Medicode
WellMed Medical Management Inc. operates as WellMed Medical Group, a physician-led primary care provider founded in 1990 serving Medicare beneficiaries aged 65 and older across Texas and Florida via clinics, virtual video visits, in-home care, and broker-referred plan enrollment.
- Company typePrivate
- Founded1990
- HeadquartersSalt Lake City, United States
- Headcount—
- GTM typeB2C
- OfferingServices
What Medicode does
WellMed Medical Management Inc., operating as WellMed Medical Group, is a privately held, physician-led primary care provider founded in 1990 and headquartered in Texas, with operations concentrated in Texas and Florida. The company delivers personalized, value-based primary care to Medicare beneficiaries aged 65 and older through an integrated delivery model spanning in-person clinic visits, virtual video visits, in-home care, clinical programs, specialist referrals, transitional care, extended-hours clinics, and a patient portal. Core technology consists of telehealth/virtual video visit infrastructure and a patient portal for digital access to health services; no proprietary AI or advanced analytics platform is disclosed in the source materials.
WellMed monetizes through Medicare reimbursements for healthcare services provided to enrollees of accepted Medicare insurance plans, with pricing and contract terms not publicly disclosed. Its go-to-market is direct-to-consumer: patients are reached through the company website, patient portal, physical clinic locations, content marketing (the Age Healthy Now blog, Docs in a Pod podcast), community events, organic social media, and broker channels that drive Medicare plan enrollment. The customer base is entirely consumer-segmented — individual Medicare beneficiaries and their caregivers — with no enterprise B2B contracts identified.
In 2025, WellMed acquired and integrated USMD and Healthcare Associates of Texas (HCAT) as wholly owned subsidiaries, expanding its physician/provider network and geographic reach. The company also operates the WellMed Charitable Foundation, providing caregiver resources and economic security assistance to patients and the broader senior community, extending the brand beyond clinical services. Ownership and capitalization details, including any private equity or strategic investor backing, are not disclosed in the source materials.
Medicode firmographics
Firmographics- Name
- Medicode
- Legal name
- WellMed Medical Management Inc.
- Website
- https://medicode.com
- Company type
- Private
- Founded year
- 1990
- Operating status
- Operating
- Short description
- WellMed Medical Management Inc. operates as WellMed Medical Group, a physician-led primary care provider founded in 1990 serving Medicare beneficiaries aged 65 and older across Texas and Florida via clinics, virtual video visits, in-home care, and broker-referred plan enrollment.
- Ownership category
- akta.pro rank
Medicode industry classification
Industry- Product category
- Senior Primary Care
- NAICS
- Offices of Physicians (6211), Services for the Elderly and Persons with Disabilities (624120)
- SIC
- Services-Offices & Clinics Of Doctors Of Medicine (8011), Services-Health Services (8000)
- akta.pro primary industry
- Primary Care & General Medicine Virtual Care (HLALAAAA)
- akta.pro secondary industries
- Medicare Member Engagement & Care Management (Utilization, Case/Disease Mgmt) (FSAIAGAL), Benefits, Insurance & Entitlement Navigation (Medicare/Medicaid/VA/LTC) (HSABAIAG)
Keywords
Where Medicode is headquartered
LocationHeadquarters
- HQ city
- Salt Lake City
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
Medicode business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure
Revenue model
- Medicare Services: WellMed generates revenue through providing healthcare services to Medicare beneficiaries. The company offers personalized primary care for people with Medicare, including preventive care, clinical programs, specialists, and transitional care services.
Go-to-market motion1 record
Distribution channels4 records
Marketing channels6 records
Medicode product offering
Product offeringCore offering
WellMed provides personalized primary care for Medicare beneficiaries (primarily seniors aged 65 and older) through a network of physicians and clinics in Texas and Florida. The core offering is coordinated, physician-led preventive primary care, augmented by virtual video visits, clinical program services, specialist referrals, transitional care, extended hours clinics, and in-home care support. The company also maintains a patient portal, an online provider and clinic directory, and Medicare education resources to help seniors navigate plan selection and ongoing care.
Product overview
WellMed offers a unified healthcare service platform for older adults with Medicare, consisting of coordinated, physician-led care teams focused on prevention and patient-centered support. The portfolio includes in-person primary care, virtual video visits, clinical program services, specialist referrals, transitional care, and extended hours clinics. USMD and Healthcare Associates of Texas have been integrated into the WellMed network. The company also provides a patient portal for digital access to health services.
Differentiator
Problem solved
Functional benefit
Brands
- WellMed Charitable Foundation: Charitable foundation providing support and resources to caregivers and patients
- USMD
- Healthcare Associates of Texas (HCAT)
Products and services
- WellMed Healthcare Services Personalized primary care services for people with Medicare, focused on preventive care for older adults in Texas and Florida, delivered through coordinated physician-led care teams, virtual video visits, clinical program services, specialists, transitional care, in-home care, and extended hours clinics.
- Virtual Video Visits Telehealth service that allows Medicare patients to access a WellMed healthcare clinician remotely for primary care consultations.
- Clinical Program Services Clinical programs supporting Medicare patients as part of WellMed's coordinated primary care offering.
- Specialists for Health Specialist physician services accessible to WellMed Medicare patients through the WellMed network.
- Transitional Care Care coordination services supporting Medicare patients as they transition between care settings, including hospital discharge and readmission avoidance.
- Extended Hours Clinics WellMed clinic locations offering primary care access beyond standard business hours for Medicare patients.
- Patient Portal Online portal giving WellMed patients digital access to manage appointments, forms, bill pay, and other health services.
- WellMed Network of Doctors Network of physicians and care teams providing coordinated primary and specialty care services to Medicare beneficiaries across Texas and Florida.
Companies that use Medicode
Customer profileSegments1 record
Ideal customer profiles1 record
Medicode technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Medicode partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered minor.
- USMDminorUSMD has become part of WellMed Medical Group. The partnership brings USMD's medical resources under the WellMed umbrella, with updated patient resources, bill pay, and provider/location information now integrated into the WellMed platform.
- Healthcare Associates of Texas (HCAT)minorHealthcare Associates of Texas has become part of WellMed Medical Group. Patient bill pay and resources for HCAT are now accessible through the WellMed healthcare website.
- WellMed Charitable FoundationminorThe WellMed Charitable Foundation provides caregiver resources, economic security assistance, and charitable support to WellMed patients and the broader community.
Scale indicators2 records
Recent moves5 records
Expansion highlights5 records
Medicode competitors and assessment
Company assessmentDirect peers
- Cano Health: Value-based senior primary care group with a strong Florida presence — a direct head-to-head overlap with WellMed's Florida footprint and Medicare-focused patient model.
- ChenMed: Family-owned, physician-led value-based primary care group serving seniors on Medicare Advantage. Operates dedicated senior medical centers with a similar physician-led, prevention-first model to WellMed.
- VillageMD (Walgreens Boots Alliance): Value-based primary care provider with significant senior-care focus, backed by Walgreens. Competes in the same value-based, multi-payer primary care space as WellMed.
- Conviva Care Centers: Senior-focused primary care group operating in Florida and Texas, owned by Humana. Direct geographic overlap with WellMed's two core states and a comparable value-based Medicare model.
- CenterWell Senior Primary Care (Humana): Humana-owned senior-focused primary care chain operating dedicated senior medical centers. Directly competes with WellMed for Medicare patients and physician talent in overlapping geographies.
- agilon health: Partnership-based value-based care platform partnering with primary care physicians to manage Medicare Advantage populations. Comparable full-risk, senior-focused capitated economics to WellMed's value-based model.
- Oak Street Health (CVS Health): Value-based primary care group focused exclusively on Medicare beneficiaries. Now owned by CVS Health, it is the most direct scaled competitor to WellMed's senior-focused, value-based primary care model.
Broad incumbents
- Carelon Health (formerly CareMore Health): Carelon Health (Elevance Health subsidiary) runs value-based care for complex and senior populations including Medicare Advantage. Comparable value-based clinical model for high-need seniors, broader parent footprint.
- One Medical (Amazon): Membership-based primary care platform with growing senior-care orientation. Overlaps with WellMed on tech-enabled primary care delivery and an increasingly senior member mix.
Emerging players
- Privia Health: Physician-enablement and medical group platform serving value-based contracts including Medicare populations. Comparable multi-state physician group structure and risk-bearing arrangements to WellMed.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Medicode social profiles
Digital presenceMedicode financial estimates
Financial estimateRevenue estimate
Valuation estimate
Medicode leadership team
Management profileNumber of profiles
Medicode subsidiaries and ownership
Company hierarchySubsidiaries2 records
Medicode funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Medicode M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Medicode
What does Medicode do?
WellMed provides personalized primary care for Medicare beneficiaries (primarily seniors aged 65 and older) through a network of physicians and clinics in Texas and Florida. The core offering is coordinated, physician-led preventive primary care, augmented by virtual video visits, clinical program services, specialist referrals, transitional care, extended hours clinics, and in-home care support. The company also maintains a patient portal, an online provider and clinic directory, and Medicare education resources to help seniors navigate plan selection and ongoing care.
Is Medicode a public or private company?
Medicode is a private company. It is classified as unknown and is currently operating.
When was Medicode founded?
Medicode was founded in 1990.
Where is Medicode based?
Medicode is headquartered in Salt Lake City, United States, in the North America region.
How does Medicode make money?
One revenue line is on record: medicare Services.
Who are Medicode's main competitors?
Direct peers on record are Cano Health, ChenMed, VillageMD (Walgreens Boots Alliance), Conviva Care Centers, CenterWell Senior Primary Care (Humana), agilon health and Oak Street Health (CVS Health). Broad incumbents are Carelon Health (formerly CareMore Health) and One Medical (Amazon). Privia Health is listed as an emerging player.
Does Medicode have an API?
No public API is recorded for Medicode.
What industry is Medicode in?
Medicode's product category is Senior Primary Care. Its primary akta.pro industry code is HLALAAAA, Primary Care & General Medicine Virtual Care, with a secondary code of FSAIAGAL, Medicare Member Engagement & Care Management (Utilization, Case/Disease Mgmt). Its NAICS code is 6211 and its SIC code is 8011.