Several hospital telehealth vendors enjoyed great success in 2020 as they benefitted from unprecedented demand for their IT and services during the pandemic. But as lockdown restrictions were lifted and the strain on hospitals’ in-house capacity across the ICU and other acute care wards eased into the second half of 2021, were the vendors able to maintain their growth? With full-year results from several of the leading hospital telehealth vendors now published, here’s our take on the recently
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Tempus Launches Psychiatric Real-World Data Collaboration
What You Should Know: - Tempus, an $8B precision medicine company, announced the launch of a new psychiatric real-world data program to leverage real-world data to inform mental health treatment. - Tempus N+ is a collaboration between provider institutions across the country and Tempus to build an infrastructure for data-driven research – providers can seamlessly and securely contribute molecular and clinical data, and in turn, their clinicians and researchers can access a
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Amwell Launches Comprehensive Behavioral Health Program
What You Should Know: - Digital care delivery company Amwell launches Amwell Comprehensive Behavioral Health Program, an evidence-based, comprehensive and scalable behavioral health solution that can be tailored to meet specific population needs across the full spectrum of care. - Designed to address the growing mental health crisis, the Amwell program enables payers and providers to deliver integrated solutions including virtual therapy and psychiatry, coaching, and digital mental health
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Patient Flow Challenges Contributing to Provider Burnout
There has been frequent reporting about the problem of provider workforce shortages within hospitals and health systems and the related burnout experienced when working in high-stress situations during the Covid-19 pandemic. There are pre-existing and contributing patient flow challenges that have been exacerbated by the pandemic, which can lead to burnout, and therefore are worth discussing. Exposing the Problem The extent of provider burnout over the course of the pandemic is well
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Analysis: Seeking Balance in the Hyperactive Mental Health Tech Market
The prevalence of mental and behavioral health conditions has been on the rise in recent decades, further aggravated by the pandemic in the last two years. Social isolation, grief from the loss of loved ones, fear of contracting the virus, and financial worries were all major stress factors that increasingly affected the mental wellbeing of the population, and the resulting statistics are startling: the average share of adults with symptoms of anxiety or depressive disorders jumped from 1
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Osmind Secures $40M to Expand Mental Health EHR Platform
What You Should Know: - Osmind, a mental health EHR platform helping clinicians and researchers advance new life-saving mental health treatments, today announced a $40 million Series B investment led by DFJ Growth. The Series B round brings the total amount of funding for Osmind to $57M since the company’s founding in 2020. Justin Kao, partner at DFJ Growth, and the co-founder of Helix, will join the Osmind Board of Directors. - Osmind works with mental health providers of all types, but
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Handspring Launches with $6.2M to Solve Mental Health Access for Kids
What You Should Know: Handspring , a Newark, NJ-based startup building a vertically-integrated and omnichannel behavioral health center for children and families that includes both virtual care and modern clinics. Today, the company has announced its official launch in New Jersey to provide quality care to more families and children. Handspring has closed a $6.2M seed round to further its mission of making quality mental healthcare accessible to all families was co-led by Newark
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COVID-19 Fell Out of Top 5 Telehealth Diagnoses Nationwide in February 2022
What You Should Know: - After two months in the top five telehealth diagnoses nationally and in every US census region, COVID-19 fell out of that ranking nationally and in every region in February 2022, according to FAIR Health's Monthly Telehealth Regional Tracker. - The change coincided with a sharp decline in new cases of COVID-19, as reported by the Centers for Disease Control and Prevention, following the January
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Mental Health Awareness is Everywhere. Why Shouldn’t Virtual Care Be Standard?
May is Mental Health Awareness Month, which for years has been a platform to increase understanding about mental illness and advocate for better mental health care. Now more than ever, you don’t have to look too hard to see that mental health is a daily fixture in the national conversation. Unfortunately, mental health issues have become far too common for people of all ages and in all walks of life. An Influx of Demand from Pediatrics to Geriatrics We know that children are in dire
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UCSF Health & Tia Partner to Open Flagship Women’s Clinic in SF
What You Should Know: - UCSF Health, and women's healthcare provider Tia announced a partnership to transform women's healthcare in the Bay Area -- while also demonstrating a model for how a traditional health system and an upstart can work together to improve health outcomes and experiences for 51% of the population. - The flagship Tia Clinic will provide Bay Area women with a first-of-its-kind medical home designed to make every woman feel seen, heard and cared
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