Wellth, a digital health company based in Los Angeles, California, has raised $20 million in a Series B funding round from investors, including SignalFire, Partnership for New York City, label, and TSEF. The company specializes in improving adherence in chronic disease populations by using the science of behavioral economics and a deep understanding of human nature to address the unique obstacles that prevent people with chronic conditions from improving their patient outcomes.

Wellth's program goes beyond typical technology-based solutions to boost adherence, such as reminders and coaching, by using contingency management and loss aversion to create motivation and behavior change and improve population health at scale. In addition to its randomized controlled trial-proven outcomes, Wellth's easy-to-use mobile platform has been shown by health plans, providers, and other organizations to empower members with the incentives and support system they need to establish new healthy habits.

Critical outcomes for members include improved medication and care plan adherence, reduction in readmissions, hospitalizations, and ED utilization, improved PDC, and more.

Wellth's approach has the potential to significantly improve the lives of those with chronic conditions and reduce the burden on the healthcare system as a whole. Learn more about Wellth's innovative solution's latest funding round at https://founderlodge.com/round/Wellth-raises-20000000-Series-B-2023-04-03-Matthew-Loper-MTE4Njk.