Industry Experts to Discuss Psilos' strategic investment in SeeChange Health
SAN FRANCISCO, Oct. 14, 2013 /PRNewswire/ — Psilos Group, a healthcare investment firm announced that Stephen Krupa, Managing Member and Co-Founder and Martin Watson, CEO and Founder of SeeChange Health will be participating in the Xconomy Summit: Precision Medicine to Precision Management on October 15th in Boston, MA. Krupa and Watson join a distinguished lineup of health care experts and will discuss Psilos' strategic investment in SeeChange Health, an innovator of consumer-driven health care solutions.
Health plans and employers seeking a solution that improves upon the early versions of health management and wellness programs are fueling SeeChange Health's rapid growth. SeeChange Health Solutions is the first Software as a Service (SaaS) turnkey solution that allows health plans and self-funded employers to offer highly customized engagement and incentive programs to encourage and motivate employees to improve their health. Over 1.2 million members are on the SeeChange Health Solutions platform. In large part due to its wellness-centric approach to medical coverage, SeeChange Health Insurance is the fastest-growing health plan for small employers in California and Colorado. Fast Company magazine acknowledged the power of SeeChange Health's approach to consumer-driven health care in naming it one of the 50 Most Innovative Companies in the World in February 2013.
Xconomy's inaugural event brings together leading innovators in health IT, life sciences and health care services to present entrepreneurial solutions to the challenges facing our health care system. Keynote speakers include William Shalman of the Harvard Business School, Mark Levin of Third Rock Ventures, Juan Enriquez of Excel Medical Ventures and Nobel Laureate Phillip Sharp of MIT.
About Psilos Group
Psilos Group Managers, LLC ("Psilos") is a healthcare investment firm focused on providing venture and growth capital to companies operating in the healthcare economy. The firm believes that successful healthcare innovation must reduce cost, improve quality, and align incentives across payers, providers and patients. Founded in 1998, Psilos has $600 million under management and invests across three core healthcare sectors: healthcare services, healthcare information technology and medical technology. Funds managed by Psilos have invested in companies such as ActiveHealth, AngioScore, Definity Health, HealthEdge, Extend Health, Mauna Kea Technologies, and SeeChange Health among many others, which have played, and continue to play, key roles in the transformation of the U.S. healthcare economy. Psilos has offices in New York, the San Francisco Bay Area, and in Santa Fe, New Mexico. For more information, go to www.psilos.com
About SeeChange Health
SeeChange Health delivers plans, technology and services aimed at creating better health and lowering health care costs by encouraging individuals to play an active role in managing their health to prevent, detect and treat serious health conditions. SeeChange Health Solutions provides a completely customizable consumer engagement and health incentive platform to employers and health plans. SeeChange Health Insurance provides value-based benefit plans to employer groups in California and Colorado. For more information, please visit www.SeeChangeHealth.com
Media Contact:
For Psilos LLC:
Jennifer Jones
650‐465‐583
Email
For SeeChange Health:
Susan Cotton
818-824-9164
Email