BEAUTY CARE

Symphony Health Solutions names CEO

BY Michael Johnsen

HORSHAM, Pa. — Symphony Health Solutions on Tuesday named Frank Lavelle CEO.  

“Frank Lavelle is a great leader who blends intense customer focus and strategic acumen," stated Romesh Wadhwani, chairman and CEO Symphony Technology Group. "In particular, his track record of leading organizations with strong customer intimacy as a key driver of success is a perfect match for us in his new role as CEO of Symphony Health Solutions,” she said. “Frank will be instrumental in leading Symphony Health Solutions to become the technology-driven market leader in differentiated data, research and analytics, with a laser focus on customer value creation. His relentless pursuit of excellence will drive our organization to achieve the highest quality execution and innovation to fuel growth.

“Quality management of the healthcare ecosystem to drive down expense while improving care is the only viable future for U.S. healthcare,” Lavelle said. “Healthcare data and insights are critical for not just for biopharma commercial organizations, but also communities, payers, providers and all manufacturers to understand and manage the business of health in a whole new way. The transformation of raw data to usable information to gain profound understanding is what we are all about. We will be relentlessly focused on delivering insights that enable our customers to make informed healthcare and business decisions in a daringly different way.”

For the past four years Lavelle served as the president and CEO of SunGard Data Systems’ K12 division, which provided technology solutions for the primary education marketplace. Lavelle has also served as the CEO for Siemens Medical Solutions and president for Medquist.   

Launched in May 2012, Symphony Health Solutions was formed by the Symphony Technology Group by combining four complementary healthcare insight companies, including AlphaDetail, ImpactRx, Source Healthcare Analytics and TargetRx, into a single entity.


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Tria Beauty’s at-home hair removal laser gets makeover

BY Antoinette Alexander

DUBLIN, Calif. — Tria Beauty, a provider of light-based skin care solutions, has announced the launch of the Tria Hair Removal Laser 4X.

The newest Tria Laser incorporates a pulse counter and treatment guide that improves compliance and helps users achieve dramatic hair reduction in less time, the company stated. The Tria Laser should be used every week for three months to achieve optimal results.

The Tria Hair Removal Laser 4X uses the same diode laser technology preferred by professionals for in-office treatments to deliver professional results in the privacy and comfort of home, at a fraction of the cost. The Tria Hair Removal Laser 4X promises to deliver up to 70% hair count reduction in two treatments. It is FDA-cleared for use on the face and body, the company stated.

 

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Medagate launches first dual network healthcare spending card

BY Michael Johnsen

ATLANTA — Medagate, a wholly owned subsidiary of InComm Holdings, on Monday announced the launch of the MasterCard Dual Value Health Card, the first dual network healthcare spending card. The Dual Value Health Card enables employers and health plans to combine a member/employee healthcare funding purse with a restricted-spend purse for targeted items and incentives.

“Effective participation in wellness programs requires advanced functionality and deeper levels of member engagement," commented David Wade, president of Medagate. "The drive toward rewarding healthy behavior will be accommodated by a new generation of customizable payment tools linked to familiar debit and prepaid cards that provide instant rewards and discounts at the point of sale,” he said. “Our experience in Medicare and Medicaid markets has shown that the availability of a targeted benefit can have a measurable impact on health behavior.”

By combining MasterCard’s payment network with InComm’s closed-loop payment system, the Dual Value Health Card can be swiped at the point of sale and routed to an open-loop or closed-loop processor, allowing the cardholder to offer payment on eligible items while simultaneously receiving targeted incentives, all in real time and right at the POS.

There are a multitude of product opportunities provided by the Dual Value Health Card. For instance, it can act as a defined contribution purse funded as a tax-deferred savings option such as a Health Savings Account, Health Reimbursement Arrangement or Flexible Spending Account. With the Dual Value Health Card benefits administrators can add a closed-loop network to fund general purchases or direct spending to an individual product or SKU number.

For example, administrators can designate spending for certain items, such as flu shots, prenatal vitamins or smoking cessation products. Retailers and benefit providers can also offer coupons or special promotions to specific populations (for example, allergy sufferers on the first day of hay fever season). Funds and items on defined contribution and controlled spend lists can be reloaded and redefined at any time.

“We believe the Dual Value Health Card will play an important role in the future of wellness initiatives while driving additional foot traffic to our retail partners’ store locations,” noted Brooks Smith, president and CEO of InComm. 

DSN last month had an opportunity to speak about Medagate’s new 2.0 restricted-spend platform available through Fred’s Super Dollar Stores as well as the evolution of incentive programs. To have a listen click here. 

Smartphone users can access the mp3 here. 


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