What is Array Behavioral Care?
Array Behavioral Care, formerly known as InSight + Regroup, stands as the nation's largest telepsychiatry service provider. The company is dedicated to revolutionizing access to behavioral health care through its comprehensive telepsychiatry solutions. Array's offerings span the continuum of care, encompassing OnDemand Care, Scheduled Care, and AtHome Care divisions. For over two decades, Array has been a key partner to hundreds of hospitals, health systems, community healthcare organizations, and payers, focusing on expanding care access and improving outcomes for underserved populations. As an established leader, Array has played a pivotal role in shaping the telepsychiatry field, setting standards of care, and advocating for supportive regulatory frameworks.
How much funding has Array Behavioral Care raised?
Array Behavioral Care has raised a total of $25M across 1 funding round:
Private Equity
$25M
Private Equity (2023): $25M with participation from CVS Health
Key Investors in Array Behavioral Care
CVS Health
CVS Health is a major player in the healthcare industry, focused on building a comprehensive health ecosystem around consumers. Their involvement suggests a strategic alignment with Array's mission to expand access to care, potentially integrating telepsychiatry services into their broader health offerings.
What's next for Array Behavioral Care?
The substantial enterprise-level backing and recent strategic investment position Array Behavioral Care for accelerated expansion and innovation. This capital infusion is likely to fuel further development of its telepsychiatry platform, enhance service delivery across its care divisions, and potentially support strategic acquisitions or partnerships. With a clear focus on improving access and outcomes in behavioral health, Array is poised to deepen its market penetration and solidify its leadership in a rapidly evolving healthcare landscape. The company's trajectory suggests a continued commitment to addressing critical gaps in mental health care delivery through advanced technology and service models.
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