Company Directory - WellRithms, Inc.
Company Details - WellRithms, Inc.
WellRithms, Inc.
WebsiteWellRithms provides innovative solutions for total population health management and integrates data to help manage healthcare costs effectively.
CCI Score
CCI Score: WellRithms, Inc.
51.70
-0.03%
Latest Event
WellRithms Advances Fair Healthcare Billing
WellRithms, Inc. is highlighted for its innovative approach in combating medical overbilling by employing advanced technology to review and reprice healthcare bills fairly. The company’s efforts, emphasized in a LaborPress article dated May 15, 2024, help union and employer health plans save millions by ensuring billing transparency and protecting workers from exploitative practices.
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LEADER
WellRithms, Inc. is currently rated as a Leader.
Latest Events
- MAY152024
WellRithms, Inc. is highlighted for its innovative approach in combating medical overbilling by employing advanced technology to review and reprice healthcare bills fairly. The company’s efforts, emphasized in a LaborPress article dated May 15, 2024, help union and employer health plans save millions by ensuring billing transparency and protecting workers from exploitative practices.
+80
Labor Relations and Human Rights Practices
March 28
The company’s technology-driven bill review system actively protects union and employer health plans by rectifying exploitative medical overbilling practices. This commitment to transparency and fairness bolsters worker rights and improves labor conditions, aligning with anti-authoritarian economic practices.
WellRithms: “Fairness and Justice in Healthcare Billing” – LaborPress
+60
Technology and Services Impact
March 28
WellRithms’ use of advanced software to perform line-item medical bill reviews represents a positive technological innovation, ensuring accuracy and fairness in healthcare billing. This technological solution mitigates the risk of exploitative pricing and supports principles of justice in healthcare, benefiting marginalized communities.
WellRithms: “Fairness and Justice in Healthcare Billing” – LaborPress
- MAY092024
On May 9, 2024, WellRithms showcased its innovative Shield Indemnification™ strategy through a new white paper. The paper explains a captive insurance solution designed to transfer financial risk from health plan sponsors and patients, offering a groundbreaking defense against balance billing.
+60
Business Practices and Ethical Responsibility
March 28
By introducing a captive insurance solution that guarantees protection from balance billing, WellRithms delivers a robust and innovative response to abusive billing practices. This approach not only safeguards financial interests but also reinforces ethical and consumer-focused business practices in a heavily regulated industry.
+10
Public and Political Behavior
March 28
The release also reflects a commitment to public accountability by addressing widespread billing abuses, ensuring that vulnerable patients and health plan sponsors are shielded from financial exploitation.
- APR092024
On April 9, 2024, WellRithms published a white paper that critically examines the limitations of reference-based pricing (RBP) in healthcare, and introduces its proprietary Sustainable Claims Pricing™ as a more transparent alternative.
+55
Business Practices and Ethical Responsibility
March 28
The white paper is a strategic move to highlight and remedy unfair billing practices by questioning the traditional RBP model. By promoting a more equitable method through Sustainable Claims Pricing™, WellRithms enhances consumer protection and encourages ethical practices in healthcare finance.
- MAR192024
On March 19, 2024, WellRithms released an e-book that exposes abusive medical billing practices, highlighting unethical behavior in the healthcare industry and advocating for greater transparency and accountability.
+80
Business Practices and Ethical Responsibility
March 28
By publishing an e-book that details abusive medical billing practices, WellRithms is taking a strong stand on ethical responsibility and business practices. This initiative increases transparency in a critical sector of healthcare, challenging exploitative practices and promoting accountability.
WellRithms Publishes E-Book Exposing Abusive Medical Billing Practices
+50
Public and Political Behavior
March 28
The public release of the e-book serves as a form of political and social engagement, aiming to hold unethical corporate practices accountable and empower patients by providing them with critical information. This act supports a transparent, progressive dialogue against abusive economic practices in healthcare.
WellRithms Publishes E-Book Exposing Abusive Medical Billing Practices
- MAR192024
On March 19, 2024, WellRithms released an e-book that outlines systematic abuses in medical billing practices, providing case studies and guidance to protect group health plans from overbilling.
+50
Business Practices and Ethical Responsibility
March 28
The publication of an e-book exposing abusive billing practices serves to educate healthcare purchasers and the public. This proactive disclosure fosters transparency and accountability in an industry prone to exploitative practices, aligning with progressive efforts to protect marginalized consumers.
- MAR122024
On March 12, 2024, WellRithms announced the launch of Audxguard, a subsidiary focused on assisting health plans in verifying compliance with gag-clause prohibitions in light of recent regulatory mandates.
+70
Business Practices and Ethical Responsibility
March 28
By launching Audxguard, WellRithms is reinforcing ethical business practices in healthcare. The initiative helps health plans navigate regulatory requirements for gag-clause prohibitions, thereby protecting consumers and promoting transparency in pricing—an important counter to exploitative practices.
- FEB132024
On February 13, 2024, WellRithms announced its participation in the SIIA Healthcare Price Transparency Forum (Feb 26-27, 2024) in Charlotte, NC. The firm is using this platform to demonstrate its commitment to transparent and fair healthcare reimbursement practices.
+60
Public and Political Behavior
March 28
WellRithms’ active engagement in an industry forum focused on pricing transparency showcases a commitment to public accountability and consumer protection. This engagement supports ethical governance and helps empower patients and healthcare purchasers, aligning with anti-authoritarian and progressive practices.
- APR062023
WellRithms has implemented its Shield program, a cost-containment service designed to meticulously review medical bills for accuracy and fairness. By detecting and correcting automated and excessive billing charges, the company not only protects patients from unnecessary debt but also encourages employee advocacy for transparent healthcare billing practices.
+60
Public and Political Behavior
March 28
WellRithms supports transparency in healthcare and promotes employee advocacy by encouraging workers to demand accountability in billing practices. This aligns with positive public and political behavior by empowering individuals to hold powerful institutions accountable.
Prescription for Transparency: The ‘Robin Hood’ Company Fighting Back Against Healthcare Inflation
+75
Business Practices and Ethical Responsibility
March 28
The introduction of the Shield program underscores WellRithms' commitment to ethical business practices by actively reducing patient financial burdens and correcting systemic flaws in medical billing, demonstrating a strong stance against exploitative practices.
Prescription for Transparency: The ‘Robin Hood’ Company Fighting Back Against Healthcare Inflation
+70
Technology and Services Impact
March 28
WellRithms leverages its proprietary software algorithms to conduct detailed bill reviews, ensuring accuracy in billing and empowering consumers with transparency in health care pricing. This innovation in technology positively impacts public welfare.
Prescription for Transparency: The ‘Robin Hood’ Company Fighting Back Against Healthcare Inflation
+50
Economic and Structural Influence
March 28
By mitigating excessive medical billing errors and reducing financial strain on patients, WellRithms contributes to a more equitable economic environment within healthcare. This structural influence helps to enforce fair billing standards and supports broader economic justice.
Prescription for Transparency: The ‘Robin Hood’ Company Fighting Back Against Healthcare Inflation
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