Daybreak Health — a startup that partners with school districts to provide children with virtual mental health services — recently closed a $13 million Series B funding round. The company has partnered with more than 60 public school districts since it began providing care in 2019.
CVS Health invested $25 million in Array Behavioral Care, a provider of virtual mental health care. Last year, Array’s clinicians had more than 400,000 encounters with patients.
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The Series B funding round was led by DFJ Growth. Osmind helps the medical community administer treatments, and track and study the effectiveness of those treatments for 14 million U.S. patients living with moderate and serious mental illness, according to the company.
The San Diego-based behavioral health medical group announced Wednesday that it has raised $42 million in Series B financing led by Define Ventures. The company currently partners with primary care, pediatric care and women's health groups in 11 states to integrate mental healthcare.
The combined entity will be known as Providence St. Joseph Health and will be the third-largest nonprofit health system in the country.
The Affordable Care Act is expected to save Michigan hundreds of millions of dollars annually in mental health costs, but there’s a growing dispute over whether the money should be immediately reinvested in mental health programs, or banked. As part of major changes associated with the health care overhaul, also known as Obamacare, Michigan opened […]
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