Staffing is no longer the top issue facing behavioral health operators. Providers are now projecting that reimbursement and payment will be the biggest challenge for the industry in 2024. That’s according to a new Behavioral Health Business Survey, which included responses from 404 professionals who identified as working for organizations providing treatment for behavioral health, […]
HC9
After an explosion of investment in 2021, behavioral health startups have faced a slowdown in venture capital funding over the last year. Despite past challenges, many venture investors continue to see significant opportunities in the behavioral health sector, anticipating substantial changes as innovative payment models and maturing companies help this market evolve. The long-awaited consolidation […]
To address rising youth mental health needs, public agencies are partnering with digital behavioral health companies to expand access to support services. For public entities, including schools and health departments, it’s a way to offer behavioral health access at scale. These public-private partnerships can be mutually beneficial, expanding the reach of digital behavioral health providers […]
Psych Hub, a Nashville, Tennessee-based mental health education startup, has raised $16 million in a funding round co-led by HC9 and Frist Cressey Ventures. Announced Thursday, the cash infusion will help Psych Hub add therapist matching capabilities. The to-be-launched Psych Hub Connect will match potential patients to in-network practitioners that are trained in evidence-based interventions […]

