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Mental Health

Analysis: 2022 Semi-Annual Health IT Market Review

by Healthcare Growth Partners 07/29/2022 Leave a Comment

HGP Releases its July 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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VC General Catalyst Closes $675M Health Assurance Fund II

by Fred Pennic 07/27/2022 Leave a Comment

VC General Catalyst Closes $675M Health Assurance Fund II

What You Should Know: - Early-stage venture capital firm General Catalyst closes $670 million Health Assurance Fund II.  - The new fund comes on the heels of the Health Assurance Fund I closed in April of 2021 at $600M. To date, General Catalyst has invested $1.7B in companies aligned with the health assurance thesis. Health Assurance Fund II Investment Thesis This new fund will allow us to continue to accelerate General Catalyst’s work on building a value-oriented system and focus
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Report: How Apple Is Advancing Digital Healthcare Transformation

by Syed Hamza Sohail 07/26/2022 Leave a Comment

Apple Releases Report on Its Approach to Advance Digital Health Transformation

What You Should Know: - Apple has shared a new report that offers a snapshot of the ways Apple products are empowering people to be at the centre of their health, and acting as an intelligent guardian for their health and safety. - The report covers Apple’s two-pronged approach to advance health: Apple’s focus on personal health and fitness features on Apple Watch and iPhone, and Apple’s work with the medical community to support research and care. Empowering Users on Their Personal
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Executive Roundtable: Can Innovation Alleviate Clinician Burnout?

by Fred Pennic 07/18/2022 Leave a Comment

Physician Burnout Report: Understanding The Impact of Burnout on Healthcare Executives

The U.S. Surgeon General’s recent advisory about clinician burnout cited numerous societal, cultural, structural, and organizational causes—including excessive workloads, administrative burden, and lack of organizational support. The potential fallout of this trajectory is alarming: The advisory cites the Association of American Medical Colleges’ estimate on clinician demand outpacing supply, with an anticipated shortage of between
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Canvas Medical Raises $24M for EMR & Payments Platform

by Syed Hamza Sohail 07/18/2022 Leave a Comment

Canvas Medical Raises $24M for EMR & Payments Platform

What You Should Know: - Canvas Medical, the EMR that enables clinicians and developers to power the future of care delivery, has raised $24M in Series B funding led by M13 with participation from Haystack and previous investors Inspired Capital, IA Ventures, Upfront Ventures, and Irongrey. - In addition to this funding, Canvas has achieved federal certification through the Office of the National Coordinator for Health Information Technology (ONC).  A Full-Stack Ambulatory EMR and
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Why Mental Illness Is Not the Cause of Gun Violence

by Irv Lichtenwald , CEO of Medsphere Systems Corporation 07/15/2022 Leave a Comment

Why Mental Illness Is Not the Cause of Gun Violence

I guess there’s just no way to have a sacred cow without also keeping a goat. Understand, I’m not talking about a GOAT, as in Tom Brady or Michael Jordan. I mean a goat, i.e, something or someone that takes the blame for an event, failed policy, etc., perhaps more commonly called a scapegoat. The sacred cow, in this instance, is the Second Amendment, which has become so sacrosanct in the national foundational myth of an inspired Constitution that it no longer means a great deal more than
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Wysa Secures $20M for AI-Powered Mental Health Chatbot

by Jasmine Pennic 07/14/2022 Leave a Comment

Wysa Secures $20M for AI-Powered Mental Health Chatbot

What You Should Know:  - Wysa, a Boston, MA-based AI digital platform for mental health, today announces it has secured $20M in financing led by HealthQuad, who along with British International Investment (BII), the UK’s development finance institution, joins earlier investors W Health Ventures, Kae Capital, Google Assistant Investments, and pi Ventures amongst others. - Funds will enable access to clinically evidenced digital therapeutics (DTx) in the US, UK, India and other global
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Blue Cross NC Expands Mental Health for Children, Underserved Areas Through Collaboration with Headway

by Syed Hamza Sohail 07/14/2022 Leave a Comment

Blue Cross NC Expands Mental Health for Children, Underserved Areas Through Collaboration with Headway

What You Should Know: - In its latest effort to address critical mental health needs in North Carolina, Blue Cross and Blue Shield of North Carolina (Blue Cross NC) today announced it is expanding its network of behavioral health providers through a collaboration with Headway, a mental healthcare company that works with insurers to deliver high-value mental healthcare.  - Together the two companies will make it easier for Blue Cross NC members to quickly access – as soon as 48 hours –
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COVID-19: Addressing the Urgent Mental Health Needs of Frontline Workers

by Jorge E. Palacios, MD, PhD - Senior Digital Health Scientist at SilverCloud Health 07/14/2022 Leave a Comment

COVID-19: Addressing the Urgent Mental Health Needs of Frontline Workers

It is no secret that one by-product of the ongoing pandemic is an exacerbation of the country’s mental health crisis. According to research from Johns Hopkins, one in four Americans experience a mental health disorder in a typical year. Yet among adults in the U.S. rates of depression have steadily climbed from 8.5% before the pandemic to an alarming 32.8% in October of 2021, according to research published in The Lancet Regional Health—Americas.   While it is vital that health systems rush
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Northwell Invests $10M in Brightline for Virtual Pediatric Behavioral Healthcare

by Syed Hamza Sohail 07/13/2022 Leave a Comment

Brightline Secures $72M to Expand Pediatric Behavioral Health Solution Nationally

What You Should Know: - Brightline, the category leader in virtual behavioral healthcare for children, adolescents, and families, announced a $10M investment by Northwell Health, New York's largest healthcare provider, bringing its total Series C funding to $115M. - This strategic investment and partnership will create greater access to innovative pediatric mental health services across the New York Metro area at a critical time for families. The Only National One-Stop-Shop
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