Scott Foster had one of those “be careful what you wish for” years. His company, Wellco Corp, was featured in Crain’s Stage 2 Strategies in July for its work in turning the company’s business model on its head. Wellco moved away from its traditional business of setting up employer wellness programs to using software to . . .
As a global provider of energy efficient heating solutions since 1955, Detroit Radiant Products Co. (DRP) recognizes the importance or continuous improvement and education. DRP provides educational theme summers to address important topics and complement corporate culture in between busy manufacturing periods. DRP wanted data points to address unknown employee health conditions and increasing health . . .
Businesses call Scott Foster when they want to provide employees with the perk of a wellness program — and gain a little insight of their own. Foster’s company, Wellco Corp., has created preventive health care regimens since 1996, providing clients with the tools to analyze their overall health care benefits and costs. But the health . . .
A rising star in the crowded health care consulting galaxy, Wellco is making a name for itself by leveraging data to fix companies’ wellness programs and reduce overall health care costs. Health care costs have been increasing at an annual rate of 10 percent or more, points out Scott Foster, founder of Wellco, which is . . .
Companies that dig into research on wellness programs will find about 50 studies that show they are effective but others that do not, said Wellco president Scott Foster. He said well-run programs should at least break even but a company’s decisions about adopting a program should be based on its definition of wellness and a . . .
A firestorm of health and wellness controversy is rising. 95% of health and wellness initiatives aren’t working, according to 2 recent reports by RAND Corporation. Wellco President, Scott Foster’s latest column evaluates the research and hype for organizations that want to know what works best. Digging deep into facts about wellness programs can help you . . .
Corporate health and wellness have taken on urgency, but were almost unheard of when Wellco was founded in 1996. Today, Wellco, as a knowledge-based economy company, have gotten less lonely. As a result, talent and resources are easier to come by. Wellco’s diversification was recently featured in Prosper Magazine. Prosper is a magazine about economic . . .
Wellco President, Scott Foster, was recently recognized as a Leader and Innovator Lawrence Technological University, WWJ Newsradio 950, and the Technology Report sponsor the Leaders & Innovators program to recognize Michigan-based leaders and innovators who demonstrate unique abilities or create extraordinary ideas or products that enhance their profession and strengthen and diversify Michigan’s economy. You . . .
