HIT Consultant January 21, 2025
Fred Pennic

What You Should Know:

Iris Telehealth, a leading provider of telepsychiatry services, announced the acquisition of innovaTel, a division of Quartet Health renowned for its expertise in treating complex mental health conditions. Financial details of the acquisition were not disclosed.

– The acquisition positions Iris Telehealth as one of the largest telepsychiatry companies in the nation, with a combined network of experienced clinicians and a comprehensive suite of services. This expanded reach will enable Iris Telehealth to better serve healthcare organizations and their patients, particularly in underserved communities facing a shortage of mental health professionals.

Addressing the Mental Health Provider Shortage

The need for mental health services is growing rapidly, but access to care remains a significant...

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Topics: Digital Health, Mergers & Acquisitions / JV, Technology, Telehealth, Trends
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