NexPhase Capital has acquired behavioral health enablement platform Empower Community Care. The transaction is yet another example of private equity’s interest in the behavioral health space, including in the provider-adjacent space. As the behavioral health industry has grown, consolidated and become more sophisticated, the demand for proven partner solutions with scale has likewise increased. Terms […]
Category: Technology
Virtual health provider Teladoc (NYSE: TDOC) has announced a new employee assistance program (EAP) called Wellbound, which will focus on workforce mental health and well-being. While Teladoc has long offered behavioral health services, its mental health efforts have primarily focused on its direct-to-consumer BetterHelp offering. This move signals Teladoc’s continued expansion of its behavioral health […]
This is an exclusive BHB+ story There was a time when tech companies thought they could solve every problem in the world with an app. And that applied to health care, too. I couldn’t help but chuckle when the “unfortunate” friend in the new HBO movie Mountainhead was seeking funding for his meditation platform. I […]
LifeStance Health (Nasdaq: LFST) has and will continue to see its administrative expenses remain relatively high as it invests in initiatives and systems, previously deprioritized during its rapid expansion through a flurry of mergers and acquisitions, which enabled it to become one of the largest providers of outpatient mental health services in the U.S. Top […]
This is an exclusive BHB+ story The impact of the Change Healthcare hack is not just a distant echo in the behavioral health industry. The reverberations of this seismic event are still felt through industry today. On top of the direct impact of the Change Healthcare hack, 15 months or so of hindsight have revealed […]
Applied behavior analysis-focused software provider Passage Health has raised $8 million in a Series A round. The New York City-based startup landed investment from the San Francisco-based B2B software venture capital firm Telescope Partners. Passage Health will use the infusion of cash to fund product development, hiring and a push to expand its reach nationwide. […]
Behavioral health software company Dazos has secured a $25 million Series A investment from the B2B software growth capital firm Radian Capital. Dazos President and co-founder Louis Devaleix exclusively told Addiction Treatment Business that behavioral health’s unique nature requires industry-specific software tools. He argued that generic business-enablement services require operators to spend too much time, […]
This is an exclusive BHB+ story Therapists of 2025 have turned to an unlikely new coach: artificial intelligence. More behavioral health providers are using AI to help train and provide real-time feedback to therapists — not to replace clinicians. Within the behavioral health space, AI is being leveraged for avatar-training scenarios and pointing out therapist […]
Earlier in March, rumors swirled that applied behavior analysis (ABA) software company CentralReach was on the market and seeking a $1 billion valuation. Those rumors have quickly turned into reality. Roper Technologies Inc. (Nasdaq: ROP) announced Monday that it has reached a definitive agreement to buy CentralReach from Insight Partners for a net purchase price […]
Technology giant Apple (Nasdaq: AAPL) announced that it is narrowing in on the intersection of technology, physical health and mental health. The Cupertino, California-based company announced on Wednesday that it is launching a new study in collaboration with Brigham and Women’s Hospital to investigate technology’s role in improving physical health, mental health and “overall wellbeing.” […]
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