Mental Healthcare

Ginger Adds Spanish to On-Demand Mental Healthcare Offering

What You Should Know: – Ginger, a provider of on-demand mental healthcare, today announced Spanish language capabilities of Ginger’s entire on-demand mental health offering. The added capabilities aligns perfectly with the company’s recent decision to commence supporting those members utilizing Medicaid (starting in certain markets). Ginger members who prefer to receive care in Spanish will …

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Teladoc Health Launches Unified Mental Healthcare Experience

What You Should Know: –  Teladoc Health announces the launch of myStrength Complete, an integrated mental health service providing personalized, targeted care to consumers in a single, comprehensive experience. myStrength Complete’s proprietary stepped care model is designed to seamlessly combine app-based tools and coaching expertise with Teladoc’s therapists and psychiatrists to ensure that consumers get …

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Q1 2021 Health IT/Digital Health PC/VE, M&A, IPOs/ SPACs Activity

The first quarter of 2021 has been one of investor optimism as the vaccine rollout continues ahead of expectations and economic activity begins to accelerate in response.  Within the Health IT industry, the already strong investment and M&A trends seen in 2020 have only accelerated.  Over the course of the quarter, we observed $7 billion in private …

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Hurdle Secures $5M for Digital Mental Health Platform for People of Color

What You Should Know: – Washington, D.C.-based Hurdle raises $5M in seed funding to accelerate its digital mental health platform for people of color. – Hurdle aims to provide an innovative teletherapy solution for employers and insurers; aims to remove barriers to mental health care for People of Color by rooting its services in evidence-based …

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Powered by Doctor on Demand, ArcBest Rolls Out Virtual Primary Care Health Plan to its 13k Employees

What You Should Know: – Publicly traded logistics company ArcBest announced its deal with Doctor On Demand to introduce its virtual-first health plan to its 13,000 employees, who are largely “essential workers” as long-haul truckers. – Employees appreciated the convenience and safety of 24/7 virtual care – from their homes, from the road – and …

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Lyra Health Reaches $1.1B Valuation After $110M Series D to Meet Demand for Teletherapy

What You Should Know: – Mental health benefits provider Lyra Health raises $110M in Series D funding, bringing its valuation to $1.1 billion. – Lyra has grown significantly in 2020. So far this year, the company has added more than 800,000 new members to the population eligible to receive Lyra benefits, bringing its total member …

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Ginger Lands $50M to Expand On-Demand Mental Health Support Platform

What You Should Know: – Ginger announces $50 Million in Series D funding to expand access to its on-demand mental healthcare system led by Advance Venture Partners and Bessemer Venture Partners; joined by Cigna Ventures and existing investors. – Company has more than tripled revenue over the past year, now brings access to on-demand mental …

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