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Mental well being startup UpLift introduced it acquired women-focused digital psychiatry platform Minded, growing its women-led choices and increasing its attain to 5 further states.
UpLift’s behavioral well being platform provides sufferers entry to in-network therapists and psychological well being suppliers nearly or in individual. Therapists also can use the platform to seek out purchasers and handle their schedules.
Minded is a telehealth firm that gives psychological well being care for girls and medicine administration.
Before the acquisition, UpLift was obtainable in Maryland, Virginia, Florida, New Jersey and Washington D.C.
Together, the New York-based firms’ will enable California, Illinois, Pennsylvania, New York and Texas residents to entry Uplift’s platform, which is able to now embrace team-based remedy and psychiatric care. UpLift goals to proceed its enlargement nationally.
“Since our founding, we have improved the lives of over 11,000 patients by delivering evidence-based treatment through our unique, team-based psychotherapy and psychiatric care model,” Kyle Talcott, CEO and founding father of UpLift, instructed MobiHealthNews in an e mail.
“The acquisition of Minded helps us reach more people faster, accelerating our ability to expand nationally and through several new insurance contracts. We now have the honor of continuing to care for Minded’s patients while offering them in-network psychotherapy for the first time.”
THE LARGER TREND
In 2019, Uplift landed $1 million in seed funding and scored $8 million two years later. Earlier this yr, the psychological well being platform raised $10.7 million in Series A investment.
Last yr, women-focused Minded introduced it acquired $25 million in seed funding.
More than one in five adults stay with a psychological sickness within the U.S., and findings from the 2022 KFF Women’s Health Survey confirmed extra girls, 50%, relayed that they wanted psychological well being providers prior to now two years in comparison with males, at 35%.
Other firms in search of to enhance entry to psychological healthcare are digital behavioral well being startup Headspace Care, formerly known as Ginger, and Caraway, a digital care startup centered on offering Generation Z psychological, bodily and reproductive healthcare.
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