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Behavioral Health | News, Analysis, Insights - HIT Consultant

Lyra Health Reaches $1.1B Valuation After $110M Series D to Meet Demand for Teletherapy

by Fred Pennic 08/25/2020 Leave a Comment

Lyra Health Reaches $1.1B Valuation After $110M Series D to Meet Demand for Teletherapy

What You Should Know: - Mental health benefits provider Lyra Health raises $110M in Series D funding, bringing its valuation to $1.1 billion. - Lyra has grown significantly in 2020. So far this year, the company has added more than 800,000 new members to the population eligible to receive Lyra benefits, bringing its total member population to more than 1.5 million.  - Amid, the COVID-19 pandemic, Lyra is focused on expanding its enhanced teletherapy offering — Lyra Blended Care —
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Led by Mount Sinai, Trellus Health Nabs $5M for Precision Platform for Complex Chronic Conditions

by Fred Pennic 08/21/2020 Leave a Comment

Led by Mount Sinai, Trellus Health Nabs $5M for Precision Platform for Complex Chronic Conditions

What You Should Know: - Trellus Health secures $5M in seed funding and collaborates with Mount Sinai to deliver resilience-driven, connected care, integrating expert clinical and behavioral health for better outcomes. - The first disease Trellus will tackle is IBD, which is one of the costliest chronic conditions with a high mental health burden. Trellus Health, a New York City-based provider of resilience-driven care for people with complex chronic conditions, announced it has
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Brightline Raises $20M for Virtual Pediatric Behavioral Health Platform

by Fred Pennic 08/20/2020 Leave a Comment

Brightline Raises $20M for Virtual Pediatric Behavioral Health Platform

What You Should Know: - Brightline raises $20 million to bring its virtual behavioral healthcare platform to kids and families across California and beyond. - Brightline delivers integrated care through innovative technology, virtual behavioral health services, and a collaborative care team focused on supporting children across developmental stages and their families. Brightline, a Palo Alto, CA-based provider of technology-enabled pediatric behavioral healthcare, announced it has
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Genesis Health Taps Bright.md to Power New Telehealth Offering

by Jasmine Pennic 08/19/2020 Leave a Comment

What You Should Know: - Genesis Health System has signed a partnership agreement with Bright.md to offer patients in the Quad Cities of Iowa and Illinois access to its Bright.md’s SmartExam solution. - The new virtual care offering offers an affordable way to get care for hundreds of low-acuity conditions, mental health, urinary tract infections, and upper respiratory infections including the flu and COVID-19.  Genesis Health System, today announced it has selected Bright.md’s
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Eden Health Lands $25M to Bring On-Site and Virtual Care To Employers, Commercial Real-Estate

by Jasmine Pennic 08/12/2020 Leave a Comment

Eden Health Lands $25M to Bring On-Site and Virtual Care To Employers, Commercial Real-Estate

What You Should Know: - Eden Health raises $25M to give employers and commercial real estate owners and operators the ability to offer medical care on-site, near-site, and virtually. - Eden’s membership model makes high-quality healthcare an affordable benefit for the average employer, with low to no out-of-pocket costs for their employees. - Since the first signs of the US coronavirus outbreak in early February, Eden Health has worked with Boylan Bottling, Connell, Convene,
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Ginger Lands $50M to Expand On-Demand Mental Health Support Platform

by Fred Pennic 08/06/2020 Leave a Comment

Ginger Lands $50M to Expand On-Demand Mental Health Support Platform

What You Should Know: - Ginger announces $50 Million in Series D funding to expand access to its on-demand mental healthcare system led by Advance Venture Partners and Bessemer Venture Partners; joined by Cigna Ventures and existing investors. - Company has more than tripled revenue over the past year, now brings access to on-demand mental healthcare to millions around the world through 200+ employer clients and leading health plans. Ginger, a San Francisco, CA-based provider of
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Cerner Invests in Xealth to Jointly Develop Digital Health Solutions for Clinicians

by Fred Pennic 08/06/2020 Leave a Comment

Digital Prescribing Platform Xealth Raises $11M to Expand Digital Health Tools

What You Should Know: - Cerner and Xealth announce a collaboration to foster tighter physician-patient relationships by giving patients easier access to digital health tools. - These assets will be prescribed directly within the physician’s EHR workflow to manage conditions including chronic diseases, behavioral health, maternity care, and surgery preparation. - Cerner and LRVHealth have together invested $6 million in Xealth as part of this agreement, with Cerner and Xealth planning
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Redox Adds Access to More Than 500k Carequality-Enabled Physicians

by Fred Pennic 07/27/2020 Leave a Comment

Carequality Releases Implementation Guide for Electronic Case Reporting

What You Should Know: - As a Carequality Implementer, Redox has added access to more than 500,000 Carequality-enabled physicians to its already extensive network. - Redox members can use the same patient search query to search all the participants in the Carequality framework as they would if they used a direct patient search API provided by an electronic health record (EHR) vendor. Redox Inc., the leading interoperability platform for healthcare data exchange, today announced that
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Virtual Behavioral Health Could Reduce Costs, Improve Patient Outcomes, Report Finds

by Fred Pennic 07/24/2020 Leave a Comment

Virtual Behavioral Health Could Reduce Costs, Improve Patient Outcomes, Report Finds

What You Should Know: - A new Accenture report called “Breakthrough Behavioral Health Access: Think Virtual” finds that the use of virtual behavioral health could expand care for more than 53 million Americans facing these conditions. - Demand for behavioral health specialists significantly outweighs current availability; in addition to severe wait times of 25 days for first clinical appointments, we are projected to have a shortage of 250,000 behavioral health and mental health
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Provider Pilot Uses Video Games as Therapy for Children with Autism

by Jasmine Pennic 07/22/2020 Leave a Comment

Provider Pilot Uses Video Games as Therapy for Children with Autism

What You Should Know: - Magellan Health launches a pilot program for a group of providers that will begin using video games as therapy for children with autism and other behavioral health conditions.  - As part of the pilot program, patients will be given access to the video platform developed by Mightier, a digital health company born out of Boston Children’s' Hospital and Harvard.  - The games include a wearable heart rate monitor & tablet loaded with 25 different
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