While it’s frequently cited that one in five U.S. adults has a mental illness, an even greater number of people will experience the symptoms of stress, anxiety or depression at some point in their lifetime. In response, more employers are stepping up to the plate to help their workers manage those conditions, offering new and […]
Middletown, Connecticut-based PursueCare has rolled out a new remote, integrated medication-assisted treatment (MAT) model for patients in Kentucky and West Virginia. PursueCare is a tech-enabled health services startup that aims to help curb the opioid epidemic. The company was founded in 2019, with investment from WRD Capital and Starboard Capital Partners, among others. For patients […]
As stigma dissipates and need grows, more people than ever before are seeking behavioral health services. To keep up with the demand, entrepreneurs are getting creative, launching innovative companies and bringing in hundreds of millions of dollars in funding. One reason for that is the growing prevalence of behavioral health conditions, from depression to substance […]
Emilio Health, a technology-enabled behavioral health startup, has raised $5 million in seed funding. Oak HC/FT provided the funding, which will allow Emilio Health to open its first clinics, launch its digital platform and grow its leadership team. Palo Alto, California-based Emilio Health launched in October, with the goal being to improve the way behavioral […]
Digital behavioral health company NeuroFlow has raised $7.5 million in series A funding. The money brings total funding raised up to about $11 million, according to the funding tracker website Crunchbase. The latest round was led by Builders VC, with participation form Dreamit Ventures, Spring Point Partners, Red & Blue Ventures and AWT Private Investments. […]
Motivo, a tele-supervision platform that helps mental health workers get licenced, has raised $2.2 million in seed funding. Atlanta-based Cox Enterprises led the funding round, with participation from Techstars, SEI Ventures, ECMC, Great Oaks VC, The Jump Fund, Emmett Partners and Next Wave Impact Fund, along with various angel investors, according to a press release […]
Telehealth is often lauded as the answer to a common problem plaguing many sectors within the health care industry: a shortage of qualified workers. That’s especially true in behavioral health care, where treatment doesn’t always require a physical examination. In fact, behavioral health care often dominates the telemedicine field. Take Michigan, for example: NPR reported […]
Telehealth services are becoming increasingly accessible for behavioral health providers and the patients they serve. However, regulatory barriers continue to prevent the technology from becoming more widespread. All 50 states and the District of Columbia now provide some degree of coverage for telehealth services for their Medicaid members, according to the latest Telemental Health Laws […]
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 […]
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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