Wellth

Wellth

Hospitals and Health Care

Los Angeles, CA 4,908 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

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Funding

Wellth 8 total rounds

Last Round

Series B

US$ 20.0M

See more info on crunchbase