MedCity News June 30, 2023
Author Health helps seniors with serious mental illness and substance use disorders by working with Medicare Advantage plans. The company launched Wednesday with $115 million in financing, and announced that Humana is its first payer partner.
About one in four Medicare enrollees have a mental illness, but 40% of those over the age of 50 with serious mental illness struggle accessing care.
That’s the gap Author Health is trying to fill. The company, which launched Wednesday with $115 million in financing, targets seniors with serious mental illness and substance use disorders by working with Medicare Advantage plans. It also announced its first payer partnership with Humana in South Florida. Author Health, based in Boston, provides virtual and in-person care with...
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