b.well Connected Health Company Profile

Background

b.well Connected Health is a healthcare technology company founded in 2015 and headquartered in Baltimore, Maryland. The company is dedicated to transforming the healthcare experience by unifying fragmented health data, solutions, and services into a single, consumer-centric platform.

Key Strategic Focus

b.well's strategic focus centers on:

Data Integration: Aggregating health data from diverse sources, including electronic health records (EHRs), wearable devices, labs, pharmacies, and insurance providers, to create comprehensive longitudinal health records.

Personalized Health Insights: Utilizing advanced analytics and artificial intelligence to deliver proactive, personalized health recommendations to consumers.

Consumer Empowerment: Providing users with control over their health data, enabling informed decision-making and seamless access to care options.

Interoperability: Employing Fast Healthcare Interoperability Resources (FHIR)-based technology to ensure seamless data exchange across the healthcare ecosystem.

Financials and Funding

b.well Connected Health has secured significant funding to support its growth and innovation initiatives:

Series C Funding (February 2024): Raised $40 million in a round led by Leavitt Equity Partners, with participation from existing investors. This funding aims to scale the platform's capabilities in unifying patient data.

Investment from RTI International (February 2025): Received an undisclosed equity investment from RTI International to expand into the pharmaceutical and life sciences sectors.

Technological Platform and Innovation

b.well's platform is distinguished by several proprietary technologies and methodologies:

FHIR-Based Architecture: Ensures interoperability by standardizing data exchange across various healthcare systems.

Artificial Intelligence Integration: Implements AI-driven models to provide personalized health insights and recommendations.

Consumer-Mediated Data Connections: Maintains over 60,000 live data connections, including payer and provider APIs, health information networks, connected devices, labs, and pharmacies.

Leadership Team

Kristen Valdes: Founder and Chief Executive Officer. Valdes founded b.well in 2015, inspired by personal experiences navigating the fragmented healthcare system for her daughter. She previously held executive roles at UnitedHealthcare and has extensive experience in healthcare innovation.

Competitor Profile

Market Insights and Dynamics

The digital health market is experiencing rapid growth, driven by increasing consumer demand for integrated and personalized healthcare solutions. Key trends include the adoption of interoperable platforms, the rise of telehealth services, and the integration of AI to enhance patient care.

Competitor Analysis

WELL Health Technologies: A Canadian digital health company offering primary healthcare services, electronic medical records (EMR), and telemedicine solutions. WELL Health operates numerous outpatient clinics and provides SaaS EMR services across Canada.

Strategic Collaborations and Partnerships

b.well has established several significant partnerships to enhance its platform and expand its reach:

Samsung Health Integration (October 2023): Partnered with Samsung to integrate b.well's platform into the Samsung Health app, providing users with comprehensive personal health records and insights.

AWS Partner Network (April 2024): Joined the Amazon Web Services Partner Network and became available in the AWS Marketplace, facilitating the acceleration of healthcare ecosystems through cloud-based solutions.

NCQA Digital Content Services Partnership (October 2024): Collaborated with the National Committee for Quality Assurance to enhance the delivery of HEDIS measures, promoting proactive and personalized care recommendations.

Operational Insights

b.well's strategic partnerships and technological innovations position the company as a leader in the digital health space. By focusing on interoperability, personalized health insights, and consumer empowerment, b.well differentiates itself from competitors and addresses the challenges of healthcare fragmentation.

Strategic Opportunities and Future Directions

Looking ahead, b.well aims to:

Expand into Life Sciences: Leverage its platform to support pharmaceutical and life sciences companies in research and patient engagement initiatives.

Enhance AI Capabilities: Continue integrating advanced AI technologies to provide more precise and actionable health insights.

Broaden Consumer Reach: Utilize partnerships with major technology companies to reach a wider audience and empower more consumers with control over their health data.