SOURCE: Canary Health

Canary Health

May 19, 2016 13:40 ET

Canary Health Acquires Mobile Stress Management Company, bLife, to Provide Comprehensive Self-Management Offering to Health Plans and Providers

With Acquisition, Canary Health Adds Stress Management to Its Digital Behavior Change Programs for Healthy Lifestyles, Chronic Diseases, and Caregivers

LOS ANGELES, CA--(Marketwired - May 19, 2016) - Canary Health, the leading health self-management company preventing the progression of chronic diseases, announced it has acquired mobile stress management company, bLife, to round out its self-management suite that includes a CDC-recognized Diabetes Prevention Program (DPP) and the chronic disease online workshops from Stanford University's Patient Education Research Center. The acquisition of bLife's mobile mental health tools augments Canary Health's suite of evidence-based digital programs for managing multiple chronic conditions including diabetes, heart disease, depression and arthritis, and enables the company to offer a comprehensive "whole person-focused" solution to health plans, providers and employers.

"Given the clear role that chronic stress plays in triggering and accelerating disease progression, the acquisition of bLIfe allows us to offer our customers another proven digital intervention to impact clinical outcomes and bend the cost curve," noted Adam Kaufman Ph.D., CEO and president of Canary Health. "By integrating bLife's talented team and consumer-centric mobile stress management tools, Canary Health is the only digital health company putting the person back in the center of their healthcare journey with holistic programs addressing both the mind and body."

bLife's mobile apps have engaged more than 500,000 consumers to-date, and in one study, showed a self-reported 15% reduction in stress over three months. Now enhanced as an enterprise version and integrated into Canary Health's self-management suite as bLife StressCare™, the program empowers users through engaging science-backed tools, including assessments, guided meditations, breathing and body awareness exercises, intention setting, visualization and social support, all designed to promote psychological and physiological well-being.

"Combining bLife with Canary Health was completely mission-aligned and I'm excited to bring an integrated, human-centered design approach to our full self-management product roadmap," said Paul A. Campbell, co-founder and former CEO of bLife, and now Chief Product Officer of Canary Health.

As part of the acquisition, Paul joined the senior management team of Canary Health, and bLife co-founder, Hamet Watt, a serial technology entrepreneur and venture partner at UpFront Ventures, is now a member of the Canary Health Board of Directors. The company received prior funding from True Ventures, Tango Group and the Omidyar Network. The acquisition of bLife also follows Canary Health's exclusive license with Stanford University's Patient Education Research Center for its chronic disease self-management programs which are considered the "gold standard" by the U.S Department of Health & Human Services and have been proven effective through more than 30 published clinical studies.

More than 117 million people in the U.S. suffer from one or more chronic disease -- many of which have preventable compounding effects. This translates into a dramatically lower quality of life for individuals and more than $200 billion in preventable yearly healthcare costs. Canary Health's mission is to provide evidence-based, digital self-management programs that reduce the cost of care and make a significant impact in preventing and arresting the progression of chronic diseases such as diabetes, arthritis, heart disease and depression. According to the CDC, health self-management helps people learn techniques to reduce pain and improve function and to develop skills and confidence to daily manage their conditions. Participants in Canary Health's self-management programs have also demonstrated fewer visits to physicians and emergency departments, fewer days in the hospital and fewer hospitalizations. In addition to improving the overall quality of life for participants, Canary Health has proven and published outcomes including lowering the rate of new diabetes cases by 80%, and significantly improved symptoms in 47% of participants suffering from depression. Canary Health's health plan partners report a 90% user satisfaction rate and a savings as high as $1,000 per participant per year for an overall ROI of 3:1.

About Canary Health

Canary Health (www.canaryhealth.com) is the leading health self-management company preventing the progression of chronic diseases including arthritis, depression, diabetes, and heart disease. Canary Health's interdisciplinary team of practitioners with deep experience across care management, public health, design, health economics, data science and mobile technology, help health plans, providers and employers address the needs of their populations by implementing engaging and scalable digital health programs which significantly improve business and health outcomes. Based in Los Angeles, Canary Health (formerly DPS Health) holds the exclusive license to Stanford University's proven self-management programs for chronic conditions and caregivers and offers a CDC-recognized Diabetes Prevention Program (DPP).

About bLife

bLife (www.myblife.com) is a pioneering digital health company developing mobile stress management tools. Based on groundbreaking research in neuroscience and behavioral psychology, bLife's patented technology empowers people to optimize their psychological health through assessments, a personalized set of exercises, a supportive user community and powerful visualization tools. bLife previously developed popular wellness apps through partnerships with the Oprah Winfrey Network (Stress Less), Deepak Chopra (Authentic Yoga), and The Huffington Post (GPS For the Soul).

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