What You Should Know:
- Lyra Health, a Burlingame, CA-based provider of comprehensive mental health care benefits for global employers, today announced the first technology-integrated care solutions designed to address serious mental health issues such as alcohol use disorder (AUD), suicidality, and other complex mental health diagnoses.
- Traditional employee assistance programs and health plans too often don’t effectively support people with serious mental illnesses and substance use
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Behavioral Health | News, Analysis, Insights - HIT Consultant
Ellipsis Health Secures $26M to Power AI-Powered Voice Biomarker for Mental Health
What You Should Know:
- Ellipsis Health, a San Francisco-based pioneer of the first voice vital sign to quantify and manage depression and anxiety at scale has raised $26M in Series A funding led by SJF Ventures with participation from several investors. The Series A investment round brings Ellipsis Health’s total funding to $31 million.
- Founded in 2017, Ellipsis Health has pioneered an artificial intelligence-powered, speech-based vital sign to quantify and manage depression and anxiety
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Ginger and Headspace Merge to Form Headspace Health to Support Mental Health
What You Should Know:
-Headspace, a global leader in mindfulness and meditation, and Ginger, a leader in on-demand mental healthcare, today announced they have entered into a definitive agreement to merge.
- The combined entity, Headspace Health, will provide the full spectrum of proven, effective virtual support - from mindfulness and meditation to text-based behavioral health coaching, to video-based therapy and psychiatry - for all types of patient populations (consumers, employees,
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K Health Acquires Mental Health App Trusst for On-Demand Text-Based Therapy
What You Should Know:
- KHealth, a data-driven virtual primary care platform providing affordable, personalized healthcare to millions of adults and children, today announced its acquisition of Trusst, the mental health app connecting people and providers for on-demand text-based therapy. Financial terms of deal were not disclosed.
- Trusst has built a proprietary, simulated way for users to have virtual conversations with national experts on topics ranging from shyness to trauma. The
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Connections Health Solutions Secures $30M to Expand Behavioral Health Crisis Services Model
What You Should Know:
- Connections Health Solutions, a Phoenix, AZ-based provider of immediate-access behavioral health crisis stabilization, has raised $30 million in a growth financing led by Heritage Group, a leading healthcare-focused private equity firm.
- The partnership will fuel national expansion of Connections Health Solutions’ leading behavioral health crisis services model.
Rising Demand for Behavioral Health Services
Demand for behavioral health services is on
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U.S. Naval Academy Awards NeuroFlow New Contract to Support Wellness and Resiliency of USNA Midshipmen
What You Should Know:
- NeuroFlow, a technology and services provider for behavioral health integration, has been contracted by the U.S. Naval Academy to support Midshipmen wellness during their 47-month journey to commission as naval officers.
- The new offering gives Midshipmen access to a secure mobile application designed to enhance resiliency and, when necessary, support a pathway to care. NeuroFlow’s platform confidentially captures health data to enable the system to provide
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SonderMind Raises $150M to Expand Tech-Enabled Behavioral Health Platform
What You Should Know:
- SonderMind Inc., a Denver, CO-based provider in improving mental health clinical outcomes and making behavioral health more accessible to all Americans, today announced it has raised $150M in Series C financing co-led by new investors Drive Capital and Premji Invest, with participation from General Catalyst, Partners Group, Smash Ventures, Kickstart, and F-Prime Capital.
- For mental health providers, SonderMind enables clinicians to
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Talkiatry Lands $20M to Expand In-Network Psychiatric Care
What You Should Know:
- Talkiatry, a leading provider of in-network psychiatric care today announced it raised $20 million as completion of its Series A funding. The round includes an additional $15 million, led by Left Lane Capital with further participation from Dr. Richard Park, founder and former CEO of CityMD. In February 2021, Talkiatry kicked off its Series A round after raising $5 million led by Sikwoo Capital Partners with participation from Relevance Ventures and Dr. Park.
- The
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A Pandemic Paves the Way for Improved Mental Healthcare Access
The pandemic left us floundering in many ways — our healthcare infrastructure was not prepared to handle a fast-moving, contagious virus that made it unsafe for in-person visits with a mental health provider, not to mention a virus that would keep the vast majority of Americans stuck in their homes for close to a year. Financial pressure, jobs lost, lives lost, social isolation, homeschooling, the fear of contracting the virus whose effects were largely unknown, especially for those already
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Hims & Hers Rolls Out 1:1 Teletherapy Offering for $99
What You Should Know:
- Hims & Hers, today announced the launch of individual, video-based teletherapy support at $99 per session. With mental health needs ballooning nationwide - and many not able to access care even with insurance or through their employer
- Hims and Hers' offering provides a critical safety net for many -- beyond just its 391,000 current subscribers. The therapy sessions are based on a number of evidenced-based principles
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