Digital mental health company Headspace announced its new virtual reality app Headspace XR, which utilizes mixed reality and virtual reality to help users strengthen their mind-body connection through movement and breathwork.
The app, available on Meta Quest, includes mood-boosting games, one-on-one guided meditations and other techniques.
Headspace said in a statement it aims to reach a...
Leaders in the digital health space relayed to MobiHealthNews what stood out to them in 2023 as the year draws to an end.
Many noted the meteoric rise of genAI in 2023 and expectations of growing adoption of the technology in 2024, emphasizing the importance of treading carefully as the tech is further implemented. Other stakeholders pinpointed bankruptcies and mergers and acquisitions as being...
Meditation and mental health company Headspace Health has confirmed it laid off 181 workers or about 15% of its workforce.
The cuts are the second round of layoffs for the company in the past year. In December, it laid off about 4% of its workforce, or approximately 50 workers.
The company's CEO, Russell Glass, announced the recent layoffs in an internal memo to employees, stating that the...
Digital mental health company Headspace Health announced Tuesday it would begin offering its clinical care services to companies headquartered outside the U.S.
The digital mental health company said it would start offering its behavioral health coaching, therapy and employee assistance services in addition to its meditation and mindfulness offerings to businesses in the U.K. It plans to expand...
As 2022 draws to a close, MobiHealthNews asked digital health executives about the biggest surprises and most noteworthy events that took place over the past year.
While the economic environment proved more challenging for startups, leaders noted several major deals – particularly by large retail players – and argued that consolidation could be a bigger trend next year.
Guillaume de Zwirek,...
Leaders in the digital health space told MobiHealthNews their predictions about investors' priorities in the coming year and what companies will need to watch out for.
Following 2021's expansive investments and the decrease in funding in 2022, alongside significant layoffs, stakeholders expect funders to be more selective in 2023 – scrutinizing companies' business models and considering whether...
MobiHealthNews spoke with several digital health stakeholders about 2022's funding environment and how it affected digital health startups.
Investments in 2022 decreased drastically compared to the swells of financial capital raised in 2021, and that lack of funding forced companies to rethink their business models.
Read digital health execs' insights on how this year's decreased funding forced...
Headspace Health confirmed it has laid off 50 workers, or about 4% of its workforce.
First reported by Bloomberg, the cuts at the meditation and mental health company are the latest in a spate of layoffs at digital health and health tech companies this year.
Calm, another meditation app that has been expanding with clinical mental health offerings, laid off 20% of its staff in August.
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Wellin5, which offers virtual counseling and therapy tools for Canadians, scored $2 million in seed funding.
Online counseling and therapy platform Wellin5 connects users with a counselor via video therapy, email or text chat. The therapist then provides customized therapy plans for users.
WHAT IT'S FOR
The new investment will help the company grow its team by 300% by 2023 and expand its reach...
Kaiser Permanente members may now access Headspace Health's Ginger as part of Kaiser's digital self-care portfolio, providing on-demand, text-based coaching without a referral.
Ginger's mental health and addiction care offerings will include emotional support coaches available to all of Kaiser's eligible adult members via their smartphone 24/7 with no appointment.
"Kaiser Permanente selected...
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