Las Vegas-based SocialWellth is acquiring Happtique, creators of the first provider-led app prescribing software. Happtique was founded and wholly owned by GNYHA Ventures, the business arm of the Greater New York Hospital Association.
The acquisition complements SocialWellth’s existing offerings for healthcare sponsors by enabling them to be connected not only to their members, but also to providers, connecting the entire care management continuum in what is truly a patient-centered connected experience model.
As part of the deal, SocialWellth has also retained key personnel from Happtique who will be housed at the New York office. Evergreen Advisors, LLC served as the financial advisor to Happtique.
SocialWellth has also retained key personnel from Happtique who will be housed at the New York office.“Given our product synergies as well as SocialWellth’s market position, we believe David [Founder and CEO of SocialWellth] and his team offer the perfect springboard for growing Happtique’s digital prescribing software to a more complete digital health solution,” said Lee H. Perlman, GNYHA Ventures President.
SocialWellth is expected to make additional announcements on its expanded mWellth compliance suite in early 2015.