IBH, a population, and digital health services pioneer, announced the acquisition of Uprise, a digital health platform that delivers highly customized treatment through self-guided modules, live coaching, and in-person counseling. The acquisition of Uprise follows IBH's latest acquisition of HMC HealthWorks in December 2020, which expanded IBH's presence in chronic disease management. This new acquisition not only strengthens IBH's use of data analytics to treat its members but also aids in the delivery of treatment to more people at a time when standard coverage is restricted due to the pandemic.
According to the Harvard Business Review, the Covid-19 pandemic has expanded the urgency of treating those suffering from mental health problems through technology that allows for support, care, and increased capability. Although conventional Employee Assistance Programs (EAPs) typically have a 4% engagement rate, Uprise's digital EAP has a whopping 24% engagement rate. This high degree of interaction with Uprise's mobile app and online site demonstrates that interactive technologies allow more users to learn from mental health services. IBH's investment in Uprise provides its millions of users with digitally oriented, best-in-class technology.
“Through a deeply customized and intuitive interface, Uprise's technology provides our users with the most advanced Cognitive Behavioral Therapy-based, self-guided content in the United States,” said Dan Clark, CEO of IBH. “We may include self-guided CBT, live instruction, in-person consultation, and chronic illness care based on a member's specific needs and risk factors. With the acquisition of Uprise, IBH has truly become one of the market's largest and most efficient digitally-enabled healthcare companies.”
Uprise was founded by Dr. Jay Spence to provide the best digital tools for individuals to self-manage their mental health and making access to a healthcare provider accessible and convenient. “We couldn't be more excited to be working with IBH and being a part of its innovative and tech-enabled wellness vision,” said Dr. Spence, former Founder, and CEO of Uprise and new SVP of Digital Product for IBH. “We've concentrated on supplying members with tried-and-true digital services that they can use from anywhere, at any time. We are genuinely able to do something for our members that no one else can by enhancing our interactive service with IBH's portfolio of customized EAP products, chronic illness treatment, and supervised mental health.”
“Uprise is an essential part of our technology plan, which focuses on the Triple Goal of optimizing outcomes, customer engagement, and cost-effectiveness. It fits amazingly well into our clinical evaluation, data, treatment navigation, and risk reduction capabilities,” said IBH Chief Technology Officer Dr. Ilya Gluhovsky. “This is just the start of our ambitious agenda aimed at improving health and outcomes for our members through digital solutions.”
About IBH
IBH, a Periscope Equity portfolio company, provides digitally powered employee support services augmented with customized counseling, chronic illness care, guided mental wellbeing, data analytics, and drug screening and recovery options. IBH lowers claims and costs for organizations while strengthening the lives of its participants by focusing on sustainable effects through scientifically-based approaches and resources. IBH has been a Shortlister Vendor of Choice for EAP, mental wellness, and healthcare material for over 30 years.