BRENTWOOD, Tenn., Dec. 11, 2024 /PRNewswire/ — This month, Premise Health celebrates its 10-year anniversary as a brand while honoring its 60-year legacy as a healthcare provider. As the nation’s largest direct healthcare provider, Premise partners with employers and unions to provide high-quality, personalized care for their people with its industry leading approach to advanced primary care and occupational health.
This month, Premise Health celebrates its 10-year anniversary as a brand while honoring its 60-year legacy as a healthcare provider. Premise operates more than 800 wellness centers across the nation for 400 commercial and municipal employers, health plans, unions and tribes. The company’s 2024 annual study found that its advanced primary care model saves attributed members 30%, or $2,434 on average in total healthcare costs and reduce costly admissions for inpatient or emergency services.
“Anniversaries and birthdays offer us the chance to reflect on how far we’ve come, as an organization and as a team,” observed Stu Clark, who has served as CEO since 2006. “As I reflect on our journey, I remember some of the immense challenges we’ve overcome, including a global recession in 2008 and a pandemic in 2020, all of which forged us into the company we are today.
“I also remember the many deliberate decisions that we made and steps that we took to build a primary care foundation that delivers real, meaningful value for organizations and members. Ultimately, it’s our uncompromising passion for providing exceptional healthcare and measurable value that’s led to our continued success. And perhaps our tendency to take our work personally, too, I might add.”
A look back in time
Starting in 1964, a series of small healthcare companies began forming across the country to serve employers and employees, planting the roots of what would eventually grow to become Premise Health. As the company continued to grow, its focus gradually shifted toward incorporating primary care into its onsite model.
By 2014, continued success and expansion led to a merger between two companies, CHS Health Services and Take Care Employer Services. The combined companies announced their new name that winter: Premise Health. At that time, Premise managed 500 worksite health and wellness centers for 200 of the nation’s leading employers, providing primary care, pharmacy, occupational health, wellness and condition management, physical therapy and fitness.
In 2018, Premise was acquired by the private equity investment arm of OMERS, one of Canada’s largest pension plans. The partnership was founded on the companies’ shared values and vision to lead change within the healthcare industry, intent on establishing value-driven care as the standard.
With added support from OMERS, the company continued expanding its reach and investing in new technologies to refine core elements of its primary care model, keeping its sights on delivering the most convenient, comprehensive, and proactive care possible.
Story Continues