Boston-based Bluebird Kids Health has raised a $31.5 million funding round. The company offers integrated physical and mental health services in person and virtually. It centers its mission and growth strategy on landing value-based care reimbursement deals with Medicaid managed care organizations and commercial health plans to serve what it calls “access-starved neighborhoods.” “We believe […]
This is an exclusive BHB+ story While private equity investors are still the dominant player in traditional behavioral health care, venture firms have been making their mark on the sector, largely through digital plays. Over the past two years, there has been a lull in venture capital investments, but industry insiders are projecting that to […]
The Behavioral Health Center of Excellence’s founder passes CEO torch The Behavioral Health Centers of Excellence (BHCOE), an autism treatment accreditation body, named Anya Perea, the company’s president, its new CEO. Perea, who was educated and previously worked as a social worker, served as vice president of integrations at Refresh Mental Health before joining BHCOE. […]
Digital peer support startup Forum gets $5.3M in seed round The New York City-based startup Forum has created a digital peer support marketplace to help people through major life issues. These include addiction recovery, grief, relationship issues, career changes, chronic health conditions, loneliness and grief. NextView Ventures led the company’s $5.3 million seed round, with […]
Virtual behavioral health provider Better Life Partners Inc. has raised $26.5 million in equity and options funding, according to public documents. Founded in 2021, this is the second round of funding for the company at a time when venture capital funding for digital health is at historic lows. Better Life Partners raised $11.8 in seed […]
Boston-based InStride Health has launched with $26 million in new capital to expand its virtual pediatric behavioral health company. The launch comes as the spotlight on the mental health needs of children and young adults grows steadily brighter. Valtrius, .406 Ventures and Mass General Brigham Ventures participated in this new funding round. The former, Valtrius, […]
axialHealthcare — a Nashville, Tennessee-based substance use disorder (SUD) treatment company — has received a $75 million investment, along with rebranding itself to Wayspring. Founded in 2012, Wayspring is a value-based care solutions company that links prospective patients to providers of treatment services. Patients and providers are connected through a network of SUD treatment organizations, […]
Equip now available in Oregon and Washington The San Diego-based Equip, a virtual eating disorder treatment platform, has expanded its services to patients in Washington state and Oregon. The company is in network with PacificSource and Optum in these two states, with plans soon to accept other insurers. Equip cited the low rates of people […]
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