Spring Health’s New COO to Leverage Technology, In-Person Care to Increase Profitability

Mental health provider Spring Health named Arielle Mortimer its new chief operating officer. Mortimer is an operations veteran who most recently held the COO role at Heyday, a skincare company. She previously worked as senior vice president of operations at Kindbody, a women’s wellness company that offers services including IVF, egg freezing, gynecology and fertility […]

Bridging the Gap: Behavioral Health Coaches Serve Unmet Need, But May Need Standardization 

In case you missed it, Behavioral Health Business has launched a new specialty publication for professionals in the substance use disorder space. You can subscribe to Addiction Treatment Business here: Subscribe today! The health coaching industry was initially focused on fitness and lifestyle goals but is now a common service line in the behavioral health […]

Spring Health Partners with 2Morrow to Launch New Smoking Cessation Program

Want to read more content like this? Subscribe to Addiction Treatment Business today! A new partnership between Spring Health and 2Morrow Health will bring 2Morrow Health’s behavioral-based smoking cessation program into the Spring Health platform. Almost 30 million adults in the U.S. are current tobacco smokers, and smoking employees cost employers an average of $5,800 […]

Top Behavioral Health Stories of 2023: Bankruptcies, ‘Ghost Networks’ Shake the Industry

2023 has been a tumultuous year for the behavioral health space. Macroeconomic headwinds, including rising interest rates plus unrest in Eastern Europe and the Middle East, has slowed dealmaking. Additionally, many providers have struggled to raise more capital as investors tighten their purse strings. At least two major companies in behavioral health care have filed […]

Spring Health Partners With Eleanor Health, Announces Collaboration with Highmark Health

In recent years, employers have seen substance use disorder (SUD) claims increase. New York-based Spring Health is looking to address this issue by partnering with Eleanor Health.  Spring launched its SUD program in 2021 and continued to expand its offerings, partly through partnerships with other SUD providers. The partnership with Eleanor is Spring’s latest effort […]

5 Mental Health Companies to Watch in 2023

With macroeconomic headwinds leading to declining valuations and less M&A activity, the mental health space is at a crossroads. The notoriously fragmented industry is still prime for maturation, but many companies are facing growing pains. Several companies that came onto the public market during the 2021 boom year are struggling to keep up with investor […]

Digital Mental Health Company Spring Health Raises $71M, Hits $2.5B Valuation

Digital behavioral health benefits company Spring Health has raised $71 million in a new funding round. This brings the unicorn’s valuation to a whopping $2.5 billion. New York-based Spring Health is a B2B behavioral health organization that teams up with employers and health plans to offer digital support, meditation exercises, coaching, therapy and medication. Its […]

Spring Health’s New VP: Value-Based Care Arrangements Take Appetite, Capabilities from Payers

Fueled with a technology platform, recent leadership additions and the ability to provide outcomes data, Spring Health is continuing to move into the value-based care space. The New York-based company recently hired Headspace vet Todd Hill as its new senior vice president of payer strategy. Spring Health’s focus on outcomes and removing waste in health […]