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  • 7/29/2019 Kohlberg Kravis Roberts, Co-Founded by Henry Kravis and George Roberts, Partners with the American Heart Association and Creates KKR Wellness Works

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    KKR Wellness Works Program

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    About KKR Wellness Works

    KKR Wellness Works was launched in 2011.

    Launched in 2011, KKR Wellness Works is an innovative programdesigned to help companies collaborate and improve theiremployees health and wellness.

    According to the website, It is centered on the concept thatindividuals who know and understand their key health indicatorscan better manage their health and improve their overall wellness.

    In September 2012, KKR and theAmerican Heart Associationannounced that they were working together on research that is

    focused on proactive wellness. This program is currently studying the effectiveness of workplace

    wellness initiatives through research.

    Four of KKRs private equity portfolio companies are participatingin the program.

    http://www.kkrwellnessworks.com/overviewhttp://www.kkrwellnessworks.com/alliance-with-ahahttp://www.kkrwellnessworks.com/alliance-with-ahahttp://www.kkrwellnessworks.com/overview
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    The Five-Part Program Model

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    http://www.kkrwellnessworks.com/http://www.kkrwellnessworks.com/
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    Commitment to Wellness

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    http://www.kkrwellnessworks.com/http://www.kkrwellnessworks.com/
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    Commitment to Wellness

    KKR has stated that they believe providing employees with healthinformation and resources will help create a positive change inpeople. This will happen by making them healthier, more informed,and engaged. This will result in lower health costs, less absents from

    work, improve productivity of employees, and create bettercompanies and communities.

    They believe that not only will this benefit people and companies,but it will also help people to consume fewer healthcare resources ingeneral.

    KKR stated that they, believe that the design of health care plans,wellness programs and additional tools provided to employees caneffectively promote healthier life choices, thereby reducing chronicdisease risk factors and uncovering underlying health risks.

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    Tom Uger Commitment to Wellness

    Tom Uger joined KKR in 1998 and is the co-head of KKRs Mediaand Communications.

    Tom is not only committed to health wellness, he is involved inimproving his community through conservation. He has helped toprotect over 135 acres in Standford.

    Tom is also an advocate for the arts, sitting on the Board ofDirectors of the Katharsis Theater Company. Katharsis createsclassic plays that are dynamic and surprise the audiences.

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    http://www.kkrwellnessworks.com/http://www.kkrwellnessworks.com/
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    Henry Kravis - Commitment to Wellness

    Henry Kravis is the co-founder of KKR with hiscousin, George Roberts. He is currently Co-Chairman and Co-Chief Executive Officer.

    Henry is involved in wellness in all areas of life. Heand his wife started the Marie-Josee and Henry RKravis Foundation, which mainly gives money todifferent programs that support health, education,international affairs, science, technology and religion.

    Henry Kravis also started the Kravis Prize in Leadership, whichidentifies extraordinary leaders in the nonprofit sector, celebratestheir accomplishments, and shares their best practices with others.

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    http://www.kkr.com/leadership/henry-r-kravishttp://www.kkrwellnessworks.com/http://www.kkrwellnessworks.com/http://www.kkr.com/leadership/henry-r-kravis
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    Working Together: KKR and the American Heart Association

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    http://www.kkrwellnessworks.com/http://www.kkrwellnessworks.com/
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    Working Together: KKR and the American Heart Association

    Webelieve this collaboration is unique for a variety of reasons. As aprivate equity firm, KKR has a portfolio of companies with diversepopulations and geographies. KKRs portfolio companiescollectively employ nearly 400,000 employees in the United States,

    with approximately 140,000 employees currently enrolled in theKKR Wellness Works Program. The four participating companiesdeploy different health management programs, healthcare plans,and wellness tools to employees.

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    http://www.kkrwellnessworks.com/http://www.kkrwellnessworks.com/
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    Research Collaboration

    KKR and the American Heart Association are hoping to, determinethe specific wellness interventions that demonstrate improvementsin employees health indicators, based on those interventions beingimplemented by KRR, assess the effectiveness of different tools,including the American Heart Associations My Life Check, onoverall wellness levels and to add to the existing body of workplace

    wellness knowledge, which will help employers make informeddecisions about building better workplace wellness programs.

    Both of these companies working together will create a powerful

    relationship. The research that is being done has the potential toinform the way employer driven healthcare works in our country.

    KKR is also working with AHA to help them achieve their goal of a2o percent improvement in cardiovascular health and wellness for

    Americans in 2020.

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    Results

    Since KKR Wellness started in 2011, four portfolio companies have beeninvolved in studies for the program. Below are the results that reflect the 2011program data. Findings from the research collaboration with the AmericanHeart Association will be available on their website once it is publicly available.

    *In 2010, First Data only offered screenings to employees in 5 pilot site locations with no incentive offered. In 2011, screenings were not offered. In 2012, adoptingpractices from Wellness Works, First Data impelemented a $200 screening incentive. With the incentive, the company achieved a 53% participation rate. Screenings

    will be completed again in 2013.DISCLAIMER: The above listed portfolio companies are all KKRs portfolio companies participating in the Workplace Wellness Program as of September 1, 2012.

    The specific portfolio companies identified are not representative of all of the portfolio companies purchased, sold or recommended for KKR Funds, and it should notbe assumed that the investment in the portfolio companies identified was or will be profitable.

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    http://www.kkrwellnessworks.com/http://www.kkrwellnessworks.com/
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    Resources

    KKR Wellness Works

    American Heart Association

    Henry Kravis

    Tom Uger

    http://www.kkrwellnessworks.com/http://www.kkrwellnessworks.com/alliance-with-ahahttp://www.kkr.com/leadership/henry-r-kravishttp://www.kkrwellnessworks.com/commitment-to-wellness/we-are-committed/tom-ugerhttp://www.kkrwellnessworks.com/commitment-to-wellness/we-are-committed/tom-ugerhttp://www.kkrwellnessworks.com/commitment-to-wellness/we-are-committed/tom-ugerhttp://www.kkr.com/leadership/henry-r-kravishttp://www.kkrwellnessworks.com/alliance-with-ahahttp://www.kkrwellnessworks.com/