Increased demand for digital health and wellness coaching technology propels 693% revenue growth

CRANFORD, New Jersey – Nov. 17, 2022 – Avidon Health today announced it ranked No. 221 on the Deloitte Technology Fast 500™, a ranking of the 500 fastest-growing technology, media, telecommunications, life sciences, fintech, and energy tech companies in North America, now in its 28^th year. This is the second consecutive year that Avidon Health has been named to the Fast 500.

“The need for digital health and wellness coaching has been steadily growing,” said Clark Lagemann, CEO of Avidon Health. “Organizations and individuals have recognized that improving health and wellbeing is a priority. Avidon Health has accomplished remarkable growth by helping our customers reduce administrative and coaching costs by over 30% without impacting quality. Together, we are helping create personalized experiences to inspire change and create measurable impact at scale.”

Wellness programs and health coaching can only make a difference if the participants are engaged. In today’s world with unlimited options for entertainment and fitness, it can be a challenge to keep program participants on track. This year, Avidon Health has continued to innovate in the health coaching automation space to improve engagement and wellness outcomes. The company launched several courses within the Engagement Rx platform to address stress and other wellness topics such as healthy eating, nutrition and sleep. Looking to 2023 the company will continue to bring exciting new technology to the digital wellness space.

“As the past year has shown us, innovation in important areas such as life sciences is critical to addressing infectious disease and other global health issues,” said Paul Silverglate, vice chair, Deloitte LLP and U.S. technology sector leader. “In addition, technology must keep pace with ever-changing consumer and corporate demands for faster, safer and more efficient solutions to new societal challenges. Each year I am in awe of the immense talent the Technology Fast 500 rankings reveal, confirming the winners’ relentless pursuit of creativity and their ability to solve real-world problems that benefit us all.”

About the 2022 Deloitte Technology Fast 500™

Now in its 28th year, the Deloitte Technology Fast 500 provides a ranking of the fastest-growing technology, media, telecommunications, life sciences, fintech, and energy tech companies – both public and private – in North America. Technology Fast 500 award winners are selected based on percentage fiscal year revenue growth from 2018 to 2021.

In order to be eligible for Technology Fast 500 recognition, companies must own proprietary intellectual property or technology that is sold to customers in products that contribute to a majority of the company’s operating revenues. Companies must have base-year operating revenues of at least US$50,000, and current-year operating revenues of at least US$5 million. Additionally, companies must be in business for a minimum of four years and be headquartered within North America.

About Avidon Health

Avidon Health is a team of behavioral health experts that provides innovative coaching solutions to disrupt unhealthy behaviors. Avidon’s proprietary digital health platform, Engagement Rx^®, is an all-in-one coaching technology that automates personalized experiences to create a measurable impact at scale. Launched in 2020 following MedPro Wellness’ acquisition of SelfHelpWorks, Avidon Health combines digital coaching with cognitive behavioral therapy principles to produce lasting change for participants.

About Deloitte

Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee (“DTTL”), its network of member firms, and their related entities. DTTL and each of its member firms are legally separate and independent entities. DTTL (also referred to as “Deloitte Global”) does not provide services to clients. In the United States, Deloitte refers to one or more of the US member firms of DTTL, their related entities that operate using the “Deloitte” name in the United States and their respective affiliates. Certain services may not be available to attest clients under the rules and regulations of public accounting. Please see www.deloitte.com/about to learn more about our global network of member firms.

Media Contact:
Kristin Hege
kristin@conveycommsagency.com
480-540-6496

The health coaching platform earned a spot on the 2022 list of fastest growing private companies

CRANFORD, NJ — Aug 16, 2022 — Avidon Health, a digital coaching technology that helps disrupt unhealthy habits, today announced it ranked 956 on the annual Inc. 5000 list, the most prestigious ranking of the fastest-growing private companies in America. The list represents a one-of-a-kind look at the most successful companies within the economy’s most dynamic segment–its independent businesses.

“Our team is committed to helping create personalized experiences that create healthy habits,” said Clark Lagemann, CEO at Avidon Health. “We are honored to receive this recognition which is a testament to our passion for making a measurable impact at scale. Avidon Health’s growth symbolizes the need organizations have to influence healthy actions and we will remain committed to helping diverse populations make positive life changes.”

The company has continued to innovate to help organizations meet the wellness needs of their employees and members, and recently expanded well-being courses focused on stress management and substance use. The new content was designed to meet the increased mental health support among remote and hybrid organizations.

“Organizations and coaching teams need to address the health and well-being of their members like never before,” added Lagemann. “Health coaching solutions, like Engagement Rx, can help create the kind of lasting changes that people need. More than one million people have benefited from the programs that Avidon Health provides.”

The companies on the 2022 Inc. 5000 have not only been successful, but have also demonstrated resilience amid supply chain woes, labor shortages, public health challenges and the ongoing impact of Covid-19.

“The accomplishment of building one of the fastest-growing companies in the U.S., in light of recent economic roadblocks, cannot be overstated,” says Scott Omelianuk, editor-in-chief of Inc. “Inc. is thrilled to honor the companies that have established themselves through innovation, hard work, and rising to the challenges of today.”

To learn more about Avidon Health and Engagement Rx visit avidonhealth.com. Complete results of the Inc. 5000 can be found at www.inc.com/inc5000.

About Avidon Health:

Avidon Health is a team of behavioral health experts that provides innovative coaching solutions to disrupt unhealthy behaviors. Avidon’s proprietary digital health platform, Engagement Rx^®, is an all-in-one coaching technology that automates personalized experiences to create a measurable impact at scale. Launched in 2020 following MedPro Wellness’ acquisition of SelfHelpWorks, Avidon Health combines digital coaching with cognitive behavioral therapy principles to produce lasting change for participants. Learn more at avidonhealth.com.

More about Inc. and the Inc. 5000

Methodology

Companies on the 2022 Inc. 5000 are ranked according to percentage revenue growth from 2018 to 2021. To qualify, companies must have been founded and generating revenue by March 31, 2018. They must be U.S.-based, privately held, for-profit, and independent–not subsidiaries or divisions of other companies–as of December 31, 2021. (Since then, some on the list may have gone public or been acquired.) The minimum revenue required for 2018 is $100,000; the minimum for 2021 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Growth rates used to determine company rankings were calculated to four decimal places. The top 500 companies on the Inc. 5000 are featured in Inc. magazine’s September issue. The entire Inc. 5000 can be found at http://www.inc.com/inc5000.

About Inc.

The world’s most trusted business-media brand, Inc. offers entrepreneurs the knowledge, tools, connections, and community to build great companies. Its award-winning multiplatform content reaches more than 50 million people each month across a variety of channels including websites, newsletters, social media, podcasts, and print. Its prestigious Inc. 5000 list, produced every year since 1982, analyzes company data to recognize the fastest-growing privately held businesses in the United States. The global recognition that comes with inclusion in the 5000 gives the founders of the best businesses an opportunity to engage with an exclusive community of their peers, and the credibility that helps them drive sales and recruit talent. The associated Inc. 5000 Conference & Gala is part of a highly acclaimed portfolio of bespoke events produced by Inc. For more information, visit www.inc.com.

For more information on the Inc. 5000 Conference & Gala, visit http://conference.inc.com/.

Media Contact:
Kristin Hege
kristin@conveycommsagency.com
480-540-6496

Listen to the Empowered Patient Podcast with Karen Jagoda featuring Clark Lagemann, CEO of Avidon Health.

Time to listen: 16 minutes – Empowered Patient Podcast

In this episode:

Substance use in the workplace causes absenteeism, lost productivity, and increased healthcare expenses. Many employees often don’t want to admit they are struggling but need access to support and resources to help them make lasting lifestyle changes.

In a podcast interview with Karen Jagoda on the Empowered Patient Podcast, CEO Clark Lagemann discusses how to create awareness around substance use in the workplace and what organizations can do to help struggling employees.

Their discussion covers:

• How has the hybrid workplace affected this trend
• The effects of substance use in the workplace
• How technology can help organizations address this issue
• Advice to companies who want to help employees make changes in their workplace.

Click here to listen on Apple Podcasts.