Financials

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Revenues, earnings & profits over time
USD20182019202020212023
Revenues1.5m3.4m4.2m8.0m13.8m
% growth-127 %24 %90 %-
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Recent News about Wellth

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Wellth is a healthcare startup focused on improving patient adherence to treatment plans through personalized, evidence-based programs. The company primarily serves individuals who struggle with maintaining consistent health habits, such as taking medications or following treatment protocols. Wellth operates in the healthcare market, specifically targeting behavioral health and chronic disease management.

The business model of Wellth revolves around creating long-term, meaningful relationships with its members. Each member's experience is highly personalized, tailored to their unique needs and circumstances. The company leverages insights from behavioral economics—a field that studies how psychological factors influence economic decisions—to understand and address the root causes of non-adherence. This approach helps members establish and maintain healthy habits over time.

Wellth makes money through outcome-based payment models. This means that the company only gets paid when its programs achieve validated success, ensuring a guaranteed return on investment (ROI) for its clients. These clients are typically healthcare providers, insurers, and employers who are looking to reduce healthcare costs by improving patient outcomes. By driving behaviors that directly impact healthcare costs, Wellth helps its clients achieve measurable objectives and limit financial risk.

In summary, Wellth is a healthcare startup that uses personalized, evidence-based programs to improve patient adherence to treatment plans. It serves individuals with behavioral health and chronic disease management needs, operating in the healthcare market. The company makes money through outcome-based payment models, ensuring payment only for successful program outcomes.

Keywords: healthcare, patient adherence, behavioral economics, personalized programs, chronic disease, behavioral health, outcome-based payments, ROI, healthcare costs, treatment plans.

Tech stack

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