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Behavioral Health | News, Analysis, Insights - HIT Consultant

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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Brightline Secures $72M to Expand Pediatric Behavioral Health Solution Nationally

by Fred Pennic 06/16/2021 Leave a Comment

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

by Fred Pennic 06/16/2021 Leave a Comment

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

by Fred Pennic 06/14/2021 Leave a Comment

Lyra Raises Massive $187M at $2.3B 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

by Fred Pennic 05/27/2021 Leave a Comment

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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