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Mental Health

MAP Health Management Acquires Behavioral Health Provider CARMAhealth – M&A

by Fred Pennic 06/16/2021 Leave a Comment

MAP Health Management Acquires Behavioral Health Provider CARMAhealth – M&A

What You Should Know: -  MAP Health Management, LLC., a provider of virtual peer support services announced the acquisition of CARMAhealth (CARMA), a primary care and behavioral health management service organization to expand its capabilities to virtual and in-person primary medical and behavioral healthcare. - The acquisition will enable MAP to leverage its peer-led support capabilities to facilitate an integrated continuum of medical services that include primary medicine,
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Lyra Health Completes $200M at $4.6B Valuation for Digital Mental Health Platform

by Fred Pennic 06/14/2021 Leave a Comment

Lyra Raises Massive $187M at $2.3B Valuation for Digital Mental Health Platform

What You Should Know: - Lyra Health, a provider of comprehensive mental health care benefits for employers, today announced it has completed a $200M financing led by Coatue and joined by new investor Sands Capital, along with existing investors. - Lyra plans to accelerate its delivery of evidence-based mental health benefits for companies with employees located around the world. Smarter Mental Health Benefits, Better Outcomes Accessing and receiving mental healthcare is
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The Role of Digital Mental Health in the Healthcare Journey

by Alison Darcy, PhD, President and Founder, Woebot Health 06/14/2021 Leave a Comment

The Role of Digital Mental Health in the Healthcare Journey

With more than 20,000 apps available to address myriad mental health challenges with varying degrees of support, it’s clear that digital mental health is experiencing a boom. But there seems to be little consensus regarding the true role that digital therapeutics can and should play within the greater context of a patient’s mental health care journey. In order to better articulate this role, we need to take a person-centered view and understand how digital therapeutics can help people not just
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Report: State of Black Mental Health Before and After George Floyd’s Death

by Fred Pennic 05/27/2021 Leave a Comment

State of Black Mental Health Before and After George Floyd's Death

What You Should Know: - Hurdle, a Washington D.C.-based digital mental health company, announced the publication of a white paper on Black mental health before and after George Floyd's death. - Co-authored by leading mental health researchers Dr. Harold "Woody" Neighbors, Professor Emeritus, University of Michigan School of Public Health, and Dr. Norma L. Day-Vines, Associate Dean for Diversity and Faculty Development in the School of Education at Johns Hopkins
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Amazon Offers Mental Health Benefits for US Employees & Their Families

by Fred Pennic 05/20/2021 Leave a Comment

Amazon Offers Mental Health Benefits for US Employees & Their Families

What You Should Know:  - Amazon today launched a new mental health benefit, Resources for Living, that provides every U.S. employee, their family, and their household with a single place to start for personalized, convenient, and confidential support for mental health and daily life assistance. These services are available 24 hours a day, seven days a week, and include access to free counseling sessions in-person or through the phone, video, or text. - This system-wide benefit, called
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Frontline Workers Need New Approaches to Treat COVID-19-Related Mental Health Issues

by Robert Cuyler, PhD, Chief Clinical Officer at Freespira 05/14/2021 Leave a Comment

We’ve long known that the coronavirus pandemic would dramatically impact the mental health of health care professionals and the general population. But just how many of us have been impacted is stunning. Fully 41% of Americans reported at least one adverse mental or behavioral health condition associated with Covid-19, according to the Centers for Disease Control and Prevention. Essential workers had the highest reported rates of adverse mental health outcomes compared to all other
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Mental Health App Forms Bond with Users, Marking Key Evolution in Digital Therapeutics

by Fred Pennic 05/11/2021 Leave a Comment

Mental Health App Forms Bond with Users, Marking Key Evolution in Digital Therapeutics

What You Should Know: - Digital therapeutics company Woebot Health announced its findings to an unprecedented and large-scale industry study that sought to understand whether users of its cognitive-behavioral therapy (CBT)-based conversational agent, Woebot, formed therapeutic alliances (or bonds) with the agent compared to traditional face-to-face therapy and other digital interventions that do not deploy a conversational agent. - According to the study, the bond that Woebot formed with
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Q1 2021 Health IT/Digital Health PC/VE, M&A, IPOs/ SPACs Activity

by Healthcare Growth Partners (HGP) 04/12/2021 Leave a Comment

Q1 2021 Health IT/Digital Health PC/VE, M&A, IPOs/ SPACs Activity

The first quarter of 2021 has been one of investor optimism as the vaccine rollout continues ahead of expectations and economic activity begins to accelerate in response.  Within the Health IT industry, the already strong investment and M&A trends seen in 2020 have only accelerated.  Over the course of the quarter, we observed $7 billion in private equity and venture capital investment across 158 companies.  By comparison, Q1 of 2020 saw $3.2 billion and 127 investments.  Health IT
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Key Lessons from COVID-19 & How We Can Better Support our Healthcare Provider

by Peter Ziese PhD, MD, Head of Clinical Strategy and Innovation, Philips 04/06/2021 Leave a Comment

COVID-19 has been a novel pandemic in many ways beyond the actual virus itself – from the irreparable impacts it’s having on society, to the immense strain it’s put on the healthcare industry. A recent report stated that 93% of healthcare professionals reported experiencing stress, 86% reported experiencing anxiety, and 76% reported exhaustion and burnout [1]. Considering that the virus will continue to have an impact in 2021 and the reality that COVID-19 will likely not be the last epidemic we
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City of Milwaukee Taps NowPow to Improve Health Equity & Outcomes

by Jasmine Pennic 03/04/2021 Leave a Comment

City of Milwaukee Taps NowPow to Improve Health Equity & Outcomes

What You Should Know: - IMPACT, a designated provider of 211 information and referral services in Southeastern Wisconsin, today announced a groundbreaking collaboration with local health systems, community organizations and NowPow to power one of the nation’s most comprehensive, community-wide systems to connect health and social care and track outcomes. - As part of the partnership, IMPACT Connect will establish a shared digital platform for partner organizations across multiple sectors —
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