Mindpath Health’s new on-demand platform can connect patients to clinicians via telehealth in 16 minutes on average. Called Mindpath On Demand, the Sacramento, California-based mental health services provider released a whitepaper detailing the outcomes of a pilot it rolled out in North Carolina, one of its primary markets. In all, Mindpath On Demand tallied 2,265 […]
New York City-based hybrid mental health provider Resilience Lab has added three high-level leaders to its management team. On Wednesday, Resilience Lab announced it hired Patrick Morselli as chief operating officer, John Hamby as general manager, and Alyssa Lin as head of growth. The hires are key to the company’s expansion strategy. All three have […]
Charlesbank Capital Partners reportedly won out in an auction for the Austin-based Applied Behavior Analysis (ABA) therapy provider Action Behavior Centers LLC. Axios Pro reports that the Boston-based middle-market private equity firm reached a deal with Action Behavior Centers’ previous owner NexPhase Capital LP three weeks ago. Action Behavior Centers has an $840 million valuation […]
Several behavioral health startups have soldiered through a recent investment slowdown in the digital mental health space and secured funding. Quit Genius, Wondermind, Kona, Caraway and Wysa, for instance, have all raised venture funding within the last few weeks. During the second quarter, investment in digital mental health tumbled 53% year over year, after banner […]
Wallingford, Connecticut-based Aware Recovery Care added two new leaders to its management team. On Monday, the in-home addiction treatment provider announced it hired Dennis Fitzpatrick as its chief financial officer and Sheila Coleman as the company’s first diversity, equity, inclusion, and belonging (DEIB) leader. Both started their roles on Monday and will work closely with […]
Mental wellness app Calm is the latest digital mental health company to announce workforce reductions. Co-CEO David Ko wrote in a memo that 20% of its employees, or about 90 people, were let go, according to a report by The Wall Street Journal. The move came after Calm management reexamined the “investment thesis” behind every […]
Getting care for serious mental illness (SMI) can often be confusing and siloed. The emergency room is all too often the de facto front door for care. However, a growing number of providers across the country are looking to improve SMI care through a community-based approach. One of those companies is San Francisco-based Amae, which […]
Los Alamitos, California-based Discovery Behavioral Health has expanded into Pennsylvania with the acquisition of Brookdale Premiere Addiction Recovery. This marks the company’s 15th state market. The Scotrun, Pennsylvania-based 110-bed residential addiction treatment facility sits on a 100-acre campus in the Pocono Mountains. Opened in 2019, the facility touts its Signature Program as “the standard for high-end […]
Substance use disorder provider Delphi Behavioral Health Group has tapped Michael Borkowski as its next CEO. Borkowski initially joined the organization in 2016 as chief financial officer. A certified public accountant, Borkowski holds a bachelor’s degree in accounting and finance from Florida State University. Borkowski will be taking the reins from former CEO Matthew Feehery. […]
Akin Mental Health Inc. plans to offer family psychoeducation to the masses. Founded in 2021 by Stephanie Greer and Matthew Montañez, the company provides support to families with members who are coping with a serious mental illness (SMI). And as far as they can tell, it is the lone digital mental health company adopting family […]
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