- New Rock Health report finds digital health funding reaches $1.3B in Q3 2019 for a total of $5.5B year to date. - Large digital health funding round are driving the overall funding trend in digital health with the average deal size at $20.9M, in line with 2018’s $21.7M average deal size. - Rock Health projects the number of digital health deals in 2019 will be 5-10% lower than in 2018.Digital health funding reached a total of $1.3B in Q3 2019 for a total of $5.5B year to date, leveling off
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Behavioral Health | News, Analysis, Insights - HIT Consultant
Behavioral Health Startup NOCD Raises $4M to Expand OCD Therapy Tools
- Digital behavioral health startup NOCD raises $4M to expand the NOCD’s Provider Network for people suffering from OCD nationwide.
- OCD is a psychiatric disorder that affects 2-3% of the population. It involves repetitive, unwanted thoughts and compulsive behaviors intended to reduce the anxiety caused by those thoughts.
- Members of NOCD’s treatment program will be able to complete evidence-based therapy with OCD-trained therapists and get 24/7 adjunctive support, no matter where
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Appriss Health Acquires Behavioral Health Platform OpenBeds
- Appriss Health acquires cloud-based behavioral health platform OpenBeds to remove gaps in behavioral health treatment referrals. - OpenBeds ensures that providers don't spend hours of their day manually trying to find treatment facilities for patients, because the data is available to them within minutes.- The acquisition of OpenBeds helps Appriss Health to build on its efforts to address the complex and changing opioid crisis plaguing communities through proven solutions for patient
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PE Firm Warburg Pincus Acquires CareLogic Behavioral Health EHR Platform
- Private equity firm Warburg Pincus has acquired CareLogic behavioral health platform to accelerate product development and expand sales and marketing efforts.
- Qualifacts' CareLogic Enterprise Software is a comprehensive Electronic Health Record (EHR) designed for behavioral health, mental health, & human services.
- The partnership will also help the company identify strategic relationships and acquisition opportunities.
Warburg Pincus,
a healthcare technology
private
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Lafayette General Health Signs Intent to Merge with Ochsner Health System: 7 Things to Know
- The Board of Trustees of Lafayette General Health and Ochsner Health System have signed a letter of intent for Lafayette General to merge with Ochsner Health System.
- Ochsner will invest $365 million in capital and resources in Acadiana over the next 10 years.
- A 10-year, $10 million Community Support Fund overseen by the Lafayette General Board will be created to advance health and wellness in Acadiana.
- $1 million will be invested in the Healthcare Innovation Fund at the
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Molina Healthcare of Washington Launches $3M Community Innovation Fund
- Molina Healthcare of Washington launches $3M community innovation fund that will support Washington community-based organizations over the next three years.- The Molina Fund will support lower access barriers, close community-based care gaps and address the social determinants of health for Medicaid beneficiaries in regions of Washington State that have implemented Integrated Managed Care (IMC).- The Molina Fund will invest up to $1 million per year in Washington-based 501(c)(3) nonprofit
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Walmart Health Taps Zotec Partners to Power Patient Financial Experience
- Walmart Health has formed an end-to-end RCM technology and services relationship with Zotec Partners to simplify the healthcare financial experience processes for its customers, including primary care, dental, vision, and mental health services.
- Zotec’s technology will enable Walmart Health patients to schedule and register for appointments ahead of time, confirm or change insurance and demographic information, see estimated cost for services, receive text and email updates, efficiently
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4 Ways to Improve Mental Health Through Digital Health
Mental health care is undoubtedly one of the most pressing challenges that our national health system faces. Years of insufficient payment, infrastructure erosion, provider deficits, and stigma have created a fragmented patchwork of weak, under-coordinated and under-reimbursed treatment capabilities. Meanwhile, communities face an expanding crisis:
- 44.7 million American adults – including 10 million adults covered by Medicaid – experienced a mental health illness as of 2016, a number that is
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Baptist Health Offers Free Virtual Urgent Visits to All South Florida Residents
- Baptist Health South Florida CEO offers all South Florida residents to experience Baptist Health’s Care On Demand urgent care service for free.
- South Florida residents can simply use the code FREEURGENTCARE when launching the Care On Demand app for their first virtual visit.
Brian
E. Keeley, President & CEO of Baptist Health South
Florida has invited all South Florida residents to experience Baptist
Health’s Care
On Demand urgent care service for free in a letter
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Cognoa, EVERSANA Partner to Advance the Commercialization Standard for Prescription Digital Medicines
- Cognoa and EVERSANA form a partnership that will enable prescription, dispensation, and reimbursement of Cognoa’s behavioral health products.
- Cognoa is developing digital medicine solutions to change the standard of care in pediatric behavioral health to improve the lifelong outcomes for children.
- Cognoa selected EVERSANA, a fully integrated and independent commercial services platform, to develop and manage a go-to-market strategy that ensures comprehensive market
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