Psych Hub, a Nashville, Tennessee-based mental health education startup, has raised $16 million in a funding round co-led by HC9 and Frist Cressey Ventures. Announced Thursday, the cash infusion will help Psych Hub add therapist matching capabilities. The to-be-launched Psych Hub Connect will match potential patients to in-network practitioners that are trained in evidence-based interventions […]
Category: Treatment Type
Higher acuity patients, behavioral health parity and prescribing uncertainty will continue to define addiction treatment in 2022 and beyond. That’s according to several operators queried by Behavioral Health Business. As the country begins to unwind from the several temporary measures prompted by the public health emergency (PHE), the addiction treatment space will see a new […]
Alma, a digital behavioral health company that helps providers streamline their business and work with insurers, has raised $130 million in Series D funding. This news comes just months after the startup closed a $90 million round. Alma is focused on supporting small mental health practices. It does this by helping those businesses set up […]
Bicycle Health, a virtual opioid use disorder (OUD) treatment startup, announced Thursday it joined Evernorth’s enormous behavioral health network. Evernorth, the health services business of Bloomfield, Connecticut-based health insurance behemoth Cigna Corp (NYSE: CI), now grants access to Bicycle Health’s services to all of its clients and to the Cigna employer or marketplace exchange plan […]
Outpatient mental health and autism treatment providers make up most of the behavioral health operators that appear on the latest Inc. 5000 list of the nation’s fastest-growing companies. Seventeen of the 23 behavioral health operators featured on the list of the nation’s fastest-growing companies were outpatient mental health and autism treatment providers, according to a […]
Cortica Inc. aims to emulate academic medical centers’ focus on comprehensive care offerings and science-backed autism interventions in its care model. That model calls for just a fraction of the Applied Behavioral Analysis (ABA) services that children receive in other care settings. Rather, the San Diego-based operator says it can deliver improved outcomes by offering […]
Despite Teladoc’s (NYSE: TDOC) rocky earnings reports, its mental health subsidiary BetterHelp has seen its number of active users skyrocket this year. In March of 2022, BetterHelp had just under 200,000 active users; that number has risen to nearly 350,000, according to a chart from investment research firm Hedgeye. The number of downloads has also […]
Akili Interactive (Nasdaq: AKLI), a digital therapeutic focused on cognitive impairment, hit Nasdaq Monday morning through a special purpose acquisition company (SPAC) merger with Social Capital Suvretta Holdings Corp. I. In doing so, Akili joins a growing list of digital behavioral health companies entering the public markets through SPAC mergers. The Boston-based startup created a […]
Digital mental health company Cerebral is using a machine learning algorithm to help pinpoint patients in crisis. And the recently unveiled initiative is “just the beginning” of Cerebral’s use of machine learning-enabled solutions, according to the company. “Machine learning (ML) and artificial intelligence (AI) are critical tools in the advancement of mental health care, but […]
Digital behavioral health education company Motivo Health raised $14 million in a Series A funding round led by Cox Enterprises. The Atlanta-based startup is focused on digitally connecting pre-licensed therapists to community health organizations with clinical supervisors. New therapists are able to use the platform to search vetted supervisors by state, license type and speciality […]
Sign up
Receive industry updates and breaking news from Behavioral Health Business