Modern healthcare is an intricate dance between quality and quantity. Payers and insurance providers want better patient outcomes due to the high cost of poor health, while health providers want to ensure their patients aren’t overlooked and are appropriately cared for. To understand how we can satisfy the needs of both patients and payers, we’ll have to take a step back and look at the relationship between payer communities and telehealth services. Behavioral
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Analysis: 2022 Semi-Annual Health IT Market Review
Executive Summary Act III of COVID: Navigating the Crosscurrents of Post-Inflation 2022 ushered in Act III of the market’s latest transitionary period: The Post-Inflation Era. Since 2008, the US economy functioned with remarkably low inflation and interest rates. As the cost of capital went lower and lower during the decade, valuations steadily rose. Between 2010 and 2020, the NASDAQ experienced a 17.1% annual growth rate, with no small share of the growth a result of expanding valuation
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Racist Events Can Have Spillover Effects, Triggering Mental, Physical Health Responses Beyond Immediate Victim
This article is excerpted from the Hurdle Health Research Report “Voices of a Collective Experience: Vicarious Racism and its Effects on Black Mental Health.” In the Brooklyn mural, an American flag undulates behind him. The one in Gaza City, Palestine crowns him with two hands—one Black, one White—making the shape of a heart. In Naples, Italy, he weeps blood, reminiscent of religious artwork of Jesus and the Virgin Mary. Another, in Los Angeles, drapes red tape with the words “I
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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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Brightline Secures $72M to Expand Pediatric Behavioral Health Solution Nationally
What You Should Know: - Brightline, a virtual pediatric behavioral health solution announces, today announced it has raised $72M in Series B funding led by GV (formerly Google Ventures), with participation from new investors Optum Ventures, 7wireVentures, and Gaingels, the leading venture investment syndicate in support of diversity and representing the LGBTQ community and allies. Debra Lee, Chairman and CEO Emeritus, BET Networks, also contributed to the round as an independent
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Executive Hires: Walgreens Appoints New CEO, Cityblock Health, Innovaccer, Others
Walgreens appoints Rosalind (Roz) Brewer as the company’s Chief Executive Officer, effective on March 15, 2021. Brewer will also join the WBA Board of Directors upon assuming the role. She succeeds Stefano Pessina who, as previously announced, will transition to the role of Executive Chairman of the Board of WBA. Brewer, 58, will become the first Black woman to lead a Fortune 500 company. Former Livongo President, Jennifer Schneider, has joined Cityblock Health’s Board of
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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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Behavioral Health Services Fueled Telehealth Adoption During Pandemic, Study Finds
What You Should Know: - Telehealth adoption for behavioral health services
jumped sharply during the first months of the COVID-19 pandemic shutdown,
according to a new RAND Corporation study. Telehealth adoption increased sharply during the first
months of the COVID-19 pandemic shutdown, with the approach being used more
often for behavioral health services than for
medical care, according to a new RAND Corporation study. Prior to the
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6 Mental Health & Teletherapy Predictions & Trends to Watch in 2021
The executive team at AbleTo, a technology-enabled provider of behavioral healthcare shares six mental health and teletherapy predictions and trends to watch in 2021. Trip Hofer, CEO at AbleTo 1. Measurement and Outcomes “The healthcare industry has made progress toward increasing access to mental health care and defining what quality care looks like. Now in 2021, the industry needs to focus on how we measure that quality. With mental health becoming an incredibly hot market and so
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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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