(Lisbon, Portugal and Zurich, Switzerland, 16 February 2023) – Portuguese AdvanceCare, an independent healthcare management provider launches ‘AdvanceCare+’ a holistic health and wellbeing platform for its clients which was developed by Swiss Healthtech and Insurtech company dacadoo.
The newly announced Digital Health Engagement Platform AdvanceCare+ motivates its users into adopting healthier lifestyles and is being launched for AdvanceCare customers in Portugal this month.
AdvanceCare+ uses dacadoo’s technology that is built on over 300 million person-years of scientific data. It aggregates principles from gamification, behavioral science, automated coaching and artificial intelligence for an engaging and encouraging user experience.
At the core of AdvanceCare+, is the award-winning dacadoo Health Score, which quantifies holistic health in a single number from 0 (poor) to 1,000 (excellent). The Health Score changes in near real-time depending on a number of lifestyle factors, physical health and mental wellbeing.
Those factors are also adjusted to local context (typical diets, typical lifestyle habits, etc.). Leveraging its Clinical expertise with dacadoo’s flexibility to adjust parameters, it was possible to achieve a solution tailored to the Portuguese market.
The technology behind AdvanceCare’s platform has been proven highly effective, with 64% of users reporting improvements to their Health Score after just 12 months of using the platform. The overwhelming majority of those users (90%) increased their Health Score due to better lifestyle choices, which are of crucial importance to overall health outcomes.
AdvanceCare is taking their mission “to promote a healthy life and take care of clients at all stages of their lives”, to action and to a measurable level via their own Digital Health Engagement Platform.
José Pedro Inácio, CEO at AdvanceCare says: “AdvanceCare+ is a holistic tool to address all prevention levers, and not just a typical ‘exercise tracker’. Prevention is already an inevitable priority in healthcare for the next decade for all insurers. Keeping the traditional health insurance approach will result in an increase in claims, driven by the population aging and an increase in chronic diseases. Offsetting those claims would only be possible by a continuous increase in premiums – and progressively becoming less competitive. Prevention will allow insurers to address their long-term loss ratio while staying competitive in the market.”
Peter Ohnemus, President and CEO of dacadoo, states: “I am very excited to announce this partnership with AdvanceCare as it is our first client in Portugal and of great strategic importance. It is interesting to see how in every corner of the world health and wellbeing are at the forefront of our lives, both for consumers and companies alike. I am happy to see that leading organizations such as AdvanceCare react so timely and appropriately to changing industry needs by truly implementing the #WECARE strategy and continuing to thrive in a disrupted world and market.”
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About AdvanceCare
AdvanceCare was founded in 1998 as a health platform to manage health insurances and plans for multiple insurance companies of reference in Portugal. Currently, the AdvanceCare Group manages more than 1.3 million clients, with annual claims of €350+ million. In 2020, the AdvanceCare group was integrated into the Generali Group, an international group present in more than 50 countries, which further enhanced the potential to grow and serve more customers. For more information, please visit https://advancecare.pt/
About dacadoo
dacadoo, named a 2021 “Cool Vendor in Insurance” by Gartner, and Leader in Risk 2022 by CB Insights, licenses its Digital Health Engagement Platform, including its Health Score and Risk Engine to Life & Health insurance operators (B2B), supplying Insurtech and health-tech solutions to over 35 of the top 100 Life & Health insurance operators globally. Available in over 18 languages, dacadoo’s technology is provided as a fully branded, white label solution or it can be integrated into customers’ products through its API. Through its ‘Connect, Score, Engage’ offering, dacadoo supports Life & Health operators to motivate their clients to lead healthier lifestyles through its SaaS-based Digital Health Engagement Platform. dacadoo also provides its Risk Engine, which calculates relative risk on mortality and morbidity in real-time. dacadoo has over 120 employees across locations in Europe, North America and Asia-Pacific and over 100 filed patents around their digital Life & Health solutions. dacadoo is entirely committed to privacy and security, hence why it designs and operates its solutions in line with industry standards, laws and regulations such as the Swiss Federal Act on Data Protection, GDPR, and HIPAA. Its Information Security and Privacy Management System is certified according to world-renowned ISO 27001 and ISO 27701 standards.
Press Contact:
Manuel Heuer
manuel.heuer@dacadoo.com
