San Diego's Concert Health pulls in $42M to help doctors deliver behavioral as well as physical health care [Breaking]
San Diego’s Concert Health said Wednesday that it has raised $42 million in a second round of financing to drive expansion of its behavioral health services platform into more primary care, pediatric care and women’s health clinics.
Through its Collaborative Care model, Concert Health integrates behavioral health clinicians into existing primary care, pediatrics, and women’s health teams. The company says that enables physicians to address both behavioral and physical health — decreasing depression and anxiety while promoting higher medication adherence.
The financing brings the total raised by Concert Health to $56 million since the service launched in 2018. It currently works with 54 medical groups across 11 states, with plans to expand into three more states this year.More than half of the 27,000 patients Concert Health has served to date have been insured by Medicaid or Medicare. The company said it also works with certain private insurers.
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