As the need for behavioral health services continues to grow, so do the number of companies trying to creatively meet the demand. For some, that means introducing new technology and remote monitoring solutions in an effort to improve outcomes. For others, it means repurposing existing models of care in new ways — which is the […]
The stigma surrounding mental health and addiction assistance isn’t what it once was when it comes to people seeking treatment. Nonetheless, obstacles remain for many who need help — and the behavioral health providers who want to assist them. One such obstacle is the continued shortage of qualified and licensed professionals in the field, which […]
Telehealth giant American Well has entered into a definitive agreement to acquire Aligned Telehealth, which specializes in virtual behavioral health services. Financial terms of the deal were not disclosed. Boston-based American Well is a global telehealth platform provider. It’s solutions are used by more than 160 health systems and 55 health plans, and they support […]
A psychiatric hospital in southeast Florida serving low-income and uninsured patients abruptly shut its doors earlier this month, according to The Palm Beach Post. The move potentially leaves hundreds of patients without access to care. The West Palm Beach-based Jerome Golden Center for Behavioral Health closed Oct. 18 following financial troubles — specifically a bankruptcy […]
Behavioral health startup Octave has raised $11 million in Series A funding. That brings the San Francisco-based company’s total raised up to $14 million, according to the online startup fundraising tracker Crunchbase. The investment round was led by New York-based private equity firm Greycroft, with money also coming from San Francisco-based venture capital firm Obvious […]
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