Full-Time

Medical Director

Posted on 11/22/2024

Welbe Health

Welbe Health

501-1,000 employees

Comprehensive care services for seniors

Healthcare

Compensation Overview

$300k - $330kAnnually

+ Incentives up to $82,500 + Equity Grants

Senior

Elk Grove, CA, USA

Category
Physicians & Surgeons
Medical, Clinical & Veterinary
Requirements
  • Board Certified in Internal Medicine, Family Medicine, Emergency Medicine, or Geriatrics
  • Eligible for enrollment to provide services to Medicare and Medi-Cal Participants
  • Proven track record of successfully leading data-driven organizations

WelbeHealth offers comprehensive care services for older adults, utilizing the PACE (Program of All-Inclusive Care for the Elderly) model. This model integrates medical, social, and long-term care, allowing for personalized care plans that cater to the unique needs of each patient. The company stands out by focusing on maintaining the independence of seniors while providing tailored support to enhance their quality of life. WelbeHealth's goal is to deliver high-quality, patient-centered care that aligns with the values and preferences of elderly clients.

Company Stage

Series C

Total Funding

$59.5M

Headquarters

Menlo Park, California

Founded

2015

Growth & Insights
Headcount

6 month growth

9%

1 year growth

22%

2 year growth

62%
Simplify Jobs

Simplify's Take

What believers are saying

  • Telehealth integration enhances care for seniors with mobility issues or in remote areas.
  • AI use in elderly care enables proactive interventions and personalized care plans.
  • Value-based care models align with PACE's comprehensive care approach, improving outcomes.

What critics are saying

  • Increased competition from other PACE providers in California may impact market share.
  • Rising operational costs due to inflation and increased wages may affect profitability.
  • Potential changes in Medicare and Medicaid reimbursement rates could impact revenue streams.

What makes Welbe Health unique

  • WelbeHealth employs the PACE model, integrating medical, social, and long-term care services.
  • The company focuses on personalized care plans developed with patients and their families.
  • WelbeHealth's leadership team has extensive experience in geriatric care and the PACE model.

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