MINNEAPOLIS, April 4, 2023 — MOBE, a health outcomes company focused on improving people’s health while reducing health care costs, today announced the creation of its advisory board, naming Tim Wicks, former CFO of Optum as Board Chairman, and Dev Warren, CEO and Co-founder of Ascendant Advisory Group as a Board Member.
MOBE was created by pharmaceutical experts who aspired to help people reach optimal health outcomes not achieved by traditional, volume-based medication approaches. The company excels at combining data science, machine learning, and authentic human connection to help participants with their nutrition, sleep, movement, medication, and happiness. As a result, MOBE is able to reduce health care utilization and costs, achieve industry-leading engagement, and help participants improve quality of life.
MOBE serves large payer systems and self-insured employers and has eliminated more than $200 million in health care spending. To date, the company has reached nearly 250,000 participants and projects a total of 400,000 by year’s end.
“We’re entering a new growth stage at MOBE and are thrilled to bring such a stellar complement of industry experts together to guide us in serving more people. Not only do Tim and Dev recognize MOBE’s potential, but they’ve seen firsthand the value we deliver to our clients and the difference our solution has made to improve people’s health. We know they’ll be a driving force in our future,” said Mike Ott, CEO of MOBE.
Wicks retired from Optum in 2021 after nearly 20 years with the company where he held a broad range of executive leadership positions, including executive oversight for Optum Financial, CFO of Optum, Head of Supply Chain, and President and CEO of OptumRx. He was also a Board Member of Optum360, Optum’s joint venture in revenue cycle management with external partners CommonSpirit and Northwell Health.
“We know that whole-person health is the future of health care, and MOBE’s ability to combine that with predictive analytics is a best-in-class innovation,” said Wicks. “I look forward to serving MOBE and its mission to improve people’s lives.”
Prior to his role as CEO and Co-founder of Ascendant Advisory Group, Warren served as CEO of Gunnison Capital and CFO of M7 VI and Aerospace. Having spent much of his career in the private equity and venture capital industry, along with being a serial entrepreneur, he has started, grown, and advised businesses across many industries–including leading process improvement for Blue Cross and Blue Shield of Montana.
Together, Wicks and Warren will provide strategic growth guidance, payer and plan sponsor perspectives, and clinical industry trend analysis to MOBE’s executive team.
To learn more about MOBE, visit MOBEforlife.com.
MOBE was founded in 2014 by health industry veterans who uncovered a way to use deep data science to identify people whose health care needs (and costs) are going up, but whose health concerns are not resolved. MOBE combines this deep data science with digital health and a novel, one-to-one personalized approach–engaging and supporting participants to achieve healthier and happier lives without any additional cost to the health system, employers, or insurers.