Business is talking about mental health. Investing, not so much
Funding for companies in the mental health space fell nearly 60% between the third and fourth quarters last year, despite a sharp increase in lip service from business leaders.
That’s according to CB Insights, whose latest report on health care investing points out that the final three months of 2019 saw just $63 million flow into mental health startups, the smallest amount in three years.
At the same time, executives are talking about mental and behavioral health more and more. Those words were uttered more than 100 times on 2019’s fourth-quarter earnings calls, according to the same report, which is more than double the average across the previous four years.
That’s according to CB Insights, whose latest report on health care investing points out that the final three months of 2019 saw just $63 million flow into mental health startups, the smallest amount in three years.
At the same time, executives are talking about mental and behavioral health more and more. Those words were uttered more than 100 times on 2019’s fourth-quarter earnings calls, according to the same report, which is more than double the average across the previous four years.
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