Quartet Health’s time as a standalone venture is over. The New York City-based, value-based care-focused technology and services provider has been acquired by NeuroFlow, another behavioral health-focused technology company. This deal was announced just days after the divestiture of now-former tele-psychiatry provider innoTel. That company was acquired by Iris Telehealth. “When our leadership team began […]
Iris Telehealth laid off staffers just days after it announced the acquisition of a peer organization, innovaTel. On Thursday, social media posts showed that the layoffs impacted marketing and talent acquisition middle management roles. On Tuesday, the Austin, Texas-based business-to-business telepsychiatry provider announced it had acquired innovaTel, once part of the company Quartet Health. “Iris […]
Iris Telehealth has acquired innovaTel, a now-former division of Quartet Health, in what could be the first of other acquisitions by the company. Announced Tuesday, the deal marks a notable consolidation in the health care enterprise-focused digital behavioral health space. It gives Iris Telehealth additional scale via several overlapping markets it shared with innovaTel. Before […]
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 […]
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 […]
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 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 […]
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