Mental health complanies are still exploding

Hey Health Techies!

Today’s edition is a little different than normal, but I’ve been getting more questions than ever about how to find companies that are hiring for roles that clinicians may be qualified for so I wanted to address that.

First I’ll plug my companies list. If you don’t have it yet, go ahead and grab it. It’s a list of a bunch of health tech companies doing incredible things all organized by specialty for you.

With the movie Inside Out 2 breaking records at the box office recently, I thought it only appropriate to highlight some mental health companies. Startups in this space have absolutely exploded and for good reason. According to recent research done at Columbia Business School, mental health services cost the US upwards of $280 billion per year.

👩🏻‍🏫 Starting young

• There has been more and more focus recently on services provided for kids and their families. Cartwheel is a company supporting school communities through assessments, student groups, and counseling. Daybreak Health is in a similar space, touting that their interventions “show proven impact on attendance, behavior, and suspensions.”

• Another startup, Mightier, takes a different approach using interactive gaming to help kids cope with big feelings.

🔍 Finding the right therapist

• Companies like SonderMind and Grow Therapy are focused on simplicity — helping patients find the right therapist that is covered by their insurance plan. It’s amazing to me that in 2024, we still struggle to find providers that are in-network for our plan but nonetheless I’m glad these companies exist to help.

🧑🏻‍⚕️ Focus on provider tools

• Startups such as Quartet are focused on equipping providers with better tools, and creating a more collaborative team-like atmosphere for treating patients needing mental health support. Not only can providers refer patients to receive mental health services, but they can also track progress, a piece that is so often missing when it comes to fragmented treatment solutions.

There are many more companies out there solving a slew of problems from employee health to how we might incorporate AI ethically and humanely into mental health treatment experiences.

What’s difficult about all of these solutions is the sheer mental load of sorting through all of them to find help when and how you need it. This fragmented, point solution overload problem in digital health has been a problem for awhile now and I’m looking forward to things becoming more streamlined for consumers. More on that another time.

But what’s fantastic about this is that now more than ever, there is support out there that meets people where they are. It’s never been easier to access care if you need it (albeit easier still doesn’t mean easy).

Wait times are lower, peer support is higher, and the opportunities are seemingly endless. Let’s hope that this makes a meaningful impact on the state of mental health in the U.S. that we can all say that we were present to witness.

📰 Weekly Wrap-up

• Walgreens to close almost 25% of its stores

• Amazon rebrands Amazon Clinic offering into One Medical Pay-per-visit

👀 Don’t miss these open roles

• Bilingual Psychiatric Nurse Practitioner - Cartwheel Care

• Customer Success Manager - Omada Health

• Strategic Program Manager - Abridge

• and more!

P.S. I’m pausing all 1 on 1 services for the forseeable future to work on some other offerings.That means if you were planning to grab a coaching call or resume review to help you land that dream role, you can schedule the call or review at your own convenience but the option to purchase goes away Friday July 5th. 🏃🏻‍♀️

Until next time,

Lauren