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Annum Health Announces Appointment of Bernie Banks to its Board of Directors

Associate Dean at Northwestern’s Kellogg School of Management and Retired Army Brigadier General Joins Effort to Reimagine Treatment for Heavy Drinking

September 25, 2017 | Read more

 

 

Annum Rounds Out Leadership Team with Top Former Aetna Business Development Professional

Debbie Dexter Joins Ex-Google/Salesforce, Ex-Pharma, Ex-Planned Parenthood Leaders and Annum Health Co-Founders in Building a Modern Alternative to Rehab for Heavy Drinking

April 10, 2017Read more

 

 
 

 

Annum Health Announces Appointment of Bernie Banks to Its Board of Directors

Associate Dean at Northwestern's Kellogg School of Management and Retired Army Brigadier General Joins Effort to Reimagine Treatment for Heavy Drinking

New York, NY (September 25, 2017)—Annum Health, the modern alternative to rehab for heavy drinking, today announced that Bernard “Bernie” Banks has joined its board of directors effective October 1. A leading expert on leadership and organizational change and a retired Brigadier General in the U.S. Army, Banks currently serves as Associate Dean for Leadership Development and a Clinical Professor of Management at Northwestern University’s Kellogg School of Management. In addition to a career spanning the military and academic sectors, Banks has counseled executives at a diverse array of organizations, including Procter & Gamble, Mercedes-Benz, General Electric, IBM, 7-Eleven, the U.S. Forest Service and the International Chiefs of Police. 

“We are so fortunate Bernie Banks is linking arms with Annum to put modern, effective and affordable treatment for heavy drinking directly into the hands of those who need it,” said Michael Laskoff, CEO and co-founder of Annum.

“I can think of so many who have been affected in some way by heavy drinking. By leveraging science, technology and strategic partnerships with some of the country’s biggest companies, Annum Health is poised to transform treatment for one of America’s most devastating health care crises,” said Banks. “A passion for improving the lives of others has been the driving force behind my entire career, so I view the opportunity to contribute to such a noble mission an exciting next step for me.”

Banks and Laskoff serve on Annum Health’s board with Manish Agarwal, general partner at AXA Strategic Ventures, Nina Kjellson, general partner at Canaan Partners, Liam Donohue, co-founder and managing partner at .406 Ventures and Miki Kapoor, president of Everyday Health.

About Bernard (Bernie) Banks

As Associate Dean for Leadership Development at Northwestern University's Kellogg School of Management, Banks is responsible for leader development integration across the school's global portfolio of programs.

Banks retired from the Army as a Brigadier General in 2016 after having successfully led West Point's Department of Behavioral Sciences & Leadership from 2012-2016.

A graduate of the United States Military Academy at West Point, Banks also holds graduate degrees from Northwestern, Columbia, and Harvard Universities.

Banks has led multiple military units ranging in size from 10 to 500 people. In 1995, Banks was selected from over 40,000 officers to receive the Army's top award for entry-level managers (General Douglas MacArthur Leadership Award). In 2006, the Apache Helicopter unit he was leading in South Korea was designated as the top Apache Helicopter unit globally in the U.S. Army's annual best aviation unit competition.

About Annum Health

Annum delivers the modern alternative to traditional rehab for heavy drinking.

Co-founded by proven leaders in health care, technology and alcohol treatment, Annum transforms the treatment experience while eliminating profound barriers to care — high cost, personal and professional disruption, and stigma.

At a fraction of the price of inpatient care at a traditional rehab facility, Annum’s tech-enabled solution fully integrates therapy, coaching, medication and support over the course of up to a year to help people reach their individual goals.

To make treatment available to as many people as possible, Annum partners with major employers and health plans who want to take proactive steps to cultivate a happier, healthier and more motivated workforce.

About the Heavy Drinking Epidemic

One in four (26 percent) U.S. adults binge drink and seven percent of U.S. adults — 14.6 million people — binge drink five or more days in a single month. Binge drinking is defined as consuming five or more alcoholic drinks for men or four or more for women on the same occasion.

Three out of four binge drinkers are employed and high-risk drinking costs the U.S. economy $81.5 billion in losses to workplace productivity each year.

Frequent heavy drinking, defined as consuming five or more drinks on one or more occasions per week, occurs among a substantial proportion of U.S. military with a prevalence between 15 to 20 percent, as opposed to seven percent for US adults generally. More than 40 percent of US military veterans have a lifetime history of alcohol use disorder as opposed to six percent of U.S. adults generally. Veterans with a lifetime history of alcohol use disorder have elevated rates of suicidal ideation and attempts. 

Relative to other states, Illinois experiences a significantly higher prevalence of heavy drinking. The United Health Foundation ranks Illinois as the fifth worst state for heavy drinking, based primarily on CDC data. High risk drinking is estimated to cost the state of Illinois $9.7 billion each year, according to a study published in the American Journal of Preventive Medicine. In April 2017, researchers at NORC at the University of Chicago created an alcohol cost calculator that calculates the cost to employers based on company industry, size and location. 

Despite the proliferation of more than 14,500 rehabs across the United States, 90 percent of people in need of treatment aren’t getting it today.

Contact

media@annum.com, 646-930-6385

Annum Rounds Out Leadership Team with Top Former Aetna Business Development Professional

Debbie Dexter Joins Ex-Google/Salesforce, Ex-Pharma, Ex-Planned Parenthood Leaders and Annum Health Co-Founders in Building a Modern Alternative to Rehab for Heavy Drinking

New York, NY (April 10, 2017)—Annum Health announced that Debbie Dexter has been named the organization’s senior vice president of business development. Debbie joins Annum after nearly two decades at Aetna in various senior sales, marketing and data analytics roles. During her tenure, Debbie was responsible for managing some of Aetna’s most important customers, including Costco Wholesale and Amazon.

“We’re so thrilled Debbie has joined Annum, where she will forge lasting relationships with major insurers and employers who want to take a proactive approach to the large and, unfortunately, growing problem of heavy drinking in America,” said Michael Laskoff, Annum’s CEO and co-founder. “Debbie joins a leadership team that possesses decades of experience at a range of America’s largest and most trusted brands. Her addition to the team will accelerate Annum’s ability to deliver private and modern treatment for the millions of people in need.”

Annum’s leadership is composed of a diverse group of professionals from the health care, tech and alcohol treatment sectors. In addition to Mr. Laskoff, Annum’s co-founders include Chief Clinical Officer Lauren Wolfe, PsyD, a licensed clinical psychologist, certified tobacco treatment specialist and associate training director of the Health Psychology Program at California Pacific Medical Center in San Francisco, and Chief Medical Officer Mark Willenbring, MD, a psychiatrist who previously led the Division of Treatment and Recovery Research at the National Institute on Alcohol Abuse and Alcoholism at the National Institutes of Health.

Sandy Humphrey, Annum’s chief people officer, brings more than 20 years’ experience working in highly complex, global companies including Sanofi, Merck, Prudential, Staples and, most recently, Combs Enterprises. Chief Technology Officer Paul Hands brings two decades of varied engineering and managerial experience, including building and leading Salesforce's next generation cloud infrastructure and managing all of Google's non-US hardware operations. Annum’s communications and marketing efforts are spearheaded by Amanda Harrington, who possesses more than a decade of experience in health care communications and advocacy.

“Large employers know that heavy drinking is a problem in for the health and wellbeing of their workforce, but until now — until Annum — they haven’t had the option of a single national solution that can securely and privately deliver treatment directly to the person that’s quietly in need,” said Debbie Dexter. “I am thrilled to join this talented team of professionals and so proud to be working to solve one of our country’s biggest health care problems.”

View more information about Annum’s leadership here.

About Annum

Annum delivers the superior alternative to traditional rehab for heavy drinking. Co-founded by proven leaders in health care, technology and alcohol treatment, Annum transforms the treatment experience while eliminating profound barriers to care — high cost, personal and professional disruption, and stigma. At a fraction of the price of inpatient care at a traditional rehab facility, Annum’s tech-enabled solution fully integrates therapy, coaching, medication and support over the course of up to a year to help people reach their individual goals.

Contact

media@annum.com, 646-930-6385

AXA Strategic Ventures, Canaan Partners and .406 Ventures Invest $5 Million in Reinventing Treatment for Heavy Drinking
Annum Health Secures Seed Round Funding from Blue-Chip Syndicate

New York, NY (November 8, 2016)—Annum Health announced today that it has raised $5 million in capital to build a superior, tech-enabled alternative to rehab for heavy drinking. Led by AXA Strategic Ventures, with significant support from Canaan Partners and .406 Ventures, this financing will allow Annum to: recruit and retain an experienced team; build a complete treatment solution— including proprietary protocols, a customized electronic health record, mobile app and call center; conduct testing and secure strategic partnerships with large insurers and employers.

“We are so deeply honored to have the backing of such an impressive and visionary group of investors,” said Michael Laskoff, Annum’s CEO and co-founder. “With their support, Annum Health will build and deliver a full-spectrum solution to the millions of people who struggle with heavy drinking but currently lack a safe, affordable and effective solution.”

Annum Health was founded this past January by Mr. Laskoff, the founder and former CEO of  tele-behavioral health company AbleTo, Lauren Wolfe, PsyD, a licensed clinical psychologist, and Mark Willenbring, MD, a psychiatrist who previously led the Division of Treatment and Recovery Research at the National Institute on Alcohol Abuse and Alcoholism at the National Institutes of Health.

Despite a proliferation of rehab facilities across the United States, heavy drinking remains an untreated epidemic in America. One in four adults binge drink and 7 percent of U.S. adults—14.6 million people—binge drink five or more days in a single month. The impact of heavy drinking is far-reaching. It can lead to a number of negative health effects for individuals; more than 10 percent of children in the U.S. live with a parent who struggles with drinking and high-risk drinking takes an $81.5 billion toll on workplace performance annually.

By transforming the treatment experience, Annum will eliminate profound barriers to care that exist today and, therefore, make treatment far more accessible and desirable for the millions of people who are in need. Learn more at www.annum.com.

About Annum

Annum delivers the superior alternative to traditional rehab for heavy drinking. Co-founded by proven leaders in health care, technology and alcohol treatment, Annum transforms the treatment experience while eliminating profound barriers to care — high cost, personal and professional disruption, and stigma. At a fraction of the price of inpatient care at a traditional rehab facility, Annum’s tech-enabled solution fully integrates therapy, coaching, medication and support over the course of up to a year to help people reach their individual goals.

Contact

media@annum.com, 646-930-6385