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 […]
The Future Leaders Awards program is brought to you by Behavioral Health Business, a WTWH Media health care brand. The program is designed to recognize up-and-coming industry members who are shaping the next decade of behavioral health, home health, hospice, senior housing and skilled nursing care. To see this year’s Future Leaders, visit https://futureleaders.agingmedia.com/. Anay […]
It’s no secret that patients with serious mental illnesses (SMIs) are costly to care for and have significantly worse outcomes than their peers. But value-based care models could enable providers to get creative in caring for these patients, leading to better outcomes and lower costs. Specifically, the value-focused model could allow providers to use wrap-around […]
Quartet shakes up its leadership team with a new CEO, COO Digital behavioral health company Quartet Health has named Christina Mainelli its next CEO. Mainelli, who previously served as the company’s COO and president, will take the reins from Puneet Singh. Meanwhile, a former senior vice president at Quartet, Anay Patel, will move into the […]
Digital behavioral health company Quartet Health has launched a new virtual clinic focused on treating patients with moderate and serious mental illness (SMI). The new clinic employs an integrated approach to care and uses multidisciplinary teams to treat patients. Teams include psychiatric nurse practitioners, licensed clinical social workers, nurse case managers and patient care coordinators. […]
Payers appear to be at the forefront of standardizing value-based care. But they still share the reins with other major forces in behavioral health, especially in the outpatient mental health space. Until the industry settles on standards, the value-based care negotiations are likely to produce reimbursement arrangements that are one-offs or otherwise unique. On the […]
The behavioral health industry has seen a large number of funding deals in 2021. Behavioral Health Business has put together a collection of the largest funding rounds in behavioral health to give you a better idea of who those companies are. Spring Health Hits $2B Valuation After New $190M Funding Round Behavioral health benefits company […]
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 […]
Quartet Health Inc. raised $60 million in a funding round that was led by the Philadelphia-based insurance company Independence Health Group. The New York City-based behavioral health technology company announced Thursday that existing investors GV and Oak HC/FT also joined the round, which brings the total amount raised to $222 million since 2014. The new […]
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