February 27, 2019
KCRA News 3
“PACE is a one-stop service center: everything from dental work to manicures to counseling services.”
February 27, 2019
Stockton Record
Service that helps seniors age in place arrives in Stockton
Imagine if you will a service designed to meet all the medical and social needs of the community’s frail seniors with the goal of keeping them out of nursing homes and hospitals. And for most participants with Medi-Cal or a combination of Medicare and Medi-Cal with no share of cost, all of its services are free.
June 28, 2018
Business Wire
WelbeHealth Raises $15 Million Series B to Accelerate Growth of Innovative Care Programs for Seniors
WelbeHealth’s model of care leverages industry leading technologies to support highly coordinated interdisciplinary care teams and cultivates a service-oriented mentality in attending to each individual patient’s health and social needs.
May 8, 2018
Modern Healthcare
New venture capital firm to focus on companies serving poor, high-needs patients
“We are completely underinvested in primary care, mental health, care for pregnant moms, the frail elderly and people with chronic conditions, particularly people of color,” Slavitt said. “There are mission-driven entrepreneurs out there aiming to address these challenges, but investors tend not to see them. Instead, they tend to see bright shiny objects like wearable devices.”
April 20, 2017
Wall Street Journal
Health-Care Deals Hit by Obamacare Limbo
WSJ cites WelbeHealth as an example of company aligning healthcare incentives, regardless of political climate.
February 8, 2017
Yahoo Finance
WelbeHealth Announces $15 Million of Funding from F-Prime Capital and .406 Ventures
“We founded this company around the mission of serving our most vulnerable seniors with greater quality and compassion in a value-based model,” said Si France, MD, co-founder and CEO of WelbeHealth. “So we were very deliberate in selecting successful investors who have experience partnering with entrepreneurs to build truly mission-driven healthcare services companies.”
February 8, 2017
Wall Street Journal
WelbeHealth Gains Capital to Help Elderly Live Independently
In addition to providing medical services, Welbe Health plans to tend to members’ social needs. On a typical day, a participant would be picked up and brought to a day center where he or she can socialize. At the day center there will also be dining and a salon and an interdisciplinary care team that includes physicians, nurses, social workers, physical therapy and occupational therapy.
Feb 1, 2017
Sutter Health
New Partnership Expands Healthcare Services to Seniors
“There is an unprecedented level of mission alignment for us as healthcare partners,” according to Sutter Care at Home CEO Marcia Reissig, RN. “We both provide care for the most vulnerable patients, facilitating their ability to remain at home longer while reducing emergency room trips and inpatient stays. This is an ideal partnership for bringing the PACE model of elder care to more underserved communities.”
Jan 27, 2017
Mobile Health News
Five Predictions for Health Tech and Services for 2017
Many start-ups are now rushing into the frailty space to provide services to delay this gradual decline and in turn, preventing high cost complications. Two special early stage mentions in this category are Welbe Health and Attuned Care. Bay Area based Welbe Health (F-Prime) is implementing the much-acclaimed PACE program which provides Medicare reimbursement for delivering common activities of daily living such as meals, transportation, and home care assistance.
Aug 20, 2016
The New York Times
Private Equity Pursues Profits in Keeping the Elderly at Home
Dr. Si France, a founder of WelbeHealth, an early-stage company based in Menlo Park, Calif., says start-ups can use technology to improve clinical communication, help caregivers make treatment decisions and monitor patients at home or in a hospital. But he insists even a high-tech PACE program cannot veer from its origins. “We think this is an arena for missionaries, not mercenaries.”
