“All the research is there that behavioral science works, and what Wellth has done for us is to be that secret sauce for moving that behavior change.” In our latest webinar, Julie Smith, RN, MPH, Vice President of Value Strategy and Clinical Operations at Sanford Health Plan, and Dinesh Joseph Apte , Senior Vice President of Growth and Strategy at Wellth, discuss the science behind investing in daily care motivation in order to drive down high-cost utilization, quality ratings- specifically aimed at Medicare Advantage Star Ratings. Watch on-demand: https://lnkd.in/g47J8PUj
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
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http://www.wellthapp.com/
External link for Wellth
- 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
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Primary
12211 Washington Blvd
#102
Los Angeles, CA 90066, US
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New York, NY 11101, US
Employees at Wellth
Updates
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“So what we say is ‘hey you can give us the people who currently aren't enrolling in care management or any of these programs and we can get those folks to be three times as engaged on a daily basis over the course of a year than TikTok does in teenagers.’ So that is what we're trying to solve is that behavior gap. That attention and behavior and habit problem in healthcare that leads to cost and quality outcomes for the health plans we serve”- Matt Loper, CEO & Co-founder of Wellth Check out the full The ShiftShapers Podcast episode with David A Saltzman and Wellth’s CEO & Co-founder Matthew Loper to learn more about how daily care motivation is changing the way members engage with their health plan.
🎤 Join ShiftShapers Podcast host David A Saltzman and Wellth CEO Matthew Loper as they discuss trust-based relationships and personalized communication in healthcare in our latest podcast! Listen Now: https://t.ly/pgTP1 Youtube: https://lnkd.in/e-VTidrD #MemberEngagement #HealthcareTech #BusinessInnovation #BehavioralEconomics #BusinessPodcast #HealthcareIndustry #ExecutiveTips #HealthTech #HealthOutcomes #HealthBenefits #HealthCareBenefits #EmployeeBenefits #EmployerTips
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Today we’re celebrating a BIG milestone. Tens of thousands of people have checked in on @Wellth more than 25 million times. That’s 25 million daily healthy actions that reward members for taking prescribed medications, monitoring blood pressure and blood sugars, eating healthy meals, and more to drive better health, cost, and quality outcomes for our community. 🎉🙌 “The Wellth program feels like I have a private doctor working right here in my own home with me.” Hear from our members in this short video.
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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
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“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
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📣 "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
healthcareitnews.com
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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
wellthapp.com
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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
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“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
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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: