National telehealth provider American Well has agreed to buy Aligned Telehealth, a leader in the provision of behavioral telehealth and telepsychiatry services to hospitals and health plans.
Combining Aligned Telehealth’s ability to access a network of clinical experts with American Well’s digital care delivery platform, the companies said they will deliver programs that hospitals, health plans, skilled nursing providers and others can leverage “to address the mounting challenges of clinician shortages, fragmented care and societal stigmas impeding adequate behavioral health access and treatment.”
Nearly 25% of Americans with a behavioral health diagnosis are enrolled in Medicaid, making Medicaid the main provider of mental health services for people affected by serious mental health conditions.
“By adding the Aligned clinical network and expertise, American Well can further expand and enhance our virtual behavioral health programs, an exciting and important endeavor that will positively impact patients, their families and the treatment teams providing their care, while advancing clinical outcomes and reducing overall costs,” said Ido Schoenberg, M.D., chairman and CEO of American Well.
