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Behavioral Health | News, Analysis, Insights - HIT Consultant

Bright.md Raises $8M to Expand AI-Powered, Asynchronous Virtual Care

by Fred Pennic 03/27/2020 Leave a Comment

Bright.md Raises $8M to Expand AI-Powered, Asynchronous Virtual Care

What You Should Know: Bright.md announced the close of an $8 million series C to deliver critical capacity to support patient care in the midst of a COVID-19 pandemic and to help flatten the curve. The funding will be used for a massive expansion effort to bring non-video telehealth to aid frontline healthcare workers and the patients they are treating.  Over six years, Bright.md has stretched $12.5 million to advance its AI-powered automation platform for primary and urgent
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Powered by Lyra Health, Starbucks Offers U.S. Employees Access to Mental Health Therapist/Coach

by Fred Pennic 03/16/2020 Leave a Comment

What You Need to Know: - Starbucks partners with Lyra Health to offer all U.S. partners and eligible family members with a mental health therapist or coach. - Through Lyra Health’s platform, all U.S. partners (employees) and eligible family members will receive 20 mental health sessions with a therapist or coach each year at no cost. - Offering a new mental health care resource is part of Starbuck's larger mental health initiative announced in September, created based on partner
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FHIR-Based APIs Health Gorilla Becomes Largest CommonWell Connector

by Fred Pennic 03/05/2020 Leave a Comment

FHIR-based APIs Health Gorilla Becomes Largest CommonWell Connector

What You Need to Know: - FHIR-based API Provider Health Gorilla is now the largest CommonWell Connector by connecting more than 15k participating provider sites within the CommonWell nationwide network. - Health Gorilla was the first CommonWell member to join the CommonWell Connector program, and subsequently, had the first client live via a CommonWell Connector connection Health Gorilla, a provider of FHIR-based APIs, today announced that it has successfully connected more than a
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Ginger Acquires Technology Assets of Mental Health App LiveBetter

by Fred Pennic 03/04/2020 Leave a Comment

Ginger Acquires Technology Assets of Mental Health App LiveBetter

What You Need to Know: - Ginger has acquired the technology assets of LiveBetter, a company that brings free mental health and well-being support to anyone through a highly engaging, conversational app. - LiveBetter reaches over 10,000 users and continues to reach more individuals every day - young adults, the unemployed, new parents, and the homeless. Ginger, on-demand access to behavioral health coaching, video therapy, video psychiatry, and self-guided content has acquired the
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UK-Based Startup Oxford VR Nabs $12.5M to Expand Automated VR Therapy Platform

by Fred Pennic 02/13/2020 Leave a Comment

UK-Based Startup Oxford VR Nabs $12.5M to Expand Augmented VR Therapy Platform into U.S.

- Automated virtual reality therapy Oxford VR secures a record $12.5M investment to advance its real-world impact in behavioral health, and accelerate clinical leadership in the U.S. - The investment will enable the next-level growth of pioneering immersive therapy for depression, anxiety, and other behavioral health conditions. VR therapy pioneer Oxford VR announced today a landmark $12.5 million Series A funding round led by Optum Ventures and supported by Luminous Ventures. The round
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Quartet Health, Blue Cross NC Collaborate on Value-Based Care Payment Model for Mental Health

by Jasmine Pennic 01/28/2020 Leave a Comment

Centene Leads $60M Round for Behavioral Health Platform Quartet

- Mental health technology company Quartet Health announced a new technology that helps install a value-based quality measurement system for mental healthcare. - Achieved in collaboration with Blue Cross of North Carolina -- an insurer known for being on the forefront of improving mental health access and a tech leader -- Quartet and BCNC are introducing it as the market's first and will serve as a framework for all insurer adoption. Quartet Health, an innovative mental healthcare technology,
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Banner Health Expands Ambulatory & Acute Virtual Care Services to Patients

by Fred Pennic 01/21/2020 Leave a Comment

- Banner Health inks a 5-year partnership agreement with eVisit and VeeMed to enable ambulatory and acute virtual care services for their patients throughout the Southwest. - Together, eVisit and VeeMed will provide a Banner-branded virtual care platform including software, mobile applications, and leveraging Banner hardware to operationalize Banner's preferred approach to virtual care services. Banner Health, one of the largest nonprofit health care systems in the country has
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Steward Health Care System to Deploy MEDITECH Expanse EHR Across 35 Hospitals

by Fred Pennic 01/21/2020 Leave a Comment

Steward Health Care System to Deploy MEDITECH Expanse EHR Across 35 Hospitals

- Steward Health Care System recently signed to implement MEDITECH Expanse EHR in 18 sites located across Arizona, Texas, Utah, Arkansas, and Louisiana.  - The implementation is a part of Steward’s “One Platform” strategy to bring all 35 hospitals under a one single, integrated, enterprise EHR. Health IT company MEDITECH announces it will extend its 20-year partnership with Steward Health Care System, which recently signed to implement the MEDITECH Expanse EHR platform in 18 sites located across
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Medsphere Raises $40M to Expand Suite of SaaS EHR & RCM Solutions

by Jasmine Pennic 01/15/2020 Leave a Comment

Medsphere Raises $40M to Expand Suite of SaaS EHR & RCM Solutions

- Medsphere raises $40M in preferred equity investment to fund the expansion of efficient, flexible, subscription-based software solutions. - Medsphere has grown subscription revenue by over 400% using a combination of organic growth and accretive acquisitions, achieving a compounded annual growth rate of over 50%. Medsphere Systems Corporation, the leading provider of efficient and interoperable healthcare information technology (IT) software solutions, and services, today announced new $40
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Led by Cigna Ventures, Arcadia Raises $29.5M to Expand Population Health Management Platform

by Jasmine Pennic 01/13/2020 Leave a Comment

Led by Cigna Ventures, Arcadia Raises $29.5M to Expand Population Health Management Platform

- Arcadia, a Boston-based population health management company announces that it has received $29.5 million in Series D funding, led by Cigna Ventures. - Arcadia’s population health management technology platform Arcadia Analytics was purpose-built to support economic success under value-based care.   Population health management technology company Arcadia today announced at the 38th Annual J.P. Morgan Healthcare Conference has closed a fully-subscribed growth equity investment of $29.5M led by
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