Jan 25, 2021
Last week, Lyra Health, a three-year-old private equity backed, therapy platform that enables chat and televideo, was valued at $1.4 billion dollars. Today we learn that Talkspace, another private equity backed therapy platform that enables chat and video, has been valued at $1.2 billion dollars.
Jan 8, 2021
“Private equity has been after health care products and services for the better part of two decades. The firms have been extremely good at finding choke points where they can dominate a niche and engage in monopoly/oligopoly pricing.” (Yves Smith, Naked Capitalism, 1/6/21)
Sep 29, 2020
In times of increased interest and demand for online healthcare services, more people have turned to online therapy via mental health apps and text messaging. Patient convenience and affordability benefits aside, is text therapy effective and should your practice offer it?
Jul 9, 2020
If you are hesitant to bill CPT (CPT copyright 2020 American Medical Association. All rights reserved)* 90837 rather than 90834 read this blog. You will find out how often other therapists use this code, how much insurance companies pay, and how often they deny. We will also provide payer-specific data on denials and reimbursement.
May 26, 2020
Psychotherapists are embracing teletherapy for the simple reason that they have no alternative.