Valera Health News
16 articles
Valera Health & Blue Cross and Blue Shield of Vermont Announce New Partnership
Valera Health, a virtual mental health care provider, has announced a partnership with Blue Cross and Blue Shield of Vermont (Blue Cross VT) to meet the increasing demand for mental health and substance use disorder providers. The partnership will offer more resources for Vermonters to access care. Valera Health provides therapy and psychiatry services for adults, adolescents, and children aged 6 and older. The partnership with Blue Cross VT will make it easier for Vermonters to connect to a mental health care team through a virtual platform.
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Valera Health Becomes Humana Network Provider, Offering High-Quality, Accessible Mental Health Care for Medicare Advantage Members
Valera Health, a telemental healthcare provider, has announced that its comprehensive mental health services are now in-network for some Humana Medicare Advantage members. The services are available in 10 states, with a nationwide expansion planned for September. Valeras multidisciplinary service model provides therapy, medication management, and case management services. The partnership with Humana will allow Valera to serve Humanas Medicare beneficiaries across the country with high-quality mental health care.
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Cascade Health Alliance Partners with Valera Health to Bring Virtual Behavioral Healthcare to Oregonians
Valera Health, a telebehavioral health service provider, has partnered with Cascade Health Alliance (CHA) to expand access to high-quality virtual behavioral healthcare services in Oregon. The partnership will allow CHAs patients to access Valeras tech-driven mental healthcare services, including licensed therapists, nurse practitioners, case managers, and psychiatrists. The partnership will leverage CHAs outcomes-based care and deep community ties with Valeras measurement-based virtual delivery model. The initial roll-out of the partnership will serve CHA members through the Oregon Health Plan, the states Medicaid plan.
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Virtual behavioral health company Valera Health scores $44.5M
Valera Health has raised $44.5 million in a growth equity financing round led by Heritage Group. The New York-based company has developed a virtual mental health platform for high-acuity patients with serious mental illness and severe depression. The funding brings Valera Healths total funding to over $71.4 million. The company plans to increase access to high-quality behavioral healthcare and expand its partnerships with leading health systems and health plans across the country.
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Valera Health and Horizon Healthcare Services Collaborate to Increase Access to Mental Health Care in New Jersey
Valera Health is working with Horizon Healthcare Services to increase access to virtual mental health services and provide evidence-based care to Horizon members. Valera Health offers comprehensive care for individuals with mild to severe mental illness and currently covers over 36 million lives through partnerships with more than 20 health plans across nine states. The collaboration with Horizon expands Valeras reach and allows them to provide affordable, quality mental health treatment to Horizon members. This partnership is part of Horizons efforts to expand its behavioral health treatment network and offer a fully virtual program specifically tailored for members with serious mental illness.
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Valera Health Partners with Lyft for May Mental Health Awareness Month
Lyft has partnered with Valera Health on a new initiative to raise awareness for Mental Health Awareness Month. Valera Health and Lyft Media will be launching a campaign on Lyfts rooftop advertising network to raise awareness for mental health. Valera Health patients will also be given access to Lyft discount codes for transportation to medical appointments.
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MultiCare Health System Partners with Valera Health to Increase Virtual Mental Health Care Services in Washington State
MultiCare Health System has partnered with Valera Health to increase access to mental health care through comprehensive virtual services. The partnership allows MultiCare patients to access Valeras technology-driven mental health care services, connecting them to licensed therapists, nurse practitioners, case managers, and psychiatrists. This partnership addresses the increasing demand for behavioral health services, especially during the COVID-19 pandemic, and helps MultiCare expand its capacity to meet the need. Valera Health provides affordable and easily accessible virtual mental health support, focusing on underserved populations. Valera currently covers more than 30 million lives through partnerships with health plans across multiple states.
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Valera Health Secures $15M Led by Windham Venture Partners to Expand the Company's Mental Health Clinical Services Across the U.S.
Valera Health has closed a $15M funding round led by Windham Venture Partners. The company provides tech-driven virtual mental health services and has expanded to become a fully integrated, tech-enabled, clinical services platform. Valera Healths emphasis on measurement-based care and evidence-based treatments has led to improved quality scores for health plans. The funding will fuel the companys growth as it partners with leading health systems and health plans to make quality mental health care accessible. The team-based care model includes licensed therapists, nurse practitioners, case managers, and psychiatrists. Valera Health has seen 30%+ month-over-month growth and will be expanding to multiple states in the coming months.
Investment
Valera Health announces a $3.8M round led by AXA Venture Partners
Valera Health, a tele-behavioral health service, has closed a $3.8M funding round led by AXA Venture Partners. The funding will support strategic market expansion and the growth of existing services. Valera Health provides personalized team-based clinical care for mental health conditions. The companys unique team-based approach and proprietary digital application have gained significant traction, with high Net Promoter Scores and depression improvement rates. The need for mental health support has increased, and Valera Health aims to bring appropriate and accessible behavioral healthcare to communities in need. The funding round brings Valera Healths total funding to $9M.
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CDPHP, Valera Health Expand Tele-Mental Health Services to Support Members in Need
CDPHP has expanded its provider network to include tele-mental health services provided by Valera Health. The partnership expansion aims to address the need for better access to mental health services for CDPHPs members. Since the onset of the COVID-19 crisis, CDPHP has seen a significant increase in tele-mental health visits. Valera Health offers a personalized tele-mental health model that connects patients to treatment across the entire spectrum of mental health needs. The expansion of the partnership is expected to improve the overall well-being of the community. The article does not mention any specific investors or acquisition amounts. The event described in the article occurred on July 1, 2020.
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CDPHP Partners with Valera Health to Break the Boundaries of Traditional Mental Health and Substance Use Treatment
CDPHP and Valera Health have formed a multi-year alliance to expand member access to mental health and substance use case management services. The partnership will leverage technology and innovative care delivery models to enhance existing services and provide more entry points for CDPHP members seeking treatment. Valera Healths platform will be integrated into CDPHPs case management work, allowing members to engage with their care team and providing real-time insights to case managers. The goal is to support members and their communities in achieving whole health. CDPHP will also work with Valera to implement the Collaborative Care Model in primary care settings across the Albany region.
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Carisk Integrates with Valera Health to Optimize Care Coordination
Carisk Partners has announced a strategic partnership with Valera Health to deliver an intuitive behavioral healthcare experience for patients. The partnership will allow Carisk to utilize Valera technology to optimize care management and enhance their biopsychosocial assessments. Valera Healths analytics and mobile tools will help monitor, engage, and connect patients with care coordination teams. The integration of Valeras data science capability with Carisks P2R platform will enable early identification of high-risk patients and intervention. The partnership aligns with Carisks commitment to achieve consistent, results-driven outcomes in patient-centered care.
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Emergence Health Network and Valera Health partner to bring novel comprehensive remote behavioral services using analytics and digital tools.
Emergence Health Network (EHN) and Valera Health have partnered to develop a comprehensive virtual behavioral health program in Texas. EHN, a leader in community mental health in El Paso County, will utilize Valera Healths technology to improve access to personalized services. The program will include video sessions, digital tools, and analytics to support behavioral health management and increase patient engagement. The partnership aims to improve the delivery of mental health services and expand access to care in West Texas and beyond.
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The Platform That Is Narrowing The Mental Health Care Gap
Valera Health, led by CEO Dr. Thomas Tsang, aims to address the untreated behavioral healthcare needs of 25 million Americans. The company offers a data science-powered, tech-enabled care platform that supports health systems and payors in delivering accessible and efficient behavioral healthcare services. Valera Health has partnered with McLean Hospital and Montefiore Health System for pilot programs, demonstrating positive results in improving patient engagement and outcomes. The company has recently started a project with Group Health Wisconsin and aims to expand into multiple geographic markets and partner with leading health systems. Valera Healths vision is to close the mental health care gap and optimize behavioral healthcare delivery systems.
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Behavioral health care management startup Valera Health adds payer to customer base (Updated)
Valera Health has added Group Health Cooperative of Eau Claire to its customer base in a multiyear contract. The company also closed a $3.4 million Series A round with investment from Trinnovate Ventures. Valera Health plans to make a greater push for payers to adopt its program this year and will use the funding to add staff and bolster its team of software programmers. The company is focused on care management for people with anxiety and depression, but is also interested in depression as a comorbidity. Valera Health currently works with five organizations and aims to contextualize behavioral health data with physical healthcare.
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Study using Valera Health app shows boost in engagement from patients with depression, anxiety
Valera Health, a behavioral health startup, has shown an increase in engagement in a study assessing the effectiveness of its app on patients with anxiety and depression. The study, conducted in partnership with Montefiore Medical System, revealed that patients using the app had a 68% engagement rate compared to under 30% for Medicaid patients. The app integrates behavioral health with primary care over a 12-week period and tracks patients communication with their care team, wellness targets, and wellbeing. It also sends appointment reminders and assesses patient behavior through smartphone sensor data. The study findings indicated significant improvement in depression and anxiety scores and remission rates. Valera Health is also collaborating with McLean Hospital on a clinical study of its app with patients with schizophrenia and bipolar disorder.
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