Mental health benefits manager Lyra Health will provide all Starbucks (Nasdaq: SBUX) employees and eligible family members with up to 20 sessions per year with therapists and coaches starting April 6. The Seattle-based coffee giant announced the move Monday. All sessions will be free of charge to users. Burlingame, California-based Lyra provides similar services to […]
Category: Technology
CVS Health (NYSE: CVS) is expanding its efforts to fight the opioid epidemic and will make social determinants of health a bigger part of the equation. The Woonsocket, Rhode Island-based pharmacy and health care company is partnering with social care coordination company Unite Us to expand the resources of CVS’s program aimed at combating opioid […]
Burlingame, California-based Lyra Health, a behavioral health benefits provider for employers, has raised $75 million in its latest funding round, the company announced Wednesday. The Series C funding round was led by IVP, a late-stage venture capital and growth equity firm. Existing funders and new investor Meritech Capital Partners also contributed. The new money supplements […]
Patients recovering from eating disorders may benefit when traditional treatment is supplemented with the use of apps, a new study reports. The results, which were published by the American Journal of Psychiatry, could be of interest to eating disorder recovery providers looking for assistance in delivering better patient outcomes. For the study, researchers followed 225 […]
As telehealth services become a more widely available and accepted form of treatment, providers may find it useful in treating pregnant women battling opioid use disorder (OUD). In fact, OUD telemedicine treatment can be just as productive and successful as treatment patients might otherwise get in a clinic, new findings suggest. The study was published […]
A care optimization platform that helps patients, providers and health plans navigate substance use disorder (SUD) has raised $15 million in Series C funding. The money will be used to accelerate axialHealthcare’s expansion into the SUD treatment and recovery sector, according to a press release announcing the news. Oak HC/FT, .406 Ventures, BlueCross BlueShield Venture […]
In America today, the need for more substance use disorder (SUD) interventions is clear. In 2017, more than 70,000 people died from drug overdoses, and the alcohol-related death rate was twice what it was 20 years earlier. Those statistics don’t include nearly 20 million others who did not die but still battled SUD that year. […]
Boulder Care, a digital startup that coordinates treatment services for individuals struggling with opioid use disorder (OUD), has announced $10.5 million in Series A funding. In a blog post last week on Medium, Boulder co-founder and CEO Stephanie Papes announced the funding and that the company has enlisted Greycroft Partners and Tusk Ventures to provide […]
Social media platform Snapchat, which allows users to send videos and photos that disappear shortly after they’re opened, will soon roll out a new mental health feature. While many details surrounding the feature, called Here For You, remain fuzzy, the tool could create new opportunities for behavioral health providers, a spokesperson for the platform’s parent […]
Quartet Health, a technology platform services company for behavioral health providers, has reached an agreement with Blue Cross Blue Shield North Carolina (Blue Cross NC) to establish a new value-based payment model for the Tar Heel State insurer. The goal is to ensure people get high-quality mental health care in a timely manner while improving […]
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