Handspring is building a vertically-integrated behavioral health center that will offer virtual and in-person care, the report said.
“We are living through a pandemic of mental and behavioral health disorders among children and adolescents. Today, 1 in 5 children in the U.S. have a diagnosable mental health disorder,” CEO and co-founder Sahil Choudry said. “The healthcare system is failing our children, as systemic barriers have made it impossible for families to find care that’s accessible. When looking for care, families often face unaffordable rates that are not covered by insurance or waitlists that are several months long.”
The funding round was co-led by Newark Venture Partners and NextView Ventures, the report said.
At the Becker's Fall Behavioral Health Summit, taking place November 4–5 in Chicago, behavioral health leaders and executives will explore strategies for expanding access to care, integrating services, addressing workforce challenges and leveraging innovation to improve outcomes across the behavioral health continuum. Apply for complimentary registration now.