Executives in the digital health space shared with MobiHealthNews the most notable events in healthcare in 2023, including generative AI moving into the mainstream, the rise of ChatGPT, the fall of Silicon Valley Bank and Medicaid disenrollment.
Matthew Stoudt, cofounder and CEO of AppliedVR
"Silicon Valley Bank was the clear Black Swan event of 2023 and sent a shockwave through the entire system...
Digital health executives predict funding in 2024 will increase for companies with platforms proven helpful for healthcare providers and patients, while those not showing value will be forced to dissolve.
Leaders also relayed to MobiHealthNews that mergers and acquisitions will be prominent in the digital health industry, and genAI companies may take center stage when garnering funding. ...
Editor's note: This article has been updated with an announcement from Hims & Hers Health.
Digital mental health company Headspace announced the promotion of Nicolette Turner from senior vice president of finance to chief financial officer.
Turner played a vital role in negotiating the company's $3 billion merger with virtual mental healthcare company Ginger in 2021. Before working at...
Digital mental health company Headspace announced it is partnering with Intermountain Health’s value-based care subsidiary Castell to provide on-demand behavioral health services to select insurance plan members in Utah.
Headspace will be integrated into Castell's care model, and providers in the value-based care company will be able to directly refer members to Headspace for behavioral health...
Digital mental health company Headspace and employer health tech company Virgin Pulse have announced an extended partnership in which Virgin's members will have full access to Headspace within its AI-enabled health and wellbeing platform.
Headspace will be fully integrated into Virgin Pulse's Homebase for Health platform, providing Virgin's employer, health plan and health system members access...
Headspace Health has revealed two acquisitions this year, the latest coming earlier this month when the digital mental health company announced the purchase of mental wellness app Shine.
In a crowded field of mental health startups, the company is using acquisitions to augment its product and add new capabilities. Leslie Witt, Headspace's chief product and design officer, said the Shine deal is...
Digital mental health company Headspace Health announced Thursday it has acquired the Shine app, a mental wellness platform focused on culturally competent and inclusive offerings.
Founded in 2016, Shine provides self-guided content, including meditations and self-care courses on topics like stress and boundaries, as well as virtual community workshops.
The company's cofounders and co-CEOs Marah...
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...
Digital mental health titans Ginger and Headspace have officially closed their merger in a deal that reportedly values the combined company at $3 billion.
Now operating as Headspace Health, the newly formed entity brings together Headspace’s direct-to-consumer mindfulness and meditation app with Ginger’s on-demand digital mental health coaching and video therapy platform.
By their joining forces...
Meditation app Headspace is set to merge with digital mental health company Ginger Health under the combined entity Headspace Health. The terms of the deal were not disclosed.
The pair plan to merge their products into one platform that will be focused on behavioral health and overall wellbeing. The goal of the combined entity is to cater to the consumer, employer and health plan markets.
While...
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