Mental Health Market Insights: The Impact of UnitedHealth's Acquisition of AbleTo
I would tend to think that with the shift of telehealth and the increased demand for mental health services lately, that the high growth opportunities that I had of Able2 would have commanded something more like a 14 to 15x multiple, something with a control premium built into it.
Ever wondered how major acquisitions shape the mental health startup scene? Stephen Hays dives into this question in a detailed episode of the Stigma Podcast. With a keen eye on the financial landscape, Hays breaks down UnitedHealth's Optum acquisition of AbleTo, offering a fresh perspective on what this means for founders in the behavioral health space. Is this a sign of more telehealth growth? Will it change the way startups approach funding?
These are just a few of the questions tackled in this episode. Hays doesn't stop there. He also takes listeners through an overview of April 2020's mental health startup funding, spotlighting significant moves like Compass Pathways' $80 million raise. If you're curious about the rising interest in psychedelics and key players like Atai Life Sciences and Peter Thiel, you'll find this segment particularly intriguing.
For anyone invested in or curious about the future of mental health services, this episode is a goldmine of information. It's not just about numbers and deals; it's about understanding the shifting dynamics of a sector that's increasingly vital to our well-being. So, grab your headphones and get ready to delve into the ever-evolving world of mental health startups with Stephen Hays.