NeuroFlow, a digital provider of behavioral health care coordination services, has been awarded a contract to have its platform accessed by midshipmen at the United States Naval Academy (USNA). Philadelphia-based NeuroFlow announced the news Tuesday. The platform will be available for the incoming fall USNA class, who will have access to a secure app that […]
Category: Psychiatric Care
Amwell acquires two virtual health care companies After hinting last year at its intentions of acquiring a behavioral health startup, Amwell (NYSE: AMWL) has acquired two virtual care providers, one of which specializes in mental health. The Boston-based telehealth company announced that it has purchased SilverCloud Health and Conversa Health for a combined $320 million. […]
The behavioral health and substance use disorder (SUD) treatment provider Summit BHC is reportedly up for auction. The private equity firms Lee Equity Partners and FFL Partners — which own controlling stakes in the Franklin, Tennessee-based company — are currently searching for a buyer, sources told PE Hub in a story published Thursday. Global investment […]
Suicide is one of the leading causes of death nationwide, with an estimated 90% percent of occurences related to potentially treatable mental health conditions. One of the nation’s leading health insurers is trying to tackle the problem head on through a partnership with an online mental health education platform. Aetna, a division of CVS Health […]
Talkiatry Raises $20M in Series A Talkiatry has raised $20 million in Series A funding, the in-network psychiatric care provider announced Tuesday. That includes $5 million led by Sikwoo Capital Partners, which was previously announced in February, as well as another $15 million led by Left Lane Capital. Relevance Ventures and Dr. Richard Park, founder […]
Digital health provider Ro — which offers online pharmacy services, telehealth and in-home care — has unveiled a new mental health platform for anxiety and depression. The New York-based startup announced the service — Ro Mind — Tuesday on its Medium page. Ro Mind was created to address the growing demand for mental health care […]
Ginger is diving into Medicaid through a new partnership with AmeriHealth Caritas District of Columbia. Under the agreement, all 110,000 AmeriHealth Caritas DC Medicaid plan enrollees will have access to Ginger’s full suite of virtual mental health services for free. The announcement comes just a few months after Ginger CEO Russ Glass shared his ambitions […]
Walmart (NYSE: WMT) is preparing to expand its health care offering into dozens of news states, according to Business Insider. Specifically, the retail giant has filed paperwork to do business in a total of 37 states, where it is interested in providing telehealth in the future, the publication reported. The move could vastly expand the […]
Universal Health Services’ (NYSE: UHS) stock price hit a 52-week high of $165.16 on Tuesday after the hospital management company beat second-quarter earnings expectations. During the successful quarter, the company saw some behavioral health labor pressures ease amid increased demand for services. “Every indicator that we have both on a … macro industry-wide basis and […]
Innovive Health had been known to clients and payers as Nizhoni Health for nearly two decades. As it heads into a new brand stage, it wants the transformation to reflect the unique type of home-based care it offers. The Medford, Massachusetts-based provider serves complex behavioral health patients, who often have comorbidities, in their homes. Its […]
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