Tridiuum (formerly known as Polaris Health Directions), a Philadelphia-based provider of cloud-based behavioral health solutions has raised $9.5 million in Series B financing, which includes equity capital from lead investor Sopris Capital and strategic co-investor Fresenius Medical Care Ventures, and debt funding from Silicon Valley Bank. Series A investors Ben Franklin Technology Partners of Southeastern Pennsylvania and Martinson Ventures participated as well.Founded in
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Behavioral Health | News, Analysis, Insights - HIT Consultant
Today’s Behavioral Health Providers are Failing: Why Data Analytics is the Solution
Today, behavioral health is more important than ever. Major news outlets, from The New York Times to The Wall Street Journal, constantly cover the mental health epidemics wracking the nation, be it widespread opioid abuse or the steady, upward creep of suicide and self-harm.Spurred on by the scope and severity of these societal problems (as well as new legislation passed to address them), the behavioral health sector has grown exponentially. Yet this field is not without its problems: despite
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Spectrum Health & Human Services to Implement Cerner’s Community Behavioral Health Cloud
Spectrum Health & Human Services, a Western New York-based provider of behavioral health services has selected Cerner to implement the Cerner Integrated – Community Behavioral Health deployment model designed to meet the unique needs of organizations that treat psychological disorders.The implementation will help support Spectrum’s work to improve the mental well-being of the people it serves throughout its health and human services agency in Western New York. Spectrum will receive a
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Behavioral Health Startup Praestan Health Raises $12M to Drive Behavioral Health Transformation
Praestan Health, a Minneapolis, MN-based behavioral health technology-focused startup, announced that it has closed a private placement for $12 million to fund completion of its technology platform and build a national organization to serve clinicians, healthcare organizations, employers, and patients. Praestan Health is committed to driving improved health and wellbeing through behavior change at the individual and population health level, In addition, the company has launched hree-way health
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Is Specialization a Contributing Factor to Deteriorating Mental Health Care?
"A human being should be able to change a diaper, plan an invasion, butcher a hog, conn a ship, design a building, write a sonnet, balance accounts, build a wall, set a bone, comfort the dying, take orders, give orders, cooperate, act alone, solve equations, analyze a new problem, pitch manure, program a computer, cook a tasty meal, fight efficiently, die gallantly. Specialization is for insects." - Robert A. HeinleinIn almost every walk of life, we worship at the altar of specific expertise. It
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Lyra Health Raises $45M to Connect Employees to Effective Mental Health Providers
Lyra Health, a Burlingame, CA-based digital health startup has raised $45 million in Series B funding to expand access to effective mental healthcare for companies and their employees. The round included participation from new investors Tenaya Capital, Glynn Capital, Crown Ventures, and Casdin Capital with existing investors including Greylock Partners, Venrock, and Providence Ventures. The company plans to use the latest round of founding to develop technology that improves treatment outcomes
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Teladoc Launches Behavioral Health Navigator in U.S.
Virtual care provider Teladoc, today announced the launch of Behavioral Health Navigator, bringing innovation to virtual care delivery and the diagnosis and treatment of behavioral health conditions. Behavioral Health Navigator is an integrated care service that provides specialized “navigation,” support and coordination, combined with virtual access to expert providers for those facing mental health conditions.More than 42 million Americans live with anxiety disorders, and more than 16 million
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AbleTo Raises $36.6M to Accelerate Behavioral Health Platform
AbleTo, Inc., a provider of technology-enabled behavioral health solutions has raised $36.6 million in Series D funding led by Bain Capital Ventures and also includes strategic investor Aetna. Existing investors, ncluding .406 Ventures, Sandbox Industries, HLM Venture Partners, and Horizon Healthcare Services, Inc. also contributed in this round. AbleTo plans to utilize the funding to accelerate scale and expansion of its business operations. The company has now raised a total of $57.4 million
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Lyra Health, Welkin Health Partner to Develop Personalized Care for Behavioral Health Needs
Lyra Health, a digital health company transforming access to behavioral health in the workplace, has partnered with digital health startup Welkin Health to develop an end-to-end solution that will strengthen Lyra's work providing timely and personalized care for employers, and their employees in need of behavioral health services.Welkin’s configurable case management platform consolidates email, text, and phone communications between patient and care provider, creating a comprehensive overview
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Can Telemedicine Transform the Mental Health Care Delivery Model?
People who suffer from mental illness not only struggle with their condition, but oftentimes struggle to get care. This is especially concerning when you consider that mental illness affects 1 in 5 people or 43 million in the US and that number is growing.1 These individuals stand to benefit from behavioral health counseling and support, but unfortunately their need is met with a shortage of mental health professionals. In fact, according to the U.S. Health Resources and Services
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