Virtual pediatric behavioral health company Brightline has transformed its go-to-market strategy. The shift involves shutting down the company’s operations in 45 states, nixing its enterprise commercial functions and planning to create hybrid care models in five states. The change was also accompanied by significant layoffs announced on Tuesday. “It’s been a hard week for Brightline,” […]
Category: Digital Health
Lack of sleep can increase a person’s chance of developing hypertension, diabetes, heart attack and stroke. There’s an intrinsic link to mental health and well-being, too. Sleep loss and behavioral health conditions can lead to a feedback loop in which lack of sleep worsens behavioral health conditions, and behavioral health conditions lead to lack of […]
Digital mental health provider Talkspace Inc. (Nasdaq: TALK) is now selling its services on Amazon. Specifically, Talkspace will be offered through Amazon Health Services’ Health Conditions Programs. These programs are meant to help consumers get access to insurance-covered services that they might not otherwise be able to access. Talkspace is the first virtual behavioral health […]
A company that uses a digital platform to connect prospective patients with talk therapists announced an expansion Tuesday into all 50 states and Washington, D.C. Los Angeles-based Rula Health said that it is expanding its therapist matchmaking services across the U.S. as the company vies to “allow patients to choose the provider that best suits […]
New research shows that the number of prescriptions written for stimulants and antidepressants is on the rise. Prescriptions for stimulants increased by 37.5% from 2019 to 2022, according to a new study published in JAMA Network Open. The number of antidepressant prescriptions also increased, jumping up by 21%. An increased share of stimulant and antidepressant […]
After a year and a half of scale-backs and tempered growth, LifeStance Health (Nasdaq: LFST) is planning a return to M&A. The target for that comeback: 2026. LifeStance is still completing processes designed to improve efficiency, David Bourdon, the company’s chief financial officer, said at the 22nd Annual Morgan Stanley Healthcare Conference on Wednesday. Along […]
The allure of being a one-stop-shop for health services is waning for behavioral providers. Instead, we are seeing the rise of partnerships to help with referral pathways and provide specialty care. While there is a drive for more integrated services with a holistic approach, many providers are recognizing their limitations, particularly in the digital space. […]
A mental health chatbot company led and backed by high-profile figures in the venture capital world has secured multiple rounds of funding. New York City-based Slingshot AI reportedly raised a $30 million funding round led by Andreessen Horowitz, one of the largest and most prominent venture capital firms in the world, and an undisclosed “fast-follow […]
BeMe Health has raised $12.5 million in anticipation of a Series A round. The Miami, Florida-based teen-focused digital mental health provider announced Thursday that the funding comes from growth capital investor Hesperia Capital. “BeMe takes a different approach to the mental health issues faced during this formative stage of life and is laying the groundwork […]
Virtual mental health provider Talkspace (Nasdaq: TALK) is stepping into the unknown as it doubles down on its efforts to work with more government payers, such as Medicare and TRICARE. On Tuesday, top executives at the company said that it doesn’t yet have a solid idea, beyond estimates, of how the economics of working with […]
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