Virtual Suicide Prevention Provider Vita Health Raises $22.5M

Suicide prevention provider Vita Health has closed a $22.5 million Series A funding round. This comes just over a year after the company raised $8.38 million in Seed funding. The New Haven, Connecticut-based provider offers specialized suicide prevention care via telehealth. The provider focuses on caring for teens and young people. It also provides teletherapy […]

Driven by ‘Urgent Need’ Payers, Providers Take Action to Integrate Behavioral Health Into Women’s Health Care

For many women, an OB-GYN clinician is the physician they see most often. Women often visit their OB-GYN during vulnerable periods of life, including adolescence, pregnancy, postpartum and the menopausal transition, which can trigger bouts of depression or anxiety.  The integration of behavioral health and women’s health care has become more common as OB-GYNs encounter […]

Talkspace To Make Long-Held Medicare Expansion a Reality in 2024

Talkspace Inc. (Nasdaq: TALK) continues to push into new payer partnerships and new patient populations by announcing that it will serve traditional Medicare and Medicare Advantage members. The move marks yet another level of progression in the New York City-based tele-mental health company’s evolution into a company that generates business by working with enterprises that […]

Top Behavioral Health Trends for 2024

After a tumultuous 2023, 2024 may be a steadier year for the behavioral health industry. While behavioral health deals slipped in 2023, Behavioral Health Business expects M&A to pick up this year as interest rates fall and the economy stabilizes. Still, the M&A craze of 2021 is unlikely, and mega deals will be scarce. This […]

Digital Mental Health Startup Tava Health Lands $16M 

Virtual mental health company Tava Health recently secured $16 million in fundraising, according to SEC filings. The company is seeking another $4 million to button up the funding round.  Salt Lake City, Utah-based Tava partners with employers to provide virtual, evidence-based mental health care to employees. Tava has worked with companies including Chatbooks, Lucid Software […]

Private-Public Partnerships Offer Behavioral Health Providers Instant Patient Population

To address rising youth mental health needs, public agencies are partnering with digital behavioral health companies to expand access to support services. For public entities, including schools and health departments, it’s a way to offer behavioral health access at scale. These public-private partnerships can be mutually beneficial, expanding the reach of digital behavioral health providers […]

Top Behavioral Health Stories of 2023: Bankruptcies, ‘Ghost Networks’ Shake the Industry

2023 has been a tumultuous year for the behavioral health space. Macroeconomic headwinds, including rising interest rates plus unrest in Eastern Europe and the Middle East, has slowed dealmaking. Additionally, many providers have struggled to raise more capital as investors tighten their purse strings. At least two major companies in behavioral health care have filed […]

Headway Scales Nationally Via Payer Partners

Headway has announced its national expansion through partnerships with over 25 payers across the country. The digital behavioral health company’s payer partners, Evernorth, Cigna and Blue Cross Blue Shield of Massachusetts, plan to go live with Headway in all 50 states and D.C.  Headway works with payers to help their members connect to mental health […]

Talkspace Prioritizes Women’s Health in New Deal With Evernow

Virtual mental health company Talkspace (NASDAQ: TALK) is zeroing in on women’s health through a new partnership with digital menopause care organization Evernow. As part of the agreement, Evernow’s members will have access to free mental health resources on Talkspace, specifically self-guided therapy sessions with relevant information for those experiencing perimenopause and menopause. These sessions […]