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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Mental Health
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
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
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
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
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
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
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
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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98point6 Launches New Virtual Behavioral Health Offering
What You Should Know:
- 98point6 announces the launch of its new virtual behavioral health service.
- With primary care at the center, 98point6’s new single-stop virtual care solution helps ensure that every patient is fully supported in their mental health treatment journey.
- Currently available to commercial customers, 98point6 provides employers, health plans and health systems access to integrated, behavioral health care for their employees and members from a collaborative team of
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