What You Should Know:
- Enthea, the first provider of insurance plans for psychedelic healthcare, has announced a $2M Seed Round raise led by Tabula Rasa Ventures to offer psychedelic-assisted therapy as a workplace benefit.
- The funds will be used to launch Enthea’s services into 40 markets across the U.S. in 2023 as well as grow its customer base and provider network to increase access to new, evidence-based healing options that have proven to be very effective in improving symptoms for
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Mental Health
2022 Telemental Health Regulations Unlock Access and Evolve Compliance Practices
What You Should Know:
- Epstein Becker Green (EBG) recently released its 2022 updates to the Telemental Health Laws survey.
- The 2022 updates report a significant evolution of the telemental health and telehealth industries, including increased regulatory flexibilities that promote increased use of telehealth.
Insights and Trends from Telemental Health’s Survey
The Telemental Health Laws survey is authored by Amy Lerman and Audrey Davis, with support from Jenna Horowitz, Erin
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7 out of 10 Healthcare Workers Find it Stressful to Manage Their Finances
What You Should Know:
- More than half of all healthcare workers (52%) feel less confident about their personal financial situation now compared to a year ago, according to a recent Harris Poll, among over 2,000 U.S. adults of which nearly 200 are healthcare workers, commissioned by IntelyCare and DailyPay.
- The latest IntelyCare Research Group report, looks at how financial precarity and stress affect healthcare workers and simultaneously explores measures
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Digital Health VCs Cite ROI & Clinical Validation As Greatest Markers of Company’s Success
What You Should Know:
- Investors in the healthcare technology space believe a measurable return on investment (ROI) and clinical validation of the technology's platform will be the greatest indicators of company success in 2023, according to a new survey of top digital health investors by GSR Ventures.
- ROI was deemed "important" or "very important" to the success of digital health companies by more than 94% of investor respondents, and 79% for clinical evidence and trials.
Top
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PE Firms Rebrand Prison Healthcare Companies, But Care Issues Continue
What You Should Know:
- A new report, “Private Equity Firms Rebrand Prison Healthcare Companies, But Care Issues Continue,” by the Private Equity Stakeholder Project (PESP) focuses on healthcare company Wellpath and the regulatory risks that the company continues to take in local jails and prisons.
- Wellpath is owned by private equity firm H.I.G. Capital and is among the largest healthcare companies serving U.S. prisons and jails. Wellpath has had a litany of staffing and access to
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Telehealth: Addressing The Mental Health Crisis in Kids
Children in America were increasingly struggling with mental health before COVID-19, but the pandemic compounded an already growing crisis. Today in the U.S., nearly one in five children experience a mental health disorder. What’s just as alarming is that for every five children with a mental health disorder, only one will receive treatment.
In October 2021, leading pediatric healthcare associations declared a national emergency in child and adolescent mental health. This declaration was a
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HLTH22: 6 Digital Health Executives Share Key Takeaways
We reached out to six digital health executives for their key takeaways and reflection from attending the recent HLTH22 conference.
Sunny Kumar, MD, Partner at GSR Ventures, a $3B AUM venture firm investing in early-stage digital health companies.
The most fascinating element of HLTH 2022 were the concurrent contrasts. Set against a challenging macroeconomic environment with decreases in venture funding and near-daily headlines of large layoffs cutting across the tech ecosystem,
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How Will New FDA Hearing Aid Regulations Impact Health Plans?
The time has finally arrived. The Food & Drug Administration’s new over-the-counter (OTC) hearing aid regulations are now in effect and health plans are starting to explore what it means for them. Among the many questions they may need to grapple with, a few are particularly salient:
- How will the new rules impact their benefit offerings?
- What new opportunities will arise?
- What potential pitfalls should they be aware of?
Introducing OTC hearing
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AdvancedMD to Roll Out 35+ Updates in Major Product Release
What You Should Know:
- AdvancedMD announced its 2022 Fall product release that includes 35 new features added to its suite of all-in-one medical office and remote care cloud software. This marks one of the largest product release updates in AdvancedMD history, reflecting the robust nature of the leading cloud-based platform used by more than 40,000 practitioners across 13,000 practices, and 850 medical billing companies.
- AdvancedMD’s fall release ensures more unified and smoother
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Evaluating Evidence Base in Digital Health Solutions: The Real Questions Stakeholders Should Be Asking
Throughout the pandemic, digital health companies have seen significant growth, with one study finding that U.S.-based digital health startups surpassed $29 billion in 2021, almost twice the funding seen in 2020. When done correctly, the use of these digital innovations can help people reduce the burden of dealing with mental health challenges by providing accessible, affordable, and timely care to users. As digital mental health interventions (DMHI) continue to battle it out for a leading spot
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