Behavioral Health Business November 22, 2023
The venture capital world has largely ignored innovation for serious mental illness (SMI) care until recently.
But with more payers moving away from behavioral health carve-outs and some of the highest costs in health care, SMI could be a ripe segment for investment.
“If you get outside of a major city, there are very few [options for SMI care]. So, serious mental illness has been a big area of focus for us. There’s a lot of room for innovation,” Dr. Ben Robbins, a trained psychiatrist and general partner at GV, said at Behavioral Health Business INVEST. “Serious mental illness is different from other parts of the healthcare ecosystem because it changes people’s life trajectory so dramatically. We do a lot...
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