Private equity firm Marlin Equity Partners announced it has acquired both businesses and plans to merge them under Virgin Pulse's brand as part of a deal that's expected to close by the end of the month.
Minneapolis-based RedBrick will offer some of its customers access to Redwood City, California-based Carrot's smoking cessation platform called Pivot. Additionally, RedBrick will have category market exclusivity to market Pivot through 2018.
FASENRA® (benralizumab) injection, for subcutaneous use, 30 mg is indicated for the treatment of adult patients with eosinophilic granulomatosis with polyangiitis (EGPA). FASENRA provides a treatment option for HCPs to consider when managing this challenging disease.
Though lots of venture capital for medtech has evaporated, Versant Ventures now seeks $250 million for its fifth medtech fund. The venture capital firm, which has strong presence in biotech and medtech, has a diverse California and Minnesota-based portfolio that includes medical device companies such as Respicardia, Zyga Technology and Autonomic Technologies. According to a […]
Minnesota health IT firm RedBrick Health, which develops corporate wellness programs for large self-insured employers, has raised another $5 million, per a recently amended regulatory filing. Earlier this year, the company raked in $5 million. It still wants $5 million more. RedBrick has been on a rapid growth spurt, said its spokesman Pat Sukhum recently. […]
Emerging health IT firm RedBrick Health, which creates corporate wellness programs, announced Monday that it has hired Daniel Ryan as its new chief executive officer. Ryan replaces Kyle Rolfing, RedBrick’s founder, who will become a board member. Previously, Ryan was president and CEO at Secure Computing, an enterprise security company that was later acquired by […]
Abir Sen of Minneapolis-based Bloom Health thinks his company has a service that will replace the employer-sponsored health plan in much the same way that the 401(k) plan has mostly replaced a pension.
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Wellness company RedBrick Health had a big role in Minnesota's local version of The Biggest Loser. That program will expand to the entire state this year, and RedBrick has rolled out a new online portal and is raising fresh capital in the last few weeks. Return on investment, coupled with the ability for companies like RedBrick to easily work with insurance companies and their corporate partners, is among the biggest challenges for these wellness technology companies.
Wellness firm RedBrick Health Corp. has hired two new executives, a chief financial officer and chief business officer.
Eric Zimmerman, a 20-year industry veteran, will oversee marketing strategy and execution, product innovation and consumer experience for RedBrick, according to a statement from the health and wellness company.
RedBrick CEO Kyle Rofling said the idea for Bloom originated out of internal discussions. With health care reform looming over Americans, RedBrick executives decided a new company was needed to help employers, workers and consumers understand how to navigate those changes, he said.
See how Quantum Health is providing the steps to help their members tackle the cost of specialty medications and other drugs.
Bloom Health Corp., a Minneapolis-based start-up that advises companies, employees and consumers on health care issues, is seeking a total of $5 million through the sale of equity and warrants and/or options, according to documents filed with the Securities and Exchange Commission.
It plans to use the money to expand and market it Health Earnings System, which provides insurance for self-insured empoyers and offers rewards to employees who take part in certain health programs and guidelines. The company promises that anyone who "actively participates" in its health program "regardless of current health condition" pays less for their health care.