December 21, 2021
2021 was a transformative year for Quartet Health, with a steadfast focus on how we can continue to help more people get the mental health care they need. This year we invested in our talent, operations, product, and corporate strategy to deliver more for patients, providers, and health plan partners. We are energized by our work this year, and remain steadfast in our growth in 2022 to meaningfully advance speed to quality mental health care for all.
BY THE NUMBERS
SPEED TO CARE FOR ALL
Quartet is a company that works with health plans, systems, and provider groups to deliver speed to quality care for all. This year we announced our next stage of growth to make speed to quality care for all patients across clinical needs, acuity levels, and insurance types a reality.
To deliver on our promise of speed to quality care, Quartet joined forces with innovaTel Telepsychiatry, one of the nation’s leading providers of quality clinical care. This acquisition will enable Quartet to develop care delivery capabilities, with a specialization around those with serious mental illness. These care delivery capabilities will complement Quartet’s existing ecosystem of high-performing mental health care providers and partnerships. As one of the nation’s leaders in virtual psychiatric care, innovaTel employs 130 clinicians, 51% prescribers, and 27% clinicians of color. By the end of 2022, Quartet will scale to more than 30 states through this acquisition.
In addition to the more than 12,000 mental health clinicians that Quartet has onboarded to its platform over the last 7 years, the company also holds relationships with national provider organizations and care delivery companies to quickly connect patients to care.
In 2021, Quartet expanded its referral partnership with AbleTo to additional states, creating a solution for patients in Washington State to immediately connect and schedule with AbleTo the day they are referred. Moreover, this year Quartet expanded its work with Mindpath Health and began working with Brightside and Thriveworks, offering expanded access to high-quality care. The company also launched partnerships with Equip, which specializes in eating disorders, and Boulder Care, which has expertise in treating patients with substance use disorder. In the coming weeks, Quartet is excited to launch a new care pathway with LifeStance, where patients will secure an intake appointment with LifeStance after connecting with a Quartet Care Navigator.
FUTURE STATE GROWTH
Quartet’s vision of speed to quality care for all was accelerated this year through strategic collaboration, including more than $60 MM from new and existing investors. This capital will be put to use to advance the following four areas:
To deliver on this next stage of growth, this year Quartet welcomed market-leading talent to help advance our next stage of growth. Among the leadership that has joined Quartet includes Christina Mainelli (Chief Operating Officer), Deb Stroff (Chief People Officer), Ed Feraca (Chief Technology Officer), and Sharyn Alcaraz (General Counsel). We invite you to read more about our full slate of senior leaders here.
This year we were fortunate to add two additional members to our Board of Directors: Dr. Patrice Harris and Gregory E. Deavens. Dr. Harris is board-certified in psychiatry and has served both her community in Atlanta and the country. In 2019, she became the first African American woman to serve as president of the AMA. Dr. Harris is committed to addressing racial and socioeconomic inequities in the healthcare system and currently treats patients through her private practice.
Gregory E. Deavens is the president and CEO of Independence Health Group. Mr. Deavens is a champion for health equity, and we are honored to have someone as committed as he is to quality patient care join our board.
ONWARD TO 2022!
As a result of all this progress, we have helped even more patients access high-quality mental health care. 2021 has brought a lot of growth to Quartet, and we can’t wait to grow even more in 2022! Thank you for your continued trust and support.
At Quartet, we know that mental health care isn’t one size fits all.
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