Last updated on January 8th, 2020 at 10:52 am
Dr. Adel Korkor, founder and chief executive officer of Salus, donated the wellness firm to the Milwaukee-based foundation, Dohmen chief executive officer Cynthia LaConte announced Tuesday.
Salus, which was founded in 2008, provides corporate wellness, biometric screening, personal training, weight loss coaching, fitness center and annual program management, stress management and other services for employers. Korkor, a retired nephrologist, recently received a BizTimes Media Health Care Heroes award for his efforts to address mental health issues in the community through his AB Korkor Foundation for Mental Health.
“Impacting society is not easy, but it can be done,” Korkor said. “I founded Salus to help individuals make healthy lifestyle changes, improving quality of life and lowering the cost of health care for employees and the companies they serve. I believe in Dohmen’s effort to shift the nation’s health focus from treatment to prevention, and I feel strongly that by donating Salus to Dohmen, we’ll make the greatest societal impact together.”
Korkor will remain a strategic advisor and all Salus employees, about 10 in total, will be retained under the acquisition, Dohmen said. Salus’ operations will transition to Dohmen’s 215 N. Water Street office.
“The Salus team brings a shared passion for disease prevention by focusing on whole person health,” LaConte said. “They’re a great fit because Salus’ success metrics provide quantifiable proof points surrounding our premise that flipping benefit spend from treatment to prevention has both economic as well as social return on investment for employers and their employees.”
Dohmen said the acquisition will allow the foundation to focus on improving outcomes for two key health care players, employers and employees.
“The addition of Salus provides Dohmen the ability to overlay clinical rigor to the creation of personal health plans including the assessment of baseline health via biometrics, the setting of personal health goals and the ongoing adjustment of those goals based on a personalized feedback loop,” LaConte said. “These are important adds to our preventive health offering.”
The acquisition continues Dohmen’s shift toward focusing on improving health outcomes in the community through prevention.
Dohmen transitioned in 2019 from being a family-owned corporation to a benefit corporation owned by a private foundation. As a philanthropic enterprise, Dohmen said its mission is to “revitalize people and communities using food as the primary intervention.”
Dohmen made the transition to a benefit corporation about a year after divesting of its life sciences services business, which served biotech, pharmaceutical and medical device companies.
Dohmen Life Science Services is now under the Milwaukee-based Eversana umbrella.
Dohmen recently sold an office building at 200 N. Jefferson St. in the Third Ward to Mequon-based Fox & Owl Enterprises, Inc. for $3.25 million, according to state records. Dohmen bought the building in 2015 for $1.65 million.