StageMerger | Merged
About RedBrick Health
RedBrick is a health engagement technology company that helps employers reinvigorate their health & wellness programs. The company combines financial accountability, clinical and behavioral insight, social and game mechanics and powerful data analytics to create a personalized and persuasive experience delivered through web, mobile and live interactions. As a result, RedBrick drives healthy behaviors, better outcomes, and stronger returns on everyone's investment in health. The company serves large, self-insured employers and strategic distribution partners.
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Expert Collections containing RedBrick Health
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
RedBrick Health is included in 5 Expert Collections, including HR Tech.
We define wellness tech as companies developing technology to help consumers improve their physical, mental, and social well-being. Companies in this collection play across a wide range of categories, including food and beverage, fitness, personal care, and corporate wellness.
Health Plans & Benefits Management
Companies developing or offering digital platforms and services, including online insurance marketplaces, data analytics for claims adjustment, benefits administration, and payments systems, that help make private health insurance more affordable, navigable, or transparent.
The digital health collection includes vendors developing software, platforms, sensor & robotic hardware, health data infrastructure, and tech-enabled services in healthcare. The list excludes pureplay pharma/biopharma, sequencing instruments, gene editing, and assistive tech.
RedBrick Health Patents
RedBrick Health has filed 3 patents.
Health informatics, Electronic health records, Cryptography, Data security, Block ciphers
Health informatics, Electronic health records, Cryptography, Data security, Block ciphers
Latest RedBrick Health News
Sep 8, 2022
" - https://www.reportlinker.com/p06318588/?utm_source=GNW , Forward Health Group, Koninklijke Philips, Lightbeam Health Solutions, Lumeris Inc., McKesson Corporation, MEDecision Inc., NextGen Healthcare Inc., Optum Inc., Orion Health, IBM Corporation, Accenture plc, Advisory Board, GE Healthcare (General Electric Company), Persivia Inc., RedBrick Health Corporation, Verscend Technologies Inc., and Welltok Inc. The global population health management market is expected to grow from $32.20 billion in 2021 to $38.84 billion in 2022 at a compound annual growth rate (CAGR) of 20.6%. The population health management market is expected to reach $79.81 billion in 2026 at a CAGR of 19.7%. The population health management market consists of sales of population health management solutions and related services by entities (organizations, sole proprietors, and partnerships) used to improve the health outcomes of a group by identifying and monitoring patients. Population health management refers to the process of improving clinical health outcomes of a defined group of individuals through patient engagement and improved care coordination and is supported by financial and care models. The main components of the population health management market include software and services.Software healthcare management refers to the use of software solutions to facilitate data across healthcare IT systems to improve operational efficiency and promote care delivery. The mode of delivery of population health management solutions includes on-premise and cloud-based. The various end-users include providers, payers, and other end-users. North America was the largest region in the population health management market in 2021.Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the population health management market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The rising demand for solutions supporting value-based care delivery by healthcare shareholders is expected to propel the growth of the population health management market going forward.Value-based healthcare is a healthcare delivery framework that encourages healthcare providers to focus on the quality of services rendered as opposed to quantity. Value-based care delivery helps in reducing errors by enhancing workflows and interoperability, and lowers costs while increasing patient satisfaction, allowing executives to monitor and manage care. According to the Healthcare Payment Learning and Action Networks, a US-based group of public and private health care leaders’ APM measurement report, 40.9% of US healthcare payments came from value-based reimbursement models in 2020, which is a 2.7% increase over the 2019 rates. Thus, the rising demand for solutions supporting value-based care delivery by healthcare shareholders is driving the population health management market. Product innovation is a key trend gaining popularity in the population health management market.Major companies operating in population health management are looking for new product development to strengthen their position in the population health management market. For instance, in October 2021, Verana Health, a US-based clinical database provider operating in the population health management market, launched VeraQ, a population health data engine. VeraQ converts unfiltered, raw healthcare data into a unique and actionable real-world data asset, Q data, from which business insights and clinical research can be derived. In April 2021, Cerner Corporation, a US-based healthcare information technology solutions, services, devices, and hardware provider, acquired Kantar Health for an amount of $375 million.Cerner’s real-world data and technology combined with Kantar Health’s rich life sciences expertise is expected to accelerate innovation in life sciences research and improve patient outcomes. Kantar Health is a US-based provider of data, analytics, and research to the life sciences industry, operating in the population health management market. The countries covered in the population health management market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
RedBrick Health Frequently Asked Questions (FAQ)
When was RedBrick Health founded?
RedBrick Health was founded in 2006.
Where is RedBrick Health's headquarters?
RedBrick Health's headquarters is located at 510 Marquette Avenue, Minneapolis.
What is RedBrick Health's latest funding round?
RedBrick Health's latest funding round is Merger.
How much did RedBrick Health raise?
RedBrick Health raised a total of $76.5M.
Who are the investors of RedBrick Health?
Investors of RedBrick Health include Virgin Pulse, Versant Ventures, Highland Capital Partners, Kleiner Perkins Caufield & Byers, Volition Capital and 3 more.
Who are RedBrick Health's competitors?
Competitors of RedBrick Health include Welltok and 5 more.
Compare RedBrick Health to Competitors
Virgin Pulse provides digital health and well-being solutions. The company offers a home base for health, wellbeing, and health, and a partner ecosystem. It caters to employers, intermediaries, and insurers. The company was founded in 2004 and is based in Providence, Rhode Island.
Betterfly offers a modular platform allowing human resource (HR) leaders to select their collaborators' benefits. It helps HR to set contracts according to the team's needs and preferences. It offers language courses, telemedicine, psychology, online veterinary, gift cards for different businesses, and more. It was formerly known as Burn to Give. It was founded in 2018 and is based in Santiago, Chile.
PatientsLikeMe is an online health data sharing platform. PatientsLikeMe creates new knowledge by charting the real-world course of disease through the shared experiences of patients. While patients interact to help improve their outcomes, the data provided helps researchers learn how these diseases act in the real world and accelerate the discovery of new, more effective treatments.
SugarStats aims to provide diabetics to track, monitor and share their blood sugar levels and other key statistics to help them manage their diabetes online.
Antidote operates as a digital health company. The company uses precision recruitment to match the right patients with the right trials. It strikes the right balance between technology and human touch to deliver patient engagement through the integration of data-driven technologies, digital expertise, deep domain experience, a diverse partner network, and personalized patient and site services. The company was founded in 2010 and is based in North Miami Beach, Florida.
MeYou Health, formerly a Healthways company, was founded in 2009 with the goal of transforming traditional health and wellness programs into social, digital well-being products that help people live healthier, happier lives. Its well-being platform and products achieve impact through sustained engagement and measurable effect. This impact has been demonstrated in the market with 60% member engagement at 12 months (with multiple interactions per week) and academically with three randomized control trials and multiple peer-reviewed publications demonstrating positive outcomes. Now optimized for the health plan market, MeYou Health is positioned to enable health plans to gain new employers, strengthen ties with existing employers, and create relationships with health plan members. MeYou Health's "open social" model provides extra power to the interventions, because members can participate with anyone in their social network, regardless of each person's health insurance coverage.
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