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Lyra Health - Mental Health Tool For Employees

Lyra Health is changing the way employees and employers deal with mental health. By using an evidence-based approach, employees now have a safe space where they can get the quality care they need. See why Lyra just raised $45 million in funding.

FirstQuote Health Staff
Published on
February 6, 2023
Last Updated on
May 16, 2023
Lyra Health - Mental Health Tool For Employees

Work environments can be a major source of stress and lead to mental health issues such as anxiety, depression, and burnout. Fortunately, Lyra Health understands the impact of workplace stress on employees’ emotional and physical wellbeing. They provide employee mental health services that help organizations create healthier work cultures for their team members. Their advanced digital platform connects individuals with personalized care, ensures confidentially and discretion, offers real-time data reporting tools for employers, and more. With the help of Lyra Health, employees are empowered to take control of their mental health and feel supported in their job.

What is Lyra Health?

Lyra Health is an innovative mental health care provider that is revolutionizing the way businesses and employees approach emotional wellbeing. Their team consists of experts in psychology, psychiatry, and technology who are dedicated to helping employers create healthier work environments for their workforce. With the help of Lyra Health, employers are able to provide their employees with access to expert mental health providers who can deliver personalized care whenever needed. They also offer a number of confidential services such as online counseling sessions and 24/7 digital platforms to ensure patient privacy. With their advanced digital platform and expert staff, Lyra Health is committed to providing top-of-the-line mental healthcare solutions for both employers and employees alike.

Here’s a list of features of their digital platform:

  • Connects individuals with personalized care
  • Ensures confidential and discreet services
  • Offers real-time data reporting tools for employers
  • Provides access to expert mental health providers
  • Delivers personalized care whenever needed
  • Has 24/7 digital platforms to ensure patient privacy

Lyra Health is staffed with experts from the fields of psychology, psychiatry, and technology. The team includes psychiatrists, psychologists, social workers, therapists, and certified professionals across the mental health field. Additionally, Lyra Health has partnered with a number of leading employers and organizations to provide reliable mental health care services.

How it Works

The analytical tools of Lyra assist in creating a perfect match with the best therapists for those employees that require some mental health assistance. The program automatically creates appointments with these professional Lyra providers as well as take care of all the follow-up activities. After setting up the appointments, there are various channels that employees can use to get in touch with their assigned therapists. These channels include video calls, web chatting, and in-person visit.

How Much Does Lyra Health Cost?

The average cost of Lyra Health services depends on the type and level of coverage desired. Companies typically pay for Lyra Health based on a per-employee fee, which can range from $50 to $299 per month depending on the services selected. Additionally, individuals may be eligible to receive certain services at discounted rates or for free, depending on their insurance plans and other factors.

Additionally, Lyra Health works with a variety of insurance plans to provide discounted or free services for individuals. Insurance coverage can vary by state, plan type, and the specific benefits offered. To check the eligibility of a particular insurance plan, users can contact Lyra Health directly or visit their website to learn more about their coverage options.

Why Do You Need Lyra Health For Your Company?

Lyra Health provides comprehensive mental health solutions tailored to the needs of each company. The platform offers access to evidence-based treatments such as cognitive behavioral therapy and medication management, as well as personal guidance and support for employees. Additionally, Lyra Health provides data reporting tools that enable employers to monitor the mental health of their workforce in real time, so they can make informed decisions on how best to support employees’ wellbeing.

Who Sponsors Lyra?

The primary sponsors of Lyra are the employers. Firms that value the mental health and emotional well-being of their employees subscribe to them in the integrated cover. The employers motivate their employees to fill out some registration forms that Lyra utilizes to track their patterns and connect them with reliable treatment. After getting subscribed, Lyra then gets in hired professionals to provide their services to the affected.

Lyra Health Network

Lyra Health is a platform that connects users to mental health resources. It provides access to evidence-based treatments such as cognitive behavioral therapy and medication management, as well as personal guidance and support. Lyra Health Network also has data reporting tools that employers can use to monitor their workforce’s mental health in real time. The platform is used by individuals of all ages, including working professionals, students, parents, seniors, veterans, and many others who are seeking the help they need to manage their mental health. Lyra Health strives to provide accessible and affordable care based on an individual’s unique needs.

With Over $45 Million in Funding, Investors Have Shown Confidence in Lyra

With such a huge funding to establish its operations, it means numerous investors have expressed their trust in Lyra Health. The firms raised a whopping $45 million in a new financing deal with various firms, acquiring a noteworthy stride in providing excellent services towards its clientele. This allowed the company to heavily invest in the right technology to establish the necessary infrastructure for provision of the desired services.

Although Lyra Health is not a health insurance firm but a technology company, it has managed to establish a sophisticated network that links organizations with the mental health care professionals. All these solutions are accessible via smartphones or any other gadget that can access a web interface. The innovative matching technology utilized allows employees to access personalized care without a lot of hustle. This is a part of healthcare that was really complicated but Lyra providers offer a simple solution. It dives into the healthcare provider system, connects the needy with the services they require by utilizing the existing channels and ensures that they are treated well.

Bottom Line

Lyra Health is a leading provider of mental health services, offering an array of options to help individuals receive quality care. By partnering with insurance providers, Lyra Health works to make their services more affordable and accessible to individuals who need them. To help find the right coverage for mental health services, FirstQuoteHealth is a platform that allows users to compare quotes and select the best option for their needs. With these two tools, individuals can access the care they need while also staying within budget.

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