Array Behavioral Care has laid off at least 10% of its workforce as it takes shape under new management and new investors. At the end of November, the Mount Laurel, New Jersey-based virtual psychiatry and therapy provider restructured the company, resulting in layoffs. Meanwhile, the company has undergone an evolution in its leadership team over […]
Behavioral health tech company Array Behavioral Care closed a $25 million funding round led by CVS Health Ventures, the investment arm of health care giant CVS Health Corp. (NYSE: CVS). On top of providing capital for scaling efforts, the funding round brings Array Behavioral Care closer to CVS Health. Array has previously partnered with CVS […]
CareBridge, a Nashville, Tennessee-based tech and telehealth startup, is tackling one of the hardest challenges in health care. And the moxie it takes to do so — and do so while taking on financial risk — has helped it woo investors to the tune of $180 million over two funding rounds. The latest funding round […]
Nashville, Tennessee-based CareBridge on Wednesday announced a $140 million funding round led by Oak HC/FT, with participation from “four of the nation’s five largest” Medicaid managed care organizations (MCOs). The home- and community-based services (HCBS) provider noted in a press release that it will use the funding to spread its value-based care model for Medicaid […]
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