What You Should Know: - The index of Healthcare & Life Science equities tracked by Stout was down 16.8% in Q2 2022, which was in line with the S&P 500 decline of 16.4%. - Healthcare & Life Science M&A activity plummeted to 338 deals in Q2 2022 versus 535 in Q2 2021 and a record 565 deals in Q4 2021. The report reveals credit markets likely to tighten, but a healthy level of M&A is expected to continue in the growing and defensive healthcare sector. Key Trends and
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Behavioral Health | News, Analysis, Insights - HIT Consultant
Brave Health & MedArrive Partner to Power Virtual Mental Health
- Brave Health, a virtual-first behavioral health provider focused on serving Medicaid and Medicare populations, today announced an innovative referral partnership with MedArrive. - Through this collaboration, if MedArrive identifies an eligible health plan member in need of mental health support, MedArrive’s field providers can immediately refer that member to Brave Health’s behavioral health providers in real time and schedule care within 72 hours. Conversely, if Brave Health identifies an
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AmerisourceBergen Launches EHR-Integrated Digital Therapeutics Platform
What You Should Know: This week, AmerisourceBergen announced plans to launch DTx Connect, a fully integrated ordering, dispensing and fulfillment platform that aims to facilitate patient access to physician-ordered digital therapeutics and diagnostics. - Several developers plan to pilot DTx Connect, which aims to reduce barriers that physicians and patients face across the ordering and fulfillment of digital therapeutics and diagnostics. Digital Therapeutics Market
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Impact of Applying Law of Small Numbers to the Telehealth Industry & Why Its Unsustainable
Driven by headlines and incomplete, misleading data that favor a telehealth narrative, health systems and healthcare investors must start asking "who" is actually supporting waning demand. The healthcare industry is no stranger to the 80/20 rule. The principle says 80% of an effect is driven by 20% of a cause, and in healthcare, it usually refers to there being a specific cohort of the population (e.g., the chronically ill) driving the majority of care utilization and costs. More recently,
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Executive Roundtable: Can Innovation Alleviate Clinician Burnout?
The U.S. Surgeon General’s recent advisory about clinician burnout cited numerous societal, cultural, structural, and organizational causes—including excessive workloads, administrative burden, and lack of organizational support. The potential fallout of this trajectory is alarming: The advisory cites the Association of American Medical Colleges’ estimate on clinician demand outpacing supply, with an anticipated shortage of between
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Blue Cross NC Expands Mental Health for Children, Underserved Areas Through Collaboration with Headway
What You Should Know: - In its latest effort to address critical mental health needs in North Carolina, Blue Cross and Blue Shield of North Carolina (Blue Cross NC) today announced it is expanding its network of behavioral health providers through a collaboration with Headway, a mental healthcare company that works with insurers to deliver high-value mental healthcare. - Together the two companies will make it easier for Blue Cross NC members to quickly access – as soon as 48 hours –
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COVID-19: Addressing the Urgent Mental Health Needs of Frontline Workers
It is no secret that one by-product of the ongoing pandemic is an exacerbation of the country’s mental health crisis. According to research from Johns Hopkins, one in four Americans experience a mental health disorder in a typical year. Yet among adults in the U.S. rates of depression have steadily climbed from 8.5% before the pandemic to an alarming 32.8% in October of 2021, according to research published in The Lancet Regional Health—Americas. While it is vital that health systems rush
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Northwell Invests $10M in Brightline for Virtual Pediatric Behavioral Healthcare
What You Should Know: - Brightline, the category leader in virtual behavioral healthcare for children, adolescents, and families, announced a $10M investment by Northwell Health, New York's largest healthcare provider, bringing its total Series C funding to $115M. - This strategic investment and partnership will create greater access to innovative pediatric mental health services across the New York Metro area at a critical time for families. The Only National One-Stop-Shop
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Indegene Partners with Amwell to Customized Digital Patient Engagement
What You Should Know: - Indegene, a technology-led healthcare solutions provider, today announced a partnership with Amwell to facilitate life sciences organizations to connect patients to better quality care and drive better health outcomes. - This partnership will facilitate Indegene to enable life sciences organizations to drive virtual care automation and patient companionship to advance longitudinal care, behavioral health, and other specialty and chronic care segments. It will help
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AI for Behavioral Health Gets Boost With Ontrak-Eleos Partnership
What You Should Know: - Eleos Health, a behavioral health tech company and Ontrak Health (NASDAQ: OTRK), a healthcare company are teaming up to integrate their respective AI platforms to support behavioral health care for Ontrak’s members.- Ontrak specializes in serving the most vulnerable members of the behavioral health population who would otherwise fall through the cracks of the healthcare system. Eleos integration equips Ontrak’s behavioral health providers with greater insights into
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