
evolvedMD
Leading the integration of behavioral health services in modern primary care.
Date | Investors | Amount | Round |
---|---|---|---|
investor investor | €0.0 | round | |
N/A | €0.0 | round | |
investor investor investor investor investor | €0.0 | round | |
* | $34.0m | Series B | |
Total Funding | 000k |
USD | 2022 | 2023 |
---|---|---|
Revenues | 0000 | 0000 |
% growth | - | 191 % |
EBITDA | 0000 | 0000 |
Profit | 0000 | 0000 |
EV | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x |
R&D budget | 0000 | 0000 |
Source: Dealroom estimates
Related Content
evolvedMD is a company that specializes in integrating behavioral health services into primary care settings. The company's model involves partnering with primary care providers to deliver on-site and virtual behavioral health support to patients. This approach aims to make mental health care more accessible and effective by treating it as a routine part of a patient's overall health care. By embedding behavioral health professionals within primary care teams, evolvedMD facilitates a collaborative care model that addresses both mental and physical health needs in a coordinated manner.
The company's services are designed to help primary care practices manage the behavioral health needs of their patients more effectively. This includes providing support for a range of conditions such as depression, anxiety, and substance use disorders. The business model is based on a partnership approach, where evolvedMD provides the clinical staff, training, and infrastructure to implement and manage the integrated behavioral health services. This allows primary care practices to offer comprehensive care without the need to build their own behavioral health program from scratch.
evolvedMD's revenue is likely generated through service fees from its primary care partners, and potentially through reimbursement from insurance providers for the behavioral health services delivered. The company's target market consists of primary care practices, health systems, and accountable care organizations that are looking to improve patient outcomes and meet the growing demand for mental health services. By demonstrating a significant improvement in mental health outcomes, such as achieving remission of depression at a much faster rate than traditional care, evolvedMD positions itself as a valuable partner for healthcare providers.
Keywords: behavioral health integration, primary care, mental health services, collaborative care, on-site support, virtual support, patient outcomes, depression treatment, anxiety treatment, substance use disorders