November 30, 2020
The back half of November saw two special purpose acquisition companies (SPACs) announce merger agreements valued at more than $1 billion.
First on the list is Butterfly Network, maker of the Butterfly iQ handheld ultrasound devices and a corresponding workflow platform. The well-funded startup will be merging with Longview Acquisition for a final valuation of $1.5 billion. The company's common...
August 6, 2020
Ginger, the San Francisco-based behavioral health startup formerly known as Ginger.io, announced today a $50 million Series D funding round. Advance Venture Partners and Bessemer Venture Partners headed the raise, which also saw participation from Cigna Ventures, Kaiser Permanente Ventures and LinkedIn Executive Chairman Jeff Weiner.
With this, the company said it has raised more than $120...
May 5, 2020
Heal, the maker of an app for booking and processing device-driven physician house calls and other virtual care services, announced today that is has launched a new telepsychology service for California residents.
Heal Teletherapy will connect Heal's users to a licensed clinical psychologist via telehealth video chat. The virtual visits will cost $69 per 20 minutes, according to the company. ...
December 19, 2019
ECG algorithm picks up Breakthrough Device status. Eko, the maker of tools for monitoring heart function, announced yesterday that a novel ECG-based algorithm for detecting lowered left ventricular ejection fraction has received Breakthrough Device designation from the FDA. By analyzing a 15-second clip of ECG data collected via the company’s other products, the algorithm aims to assist with...
December 11, 2019
Mt. Laurel, New Jersey-based InSight Telepsychiatry and Chicago-based Regroup Telehealth announced a merger of their businesses yesterday.
The resulting entity is now the largest and most comprehensive telepsychiatry service provider in the US, they said, specifically in regard to the joined company’s combined revenue, national footprint, diversity of client types, and diversity and quantity of...
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...