Biotech firm MARAbio has raised $19 million in a Series A funding round to accelerate the launch of its blood test for detecting maternal autoantibody-related (MAR) autism. The Salt Lake City, Utah-based biotech company plans to use the funds to bring its proprietary blood testing technology to market. MAR autism is linked to specific patterns […]
Many of the fastest-growing behavioral health companies in the U.S. believe their recent eye-popping revenue growth is sustainable. Going a step further, some even see it as all but guaranteed. These companies, identified by the 2024 Inc. 5000 list, are enabled, in part, by the specific segment of behavioral health they operate in and their […]
For years, health systems have been teaming up with external providers to better serve the individuals entering and exiting their facilities. A prime example of this trend is post-acute care, with most of the nation’s large health systems now having robust home health and hospice strategies. To some degree, this trend hasn’t hit behavioral health […]
The behavioral health industry presents real estate investors with a compelling opportunity compared to more traditional facility portfolio operators. But it comes with a trade-off. On one hand, some behavioral health facilities will hit their break-even point with just 50% to 60% occupancy. On the other hand, they are much less predictable businesses with shorter […]
Outpatient mental health providers made up the bulk of behavioral health companies that appeared on this year’s Inc. 5000, a list of the nation’s fastest-growing companies. Of the 40 companies that Behavioral Health Business identified, 24 exclusively focused on providing mental health services in various formats and with a wide variety of specializations. Two other […]
Patient-matching platform Headway is in the midst of closing a $100 million funding round, boosting its valuation to $2.3 billion, reports say. Spark Capital led the round, according to Bloomberg. Headway’s new valuation is roughly double what it was a year prior. Headway’s existing investors include Thrive Capital, Accel, Andreessen Horowitz and Global Founders Capital. […]
Virtual behavioral health provider Spring Health has announced a new program focused on addressing patients’ social determinants of health (SDoH). Dubbed Community Care Solution, Spring plans to offer the program through its employer and health plan partners. The new service aims to improve the conditions that impact a patient’s mental health, including their ability to […]
Private equity-backed Pathways Health and Community Support is setting itself up to triple the number of people it serves by 2030 and do so under a new name: Clarvida. The behavioral health and social services platform will do so, in no small part by better unifying the several parts of the business into a more […]
Once sidelined as a digital-only contender, venture capital is becoming a more mature player in the behavioral health arena. And the numbers are starting to tell the tale. In the first quarter of the year, venture capital firms invested $350 million in the behavioral health sector, according to M&A advisory firm Mertz Taggart. Similar quarterly […]
Limbic secures $14 million in funding London–based Limbic, a mental health AI company, raised $14 million in a funding round led by Khosla Ventures and joined Gaingels and Illusian. England’s National Health Service (NHS) has used Limbic’s web-based chatbot to intake more than 250,000 patients. Limbic will use the newly raised funds to expand to […]
