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Behavioral Health | News, Analysis, Insights - HIT Consultant

K Health Acquires Mental Health App Trusst for On-Demand Text-Based Therapy

by Jasmine Pennic 08/24/2021 Leave a Comment

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

by Fred Pennic 08/04/2021 Leave a Comment

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

by Jasmine Pennic 08/03/2021 Leave a Comment

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

by Fred Pennic 07/28/2021 Leave a Comment

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

by Jasmine Pennic 07/28/2021 Leave a Comment

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

by John Bou, co-founder and COO of Modio Health 07/28/2021 Leave a Comment

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

by Jasmine Pennic 07/01/2021 Leave a Comment

Hims & Hers Rolls Out 1:1 Teletherapy Offering

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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SUD: Can Digital Health Solutions Remove Stigmas Around Addiction?

by Nicholas Mercadante, CEO & Co-Founder PursueCare 06/29/2021 Leave a Comment

We can safely take for granted that a doctor treating your back pain isn’t going to determine the course of care based on whether she thinks you’ll fully commit to getting better. She isn’t likely to start treatment with a contract stating that the only way to stay in treatment is to commit to doing everything she requires and reaching total recovery. She isn’t going to set arbitrary parameters for how fast you should recover. It’s also safe to assume that your quest to get care for back pain
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TRIPP Secures $11M to Expand Digital Psychedelic Wellness Platform for Mental Health

by Fred Pennic 06/25/2021 Leave a Comment

TRIPP Secures $11M to Expand Digital Psychedelic Wellness Platform for Mental Health

What You Should Know: - TRIPP, a Los Angeles-based digital psychedelic platform, announced it has raised $11M in funding led by Vine Ventures, and Mayfield with equal participation from Integrated. TRIPP’s Series A also includes particpation from AlphaBridge Ventures, Beni VC,  Berkeley Club, CJ Group, CTR Capital, Evolution, Robert Goldberg, Tony Greenberg, Grit VC, Incisive Ventures, Inflect Health, Iter Investments, Joanna Popper, Jim Dew, Joe Polish, JLS Fund, Lionheart Ventures,
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Bicycle Health Raises $27M for Virtual, Evidence-Based Opioid Use Disorder Treatment

by Fred Pennic 06/22/2021 Leave a Comment

Bicycle Health Raises $27M for Virtual, Evidence-Based Opioid Use Disorder Treatment

What You Should Know: - Bicycle Health, a Boston, MA-based virtual care provider of evidence-based treatment for opioid use disorder, today announced a $27 Million Series A investment led by Questa Capital with participation from City Light Capital, Emily Melton and previous investor SignalFire. -  In addition, Bicycle Health is announcing national in-network insurance coverage from UnitedHealthcare, Aetna, Medicare and Medicaid in select states, helping to make
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