What You Should Know:
- Eleos Health has announced a $20 million Series A round, co-led by F-Prime Capital and Eight Roads Ventures, bringing their total raise to $28 million.
- Eleos Health is a behavioral health application for voice AI, operating ambiently in the background of mental health clinician-patient conversations. It’s in production use with 20+ care providers and health plans, with a goal of unlocking up to 30% more mental health care provider capacity as the U.S.
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Behavioral Healthcare
SonderMind Raises $150M to Expand Tech-Enabled Behavioral Health Platform
What You Should Know:
- SonderMind Inc., a Denver, CO-based provider in improving mental health clinical outcomes and making behavioral health more accessible to all Americans, today announced it has raised $150M in Series C financing co-led by new investors Drive Capital and Premji Invest, with participation from General Catalyst, Partners Group, Smash Ventures, Kickstart, and F-Prime Capital.
- For mental health providers, SonderMind enables clinicians to
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NeuroFlow Secures $20M for Tech-Enabled Behavioral Health Integration Platform
What You Should Know:
- NeuroFlow raises $20M to expand its technology-enabled behavioral
health integration platform, led by Magellan Health.
- NeuroFlow’s suite of HIPAA-compliant, cloud-based tools
simplify remote patient monitoring, enable risk stratification, and facilitate
collaborative care. With NeuroFlow, health care organizations can finally
bridge the gap between mental and physical health in order to improve outcomes
and reduce the cost of care.
NeuroFlow, a
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Equality Health Launches Social Determinants Program to Tackle Health Disparities
What You Should Know:
- Equality Health launches Social
and Cultural Risk Assessment (SCRA™) program to address social determinants of health
(SDoH)
- With Equality Health’s SCRA program, social determinants act as any other quality metric, with a far less
burdensome reporting process.
Equality Health, a whole-health delivery
system, has pioneered a comprehensive cultural care program that enables
providers to identify and
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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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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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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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FCC Surpasses $100M in Approved COVID-19 Telehealth Program Applications
What You Should Know:
- FCC’s COVID-19 Telehealth Program, which was authorized by the CARES Act, has approved funding for 305 healthcare providers in 42 states plus Washington, D.C. for a total of $105M in funding.
The Federal Communications
Commission’s Wireline Competition Bureau today approved an additional 67 funding applications
for the COVID-19 Telehealth Program. Healthcare
providers in both urban and rural areas of the country will use this $16.87M in
funding to
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Social Distancing: Addiction Recovery Programs Go Virtual for COVID-19
We have been following the social distancing guidelines for two weeks now with more weeks to go. One population that truly needs and is literally prescribed social interaction is that of Substance Use Disorder (SUD). In fact, the 12 step (recovery approach) community, relies on being social wherein attending group meetings to share experience, strength, and hope is a part of the proven philosophy.
Turns out, social distancing while helpful with the COVID-19 crisis is creating another one;
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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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