Accenture Invests in BehaVR to Assist Increase Entry to Psychological and Behavioral Healthcare Utilizing Digital Actuality
NEW YORK; Dec. 13, 2022 – Accenture (NYSE: ACN) has made a strategic funding, by way of Accenture Ventures, in BehaVR, a number one innovator in digital actuality (VR) digital wellness and digital therapeutics experiences.
On the identical day, BehaVR introduced a merger with OxfordVR, a spin-out of Oxford College and a frontrunner in science-based digital actuality remedies for severe psychological diseases. The newly mixed entity will supply complete, cross-acuity, VR-based therapeutic interventions for psychological well being, a part of a digital therapeutics market anticipated to exceed $13B by 2027.
By its proprietary supply platform for creating, validating, and working digital therapeutics options, the BehaVR platform allows personalised, dynamic experiences which might be ruled and tailored in real-time primarily based on biometrics, protocols, and machine studying fashions.
Healthcare leaders count on digital actuality and the metaverse to positively influence the way forward for care, in keeping with the Accenture Digital Well being Expertise Imaginative and prescient 2022 report, which explains how extra significant, tailor-made experiences can additional humanize healthcare by aligning the precise know-how, working mannequin, knowledge, and tradition to ship extra environment friendly and empathetic care.
“Offering individuals with the pliability to resolve when, the place, and the way they need to obtain psychological well being care will assist to enhance entry, expertise, and outcomes,” mentioned Wealthy Birhanzel, senior managing director and Well being observe international lead at Accenture. “BehaVR gives individuals selection and clinicians choices to increase how they look after sufferers.”
BehaVR is now a part of Accenture Ventures’ Challenge Highlight, an engagement and funding program that connects rising know-how startups with the International 2000 to fill strategic innovation gaps. Challenge Highlight gives intensive entry to Accenture’s area experience and its enterprise shoppers, serving to startups harness human creativity and ship on the promise of their know-how.
“Psychological well being points within the U.S. and world wide have by no means been extra prevalent, and there’s an pressing want for elevated sources and remedy,” mentioned Tom Lounibos, managing director, Accenture Ventures. “BehaVR is utilizing the immersive energy of digital actuality to activate and rewire neural pathways to deal with individuals affected by anxiousness, stress, concern and different situations.”
“World wide, suppliers and employers are grappling with the best way to improve the depth, breadth and efficacy of their psychological well being service choices, and we imagine digital reality-based digital therapeutics can play a significant position in serving to them do all of these issues,” mentioned Aaron Gani, founder and CEO of BehaVR. “Becoming a member of Accenture Ventures’ Challenge Highlight is a strong approach to drive elevated consciousness of BehaVR’s VR-powered psychological well being companies as we proceed our work to decrease obstacles and ship superior care to the those who so desperately want it.”
Accenture is a worldwide skilled companies firm with main capabilities in digital, cloud and safety. Combining unmatched expertise and specialised abilities throughout greater than 40 industries, we provide Technique and Consulting, Expertise and Operations companies and Accenture Tune — all powered by the world’s largest community of Superior Expertise and Clever Operations facilities. Our 721,000 individuals ship on the promise of know-how and human ingenuity on daily basis, serving shoppers in additional than 120 nations. We embrace the facility of change to create worth and shared success for our shoppers, individuals, shareholders, companions and communities. Go to us at accenture.com.
BehaVR is the chief in constructing evidence-based, immersive, digital therapeutics designed to create a extra resilient world, liberated from concern and ache. Its suite of clinically validated therapeutics supply entry to remedies on a spectrum throughout psychological wellness and psychological and behavioral situations, together with validated remedies for severe psychological sickness. BehaVR is the primary immersive digital therapeutics firm to ship these remedies on an built-in platform that simplifies the affected person expertise, allows clinician oversight, and generates patient-specific care plans and measurable outcomes. Combining a group of achieved clinicians and researchers with confirmed healthcare veterans and know-how innovators, BehaVR is devoted to bettering entry to raised psychological well being by way of immersive know-how. For extra data, go to us at BehaVR.com.
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