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Behavioral Health | News, Analysis, Insights - HIT Consultant

JPMorgan Chase Launches 3 Advanced Primary Care Centers 

by Jasmine Pennic 10/24/2022 Leave a Comment

JPMorgan Chase Launches 3 Advanced Primary Care Centers

What You Should Know: - Vera Whole Health announced a collaboration with Central Ohio Primary Care (COPC) and JPMorgan Chase & Co. to launch three new on-site advanced primary care centers across the company’s Columbus offices. - These new centers provide a full suite of comprehensive in-person and virtual health and wellness services for more than 20,000 JPMorgan Chase employees. Vera and COPC will provide the same advanced primary care services at two near-site care centers to
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Payers Must Increasingly See The Consumer As The Customer

by Seth Cohen, President at Cedar 10/21/2022 Leave a Comment

Payers Must Increasingly See The Consumer As The Customer

Last year, the average annual premium for employer-sponsored family health coverage rose 4% to $22,221—including employer and worker contributions—according to the Kaiser Family Foundation. While employers are most often the ones selecting the health plan options and insurance for employees, the worker is the one who is left to navigate the healthcare continuum (including their true cost of care). In a recent study,  96% of patients indicated that the quality of their financial experience
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NeuroFlow Secures $25M for Behavioral Health Integration Platform

by Syed Hamza Sohail 10/13/2022 Leave a Comment

NeuroFlow Secures $25M for Behavioral Health Integration Platform

What You Should Know: - NeuroFlow, the market leader in behavioral health integration technology, has secured $25 million in growth capital, led by SEMCAP Health.  - With SEMCAP Health as a new strategic partner and investor, the company will continue to expand its groundbreaking referral network and deepen its relationships with payors and providers, determined to identify and triage individuals with behavioral health needs across the spectrum of care Accelerating
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FOLX Health Raises $30M, Launches Expert-Led Support Groups for LGBTQIA+ Community

by Syed Hamza Sohail 10/12/2022 Leave a Comment

FOLX Health Raises $30M, Launches Expert-Led Support Groups for LGBTQIA+ Community

What You Should Know: - FOLX Health, the first digital healthcare service provider designed by and for the medical needs of the LGBTQIA+ community, today announced $30M in new financing led by 7wireVentures, with participation from new investor Foresite Capital and existing investors, including Bessemer Venture Partners, Define Ventures, and Polaris Partners. - Lee Shapiro, Managing Partner of 7wireVentures and former Chief Financial Officer of Livongo Health, will join FOLX Health’s Board
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Aetna Taps Emcara Health to Deliver Home-Based Primary Care to 240k Medicaid Patients

by Jasmine Pennic 10/06/2022 Leave a Comment

Aetna Taps Emcara Health to Deliver Home-Based Primary Care to 240k Medicaid Patients

What You Should Know: - Emcara Health and Aetna Better Health, which announced that the two companies will be partnering to deliver primary care in the home to more than 240,000 Medicaid patients in the Miami/Dade and Tampa, Florida regions.  - The relationship extends Emcara Heath’s comprehensive primary care model – which includes behavioral health and social determinants of health assessments – to adult Aetna Medicaid members. Partnership
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Grow Therapy Raises $75M to Expand Insurance Coverage for Mental Healthcare Nationwide

by Fred Pennic 09/29/2022 Leave a Comment

Grow Therapy Raises $75M to Expand Insurance Coverage for Mental Healthcare Nationwide

What You Should Know: - Behavioral health company, Grow Therapy secures $75 million in series B funding to expand insurance coverage including Medicare and Medicaid in all 50 states. - This round of funding was led by TCV, co-led by Transformation Capital, with support from existing backers SignalFire and SVB. Medicare/Medicaid Coverage Expansion Specifically, the areas that the company will focus on are: expanding commercial insurance and Medicare and Medicaid coverage (which are
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Rippl Launches with $35M to Transform Mental Health for Seniors

by Fred Pennic 09/28/2022 Leave a Comment

Rippl Launches with $35M to Transform Mental Healthcare for Seniors

What You Should Know: - Rippl, a new mental health startup focused on caring for seniors with dementia and other neurocognitive conditions, launched today with $32M in seed round funding led by ARCH Venture Partners and General Catalyst. The round also includes investment from GV, F-Prime Capital, and Mass General Brigham Ventures. - Rippl will use its seed funding to hire and train a team of clinicians, build technology, and open a Washington state-based clinical support center to launch
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BrightInsight Adds Xealth, Woebot Health and Claritas Rx to the BrightInsight Ecosystem

by Syed Hamza Sohail 09/28/2022 Leave a Comment

BrightInsight Adds Xealth, Woebot Health and Claritas Rx to the BrightInsight Ecosystem

- BrightInsight, Inc., a global platform for biopharma and medtech regulated digital health solutions, recently announced the expansion of its recently launched BrightInsight Ecosystem, a network of the world’s leading healthcare and technology companies collaborating to solve healthcare’s biggest challenges to drive digital innovation, adoption and engagement. - In addition, BrightInsight is proud to be a part of General Catalyst’s Health Assurance network—comprised of healthcare technology
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Bicycle Health Nabs $5M to Scale Its Virtual Opioid Use  Disorder Treatment

by Fred Pennic 09/22/2022 Leave a Comment

Bicycle Health Secures $50M for Virtual Opioid Use Disorder Treatment

What You Should Know: - Bicycle Health, a Boston, MA-based provider of virtual opioid addiction treatment secures $5M from Cobalt Ventures to further accelerate the expansion of its telehealth opioid use disorder (OUD) treatment. - The additional capital extends Bicycle Health’s Series B venture capital financing, bringing the company’s total funding to date to $83M. Evidence-based, online suboxone treatment for opioid addiction Founded in 2017, Bicycle
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Cityblock Health & MDwise Brings VBC to 10K Medicaid Members in IN

by Jasmine Pennic 09/22/2022 Leave a Comment

What You Should Know: - MDwise and Cityblock Health, the first tech-driven healthcare provider for communities with complex health and social needs announced that they will be collaborating to provide high-quality, comprehensive care to 10,000 Medicaid members at launch in select Indiana communities, including Indianapolis.  - As part of this strategic collaboration, Cityblock will open comprehensive care clinics to provide care services for these individuals, addressing physical
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