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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Behavioral Health | News, Analysis, Insights - HIT Consultant
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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Brightline Secures $72M to Expand Pediatric Behavioral Health Solution Nationally
What You Should Know:
- Brightline, a virtual pediatric behavioral health solution announces, today announced it has raised $72M in Series B funding led by GV (formerly Google Ventures), with participation from new investors Optum Ventures, 7wireVentures, and Gaingels, the leading venture investment syndicate in support of diversity and representing the LGBTQ community and allies. Debra Lee, Chairman and CEO Emeritus, BET Networks, also contributed to the round as an independent
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MAP Health Management Acquires Behavioral Health Provider CARMAhealth – M&A
What You Should Know:
- MAP Health Management, LLC., a provider of virtual peer support services announced the acquisition of CARMAhealth (CARMA), a primary care and behavioral health management service organization to expand its capabilities to virtual and in-person primary medical and behavioral healthcare.
- The acquisition will enable MAP to leverage its peer-led support capabilities to facilitate an integrated continuum of medical services that include primary medicine,
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Lyra Health Completes $200M at $4.6B Valuation for Digital Mental Health Platform
What You Should Know:
- Lyra Health, a provider of comprehensive mental health care benefits for employers, today announced it has completed a $200M financing led by Coatue and joined by new investor Sands Capital, along with existing investors.
- Lyra plans to accelerate its delivery of evidence-based mental health benefits for companies with employees located around the world.
Smarter Mental Health Benefits, Better Outcomes
Accessing and receiving mental healthcare is
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Report: State of Black Mental Health Before and After George Floyd’s Death
What You Should Know:
- Hurdle, a Washington D.C.-based digital mental health company, announced the publication of a white paper on Black mental health before and after George Floyd's death.
- Co-authored by leading mental health researchers Dr. Harold "Woody" Neighbors, Professor Emeritus, University of Michigan School of Public Health, and Dr. Norma L. Day-Vines, Associate Dean for Diversity and Faculty Development in the School of Education at Johns Hopkins
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Amazon Offers Mental Health Benefits for US Employees & Their Families
What You Should Know:
- Amazon today launched a new mental health benefit, Resources for Living, that provides every U.S. employee, their family, and their household with a single place to start for personalized, convenient, and confidential support for mental health and daily life assistance. These services are available 24 hours a day, seven days a week, and include access to free counseling sessions in-person or through the phone, video, or text.
- This system-wide benefit, called
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DarioHealth Acquires Digital Behavioral Health Platform wayForward for $30M
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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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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