's GoTo Global acquires German e-moped sharing platform emmy

Israel's GoTo Global acquires German e-moped sharing platform emmy

By Akshay Kedari

Israel-based multimodal vehicle sharing services provider GoTo Global Mobility Ltd. has reportedly acquired Germany’s shared e-scooter company emmy. The acquisition will allow GoTo Global to enter the German market as well as accelerate its Eur...

German airline Lufthansa adds four new planes to its A350 fleet

German airline Lufthansa adds four new planes to its A350 fleet

By Akshay Kedari

Deutsche Lufthansa AG recently revealed that it has agreed to take four new Airbus A350-900 long-haul passenger aircraft on lease, utilizing newer planes that are left grounded as airlines reorganize their balance sheets in the wake of the ...