Northwell Health Invests $10M into Pediatric Virtual Behavioral Health Provider Brightline

Pediatric behavioral health provider Brightline scored an additional $10 million in funding from health care organization Northwell Health. This brings the company’s total Series C raise to $115 million. Its overall fundraising total rises to just under $220 million. Founded in 2019, Brightline uses multidisciplinary care teams to deliver virtual behavioral health care to children, […]

Provider Partnerships Put Outcomes Data in the Spotlight for Behavioral Health Companies

The rate of childhood ADHD diagnosis is on the rise. The most common developmental disorder, it impacts 9.4% of all U.S. children.  Research institutions are looking to the startup industry to help piece together solutions for this growing patient population. One of those partnerships is between Boston Children’s Hospital and digital health startup Happitech. The […]

​​Adult Adderall Prescriptions Outnumber Formal Diagnoses

The number of Adderall prescriptions has spiked for Millennial patients during the COVID-19 pandemic. In fact, Adderall prescriptions for adults ages 22 to 44, have jumped by 15.1% from Q2 2020 to Q2 2021. That’s according to a new report by Trilliant Health, which shed light on the use of Adderall, a stimulant used to […]

PE Firms Take Note of Increasing Demand for Autism Services

Better awareness and detection of autism has tripled diagnosis rates over the last 15 years, causing private equity investors to take note.  Of late, the market has seen a recent spate of private equity deals in the autism and Applied Behavioral Analysis (ABA) therapy space. That follows a stalling out of investment in the autism […]

Circulo Health Cuts Jobs in Medicaid Business, Doubles Down on Home-Based IDD Services

Circulo Health will lay off about a third of its workforce, effective immediately, as it narrows its strategic focus. Going forward, the Columbus, Ohio-based startup will be a tech-backed home- and community services (HCBS) provider, mothballing its Medicaid health plan business and its primary care clinic business. The health plan business was the company’s original concept. […]

CareBridge Lands $140M from Oak HC/FT, Group of MCOs to Expand Value-Based HCBS Model

Nashville, Tennessee-based CareBridge on Wednesday announced a $140 million funding round led by Oak HC/FT, with participation from “four of the nation’s five largest” Medicaid managed care organizations (MCOs). The home- and community-based services (HCBS) provider noted in a press release that it will use the funding to spread its value-based care model for Medicaid […]

Autism-Focused Startup SpectrumAi Lands $9M in Seed Funding

SpectrumAi has raised $9 million in seed funding to help it push greater use of data in treating autism spectrum disorder (ASD). Founded in 2021, the Los Angeles-based tech startup provides session management tools and data analytics that track care quality and outcomes data for Applied Behavior Analysis (ABA) therapy providers, a leading form of […]

Frontline Healthcare Partners Reveals Second Youth Behavioral Health Investment in a Month

Frontline Healthcare Partners and Rogers Clayton partnered to recapitalize and pump growth capital into JoyBridge Kids. JoyBridge Kids, a Mount Juliet, Tennessee-based youth applied behavioral analysis practice, now plans to expand into other states. It plans to open new offices in Bentwood, Hendersonville and Murfreesboro, Tennessee in 2022. Chryssy Moor, founder of Florida Autism Center, […]

New Collaboration Between Evernorth and BHCOE Seeks to Standardize, Improve Autism Treatment Outcomes

Two leading organizations in behavioral health are teaming up to bring better quality and metrics to the autism treatment space. Evernorth and the Behavioral Health Center of Excellence will develop quality performance measures to assess the care of people with an Autism Spectrum Disorder (ASD). The two organizations said that organizations that care for people […]

Proven Behavior Solutions Lands Growth Capital From Health Enterprise Partners

Proven Behavior Solutions is primed to expand its services across New England following a strategic investment in the company. The Norwell, Massachusetts-based Autism Spectrum Disorder (ASD) treatment company announced it landed an investment from New York City-based Health Enterprise Partners but did not offer specifics in the news release announcing the deal. A request for […]