Talkiatry To Expand Value-Based Behavioral Care With New $130 Million Financing Round  

Online psychiatric care provider Talkiatry secured $130 million in a new equity and debt financing round. The company plans to use the funds toward continued expansion of its value-based care model for behavioral health. ;

Talkiatry’s model is designed to expand access to quality treatment while improving outcomes and generating savings. The company said a national health plan conducted a matched cohort analysis of Talkiatry services compared with in-network care from other behavioral health providers. It found Talkiatry's cohort achieved a 68% lower hospitalization rate, 32% fewer emergency room visits, and generated approximately;$700 . . .