You can find information easily about the providers and coaches, and then you can quickly do online scheduling, she says, which is particularly important for employees working different shifts at 24-hour hospitals. Lyra onboards, Health (1 days ago) WebEDITOR'S NOTE: This story has been updated to reflect Lyra He Mental health benefits provider Lyra Health grabbed $235 million in a series G round that boosted its valuation , Health (2 days ago) WebLyra helps companies improve access to effective, high-quality mental health care for their employees. Mental Health is a global challenge, Lucas Swisher, a general partner at Coatue said in a statement. Lyra Health cofounder and CEO David Ebersman. This raise brings Lyra's total funding to date to $680 million and values . The process to access care usually starts online. Total amount raised across all funding rounds, Total number of Crunchbase contacts associated with this organization, Total number of employee profiles an organization has on Crunchbase, Total number of investment firms and individual investors, Total number of organizations similar to the given organization, Descriptive keyword for an Organization (e.g. I work really hard at Starbucks and I want to get every benefit I possibly can, Rojas said. I understand that employers want to measure the efficacy of their programs, the former employee said, but its completely inappropriate to share such sensitive data. In 2020, we saw almost instantaneously a shift [to] telehealth and telecare counseling. With Lyra, more people get better, significantly improve, and achieve lasting results. Nominate a behavioral health future leader who is spearheading the transformation of one of the fastest-growing segments in the healthcare continuum. The company covers more than one million U.S. employees and dependents. Pay-for-results pricing model Forget the sunk costs associated with traditional EAPs that require you to pay for a service your employees may not even use. SaaS, Android, Cloud Computing, Medical Device). Lyras growing list of corporate clients includes eBay (Nasdaq: EBAY), Morgan Stanley (NYSE: MS), Uber (NYSE: UBER) and Zoom (Nasdaq: ZM). Feeling stressed and overwhelmed last January, Daniel Rojas decided to take advantage of a benefit Starbucks often touts for its employees around the country: free therapy through Lyra Health, a mental health startup that provides counseling services for some of the biggest companies in the world. For Lyra Health, a mental health care benefits startup with unicorn status, not only has the company weathered the headwinds of the economic downturn, but thrived in them as well. One former Facebook employee, who worked on privacy initiatives at the tech giant, was concerned the data could be abused even if aggregated and anonymized. Lyra's approach to mental health care has been proven to help members improve or recover faster and reduce medical claims costs for employers. BURLINGAME, Calif., Jan. 19, 2022 /PRNewswire/ -- Lyra Health, the leading provider of innovative Workforce Mental Health solutions for employers, today announced it has . The solution uses screening tools to identify people at risk of behavioral health issues and then engages with them to provide care services. The retail medicine continues to have business model centered on the product and controlling the pharmaceutical practice model. The company has also had a history of its clinicians feeling overlooked, two former employees said. Of the seven current and former Google, Facebook, and Starbucks employees who spoke to BuzzFeed News, all but one of them said they did not know the data from these surveys could be shared with employers in any form. Behavioral Unicorn Lyra Health Eyes More Corporate Customers, Continued Is Telehealth Even a Viable Business Model? - Circle Social Inc Google does not access the medical records of people using Lyra Health, and we have no special access, Google spokesperson Jennifer Rodstrom said in a statement. Lyra Health is founded and receives $35 million in Series A funding, led by Greylock Partners and Venrock, Lyra launches Mental Health Coaching and Blended Care Therapy, and secures $45 million in Series B financing, with Tenaya Capital, Glynn Capital, Crown Ventures, and Casdin Capital, Lyra launches Blended Care Medication Management, Lyra raises $75 million in Series C funding, welcoming leading growth investors IVP and Meritech, Lyra named to Fast Companys 2020 list of the Worlds Most Innovative Companies, Lyra secures $110 million in Series D funding, led by Addition and including Adams Street and our existing investors, Lyra earns Forbes Best Product Healthcare Award 2020, Oprah named Lyra investor; Lyra raises $187 million in Series E funding and completes additional $200 million funding round, Lyra Health partners with ICAS World to deliver comprehensive mental health care globally, Lyra introduces Preventive Care suite, along several initiatives to address complex mental health diagnoses including Lyra Renew, Lyra DBT, and Lyra Concierge, Lyra completes $235M funding round, led by Dragoneer and including Salesforce Ventures and existing investor Coatue, Lyra acquires ICAS World and grows to 10 million members, Lyra launches Workforce Transformation and an expanded suite of offerings to support Whole-Family Mental Health. Employer-focused behavioral health startup Lyra scores $200M Lyra has raised $680 million to date and first hit unicorn status in 2020. BuzzFeed News interviewed eight current and former Lyra therapists, and six of them said they did not know about the data sharing. Lyra Health Helps Providers Improve, Capitalize On Employee Mental Still, some patients had not known about the data sharing. Lyra whose juggernaut slate of corporate clients also includes Google, Facebook parent Meta, and Morgan Stanley is one of the leaders in a wave of startups focusing on mental health, applying Silicon Valley's data-absorbed ethos to the discipline of therapy. Lyra: Coaching, Therapy, and Work Life Services . While some other digital health startups opt to employ clinicians themselves, Burlingame, California-based Lyra contracts with providers, most of whom then offer psychotherapy in exchange for a fee. Reddy, who worked at Lyra until 2019, said the system can encourage questionable behavior, and could incentivize therapists to not see a patient for more than a certain number of sessions. They expanded their tech stack, including LinkedIn Sales Navigator to help them balance this period of extreme growth with their commitment to providing members-first personalized service.
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