Evive Health Reports Tremendous Growth in First Half of 2016

CHICAGO–(BUSINESS WIRE)–#clientgrowth–Evive Health announced today record-setting growth for the first
six-months of 2016 relative to increased revenue, client growth and
number of employee lives touched. Evive is the nation’s leading
personalized health-engagement company and a pioneer in the field of
predictive analytics.

“The growth we are experiencing is a direct result of employers
nationwide realizing the importance of optimizing employee engagement in
their health benefits programs as a means to not only save significant
dollars but to serve as a key differentiator in an organization’s
employee satisfaction and retention strategy,” said Peter Saravis,
co-founder and CEO of Evive. “The Evive model is being increasingly
adopted by Fortune 500 companies who are receptive to embracing new
approaches and innovative technologies that optimize employee
utilization of benefits.”

Evive reports that during the first half of 2016, the company
experienced a 54 percent annualized growth from the close of 2015.
Additionally, Saravis anticipates a 77 percent year-over-year revenue
increase by the end of 2016. The majority of this increase is due to the
addition of a number of well-known Fortune 500 companies and educational
institutions being added to Evive’s existing roster of clients.

The Evive formula for success is built around replacing generic
less-effective employee benefits communication with analytics-enabled,
hyper-personalized messages tailored to the health, financial and
lifestyle needs of each individual employee. These messages provide the
encouragement employees and their dependents need to take empowered
action, such as completing preventive screenings on time; choosing
cost-saving, narrow network sites of care; and making more strategic
choices in health plan selection. Such engagement reduces wasteful
healthcare spending and leads to optimized health year-round.

“Through leveraging the power of predictive analytics, we can use data
including demographics, socio-economic status, benefits usage, habits,
environmental variables and life events to prioritize benefit choices,”
says Saravis. “Further, this valued information is delivered through
mediums they are most likely to read and embrace.”

Jeff Lietz, chief sales and marketing officer of Evive, says that he
foresees continued growth throughout the balance of 2016 and beyond as
employers increasingly realize that “improvement in benefits engagement
must be a top priority in their human resource agenda if they are to
attract and maintain a healthy workforce.”

About Evive
Evive Health
provides data-driven predictive analytics and highly personalized
engagement technology delivered through a benefits hub or imbedded
within an existing portal to help members optimize health and benefits
decision making. This, in turn, allows employers, plans and exchanges to
maximize the value of their health and benefits investments. Evive
delivers highly personalized engagement services to members covered by
Fortune 500 companies, leading health plans and private exchanges. Learn
more at www.evivehealth.com.


Evive Health
Kelly Velisek, 312-374-9150, x-105