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4 factors expected to grow mental health AI market value to $11B by 2030
The artificial intelligence mental healthcare market is projected to be valued at $11.4 billion by 2030, growing at a compounded annual rate of 37.2 percent from 2023 to 2030, according to a report from Cognitive Market Research. -
Spring Health hits $2.5B valuation
Digital mental health company Spring Health is now valued at $2.5 billion, after raising $71 million in a recent funding round. -
Mental telehealth startup Aptihealth nets $76M on 4 funding rounds
Virtual behavioral health startup AptiHealth raised $10.8 million in its most recent funding round, according to an April 5 filing with the Securities and Exchange Commission. -
Zocdoc launches platform to connect Medicare beneficiaries to in-network care
Healthcare platform Zocdoc has added federally qualified health centers to its marketplace; the facilities treat underserved populations regardless of ability to pay. -
Simple algorithms can reduce suicide risk as well as complex AI
Artificial intelligence algorithms aimed at reducing suicide risk appear to work, even when they employ simpler methods, according to a report from Kaiser Permanente, the FDA and other institutions. -
Brightline releases virtual pediatric behavioral health study
Virtual behavioral health company Brightline published a study March 17 on the effectiveness of virtual behavioral health care to address the mental health needs of children and teenagers. -
Behavioral health software market to reach $10.13B by 2030
The behavioral health software market is expected to reach $10.13 billion by 2030, according to market research agency SNS Insider. -
Therapy Brands partners with WebMD
WebMD has partnered with Therapy Brands, a healthcare IT partner for mental, behavioral and rehabilitative therapy. -
Talkspace, Teladoc hit B2C wall as 'hyper-growth' slows
Teladoc and Talkspace are grappling with increasingly sluggish growth in their business-to-consumer offerings, including Teladoc's BetterHelp business. -
Winners chosen for $20M tech challenge on veteran suicides
The Department of Veterans Affairs announced 10 winners of its $20 million Mission Daybreak challenge to reduce veteran suicides. -
Mental health software market expected to hit $19B with 17% annual growth
Globally, the market for mental health software was valued at more than $4.6 billion in 2021, and it's expected to quadruple in value to $18.8 billion by 2030. -
Concord Technologies launches critical intake platform for behavioral health providers
Concord Technologies has launched Concord Care Intake, an application seeking to improve the critical intake process for behavioral health providers. -
Williamsburg Therapy Group partners with insurance platform
New York City-based Williamsburg Therapy Group partnered with Nirvana, an insurance platform that automates insurance processes needed to access care. -
3 digital mental health updates
Mental healthcare has become increasingly intertwined with digital health as patients look to gain access to care from the convenience of their own homes. Here are three digital mental health updates Becker's has reported on since Nov. 21: -
Biden administration launches opioid overdose tracker
Government health agencies on Dec. 8 debuted an online dashboard created to track the number of nonfatal opioid overdoses nationwide. -
UC San Diego doctor creates app for fentanyl overdose rescue
University of California San Diego's Mark Greenberg, MD, has launched a new app to help prevent fentanyl overdoses, FOX affiliate KSWB reported Dec. 5. -
Kipu Health launches platform to connect mental health companies, systems
Mental health technology company Kipu Health launched a platform for providers to manage all of their technology systems in one place. -
5 digital mental health updates
Mental healthcare has become increasingly intertwined with digital health as patients look to gain access to care from the convenience of their own homes. Here are five digital mental health updates Becker's has reported on since Oct. 31: -
Spring Health launches EHR for mental health providers
Mental health solution company Spring Health launched an EHR platform catered to mental health practitioners. -
Calm, toy company partner on children's mental health media
Mental wellness company Calm and Tonies, a children's toy company, partnered to make the Calm Creative-Tonie, an audio device with mental wellness entertainment for children.
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