What You Should Know:
– Modern Health acquires San Francisco-based mental health startup Kip to expand the data-driven capabilities of its mental health and wellness platform supporting 200+ enterprises globally.
– Founded in 2015, Kip connects users with qualified therapists and arms them with the tools to track observations, feedback, and outcomes about their mental health journey. By combining therapy with a mobile app that allows patients to engage with resources and maintain commitments, Kip has created a unique shared infrastructure to help therapists and patients track mental health progress over time and create more personalized mental health experiences.
– As part of the acquisition, Co-founder and CEO, Ti Zhao, will join Modern Health’s product development team to further expand the company’s suite of mental health solutions and analytics.
– The addition of Kip’s comprehensive and evidence-based communication, assessment, and analytics tools will allow Modern Health to better track and analyze outcomes and feedback over time, create more meaningful, personalized care plans, and further strengthen relationships between Modern Health’s therapists and coaches and the members they serve.
– As an employer-focused solution offering a fully integrated mental health platform, Modern Health’s evidence-based approach provides employees access to mental health care for all levels of need, utilizing therapists, coaches, and digital content to deliver support via one comprehensive, consumer-friendly app.
