Headspace, Intermountain Health’s VBC subsidiary partner for mental health

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Digital psychological well being firm Headspace introduced it’s partnering with Intermountain Well being’s value-based care subsidiary Castell to supply on-demand behavioral well being companies to pick out insurance coverage plan members in Utah.

Headspace can be built-in into Castell’s care mannequin, and suppliers within the value-based care firm will be capable of immediately refer members to Headspace for behavioral well being teaching and remedy. 

“Our purpose with sufferers is to assist them have probably the most holistic view of their well being. Having the ability to higher handle and combine a affected person’s psychological well being standing is essential to treating the entire individual and elevating the standard of care they obtain,” Jay Zerwekh, CEO of Castell, stated in an announcement. “We’re thrilled to associate with Headspace to provide sufferers entry to behavioral well being teaching and instruments that may be tailor-made to fulfill their particular person wants.”

THE LARGER TREND

In June, Headspace announced its prolonged partnership with employer well being tech firm Virgin Pulse. The collaboration would supply Virgin’s members and roughly 2,000 staff globally with full entry to Headspace from its AI-enabled well being and wellbeing platform, Homebase for Well being. 

Final 12 months the psychological well being platform acquired the Shine app, a psychological wellness platform centered on culturally competent and inclusive choices, and Sayana, maker of AI-enabled psychological health-tracking and sleep apps. 

In 2021, Headspace merged with fellow digital psychological well being supplier Ginger, an on-demand digital psychological well being teaching and video remedy platform, in a deal that reportedly valued the mixed firm at $3 billion. In flip, the corporate shaped meditation and psychological well being firm Headspace Health.

Throughout the previous 12 months, Headspace Well being has suffered from two rounds of layoffs. In July, it let go of 181 workers, or about 15% of its workforce, and, in December, laid off about 4% of its workforce, or approximately 50 workers.   

Different corporations offering digital behavioral well being help embody NeuroFlow, which permits healthcare suppliers to trace, assess and join with sufferers between conventional workplace visits, and Boston-based Author Health, a hybrid care platform for Medicare Benefit members with severe psychological sickness and substance use issues.

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