Business
VSee Health Announces $870K Contract with National Mental Health Services Company
SAN JOSE, Calif.--(BUSINESS WIRE)-- VSee Health, Inc. (Nasdaq: VSEE), a leader in comprehensive digital health services and customized telehealth workflow
About this update from Vsee Health, Inc.
[{"type":"text","content":" SAN JOSE, Calif.--(BUSINESS WIRE)--\nVSee Health, Inc. (Nasdaq: VSEE), a leader in comprehensive digital health services and customized telehealth workflow streams, announces a contract renewal of approximately $870K with a nationwide provider of mental and behavioral healthcare services. This renewal underscores VSee’s exceptional client retention and the unmatched value of its platform in enabling the delivery of high-quality mental healthcare solutions.\n\n\n“Now more than ever, telehealth is an essential part of providing mental and behavioral health services,” notes Dr. Milton Chen, Co-CEO of VSee Health. “VSee is dedicated to delivering simple, secure, high-quality video that is foundational to providing virtual mental health care. Moreover, this renewal reflects our continued commitment to advance mental health care through impactful technology including AI tools to optimize clinician workflows and improve outcomes for all.”\n\n\nVSee is recognized for the flexibility and scalability of its platform. Through the use of its lego-like digital health building blocks, VSee provides fast deployment of workflows designed for mental and behavioral health such as PHQ-9 and GAD-7 assessments, custom intake forms, automated client-provider state-matching, anonymized group calls, and a simple no-download patient experience.\n\n\nVSee Growth Potential in TeleMental and TeleBehavioral Health\n\n\nThe digital mental health market is expected to grow from $23.63 billion in 2024 to $27.56 billion in 2025, with a CAGR of 16.6%, according to The Business Group. This growth is attributed to the rise of mental health disorders and the increasing adoption of telehealth services and digital mental health tools. VSee is poised to take advantage of this growth with its secure, scalable, ready-to-customize digital health platform with seamless integration and actionable data insight capabilities.\n\n\nForward-Looking Statements\n\n\nThis press release includes “forward-looking statements” within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Certain of these forward-looking statements can be identified by the use of words such as “believes,” “expects, “intends,” “plans,” “estimates,” “assumes,” “may,” “should,” “will,” “seeks,” or other similar expressions. Such statements may inc...