Bloom Health Partners

Overview

Advanced health for employees is quickly becoming an essential part of running an organization. The Covid-19 pandemic has highlighted the importance of health and safety in the workplace. Many organizations are now looking at long-term employee health as part of their operations. A competitive labor market has shifted employers’ focus to retaining employees while finding innovative ways to attract new talent. This is happening at the same time that individual health needs are catching up after two years of pandemic management.

Today, companies are increasingly looking for ways to mitigate what is expected to be a decade of demanding employee needs, rising healthcare costs and a need for accurate risk management. This all comes at a high cost to organizations through lost productivity and ever-increasing health and liability insurance fees. Industry experts and top investors are taking notice of global opportunities for employer-provided health services. Larry Fink, CEO of Blackrock recently discussed on CNBC how worker health is “the new world of work…companies not adapting do so at their own peril.”

Given the new era of ‘safety culture’ in workplaces, it’s no surprise that the global workplace safety market size is expected to reach US$19.9 billion by 2025. The market is estimated to grow from an estimated value of US$12.1 billion in 2020 at a compound annual growth rate of 10.4 percent from 2020 to 2025. With an occupational health market in the workplace in 2021 of over US$6.5B in the US, this market is expected to rise significantly. Innovation in workplace health is needed to meet growing demand.

Bloom Health Partners (CSE:BLMH,OTCQB:BLMHF,FRA:D84) offers a global platform that provides healthcare security, diagnostic testing and occupational health-tech solutions. The company’s mission is to ensure that “unstoppable is possible'' for businesses and their employees through innovative and customized healthcare models. Bloom Health Partners serves several key markets, with services that include onsite healthcare, advisory services, K-12 school testing, television and film production sets, workplaces and live events.

Bloom Health Partners’ end-to-end healthcare delivery models are connected to its software platform with various solutions, including occupational health services, a data platform that manages end-to-end health intelligence, primary care services, employee screening and preventative care, laboratory services, Covid-19 and flu testing and vaccinations, employee healthcare maintenance and management, mental health services and wellness programs.

Bloom Health Partners’ platform empowers businesses and organizations to create strategies to manage health and safety while engaging employees. The company’s system is a stable, flexible, scalable and integrated health-tech platform that securely manages data while delivering comprehensive workplace health and safety outcomes. Bloom Health Partners’ platform is Android, Apple and smartwatch compatible.

The company’s platform provides businesses and organizations a competitive advantage through the reduction in lost time and productivity, worker’s compensation claims, disability costs, insurance premiums, retention and recruitment challenges, compared to the traditional workplace care model. The traditional workplace care model relies primarily on emergency first aid, off-site ER and outside clinics. Bloom Health Partners’ platform provides better and more convenient healthcare from pre-employment drug testing, health screening and job duty and function assessments to advanced on-site clinical care and telehealth and monitoring services.

Bloom Health Partners is trusted by multiple Fortune 500 companies, major film production companies, large entertainment venues, schools, manufacturing facilities and more to handle Covid-19 testing and safety compliance. The company’s major clients include PepsiCo, Netflix, Six Flags, Amazon Studios, Apple TV+, Live Nation, Sony and Viacom CBS. Bloom Health Partners has helped clients remain operational and avoid Covid-19-related shutdowns and delays. This has placed Bloom in a strong position to work with large organizations as they evolve into longer-term health needs for employees.

The company is led by a world-class team with a science-first approach. Bloom Health Partners’ board consists of foreign pharmaceutical executives and the chief medical officer of GE Corporate. Bloom Health Partners also owns and operates its best-in-class labs in major cities in the United States, including Los Angeles, Dallas, Atlanta, Chicago, Honolulu and Montgomery, Alabama, serving as a support network for its growing business.

The company has an established and diverse revenue stream with the potential for further growth. The company’s revenue stream comes from its software platform, occupational health services, testing, consulting services and research subscriptions.

Taking advantage of the growing opportunity in the new health-tech space, Bloom Health Partners continues to look for opportunities to expand its facilities and offices in the United States and Canada. Health is becoming an essential part of running a business and Bloom is pioneering the model.

Company Highlights

• Bloom Health Partners provides secure, stable, scalable, flexible, customized and end-to-end healthcare models to help businesses and organizations minimize health-related costs while maintaining a competitive advantage of safety.
• Serves several key markets, including onsite healthcare, advisory services, K-12 schools, television and film production sets, workplaces and live events.
• Solutions include occupational health services, a data platform that manages end-to-end health intelligence, primary care services, employee screening and preventative care, laboratory services, Covid-19 and flu testing and vaccinations, employee healthcare maintenance and management, mental health services and wellness programs.
• An impressive client base includes multiple Fortune 500 companies, major film production companies, large entertainment venues, schools and manufacturing facilities.
• A strong revenue model with diverse streams of income.
• Backed by an experienced management team and a world-class scientific team.
• A network of laboratories across the US, including Chicago, Honolulu, Los Angeles, Dallas, Atlanta and Montgomery, Alabama.