MobiHealth News June 29, 2023
The hybrid platform offers Medicare Advantage recipients behavioral health services and will use the funds to grow its partnerships with insurance providers.
Boston-based Author Health, a hybrid care platform for Medicare Advantage members with serious mental illness and substance use disorders, launched with $115 million in financing.
General Atlantic led the round with participation from Flare Capital Partners.
WHAT THEY DO
Author Health provides virtual and in-person psychiatric care for Medicare Advantage recipients with a mental illness or substance use disorder. The company uses a team-based approach, joining physicians, therapists, community health workers, nurses and therapists. The company initially launched in South Florida in collaboration with Humana.
The funding will help Author expand into new markets and...