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, […]
Forge Health announced Thursday it raised an undisclosed amount of funding from MFO Ventures. The new capital will go to expanding the White Plains, New York-based outpatient addiction treatment and mental health provider’s platform. Specific initiatives include integrating virtual care, enhancing outreach efforts and adding new payer partnerships. “Together, we aim to revolutionize how behavioral […]
Behavioral health dealmaking will likely pick up in 2024 but initial public offerings (IPOs) may be noticeably absent. The private market — especially private equity investors and their platforms — has more than enough capital and motivation to do deals, making this year a compelling time for exits and trades. Still, experts tell Behavioral Health […]
Staffing is no longer the top issue facing behavioral health operators. Providers are now projecting that reimbursement and payment will be the biggest challenge for the industry in 2024. That’s according to a new Behavioral Health Business Survey, which included responses from 404 professionals who identified as working for organizations providing treatment for behavioral health, […]
After an explosion of investment in 2021, behavioral health startups have faced a slowdown in venture capital funding over the last year. Despite past challenges, many venture investors continue to see significant opportunities in the behavioral health sector, anticipating substantial changes as innovative payment models and maturing companies help this market evolve. The long-awaited consolidation […]
To address rising youth mental health needs, public agencies are partnering with digital behavioral health companies to expand access to support services. For public entities, including schools and health departments, it’s a way to offer behavioral health access at scale. These public-private partnerships can be mutually beneficial, expanding the reach of digital behavioral health providers […]
Psych Hub, a Nashville, Tennessee-based mental health education startup, has raised $16 million in a funding round co-led by HC9 and Frist Cressey Ventures. Announced Thursday, the cash infusion will help Psych Hub add therapist matching capabilities. The to-be-launched Psych Hub Connect will match potential patients to in-network practitioners that are trained in evidence-based interventions […]
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