What You Ought to Know:
– NeuroFlow, the market chief in behavioral well being integration expertise, has secured $25 million in progress capital, led by SEMCAP Well being.
– With SEMCAP Well being as a brand new strategic companion and investor, the corporate will proceed to broaden its groundbreaking referral community and deepen its relationships with payors and suppliers, decided to establish and triage people with behavioral well being wants throughout the spectrum of care
Accelerating Cross-Sectorial Integrations to Meet the Rising Demand for Psychological Well being Care
NeuroFlow assesses and triages folks with behavioral well being circumstances to get them to the proper degree of care, offering high-tech and high-touch assist for populations that will sometimes fall by means of the cracks in immediately’s healthcare system. Confirmed to drive higher scientific and monetary outcomes for lots of of main well being techniques, payors, and navy organizations masking 15 million people, NeuroFlow’s platform combines client engagement with enterprise-level care administration software program to assist behavioral well being at scale.
NeuroFlow will improve R&D investments to broaden its expertise platform, which alleviates strain on suppliers attributable to a rising variety of behavioral well being sufferers outstripping a finite provide of behavioral well being assets — a longstanding challenge made worse by the pandemic. The corporate will improve headcount throughout all departments to assist fast progress.
“NeuroFlow is completely different as a result of we embrace collaboration with others within the area, like telehealth companions, to get folks to essentially the most environment friendly and efficient care attainable. Organizations, and other people, want a couple of method. There’s a vital provide and demand imbalance for behavioral well being, and no environment friendly or scalable method to standardize the best way persons are recognized, assessed, and referred. That’s why we exist,” defined NeuroFlow Chief Government Officer Chris Molaro. “Since we had been based in 2017 the world has modified a lot. Our progress has been fueled by each behavioral well being lastly being acknowledged and prioritized in addition to payors and suppliers transferring nearer to value-based care. This financing spherical was opportunistic for us with a lead investor that’s aligned with our imaginative and prescient and skilled in healthcare. Now we have the power and adaptability to proceed serving our well being system and payor companions no matter regardless of the market circumstances could also be quarter-to-quarter.”
Up to now 12 months, the corporate has doubled in dimension (full-time workers) and has seen appreciable adoption out there by each main well being techniques and payors, increasing its attain of lives supported from 2 million to fifteen million in all 50 states. Final month, the corporate moved right into a state-of-the-art 16,000-square foot workplace in downtown Philadelphia to assist a staffing improve and encourage extra collaboration with key companions.
“NeuroFlow is the definitive chief in behavioral well being integration as a result of its expertise successfully connects psychological and bodily well being and helps built-in care fashions at scale,” stated Ralph Muller, Government Chairman, SEMCAP Well being. “The corporate’s considerate method to affected person expertise, enterprise workflows, and scientific content material helps healthcare organizations do extra with much less — clinicians use expertise to interact tens of millions of in-need sufferers to enhance outcomes and scale back encounters in costly, supply-constrained medical settings.”