What You Should Know: - Modern Health raises an additional $74M in Series D funding, now valuing the company at $1.17 billion. - Modern Health’s comprehensive mental health and wellness platform combines the WHO well-being assessment, self-service wellness kits, a global network of certified coaches, and licensed therapists available in 35 languages all available in a single app. Modern Health, the mental health and wellness platform supporting 220+ enterprises globally, today
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Cerner, Banner Health, Xealth Partner to Simplify How Clinicians Prescribe Digital Health
What You Should Know: - Cerner Corporation today announced with Xealth new
centralized digital ordering and monitoring for health systems, starting with
Banner Health, to foster digital innovation. - Health systems can prescribe digital therapeutics, smartphones, and internet apps directly within the EHR to address areas such as chronic disease management, behavioral health, maternity care, and surgery prep. Cerner, today announced it’s building on the recent collaboration with
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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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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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NightWare Awarded FDA “Breakthrough Status” for PTSD Apple Watch App
NightWare, Inc., digital therapeutics for mental health company has received Breakthrough Status designation from the U.S. Food and Drug Administration (FDA) for its NightWare Apple Watch app that measures and treats nightmares in people with Post-Traumatic Stress Disorder (PTSD).Impact of Nightmare DisordersNightmares and Nightmare Disorder have been linked to increased suicidality, heightened risk of heart disease, diabetes, and contributes to cognitive difficulties such as memory loss,
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Behavioral Health Startup Blueprint Nabs $1.3M for Mental Health Assessment Platform
Blueprint (formerly known as HelloJoy), a Chicago, IL-based behavioral health company whose software allows mental health clinicians to efficiently practice measurement-based care (MBC) has raised $1.3M in seed funding led by Lightbank and Hyde Park Angels. The company plans to use the capital to expand its clinician outreach and grow its engineering and sales teams. Impact of Measurement-based
Care (MBC) Today, 43 million Americans suffer from a mental illness,
but there are only 28K
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AbleTo Acquires Digital Therapy App Joyable to Strengthen Virtual Behavioral Healthcare
AbleTo, Inc., a provider of virtual behavioral healthcare proven to improve clinical outcomes and lower healthcare costs has acquired Joyable, an app-based digital therapy innovator. The acquisition strengthens AbleTo's high-quality virtual behavioral healthcare with a digital platform that delivers clinically-based therapies supported by coaches to help individuals overcome depression, generalized anxiety, and social anxiety.Founded in 2014, Joyable offers users expert-designed digital
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Medibio Launches Mental Health Measurement App for Apple Watch
Medibio Limited, a world leader in objective measurement technology for mental health, announced today the release of a personal, mental health measurement technology app for Apple Watch users.With the Medibio app, Apple Watch users will be able to capture and process specific biometric features that reflect the performance of the body's autonomic nervous system (ANS) to create an objective view of their mental health.Users have the ability use the Medibio app in conjunction with Apple Watch
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Why The Mental Health Industry Is Ripe For Innovation
Technology has been tested and proven effective in many advanced and innovative industries, and is now extending and applying its benefits to more regulated industries such as healthcare. According to Mary Meeker's Internet Trends 2017 report, healthcare is “at a digital inflection point.” She recognized and attributed this change in part to the increase of data collection from fitness trackers and health apps as well as the increase of hospitals sharing healthcare data with patients.As part of
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Therachat Unveils AI-Chatbot Platform to Augment Therapy Sessions
Therachat, a smart journaling tool for therapists and their clients, today launched the next generation of its HIPAA-compliant platform designed to augment therapy sessions. The smart journaling application provides therapists with a customizable platform to assign homework to clients (like journaling and emotion tracking), direct messaging and text message analysis -- powered by artificial intelligence (AI).Beset by ignorant stigmas and bracing for funding cuts, mental health care faces a
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