Wellth Competitors, Revenue, Alternatives and Pricing

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Overview

Location:
Total Funding:$17.6M
Founded:2014
Lead Investor(s):N/A

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Estimated Revenue & Financials

  • Wellth's estimated annual revenue is currently $9.6M per year.(?)
  • Wellth's estimated revenue per employee is $145,000
  • Wellth's total funding is $17.6M.

Employee Data

  • Wellth has 66 Employees.(?)
  • Wellth grew their employee count by 47% last year.
  • Wellth currently has 1 job openings.

Wellth is a health tech company founded on a simple premise: If we give people an incentive to make healthy decisions today, we will be able to drastically reduce healthcare costs in the future. With hospitals and health insurers evolving their focus on preventable health risks, our team of designers, developers, PhDᅢᄁ¬ツᆲ¬トᄁs, and MDᅢᄁ¬ツᆲ¬トᄁs are all devoted to the singular goal -- Helping chronic disease patients change their behaviors to improve their health. By using technology, weᅢᄁ¬ツᆲ¬トᄁve built a mobile application that provides targeted incentive plans to users, and delivers reminders and information that help build healthy habits and foster better disease management; ultimately leading to lower cost for payers and rewards for consumers. We guide patients to learn to behave in a way that can get them better, faster; and incentivize them to adhere, engage, and manage their own health. This method connects and improves a care manager's efficiency to succeed in delivering higher touch care. We can save health plans and risk-bearing providers billions and mitigate the risk they take by putting focus on preventing avoidable costs in their highest risk populations. In helping patients to improve adherence to their care plans, we are able to drive down hospitalizations, readmissions, and complications and produce meaningful cost savings for our customers; often within 3 months in our program. We serve the most common chronic conditions with disease-specific behavior change programs, and all our programs are fully compliant with Commercial, Medicare, Medicaid, HIPAA, Beneficiary Inducement, and other important regulations. We have a win-win-win scenario and we're paving the way to happier, healthier humans.

keywords:Healthcare, Health and Wellness, Medication Adherence, Digital Health