MedCity News August 13, 2024
Marissa Plescia

Modern Health has acquired Anvil Health’s AI technology. It has also hired Anvil’s co-founder, Paul Clark, as head of AI strategy.

Modern Health, a digital mental health company, is doubling down on AI by acquiring Anvil Health’s AI technology, the company announced last week.

San Francisco-based Modern Health serves employers and offers one-on-one and group mental health support, as well as self-guided material. It works with patients on emotional, financial, professional, social and physical well-being needs.

The company has long used AI to provide care recommendations and match patients with the treatment that’s best for them but it wanted to ramp up its capabilities through this acquisition. Anvil Health has an AI-powered solution called Ascribe, which documents and summarizes consultations....

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Topics: AI (Artificial Intelligence), Mental Health, Mergers & Acquisitions / JV, Provider, Technology, Trends
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