01/21/2025 /M & A
Iris Telehealth Acquires innovaTel to Expand Telepsychiatry Services

Iris Telehealth, a leading provider of behavioral health services, has acquired innovaTel, a division of Quartet Health, to enhance its telepsychiatry services. The acquisition aims to address the growing demand for behavioral health support and the shortage of mental health providers in the U.S.
This strategic move positions Iris Telehealth as one of the largest telepsychiatry companies in the nation, allowing it to offer innovative Virtual Clinic & Iris Insights solutions to health systems and community organizations. The consolidation is expected to improve care outcomes and alleviate challenges such as clinician shortages and access disparities.
The combined organization will provide a comprehensive range of high-quality behavioral health services, catering to the needs of patients seeking virtual care. Iris Telehealth's long-term vision is to tackle the nation's behavioral health crisis by consistently increasing access to quality mental healthcare.
For more information about the aquisition, click here.
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