HIT Consultant September 29, 2022
What You Should Know:
– Behavioral health company, Grow Therapy secures $75 million in series B funding to expand insurance coverage including Medicare and Medicaid in all 50 states.
– This round of funding was led by TCV, co-led by Transformation Capital, with support from existing backers SignalFire and SVB.
Medicare/Medicaid Coverage Expansion
Specifically, the areas that the company will focus on are: expanding commercial insurance and Medicare and Medicaid coverage (which are currently accepted in select states) from 13 states to all 50, deepening the capabilities of the online marketplace, EHR platform, and clinical resources...
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