How CareBridge Won Over Investors, MCOs in $140M Funding Round

CareBridge, a Nashville, Tennessee-based tech and telehealth startup, is tackling one of the hardest challenges in health care. And the moxie it takes to do so — and do so while taking on financial risk — has helped it woo investors to the tune of $180 million over two funding rounds. The latest funding round […]

Despite Tele-Behavioral Health Adoption, Mental Health ED Visits Surpass Pre-Pandemic Volumes

Despite the uptick in tele-behavioral health adoption during the pandemic, in 2021 emergency departments continued to see a rise in volume for mental health conditions. “Based upon fundamental economic principles, telehealth is only a viable ‘substitute good’ for behavioral health,” Chief Research and Market Strategy Officer Sanjula Jain wrote in a new report from Trilliant […]

Spring Health’s New VP: Value-Based Care Arrangements Take Appetite, Capabilities from Payers

Fueled with a technology platform, recent leadership additions and the ability to provide outcomes data, Spring Health is continuing to move into the value-based care space. The New York-based company recently hired Headspace vet Todd Hill as its new senior vice president of payer strategy. Spring Health’s focus on outcomes and removing waste in health […]

Osmind Raises $40M to Scale Mental Health Treatment, Research EHR

Public benefit corporation Osmind Inc. announced Tuesday it completed a $40 million Series B funding round. The San Francisco-based startup will use the funding to further develop its electronic health record (EHR) technology for mental health research and treatment, advance research with new partners, and double the size of its workforce, according to a news […]

All-In-One Therapist Accounting Platform Heard Technologies Lands $10M Investment

Digital mental health startup Heard Technologies Inc. has secured $10 million in Series A funding, according to the company’s CEO. First reported in Axios Pro, the San Francisco-based bookkeeping and tax help software and service provider specializing in helping therapists manage their own offices more efficiently. The company provides solo providers and group practices software […]

Cerebral CMO Responds to Backlash Over the Company’s Prescribing Practices

Over the last two months, digital mental health unicorn Cerebral has faced a wave of negative media attention. At the crux of these stories are the company’s prescribing practices, particularly its approach to prescribing controlled ADHD substances. At the American Telemedicine Conference in Boston, Cerebral CMO Dr. David Mou sought to clear the air and […]

Walmart Integrates Behavioral Healthcare into New Virtual Diabetes Program

Walmart is incorporating behavioral healthcare into its new virtual diabetes care program. Delivered via the retail giant’s telehealth subsidiary MeMD, the diabetes program is pitched as a tool for employers and payers to help members manage their diabetes. Program participants meet with a medical provider, who can assess a patient’s medical and nutritional history, as […]

Biden’s National Drug Control Strategy Prioritizes Digital Therapeutics Reimbursement for Substance Use

The Biden Administration is encouraging new digital therapeutics reimbursement strategies in both the public and private sector as part of its National Drug Control Strategy report. In the plan the White House pitches digital therapeutics, evidence-based treatments delivered through software interventions to treat or manage a condition, as a potential tool to help expand access […]

48% Of Telehealth Claims Were for Behavioral Health in 2020

Behavioral health conditions in 2020 accounted for almost half of all telehealth visits in the U.S. as the country began its sojourn through the coronavirus pandemic. At that time, the behavioral health industry appeared to shift even further toward telehealth adoption and utilization even though behavioral health made up the largest share of all telehealth […]