Wellth helps you improve quality scores, reduce utilization, and improve member satisfaction by using the right incentive at the right time to motivate members to form life-changing healthy habits. Training healthy habits helps drive down the overall cost of care and can reduce hospitalizations and other claims by 20–40%. Our solutions drive outcomes where care plan adherence is critical.
Wellth is a new approach to positive health outcomes.
We use the science of behavioral economics— combined with an appreciation for human nature.
This enables us to uncover and address the unique obstacles that prevent people with chronic conditions from forming the habits necessary to create lasting behavior change.
We help people form new healthy habits. These habits change lives.
How we work
The science behind Wellth
In classical economics, its assumed that if people are given the right information, they will make decisions in their best interest. But that isn’t always the case. Behavioral economics teaches us that:
People are irrational, but in highly predictable ways.
Leaders in this discipline, such as Richard Thaler and Daniel Kahneman, have provided decades of research to demonstrate how to predict our irrational behaviors. The founders of Wellth use these same principles to establish a new way of forming new habits for healthier living.
We choose to focus on those who are often left behind and struggle the most: people with chronic conditions, people challenged by income insecurity, and people with the most forces pulling them away from forming healthy habits.
We utilize behavioral economics principles of loss aversion, present bias, the intent-behavior gap, and the endowment effect and apply these principles to the experience of our solution for members. The results have proven this approach is more effective.
At Wellth, our easy-to-use mobile platform experience empowers members with the incentives and support system they need to establish new healthy habits. Wellth gets paid when our clients realize measurable adherence.
Deeper understandings for better outcomes.
If we fail to grasp why someone isn’t prioritizing their health, we can’t change their unique set of circumstances.
Wellth is built on a foundation of empathy, using tools and techniques that meet people where they are and build healthy habits that last a lifetime. By leveraging behavioral economics, we seek to truly understand people with individualized responses for members who are struggling with medication adherence, treatment adherence, and other challenges.
Why Wellth works
Value-based care (with heart)
At Wellth, we want our members to be the healthiest versions of themselves. That's why Wellth partners with its members to better understand and tailor solutions to meet their individual needs.
Our easy-to-use tools and incentives encourage members to improve their health through better care plan regimens, improved medication adherence, and stronger overall healthy habits.
Immediate Feedback = Real Results
Capitalizing on behavioral economics principles, Wellth leverages the power of immediacy to reward and reinforce positive patient behavior. Good health is a journey, we help patients get started today with the most critical and effective steps. Then we build on that success when they are ready. Patients are motivated and feel in control, and results rapidly follow. We can prove it.
Members love us
People are the center of everything we do. We understand that everyone has different needs and challenges. That’s why everyone who uses Wellth gets a highly personalized experience that grows with them throughout their health journey.
“I have so many things to do each day, and I used to forget about my medication completely. Without any reminders, it’s no wonder that I forgot about them. Now, my health is in really good shape. During my three months with Wellth, I forgot my pills only once, and I did not have any emergency hospital visits. In fact, I did not need to go to the hospital at all! This is a huge improvement for me.”
"Before Wellth, I wasn’t taking my medications on time or even every day. Now I’m taking my medication every day, on time, on my own. I find myself going outside more and being more active. Being in Wellth wasn’t just about the money—I just feel much better now. The rewards helped me pay for my medication, so in a way, they helped me invest in my own health."
“When I started Wellth, the way I felt about taking my medications changed. I started feeling more enthusiastic since I knew I would be receiving rewards. This compelled me to be more disciplined with my pills and treatments.”
Learn how Wellth can help improve outcomes for your members
Interested in learning how Wellth can help improve the outcomes for your members with chronic conditions?