Telehealth company Amwell (NYSE: AMWL) saw subscription revenue pop after adding behavioral health provider SilverCloud and health automation tool Conversa Health to its platform. Leaders at the Boston-based company, officially known as American Well Corp., say the success of SilverCloud, a virtual mental health provider, demonstrates the high demand for behavioral health services. It also […]
SilverCloud Health providers spend one-sixth of the time that other therapists do with their patients. Yet, it generates comparable outcomes to in-person cognitive behavioral therapy. This shows that providers can innovate with tech and care modes to become more efficient, said Dr. John Sharry, co-founder and clinical director of SliverCloud. This comes at a time […]
Amwell acquires two virtual health care companies After hinting last year at its intentions of acquiring a behavioral health startup, Amwell (NYSE: AMWL) has acquired two virtual care providers, one of which specializes in mental health. The Boston-based telehealth company announced that it has purchased SilverCloud Health and Conversa Health for a combined $320 million. […]
SilverCloud Health recently teamed up with Cerner Corporation to give more people better access to on-demand, personalized mental health tools and treatment. As part of the partnership, SilverCloud will integrate its platform into Cerner’s electronic health record (EHR). The goal of the agreement is to scale mental health treatment, lower the cost of care and […]
For years, the U.S. has struggled with a shortage of behavioral health professionals. In recent months, the coronavirus has only exacerbated the problem further: Depression and anxiety rates have risen, largely due to the isolation, death and economic hardship the COVID-19 virus has caused. To help those people and others receive care, behavioral health startup […]
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