This is an exclusive BHB+ story The American dream was once made up of health benefits, paid time off and the promise of a secure retirement. Prompted by the Great Recession of 2008, Millennials (which, as my side part may reveal, I count myself among) disrupted the status quo with the gig economy. During my […]
This is an exclusive BHB+ story With economic volatility in full swing, consumers are tightening their purse strings. That means fewer dinners out, vacations abroad – and maybe even therapy sessions. This could hit especially hard for cash-pay providers who rely on their clients’ financial well-being to stay afloat. Folks often pull back on expenses […]
Hybrid mental health provider Two Chairs is adding psychiatry to its service line. This new expansion will allow patients to receive integrated therapy and psychiatry services in one place. The startup said the service integration will provide patients a more cohesive care experience while offering faster access to psychiatric services and addressing psychiatry’s long-standing waitlist […]
Two Chairs and SonderMind have announced landmark expansions of their respective market footprints. The two venture capital-backed outpatient mental health companies have raised tens of millions of dollars to establish tech-enabled in-person and virtual operations, all within a broader, years-long movement of investor-driven expansion, consolidation and business infrastructure investment. On Tuesday, Denver-based SonderMind announced it […]
Maturing behavioral health startups often look at three paths for scaling: de novo growth, M&A, or new partnerships. Each pathway to growth has its pros and cons. For example, acquisitions may bring new capabilities, clinicians, and a client base to the table. However, merging new companies means integrating new systems and work cultures. “[M&A] is […]
2024 was a year of slow progression for the behavioral health industry as it moved towards the new normal after multiple years of disruption brought on by the COVID-19 pandemic. Conversations about value-based care continued to dominate the space. However, most providers remained dependent on the traditional fee-for-service model. M&A in behavioral health was sluggish […]
After a relatively quiet 2024, executives expect to see some changes in the behavioral health industry next year. For starters, M&A, which was relatively slow in 2024, is set to pick up as a new administration that many have dubbed more “business friendly” takes the reins. While this consolidation will likely look different from the […]
The San Francisco-based hybrid mental health startup Two Chairs has raised $72 million in a Series C equity and debt funding round. Led by the firm Amplo, the funding round also included Fifth Down Capital and other unspecified investors. Other investors that participated in the previous funding round included Goldcrest and Maveron. In total, the […]
Digital behavioral health platform Two Chairs is looking to address access challenges and scalability with new group therapy and care navigation offerings. Many providers and payers are turning to group therapy as a way to help more patients access care amid a behavioral health clinician shortage. Still, the main focus of many providers is on […]
San Francisco-based hybrid mental health provider Two Chairs is leveraging a recently acquired national contract with Aetna to expand its footprint in Florida, one of the largest states in the nation and its first East Coast market. Two Chairs CEO Alex Katz told Behavioral Health Business that the expansion to the third-largest state in the […]
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