Prescription digital therapeutics providers (PDTs) have been pushing for recognition and acceptance in the health care sector for years. That effort got a major boost thanks to a seemingly minor administrative move from the federal government. In February, the Centers for Medicare & Medicaid Services (CMS) announced the creation of a new reimbursement code for […]
Some leaders in the virtual medication-assisted treatment (MAT) space see the opportune regulatory environment of the moment continuing post-COVID. However, virtual MAT providers were disappointed in the past by a regulatory flub at the federal level that could have secured them key flexibilities, leaving them to at least think about what might happen if current […]
Mental health startup Ahead will shut down operations. The company, officially incorporated as Abe Health LLC, posted on its website that it was no longer taking new patients as of April 14 and will stop caring for current patients on June 24. “At Ahead, our mission has always been to provide accessible, quality, and judgment-free […]
Iris Telehealth has raised $40 million in a Series B to fuel a national expansion and deepen its capabilities across its operational, clinical and technology functions. Andy Flanagan, CEO of the Austin, Texas-based telepsychiatry provider, told Behavioral Health Business the funding round allows the profitable company to accelerate its already rapid growth rate and keep […]
More people have become comfortable seeking behavioral health help either online or in person, but problems persist when it comes to minority and underserved populations. For individuals identifying as Black, indeginous and people of color (BIPOC), many have felt that mental health providers, overall, fail to address unique cultural circumstances contributing to adverse behavioral health […]
Pediatric behavioral health startup Brightline has launched a new digital coaching program for parents of autistic children. The Palo Alto-based company announced Tuesday that it has debuted its autism spectrum disorder (ASD) program to assist families with care tailored for ASD to hopefully improve their children’s lifelong health outcomes and quality of life. “Brightline is […]
Cerebral leaders say the company’s new opioid use disorder (OUD) treatment program will stand apart from an increasingly crowded virtual medication-assisted treatment (MAT) space. The San Francisco-based telemental health company announced in March that it had launched the new business line. Cerebral CEO Kyle Robertson said in a LinkedIn post that the new business line […]
Real Collaborative Inc. announced Tuesday it landed an oversubscribed $37 million Series B funding round. The New York City-based therapy provider offers a monthly subscription model for self-guided app-based programs and services. The company claims that “helping members access clinically-effective tools and resources … make mental health care an accessible, daily practice.” “The last few […]
College can be a stressful time for many young people, and these days especially so as more than 40% of students have reported having symptoms of anxiety and depression. Youth troubles are getting attention at the federal level, as the Substance Abuse and Mental Health Services Administration recently unveiled a mental health grant package that […]
Mental health remained the top area of startup investment in the U.S. digital health space in the first quarter of 2022. In the first three months of the year, mental health startups garnered about $1 billion, a total that was buoyed by the $235 million Series F funding round of Lyra Health, according to a […]
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