November 7, 2019
Telehealth giant American Well has struck a deal to acquire Aligned Telehealth, a vendor of telepsychiatry and behavioral health that services providers and payers. American Well says that this move will make it the largest enterprise telepsychiatry platform operating in the US.
At this time, the companies are not sharing any terms of the deal such as its price, official effective date or whether...
May 2, 2019
A study conducted by pharmacy and outpatient telepsychiatry provider Genoa Healthcare found that rural, Medicaid-covered behavioral health patients received quicker and more frequent care when their in-person visits were supplemented with a telepsychiatry appointment.
These results from 242-patient investigation, published in the Journal of Rural Mental Health, suggest that this hybrid approach...
April 23, 2019
Forefront Telecare, a virtual care company specifically focused on behavioral health, has closed out a Series A funding round announced earlier this year with the addition of two new investors: Tech Council Ventures and Boston Millennia Partners. They join the round’s prior investors Spring Lake Equity Partners and the Ziegler Link●Age Fund.
Forefront has sized the funding round at a total of $15...
January 4, 2019
About the Authors: Dan Gebremedhin (@dangebremedhin) is a Partner at Flare Capital Partners, a Healthcare Technology and Services focused VC Firm. He is a practicing physician at the Massachusetts General Hospital, previously served as a Medical Director at the Harvard Pilgrim Health Plan and spent time as an entrepreneur in the health IT industry.
Isobel Rosenthal (@isobelrosenthal) was a...
October 23, 2017
Mental health-focused video consultation platform LARKR has launched in the Apple App Store. The service employs state-certified therapists across the country, and supports multi-user, multi-location conferences to enable group therapy sessions.
“When I learned of the massive void leaving 60 percent of the 50 million Americans who suffer from mental illness without care, I felt compelled to...
October 18, 2017
As telehealth becomes more prevalent among US healthcare institutions, states are rolling out or modifying their laws to better define regulatory frameworks specifically affecting remote delivery of care. In fact, every state but Connecticut and Massachusetts has made substantive legal changes to how telehealth is delivered in the past year, with some taking specific actions to better define the...
October 17, 2017
Weight loss headset a crowdfunding hit. Brain-stimulating weight loss headset Modius has raised more than $1.5 million in its first Indiegogo campaign, beating its funding goal by more than 3,000 percent. Developed by Belfast- and San Diego-based Neurovalens, the wearable device aims to activate a nerve in the brain that controls appetite and, subsequently, body weight. Neurovalens plans to use...
July 21, 2015
New York City-based 1DocWay has raised $1.7 million in a round led by iSeedVC, with participation from Rock Health, which announced its share of the investment in April, Asset Management, Great Oaks Venture Capital, and Waterline Ventures.
The company, which was founded in 2011, has developed a telepsychiatry network to connect hospitals with community health centers, skilled nursing facilities,...
July 7, 2014
The Center for Medicaid and Medicare Services (CMS) has released an unpublished proposed rule that will soon lead to changes in coverage under Medicare Part B. Notably, the proposed rule will expand the range of telehealth services that can be reimbursed under Medicare.
Since 2002, CMS has acknowledged that the range of use cases for telemedicine is always changing, and has provided a mechanism...
May 12, 2014
Talkspace, a New York City-based startup offering therapy sessions via the web and mobile devices, has raised $2.5 million. Spark Capital and Soft Bank Capital participated in the round, which was the company's first. In addition, AOL President of Video Ran Harnevo will join the company's board.
The startup is trying to address a perceived problem in the mental health field: because of various...