Quartet Health Acquires InnovaTel Telepsychiatry

Quartet Health, a tech-enabled mental health care company that works with health plans, systems, and provider groups, acquired InnovaTel Telepsychiatry, a provider of virtual mental healthcare.

InnovaTel has 130 clinicians on staff, 51% of whom are prescribers and 27% of whom are clinicians of color. The company’s model of working with community mental health centers to get patients in-network mental health care has improved the capacity to treat patients with mental health needs by anywhere from 5x to 10x. More than 50% of patients who InnovaTel serves have a serious mental illness, the companies said in a news release. Read more.

Total
0
Shares
Related Posts
Read More

Digital Medicine Company Akili Closes Merger with SPAC

Morgan Stanley & Co. and Cowen and Company served as financial advisors to Akili. Morgan Stanley, Credit Suisse, and Cowen served as co-placement agents to Social Capital Suvretta I with respect to the portion of the PIPE financing raised from non-insider qualified institutional buyers and institutional accredited investors.