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Behavioral Health | News, Analysis, Insights - HIT Consultant

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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Grow Therapy Partners with Aetna to Take its Mental Health Care Services Nationwide

by Jasmine Pennic 03/17/2022 Leave a Comment

Grow Therapy Partners with Aetna to Take its Mental Health Care Services Nationwide

What You Should Know: - Today Grow Therapy, a leader in helping create life-changing therapeutic connections between therapists and clients, today announced that its mental health care services are now available as an in-network benefit to all members of Aetna, CVS Health company.  - Bringing Grow Therapy’s multi-thousand therapy and psychiatry provider group in-network with Aetna means it can now
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HIMSS22 Day 2 Roundup: Google Partners with MEDITECH, Microsoft’s Health Cloud Strategy Expansions

by Fred Pennic 03/15/2022 Leave a Comment

HIMSS22 Day 2 Roundup: Google Partners with MEDITECH, Microsoft’s Health Cloud Strategy Expansions,

Mergers & Acquisitions (M&A) Activity OptimizeRx Acquires EvinceMed, a Specialty Drug Prescription Initiation Platform OptimizeRx, a provider of point-of-care technology solutions helping patients start and stay on therapy announced a definitive agreement to acquire the EvinceMed platform and related assets. EvinceMed is a provider in delivering end-to-end automation for specialty pharmaceutical transactions. The acquisition includes the full Market Access Management Platform
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Woebot Health Secures $9.5M for Behavioral Health Platform

by Fred Pennic 03/15/2022 Leave a Comment

Woebot Health

What You Should Know: - Woebot Health announced that Leaps by Bayer, the impact investment arm of Bayer AG, has made a $9.5 million strategic investment in the company to help accelerate further development of its AI-powered behavioral health platform and products. - Woebot Health’s behavioral health platform combines sophisticated AI, decades of clinically-proven therapeutic research and an engaging relational agent called Woebot, which together form the
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