Wellth

Wellth

Hospitals and Health Care

Los Angeles, CA 4,816 followers

Better Outcomes using Behavioral Economics

About us

Our healthcare system assumes we make decisions based on what is best for us. But it’s not that simple. Everyday stressors often cloud our judgement as to what’s best in the long run. For people with chronic conditions, this can make healthy habit formation difficult. Wellth is a venture-backed digital health company that improves adherence in chronic disease populations. Using the science of behavioral economics—combined with an appreciation for human nature—we uncover and address the unique obstacles that prevent people with chronic conditions from improving patient outcomes. Our program goes beyond current efforts to boost adherence with technology, reminders, and coaching solutions using contingency management and loss aversion to create motivation, behavior change and improve population health at scale. In addition to our RCT-proven outcomes, our easy-to-use mobile platform experience has been proven by health plans, providers, and other organizations to empower members with the incentives and support system they need to establish new healthy habits. Key outcomes for members include improved med and care plan adherence, reduction in readmissions, hospitalizations, and ED utilization, improved PDC, and more. Learn more at www.wellthapp.com.

Website
http://www.wellthapp.com/
Industry
Hospitals and Health Care
Company size
51-200 employees
Headquarters
Los Angeles, CA
Type
Privately Held
Founded
2014
Specialties
Healthcare Technology, Medication Adherence, Behavioral Economics, Patient Incentives, Provider Technology, Population Health Management, Chronic Disease Management, ACO, IDN, Medicare, Medicaid, Value Based Care, Care Plan Compliance, internet technology, mobile app, machine learning, AI, iOS, Android, and mobile application

Locations

Employees at Wellth

Updates

  • View organization page for Wellth, graphic

    4,816 followers

    Wellth customer Elizabeth Lacouture, VP of Population Health & Quality at Presbyterian Healthcare Services, presented last week at RISE Qualipalooza with Rex Wallace Consulting, LLC on how implementing daily care motivation for hard-to-reach D-SNP members has led to a daily engagement rate of 88% across the members in the program. Key takeaways: Health plans need to look into small-scale interventions that can provide large-scale impact. Between budget cuts and projected QBP losses, partnering with low-lift, simple implementation interventions that can deliver across measures is essential. Moving a handful of your customers can change the course of your Star Ratings: By engaging with your unengaged populations, health plans can see statistically significant improvement in their CAHPS measures and more. More insights in this blog post https://lnkd.in/g3vuCWYK

    5 Steps to Securing 5 Star Ratings with the latest CMS Changes

    5 Steps to Securing 5 Star Ratings with the latest CMS Changes

    wellthapp.com

  • View organization page for Wellth, graphic

    4,816 followers

    “Start focusing on improving access to care for members being considered in the HEI. It’s being measured now and I wouldn’t want to lose any ground there.” Subject matter experts Hayley Rogers , Consulting Actuary at Milliman, and Rex Wallace, CEO of Rex Wallace Consulting, share answers to health plans burning questions around the best course of action to secure their future Star Ratings. Watch the full virtual session on-demand today: https://hubs.la/Q02yVXkg0

  • View organization page for Wellth, graphic

    4,816 followers

    📣 "There are very few partnerships that can yield such a high return on both cost and patient health outcomes. Our own investment in patient engagement technology is one of five reliable and innovative partnerships that have really helped deliver on our mission of improving population health." Brian Hodgkins Pharm.D., CPEL, FCSHP, FASHP, EVP of Clinical Operations at Desert Oasis Healthcare, was interviewed by Bill Siwicki of Healthcare IT News on how Wellth delivers 4X ROI 💰 engaging hard-to-reach member populations to improve health, cost, and quality outcomes. 🗞 Learn how Brian and team took daily medication adherence from 40% to 90% and more: https://lnkd.in/geShmW3b

    Desert Oasis Healthcare gains 4x ROI with pop health patient engagement tech

    Desert Oasis Healthcare gains 4x ROI with pop health patient engagement tech

    healthcareitnews.com

  • View organization page for Wellth, graphic

    4,816 followers

    While the cost of changing your Star Ratings strategy may seem high, the cost of not changing will be even higher. Health plans that don’t take the time to reevaluate their Star Ratings and Quality Improvement strategy stand to lose millions. Based on our recent webinar conversation with Rex Wallace, CEO of Rex Wallace Consulting, and Hayley Rogers, Consulting Actuary at Milliman, we have compiled steps health plans should take to secure their Star Ratings (and QBPs) in the coming years. Read the top 5 here: https://hubs.la/Q02yrVvZ0

    5 Steps to Securing 5 Star Ratings with the latest CMS Changes

    5 Steps to Securing 5 Star Ratings with the latest CMS Changes

    wellthapp.com

  • View organization page for Wellth, graphic

    4,816 followers

    D-SNP plans: Your members will significantly impact your Health Equity Index performance. Are you confident in your strategy to engage and motivate members to adhere to their care plans? Performing well on the Health Equity Index (HEI), coming in Stars Year 2027 but being measured this year already, has the potential to add .4 Stars to plans when they achieve higher equity among these populations for select measures, equating to millions of dollars in QBP. Check out our on-demand session, How your D-SNP Members Will Impact Your Star Ratings and What You Can Do About It with Anne L. Davis, to learn more about improving health equity for these members: https://hubs.la/Q02y22ZM0

  • View organization page for Wellth, graphic

    4,816 followers

    “You can have the best dentist in the world but they can’t come to your house and brush your teeth for you every night.” Your future Star Ratings are dependent on understanding and influencing individual member behaviors. Learn more about Leveraging Behavioral Economics in Your Stars Strategy in our on demand webinar recording with @Russ Gagnon, Chief Product Officer at Wellth, and @Sarah Watters, Behavioral Scientist. Watch now: https://hubs.ly/Q02x1lH20

  • View organization page for Wellth, graphic

    4,816 followers

    Happy #MothersDay from Wellth! "Just having this daily reminder and setting this routine for myself has been very beneficial because as a woman, as a mom, I have a tendency to not take care of myself first. And so this has really helped make myself a little bit of a priority every night for at least five minutes." Meet Kara! In between working two jobs and raising her kids, Wellth acts as a reminder to slow down for at least 5 minutes a day to put herself first and focus on her health. 💗 See Kara's story today:

  • View organization page for Wellth, graphic

    4,816 followers

    Wellth Northstar is helping Medicare Advantage plans target the member behaviors that will determine their future Star Ratings. With 3x greater daily engagement than TikTok, Wellth is actively reaching and motivating the hardest-to-reach members to help them gain control of their health and move the needle on critical Star Ratings measures. Read more in our latest ebook: https://hubs.la/Q02wJFB30

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  • View organization page for Wellth, graphic

    4,816 followers

    Meet Maria! Being a single of mom of two teenagers, Maria was feeling overwhelmed and couldn't find the time to focus on her own health. With the Wellth program, Maria is reminded to set aside time to take care of herself, exercise, eat healthier, and maintain lower blood sugar levels. May is #MentalHealthMonth but also #MaternalMentalHealthMonth and we will be taking some time to highlight some of the wonderful moms and grandmothers that are participating in the Wellth program. Hear Maria's story today. #MemberMonday

  • View organization page for Wellth, graphic

    4,816 followers

    The path to 5 stars for Medicare Advantage plans is more uncertain than ever with the recent wave of CMS changes. Future Star Ratings success will rely heavily on understanding and influencing individual member behavior. Engaging and activating hard-to-reach members at scale is the focus of Wellth Northstar, a dedicated solution for MA plans to move quality ratings on critical Part C & D measures and HEI performance. Learn how MA plans are adopting Wellth Northstar to see: Significant improvements in 3x weighted med adherence measures 20% reduction to inpatient and ED utilization 80%+ daily engagement for over 12+ months by leveraging the concepts of behavioral science Download now: https://hubs.la/Q02vdg1c0

    Webinar | Northstar White Paper

    Webinar | Northstar White Paper

    go.wellthapp.com

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Funding

Wellth 8 total rounds

Last Round

Series B

US$ 20.0M

See more info on crunchbase