behavioral health

By Dave Muoio 01:55 pm July 23, 2020
Consumer wellness and telehealth company Hims could be the next to throw its hat into the public markets. According to a report from Reuters, the startup is weighing a potential sale to an unnamed special purpose acquisition company (SPAC) – a "blank-check company" that uses the proceeds of an IPO to acquire or merge another business. The deal would value Hims at over $1 billion, Reuters' sources...
By Dave Muoio 03:02 pm July 22, 2020
Editor's note: This story has been updated with the timing and size of the pilot. Scottsdale, Arizona-based Magellan Health announced today that it has launched a pilot of Boston Children's Hospital spin-out Neuromotion Labs' Mightier, a biofeedback video game platform designed to help children regulate their emotions. Since June 22, the managed care company has begun supplying members with...
By Stephanie Nieman 10:56 am July 10, 2020
About the author: Stephanie Nieman is a principal at SJF Ventures based in Durham, N.C. SJF Ventures is a venture capital fund investing in high-growth, positive-impact companies across the U.S. and an active healthcare investor. The current COVID-19 pandemic and resulting need for schools and universities to close, and for families to socially distance and practice remote learning, have only...
By Dave Muoio 02:41 pm June 12, 2020
As per a new SEC filing, mindfulness and meditation app Headspace has built on February's Series C raise with an additional $47.7 million in funding, bringing the round's equity total to $100.7 million. The company told CrunchBase News, which first spotted the filing, that all of the company's lead investors from its prior rounds took part. WHAT THEY DO Santa Monica-based Headspace’s best known...
By Jonah Comstock 01:02 pm May 29, 2020
Following up on our episode from a few weeks ago, host Jonah Comstock sits down (virtually of course) with Dr. Gustavo Kinrys, medical director and vice president of mental health services at Teladoc Health to discuss findings from a recent survey on COVID-19 and behavioral health, as well as his own experiences seeing patients via telehealth during the pandemic.   Here's a release from Teladoc...
By Dean Koh 12:00 am May 19, 2020
Founded in 2015, Singapore-headquartered digital health and data analytics company Holmusk yesterday announced a $21.5 million funding round, led by Optum Ventures (OV) and Health Catalyst Capital (HCC) and included existing investors Heritas Capital and other individuals. Dr Vijay Barathan from OV and Charles Boorady from HCC will be joining the Board of Directors. Holmusk has offices in New...
By HIMSS Media 01:33 pm May 14, 2020
Telehealth of all stripes has exploded since COVID-19, but one particular subset deserves further examination: telebehavioral health, an area in which the crisis has upended the norms of supply as well as demand as the crisis take's a toll on the world's collective mental health. In this episode, host Jonah Comstock, Managing Editors Laura Lovett and Susan Morse and Associate Editor Dave Muoio...
By Dave Muoio 03:55 pm April 28, 2020
UnitedHealth Group's Optum is reportedly in late-stage talks with AbleTo regarding a roughly $470 million acquisition of the virtual behavioral-care company, according to unnamed sources who spoke to CNBC. Optum is already a stakeholder in the New York company, having provided a "significant investment" through its Optum Ventures arm back in January of 2019. At the time, Optum Ventures Principal...
By Dave Muoio 02:38 pm April 16, 2020
The FDA released new guidance on digital health devices for treating psychiatric disorders that waives several regulatory requirements – such as need to submit a 510(k) premarket notification – for the duration of the COVID-19 emergency. "Device availability may increase patient access to digital therapeutics while individuals are following 'stay at home' orders or practicing social distancing,...
By Dave Muoio 04:28 pm April 8, 2020
Easy access to (temporarily) free counseling. Consumer telehealth and mail-order prescription services Hims and Hers are dipping into the mental health wellness space. The brands kicked off new anonymized group therapy and guided meditation offerings yesterday, with the therapy sessions led by a licensed mental health practitioner. The group sessions are currently being offered free of charge in...