Physitrack Plc: Champion Health Secures £1.1 million Milestone Deal to Power Workplace Wellbeing Across the UK
Summary
LONDON, GB / ACCESS Newswire / February 17, 2025 / Physitrack PLC (STO:PTRK) London, February 17, 2025 - Champion Health, the groundbreaking wellness software subsidiary of Physitrack Plc, has secured a \xa31.1 million deal to provide its cutting-edge platform to a leading provider of employee assistance, wellbeing, psychological services, physiotherapy, and occupational health services across the UK.This landmark four-year agreement, a vast majority of it annually recurring software subscription fees to the Champion Health software platform, cements Champion Health as an integral part of the customers long-term strategy, empowering HR professionals and company leaders to drive employee wellness, engagement, and productivity through ultra-personalised wellness action plans. Delivered via a seamless user interface, the platform enables employees to take charge of their emotional and physical well-being while generating anonymised insights to help management make data-driven decisions on issues such as: Work-related stress Financial well-being Mental and physical health challenges, leading to burnout and attrition Preventative strategies to enhance workforce performanceAs part of the agreement, Champion Health and its customer will collaborate to further enhance the platforms capabilities, ensuring it continues to be a best-in-class tool for organisations striving to create a holistic, integrated, and proactive approach to employee wellbeing.The customer, founded in 2004, has grown into a leading force in corporate health and wellbeing services, distinguished by its fully in-house service model-avoiding subcontractors to maintain unparalleled quality control, efficiency, and cost-effectiveness. "This deal and partnership represent a significant milestone for Champion Health," said Henrik Molin, CEO and co-founder of Physitrack Plc. "With this deal, the \xa31.1 million in total fees over four years, is the largest to date in terms of monetary value for the whole Physitrack group, Champion Healths software platform becomes a key enabler in the UKs corporate wellness landscape, reinforcing its role as a game-changing solution for businesses seeking to elevate their employee well-being initiatives with data-driven insights and personalised engagement strategies.Watch a Spotlight interview on the subject with Physitracks CEO and co-founder Henrik Molinhttps://vimeo.com/1053187312/bc5dff68ddEnquiries regarding this announcement should be addressed to:Henrik Molin, CEO, Physitrack.+44 208 133 9325ir@physitrack.commedia@physitrack.comAbout PhysitrackPhysitrack PLC, founded in 2012, is a global digital healthcare provider, focused on the B2B wellness and virtual-first care markets. Lifecare - SaaS platform tailored mainly to physiotherapy and musculoskeletal care, enabling practitioners to deliver clinical home exercises, education prescription, outcomes tracking, triaging and Telehealth.2.
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