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wellteq Introduces Tele-psychology In New Partnership With Mental Health Company Lysn

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wellteq announces a partnership with Lysn, a mental health company whose technology offers personalised mental health coaching and consultations.

Highlights

  • Lysn offers over 500 psychologists on-demand capable of 11 languages with a global reach including triage, learning modules, workshops and presentations. 
  • The combined solution offers psychology with digital wellness and objective mental health screening to offer the most comprehensive mental health and wellbeing solution for enterprises across APAC.
  • The partnership will deploy immediately as a digital innovation to the Employee Assistance Programs (EAP) and offers immediate consultation capability following risk detection.

Mental health has become a primary focus of large employers and insurers recently and wellteq has responded by extending their capabilities to include objective screening and virtual consultation through partnerships. Incorporating counselling to specifically focus on mental health has been a strategic plan, and builds on the recently launched objective mental health screening capability.

New End-to-End Solution Helps Employers Get Ahead Of Risk

EAP utilization rates have traditionally lingered at 2-4%, whereas the corporate wellness industry average surges ahead at ~25%. By adding mental health screening and psychology to digital wellness capabilities, the wellteq end-to-end solution extends the value chain of an HR investment. Leveraging wellteq’s personalisation engine to triage employees earlier improves the current care model and helps employers get ahead of risk. 

By integrating Lysn’s virtual and face-to-face consultation capabilities into wellteq’s digital wellness platform, wellteq extends the use case and continuity of care.  Its suite of digital health assessment and wellbeing tools now extend past objective health risk assessment and preventative coaching into psychological consultation. This extended value proposition now strongly contends to disrupt the current Employee Assistance Program (EAP) market by offering broader value for higher workforce utilization and data-rich insights for more strategic workforce support compared to the status quo.


What Does This Mean For Employees?

For employers this collaboration offers an end-to-end solution from prevention programs and engagement to 1:1 consultation-based care, specific to mental health in the workplace:

  • New insights into employee mental wellbeing that can help with support programs such as return-to-work and more targeted workplace wellness interventions.
  • More accurate employee profiling allowing employees to get ahead of the risk before the situation becomes more serious and costly.
  • Safe and secure digital environment for employees ensures user anonymity as only aggregated information is reported back to the employer.

Dr Jonathan King, CEO and Founder of Lysn, said:

“Such an exciting partnership to announce with wellteq, combining workplace physical data insights with Lysn’s wellbeing software and services provide a holistic wellbeing approach for employees and their workplaces.

Collaborating with wellteq, we’ll provide better data-driven employee assistance programs. This will not only help employees but increase the return of investment for businesses. We make a really simple and transparent process for companies to see their return on investing in wellbeing. I am very excited to see how we can transform workplace health together.”

Scott Montgomery, CEO of wellteq, said:

“Employers for a long time have been calling out for innovation to the incumbent EAP model. Due to its siloed and reactive nature, it was attracting underwhelming utilisation by waiting for employees to activate the solution rather than the solution activating the employee.

wellteq now with our Lysn partnership can offer proactive wellness engagement via data-driven personalisation for employees, and when needed can seamlessly triage into private 1:1 coaching or consultations. Finally, we can link risk assessments, preventative wellness and specialist consults into one smartphone app. I’m incredibly excited by this partnership and the outcomes we’ll deliver in this next 12 months alone.”


About Lysn

Lysn is a mental health company, helping anyone find high-quality and tailored matching mental health support. Whether it’s by phone, online video call, or in person, Lysn provides help the way you want.

Lysn’s digital wellbeing platform provides a stepped care model for mental health support, allowing people to be escalated or de-escalated to the point of care that they require. This customization allows users to feel supported due to the personalization that Lysn brings for each user’s experience. 

Lysn’s platform is integrated across over 80+ GP clinics, and over 250+ psychology clinics. If you are looking for a personalized wellbeing platform, please contact Lysn.

For more information please contact stacey@wellteq.co

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wellteq Partners with Mental Health Tech Company Medibio

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APAC’s most progressive wellness engagement and analytics platform partners with pioneering mental health technology company Medibio (ASX: MEB) (OTCQB: MDBIF).

Highlights

  • wellteq and Medibio will work together to implement a unique digital solution incorporating Medibio’s mental well-being assessment into wellteq’s personalised and holistic wellness platform.
  • The initial geography will be specific to the rapidly growing APAC region.
  • wellteq and Medibio will maintain ownership of all intellectual property in their respective platforms.

Under the partnership agreement, the parties will create an integrated solution by incorporating Medibio’s ilumenTM digital mental well-being assessment into wellteq’s digital wellness platform. Medibio and wellteq have identified that the integrated solution will offer a unique value proposition and enter into this partnership agreement to design, develop and implement a Minimum Viable Product (MVP). Teams will begin work immediately on the integration in anticipation of the platform being available by the end of 2019.

The initial geography will be specific to the rapidly growing APAC Region with potential for additional geographical areas upon mutual agreement. Medibio and wellteq will collaborate on all marketing and promotional activities to promote the integrated solution to prospective clients within this geography. Both parties will maintain Intellectual Property ownership in their respective platforms, including any modifications or improvements realized through the work of this partnership agreement.


What Does This Mean For Employees?

For employers this collaboration brings a new approach to employee mental wellness programs leveraged by technology:

  • An objective approach to mental health that looks at biometrics for early detection and screening of mental health conditions all from a mobile phone, linking physiological measures and mental health in sleeping patterns.
  • Meaningful outcomes integrated with ongoing programs to improve the quality of life for millions suffering from a mental wellbeing issue, from depression to stress.
  • Accelerated speed of diagnosis of mental illness to ensure the employee’s workload and role is correctly managed to minimise unplanned sick leave.

Scott Montgomery, CEO of wellteq, said:

“It’s great to see the enthusiasm of both teams as we finalize this partnership agreement. Our current corporate client portfolio has expressed a strong need for more objective mental well-being to be integrated into a holistic data-driven health solution. This extensive capability is unique promising high growth potential, we are extremely excited to work with Medibio to bring mental well-being to employees and insurance policy holders across APAC.”

David B. Kaysen, Chairman, Managing Director and CEO of Medibio, said:

“We are excited to finalize this partnership agreement with wellteq, a leader in employee health solutions. Both companies are in complete alignment on the significant need for a robust employee health solution that integrates mental well-being. This partnership is a big step forward in achieving our commercialisation objective to integrate ilumenTM into organisations with global distribution channels.”


Who Are Medibio?

Medibio (ASX: MEB) (OTCQB: MDBIF) is a health technology company pioneering the use of objective measures to aid in the early detection and screening of mental health conditions. Through their corporate health product, the company offers mental well-being solutions for businesses and are also developing products to serve the healthcare provider market.

The company was founded in Australia, with offices located in Melbourne (Vic) and U.S. offices in Minneapolis, MN. Medibio is listed on the Australian Securities Exchange Ltd and trades on the OTCQB Venture Market.

For more information please contact stacey@wellteq.co

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Toll Logistics Wellness Program Launches

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After months in the making, the personalised wellness program has launched, in time with a newly published corporate video that highlights the data-rich environment the joint platform creates for employers

New Video Supports Launch

wellteq is pleased to update on the April launch of the Toll Logistics application and the newly produced wellness partner video in readiness for a joint marketing push into the 47-billion-dollar global corporate wellness market with MyFiziq.

New video shows the future of AI-driven wellness

Wide-reach Over The Next Year

The platform will be launched on an initial 2,400 employees in April whilst building out the usage to the remaining 18,000 employees over the following 12 months. The newly launched video demonstrates the logistics use case and advanced analytics with the combined wellteq / MyFiziq solution. The video is set to articulate the data-rich environment created when these two applications are brought together.

With the completion of the wellness integration and video, wellteq has commenced marketing to its existing corporate clientele with both Australian multinationals and global Fortune 500 companies including but not limited to Bupa, Prudential, Telstra, Credit Suisse and SCOR to name a few.

Vlado Bosanac, Chief Executive Officer of MyFiziq, said:

“The video is a great tool to have when assisting new potential partners in understanding how we can enrich their data and workplace engagement. Our team worked closely with wellteq in developing this footage to make sure it was on point and explained the capabilities of the combined offering.”

Scott Montgomery, CEO of wellteq, said:

“Offering such an advanced, and comprehensive solution can sometimes come across as overly complex when it’s not. wellteq’s extensive capabilities fall into this category especially in emerging markets. This new video simply showcases the user experience and is helping people, partners and prospects to more simply understand the power of what we do inside two minutes. A powerful tool to help close our growing pipeline”

Being able to very accurately assess and monitor changes in body measurement with MyFiziq, then correlate this data with stress, sleep, activity and environmental data from wellteq enables us to identify health, risk and performance causal factors. This is the only capability of its kind in the world creating a powerful USP for our customers.”

For more information please contact stacey@wellteq.co

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wellteq Forms Official Partnership with Telemedicine Platform Doctor Anywhere

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APAC’s leading wellness engagement and analytics platform partners with Singapore-based telemedicine platform.

Doctor Anywhere Now Any Time

wellteq is pleased to announce a partnership with telemedicine provider, Dr Anywhere, whose 24/7 virtual consultation rooms allow patients to call in from anywhere for a GP appointment, receive an e-medical certificate that can be sent directly to the employer, and have prescribed medication delivered to their home or office within two hours.

A quick how-to of the Doctor Anywhere app

The Brain Gets Sick Before The Body

The inclusion of telehealth services into wellteq’s digital wellness platform closes the circle of a user’s health journey from point of prevention to point of care. As an additional benefit, all users will gain access to a health and wellness marketplace, an e-commerce platform offering a range of fitness, beauty and wellbeing products including TCM, personal training sessions, health foods, supplements and dental packages.

The APAC telehealth market which includes telemedicine, remote patient monitoring and mobile health solutions, is estimated to reach $1.79 billion in 2020 from $1.02 billion in 2015 according to a study by Frost and Sullivan.


What Does This Mean For Employees?

For employers this collaboration brings a new approach to employee wellness programs leveraged by technology:

  • Reduces the need to visit a clinic when feeling unwell to ensure a quick recovery.
  • Doctor verified sick leave and e-medical certificates which improves accuracy and efficiency in providing evidence for medical claims for HR professionals.
  • Improves employee value proposition by offering integrated employee wellness program that includes point of care.

Scott Montgomery, CEO of wellteq, said:

“We’ve been excited to see the rise in popularity of telemedicine services over the last 5 years. It’s an area of mHealth that is seeing an increased number of players and breadth of service. What impressed us most about the Doctor Anywhere was the quick response times (usually less than 10 seconds) and their value-added marketplace that includes a diverse set of partners and unique services like at-home vaccinations.

I predict we’re going to see a continued growth in the use of digital health services across APAC, particularly as we see more insurance companies investing into value-added services for group health premiums to remain competitive. These services now going digital now allows us to bring healthcare to the individual, rather than the individual to healthcare. It’s a huge accelerator to earlier detection and intervention.”

Who Are Doctor Anywhere?

Dr Anywhere is a healthtech company founded to improve healthcare delivery through innovation and technology. Our digital platform gives you quick access to health and wellness solutions, wherever you are.

With technology, better health outcomes are more achievable than ever before. We are dedicated to making healthcare simple, convenient and accessible, and are constantly tailoring our healthcare services to suit your lifestyle needs.

For more information please contact stacey@wellteq.co

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wellteq Partners With Brain Health Platform, Savonix

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APAC’s leading wellness engagement and analytics platform partners with cognitive assessment and monitoring technology.

Pushing Frontiers in Mental Wellbeing

wellteq is proud to announce a partnership with neuropsychology innovator Savonix, whose cognitive assessment tests digitally assess brain health from your smartphone or tablet. The tests are digital versions of a series of globally accepted gold standard neuroscience tests, most of which have been in broad clinical and research use since the early 20th century.

Demonstrating the Savonix app

The Brain Gets Sick Before The Body

By integrating Savonix’s assessment capabilities into wellteq’s digital wellness platform, wellteq furthers its suite of digital health assessment and wellbeing tools offering a broader and deeper service for its corporate clients The  Savonix brain health data offers unique insights into risk factors for lifestyle-related conditions such as dementia, cardiovascular disease, diabetes – and of particular importance within the workplace is stress and fatigue.

wellteq’s dynamic user reports provide extensive knowledge of isolated mental and physical health elements, and also the relationship between body and mind that has previously thought to be immeasurable.


What Does This Mean For Employees?

For employers this collaboration brings a new approach to employee wellness programs leveraged by technology:

  • New insights into employee stress and fatigue that can help with shift rostering, workforce planning and more targeted workplace wellness interventions.
  • More accurate risk profiling for reduced incidents at work leading to reduced sick leave and medical claims.
  • A new suite of executive performance programs specifically designed to coach senior leaders to peak performance avoiding burnout

Scott Montgomery, CEO of wellteq, said:

“We’re thrilled to be announcing this partnership with such an innovative leader in the niche field of neuropsychology. The expansion of wellteq’s capabilities thanks to the cognitive performance data provided by Savonix is quite unique as we close the loop between body, brain and mind.

What I’m most excited about is the new suite of executive performance programs. Senior leaders are typically overlooked when it comes to ongoing training and support as it’s widely believed these employees are at the top of their game. However these overachievers are also overexposed to stress, fatigue and corporate burnout. These high-pressure, high-visibility roles require a modern understanding of one’s resilience to stress and capability to manage fatigue while still performing at peak level. Having identified this as an under-represented population in any business, we’ve designed a set of premium wellbeing solutions, now incorporating Savonix’s capabilities alongside blood pathology, body imagery and health coaching (tele-medicine), that are aimed specifically at tackling these problems.”

Who Are Savonix?

Savonix delivers a fully mobile assessment of cognitive function available on Android and iOS for phone and tablet. Savonix Mobile is an accurate, accessible and affordable tool for professional cognitive screening. It empowers healthcare providers, payers and researchers to evaluate and leverage results to improve health and treatment outcomes.

Led by clinical neuro-psychologists, neuroscientists and IT leaders, Savonix sets the global standard on cognition and its relationship to risk, health outcomes and the development of innovative therapies. Savonix evidence-based tests are digitally validated versions of the gold standard cognition tests, many of which neuropsychologists have used effectively since the 1930s.

Savonix believes cognition is the fifth vital sign. We provide our customers the data and the insight to improve outcomes and drive innovation.

For more information please contact stacey@wellteq.co

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Lockton Adds wellteq to Available Client Services

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Lockton and wellteq have inked an agreement that enables the broker to offer holistic benefits and a wellness solution to their clients. Lockton, a global professional services firm with 7,000 associates who advise clients on protecting their people, property and reputations, now includes wellteq’s market-leading corporate wellness solution amongst it’s suite of products and services that it offers to their clients.

Reseller Partnership Dramatically Increases Distribution

Lockton is a privately owned tier 2 insurance brokerage firm with a client retention rate of 96%. With 14 direct offices and a further 9 partner offices across APAC, Lockton is well placed to provide an extended range of solutions in the brokerage industry projected to be worth $54.8 billion by 2021.

Scott Montgomery, CEO of wellteq, said:

“wellteq are thrilled to be included amongst a prestigious list of healthtech peers and best-in-class wellbeing solution providers. To be working so closely with an insurance broker leader such as Lockton provides a great opportunity for us and we’re looking forward to working closely with the talented Lockton team.”


Who Are Lockton?

More than 7,000 professionals at Lockton provide 50,000 clients around the world with risk management, insurance, employee benefits consulting, and retirement services that improve their businesses. From its founding in 1966 in Kansas City, Missouri, Lockton has attracted entrepreneurial professionals who have driven its growth to become the largest privately held, independent insurance broker in the world and 9th largest overall. For seven consecutive years, Business Insurance magazine has recognized Lockton as a “Best Place to Work in Insurance.”

For more information please contact stacey@wellteq.co

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