Proven Behavior Solutions is primed to expand its services across New England following a strategic investment in the company. The Norwell, Massachusetts-based Autism Spectrum Disorder (ASD) treatment company announced it landed an investment from New York City-based Health Enterprise Partners but did not offer specifics in the news release announcing the deal. A request for […]
Category: Finance
Eleanor Health revealed Thursday that it landed a $50 million Series C funding round. The Waltham, Massachusetts-based addiction and mental health care provider is built around deploying population health and value-based payment models, putting it at the forefront of behavioral health startups with innovative care and reimbursement models. Launched in 2019, the company has raised […]
Fort Worth, Texas-based Caregiver Inc. expanded its presence in Indiana through deals with two different organizations. The long-term care services and support provider for those with intellectual and developmental disabilities (I/DD) closed on a deal to acquire the I/DD services of an organization now known as AbleLight in Valparaiso and Greenfield, Indiana. In the two […]
Historic levels of investment in the behavioral health space in the previous two years suggest that the outpatient mental health segment could continue to see swiftly growing companies at the center of big-time exits. Optum’s high-profile acquisition of Refresh Mental Health, in particular, demonstrates the massive interest in the mental health space, especially in scaled […]
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 […]
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 […]
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 […]
Optum announced another blockbuster acquisition that demonstrates the ambition of its parent organization, UnitedHealth Group Inc. (NYSE: UNH), to have a presence in a wide range of health care segments as it strives toward value-based care. And that ambition could have major effects on the behavioral health industry as Optum continues its dealmaking. Just a […]
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 […]
UnitedHealth Group health services division Optum has acquired burgeoning outpatient mental health provider Refresh Mental Health. As first reported by Axios Pro’s Sarah Pringle, New York City-based private equity firm Kelso & Co. sold the Jacksonville Beach, Florida-based Refresh Mental Health to Optum. While the sale price isn’t included, Axios reports that Kelso & Co. […]
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