Demand for psychological well being providers stays excessive, regardless of lengthy wait lists and an enormous scarcity of suppliers. Final week, psychological well being care startup Two Chairs introduced a serious growth to assist handle this want.
The San Francisco-based firm, which presents 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 growth consists of states reminiscent of Texas, New York, Pennsylvania, Michigan, Illinois and New Jersey.
This growth offers 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 response to the announcement.
The startup, based in 2017, gives 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 seek out therapists. The stigma related to psychological well being care is fading away culturally — however individuals usually battle 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 battle with lengthy waitlists, mismatched therapists or care that isn’t lined by their insurance coverage. Two Chairs was constructed to alter that. We mix human experience with expertise to match sufferers with the precise therapist from the beginning, main to raised engagement and outcomes,” he defined.
Two Chairs makes positive that accessing care is easy, 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 matches their preferences, medical wants and communication type. After that, they start remedy — both in-person, nearly or a mixture 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 in search of to make high-quality remedy accessible and inexpensive by being in-network with main well being plans. It additionally presents self-pay choices for these with out in-network protection.
Katz believes Two Chairs offers 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 areas. Some sufferers favor 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 12 months in the past.
“Since our founding in 2017, we’ve taken an intentional strategy to progress — first establishing a robust basis in California, then increasing into Florida and Washington earlier than scaling nationally. This subsequent section of growth, launching in 19 new states and reaching 22 by June, is a serious milestone,” Katz declared.
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