NeuroFlow Targets ‘Sweet Spot’ for Growth by Working with Value-Based Health Care Clients
Mental health startup NeuroFlow is looking at health systems pursuing value-based payment models as an avenue for growth.
NeuroFlow sees an opportunity to expand its reach through health systems that are using value-based reimbursement plans, which focus on better health outcomes rather than being paid for specific services, Chief Operating Officer Adam Pardes said. The startup is also looking into systems seeking to use the psychiatric collaborative care model, which integrates mental and behavioral health into primary health care for better health outcomes, he said.
The Old City-based startup’s platform can track patients’ moods, pain levels and sleep through self-assessment. Health care providers can use it to identify behavioral health conditions and integrate it into a care plan. The goal is to improve access to behavioral health care while reducing the burden on health systems and providers, Pardes said.
“Those value-based care agreements, risk-bearing entities are — I think — really the sweet spot for what we do,” he said.
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