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Press Release

Aino Health AB (publ): Aino Health's solution go-live for the municipality of Botkyrka

Aino Health AB (publ)
Posted on: 26 Sep 18

   

September 26 2018

Aino Health go-live with its SaaS solution to decrease sick leave within the municipality of Botkyrka and is at the same time introducing the concept of social impact bonds in Sweden. The remuneration model means that Aino Health is investing in services and consultancy, which are directly connected to improved social results for Botkyrka. The goal is to decrease sick leave, create a health-promoting workplace and keep sick leave at a low stable level. The remuneration is paid to Aino Health based on the results.

The municipality of Botkyrka is Aino Healths first Swedish client, in the public sector, to be part of a project with social impact bonds in preventative corporate health management. Aino Health's task is to manage a centralized sick-leave service, identify workplaces and employees within the municipality of Botkyrka with a risk of high absence and to support the purchaser in efforts to decrease absences. The goal is to decrease sick leave for days 1-14. The impact-based remuneration is calculated based on the actual decrease in sick leave.

"At Aino Health in Finland, we have over ten years' experience of social impact bonds to decrease sick leave. To our knowledge, the collaboration with the municipality of Botkyrka with social impact bonds is the first ever performed in Sweden. It is also unique that Botkyrka is itself investing in hiring specialists in management support to help managers decrease sick leave. This means that we proactively work together with managers on an individual level, rather than implementing a general managerial- or healthcare programme" says Jyrki Eklund, CEO of Aino Health AB.

This press release was made public, through the agency of Jyrki Eklund, CEO and President of Aino Health AB, at 10.00 PM CET on September 26 2018.

For more information:
Jyrki Eklund, CEO of Aino Health, Phone: +358 40 042 4221

About Aino Health (publ)
Aino Health is the leading supplier of Software as a Service solutions in Corporate Health Management. The company's complete system of SaaS platforms and services reduces sick leave, lowers related costs and delivers long term prosperity, increased productivity and employee engagement by adopting health, wellbeing and safety as an everyday activity. For more information visit ainohealth.com.

Aino Health AB (publ) is listed at Nasdaq First North Stockholm (Ticker: AINO). Erik Penser Bank AB, +46 8 463 83 00, is the Certified Adviser to the company.

Launch Botkyrka[1]_Final


This announcement is distributed by West Corporation on behalf of West Corporation clients.

The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.

Source: Aino Health AB (publ) via GlobeNewswire
HUG#2217785
GlobeNewswire
globenewswire.com

Last updated on: 27/09/2018

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