Health and Wellness
The startup connects new mental health providers with supervisors to complete their licensure requirements. The new funding brings its total raise to $16.3 million.
Medication management-focused Arine raised $29 million, Epic-based virtual care platform KeyCare scooped up $24 million, and care coordination software company CareHarmony raised $15 million.
After an emergency call, patients who overdose or have symptoms of opioid use disorder can be referred to Bicycle Health for treatment.
The company also has pending approvals for the device in Australia and Thailand.
The online treatment has been licensed to Blue Note Therapeutics for the development of a counterpart version in North America.
A memo sent to employees from CEO David Ko said the company is "not immune to the impacts of the current economic environment."
A live website about the offerings also details a partnership with digital mental health company Ginger.
Also, engineers from the University of Hong Kong have come up with a tiny biosensing platform for personalised health monitoring.
Researchers found remote patient monitoring use among Medicare beneficiaries increased from 91 claims per 100,000 enrollees in February 2020 to 594 claims per 100,000 enrollees in September 2021.
It will soon launch its mobile app on Android and iOS devices.