MedCity News June 23, 2024
NeuroFlow acquired Owl, a provider of measurement-based behavioral health care. These types of consolidations will drive the future of behavioral health care, according to NeuroFlow CEO Chris Molaro.
Behavioral health companies have been increasingly consolidating over the past few years. Amid a rising demand for mental health services, companies are combining to merge resources, expertise, software and care models.
This month, Philadelphia-based behavioral health software startup NeuroFlow announced a deal in line with this trend. The company acquired Owl, a provider of measurement-based behavioral health care.
Amid the wave of behavioral health consolidations, there are three types of deals, according to NeuroFlow CEO Chris Molaro. There are clinical services companies merging with each other, tech-enabled service companies doing the same,...