Wellist

Personalized patient support and navigation tools

Boston, Massachusetts, United States

About Wellist

Wellist improves patient experiences and health outcomes by offering personalized support tools for hospitals and healthcare systems. Its main product, the Consumer Navigation Program, helps patients, families, and caregivers access tailored resources and support services, including hospital-specific information and community-based assistance. This program is designed to meet the unique needs of different patient populations. Wellist partners with healthcare providers to integrate its navigation tools into their systems, enhancing patient satisfaction and health outcomes, which also boosts the providers' brand image. Unlike many competitors, Wellist employs an omni-channel approach, allowing patients to receive support through digital platforms, phone support, and in-person assistance, ensuring convenience and accessibility. The goal of Wellist is to enhance patient care and satisfaction, ultimately improving the overall experience for patients within the healthcare system.

Boston, MassachusettsHeadquarters
2013Year Founded
$13.6MTotal Funding
LATE_VCCompany Stage
Enterprise Software, HealthcareIndustries
11-50Employees

Benefits

Health Insurance
Dental Insurance
Life Insurance
Disability Insurance
Paid Vacation
401(k) Company Match

Risks

Competition from platforms like CarePort Health may impact Wellist's market share.
Reliance on healthcare providers for revenue makes Wellist vulnerable to regulatory changes.
Hyperlocal approach may limit scalability beyond the Boston area.

Differentiation

Wellist offers a hyperlocal approach tailored to specific patient populations.
The omni-channel strategy ensures patients access support in their preferred method.
Partnerships with healthcare providers integrate Wellist's tools into patient care systems.

Upsides

Increased demand for telehealth boosts need for Wellist's integrated support platform.
Collaboration with CoPatient may expand services to include financial navigation.
Value-based care models encourage adoption of Wellist's platform for better patient outcomes.

Funding

Total raised$13.62 M
Latest valuation$17.50 M
StageLATE_VC
LATE VC
10/31/2019
$4
$17.50 M
DEBT
2/28/2017
N/A
N/A
$2.50 M