What You Should Know: - Angle Health, a digital first health insurance carrier raises $58M in Series A funding, making health insurance more convenient, approachable, and affordable for employers and members. The round was led by Portage with participation from PruVen Capital, Wing Venture Capital, SixThirty Ventures, Mighty Capital, Wormhole Capital, Mindset Ventures, Crew Capital, Aloft VC, and Pilot founder Waseem Daher; and support from existing investors Blumberg Capital,
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Behavioral Health | News, Analysis, Insights - HIT Consultant
Why Patient Portal Usability is Critical to Patient Experience
Improving patient experience is a primary concern for behavioral health providers today. A positive patient experience can keep clients returning, while a frustrating or confusing experience may push them away. With so much on the line, it’s important to get it right. One of the most powerful tools in a behavioral health practice’s arsenal is a user-friendly, highly functional patient portal. These portals are often clients’ main point of connection to a practice outside of appointments. What
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Evergreen Nephrology Taps Innovaccer to Transform Kidney Care
What You Should Know: - Evergreen Nephrology, a nephrology-focused value-based care organization, has chosen the Innovaccer® Health Cloud and Innovaccer’s full solution suite to accelerate the transformation of kidney care. - Innovaccer’s cloud-native solutions selected by Evergreen include tools to optimize care management, physician engagement, patient engagement, referral management, advanced analytics, and dashboard-driven insights to optimize delivery of value-based specialty
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5 Executives Share Their Behavioral Health Predictions for 2023
As the start of the new year kicks off, we asked 5 healthcare executives to share their top predictions and trends for 2023. Dr. Yusuf Sherwani, Co-Founder and CEO of Quit Genius Employers will expand SUD treatment for employees: For example, Cigna more than doubled Evernorth’s Behavioral Health Network in recent months, and employers are now the ones driving demand for better behavioral health benefits for their employees. Employees with substance use disorder have become a financial
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Backed by CVS Health, Array Behavioral Care Raises $25M for Virtual Psychiatry/Therapy
What You Should Know: - Array Behavioral Care, the nation’s leading virtual psychiatry and therapy practice, announced today the closing of its latest $25M equity round to further scale modern behavioral healthcare across the continuum, with CVS Health leading the round. Existing investors also joined the round and contributed additional capital. - The financing builds upon a long history between Array and CVS Health and opens doors to new levels of collaboration to expand access to
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Why We Need Deflection to Reduce Overdose Deaths (and Drug Diversion) in 2023
The United States is still reeling from a devastating opioid epidemic. The Centers for Disease Control and Prevention (CDC) report that death from drug overdoses reached just under 108,000 between 2020 and 2021. That is enough to fill over four professional baseball stadiums. This staggering number of overdose deaths is due to many factors, including the sale of counterfeit medications and illegal drugs that often contain deadly doses of illicitly manufactured fentanyl and other
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Why The Future of Lateral Flow Testing is Digital
Lateral flow immunoassay tests (or LFTs, for short) have been in use for decades, becoming an indispensable tool within diagnostics’ (Dx) practice, as well as a growing range of applications outside healthcare. LFT's capacity for delivering fast turnaround—rapid detection in less than 20 minutes—from sample to result has made LFTs central to the shift moving triage and primary care closer to the patient at point-of-care (POC) and point-of-need (PON). Being intuitive for the user,
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Virtual Chronic Pain Startup, Override Launches with $3.5M
What You Should Know: - Override, a new multi-specialty, virtual chronic pain solution founded by former US Secretary of Veterans Affairs, David Shulkin MD, and his daughter, Jennie Shulkin JD emerges from stealth with $3.5M. The seed round was led by 7wireVentures and Martin Ventures, with SignalFire and Confluent Health joining the round. - In addition, Override has acquired the country’s leading pain management coaching business: Take Courage Coaching. Virtual Chronic Pain
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59% of Employees Would Rather Speak To An App About Their Mental Health
What You Should Know: - In October 2022, Wysa commissioned an independent survey of over 1000 American employees to get an in-depth look at the urgent state of mental health post-COVID. The results are staggering. - There are serious debilitating mental health concerns that our workforces are silently struggling with, leading to impacted individual self-confidence and self-perception about their abilities and identity at work, which further leads to perceived low self-efficacy, leading to
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Wraparound Programs – An Alternative Approach to Address the Children’s Mental Health Crisis
The mental health crisis impacting America’s children requires states, parents, guardians, and behavioral health professionals to rethink how we provide treatment. For many young people, high-fidelity wraparound programs are the answer. Even before the pandemic, mental health issues were a leading cause of disability for children. The pandemic only worsened the situation. In the fall of 2020, Challenge Success conducted a national study that found that only one-third of high school students
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