Carepoynt Announces Significant Year-Over-Year and Quarterly Growth at HIMSS18

Healthcare Innovators Bring News of 10K Members, Las Vegas Expansion and Financial Backing


NEWPORT BEACH, Calif., March 05, 2018 (GLOBE NEWSWIRE) -- Carepoynt, a first-of-its-kind health- and wellness-focused rewards program, platform and network designed to put consumers at the center of their own healthcare experience—has multiple reasons to celebrate after a successful 2017 wrap-up and an even more promising start of the first quarter of this year. At the kickoff of the 2018 Healthcare Information and Management Systems Society Annual Conference & Exhibition (HIMSS18) today, the team was pleased to announce over 10,000 new members have joined the platform in the last 60 days. Carepoynt also revealed its expansion into Las Vegas, as well as the news that it has secured over $2M in total seed funding from enthusiastic investors.

“The team at Carepoynt is elated to share how far we’ve come in such a short period of time,” said company CEO and founder, Tim Stanley. “We could not be more thankful to our members, partners and investors for supporting a vision we believe will spark healthier choices within a society bogged down with the hassles of traditional healthcare. With HIMSS starting today, we are eagerly looking forward to spending time with our health industry peers to demonstrate precisely why our cutting-edge solution is seeing such an overwhelming, positive reaction in the marketplace.”

Launched publicly in 2017 and developed in response to the costly, chaotic and uncoordinated healthcare ecosystem, Carepoynt is a compelling consumer-centric program built around a multi-channel, cloud-based platform where members can connect, align, engage and be rewarded for healthy choices. The company has now established a trusted network of over 300 health-focused strategic partners, such as Whole Foods, Amazon, Aetna, CVS, Fitbit, GNC, F45 Training, Nike, Rite Aid, Freshly and iHealth and is growing daily. At HIMSS18, over 40,000 attendees, including health IT professionals, clinicians, executives and vendors, will have the opportunity to engage with Carepoynt leaders and see first-hand how convenient, digital solutions are revolutionizing the way our society maintains personal health and wellbeing.

Carepoynt – which is approaching 30,000 transactions since launch – is well on its way to securing up to $5M in seed funding in 2018. The company already has many notable investors including Tech Coast Angels, ACE Fund, HBS Angels and Shepherd Growth Partners. Just last week, the company announced Amazon as its newest partner to help fund philanthropic causes throughout the United States, with 3 percent of every dollar purchased going directly to a Carepoynt Community charity partner.

As a featured startup at HIMSS’ Innovation Live showcase, Carepoynt will also highlight its expansion in the Las Vegas area, a growing hub of smart initiatives and cutting-edge advancements spanning health, wellness, medicine, education and beyond. Considering the fairly recent developments of the Innovation District in downtown Las Vegas, the launch of the UNLV School of Medicine, and the accompanying evolution of the surrounding Las Vegas Medical District, there are multiple factors that led to Carepoynt’s decision to re-invest in one of America’s fastest-growing cities. 

“It’s been an incredible end of 2017, with phenomenal growth across all fronts into 2018,” added Stanley. “After creating the first CRM-powered rewards platform for health and wellness, the market has confirmed that it is ready for a solution like Carepoynt. With large, evolving populations of health-conscious consumers and employees looking for more rewarding healthcare and wellness solutions and a better quality of life, Carepoynt is an ideal fit to achieve better healthcare for all.”

To attend HIMSS18 and get up close with the Carepoynt team, please click here: www.himssconference.org.

Live Well. Be Rewarded. Share the Care. To learn more or to ‘joyn’ Carepoynt, visit www.carepoynt.com or email connect@carepoynt.com.

About Carepoynt: Carepoynt is the world's first health-focused rewards program, platform and network that puts consumers at the center of their own wellness experience. Developed in response to the costly, chaotic and uncoordinated healthcare ecosystem, Carepoynt is a compelling consumer-centric program built around a multi-channel, cloud-based Rewardsware for Healthcare™ platform where members can connect, align, engage and be rewarded within a trusted network of health-focused providers, payers, employers and strategic partners. With Carepoynt, it’s easy for members to earn redeemable “Poynts” by participating in healthy activities, engaging in care plans or promotions and making smart health- and wellness-related purchases. Carepoynt’s mission is to encourage healthier living, enhance value and improve the results of health investments, and enable more engaging experiences and better outcomes across the healthcare and wellness ecosystem. Carepoynt can also be leveraged for employer- or insurer-based wellness programs to foster smarter care planning and better results for patients and providers, and also delivers more purpose-driven relationships between health-oriented brands and consumers. Members can succeed by focusing on better value, lower costs and improved results by participating in this shift towards a healthier society. From Rewards to Results > Carepoynt Makes Healthcare More Rewarding for All™. Follow Carepoynt on Facebook, Twitter, and LinkedIn. For more information, or to joyn, connect with Carepoynt @ http://connect.carepoynt.com.

MEDIA CONTACT: Leslie Licano, leslie@beyondfifteen.com

A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/eb5ddf74-578e-4256-9595-14a056beda3b

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