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In the rapidly evolving realm of digital health innovations, notable breakthroughs are reshaping the landscape. One of them are Headlight, a ground-breaking mental health platform, that secures $18 million to revolutionize therapy access by offering personalized support for various conditions. Another noteworthy company, Lilli, a UK-based lifestyle monitoring firm powered by AI, secures £8.2 million to bolster healthcare delivery and promote user well-being. This significant investment propels Lilli's growth trajectory, enabling individuals to place greater emphasis on their health with cutting-edge digital solutions. Meanwhile, in the femtech sector, Essence secures $600,000 to advance women's health in the workplace through AI-driven features tailored to hormonal cycles. The advancements made by these companies underscore the growing significance of digital health solutions in addressing diverse healthcare needs and fostering holistic well-being. With ongoing ground-breaking advancements and investments in the field, there's a sense of optimism surrounding the transformative impact these innovations will bring to individuals and communities worldwide. #DigitalHealth #MentalHealth #Innovation #Healthcare

Mental health emerged as the top recipient of funding in the digital health care sector during the first half of 2024. A recent report by Rock Health revealed that investors injected a substantial $682 million into digital mental health initiatives during this period. The broader landscape of digital health funding has shown positive trends, marked by increased early-stage investments and a decrease in undisclosed deals. #DigitalHealth #MentalHealth #BehavioralHealth #Funding #RockHealth #HealthcareInvestment.

Two Chairs Rakes In $72M For Its Hybrid Therapy Platform – MedCity News - MedCity News #Funding: Two Chairs Raises $72M Two Chairs, a hybrid therapy platform, has secured $72 million in funding to expand its services and reach more patients. The funding will allow Two Chairs to continue providing high-quality mental health care through its innovative telehealth platform. #Hybrid Therapy Model Two Chairs' hybrid therapy model combines in-person therapy sessions with virtual appointments, giving patients the flexibility to choose the format that works best for them. This approach has been successful in improving patient outcomes and increasing access to mental health care. #Expansion Plans With the new funding, Two Chairs plans to expand its services to reach more patients in need of mental health support. The company aims to increase its presence in underserved communities and improve access to ai.mediformatica.com #health #twochairs #mentalhealth #healthcare #therapy #about #this #providers #startup #acce #behavioralhealth #funding #digitalhealth #healthit #healthtech #healthcaretechnology @MediFormatica (https://buff.ly/444gwoh)

According to a recent Rock Health Capital report, investors have injected $682 million into digital mental health in the first half of the year. The overall funding landscape for #digitalhealth is showing positive signs, with increased early-stage investments and a reduction in unlabeled deals. #DigitalHealth #MentalHealth #HealthcareInvestment

✍ 🧠 Ian Chiang (Partner, Flare Capital Partners) and Alexa Morse (Flare Scholar, Class of 2022) teamed up to share their thoughts with Slice of Healthcare in a recent article, "The Next Phase Of Behavioral Health Evolution: Rise Of Behavioral Health-Focused Infrastructure-As-A-Service Innovators" It's no mystery the behavioral health space is rampant with unmet care needs across many underserved populations. Whether you know that from a first-hand experience as a patient finding it difficult to access care or by following the abundance of research & data that's been shared on the space, we have collectively seen the challenges this sector continues to face. Speaking of the data, let's look at a few stats pulled from the report: 1️⃣ Nearly 20% of US adults reported experiencing a mental illness in 2022, with over half of those adults not receiving treatment. Even among youth in the US, about 15% have reported at least one major depressive episode in the past year, with 60% not receiving any treatment. 2️⃣ According to HRSA, there are over 6,400 designated mental healthcare professional shortage areas across the United States, and nearly 8,000 mental health practitioners are needed to remove these designations. 3️⃣ Mental and behavioral health has ranked as the #1 clinical indication by venture funding between 2018 and Q1 – Q3 2023, according to Rock Health. In this article, Ian and Alexa unpack the landscape of emerging innovators tackling these issues across the Behavioral Health-Focused Infrastructure-as-a-Service (IaaS) market — from provider staffing platforms to novel biomarkers & monitoring tools to patient engagement & outreach startups. Check out the full article below to read Ian and Alexa's thoughts on how they expect these categories to evolve in the future. Thank you, Slice of Healthcare, for the publication! P.S. A special shoutout to our Flare Capital colleagues, Ben Hall (SVP of Product & Technology, Author Health), Danish M. (Founding Partner, GreyMatter), Katherine Hobbs, MD MPH (CEO, Author Health), Nicoletta “Nicki” Tessler, Psy.D., M.B.A. (CEO & Co-Founder, BeMe Health) for their contributions to the article! 🌟 👉 Read the full article here: https://lnkd.in/gKtw_JcD

In just 12 weeks, Mave Health's program boasts an incredible 88% improvement in depression scores, surpassing traditional solutions. Plus, within the first 21 days, 65% of users witness mood and cognitive enhancements, setting a promising trajectory for mental well-being. In a landscape where mental health care often comes with unwanted side effects, Mave Health emerges as a hope. 🧠 About Mave Health: Founded in 2023 by Dhawal Jain, Jai Sharma, and Aman Kumar, Mave Health is leading the charge in redefining mental healthcare in India. Their flagship innovation, Arc, represents a breakthrough in non-invasive brain stimulation, offering individuals a safe and effective means to combat depression without any side effects. 🧠 Understanding the Problem: Mental health issues in India have been neglected and underfunded for decades, leaving individuals without effective treatment options. Mave Health recognized this crisis and embarked on a journey to provide accessible, effective solutions that integrate seamlessly into people's lives. 💡 Solution: Mave Health's ARC program offers personalized consultations, continuous care for 12 weeks, and lifetime support, ensuring individuals receive holistic care tailored to their needs. Their science-backed interventions prioritize well-being without inconvenience. ✨ Securing Support: Mave Health's commitment received a significant boost with a remarkable INR 6 Cr in pre-seed funding. This investment round, led by All-In Capital and Utsav Somani’s iSeed Fund 🔑 Key Learnings & Product Insights: 1️⃣ Why Mave Health?: With ARC-home neuro-therapy, Mave Health delivers effective relief from depression without side effects, outperforming traditional solutions with an impressive 88% success rate. 2️⃣ How They Solve It: From personalized consultations to lifetime support, Mave Health ensures users receive tailored holistic care, leading to sustainable well-being. 3️⃣ Their Results: Mave Health's program demonstrates significant mood and cognitive improvements within days, with a remarkable 88% enhancement in depression scores over 12 weeks. 👏 Huge kudos to the Mave Health team : Guru D , Shreya Heda ( Product Design Consultant ) , Shreya Naik , Mehul Jain and all If you're passionate about product and continuous learning, hit that follow button now! ↗️ Sasikumar Sampath #uiuxdesign #productdesign #userexperience #productmanagement

Text Message-Based mHealth Intervention More Effective Later in Day - mHealth Intelligence #mHealthInterventionTiming A recent study has found that text message-based mHealth interventions are more effective when sent later in the day, compared to earlier times. This finding highlights the importance of timing in healthcare communication strategies. #StudyFindings The study, conducted by researchers in the field of healthcare IT, analyzed the response rates of patients to text messages sent at different times of the day. The results showed that messages sent in the afternoon and evening had higher engagement and response rates compared to messages sent in the morning. #ImplicationsforHealthcareIT This finding has significant implications for healthcare IT professionals looking to implement mHealth interventions. By understanding the optimal timing for communication, healthcare organizations can improve patient engagement and outcomes. #FutureResearch ai.mediformatica.com #health #mhealth #depreion #anxiety #pandemic #covid #covid19 #found #study #textmeaging #california #cognitivebehavioraltherapy #digitalhealth #healthit #healthtech #healthcaretechnology @MediFormatica (https://buff.ly/49WuGJO)

Addressing mental health should be a mandate, yet providers grapple with overwhelming clinical tasks. Depression and anxiety often go undiagnosed, particularly in marginalized communities, leading to unvalidated solutions and escalating healthcare costs. This is where NeuroFlow comes in! 🌟 They’re on a mission to empower organizations to integrate mental healthcare on a population-wide scale. Their software seamlessly merges consumer and enterprise workflows into a unified platform, ensuring clinical teams remain informed while guiding individuals to the right level of care. But let's dive into the story. 🌠 In the latest episode of the Pear Healthcare Playbook with Pear VC, we had the privilege of interviewing Christopher Molaro, CEO and Co-founder of NeuroFlow. Christopher talks about his military background, his experience at the Wharton MBA program, the inception of NeuroFlow, their go-to-market strategy, influential partnerships, fundraising insights, and their vision for the future. Chris also shares invaluable advice for aspiring founders. 🚀 Full Article: https://lnkd.in/ehmGJr6t Podcast Episode: https://lnkd.in/eAbHe3kF Some of the lessons I learned from Chris are below: Lesson 1: Practices may not fully utilize mental health data In many practices, PHQ-9 (depression), GAD-7 (anxiety) are posed verbally or provided in paper-and-pen format. The responses are recorded, uploaded into the EHR, but not much else is done with them. The provider may give the patient a referral card but often remains unaware if the patient actually follows through with the referral. Just by looking at claims data, a significant percentage of individuals referred to mental health services never actually follow through. Lesson 2: Capitalize on Startup Growth When Healthcare Policies Align In 2018, a policy change by CMS allowed medical doctors to integrate mental health services into their clinics, with reimbursement. NeuroFlow leveraged this opportunity to work with pain clinics due to the high demand for mental health services. A successful trial showcasing NeuroFlow’s effectiveness led to a substantial contract with the pain clinic, and the company's success attracted its first hospital client, Jefferson Health. Lesson 3: Embrace the entrepreneurial rollercoaster Recognize that the entrepreneurial journey doesn't get easier; it evolves. Challenges shift as your company grows. While landing the first customer may be the focus early on, remember that with more customers come more complex problems and higher stakes. But also, keep in mind that the potential rewards grow along with your customer base. Read the full article or take a listen to the podcast for NeuroFlow's story and Chris's incredible insights!

Interesting study released this week via CMAJ, highlighting the effectiveness of remote therapy, in comparison to in-person. The study found that the results are just as effective. With advancements in technology, digital health solution-based platforms offer unprecedented accessibility, flexibility, and privacy for patients seeking mental health support. This study underscores the importance of digital health solutions in bridging gaps in healthcare delivery, especially in addressing mental health needs, by breaking down barriers such as geographical constraints and stigmas associated with seeking therapy. Embracing digital health solutions not only enhances patient outcomes but also promotes inclusivity and equity in healthcare access, marking a significant step towards a more accessible and patient-centric healthcare system. More here: https://lnkd.in/gB2BJguJ

NeuroFlow acquires Owl to extend behavioral health offerings - MobiHealthNews NeuroFlow acquires Owl to extend behavioral health offerings #NeuroFlow acquires Owl Health NeuroFlow, a digital health company specializing in mental health solutions, has acquired Owl Health to expand its behavioral health offerings. Owl Health is known for its innovative approach to mental health care, making it a strategic addition to NeuroFlow's portfolio. #Enhancing patient engagement The acquisition of Owl Health will allow NeuroFlow to enhance patient engagement through personalized and data-driven interventions. By combining their expertise, the two companies aim to improve outcomes for individuals seeking mental health support. #Expanding digital health solutions NeuroFlow's acquisition of Owl Health signifies a commitment to expanding their digital health solutions in the behavioral health space. This strategic move will enable ai.mediformatica.com #health #behavioralhealth #neuroflow #providers #clinical #patients #platform #appointment #digital #aipowered #behavioralcare #better #digitalhealth #healthit #healthtech #healthcaretechnology @MediFormatica (https://buff.ly/3xdYfZF)