The company actually does a bit more than wellness and sells their services to employers to reduce cost and provides onsite services. You can read the Summit website, clip below to get a better understanding as I see everything from claim processing, to coaching to clinical trial consulting services. BD
“For over ten years, Summit Health has been helping employers and health plans control and reduce their health care costs by providing worksite wellness services for employees and health plan members. Our approach is to provide on-site wellness programs and client support systems that meet or exceed our clients’ expectations and increase the health of their populations. We work with our client organizations to develop a custom wellness program to achieve their goals, thus helping them realize a better ROI on their wellness investments.”
MADISON, N.J., April 21, 2014 /PRNewswire/ -- Quest Diagnostics (NYSE: DGX), the world's leading provider of diagnostic information services, has completed the previously announced acquisition of Summit Health, a leading provider of on-site prevention and wellness services. Financial terms were not disclosed.
Health and wellness is a large and fast growing segment within the healthcare industry. A report by RAND Corp based on 2012 data found that 85% of employers with over 1,000 employees offer a wellness program.
The combined business will be referred to as Quest Diagnostics Health and Wellness Services. Quest's Blueprint for Wellness wellness biometric screening offering will continue to represent the company's direct-to-employer services. Summit Health's offering will primarily represent private-label services that health plans and health-improvement companies can resell to employers and other clients. It is complementary to Quest's own wellness offering, whose customers tend to be large employers. Both businesses have been growing organically in the double digits.