Headway.co

Headway.co is a mental health care platform that has expanded its services to all 50 states and the District of Columbia. The company raised $125 million in a Series C fundraising round led by Spark Capital. Headway’s network includes over 26,000 mental health care providers, making it the largest network of therapists and psychiatrists in the country who actively accept insurance. Clients using Headway’s platform save an average of 75% on therapy sessions, and the platform accepts insurance plans from Aetna, Anthem Blue Cross and Blue Shield, UnitedHealthcare, Cigna, Oscar, and Oxford. The platform supports video therapy sessions covered by insurance and offers a provider referral program that rewards $350 for each referred provider who joins. Headway’s services are free for clients, who only pay for therapy sessions, and the platform streamlines the process for therapists to get credentialed with multiple insurance plans simultaneously. Providers benefit from guaranteed, biweekly payments, eliminating the wait for reimbursement, and have access to tools for scheduling, documentation, and revenue cycle management to reduce administrative burdens. Headway partners with health plans to increase network access, deliver quality care, and enhance member experience. The platform supports a variety of mental health providers, including talk therapists and psychiatrists, in both virtual and in-person care settings, and helps clients find in-network therapists quickly and easily, often within two days of first contact.