WelbeHealth

What WelbeHealth does

WelbeHealth is a physician-led, privately held healthcare operator that runs the Program of All-Inclusive Care for the Elderly (PACE) for frail seniors aged 55 and older who are certified as eligible for nursing-facility-level care. The company serves as both the primary care provider and the at-risk insurer for each enrolled participant, coordinating medical, dental, vision, hearing, behavioral health, pharmacy, transportation, in-home care, physical and occupational therapy, and social/day-center services through 13+ PACE day centers across Northern and Southern California, including Long Beach, Pasadena, Stockton, Fresno, Modesto, Rosemead, North Hollywood, San Jose, Coachella Valley, Riverside, Carson, Elk Grove, and San Bernardino. In June 2022, WelbeHealth became the first PACE operator to convert to Public Benefit Company status, and in March 2026 it announced its first expansion outside California via a partnership with Bergen County, New Jersey.

WelbeHealth's core technology is the PACE integrated-care delivery model itself, an operations-intensive platform that combines capitated Medicare and Medicaid (Medi-Cal) financing with multidisciplinary care teams, contracted provider networks managed through the QuickCap provider portal, an Advocate Hub for authorizations and scheduling, multilingual intake across 12+ languages, and 24/7 urgent care support. Services are delivered through PACE day centers (medical clinic, rehabilitation gym, recreation space, dedicated dementia care) and in-home care when participants cannot travel, with transportation provided between home, centers, and specialist appointments.

The company is funded primarily through capitation payments from Medicare and Medi-Cal for each enrolled participant, with most dual-eligible seniors receiving services at no cost and self-pay rates applied to non-eligible participants. WelbeHealth has raised approximately $61M+ in disclosed venture funding across multiple rounds from investors including .406 Ventures, Longitude Capital, F-Prime, Town Hall Ventures, Green D Ventures, Alumni Ventures, Ulysses Holdings, Eight Roads Ventures, and General Atlantic. Customer acquisition is direct-to-consumer, targeting seniors and caregivers through a multi-channel mix of website, social media, community events, healthcare provider referrals, and a dedicated enrollment call line, with no enterprise or B2B channel.

Name

WelbeHealth

Legal name

WelbeHealth

Website

https://welbehealth.com

Company type

Private

Founded year

2018

Operating status

Operating

Headcount range

501–1,000 employees

Short description

WelbeHealth is a physician-led PACE operator delivering integrated Medicare/Medicaid-funded medical, social, and long-term care to frail California seniors 55+ through 13+ day centers, enabling them to age at home instead of in nursing facilities.

Ownership category

akta.pro rank

Product category

Senior Healthcare Services

NAICS

Services for the Elderly and Persons with Disabilities (624120), Services for the Elderly and Persons with Disabilities (62412), Offices of Physicians (6211)

SIC

Services-Health Services (8000), Services-Home Health Care Services (8082), Services-Nursing & Personal Care Facilities (8050), Services-Offices & Clinics Of Doctors Of Medicine (8011)

akta.pro primary industry

Medicaid Waiver / PACE-Partnered Adult Day Programs (HLADAIAM)

akta.pro secondary industries

Elder Services & Aging Support (BPAGAEAF), Transportation & Errands (Non-Emergency) (HLADAGAF)

Keywords

• Senior healthcare services
• PACE program coordination
• Elderly care management
• Medicare Medicaid services
• In-home senior care

Headquarters

HQ city

Menlo Park

HQ country

United States

HQ region

North America

Offices13 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales, Supply Chain

Revenue model

1. Medicare and Medi-Cal Reimbursement: WelbeHealth receives capitation payments from Medicare and Medi-Cal for each enrolled participant. As a PACE organization, they serve as both a primary care provider and a health insurer, coordinating and paying for all medical care. Most participants receive services at no cost if eligible for Medi-Cal or both Medicare and Medi-Cal with no share of cost.
2. Self-Pay for Non-Eligible Participants: Participants who are not eligible for Medicare or Medi-Cal pay a self-pay rate for services.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels6 records

Core offering

WelbeHealth operates the Program of All-Inclusive Care for the Elderly (PACE), an integrated Medicare/Medicaid-financed healthcare delivery model that provides comprehensive medical and social services to frail seniors 55+ who are certified eligible for nursing facility level of care. The company acts as both primary care provider and health insurer, coordinating all care through 13+ PACE day centers across California plus in-home care, covering medical, dental, vision, hearing, prescriptions, transportation, therapy, meals, and social activities at no cost to most Medi-Cal or dual-eligible participants.

Product overview

WelbeHealth operates as a single unified product offering centered on the Program of All-Inclusive Care for the Elderly (PACE), which is both a primary care provider and health insurer for seniors 55+ who meet nursing facility level of care criteria. The PACE program integrates multiple service modules including medical care and coordination, dental/vision/hearing services, in-home care, prescription delivery, transportation, physical therapy, mental health support, social activities, and nutritious meals—all delivered through a network of PACE day centers and in-home services. Services are typically provided at no cost to seniors eligible for Medi-Cal or both Medicare and Medi-Cal. The company has expanded from its initial Stockton location to operate PACE centers across California including Long Beach, Pasadena, Stockton, Fresno, Modesto, Rosemead, North Hollywood, San Jose, Coachella Valley, Riverside, Carson, Elk Grove, and San Bernardino. WelbeHealth became the first PACE provider to convert to Public Benefit Company status. The organization also provides supporting services including a provider network (supported by QuickCap portal), an Advocate Hub for provider services, and Language Access Services for non-English speakers.

Differentiator

Problem solved

Functional benefit

Quantifiable outcome

• UC Berkeley study showed exceptional COVID-19 adaptation results and lives saved through rapid transition to remote/home-based care

Named customers4 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Partnerships

One partnership is on record.

• Bergen County (New Jersey)minorStrategic or Co-development Partner · 4 March 2026Bergen County announced partnership with WelbeHealth for a new 45,000-square-foot healthcare facility as part of county healthcare initiatives. This represents geographic expansion interest outside California.

Scale indicators4 records

Recent moves10 records

Expansion highlights6 records

Direct peers

• InnovAge Holding Corp: The only publicly traded pure-play PACE operator in the US, operating PACE centers across multiple states. Directly comparable to WelbeHealth in business model (capitated PACE), customer (dual-eligible frail seniors), and integrated care delivery approach, though at national scale.
• On Lok Senior Health Services: The founding PACE organization based in San Francisco. Operates PACE centers in the Bay Area directly overlapping WelbeHealth's San Jose/Santa Clara County service area, and serves as the historical reference model for the entire PACE industry.
• Center for Elders' Independence: Oakland-based PACE operator serving the East Bay. Direct geographic competitor to WelbeHealth's Northern California centers; WelbeHealth's Chief Regulatory Affairs Officer Elizabeth Carty previously served as COO of CEI, illustrating how closely the two organizations are linked.
• AltaMed Health Services: Large LA-based federally qualified health center operating PACE programs in Southern California. WelbeHealth's Regional VP Sophia Guel-Valenzuela previously led AltaMed's ADHC and PACE growth for 18 years, directly overlapping WelbeHealth's LA expansion centers.
• St. Paul's PACE: San Diego-based PACE provider serving Southern California. Operates in adjacent geography to WelbeHealth's Riverside, Coachella Valley, Carson, and Long Beach centers and competes for dual-eligible senior enrollment in Southern California.

Emerging players

• ChenMed: Family-owned, value-based primary care provider focused on low-income seniors with complex chronic conditions. Targets the same frail senior population as PACE but uses a center-based primary care model without the integrated PACE capitation framework; both compete for senior-focused clinical talent and dual-eligible lives.
• ArchWell Health: Value-based primary care company serving Medicare Advantage seniors with a clinic + social support model. Targets the same dual-eligible and frail-senior demographic and has scaled rapidly across the Sun Belt with backing from General Atlantic, the same lead investor in WelbeHealth.

Broad incumbents

• Oak Street Health (CVS Health): National value-based primary care provider for older adults on Medicare, now owned by CVS Health. Competes for the same frail senior demographic through a different delivery model (clinic-based primary care with rides, social support) and represents a major strategic entrant into senior risk-bearing care.
• agilon health: Public value-based care enabler partnering with primary care physicians to manage Medicare Advantage and dual-eligible populations. Operates in an adjacent but broader senior care risk-bearing model and competes for the same frail-senior capitation dollars and clinical partnerships.
• Astrana Health (formerly Apollo Medical Holdings): Public risk-bearing healthcare organization managing care for senior and dual-eligible populations through capitated contracts with health plans. Operates a more diversified value-based care model than WelbeHealth but shares exposure to dual-eligible capitation economics.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/welbehealth19
• YouTubeyoutube.com/channel/UCOabXjGvcGgnw5iTFiZEQYA
• Facebookfacebook.com/welbehealth
• LinkedInlinkedin.com/company/welbehealth
• Instagraminstagram.com/welbehealth

Revenue estimate

Valuation estimate

Number of profiles

Profiles26 records

Funding overview

Funding rounds5 records

Investors9 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about WelbeHealth