What You Should Know:
- DarioHealth Corp., a pioneer in the global digital therapeutics market, today announced it has entered into an agreement to acquire PsyInnovations, Inc. (dba wayForward), a behavioral health digital platform that includes AI-enabled screening to triage and navigate members to specific interventions, digital Cognitive Behavioral Therapy (CBT), self-directed care, expert coaching and access to in-person and telehealth provider visits.
- The wayForward platform
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Behavioral Health | News, Analysis, Insights - HIT Consultant
Eleanor Health Secures $20M for Value-Based Addiction and Mental Health Treatment
What You Should Know:
- Eleanor Health, a Waltham, MA-based outpatient addiction and mental health provider delivering convenient and comprehensive care through a population and value-based payment structure, today announced it has closed an oversubscribed $20M Series B financing. The round included participation from all existing investors including Town Hall Ventures, Echo Health Ventures, and Mosaic Health Solutions, as well as new participation from Warburg Pincus.
- Committed to
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Frontline Workers Need New Approaches to Treat COVID-19-Related Mental Health Issues
We’ve long known that the coronavirus pandemic would dramatically impact the mental health of health care professionals and the general population. But just how many of us have been impacted is stunning.
Fully 41% of Americans reported at least one adverse mental or behavioral health condition associated with Covid-19, according to the Centers for Disease Control and Prevention. Essential workers had the highest reported rates of adverse mental health outcomes compared to all other
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Teladoc Health Launches Unified Mental Healthcare Experience
What You Should Know:
- Teladoc Health announces the launch of myStrength Complete, an integrated mental health service providing personalized, targeted care to consumers in a single, comprehensive experience. myStrength Complete’s proprietary stepped care model is designed to seamlessly combine app-based tools and coaching expertise with Teladoc’s therapists and psychiatrists to ensure that consumers get the level of mental health support and care they need, when they need it.
-
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Mental Health App Forms Bond with Users, Marking Key Evolution in Digital Therapeutics
What You Should Know:
- Digital therapeutics company Woebot Health announced its findings to an unprecedented and large-scale industry study that sought to understand whether users of its cognitive-behavioral therapy (CBT)-based conversational agent, Woebot, formed therapeutic alliances (or bonds) with the agent compared to traditional face-to-face therapy and other digital interventions that do not deploy a conversational agent.
- According to the study, the bond that Woebot formed with
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Groups Recover Together Nabs $60M for Value-Based Care Platform for Opioid Addiction Treatment
What You Should Know:
- Groups Recover Together (Groups), a national leader in value-based care for opioid addiction treatment, today announced it has raised $60 million in Series C financing. Oak HC/FT led the round, joining existing investors Bessemer Venture Partners, Transformation Capital, RRE Ventures, Optum Ventures and Kaiser Permanente Ventures.
- The latest financing will support the expansion of Groups’ treatment model from locations in 12 states to at least 17 states by the end
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Doctor On Demand Launches Chat-Based Coaching for Subclinical Behavioral Health Needs
What You Should Know:
- Doctor On Demand announced Coaching as their newest behavioral health tool. This chat-based coaching solution is specifically designed for subclinical behavioral health needs and existing Doctor On Demand client ArcBest is the first to offer it to their employees.
- With the addition of coaching, ArcBest employees now have a solution designed specifically to build coping skills and resilience to deal with everyday stressors that’s available 24/7. Coaching offers a
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Cigna Becomes First Plan to Reimburse for Behavioral Health Coaching Via Ginger
What You Should Know:
- Cigna just announced that they’re the first national plan to reimburse for behavioral health coaching, a new covered benefit available now to 14M members through Ginger. Essentially, Cigna customers with employer-sponsored or individual and family (IFP) insurance plans (14M of their 16M members) can access Ginger’s behavioral health coaching, therapy, and psychiatry services as an in-network benefit.
- During the pandemic, Cigna saw a significant
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How the Pandemic is Accelerating the Shift to Alternative Care Delivery Models
The COVID-19 pandemic has transformed how we interact with one another, with businesses, and with the world around us. From social distancing to hand sanitation to remote working, its impact on society is immense. And among the various industries that are experiencing significant change as a result of the pandemic, healthcare tops the list. Supply chain disruptions, crowded ICUs and exhausted medical staff has taken a toll on hospitals and clinics — and they’ve had to pivot rapidly to new
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Unite Us Nabs $150M, Reaching $1.6B Valuation to Address Social Determinants of Health
What You Should Know:
- Unite Us, the tech company creating coordinated care networks nationwide, has just announced a $150M Series C round of funding led by ICONIQ Capital, bringing its valuation at $1.65 billion.
- Unite Us is leading the care transformation movement towards whole-person health with its core product, Unite Us Platform, an outcome-focused coordination software sconnecting community-based organizations with health care providers, health plans,
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