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Behavioral Health | News, Analysis, Insights - HIT Consultant

M&A: Teladoc Acquires Virtual Mental Health Provider UpLift for $30M+

by Fred Pennic 04/30/2025 Leave a Comment

Teladoc Acquires Virtual Mental Health Provider UpLift for $30M+

What You Should Know:  - Teladoc Health, a global leader in virtual care, announced the acquisition of UpLift, a technology-enabled provider specializing in virtual mental health therapy, psychiatry, and medication management services.  - The deal includes an upfront payment of $30M, with the potential for up to an additional $15 million based on contingent earnout considerations. UpLift generated approximately $15 million in revenue in 2024. Moving forward, UpLift's financial
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Sohar Health and Talkiatry Partner to Automate Insurance Verification

by Jasmine Pennic 04/03/2025 Leave a Comment

Telepsychiatry Practice Talkiatry Secures $130M to Expand Value-Based Mental Healthcare Model

What You Should Know:  - Sohar Health, an AI-driven eligibility determination and Verification of Benefits (VoB) provider, has announced a partnership with Talkiatry to automate Talkiatry's insurance verification process.  - Sohar Health's Eligibility Automation technology is designed specifically for behavioral health providers. The collaboration has resulted in improved claim accuracy, reaching 95%. Today’s Cumbersome Insurance Eligibility/Verification Challenges Patients
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SonderMind Expands Personalized Mental Healthcare Services Nationwide

by Jasmine Pennic 04/01/2025 Leave a Comment

SonderMind Expands Comprehensive Mental Healthcare in All 50 States

What You Should Know:  - SonderMind, a provider of comprehensive, personalized mental health care, has announced its expansion to serve the entire country, now available in all 50 states and Washington, D.C.  - The expansion brings a combination of human-powered care and AI-powered tools to individuals across the nation, ensuring access to the right care at the right time. Comprehensive Mental Healthcare Approach SonderMind's approach to mental healthcare goes beyond
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5 Ways AI Can Help Mental Health Clinicians Manage a Growing Caseload

by Loren Larsen, CEO and Co-Founder, Videra Health 03/28/2025 Leave a Comment

The Importance of Between-Visits Appointments and Mental Health

The mental health landscape is experiencing a surge in demand for services. With limited resources and an ever-growing client base, mental health providers face a daunting challenge: ensuring high-quality care for each individual while managing an overflowing caseload. This is where AI-powered mental health screening platforms can become your secret weapon. These platforms, built around principles of measurement-based care
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MassHealth Taps PointClickCare for Behavioral Health Treatment and Referral Platform

by Jasmine Pennic 02/26/2025 Leave a Comment

MassHealth Taps PointClickCare for Behavioral Health Treatment and Referral Platform

What You Should Know:  - PointClickCare, a healthcare technology platform, and MassHealth, the Massachusetts Medicaid program launches a new Behavioral Health Treatment and Referral Platform.  - The statewide initiative aims to improve the efficiency and coordination of behavioral health care by streamlining referral processes, enhancing communication between providers, and providing real-time visibility into inpatient psychiatric bed availability. Addressing Behavioral Health
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The Future of Mental Health Depends on Provider Education

by Marcus Capone, Co-Founder & CEO, TARA Mind 02/24/2025 Leave a Comment

The Future of Mental Health Depends on Provider Education

Mental health care is experiencing a historic transformation. The FDA’s recent expansion of Spravato (esketamine) for standalone use signals a new era in treatment, and breakthrough therapies like Ketamine-Assisted Therapy (KAT) are offering new hope for patients with treatment-resistant depression (TRD), PTSD, and severe anxiety. But innovation is only as effective as its implementation and there’s a critical problem standing in the way of progress: providers are not being trained adequately
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Little Otter Secures $9.5M for Digital Whole-Family Mental Health

by Syed Hamza Sohail 02/06/2025 Leave a Comment

Little Otter’s Strategic Funding Round (Medicaid, AI Innovation + Brand Refresh)

What You Should Know: - Little Otter, a trailblazer in digital whole-family mental health care, has raised $9.5 million in a strategic funding round led by top-tier impact investors, including Pivotal Ventures, Torch Capital, Springbank, CRV, Next Legacy, G9, Gratitude Railroad, and Carrie Walton Penner's Fiore Ventures. - This investment brings total funding to-date to $36.35 million, and cements Little Otter’s position as a defining leader in the rapidly growing billion-dollar
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LunaJoy Launches Women’s Mental Health Virtual Certification Program

by Jasmine Pennic 01/28/2025 Leave a Comment

What You Should Know:  - LunaJoy Health, a women's mental health company, has launched a series of online educational modules designed to enhance the skills and knowledge of clinical professionals in maternal and women's mental health.  - With over 30 lectures available, participants can access comprehensive training on a variety of topics, from maternal birth trauma to treating bipolar disorder. Addressing a Critical Need The shortage of trained mental health professionals
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Eleos Secures $60M to Expand AI-Powered Behavioral Health Solutions and Tackle SUD Crisis

by Fred Pennic 01/22/2025 Leave a Comment

Eleos Secures $60M to Expand AI-Powered Behavioral Health Solutions and Tackle SUD Crisis

What You Should Know:  - Eleos Health, a pioneer in AI-driven solutions for behavioral health secures $60M in Series C funding round led by Greenfield Partners. The funding round includes participation from existing investors such as F-Prime Capital, Eight Roads, Menlo Ventures, and ION, as well as new investors like the Michael & Susan Dell Foundation, Union Tech Ventures, and Centerstone. - The latest investment brings Eleos' total funding to over $120M and underscores the
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Amwell Divests Psychiatric Care Business to Avel eCare for $21M

by Fred Pennic 01/09/2025 Leave a Comment

Amwell Divests Psychiatric Care Business to Avel eCare for $21M

What You Should Know:  - Amwell (NYSE: AMWL), a leading global provider of digital care solutions, announced today the sale of its Amwell Psychiatric Care (APC) business to Avel eCare, a prominent provider of clinician-to-clinician telehealth services.  - The strategic divestiture allows Amwell to further sharpen its focus on key growth areas, drive greater efficiencies, and better align with evolving client needs in the digital health market. Strategic Divestiture and
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