Telebehavioral health services have become vital amid the pandemic, with social distancing recommendations prompting behavioral health providers to take things virtual. However, telebehavioral health has been a focal point for Array Behavioral Care for more than two decades. Founded in 1999, Mt. Laurel, New Jersey-based Array partners with health care providers and payers to deliver […]
LifeStance Health creates, fills new C-Suite position LifeStance Health, a private equity-backed outpatient behavioral health provider, has named Felicia Gorcyca as its first chief people officer. Gorcyca comes to LifeStance Health from TPG Capital — a Dallas-based private equity company that backs LifeStance alongside Summit Partners and Silversmith Capital Partners — where she was an […]
Ginger, an on-demand virtual behavioral health care system, has teamed up with Tridiuum, a digital behavioral health solutions provider. The ultimate goal is to help guide patients to the most appropriate level of behavioral health care. Headquartered in San Francisco, Ginger works with employers, health plans and other groups to deliver on-demand behavioral health coaching, […]
A number of digital behavioral health startups have been making waves as of late by reaching unicorn status, with Calm and Lyra Health being a couple examples. The latest digital behavioral company to join those billion dollar ranks is Modern Health, whose biggest days appear yet to be ahead. Based in San Francisco, Modern Health […]
Community Psychiatry purchases Harbor Psychologist Community Psychiatry — an growing outpatient behavioral health provider — has announced acquisition of Harbor Psychologist, Inc — which provides a range of psychiatric and psychological services to children and adults. Terms of the deal were not disclosed. Headquartered in Sacramento, Community Psychiatry provides a variety of virtual and in-person […]
Pear Therapeutics, a manufacturer of digital therapeutics for conditions such as addiction, has raised $20 million in a Series D funding round. Boston-based Pear announced the news Monday. The announcement comes after the company completed an initial Series D funding round in December, raising $80 million. An undisclosed investor, which Pear referred to in a […]
BetterUp, a virtual coaching and counseling platform for employees and businesses, has raised $125 million in a Series D funding round, bringing the company’s valuation up to $1.73 billion. Funding for the latest round — which the San Francisco-based wellness unicorn announced Thursday — was led by ICONIQ Growth. Lightspeed Venture Partners, Plus Capital and […]
Lyra Health, a digital behavioral health unicorn that helps employers connect workers with mental health services, has added new preventative, self-guided solutions to supplement its current offerings. The Burlingame, California-based company has mostly built its business around using intelligent matching technology to pair members with services available to and best suited for them. It partners […]
Ginger, a virtual behavioral health care system, has teamed up with Capsule, the nation’s largest independent digital pharmacy, to give members access to same-day mental health medication delivery. The medication management partnership is designed to improve convenience and safety for Ginger’s members, who previously had to go to a brick-and-mortar pharmacy or use their health […]
The behavioral health care industry has long been ripe for disruption, and the coronavirus could finally make it happen. In fact, health care stakeholders have identified mental health specifically as an area with some of the biggest opportunities for innovation in 2021, according to an outlook report from CB Insights. CB Insights is a market […]