Demand for psychological well being providers stays excessive, regardless of lengthy wait lists and a large scarcity of suppliers. Final week, psychological well being care startup Two Chairs introduced a significant enlargement to assist deal with this want.
The San Francisco-based firm, which gives hybrid behavioral well being care, expanded its presence from three states to 22 states.
Earlier than, Two Chairs operated in California, Florida and Washington. The enlargement consists of states resembling Texas, New York, Pennsylvania, Michigan, Illinois and New Jersey.
This enlargement provides tens of millions of individuals entry to remedy providers, as Two Chairs’ providers at the moment are out there to 75% of the U.S. inhabitants, in keeping with the announcement.
The startup, based in 2017, supplies each digital and in-person psychotherapy for adults with a variety of psychological well being points throughout the acuity spectrum.
The corporate seeks to make it simpler for sufferers to search out therapists. The stigma related to psychological well being care is fading away culturally — however individuals usually wrestle to discover a psychological healthcare supplier as soon as they acknowledge they want one, identified Two Chairs Founder and CEO Alex Katz.
“Discovering a therapist shouldn’t be exhausting, but too many individuals wrestle with lengthy waitlists, mismatched therapists or care that isn’t coated by their insurance coverage. Two Chairs was constructed to alter that. We mix human experience with expertise to match sufferers with the correct therapist from the beginning, main to higher engagement and outcomes,” he defined.
Two Chairs makes certain that accessing care is straightforward, with appointments usually out there inside a pair days, Katz famous.
Sufferers begin with a digital session with a licensed clinician who helps perceive their wants. They’re then matched with a therapist who suits their preferences, scientific wants and communication model. After that, they start remedy — both in-person, nearly or a mix of each.
All through their care journey, Two Chairs customers obtain customized, measurement-based suggestions to trace their progress and guarantee they’re getting higher, Katz added.
He additionally famous that the corporate is looking for to make high-quality remedy accessible and reasonably priced by being in-network with main well being plans. It additionally gives self-pay choices for these with out in-network protection.
Katz believes Two Chairs provides sufferers the flexibleness to decide on how they interact with psychological well being care.
“Our hybrid care mannequin combines the comfort of digital remedy with the depth of in-person classes in choose places. Some sufferers want all-virtual care, whereas others go for in-person remedy or a hybrid combine when out there. Providing these choices ensures sufferers have the flexibleness to decide on what most closely fits their wants and preferences,” he defined.
Two Chairs employs greater than 600 licensed therapists utilizing a W2 employment mannequin. It has raised $130 million in capital, with its most up-to-date funding spherical being a $72 million spherical from a few yr in the past.
“Since our founding in 2017, we’ve taken an intentional method to progress — first establishing a powerful basis in California, then increasing into Florida and Washington earlier than scaling nationally. This subsequent part of enlargement, launching in 19 new states and reaching 22 by June, is a significant milestone,” Katz declared.
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