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
"Loom is applying artificial intelligence and machine learning into the entire log analysis process, from start to finish and at the end you will get a human touch,” explained Sabo Taylor Diab, Vice President, Marketing at Loom Systems, in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
Wooed by the promise of faster innovation, lower TCO, and greater agility, businesses of every shape and size have embraced the cloud at every layer of the IT stack – from apps to file sharing to infrastructure. The typical organization currently uses more than a dozen sanctioned cloud apps and will shift more than half of all workloads to the cloud by 2018. Such cloud investments have delivered measurable benefits. But they’ve also resulted in some unintended side-effects: complexity and risk. ...
The Internet giants are fully embracing AI. All the services they offer to their customers are aimed at drawing a map of the world with the data they get. The AIs from these companies are used to build disruptive approaches that cannot be used by established enterprises, which are threatened by these disruptions. However, most leaders underestimate the effect this will have on their businesses. In his session at 21st Cloud Expo, Rene Buest, Director Market Research & Technology Evangelism at Ar...
It is ironic, but perhaps not unexpected, that many organizations who want the benefits of using an Agile approach to deliver software use a waterfall approach to adopting Agile practices: they form plans, they set milestones, and they measure progress by how many teams they have engaged. Old habits die hard, but like most waterfall software projects, most waterfall-style Agile adoption efforts fail to produce the results desired. The problem is that to get the results they want, they have to ch...
"We are a monitoring company. We work with Salesforce, BBC, and quite a few other big logos. We basically provide monitoring for them, structure for their cloud services and we fit into the DevOps world" explained David Gildeh, Co-founder and CEO of Outlyer, in this SYS-CON.tv interview at DevOps Summit at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
Cloud Expo, Inc. has announced today that Andi Mann and Aruna Ravichandran have been named Co-Chairs of @DevOpsSummit at Cloud Expo Silicon Valley which will take place Oct. 31-Nov. 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. "DevOps is at the intersection of technology and business-optimizing tools, organizations and processes to bring measurable improvements in productivity and profitability," said Aruna Ravichandran, vice president, DevOps product and solutions marketing...
21st International Cloud Expo, taking place October 31 - November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy. Me...
With major technology companies and startups seriously embracing Cloud strategies, now is the perfect time to attend 21st Cloud Expo October 31 - November 2, 2017, at the Santa Clara Convention Center, CA, and June 12-14, 2018, at the Javits Center in New York City, NY, and learn what is going on, contribute to the discussions, and ensure that your enterprise is on the right path to Digital Transformation.
SYS-CON Events announced today that Enzu will exhibit at SYS-CON's 21st Int\ernational Cloud Expo®, which will take place October 31-November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Enzu’s mission is to be the leading provider of enterprise cloud solutions worldwide. Enzu enables online businesses to use its IT infrastructure to their competitive advantage. By offering a suite of proven hosting and management services, Enzu wants companies to focus on the core of their ...
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...
In 2014, Amazon announced a new form of compute called Lambda. We didn't know it at the time, but this represented a fundamental shift in what we expect from cloud computing. Now, all of the major cloud computing vendors want to take part in this disruptive technology. In his session at 20th Cloud Expo, Doug Vanderweide, an instructor at Linux Academy, discussed why major players like AWS, Microsoft Azure, IBM Bluemix, and Google Cloud Platform are all trying to sidestep VMs and containers wit...
With major technology companies and startups seriously embracing Cloud strategies, now is the perfect time to attend 21st Cloud Expo October 31 - November 2, 2017, at the Santa Clara Convention Center, CA, and June 12-14, 2018, at the Javits Center in New York City, NY, and learn what is going on, contribute to the discussions, and ensure that your enterprise is on the right path to Digital Transformation.
Internet of @ThingsExpo, 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 Internet of Things (IoT) is the most profound change in personal and enterprise IT since the creation of the Worldwide Web more than 20 years ago. All major researchers estimate there will be tens of billions devic...
Amazon started as an online bookseller 20 years ago. Since then, it has evolved into a technology juggernaut that has disrupted multiple markets and industries and touches many aspects of our lives. It is a relentless technology and business model innovator driving disruption throughout numerous ecosystems. Amazon’s AWS revenues alone are approaching $16B a year making it one of the largest IT companies in the world. With dominant offerings in Cloud, IoT, eCommerce, Big Data, AI, Digital Assista...
The taxi industry never saw Uber coming. Startups are a threat to incumbents like never before, and a major enabler for startups is that they are instantly “cloud ready.” If innovation moves at the pace of IT, then your company is in trouble. Why? Because your data center will not keep up with frenetic pace AWS, Microsoft and Google are rolling out new capabilities. In his session at 20th Cloud Expo, Don Browning, VP of Cloud Architecture at Turner, posited that disruption is inevitable for comp...