Maturing behavioral health startups often look at three paths for scaling: de novo growth, M&A, or new partnerships. Each pathway to growth has its pros and cons. For example, acquisitions may bring new capabilities, clinicians, and a client base to the table. However, merging new companies means integrating new systems and work cultures. “[M&A] is […]
Behavioral health providers are hungry for meaningful innovations in treatment modalities. A cutting-edge technique known as precision psychiatry could be an answer to fostering more timely and improved outcomes, experts told Behavioral Health Business. This practice, an application of the more general term precision medicine, requires significant data and technology investments, however, which could hamper […]
Behavioral health providers are increasingly using artificial intelligence (AI) to improve efficiency, personalize treatment pathways and produce outcomes. How best to develop an AI-enabled technology stack remains unclear, however. While leasing AI technology from vendors is a relatively easy path to keep up with the digital Joneses, providers with more specialized needs or those looking […]
Behavioral health providers are increasingly expanding care continuums to include teenagers and meet the growing need for age-specific care. Virtual behavioral health provider Brightside Health is the latest to do so. Announced Tuesday, its expansion into care options for teens aims to address what Brad Kittredge, founder and CEO of Brightside, calls a “teen mental […]
A small portion of Americans who have alcohol use disorder (AUD) get potentially lifesaving and effective treatment. Patients and providers alike overlook medication-assisted treatment (MAT) for AUD due to rather potent market forces. Unlike most substances for which people seek treatment, huge sectors of American society and the economy encourage the consumption of alcohol. Spirits […]
Virtual behavioral health provider Brightside Health has expanded into addiction treatment by acquiring Lionrock Recovery. The move expands San Francisco-based Brightside Health into virtual addiction treatment. Specifically, the acquisition adds a virtual intensive outpatient program (IOP) to Brightside’s fleet of services. The terms of the deal were not disclosed. It also addresses a significant overlap […]
Value-based care and parity go hand-in-hand as the behavioral health industry continues to evolve beyond the fee-for-service paradigm. The interrelatedness of the two concepts often means that progress on one indirectly impacts the other. Moving toward either comes with several hurdles that require cash to fuel efforts to surmount them. Where things stand now, patients […]
Virtual mental health company Brightside Health has landed $33 million in Series C funding. Venture firm S32 led the new round of funding, which included participation from Kennedy Lewis, Time BioVentures, Redwood Pacific, ACME, Mousse Partners, and Triventures. This comes roughly two years after Brightside Health closed a $50 million Series B funding round led […]
Psych Hub appoints new CEO Psych Hub, a Nashville, Tennessee-based mental health education startup, has appointed Scott Healy as its new CEO. Healy previously helped build Care.com, an online marketplace for child care, senior care and other family care services. Most recently, he was the general manager of health care ventures at Ascend Learning, a […]
Brightside Health, a digital mental health company, has extended its scope to include Medicare and Medicaid enrollees. In so doing, it increases its potential reach to about 100 million lives covered. The San Francisco-based startup has secured deals with several leading health plans to extend mental health and digital support services to this new population. […]
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