BRAVE HEALTH SECURES $40M IN SERIES C FUNDING TO EXPAND ACCESS TO MENTAL HEALTH SERVICES FOR MEDICAID POPULATIONS
Summary
And theyre taking on the accountability to improve patient outcomes and ultimately reduce the total cost of care," said Andy Slavitt, general partner, Town Hall Ventures. "Innovation in Medicaid care delivery and reimbursement models is critical for our healthcare system," said Anna Lindow, co-founder and CEO of Brave Health. The percentage of psychiatrists that accept Medicaid has fallen to 35 percent, according to previous research reported by JAMA Psychiatry. With nearly one in four Americans now receiving healthcare benefits through Medicaid, this gap leaves many without the ability to get ongoing, critical care. The company offers outpatient services (therapy, psychiatry, peer support) for mental health conditions through its platform.
Funding
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