Investor Interest in Behavioral Health Real Estate Continues to Rise as COVID Sparks More Demand

The behavioral health industry is an increasingly attractive place for health care and life science commercial real estate investment, in part, because of “dramatically improved” payment from Medicaid and Medicare. Thirty-eight percent of survey respondents said that behavioral health facilities fit into their investment criteria for 2022, according to a report by Dallas-based commercial real […]

Magellan Healthcare Partners with Ria Health for AUD Services in California

Ria Health, a virtual treatment provider for alcohol use disorder (AUD), has announced a collaboration with Magellan Healthcare to make its services available to California members of the behavioral and specialty health solutions manager. Under the partnership, San Francisco-based Ria will offer medical and coaching support by way of a secure video chat option. Ria’s […]

Brightside Health Raises $50M in Series B to Expand Behavioral Services, Grow Staff

Digital behavioral care provider Brightside Health has raised $50 million in a Series B funding round led by ACME Capital and Mousse Partners.  The latest round brings the amount raised to date by San Francisco-based Brightside to $75 million. The company last year raised $24 million in a Series A round. Existing investors that participated in […]

Brightline Lands $105M Funding Led by KKR, Reportedly Valued at $705M

Youth telebehavioral health company Brightline announced Tuesday that it has raised $105 million in a Series C funding round led by global investment firm KKR. The Palo Alto, California-based company now has raised over $200 million and is valued at $705 million, Bloomberg reported on Tuesday. Also participating in the round are existing investors GV […]

Fresh Off Launching Mental Health Services, Telehealth Platform Antidote Secures $22M

Antidote Health, a telehealth platform that offers mental health services along with primary care and other services, has completed a Series A funding round in which it raised $22 million. Funding for the New York-based company was led by third-time investor iAngels, Group 11 and Flint Capital. The company previously raised $12 million in seed […]

Talkspace Unveils App Designed to Help Parents for $30 per Month

Talkspace Inc. (Nasdaq: TALK) is debuting a new app that offers parents various caregiving resources to help them with their children’s care. The Lasting Parenting Guide is being offered by self-guided therapy app Lasting from Talkspace, and features over 100 sessions that blend care modalities and activities including psychoeducation, reflections, exercises and journaling. Licensed therapists […]

Inside the Equip and Aetna Partnership to Bring an Outcomes-Based Approach to Eating Disorder Treatment

Since its founding in 2019, virtual provider Equip has been doing its part to help stem the tide of eating disorders. Now, after having proved its outcomes-based treatment approach to insurer Aetna, the two companies are partnering to offer services to plan beneficiaries.  Aetna – which is owned by pharmacy giant CVS Health (NYSE: CVS) […]

Discovery Behavioral Health Launches Integrated Outpatient Division and Executive Team

Discovery Behavioral Health (DBH) is rolling out a new integrated division that combines traditional, telehealth and specialized outpatient services to treat depression and substance use disorders (SUDs). DiscoveryMD is the fourth division of Los Alamitos, California-based DBH, which operates over 130 centers in 13 states for mental health, SUD and eating disorder treatment. DiscoveryMD will […]

CareSource and Wayspring Launch In-Home Program for Substance Use Disorder Population

Nonprofit health plan CareSource has announced a partnership with value-based addiction treatment company Wayspring to launch an in-home care program for substance use disorder (SUD). The program – which is billed as the first of its kind – will initially be rolled out in Indiana and will be available to Medicaid enrollees in 25 counties […]