5 Mental Health Companies to Watch in 2024

After a rocky 2023, mental health providers are considering new approaches to growth and sustainability. In the wake of the bursting venture funding bubble and cooling M&A market, providers are taking stock of their assets and looking for new revenue generation. Some providers have opted for new partnership opportunities with public entities, such as state […]

GV, Triple Aim Bet Big on New IOP, PHP Provider Guidelight

GV, formerly Google Ventures, and Triple Aim have invested in a new behavioral health provider, Guidelight, focused on intermediate levels of care. The newly launched startup offers intensive outpatient programs (IOPs) and partial hospitalization programs (PHPs). IOPs and PHPs provide a step up from traditional outpatient behavioral health offerings and a step down from inpatient […]

Guidelight Health Lands $16M for PHP, IOP Platform

A new mental health company named Guidelight Health has landed $16.35 million in funding, according to an SEC filing. The startup offers partial hospitalization (PHP) and intensive outpatient programs (IOPs) to adolescents and adults. Patients can access these programs either in-person or virtually. PHPs and IOPs provide an intermediate care alternative to traditional inpatient and […]