On November 4, 2015 Genoa, a QoL Healthcare Company (Genoa) announced the launch of Genoa Telepsychiatry with its acquisition of 1DocWay, the nation’s largest outpatient telepsychiatry provider that offers a simple, easy-to-use platform to connect mental health providers and patients. Genoa is continually looking for ways to innovate and better serve the behavioral health community. Many of the Community Mental Health Centers that work with Genoa are facing increased demand for support as they strive to improve access to care for the communities they serve. One significant barrier to fulfilling that mission is the nationwide psychiatry staffing shortage. Genoa is committed to pioneering solutions that can add value to its relationships and improve patient care. Telepsychiatry provides an innovative solution to the gaps in supply and demand for mental health services, including psychiatrist availability. Providing psychiatry services through telemedicine has been demonstrated to be well received by both consumers and providers, serving as a novel method to improve access to care.
1DocWay, Inc., is a NYC-based leading telepsychiatry network operator, whose psychiatry delivery network has treated over 25,000 patients in over 60 clinics across 11 states. Founded in 2011, 1DocWay has been building networks across the country to improve access to mental health treatment in settings where patients need it the most. 1DocWay has been financially supported by iSeed Ventures, Waterline Ventures, Rock Health, Asset Management Ventures, DreamIt Ventures and others in achieving its tremendous growth to date.
Genoa has been serving the behavioral health community for over 15 years. The company provides specialty behavioral health and long-term care pharmacy services to more than 400,000 individuals annually, operating 280 pharmacies in 38 states and the District of Columbia and filling more than 9 million prescriptions per year.
You can find more information about Genoa’s acquisition of 1DocWay on their website.