Metrics matter: Wellco Corp.

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 based in Royal Oak, Mich. “What’s more, the average employer spends more than $10,000 per employee on medical costs each year, and about 95 percent of those dollars go toward sick care, which is controllable.”

For the full article, published in “Second-Stage Rockstars,” follow this link

The Edward Lowe Foundation actively embraces and encourages entrepreneurship as the source and strategy for economic growth, community development and economically independent individuals.  In 1985 Ed and Darlene created the Edward Lowe Foundation to “champion the entrepreneurial spirit” as a cornerstone of the free enterprise system. Today the foundation pursues two goals to fulfill its mission. The first is to help second-stage business owners take their companies to the next level through peer learning. The second is to encourage wider understanding of the vital role second-stage companies play in the U.S. economy.