Arvest Bank, Newtopia Partner to Prevent, Slow, and Reverse Chronic Disease Through Sustainable Habit Change

Rhea-AI Summary

Arvest Bank and Newtopia Inc. announce a partnership to improve health outcomes and reduce chronic metabolic disease burden. The collaboration aims to provide personalized whole health coaching to Arvest associates, enhancing well-being and quality of life.

FAYETTEVILLE, Ark., March 7, 2024 /PRNewswire/ -- Arvest Bank, a leading community-focused bank with more than $27 billion in assets, and Newtopia Inc. (Newtopia) (TSXV: NEWU; OTCQB: NEWUF), a tech-enabled whole health platform, today announced a partnership to help Arvest associates reduce the burden of chronic metabolic disease while helping participants establish healthy habits for life.

Through this partnership, each Arvest participant will be personality-matched with a dedicated Inspirator (health coach) at Newtopia. Individualized journeys are then tailored to each participant based on their behavior genetics, influences such as family health history, social determinants of health, readiness-to-change, and personal preferences and goals.

Inspired by the launch of the Whole Health Coaching Project, spearheaded by Heartland Whole Health Institute, Arvest has joined the efforts to leverage personalized whole health coaching to improve quality of life, health outcomes, and costs.

"We are very excited to offer this program to our associates as part of our Total Rewards package at Arvest," said Michelle Van Schenck, Executive Director of Total Rewards at Arvest. "Wellness is multidimensional, and we want our associates to feel valued and included in every stage of life and health. Newtopia can support associates in their wellness journey, and we look forward to this partnership."

Arvest's Wellness Program focuses on improving health outcomes and helping associates and their families lead happier, healthier lives. Newtopia is strategically aligned with this aim.
Its philosophy of humans-helping-humans, amplified by technology, continues to generate industry-leading engagement, with 70% engagement across year one and proven medical cost savings of $1,464 per enrolled participant, as demonstrated in a randomized controlled trial sponsored and published by Aetna.

"We're honored to help Arvest with its goal of shrinking their population's burden and risk of chronic metabolic disease using Newtopia's proven platform," said Jeff Ruby, Founder and CEO of Newtopia. "We also couldn't be happier to partner with Arvest to help propel the momentum of this important regional effort directly with employers and health systems to improve chronic health outcomes and enhance health and well-being."

Arvest is the first bank in its four-state region of Arkansas, Kansas, Missouri and Oklahoma to offer Newtopia to its associates.

About Arvest
With more than $27 billion in assets, Arvest Bank is a community-based financial institution serving more than 110 communities in Arkansas, Kansas, Missouri and Oklahoma. Established in 1961, Arvest Bank is committed to meeting the needs of its more than 830,000 retail and business customer households by continually investing in the digital tools and services customers expect. Its extensive network of more than 200 banking locations provides loans, deposits, treasury management, wealth management, credit cards, mortgage loans and mortgage servicing as a part of its growing list of digital services. Arvest is known for its commitment to the communities it serves and to attracting, hiring and retaining a diverse group of talented people. Arvest is an Equal Housing Lender and Member FDIC. To learn more please visit www.arvest.com.

About Newtopia
Newtopia is a personalized whole health platform helping people create positive lifelong habits that prevent, slow, or reverse chronic disease while reducing healthcare costs. The platform leverages genetic, social, and behavioral insights to create individualized prevention programs with a focus on metabolic disease, diabetes, mental health challenges, hypertension, weight management, and musculoskeletal disorders. With a person-centered approach that combines virtual care, digital tools, connected devices, and actionable data science, Newtopia delivers sustainable clinical and financial outcomes. Newtopia serves some of the largest nationwide employers and health plans and is currently listed in Canada on the Toronto Stock Exchange (TSXV: NEWU) and is quoted in the US on the OTCQB^® Venture Market (OTCQB: NEWUF). To learn more, visit newtopia.com, LinkedIn, or X.

Contact:
Tara Muck
PR Manager, Arvest Bank
(479) 420-8989
tmuck@arvest.com

 

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SOURCE Arvest Bank

FAQ

What is the partnership between Arvest Bank and Newtopia Inc. about?

The partnership aims to help Arvest associates reduce chronic metabolic disease burden and establish healthy habits through personalized whole health coaching.

How will Arvest participants benefit from the partnership?

Each Arvest participant will be personality-matched with a health coach at Newtopia for individualized journeys based on behavior genetics, family health history, social determinants of health, readiness-to-change, and personal preferences.

What are the goals of Arvest's Wellness Program?

Arvest's Wellness Program focuses on improving health outcomes, helping associates and their families lead happier, healthier lives.

What are the proven medical cost savings associated with Newtopia's platform?

Newtopia's platform has shown proven medical cost savings of $1,464 per enrolled participant in a randomized controlled trial sponsored and published by Aetna.

Which region is Arvest the first bank to offer Newtopia to its associates?

Arvest is the first bank in its four-state region of Arkansas, Kansas, Missouri, and Oklahoma to offer Newtopia to its associates.