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Behavioral Health | News, Analysis, Insights - HIT Consultant

Spring Health Raises $100M for Mental Health Platform, Reaching $3.3B Valuation

by Jasmine Pennic 08/02/2024 Leave a Comment

Spring Health Raises $100M for Mental Health Platform, Reaching $3.3B Valuation

What You Should Know:  - Spring Health, a mental healthcare platform raises $100M in Series E funding round, bringing its valuation to $3.3B. The round was led by Generation Investment Management, with participation from existing investors Kinnevik, William K Warren Foundation, RRE, and Northzone. - The new funding will enable Spring Health to expand its reach, enhance its technology platform, and deepen its commitment to delivering exceptional mental healthcare. The company plans to
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Talkspace Launches AI Innovation Group for Providers

by Syed Hamza Sohail 07/25/2024 Leave a Comment

Talkspace & Wheel Partner for Holistic Virtual Healthcare: Addressing Mental & Physical Needs

What You Should Know: -  Talkspace, a leading online behavioral healthcare company, today announced the formation of the dedicated AI Innovation Group aimed at advancing provider efficiency, and enhancing clinical quality and overall operational excellence through responsible and ethical use of artificial intelligence. -  Created in partnership with Talkspace’s Clinical Quality and Security and Compliance teams, this initiative marks the next iteration of Talkspace’s
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Aligning Primary Care with Behavioral Health is Critical to Patient Outcomes

by Lynn Carroll, COO of HSBlox 07/16/2024 Leave a Comment

Aligning Primary Care with Behavioral Health is Critical to Patient Outcomes

There is increasing recognition across the healthcare continuum of the link between patient behavioral health and clinical outcomes. Unfortunately, alignment between primary care physicians and services for mental health issues, substance use, and other social determinants of health (SDoH) too often range from poor to nonexistent.  “Behavioral health factors have an outsized influence on morbidity and mortality, and are the source of a large portion of family physicians' frustrations
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INVI Mindhealth Closes $1.5M for Digital Mental Health Solutions

by Jasmine Pennic 06/25/2024 Leave a Comment

INVI Mindhealth Closes $1.5M for Digital Mental Health Solutions

What You Should Know:  - INVI MindHealth, a leading mental health technology company raises $1.5M in Series Seed funding round. This investment will fuel advancements in their mobile application, focusing on user experience and integrating expert content on various mental health topics and solutions.  - Additionally, funds will be allocated to developing "Overwatch," a robust dashboard tool designed to empower team leaders in monitoring and supporting their members'
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Telepsychiatry Practice Talkiatry Secures $130M to Expand Value-Based Mental Healthcare Model

by Fred Pennic 06/18/2024 Leave a Comment

Telepsychiatry Practice Talkiatry Secures $130M to Expand Value-Based Mental Healthcare Model

What You Should Know:  - Talkiatry, a leading provider of high-quality, in-network psychiatric care raises $130M led by Andreessen Horowitz (a16z) with participation from Perceptive Advisors and debt financing from Banc of California.  - Talkiatry boasts in-network status with over 60 health plans, including major insurers like Aetna, Blue Cross Blue Shield, and United Healthcare. This covers over 70% of commercially insured individuals in the US.  - With this new
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3 Ways AI Can Reduce Relapse Rates in Behavioral Health

by Fred Pennic 06/17/2024 Leave a Comment

3 Ways AI Can Reduce Relapse Rates in Behavioral Health

What You Should Know:  - Relapse rates in behavioral health treatment are a persistent hurdle. Up to 80% of people with substance use disorders will relapse at some point, causing discouragement for both patients and providers. However, a new weapon is emerging in the fight for sustained recovery: Artificial Intelligence (AI). Early Intervention: Catching Relapse Before it Starts Videra Health, an AI-powered mental health assessment platform, highlights how AI can play a crucial
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Riverside University Health System to Build $580M Behavioral Health Campus

by Jasmine Pennic 06/17/2024 Leave a Comment

What You Should Know:  - Riverside University Health System (RUHS) and PMB broke ground on an unprecedented project, The Wellness Village in Mead Valley, that will transform healthcare by integrating behavioral health treatment with medical care and social services. - Slated for completion in 2026, The Wellness Village will serve as a beacon of hope for those seeking treatment. PMB, a leader in healthcare real estate development, is proud to champion this public-private partnership.
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NeuroFlow Acquires Owl, Creating Behavioral Health Measurement Powerhouse

by Fred Pennic 06/12/2024 Leave a Comment

NeuroFlow Acquires Owl, Creating Behavioral Health Measurement Powerhouse

What You Should Know:  - NeuroFlow, a provider of behavioral health technology infrastructure, announced the acquisition of Owl, a measurement-based care (MBC) technology company.  - The strategic acquisition positions NeuroFlow as a leader in behavioral health measurement and engagement, offering a comprehensive suite of solutions for a wider range of healthcare settings. - While expanding its reach and service offerings, NeuroFlow remains dedicated to customer collaboration
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LunaJoy, Ollie Hinkle Partner on Holistic Mental Health Services for Heart Patients

by Syed Hamza Sohail 05/30/2024 Leave a Comment

LunaJoy, Ollie Hinkle Partner on Holistic Mental Health Services for Heart Patients

What You Should Know: -              The Ollie Hinkle Heart Foundation (OHHF), a leading non-profit organization dedicated to supporting individuals with childhood-onset heart conditions and their families, today announced a national partnership with LunaJoy Health, a women’s mental health company supporting clinical operations and patient risk
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Videra Health Secures 5.6M for AI-Powered Mental Health Screening & Monitoring

by Fred Pennic 05/21/2024 Leave a Comment

Videra Health Secures 5.6M for AI-Powered Mental Health Screening & Monitoring

What You Should Know:  - Videra Health, a frontrunner in AI-powered mental health assessments raises $5.6M in Seed II funding led by Peterson Ventures, with participation from Mercato Partners, Epic Ventures, and Philo Ventures. - Videra Health aims to tackle these challenges by offering widespread, streamlined mental health screening and monitoring powered by AI technology.  Transforming Mental Health Screening with Video Technology Videra Health leverages cutting-edge
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