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Mental Health

Vida Health Nabs $25M to Expand Virtual Health Platform for Personalized Mental and Physical Care

by Jasmine Pennic 04/30/2020 Leave a Comment

Vida Health Nabs $25M to Expand Virtual Health Platform for Personalized Mental and Physical Care

What You Should Know: - Virtual healthcare platform, Vida Health, announced today that it raised $25 million in new funding to meet the increased demand for mental and physical virtual care. - Since launching in 2014, Vida has fine-tuned its approach to mental health. Participants working with Vida’s nationwide therapy coverage in all 50 states have shown an average reduction of anxiety and depression by more than 50%. Vida Health, a personalized virtual care platform for
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Report: How COVID-19 is a Blue Moon Moment for Mental Health Technology

by Fred Pennic 04/30/2020 Leave a Comment

Report: How COVID-19 is a Blue Moon Moment for Mental Health Technology

What You Should Know: - Oxford VR publishes a new position paper ‘The Big Reset: Why COVID-19 presents a blue moon moment for mental health technology.’ - The white paper highlights how the coronavirus crisis has been a greater catalyst for the implementation of telecare in practice, than two decades of many brilliant, but many failed attempts too. Oxford VR, a provider of evidence-based automated VR therapy has published a new position paper ‘The Big Reset:
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FCC Approves $4.2M for 13 COVID-19 Telehealth Program Providers

by Jasmine Pennic 04/29/2020 Leave a Comment

FCC COVID-19 Telehealth Program Providers

What You Need to Know: – FCC approves the fourth set of 13 COVID-19 telehealth program providers, totaling $4.2M in funding. – To date, the FCC’s COVID-19 Telehealth Program has funded 30 health care providers in 16 states for a total of $13.7 million in funding. The Federal Communications Commission’s Wireline Competition Bureau approved an additional 13 funding applications for the COVID-19 Telehealth Program, totaling $4.2M in funding.  The third set of providers will support some
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SonderMind Raises $27M to Expand Behavioral Health Marketplace

by Jasmine Pennic 04/06/2020 Leave a Comment

SonderMind Raises $27M to Expand Community Behavioral Health Network

What You Should Know: - Today, SonderMind, a 500-strong integrated network of community behavioral health professionals announced a $27 million Series B financing. - With a goal of making behavioral health more accessible, available and utilized, SonderMind is very active easing the minds of the worried well and enabling a value proposition for therapists (to the benefit of patients) that is pushing therapy beyond the better-heeled patient that can afford self-pay to the bulk of the
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COVID-19 Pandemic: Why Patients Need to Control Their Own Data

by Jeff Galas, Managing Partner at HealthChampion 03/24/2020 Leave a Comment

COVID-19-Pandemic-Why-Patients-Need-to-Control-Their-Own-Data

We’re in throes of a global pandemic. Healthcare providers must focus on fighting COVID-19, but we can’t afford to ignore the reason we’re going into this fight blind. Our best weapon is our own healthcare data. We are going to learn many things from this pandemic, not least of which is that the way we thought about data ownership over the previous decade needs to change. Pandemics represent a system-wide attack on healthcare. Our best responses rely on social distancing, telemedicine, and
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Powered by Lyra Health, Starbucks Offers U.S. Employees Access to Mental Health Therapist/Coach

by Fred Pennic 03/16/2020 Leave a Comment

What You Need to Know: - Starbucks partners with Lyra Health to offer all U.S. partners and eligible family members with a mental health therapist or coach. - Through Lyra Health’s platform, all U.S. partners (employees) and eligible family members will receive 20 mental health sessions with a therapist or coach each year at no cost. - Offering a new mental health care resource is part of Starbuck's larger mental health initiative announced in September, created based on partner
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Oxford VR Launches VR Program to Tackle Anxious Social Avoidance

by Fred Pennic 03/16/2020 Leave a Comment

What You Need to Know: - Oxford VR launches social engagement - a first-in-class digital therapeutic using virtual reality technology to tackle anxious social avoidance. - Anxious social avoidance is one of the most debilitating aspects of multiple mental conditions. Social engagement enables individuals to overcome trigger situations to feel safer, more confident and more in control. Oxford VR (OVR), a global pioneer developing automated VR therapy announces the launch of
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CVS Health Adds Livongo, Hinge Health to its Point Solutions Management Offering

by Fred Pennic 03/11/2020 Leave a Comment

CVS Health Adds Livongo, Hinge Health, Others to its Point Solutions Management

What You Need to Know: - CVS Health today announced five new health and well-being point solutions available through Point Solutions Management after a comprehensive clinical, security and business evaluation process. - These solutions address healthcare costs and support clinical outcomes in key areas, including chronic condition management, musculoskeletal health, stress reduction, and mental health management and caregiver support. - The latest offerings include apps like Livongo
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Ginger Acquires Technology Assets of Mental Health App LiveBetter

by Fred Pennic 03/04/2020 Leave a Comment

Ginger Acquires Technology Assets of Mental Health App LiveBetter

What You Need to Know: - Ginger has acquired the technology assets of LiveBetter, a company that brings free mental health and well-being support to anyone through a highly engaging, conversational app. - LiveBetter reaches over 10,000 users and continues to reach more individuals every day - young adults, the unemployed, new parents, and the homeless. Ginger, on-demand access to behavioral health coaching, video therapy, video psychiatry, and self-guided content has acquired the
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UK-Based Startup Oxford VR Nabs $12.5M to Expand Automated VR Therapy Platform

by Fred Pennic 02/13/2020 Leave a Comment

UK-Based Startup Oxford VR Nabs $12.5M to Expand Augmented VR Therapy Platform into U.S.

- Automated virtual reality therapy Oxford VR secures a record $12.5M investment to advance its real-world impact in behavioral health, and accelerate clinical leadership in the U.S. - The investment will enable the next-level growth of pioneering immersive therapy for depression, anxiety, and other behavioral health conditions. VR therapy pioneer Oxford VR announced today a landmark $12.5 million Series A funding round led by Optum Ventures and supported by Luminous Ventures. The round
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