This is an exclusive BHB+ story The classic saying “cast a wide net” may be true with fishing, but some behavioral health providers are finding a narrower approach pays dividends. Providers are finding more ways to stand out in an increasingly competitive industry. Targeting a niche population may be one way to do so – though […]
Fort Health
This is an exclusive BHB+ story Once investor darlings, budding behavioral health companies have found it more difficult to raise funds over the last two years. In 2021 and 2022, venture dollars were flowing freely into the space. Rock Health reported that investors poured a staggering $4.9 billion into behavioral health in 2021. In comparison, […]
The digital behavioral health sector has seen a dearth of venture funding. And what funding is available has been especially hard to get since the peak of digital behavioral health funding in 2021. The year 2024 reiterated essential lessons for digital behavioral health companies seeking funding as total funding amounts lingered near the bottom of […]
2024 was a year of slow progression for the behavioral health industry as it moved towards the new normal after multiple years of disruption brought on by the COVID-19 pandemic. Conversations about value-based care continued to dominate the space. However, most providers remained dependent on the traditional fee-for-service model. M&A in behavioral health was sluggish […]
After a relatively quiet 2024, executives expect to see some changes in the behavioral health industry next year. For starters, M&A, which was relatively slow in 2024, is set to pick up as a new administration that many have dubbed more “business friendly” takes the reins. While this consolidation will likely look different from the […]
Once a rarity, digital behavioral health companies are now an established part of the industry’s ecosystem. However, as this subsector of behavioral health begins to mature, many startups face a number of growing pains, whether it is garnering enough investor dollars to stay afloat or developing contracting strategies with employers. I don’t see these hardships […]
Virtual pediatric behavioral health provider Fort Health is executing its partner-first, expand-after strategy, securing a round of funding while landing a new payer partnership. The New York City-based provider raised a $5.5 million round led by venture capital firms Twelve Below and Vanterra, Fort Health exclusively told Behavioral Health Business. The funds will be used […]
Rates of behavioral health conditions among children and adolescents have skyrocketed in the wake of the COVID-19 pandemic. But, finding appropriate care can be challenging for pediatric patients and their caregivers. Partnerships between pediatric behavioral health providers and primary care practices could be one way to improve care integration in the future. “Three out of […]
Rates of pediatric behavioral health conditions have skyrocketed in the wake of the COVID-19 pandemic. As a result, the federal government has poured hundreds of millions of dollars into pediatric mental health services. Last year, the Biden administration pledged nearly $300 million to expand mental health services in schools, for instance. Still, addressing the youth […]