Monte Nido & Affiliates, a national eating disorder treatment provider, is under new ownership, according to a new report by Axios Pro. Denver-based health care-focused private equity firm Revelstoke Capital Partners reportedly won the bid for Monte Nido & Affiliates. The Beverly Hills, California-based Levine Leichtman Capital Partners presently owns Monte Nido. Levine Leichtman first […]
Category: Treatment Type
Yet another company that uses psychedelics to treat mental illness is moving into the U.S. market. In June, Vancouver, Canada-based Numinus Wellness (TSX: NUMI) expanded its geographic footprint into the U.S. with its acquisition of Novamind, a mental health company specializing in psychedelic medicine. Novamind is headquartered in Toronto, but its clinics are located in […]
Data suggest an insatiable and growing demand for youth digital mental health services. The digital mental health sector will reach $26 billion by 2027 and has already seen a 15x rate of growth over the past 4 years, according to a new report by Telosity by Vinaj Ventures. Vinaj Ventures, the early-stage investment arm of […]
The U.S. still has a long road ahead of it before reaching behavioral health equity. However, public and private entities are looking to change this paradigm through innovative legislation and technological advances. These innovations focus on expanding access to care and further integrating behavioral health into the health care continuum. “You cannot achieve equity if […]
The autism therapy space got a shock to the system with hundreds of layoffs at major operators. With the demand in services growing, investors and operators have seen the autism space as a golden investment opportunity. However, this rash of layoffs reveals the opportunity in autism comes with deep-seated challenges. A severe supply and demand […]
Retail giant Amazon (Nasdaq: AMZN) is furthering its foothold in health care with the acquisition of hybrid primary care provider One Medical (Nasdaq: ONEM) for $3.9 billion. The San Francisco-based health provider will bring to the table its virtual and in-person care capabilities. This acquisition not only gives Amazon more primary care resources, but also […]
The year 2021 was a banner year for digital mental health investment. That fact is highlighted by the cliff-jump drop in investment in 2022. A new report from CB Insights shows that total investment in digital mental health for the first six months of the year totals about $1.5 billion, 40% less than the first […]
Digital mental health chatbot company Wysa has raised $20 million in a Series B funding round led by HealthQuad. This investment, which was first reported by Axios, brings the company’s total raise to just shy of $30 million. Founded in 2016 the digital health company has offices in Boston, London and Bengaluru, India. In 2021 […]
Several large autism service providers in the U.S. are undergoing a wave of layoffs and closures. Notably, applied behavior analysis (ABA) therapy services providers 360 Behavioral Health and The Center for Autism & Related Disorders (CARD) have collectively reduced their staff by the hundreds. Yet, these are not the only ABA providers considering layoffs. Social […]
Digital health startup Boulder Care solves two problems through its local provider partnership strategy. First, these partnerships get patients care that can’t be done via telehealth. Second, it helps Boulder Care deal with the potential return of in-person visit requirements to start telehealth. It has also led to most of the virtual substance use disorder […]
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