Pros
The company is serving a growing need (aging seniors who want to remain in their homes). That means there are many opportunities for internal promotion and growth.
Welbe invests heavily in cultivating healthy teams using Patrick Lencione's frameworks,
Every employee gets equity participation, something very rare in healthcare.
Three doctors founded the company and set the mission and values:
- Courage to Love (caring for high-need, sometimes difficult individuals)
- Shared Intention (boldly address multiple stakeholders)
- Pioneering Spirit (encouraging innovation)
Leadership prioritizes participant care and outcomes ahead of growth.
The services are delivered at no cost to participants (Medicaid and Medicare-funded) to ensure that the neediest and most frail seniors receive the highest levels of care.
Cons
We care for participants with very high needs (they qualify to be in nursing homes), and that is stressful and demanding.
There are many benefits, such as 12 company holidays, equity sharing, and a good selection of health insurance, but no tuition reimbursement.
The centers are all in California for now.
State and federal agencies heavily regulate and restrict PACE (Programs of All-Inclusive Care for the Elderly).
Senior care isn't for everyone. It isn't glamorous or sexy. It's hard work.