Behavioral health

An adult and a child using a tablet together
By  Emily Olsen 01:55 pm January 24, 2022
A gamified app for managing anxiety in children reduced symptom severity and helped them meet treatment goals, but didn't improve functional impairments, according to a study published in JMIR.  The preliminary evaluation study was conducted through a collaboration with the app's creator.  TOP-LINE DATA Researchers found a small to moderate effect in anxiety symptom severity on parent-rated...
A woman wearing a virtual reality headset
By  Emily Olsen 10:01 am January 21, 2022
Late last year, virtual reality therapeutic company AppliedVR scored FDA De Novo clearance for its EaseVRx system for treating chronic lower back pain.   The eight-week virtual reality program is designed to help people control and modulate their pain, AppliedVR cofounder and CEO Matthew Stoudt told MobiHealthNews. The system uses regulation and mindfulness skills, as well as techniques from...
A close up of colleagues looking at financial charts
By  Emily Olsen 02:02 pm January 19, 2022
Wheel, a virtual care staffing and services vendor, raised $150 million in a Series C funding round led by Lightspeed Venture Partners and Tiger Global. Other investors participating in the round include Coatue, Salesforce Ventures, CRV, Tusk Venture Partners and Silverton Partners. The Series C comes less than a year after a $50 million round from May, and brings the company's total raise to $...
A gavel lying on a pile of $100 bills
By  Emily Olsen 12:06 pm January 14, 2022
Teletherapy company Talkspace is facing a class action lawsuit alleging it misled investors about the company's financials in the run-up to its merger with a special purpose acquisition company. The suit, filed Jan. 7, alleges investors weren't informed that Talkspace was seeing significantly increased advertising costs in its direct-to-consumer business, and it was seeing lower conversion rates...
A doctor showing patient how to synchronize health app in smartphone and smartwatch
By  Emily Olsen 01:18 pm January 12, 2022
The digital health industry experienced a big growth year in 2021. According to Rock Health’s third quarter analysis of the space, funding had already reached $21.3 billion across 541 deals. The year surpassed 2020’s full-year funding total after the second quarter. Russ Johannesson, CEO of diabetes and chronic condition management company Glooko, told MobiHealthNews the COVID-19 pandemic...
A woman at her desk looking down at her smartphone
By  Emily Olsen 11:36 am January 12, 2022
Digital mental health company Headspace Health has acquired Sayana, maker of AI-enabled mental health-tracking and sleep apps. Sayana’s Self-Care app uses chat sessions with an AI dubbed Sayana that tracks their feelings and connects them to their experiences and actions. It also offers different content and exercises, depending on the information a user provides and their mood trends. It also...
Parent and child
By  Laura Lovett 02:54 pm January 11, 2022
During the COVID-19 pandemic, rates of depression and anxiety rose across the U.S. This crisis brought digital technologies into the spotlight, with patients, providers and investors taking notice. In fact, in the first three quarters of 2021, investors poured $3.1 billion into the sector, according to Rock Health.  While the bulk of digital health tools are dedicated to adult patients, the world...
A doctor, sitting in her office, uses the landline to make phone calls regarding patient records.
By  Emily Olsen 11:24 am January 7, 2022
Digital therapeutics are a growing field in the larger digital health space, but they’re still relatively new. What’s the state of the market, and how can the companies behind these products encourage their uptake?  With regard to mental and behavioral health – a clinical area that’s ripe for digital health investment – many people who have mental illnesses don’t receive care. The scalability of...
Parent and child on telehealth
By  Laura Lovett 01:34 pm January 6, 2022
Pediatric digital mental health company Little Otter scored $22 million in a Series A funding round. CRV led the round, with participation from Torch Capital, Vast Ventures, Hinsdale, Boxgroup, _Able, Carrie Penner Walton, G9, Springbank Collective and angel investors.  The startup now boasts of $26.75 million in funding.  WHAT IT DOES The San Francisco-based startup was founded in May 2020 and...
A piggy bank next to a pile of coins and a stethoscope
By  Emily Olsen 01:34 pm January 5, 2022
Artificial intelligence startup Fractal announced on Wednesday that it had raised $360 million from private equity firm TPG. Srikanth Velamakanni, cofounder and group chief executive at Fractal, told TechCrunch the investment will earn the company unicorn status, reaching a valuation “at well north of $1 billion.” Fractal, which is the parent company of healthcare AI company Qure.ai, will receive...