Fountain Life Acquires Health Data Technology Company LifeOmic. Through the transaction, Fountain Life will own all of LifeOmic’s intellectual property, including the LifeOmic Platform and software, LifeOmic Patient Mobile App, and a suite of consumer-focused mobile apps and science-backed educational content.
In addition, Fountain Life will add a worldclass team of coders, designers and engineers whose expertise in data platforms, AI-systems and medical technology development and deployment will help to expand Fountain Life’s data-driven preventative care membership services. Financial terms of the transaction were not disclosed.
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The LifeOmic Platform, which features cloud data storage, genomic data analysis, electronic health record (EHR) integration, artificial intelligence (AI) and machine learning capabilities, wearable and medical device integration, and telehealth solutions, is poised to become the technology backbone of Fountain Life’s proactive healthcare offering.
The deal supports Fountain Life’s mission of transforming the current healthcare system into one that is both proactive and data-driven, boosting longevity and driving the industry to detect and treat illnesses earlier.
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It comes at a critical inflection point within the healthcare industry, as the shift from reactive to proactive care intensifies, driven by the estimated $5.2 billion longevity economy and a consumer focus on optimizing health to expand and enhance lifespan.
Bill Kapp, M.D., Fountain Life’s CEO and co-founder said, “Our mission at Fountain Life is to radically reinvent healthcare by enhancing individuals’ healthspans using the most advanced diagnostics and vetted, personalized therapeutics, The integration of LifeOmic’s technology will enable us to augment the technology that serves as the foundation for our services. While today we are delivering proactive care through Fountain Life centers throughout the U.S., our plan is to make the same services available to individuals anywhere at any time, eventually even in their homes. LifeOmic’s tools will be critical to this expansion.”
Fountain Life is committed to preserving quality of life throughout the aging process by early identification of potentially debilitating diseases early. The company is creating a new kind of healthcare that is predictive, preventive, personalized, and data driven.
Don Brown, M.D., the CEO and founder of LifeOmic said, “LifeOmic has built technology designed for precision medicine and personalized care, The healthcare industry is at a turning point. The future of medicine is here, and it requires a more proactive approach. I am thrilled to be part of an organization leveraging the latest science and technology to disrupt the healthcare system with a focus on preventing disease and, when necessary, finding and treating it at the earliest possible stage.”
About Fountain Life:
Fountain Life brings together the world’s most renowned scientists and physicians to boost longevity and performance – putting health back in healthcare. Fountain Life does this by using cutting-edge Artificial Intelligence (AI) to collect data and gain insights into the human body that have never been possible before.
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