Welcome!

News Feed Item

SeeChange Health Records Award-Winning, Banner 2013

With revenue growth over 230%, as well as awards from Fast Company and Inc. magazines among others, 2013 proves remarkable year for company focused on improving health outcomes

SAN FRANCISCO, Jan. 14, 2014 /PRNewswire/ -- On December 31st SeeChange Health, closed an enviable year growing revenues over 230% in 2013. At the same time the company and its leadership were recognized by Fast Company magazine, Inc. magazine, Goldman Sachs and the W.K. Kellogg Foundation.

SeeChange Health has two fully owned subsidiaries, SeeChange Health Solutions and SeeChange Health Insurance.

SeeChange Health Solutions offers Software as a Service (SaaS) platform to employers and health plans, delivering clinical and behavioral economic-based solutions that improve health and lower healthcare costs. In 2013, SeeChange Health Solutions grew its paid membership to 1.4 million. The company launched a series of new initiatives in 2013, including unveiling a next generation, value-based care planning product that integrates with a variety of third-party pricing transparency tools. Research published last year reported significant improvements in critical biometric measures, a 15% reduction in hospital admits, and a reduction in hospital readmissions of over 50%.

SeeChange Health Insurance offers medical coverage to small and midsize groups in California and Colorado. In 2013, the company increased revenues by nearly 300% to over $120 million and its insured membership by more than 170% from the previous year. SeeChange Health Insurance incorporates the SeeChange Health Solutions platform in its entire product offerings, which enabled it to assist thousands of members uncover and better manage chronic health conditions such as diabetes, heart disease and asthma.

SeeChange Health's unique and disruptive approach to health care and medical insurance won it widespread recognition. The company placed number 20 on Fast Company's "World's 50 Most Innovative Companies 2013" and ranked 857th on the Inc. 5000 list maintained by Inc. magazine.  SeeChange Health's "What Are Value-Based Benefits?" video was named the Best Insurance Online Video in their Internet Advertising Competition and the company's CEO, Martin Watson, was recognized by Goldman Sachs as one of the "Most Intriguing Entrepreneurs of 2013." Also in 2013 the W.K. Kellogg Foundation invested in SeeChange Health in furtherance of the foundation's commitment to improving the health and well-being of vulnerable children and families.

"Our accomplishments in 2013 reflect the hard work and passion of the effective and committed team we've assembled at SeeChange Health," said CEO Martin. "But we're not looking backward. 2014 will be a breakthrough year for the company. Both companies have a robust pipeline of innovative product solutions that will be deployed into the marketplace and tangibly improve the health of our members. These efforts will result in continued trends of topline revenue growth, increased membership and profitability."

Watson sees continued growth for SeeChange Health in 2014 and beyond. "SeeChange Health Solutions will leverage our experience to expand into emerging markets. SeeChange Health Insurance will build on their success offering fully-insured health plans in California and Colorado and will launch a portfolio of creative self-insured products in 2014."

"Our track record has been encouraging and the recognitions rewarding," Martin added. "But our best years lie ahead and we're excited about seizing the opportunities it provides us."

About SeeChange Health

SeeChange Health delivers plans, technology and services aimed at creating better health and lowering health care costs by encouraging individuals to play an active role in managing their health to prevent, detect and treat serious health conditions. SeeChange Health Solutions provides clinical and behavioral economic based solutions that improve health and deliver returns to employers and health plans. SeeChange Health Insurance provides PPO plans delivering improved health outcome to employer groups in California and Colorado.  For more information, please visit www.SeeChangeHealth.com

Media Contact:

Susan Cotton
818-824-9164
Email

Read more news from SeeChange Health.

SOURCE SeeChange Health

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
yperConvergence came to market with the objective of being simple, flexible and to help drive down operating expenses. It reduced the footprint by bundling the compute/storage/network into one box. This brought a new set of challenges as the HyperConverged vendors are very focused on their own proprietary building blocks. If you want to scale in a certain way, let’s say you identified a need for more storage and want to add a device that is not sold by the HyperConverged vendor, forget about it....
WebRTC is great technology to build your own communication tools. It will be even more exciting experience it with advanced devices, such as a 360 Camera, 360 microphone, and a depth sensor camera. In his session at @ThingsExpo, Masashi Ganeko, a manager at INFOCOM Corporation, will introduce two experimental projects from his team and what they learned from them. "Shotoku Tamago" uses the robot audition software HARK to track speakers in 360 video of a remote party. "Virtual Teleport" uses a...
SYS-CON Events announced today that Calligo has been named “Bronze Sponsor” of SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Calligo is an innovative cloud service provider offering mid-sized companies the highest levels of data privacy. Calligo offers unparalleled application performance guarantees, commercial flexibility and a personalized support service from its globally located cloud platform...
As DevOps methodologies expand their reach across the enterprise, organizations face the daunting challenge of adapting related cloud strategies to ensure optimal alignment, from managing complexity to ensuring proper governance. How can culture, automation, legacy apps and even budget be reexamined to enable this ongoing shift within the modern software factory?
SYS-CON Events announced today that Elastifile will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 - Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Elastifile Cloud File System (ECFS) is software-defined data infrastructure designed for seamless and efficient management of dynamic workloads across heterogeneous environments. Elastifile provides the architecture needed to optimize your hybrid cloud environment, by facilitating efficient...
SYS-CON Events announced today that Cloudistics, an on-premises cloud computing company, has been named “Bronze Sponsor” of SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Launched in 2016, Cloudistics helps anyone bring the power of the cloud to the data center in an easy-to-use, on- premises cloud platform that automatically provides high performance resources for all types of applications: Docke...
With Cloud Foundry you can easily deploy and use apps utilizing websocket technology, but not everybody realizes that scaling them out is not that trivial. In his session at 21st Cloud Expo, Roman Swoszowski, CTO and VP, Cloud Foundry Services, at Grape Up, will show you an example of how to deal with this issue. He will demonstrate a cloud-native Spring Boot app running in Cloud Foundry and communicating with clients over websocket protocol that can be easily scaled horizontally and coordinate...
SYS-CON Events announced today that Golden Gate University will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Since 1901, non-profit Golden Gate University (GGU) has been helping adults achieve their professional goals by providing high quality, practice-based undergraduate and graduate educational programs in law, taxation, business and related professions. Many of its courses are taug...
@DevOpsSummit at Cloud Expo taking place Oct 31 - Nov 2, 2017, at the Santa Clara Convention Center, Santa Clara, CA, is co-located with the 21st International Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is ...
SYS-CON Events announced today that Golden Gate University will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Since 1901, non-profit Golden Gate University (GGU) has been helping adults achieve their professional goals by providing high quality, practice-based undergraduate and graduate educational programs in law, taxation, business and related professions. Many of its courses are taug...
DevOps at Cloud Expo, taking place October 31 - November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 21st Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to w...
SYS-CON Events announced today that Secure Channels, a cybersecurity firm, will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Secure Channels, Inc. offers several products and solutions to its many clients, helping them protect critical data from being compromised and access to computer networks from the unauthorized. The company develops comprehensive data encryption security strategie...
Recently, WebRTC has a lot of eyes from market. The use cases of WebRTC are expanding - video chat, online education, online health care etc. Not only for human-to-human communication, but also IoT use cases such as machine to human use cases can be seen recently. One of the typical use-case is remote camera monitoring. With WebRTC, people can have interoperability and flexibility for deploying monitoring service. However, the benefit of WebRTC for IoT is not only its convenience and interopera...
Vulnerability management is vital for large companies that need to secure containers across thousands of hosts, but many struggle to understand how exposed they are when they discover a new high security vulnerability. In his session at 21st Cloud Expo, John Morello, CTO of Twistlock, will address this pressing concern by introducing the concept of the “Vulnerability Risk Tree API,” which brings all the data together in a simple REST endpoint, allowing companies to easily grasp the severity of t...
SYS-CON Events announced today that SkyScale will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. SkyScale is a world-class provider of cloud-based, ultra-fast multi-GPU hardware platforms for lease to customers desiring the fastest performance available as a service anywhere in the world. SkyScale builds, configures, and manages dedicated systems strategically located in maximum-security...