What Transcarent’s $621M Acquisition of Accolade Means for Behavioral Health

Digital health platform and investor darling Transcarent has acquired Accolade (Nasdaq: ACCD), a personalized health and benefits company that offers virtual-first integrated care, including behavioral health services. Transcarent announced on Wednesday that it would acquire Accolade for $7.03 per share in cash, a total equity value of approximately $621 million. The artificial intelligence (AI)-forward companies […]

Transcarent’s New Behavioral Health Service Promises Members Therapy Appointment Within 3 Business Days

Transcarent, a digital platform for self-insured employers and their employees, announced a new behavioral health service which offers members virtual and in-person care options. Specifically the company is looking to cut down on how long its members have to wait to see a mental healthcare provider. Using this new service members will be able to […]

Brightline Hauls in $72M in Funding, Plans to Expand

Brightline — which provides virtual behavioral health assistance to children, teenagers and families — announced Wednesday that it has results from a new funding round and will be expanding its offerings. The Palo Alto, California-based company pulled in $72 million in a pre-emptive Series B funding round led by GV (formerly Google Ventures), along with […]