What You Should Know: - Sana, a healthcare company that provides Fortune 500-level health benefits to small businesses at affordable prices, today announced a partnership with Little Otter, a digital mental health solution for children and their families. - Both Little Otter and Sana are aligned in their goal to provide comprehensive, high-quality mental healthcare to their members and their families. By investing more in primary care and enabling access to more low-cost,
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Mental Healthcare
ReKlame Health Joins Cigna In-Network, Reducing Psychiatric Care Barriers for BIPOC Communities
What You Should Know: - ReKlame Health, a provider of culturally competent, affordable and empathetic behavioral healthcare for BIPOC communities, announced that it has joined Cigna as an in-network mental healthcare provider in New York, New Jersey, and Florida. - ReKlame is now in-network with all of the nation’s leading insurance plans, including Optum, United Healthcare, Blue Cross Blue Shield, Aetna, Oxford and Oscar. The Black-founded and Black-led company brings high-quality
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6 Healthcare Trends Impacting Medical Practices in 2023
What You Should Know: - AdvancedMD, a provider of cloud healthcare software for independent medical, mental health, and physical therapy practices, announced today the top six healthcare trends that will have the biggest impact on physicians and medical offices in 2023. - These trends are based on aggregated, anonymous user data from the more than 40,000 practitioners spanning 13,000 medical practices that subscribe to AdvancedMD practice management, EHR and patient engagement
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AI Mental Health Chatbot Predicts Disorders with 93% Accuracy
What You Should Know: - London-headquartered digital health startup, Limbic, has announced that its psychological assessment tool, Limbic Access, has achieved Class IIa UKCA medical device certification – making it the first and only AI mental health chatbot in the world to earn this status for its clinical effectiveness, safety and risk management. - The certification confirms that its mental health e-triage chatbot, which is able to predict mental health disorders with an accuracy rate
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Exec Hires: First Stop Health Promotes Teira Gunlock to CEO
What You Should Know: - First Stop Health (FSH), a leading virtual care company for primary, urgent and mental healthcare needs, today announced the promotion of Teira Gunlock to Chief Executive Officer. In her role, Gunlock leads a dynamic, growing organization focused on delivering convenient, high-quality and affordable care to U.S. members of its employer clients. - Gunlock started at FSH in 2015, where she held the Director of Client Care role until she was
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How My Telehealth Company Used Revenue-Based Financing – not VC – to Get Mental Health Services to Underserved Seniors
Beyond just the impact of COVID-19, the need for tele-mental healthcare and telepsychiatry services continues to expand, especially for rural communities. With the unpredictable venture capital market, startups offering telehealth services increasingly find themselves evaluating alternative financing options. I’ve noticed a number of alternatives have emerged in the last several years. These can be especially helpful for startups that need quick decisions and have predictable revenue growth
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Brightside Health Launches Telehealth Program to Combat Suicide Epidemic
What You Should Know: - Brightside Health today announced Crisis Care, a telehealth program treating individuals with elevated suicide risk. With the addition of Crisis Care, the company will expand its services to individuals experiencing acute suicidal thoughts and behaviors. - While telehealth has improved access to mental healthcare, the majority of virtual mental health services only treat patients with low-to-moderately severe conditions. This
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Grow Therapy Announces Multi-State Expansion, Increasing Access to Quality Mental Healthcare
What You Should Know: - Grow Therapy, a provider-centric mental health group using technology to make high-quality mental healthcare accessible and affordable to all Americans, today announced the expansion of its services to multiple states across the U.S. - The expansion includes availability in 22 new states, making Grow Therapy services now available in 36 states. The expansion also means the addition of 601 new therapists being added to the Grow Therapy marketplace (285 in the newly
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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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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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