INSIGHTS
May 3, 2021

Tackling mental health’s supply and demand conundrum

If you, like some of us at Rock Health, are amongst the #languishing class, let’s consider ourselves lucky. According to recent data from the CDC, 30% of U.S. adults are experiencing symptoms of anxiety or depression. So it’s not surprising that last week saw big news for digital mental health. Cigna announced plans to provide Ginger as an in-network benefit for its 14 million covered lives, which came on the heels of NOCD’s partnership with Tridiuum, a mental health provider platform, to make specialty treatment more accessible.

Given our recent dive into key trends in behavioral health, we’re particularly intrigued by Amwell’s reveal of Converge. The new open architecture telehealth platform will provide Amwell’s existing and future enterprise clients access to a spectrum of digital health applications. Amidst the debate regarding big generalist digital mental health companies versus narrower condition-specific applications, consolidation through integration on a single code base could bring the best of both worlds: whole-person care for people suffering from everyday or complex behavioral health conditions.

Headlines

CVS Health Launches $100M Venture Fund To Invest In Digital Health Startups
Port cos will capitalize on CVS’ storefronts and 100M+ customers Fierce Biotech | (Tweet)

Roman Enters 4,600+ Walmart Stores In First Retail Partnership
Expanding into retail as an entry point to the Ro platform Morning Brew | (Tweet)

AHIMA And Moxe Launch Assessment Tool For Vendors
Determines if digital health products meet industry data protection standards mHealth Intelligence | (Tweet)

Digital Mental Health Is Here–But How Do We Ensure Its Quality?
The Forum has created a set of standards to vet digital mental health solutions World Economic Forum | (Tweet)

Data, Data All Around
How the UK’s RECOVERY trial redefined the standard for clinical trials The Lancet Digital Health | (Tweet)

T-Mobile, Zyter Partner To Deliver Virtual Healthcare For Underserved Communities
Leveraging T-Mobile’s 4G LTE/5G network for RPM, telehealth, and care team collaboration HIT Consultant | (Tweet)

Medtronic Taps VR ‘Flight Simulators’ For Brain Surgery, Built From Patient Scans
With VR developer Surgical Theater, the med device co. aims to put surgeons in the pilot seat Fierce Biotech | (Tweet)

Recent Funding