Company Profile

Wellth Inc
Profile last edited on: 7/25/23      CAGE: 7LFB2      UEI: E3E4AB3L7QF9

Business Identifier: Using behavioral economics to achieved better patient outcomes: aligning incentives between health insurers and consumers
Year Founded
2014
First Award
2017
Latest Award
2017
Program Status
Inactive
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Location Information

252 Nassau Street Second Floor
Princeton, NJ 08542
   (858) 534-4312
   info@wellthapp.com
   N/A
Location: Single
Congr. District: 12
County: Mercer

Public Profile

With locations in California and New York, Wellth Inc. is organized primarily around the goal of helping chronic disease patients change their behaviors to improve their health: a (the) primary objective being to prevent avoidable costs in the highest risk populations for payers and risk-bearing providers. By applying behavioral economics - through scalable technology - to achieve better adherence, engagement, and health, the Wellth approach can improve care-manager efficiency enabling delivery more effective, higher-touch care. Wellth also mitigates risk for health insurers and risk-bearing provider systems such that they can reduce costs. Serving the most common chronic conditions with disease-specific behavior change programs, all of Wellth's programs are fully compliant with Commercial, Medicare, Medicaid, HIPAA, Beneficiary Inducement, and other important regulations. Improving adherence to care plans drives down hospitalizations, readmissions, and complicationsto produce meaningful cost savings for ustomers.

Extent of SBIR involvement

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Synopsis: Awardee Business Condition

Employee Range
20-24
Revenue Range
2M-2.5M
VC funded?
Yes
Public/Private
Privately Held
Stock Info
----
IP Holdings
N/A

Awards Distribution by Agency

Key People / Management

  Matt Loper -- Co-Founder and CEO

  Janelle Anwar -- VP of People Operations

  Samantha Cordero -- Chief Customer Officer

  Michael K Fuccillo -- Chief Science Officer

  Uri Gneezy

  Justin Makaila -- Software Engineer

  Peter A Pine -- Front-End Developer

  Alec Zopf -- Chief Commercial OfficerO

  Alec Zopf -- CTO and Co-Founder

Company News

There are no news available.