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 […]
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 […]
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