Headway, a startup that helps people find therapists that accept their insurance, has raised $26 million in Series A funding. That brings the company’s total funding raised up to about $33 million. Since its founding in 2019, Headway has helped tens of thousands of patients find therapists and book appointments. It currently works with about […]
Talkspace, a digital therapy startup with a bevy of celebrity supporters, could soon be changing hands. Bloomberg first reported the news Tuesday, citing “people with knowledge of the matter.” Those sources told the publication that the text-based therapy platform is working with advisers on a potential sale. Headquartered in New York City, Talkspace is a […]
No one could have predicted 2020 would be the year tele-behavioral health care would finally take off. But thanks to the coronavirus — and assists from insurers — virtual care’s prevalence has exploded, yielding positive results for patients and providers. In the years to come, the industry’s next big tech revolution could be virtual reality […]
The Senate has passed legislation that would provide more resources to community mental health and addiction treatment centers that serve people who are incarcerated. The Crisis Stabilization and Community Reentry Act now heads to the House of Representatives for consideration. The bipartisan bill is designed to improve care for incarcerated people with behavioral health conditions. […]
Digital therapeutics have become increasingly popular in behavioral health as of late, especially amid the COVID-19 pandemic, which has worsened the mental health of Americans and discouraged the delivery of in-person health care. New research from Pear Therapeutics — a digital therapeutics provider that’s raised $134 million to-date — helps validate that trend and highlight […]
Caravel Autism Health adds another Midwestern location Caravel Autism Health has announced the addition of a new center in greater Duluth, Minnesota. The new location, set to open in December, is the ninth Caravel has opened in the state since 2019. Caravel is a private equity-backed autism services provider based in the Midwest. It specializes […]
Behavioral Health Group acquires Wellness Ambulatory Care Behavioral Health Group (BHG), a national opioid use disorder (OUD) treatment provider, has acquired Wellness Ambulatory Care, an office-based opioid treatment provider (OTP). Financial terms of the deal were not disclosed. Based in Dallas, BHG bills itself as the largest network of Joint Commission-accredited outpatient opioid treatment and […]
Springtide — a technology-enabled autism services provider — has raised $18.1 million in Series A funding. Deerfield Management Company and Optum Ventures led the financing round. With offices in Connecticut and New York City, Springtide provides in-person, center-based applied behavioral analysis (ABA), speech therapy, occupational therapy and physical therapy to children with autism. It also […]
It’s been an eventful couple years for Kadiant, a private equity-backed applied behavior analysis (ABA) provider composed of nine legacy autism services companies. CEO Lani Fritts partnered with TPG Capital and Vida Ventures to launch the Oakland, California-based company in February of last year. Together, the PE partners contributed more than $300 million in equity […]
NeuroFlow, a digital health company designed to improve collaborative care, has integrated with Epic, an electronic medical record (EMR) used by hundreds of health care providers nationwide. As a result, NeuroFlow’s technology-enabled behavioral health integration platform is now available to healthcare providers through Epic’s App Orchard marketplace. They can use NeuroFlow to streamline clinical workflows […]
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