In 2020, the COVID-19 emergency turned the behavioral health industry upside down, impacting everything from reimbursement and revenues to service delivery and demand itself. In the year ahead, the coronavirus will continue to shape the behavioral space. As such, behavioral health executives predict that technology and consolidation will take center stage in 2021. At the […]
Accolade (Nasdaq: ACCD), a personalized health and benefits solution, has announced a new care offering for mental health through a partnership with Ginger, an on-demand mental healthcare provider. The partnership will allow Accolade’s more than 1.7 million members access to Ginger’s on-demand mental health coaching, virtual therapy and virtual psychiatry, and allow them to be […]
The coronavirus has wreaked havoc on many behavioral health providers’ business models — but not Ginger’s. In fact, the COVID-19 emergency has helped validate the San Francisco-based health and wellness startup’s strategy and accelerate its goals. Ginger is a virtual behavioral health care system that partners with employers, health plans and strategic partners to deliver […]
On-demand mental health care startup Ginger has raised $50 million in Series D funding, the company announced Thursday. The funding round was led by Advance Venture Partners and Bessemer Venture Partners, with contributions also coming from big names such as Cigna Ventures, Kaiser Permanente Ventures and Jeff Weiner, the executive chairman of LinkedIn. The new […]
The nation’s behavioral health care workforce shortage has been well documented for years and is only expected to worsen over the next decade. Now, the shortfall has become even more pronounced amid COVID-19. Prior to the pandemic, 56% of Americans were seeking behavioral health assistance for themselves or loved ones, according to research co-conducted by […]
There’s no doubt about it: The coronavirus is boosting the demand for behavioral health care. That’s especially true for services that can be delivered virtually, due to how easily COVID-19 can be spread. While traditional providers have been scrambling to move to remote models and keep up with ever-changing telehealth regulations, digital behavioral health providers […]
Multiple virtual behavioral health companies are offering their services to health care workers for free amid the COVID-19 crisis. Three such providers are Headspace, Orbit Health Telepsychiatry and Ginger. Headspace, a digital provider of mental wellness, mindfulness and meditation services, announced Monday that it will provide free subscriptions for the year to American health care […]
While more and more employers are offering mental health benefits, that doesn’t always translate into opportunities for traditional behavioral health providers. Many companies opt to provide the benefits through app-based solutions that specialize in remote coaching and stress-reduction, with trendy startups like Headspace and Ginger winning business from corporate giants such as Starbucks (Nasdaq: SBUX), […]
Ginger acquires technology assets of LiveBetter San Francisco-based health and wellness startup Ginger has acquired the technology assets of LiveBetter, a free app that helps users address select mental health challenges. Financial terms of the deal were not disclosed. San Francisco-based Ginger is a virtual behavioral health care system that delivers coaching, therapy and psychiatry […]
While it’s frequently cited that one in five U.S. adults has a mental illness, an even greater number of people will experience the symptoms of stress, anxiety or depression at some point in their lifetime. In response, more employers are stepping up to the plate to help their workers manage those conditions, offering new and […]
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