Cerebral Raises $300M as Valuation Hits $4.8B, Eyes Expansion and M&A

Online mental health company Cerebral announced on Wednesday that it has raised $300 million in Series C investments, bringing the total amount raised by the company to $462 million. Funding for Cerebral’s round was led by SoftBank Vision Fund 2, which is a venture capital fund of SoftBank Group. The round also drew participation from […]

Quartet Health Acquires InnovaTel to Accelerate Growth and Meet Needs of Most Complex Populations

Behavioral health solutions company Quartet Health announced that it has purchased InnovaTel Telepsychiatry, a health care platform that comprises a nationwide network of psychiatrists, psychiatric nurse practitioners and licensed clinical social workers. According to Quartet, the merger provides the foundation for a comprehensive and nationwide solution for all people, including those with complex needs. “By […]

Where Telehealth Fails to Address Psychiatrist Shortage, Collaborative Care Can Help

Telehealth is often lauded as the answer to a common problem plaguing many sectors within the health care industry: a shortage of qualified workers. That’s especially true in behavioral health care, where treatment doesn’t always require a physical examination. In fact, behavioral health care often dominates the telemedicine field. Take Michigan, for example: NPR reported […]

Telehealth Access for Behavioral Health Expands, But Regulatory Issues Remain

Telehealth services are becoming increasingly accessible for behavioral health providers and the patients they serve. However, regulatory barriers continue to prevent the technology from becoming more widespread. All 50 states and the District of Columbia now provide some degree of coverage for telehealth services for their Medicaid members, according to the latest Telemental Health Laws […]