Spring Health, the most comprehensive global mental health solution for employers and health plans, announced today that the company has been named to Fast’s annual Next Big Things in Tech list Company. The award celebrates technological advances that are changing the way we all work and live
Fast Company honored Spring Health as one of six organizations—and the only mental health company—leading the way in healthtech and cited how Spring’s Precision Mental Healthcare approach is “taking the guesswork out of mental healthcare.”
The award highlights how “mental health care can be time-consuming and expensive, with patients often having to try many different types of medications, therapies, and supports to find what works. ,” but noted that Spring Health’s unique technology uses AI and data. to focus on the right care that is appropriate for each individual. On average, Spring Health members recover eight weeks faster than traditional solutions.
“Mental health is the leading cause of disability in the world. But more than half of those who get a diagnosis never get treatment, and 70% of people who receive treatment do not get better the first time,” said Spring. Health Co-Founder and President Adam Chekroud. “The epidemic of underdiagnosis, undertreatment, and ineffective care is a defining problem of our time, and Precision Mental Healthcare has repeatedly proven to be one of the few scalable solutions that consistently improves the consequences.”
Fast Company’s team of business and technology experts evaluated each potential honoree in a month-long, multi-round process on four dimensions: relevance, creativity, growth and potential, and impact. They determined that Spring Health is one of the leading companies in the world by measures.
“The Next Big Things in Tech is not just a look around the corner – it is a look around the corner after that,” said Brendan Vaughan, editor-in-chief of Fast Company. “These are the products and ideas that will define technological innovation for the rest of the decade and beyond—and solve some of the world’s most pressing issues. We are pleased to honor the organizations that make them a truth.
Spring Health is a comprehensive mental health solution for employers and health plans. Unlike any other solution, we use a clinically validated technology called Precision Mental Healthcare to determine and deliver exactly what works for each person – whether that’s meditation, coaching, therapy, medication, and so on. Today, Spring Health serves more than 4,500 companies, from startups to multinational Fortune 500 corporations, and is a preferred mental health provider to companies such as General Mills, Bain, and Instacart .