Higi Explained

Higi SH LLC
Type:Public
Location:Chicago
Key People:Jeff Bennett, CEO through the sale to Modivcare in 2023
Industry:Health care
Parent:Modivcare
Homepage:higi.com

Higi is a consumer health service that provides publicly accessible health stations, offers educational content and health risk tests and offers digital and home health tools.[1] The stations appear in supermarkets, pharmacies, and other community locations.[2] [3] [4] Higi has nearly 6,500 health stations in the United States.[5] [6] It was founded in 2012 by Michael W. Ferro Jr.[7] while Khan Siddiqui was the founding CEO. In 2014, Michael Ferro sold his prior stake to William Wrigley Jr. II. At that time, the company combined with StayHealthy to form Higi SH, which was the operating entity of Higi until its sale to Babylon. In 2023, Babylon sold Higi to Modivcare.

Company

Higi acquired Merge Health Information Kiosks for $2.75 million in 2012[8] and combined kiosk provider Stayhealthy in 2014.[9] [10] It received investment from BlueCross BlueShield's venture fund in 2017.[11] [12] Another notable investor is Lupe Fiasco, who accepted a role as creative director of the company.[13] [14] [15] [16] As part of the Blue Shield investment, Higi acquired a Seattle company called EveryMove.[17]

In 2017, Sam's Club began offering Higi in its stores[18] [19] Higi also placed kiosks at Vanderbilt University[20] and Wegman's supermarkets[21] The stations are also at Publix, Meijer,[22] Rite Aid[23] and other stores.

In 2018, Higi raised a Series C round of $21.3 million from Flare Capital Partners and 7wireVentures.[24] [25]

Higi named a new Chairman Chris Kryder in August 2018.[26]

In January 2022, Higi was acquired by Babylon Health.[27]

In May 2023, Higi announced it had been acquired by ModivCare.[28]

Notes and References

  1. Web site: Higi Health Stations Can Now Share Data with Epic's EHR. Pharmacytimes.com.
  2. Web site: higi SH llc: Private Company Information - Bloomberg. Bloomberg.com.
  3. Web site: Kiosk startup higi headed to 4,000 Rite Aid stores. 6 February 2014. Mobihealthnews.com.
  4. Web site: Higi Raises $40 Million to Expand its Network of Health and Wellness Kiosks. Americaninno.com. 24 August 2018.
  5. Web site: Payfone Expands Healthcare Footprint with Market Leaders - Markets Insider. finanzen.net. GmbH. Markets.businessinsider.com.
  6. Web site: Wegmans expands higi partnership. Retailleader.com.
  7. Web site: Michael Ferro's health care startup Higi inks deal with Rite Aid. Chicagobusiness.com.
  8. Web site: Deals of the day -- mergers and acquisitions. Reuters.com.
  9. Web site: Higi raises $40 million for its health tracking kiosk, app. 11 January 2016. Mobihealthnews.com.
  10. Web site: Higi and Stayhealthy team up in kiosk consolidation. 14 August 2014. Mobihealthnews.com.
  11. Web site: BlueCross BlueShield fund invests in Ferro health care creation Higi. Chicagobusiness.com. 29 March 2017 .
  12. Web site: Blue Cross and Blue Shield fund invests in Ferro healthcare creation Higi. Modernhealthcare.com.
  13. Web site: Lupe Fiasco's health startup higi acquires challenge and rewards platform Earndit. 17 December 2013. Mobihealthnews.com.
  14. Web site: Rapper Lupe Fiasco Discusses His Role at Tech Startup higi. Wsj.com.
  15. Web site: Lupe Fiasco Launches New Health and Wellness App Higi - XXL. XXL Mag.
  16. Web site: Lupe Fiasco Takes 'Normal Job' as Creative Director of Health Start-Up. Billboard.com.
  17. Web site: Seattle wellness tracking startup EveryMove acquired by personal health scanning company higi. 29 March 2017. Geekwire.com.
  18. Web site: Sam's Club® Offers higi Technology to Help Members and the Public Take Greater Control of their Health - Sam's Club Corporate. Corporate.samsclub.com.
  19. Web site: Sam's Club teams up with higi to offer health screening kiosk, app to members - Center for Health Technology & Innovation. 19 February 2017. Ahahealthtech.org.
  20. Web site: Check Weight and Blood Pressure With Higi On Campus and Across the Country - Vanderbilt Faculty & Staff Health and Wellness. Vanderbilt University School of. Medicine. Vumc.org.
  21. Web site: Wegmans connects with customers on health. 23 April 2018. Supermarketsnews.com.
  22. Web site: Greater Cincinnati, your blood pressure is a mess. Cincinnati.com.
  23. Web site: New In-Store, Online, and Mobile Drugstore Services - Consumer Reports. Consumerreports.org.
  24. Web site: Health kiosk maker higi raises $21.3M Series C. July 10, 2018.
  25. Web site: $21.3 Million Investment in higi, led by Flare Capital Partners and 7wireVentures, Fuels Opening of Healthcare's New "Front Door". The Daily Times. July 10, 2018.
  26. Web site: Fast-growing Higi names executive chairman. Retailleader.com.
  27. Web site: London's Babylon Acquires Higi to Deliver Digital-First Healthcare to US . pymnts.com . 25 January 2022.
  28. Web site: Higi Joins Modivcare Platform to Accelerate Clinical Connectivity and SDoH Impact . higi.com . 11 July 2023.

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