The lack of access to mental health services in the United States is a root cause that’s deepening the mental health crisis the country presently faces. Ninety-six million Americans have had to wait for more than a week for mental health treatments. 25% of Americans report having to choose between mental health services and daily necessities. Many therapists forgo accepting insurance because of the administrative burden to accept insurance and ongoing claims processing, creating another barrier for access and affordability. Headway is a national network of therapists that that leverages software to empower therapists to onboard their practices into insurance networks, making mental healthcare services, covered by insurance, accessible for patients. Patients can quickly find a provider that accepts their insurance, matched to their preferences on Headway’s site with a full understanding of what it will cost. Therapists are able to expand their practice base while offloading scheduling and billing. AlleyWatch caught up with CEO and Cofounder Andrew Adams to learn more about Headway’s mission of making mental healthcare accessible for the first time at scale, the company’s expansion plans, the latest round of funding from investors that include Andreessen Horowitz, Thrive, GV, and Accel.
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