Modern healthcare is an intricate dance between quality and quantity.
Payers and insurance providers want better patient outcomes due to the high cost of poor health, while health providers want to ensure their patients aren’t overlooked and are appropriately cared for.
To understand how we can satisfy the needs of both patients and payers, we’ll have to take a step back and look at the relationship between payer communities and telehealth services.
Behavioral
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Behavioral Health | News, Analysis, Insights - HIT Consultant
Valera Health Secures $45M to Increase Mental Health Access for High Acuity Patients
What You Should Know:
Valera Health, a virtual mental health provider serving high acuity patients raises $44.5M in growth equity raise led by Heritage Group.
The round also included participation from Cigna Ventures, Horizon Healthcare Services and existing investors, which include Windham Ventures, AXA Venture Partners, Aquiline Technology Partners, Trinnovate Ventures (BCBS AZ), Figure Eight Investments, Watershed VC, and Alsora Capital.
Care that is comprehensive, inclusive, and
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Color Acquires Mood Lifters, Launches Behavioral Health Product
What You Should Know:
- Color Health acquires Mood Lifters, a leading group-based mental health company and launches a new behavioral health product. The new solution will expand access to mental healthcare for organizations tackling public and population health.
- Mood Lifters uses an evidence-based treatment paradigm developed by Dr. Patricia Deldin and Dr. Cecilia Votta at the University of Michigan. Crucially, groups are led by participants who have
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JPMorgan Chase Launches 3 Advanced Primary Care Centers
What You Should Know:
- Vera Whole Health announced a collaboration with Central Ohio Primary Care (COPC) and JPMorgan Chase & Co. to launch three new on-site advanced primary care centers across the company’s Columbus offices.
- These new centers provide a full suite of comprehensive in-person and virtual health and wellness services for more than 20,000 JPMorgan Chase employees. Vera and COPC will provide the same advanced primary care services at two near-site care centers to
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Payers Must Increasingly See The Consumer As The Customer
Last year, the average annual premium for employer-sponsored family health coverage rose 4% to $22,221—including employer and worker contributions—according to the Kaiser Family Foundation. While employers are most often the ones selecting the health plan options and insurance for employees, the worker is the one who is left to navigate the healthcare continuum (including their true cost of care). In a recent study, 96% of patients indicated that the quality of their financial experience
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NeuroFlow Secures $25M for Behavioral Health Integration Platform
What You Should Know:
- NeuroFlow, the market leader in behavioral health integration technology, has secured $25 million in growth capital, led by SEMCAP Health.
- With SEMCAP Health as a new strategic partner and investor, the company will continue to expand its groundbreaking referral network and deepen its relationships with payors and providers, determined to identify and triage individuals with behavioral health needs across the spectrum of care
Accelerating
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FOLX Health Raises $30M, Launches Expert-Led Support Groups for LGBTQIA+ Community
What You Should Know:
- FOLX Health, the first digital healthcare service provider designed by and for the medical needs of the LGBTQIA+ community, today announced $30M in new financing led by 7wireVentures, with participation from new investor Foresite Capital and existing investors, including Bessemer Venture Partners, Define Ventures, and Polaris Partners.
- Lee Shapiro, Managing Partner of 7wireVentures and former Chief Financial Officer of Livongo Health, will join FOLX Health’s Board
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Aetna Taps Emcara Health to Deliver Home-Based Primary Care to 240k Medicaid Patients
What You Should Know:
- Emcara Health and Aetna Better Health, which announced that the two companies will be partnering to deliver primary care in the home to more than 240,000 Medicaid patients in the Miami/Dade and Tampa, Florida regions.
- The relationship extends Emcara Heath’s comprehensive primary care model – which includes behavioral health and social determinants of health assessments – to adult Aetna Medicaid members.
Partnership
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Grow Therapy Raises $75M to Expand Insurance Coverage for Mental Healthcare Nationwide
What You Should Know:
- Behavioral health company, Grow Therapy secures $75 million in series B funding to expand insurance coverage including Medicare and Medicaid in all 50 states.
- This round of funding was led by TCV, co-led by Transformation Capital, with support from existing backers SignalFire and SVB.
Medicare/Medicaid Coverage Expansion
Specifically, the areas that the company will focus on are: expanding commercial insurance and Medicare and Medicaid coverage (which are
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Rippl Launches with $35M to Transform Mental Health for Seniors
What You Should Know:
- Rippl, a new mental health startup focused on caring for seniors with dementia and other neurocognitive conditions, launched today with $32M in seed round funding led by ARCH Venture Partners and General Catalyst. The round also includes investment from GV, F-Prime Capital, and Mass General Brigham Ventures.
- Rippl will use its seed funding to hire and train a team of clinicians, build technology, and open a Washington state-based clinical support center to launch
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