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Behavioral Health | News, Analysis, Insights - HIT Consultant

Mental Health Awareness is Everywhere. Why Shouldn’t Virtual Care Be Standard?

by Geoffrey Boyce, CEO of Array Behavioral Care  05/05/2022 Leave a Comment

Mental Health Awareness is Everywhere. Why Shouldn’t Virtual Care Be Standard?

May is Mental Health Awareness Month, which for years has been a platform to increase understanding about mental illness and advocate for better mental health care. Now more than ever, you don’t have to look too hard to see that mental health is a daily fixture in the national conversation. Unfortunately, mental health issues have become far too common for people of all ages and in all walks of life. An Influx of Demand from Pediatrics to Geriatrics We know that children are in dire
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Magellan Federal Launches Population Health Platform for Military Families

by Strategic Partnerships 05/04/2022 Leave a Comment

magellanhealth

What You Should Know: - Magellan Federal, which serves 300 U.S. military bases, has partnered with NeuroFlow to support United States military families with personalized, digital behavioral health and well-being support. - The platform will give hundreds of thousands of service members the ability to track their mood, report on the highs and lows of military life, and engage with counselors if needed. NeuroFlow’s Population Health Platform for Military Families The 18-month-long
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Why a Focus on Behavioral Health is Key to Improving Quality Measures

by Tom Zaubler, MD, Chief Medical Officer of NeuroFlow 04/20/2022 Leave a Comment

Why a Focus on Behavioral Health is Key to Improving Quality Measures

Since the passage of the Medicare Improvements for Patients & Providers Act in 2008, the U.S. healthcare system has been moving towards value-based care (VBC) which encourages health providers to improve care quality by reimbursing them based on successful outcomes rather than individual medical services. The overarching goal of VBC is to improve the patient experience, improve population health, and reduce per capita health costs. As part of this VBC model, hospitals and health systems
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Nudj Health Raises $10M for Tech-Enabled Health Service

by Jasmine Pennic 04/13/2022 Leave a Comment

Nudj Health Raises $10M for Tech-Enabled Health Service

What You Should Know: - Nudj Health, a tech-enabled health service that delivers telehealth lifestyle interventions to patients using the collaborative care model raises $10M in Series A funding led by Nebraska Medicine, Teal Ventures, Cohn Family Trust & Health Innovation Pitch.  - Founded in 2021 in Pasadena, Nudj Health delivers integrated, whole-person, and continuous care for patients with chronic disease. Based on AHA/ACC
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Forge Health Secures $11M for Value-Based Behavioral Health Model

by Digital Health Funding 04/07/2022 Leave a Comment

Forge Health Secures $11M to Expand Value-Based Behavioral Health Model

What You Should Know: – Forge Health, a White Plains, NY-based behavioral healthcare provider with a proven, national-payer-validated ability to drive clinical outcomes that span all areas of health, today announced an $11M growth funding round led by HC9 Ventures. - Innovative behavioral health company works with payers and health systems to enable value-based care for mental health and substance use populations. Transforming Addiction and Mental Health Treatment Founded in 2016,
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Q1 2022 Digital Health Funding Reaches $6B Across 183 Deals

by Fred Pennic 04/05/2022 Leave a Comment

Q1 2022 Digital Health Funding Reaches $6B, Rock Health Reports

What You Should Know: - Rock Health report reveals Q1 2022 digital health funding closed with $6.0B across 183 deals, and an average deal size of $32.8M. - Q1 2022 digital health funding was significantly behind Q4 2021’s $7.3B and the trailing twelve month quarterly average of $7.1B. Digital health funding reached a total of $6B in Q1 2022 across 183 deals, and an average deal size of $32.8M, according to Rock Health, a full-service venture fund
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Eleos Closes $20M to Unlock CareOps Automation for Behavioral Health

by Jasmine Pennic 04/05/2022 Leave a Comment

Eleos Closes $20M to Unlock CareOps Automation for Behavioral Health

What You Should Know: - Eleos Health has announced a $20 million Series A round, co-led by F-Prime Capital and Eight Roads Ventures, bringing their total raise to $28 million.  - Eleos Health is a behavioral health application for voice AI, operating ambiently in the background of mental health clinician-patient conversations. It’s in production use with 20+ care providers and health plans, with a goal of unlocking up to 30% more mental health care provider capacity as the U.S.
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UHG’s Optum Acquires Home Health Business LHC Group for $5.4B

by Healthcare M&A Activity 03/30/2022 Leave a Comment

UHG's Optum Acquires Home Health Business LHC Group for $5.4B

What You Should Know: - UnitedHealth Group subsidiary Optum has agreed to acquire LHC Group, a national patient-focused provider of high-quality in-home health care services for $5.4 billion ($170 per share).       - The acquisition will further strengthen their shared ability to advance value-based care, especially in the comfort of a patient’s own home. Extend Value-Based Care into Patients’ Homes The combination of LHC Group with Optum Health, which works
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Brightside Health Raises $50M for Personalized Anxiety & Depression Care

by Jasmine Pennic 03/29/2022 Leave a Comment

Brightside Health Raises $50M for Personalized Anxiety & Depression Care

What You Should Know: - Today, Brightside Health announced it raised a $50M Series B, led by ACME Capital and Mousse Partners, bringing its total funding to $75M to date. - The funding will help Brightside expand access to high-quality mental healthcare to more people across the country, enhance the platform, forge new partnerships, and grow as a team, from about 57 now to an expected 175 later this year.  Brightside Health, a telemedicine platform that offers fast access to
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UK Startup Oliva Raises $6.3M for Workplace Mental Health Platform

by Digital Health Venture Capital 03/24/2022 Leave a Comment

UK Startup Oliva Raises $6.3M for Workplace Mental Health Platform

What You Should Know: - Oliva, a London-based workplace mental health platform announced it has raised $6.3M (£4.84M) in seed funding led by Stride VC, a seed-stage VC firm based in London, along with additional investment provided by Moonfire. - The seed raise marks the largest seed funding for a mental health startup in Europe. Help with Life’s Problems, Work-Related or Not In the UK, poor mental health costs employers
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