Behavioral Health Business January 30, 2023
Despite the economic uncertainties hitting digital health, it’s been full-steam ahead for telepsychiatry provider Array Behavioral Health.
The New Jersey-based provider kicked off 2023 with a $25 million funding round led by CVS Health Ventures. It then announced a new deal with US Acute Care Solutions focused on reducing the wait time for patients with mental health needs in the emergency department to get psychiatric care.
Array Behavioral Health has been around for more than 20 years, making it a pioneer in the digital mental health space. The company initially made a name for itself working with health providers to supply on-demand access to psychiatrists and other licensed behavioral health professionals.
It has also doubled down on treating patients with...