Newark, New Jersey-November 30th, 2022 – Advanta Health Solutions, Inc., today announces a new partnership with Sourcewell, a government program in Minnesota fostering training initiatives and improved communities in central Minnesota. This partnership will help organizations and public employers enhance the wellness of their workers with a state-of-the-art, customized employee wellness program that lowers overall health benefits costs.
“Wellness is the state of being in good health – physically, mentally, spiritually, financially, and socially. Many public employers are seeking ways to help their employees achieve states of wellness. In response, Sourcewell competitively solicited and awarded contracts that not only help provide a wellness program for our clients but also seek to engage usage by employees,” says Sourcewell Manager of Insurance Solutions Ryan Donovan.
Advanta Health Solutions was honored to be awarded a cooperative purchasing contract with Sourcewell to help public employees in Minnesota achieve better wellness outcomes and overall improved health. The move also allows HR managers and directors of agencies lower their healthcare costs, reward employees for achieving their health goals, and tailor a wellness initiative to each person who signs up for one. Employee wellness programs can achieve a $1.50 return on investment for every dollar spent and can lower health insurance premiums as those costs continue to rise. Wellness programs offer a way for government agencies and organizations to save money without cutting services or benefits, helping them retain workers.
Sourcewell members will have exclusive pricing on Advanta products and platforms, with functionality that may include:
- Digital wellbeing platform
- Health & wellbeing content
- Integration, reporting, & surveys
- ACH payment processing
- Gym reimbursement services
- Customizable solutions
- Virtual fitness
- Onboarding & engagement
- Client support services
- Software development kit (SDK)
- Analytics & reporting
A self-sustaining government organization, Sourcewell has over 40 years of dedicated service, helping government, education, and nonprofit agencies operate more efficiently through various solutions.
- Contract purchasing solutions that are competitively solicited nationally, offering over 400 awarded contracts.
- Technology solutions for schools provided through a specialized division called Sourcewell Technology.
- Regional programs and services to support area schools and communities – such as shared professional services and training opportunities for a five-county service region in Minnesota.
About Sourcewell: Sourcewell, headquartered in Staples, Minn., is a self-sustaining government organization, partnering with education, government, and nonprofits to boost student and community success. Created in 1978 as one of Minnesota’s nine service cooperatives, Sourcewell offers training and shared services to central-Minnesota members. Throughout the United States and Canada, the organization offers a cooperative purchasing program with more than 400 awarded suppliers on contract.
About Advanta Health Solutions: Advanta Health Solutions, Inc. is a health technology company devoted to bringing agility and flexibility to the wellness incentive industry. The company provides an array of customized solutions for health plans and plan sponsors which motivate and reward members for both physical and mental fitness. Advanta Health serves clients of all sizes with a mission to help them attract and retain a healthier workforce and regularly engage with their employees. For more information on Advanta Health or a demo of its solutions, visit www.advantahealth.com or contact John Salo at [email protected].