MedTechIQ_3Helix InSight Engine-Beta
Preview
Open in TheBrain
Triple Helix Discovery Engine
Triple Helix Framework
Industry
Architects: Small & Medium Size Business (SMBs), Product Development, De-Risking, Validation, Building Niche & Emerging Markets
*Architects: Telemedicine (TelePsychiatry, TeleMental Health, TeleBehavioral Health, Digital Mental / Behavioral Health Companies)
Headway, Inc
Organization & Developments: Headway, Inc.
Parents
Headway, Inc
Children
2020: All of Headway's therapists and psychiatrists are offering virtual sessions, which are covered by Aetna, United, Oxford, Oscar or Cigna at in-network rates
2020: Mental health startup Headway nabs $26M backed by Google, Thrive Capital
2020: Recent laws aimed at bringing parity between physical and mental health care coverage provide an important first step in fixing a broken system but ignore the simple fact that most therapists still don’t accept insurance
2020: The most popular employers of Headway patients are the Metropolitan Transportation Authority, NYC's public transportation agency, and the City of New York, and many of the patients served aren’t employed and rely upon government-subsidized insurance
First-of-its-kind behavioral health network of therapists who accept insurance.
For therapists, the company handles the full process to join an insurance panel and offers free software with full claim management support, payments and scheduling.
Headway developed a full-stack therapy marketplace that deals with the messiness of insurance, building out a first-of-its-kind behavioral health network of therapists who accept insurance.
The company's platform lets its users find therapists who match their preferences and book directly on the site and provides transparency about what they'll owe with their in-network insurance plan.
The company's platform lets its users find therapists, check their insurance benefits and file reimbursements online, enabling patients to access insurance coverage and premiums while being able to find and connect to therapists and avail medical consultation at any time and at any place
The main barrier to affordable care is that almost 70% of therapists do not accept insurance because of the administrative burden and the time commitment required, especially for the 85% of therapists who are solo practitioners.
Jumps
Finance & Acquisitions: Headway, Inc.
Key People: Headway, Inc.