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NATION'S FASTEST GROWING HEALTHCARE MARKETING AND COMMUNICATIONS FIRM EXPANDS TO SUPPORT INNOVATORS TRANSFORMING U.S. HEALTHCARE120/80 GROUP Invests to Serve New Markets Propelled by Artificial Intelligence Agency Adds Strategic Leadership, Launches New Brand, Expands Services NEW YORK AND SAN JOSE, Calif., April 2, 2024 /PRNewswire/ -- Marking five years of unprecedented results in healthcare marketing and communications, 120/80 GROUP today announced multiple investments to support organizations, advocates and innovators who are transforming the U.S. healthcare system. The firm is accelerating into new markets with strategic executive appointments, an expanded portfolio of capabilities and a scalable organizational structure housed under a single entity, 120/80 GROUP, overseeing two go-to-market brands:
"Today, 'digital health' is no longer a discrete market within healthcare – it has become the defining characteristic of all healthcare." "We began five years ago with a clear focus on supporting the innovators transforming healthcare," said Rob Cronin, CEO and founder of 120/80 GROUP. "The onset of the pandemic, however, shined a bright light on many cracks in our nation's healthcare system and thrust our clients from a supporting to a central role. "Doctors, nurses, pharmacists and mental health professionals went online to expand access and provide us with care. Health plans and employers made new benefits and services available to millions dealing with chronic illness. Scientists turned to new technology to develop vaccines and therapies faster than ever before. Our clients rose to the occasion and, in the process, began to create a more robust, easier-to-use, integrated and economically sustainable digital health infrastructure. Today, 'digital health' is no longer a discrete market within healthcare – it has become the defining characteristic of all healthcare. "Moreover, the future of healthcare will be driven by compute more than chemistr. Rapidly emerging AI-systems promise exponential advances in patient care, outcomes and access as well as clinician safety and wellbeing. The definition of innovation and innovators in healthcare has changed forever and we are there – recruiting, organizing, investing to tell the story of that transformation, its breakthroughs, challenges and impact." Expanded Leadership, Scaled Services
"Our team possesses a rare combination of knowledge, wisdom and relationships to advise and connect leaders across healthcare, technology and finance who are working together to transform healthcare," said Long. "We routinely advise executive teams because we not only understand but are in the best position to articulate a forward-looking narrative about companies, categories and competition – one that goes way beyond the numbers. "Our first five years have been a tremendous period of learning, driving outcomes for clients and staff development. I feel extremely fortunate to wake up every day knowing that I'm working with the best people in the industry." "There is something very unique happening in healthcare," said Fay. "It has been famously and understandably resistant to embrace new technologies, but is already leading in important ways in AI. We believe AI will reorient healthcare around the patient and unlock the aggregate experience of every patient journey to the benefit of every individual. But only if it can be trusted. Our team brings deep experience working with key constituencies across healthcare, tech and related policy communities, and an understanding of how they learn, communicate and intersect with each other. This has been critical to the partnerships we have built with clients at 120/80 MKTG and will be at the core of AOx3 from day one." "Today, we are capitalizing on a market opportunity that was earned through great work and a passion to transform healthcare," said Grates. "These and other investments are designed to propel our clients to the next level of success. We are expanding the market for our services to Fortune 500 healthcare and technology companies that are leading with innovation. The intent is to catapult our position as the consultancy of choice for leading innovators in healthcare while taking away clients, market share and talent from more traditional agencies overly reliant on profitable and repeatable but narrowly drawn services. "Healthcare marketing and communications is no longer defined by drug launches, pitching to doctors and patients, influencing policymakers and crisis comms," said Grates. "The market has changed. Investors and customers are prioritizing innovation and execution. CCOs, CINOs and CEOs know this and are turning to us for our one-of-a-kind mix of knowledge, network, and proven ability to help them reposition their brand from 'drug maker' and 'device maker' and 'hospital' and 'health insurer' — to 'innovator.' And doing so at the right size – no bureaucracy, no nonsense." About 120/80 GROUP Media Contacts: Rob Cronin View original content to download multimedia:https://www.prnewswire.com/news-releases/nations-fastest-growing-healthcare-marketing-and-communications-firm-expands-to-support-innovators-transforming-us-healthcare-302105413.html SOURCE 120/80 GROUP |