Wellness big business for Solon firm
Timothy Magaw for Crain's Cleveland Keeping employees healthy is a good business plan these days as health care costs continue to inch upward, and a Solon-based company appears to be benefiting from helping employers do just that. Launched in 2005, BeWell Solutions positions itself as a business that can improve an employer’s bottom line by reducing employees’ health risks through educational seminars, biometric screenings, health coaching and other tactics. Revenues at BeWell, according to its top executives, are on the upswing, growing 100% in 2010 over the previous year and 60% on top of that in 2011. At present, BeWell is 40% ahead of where it was last year in terms of revenue, with “major opportunities in the pipeline,” said William Frankel, its executive vice president. Specific revenue figures were not disclosed. The company recently moved from a 3,500-square-foot space [...]