Revolution Health Group
Encyclopedia
Revolution Health Group is a United States
-based corporation
founded in July 2005 by Steve Case
, who previously co-founded America Online. Revolution Health’s stated mission is to change healthcare by giving people the tools, information and support to manage their health and wellness actively.
Revolution Health Group is one of three companies in the Revolution LLC
group of companies.
Revolution Health is a health-related portal site and social network that some have described as akin to WebMD
. Users are urged to ask
questions and answer other users’ questions, rate their doctors, participate in online discussions and otherwise contribute content. The site also has a number of tools to help people become healthier, such as a calculator that shows how long you need to do a given activity to lose a pound of weight, and a tool for showing you how much money an individual will save if he quits smoking. Every user has a profile page where they can link up to other users, set personal goals and aggregate content they’ve contributed to the site.
The company portal launched on January 20, 2007, using Ruby on Rails
technology.
On October 25, 2007, the company dismissed 60 employees, or a quarter of its work-force, ostensibly as part of a restructuring
.
On May 23, 2008, RHG terminated its employer business unit and business to business unit as well as laying off
an additional 50 people.
On October 3, 2008, Revolution Health announced that it would merge
with Waterfront Media
, which operates the Everyday Health Network, in a deal valued at $300 million . The combined company is projected to have more than 20 million unique users* and, according to a comScore research custom report.
United States
The United States of America is a federal constitutional republic comprising fifty states and a federal district...
-based corporation
Corporation
A corporation is created under the laws of a state as a separate legal entity that has privileges and liabilities that are distinct from those of its members. There are many different forms of corporations, most of which are used to conduct business. Early corporations were established by charter...
founded in July 2005 by Steve Case
Steve Case
Stephen McConnell "Steve" Case is an American businessman best known as the co-founder and former chief executive officer and chairman of America Online . Since his retirement as chairman of AOL Time Warner in 2003, he has gone on to build a variety of new businesses through his investment...
, who previously co-founded America Online. Revolution Health’s stated mission is to change healthcare by giving people the tools, information and support to manage their health and wellness actively.
Revolution Health Group is one of three companies in the Revolution LLC
Revolution LLC
Revolution LLC is a principal investment firm and the parent company to several companies including Revolution Places, a resort management company, Revolution Health, a personal health care network, Revolution Living, a personal wellness network, and Revolution Money, a Web 2.0 payment platform...
group of companies.
Revolution Health is a health-related portal site and social network that some have described as akin to WebMD
WebMD
WebMD is an American corporation which provides health information services. It was founded in 1996 by Jim Clark and Pavan Nigam as Healthscape, later Healtheon, and then acquired WebMD in 1999 to form Healtheon/WebMD...
. Users are urged to ask
questions and answer other users’ questions, rate their doctors, participate in online discussions and otherwise contribute content. The site also has a number of tools to help people become healthier, such as a calculator that shows how long you need to do a given activity to lose a pound of weight, and a tool for showing you how much money an individual will save if he quits smoking. Every user has a profile page where they can link up to other users, set personal goals and aggregate content they’ve contributed to the site.
The company portal launched on January 20, 2007, using Ruby on Rails
Ruby on Rails
Ruby on Rails, often shortened to Rails or RoR, is an open source web application framework for the Ruby programming language.-History:...
technology.
On October 25, 2007, the company dismissed 60 employees, or a quarter of its work-force, ostensibly as part of a restructuring
Restructuring
Restructuring is the corporate management term for the act of reorganizing the legal, ownership, operational, or other structures of a company for the purpose of making it more profitable, or better organized for its present needs...
.
On May 23, 2008, RHG terminated its employer business unit and business to business unit as well as laying off
Layoff
Layoff , also called redundancy in the UK, is the temporary suspension or permanent termination of employment of an employee or a group of employees for business reasons, such as when certain positions are no longer necessary or when a business slow-down occurs...
an additional 50 people.
On October 3, 2008, Revolution Health announced that it would merge
Mergers and acquisitions
Mergers and acquisitions refers to the aspect of corporate strategy, corporate finance and management dealing with the buying, selling, dividing and combining of different companies and similar entities that can help an enterprise grow rapidly in its sector or location of origin, or a new field or...
with Waterfront Media
, which operates the Everyday Health Network, in a deal valued at $300 million . The combined company is projected to have more than 20 million unique users* and, according to a comScore research custom report.