Welbe Health

Welbe Health

Comprehensive care services for seniors

About

WelbeHealth provides comprehensive care specifically designed for older adults, focusing on improving their quality of life and maintaining their independence. The company uses the PACE (Program of All-Inclusive Care for the Elderly) model, which integrates medical, social, and long-term care services for seniors who are eligible for nursing home care but prefer to remain at home. Each patient receives an individualized care plan that is tailored to their unique needs and preferences, developed in collaboration with them and their families. WelbeHealth offers a wide range of services, including medical care, physical therapy, social activities, and transportation, funded through a mix of government programs like Medicare and Medicaid, as well as private payments. The leadership team has extensive experience in geriatric care and the PACE model, setting WelbeHealth apart from competitors by emphasizing personalized, patient-centered care for the elderly.

Company Stage

Series C

Employees

501-1,000

Industries

Healthcare

Total Funding

$59.5M

Headquarters

Menlo Park, California

Founded

2015


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Simplify's Take

What believers are saying

  • Telehealth expansion enhances accessibility and convenience for WelbeHealth participants.
  • AI technologies can improve patient outcomes and operational efficiency at WelbeHealth.
  • Increased funding for senior care services benefits WelbeHealth's expansion plans.

What critics are saying

  • Increased competition from other PACE providers may impact WelbeHealth's market share.
  • Rising operational costs could affect WelbeHealth's profitability.
  • Potential changes in Medicare and Medicaid reimbursement rates may impact revenue.

What makes Welbe Health unique

  • WelbeHealth employs the PACE model for comprehensive senior care.
  • The leadership team has extensive experience in geriatric care and PACE organizations.
  • WelbeHealth offers integrated medical, social, and long-term care services.

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Growth & Insights
Headcount

6 month growth

9%

1 year growth

22%

2 year growth

62%

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