Headway has announced its national expansion through partnerships with over 25 payers across the country. The digital behavioral health company’s payer partners, Evernorth, Cigna and Blue Cross Blue Shield of Massachusetts, plan to go live with Headway in all 50 states and D.C. Headway works with payers to help their members connect to mental health […]
More than 80% of mental health provider listings on Medicare Advantage (MA) directories are inaccurate or unavailable. That’s according to a recent secret shopper study conducted by the Senate Committee on Finance. These inaccurate provider directories, also known as “ghost networks,” can cause patients to get pinned down by large out-of-pocket bills and clinicians to […]
Payers have increasingly pushed for measurement-based care, but experts question whether the behavioral health industry has the tools to broadly implement the practice. Measurement-based care, in which clinical data is collected throughout treatment, may increase the likelihood that a patient receives evidence-based care. Implementing the practice requires a whole-person approach that includes contextualization and cultural […]
Patient-matching platform Headway Health has announced a $125 million Series C funding round. The round, led by Spark Capital with participation from Accel, Thrive Capital and Andreessen Horowitz, brings the company’s total valuation to more than $1 billion. The New York-based company plans to use the new capital to build out its technology and tools. […]
Digital behavioral health company Headspace has announced a $105 million debt financing round from Oxford Finance. The Los Angeles-based mental health provider said the new financing will enable it to be opportunistic in investing in areas where there is a market need. “For instance, we’re hearing demand from our customers, health plan partners, and members […]
Mental Health platforms are the fastest-growing type of marketplace company in the country. That’s according to the fourth Andreessen Horowitz (a16z) “The Marketplace 100” report, a ranking of the tech companies facilitating commerce, often termed platform companies. “The fastest growing category? Mental health, by a long shot,” the report reads. The report finds that mental […]
Headway is expected to get a new $100 million investment from Spark Capital, Thrive Capital, Andreessen Horowitz and Accel. That’s according to a new report from Bloomberg News, citing sources “familiar with the matter.” The new infusion of capital would put Headway’s valuation at more than $1 billion, making Headway the first digital behavioral health […]
Headway, a startup that matches patients to mental health clinicians, is expanding its leadership team with a new chief of strategy and head of medical and clinical strategy. Startup vet Matt Hackett will be responsible for leading product, design and research at Headway in his new role as chief strategy officer and head of product. […]
The New York City-based health tech company Headway has expanded its therapist connection platform to California. The company acts as a go-between for payers, providers and patients. It partners with health plans to supply mental health practitioners with a suite of tech services to alleviate providers’ administrative burdens and make it easier for patients to […]
CareFirst BlueCross BlueShield is teaming up with Headway, a company that matches patients to mental health clinicians, on a new initiative designed to help members more easily find behavioral health providers. The partnership is reflective of the payer-startup collaboration happening in the mental health space. Like many of these partnerships, this initiative is focused on […]
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