Personify Health
HealthComp, the largest independent Third Party Administrator (“TPA”) of healthcare benefits for self-funded employers, and Virgin Pulse, a leading digital-first health and wellbeing company, merged in November 2023 to create Personify Health.
Personify Health is on a mission to engage and empower people to live healthier lives. By bringing industry-leading health plan administration, holistic wellbeing, and navigation solutions together, all in one place, Personify has created the industry’s first and only personalized health platform. With decades of experience and global operations, Personify empowers diverse and unique businesses – and diverse and unique people – to engage more deeply in health at a lower cost. Through the Company’s proprietary combination of data-driven personalization, science-backed methodology, and concierge-level clinical expertise, Personify’s end-to-end platform makes it easier to proactively address people’s needs across their lives. With a personalized, holistic, and powerfully simple experience, Personify aims to redefine industry expectations and what it means to manage health.
New Mountain’s investment in Personify Health sits at the intersection of the firm’s longstanding deep dives in healthcare cost containment, payer services & technologies, and digital transformation. Given its deep sector knowledge and highly relevant industry relationships, the NMC team was able to rapidly develop a unique “business building” and value creation thesis.