Medical data and technology company HeraMED Limited (ASX:HMD) has signed a strategic partnership enterprise agreement with Fond Perks in the US.
Fond Perks has an extensive client list and the first client to be offering its employees access to HeraCARE actually approached Fond with a request to add HeraCARE to its employee Perks portfolio.
Fond plans to incorporate HeraCARE across its enterprise portfolio to be available for all its clients which include several large multinational employers.
US employers typically offer employees a range of benefits to reinforce company culture and improve retention. These benefits include health insurance and other lifestyle benefits. The expectation is that HeraCARE may be offered not only to pregnant women in the workforce but also to employees’ female partners.
The agreement is a multi-year agreement with 100% of the license fees to be paid up front for each pregnancy.
A separate agreement has also been signed with Entrustia Health, launched by the founders of Refresh Health, to provide Obstetrics and Gynaecology support to the pregnant women using HeraCARE. Entrustia Health will be responsible for coordinating the implementation and ongoing sales of accessories, licenses, and provision of support. Entrustia Health will seek to promote HeraCARE amongst its network of obstetricians.
“I am pleased to be launching this strategic partnership with Fond and Entrustia and I believe the employer vertical will represent an important growth channel for HeraMED in North America,” HeraMED President of North America, Keith Koby, said.
“I am proud of how quickly the team was able to execute the strategy resulting in a process where we are paid upfront, and the care is delivered in conjunction with the employees’ own dedicated clinical care team. I am confident that this new, innovative model will lead to better outcomes for both the employees and employers as well as further revenue growth for HeraMED as we bring on additional employers,” he said.
About Fond
Headquartered in San Francisco, California, Fond is a global SaaS platform that seamlessly consolidates employee rewards and recognition processes into one easy-to-use solution. With Fond, employees and managers can recognise each other, redeem rewards, access exclusive corporate discounts, and measure success so HR departments spend less time managing programs and more time driving results.
Employees around the world use these points to redeem rewards and corporate perks on the Fond platform.
Fond Perks has an extensive client list, comprising several household names including Salesforce, Levi Strauss and Pegasystems.