Water Street-backed Premise Health buys eHealthScreenings


Premise Health, a portfolio company of Water Street Healthcare Partners, has acquired San Antonio, Texas-based eHealthScreenings, a provider of biometric screenings. No financial terms were disclosed.

PRESS RELEASE

BRENTWOOD, Tenn. – July 11, 2017 – Premise Health, a leading employer-sponsored health center and wellness provider, announced today that it has acquired eHealthScreenings, a national biometric screenings company. The acquisition marks another advancement in Premise Health’s strategic expansion to deliver a comprehensive primary access solution to the employees and dependents of its employer-clients.

With the addition of this new set of capabilities, Premise Health extends its product offering to fulfill a wide array of health testing options enabled by eHealthScreenings’ network of over 3,000 certified wellness technicians with access to over 1,700 lab locations across the country. eHealthScreenings provides comprehensive screening panels and biometric tests, advanced analytics and reporting, and personalized patient results in as few as one to two days.

“As a leader in employer-sponsored health centers, Premise Health continues to both expand and deepen its delivery models. The acquisition of eHealthScreenings is consistent with our vertical strategy roadmap and creates a fantastic opportunity to apply their service model across our client base,” said Stu Clark, chief executive officer, Premise Health. “We are excited to welcome eHealthScreenings – an organization of similar philosophies and values – to the Premise Health family.”

Founded in 2008 and headquartered in San Antonio, Texas, eHealthScreenings has built a reputation as an industry leader exclusively specializing in onsite biometric screenings supported by award-winning in-house technologies and processes.

“We’ve experienced significant growth in recent years and are confident that our partnership with Premise Health will provide us with the resources and support we need to continue our track record of success,” said Jason Morgese, CEO, eHealthScreenings. “We are looking forward to combining Premise Health’s extensive clinical, operational, and technology enabled resources with our expertise, processes and systems tailored to employee health screenings.”

Clark added that strategic acquisitions, such as eHealthScreenings, will continue to be a key component of Premise Health’s growth plan aimed at expanding its direct primary care platform. “We have a very active and exciting M&A pipeline at the moment,” said Clark.

Premise Health has invested significantly in developing new employer-sponsored health solutions since it was formed through the merger of CHS Health Services and Take Care Employer Solutions in 2014. The company is actively engaged in a number of initiatives focused on expanding its direct primary care platform, to include population health, virtual care, and community integration. Premise recently announced its two-year plan to implement Epic – the nation’s leading integrated electronic medical record provider – across its health centers.

ABOUT PREMISE HEALTH
Premise Health is a leading employer-sponsored health center and wellness provider dedicated to improving the cost and quality of employee and dependent health care. With more than 50 years of experience, Premise Health manages more than 500 employer sponsored health and wellness centers across the country. The company serves more than 200 of the nation’s leading companies, including a significant number of the Fortune 1000.
Premise Health is a company of Water Street Healthcare Partners, a strategic investor focused exclusively on the health care industry. For more information on Premise Health, visit www.premisehealth.com.

ABOUT EHEALTHSCREENINGS
eHealthScreenings, LLC, (or the “Company”) is a fast-growing wholesaler of biometric screenings, leveraging a national network of over 3,000 certified wellness technicians, over 1,700 nationwide lab locations, and licensed physicians in every state. Headquartered in San Antonio, Texas, the Company is a Texas-based LLC and has 48 employees. Through their core values of integrity, efficiency, innovation, excellence, quality and service, EHS has built a reputation as one of the industry leaders. For more information, visit the eHealthScreenings website at www.ehealthscreenings.com.

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