This Startup Raised $50 Million To Help Therapists Build Virtual Private Practices—And Take Insurance

  • 📰 Forbes
  • ⏱ Reading Time:
  • 64 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 29%
  • Publisher: 53%

United States Headlines News

United States Latest News,United States Headlines

Alma, which began as subscription-based administrative software coupled with coworking spaces for therapists, pivoted during the Covid-19 pandemic to expand its tools for virtual therapy.

in June. All of these companies take different approaches to a common problem: health insurance directories for mental health providers are terrible and outdated.

At Oscar, Ritter helped open an in-person primary care and behavioral health clinic known as the Oscar Center. Within two days of opening, the only therapist on staff had a month-long waitlist, and the center had to hire an intern whose sole job was to go through the provider directory and try to find in-network therapists they could refer out to, Ritter recalls.

“Everybody's trying to be patient-friendly,” says Hilary Gosher, a managing director at Insight Partners who sits on Alma’s board. But she says a differentiator is that Alma is also focused on helping therapists run a small business while helping insurers direct their members to quality providers. Everyone wants “a therapist who's focused on their well-being not focused on ‘how do I run my small business,’” says Gosher.

One of those therapists using Alma is Humaira Naushad. Before Alma, she never thought she would be able to stand up her own practice this early in her career. Having graduated from Touro College in 2018, she was working at a substance abuse clinic as a mental health counselor. She wanted to open her own private practice but figured that wouldn’t be for at least five more years. “I think telehealth really motivated me to know that I can do this,” she says.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 394. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

This Startup Just Raised $6 Million For An App That Helps Treat AddictionAffects Therapeutics combines its mobile app with addiction counseling to address stimulant misuse.
Source: Forbes - 🏆 394. / 53 Read more »

How An Accidental Entrepreneur Sold His Business For Seven FiguresTo help his patients with neck pain, physical therapist Steve Sudell decided to build his own medical device to relieve it--and soon found himself running a multimillion dollar business.
Source: Forbes - 🏆 394. / 53 Read more »

Tech Startup Tripp To Use Virtual Reality To Improve Psychedelic TherapyTripp is launching a new virtual reality product that creates altered states of consciousness without drugs.
Source: Forbes - 🏆 394. / 53 Read more »

TikTok owner ByteDance takes first step into virtual reality with latest acquisitionFor ByteDance, which has found success with TikTok as well as news aggregation app Toutiao, the Pico acquisition marks a push to diversify its business. good You will be shocked 😯 Read how they 🇨🇳are tracking everyone worldwide using Tiktok WSJ Report:
Source: CNBC - 🏆 12. / 72 Read more »

Trump’s Business Hauled In $2.4 Billion During Four Years He Served As PresidentForbes estimates the pandemic helped wipe about $200 million off Trump’s top line last year. 예수님의 보혈로 우리는 돌아와야 합니다 EternityBeckons For all those who are new to this working from home Bitcoin trading options Here's a little tip: Get a trusted Bitcoin expert and stick to him Bowser_51 Invest and play at similar times each day. Because : In times of chaos, your investment is your anchor to success
Source: Forbes - 🏆 394. / 53 Read more »

Lacey Turner grateful for private help after heartbreaking miscarriagesLacey Turner devastatingly suffered two heartbreaking miscarriages and she doesn't think she would be a mother now if she hadn't gone to look for private help to see what might have been causing her devastating losses
Source: Mirror Celeb - 🏆 476. / 51 Read more »