“In the last month Brave Health has helped more than 4,000 people on Medicaid - the most vulnerable point in their life - find a behavioral health resource when almost no one is there to help them,” Fagin said, adding she and Town Hall Ventures expect the company to continue to quickly grow. Town Hall Ventures made the investment because Brave Health seeks to systematically improve behavioral health delivery in addition to the health of medically vulnerable and underserved populations, Town Hall Ventures Partner Anna Fagin told BHB. counties do not have a psychiatrist or addiction medicine specialist while about 23% of all behavioral health prescribers (including psychiatrists) don’t see any Medicaid beneficiaries, according to research from George Washington University. “It’s an area where we feel like there’s an enormous amount of opportunity for innovation, for progress and for partnership with health plans.”Ībout 50% of all U.S. Yet the number of providers who accept Medicaid has actually decreased in certain places,” Lindow said. “Nearly 1-in-4 people get their insurance through Medicaid in the United States. The company engages with providers as employees rather than contractors, a common practice among digital behavioral health companies. Speed to care and activation of care is a common measurement of value through the three value-based care arrangements, Lindow said.īrave Health employs nearly 200 behavioral health providers - including therapists, psychiatrists, peer support specialists, and nurse practitioners. The company presently has three value-based care contracts with payers in place Brave Health struck its first value-based contract with Molina Healthcare of Texas.
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