On Thursday, Inhabitants well being expertise firm Coloration Well being introduced its acquisition of Temper Lifters, a psychological well being program for teams of adults and youth.
Coloration Well being’s platform helps to construct digital infrastructure for the distribution of well being initiatives to achieve, display and join individuals with care. It additionally develops software program that may combine with testing infrastructure in public well being. The corporate groups up with public well being businesses, analysis establishments, employer organizations, well being techniques and different organizations.
Temper Lifters is a group-based psychological well being firm for points like stress, melancholy, anxiousness and tough life conditions. It varieties teams led by members who’ve accomplished the course themselves.
The brand new providers will permit Coloration to help faculty districts, public well being departments and others caring for inhabitants well being to supply behavioral and psychological well being remedy at scale.
“At Temper Lifters, we have constructed a program that reduces the non-public and financial burden of stress, melancholy and anxiousness,” Dr. Patricia Deldin, cofounder and CEO of Temper Lifters, stated in a press release. “Now, with Coloration, we will understand our shared dream of bringing available, high-quality, efficient, low-cost, evidence-based care to those that really want it, wherever they’re and no matter their means.”
THE LARGER TREND
Final 12 months, Coloration landed $100 million in Collection E funding, bringing the corporate’s valuation to $4.6 billion. The funding got here lower than a 12 months after Coloration closed a $167 million Collection D funding spherical.