The Future of Quartet and innovaTel

This week, we were thrilled to officially share news on the future for Quartet and innovaTel.  The two entities have been acquired by NeuroFlow and Iris Telehealth, respectively, opening an important door for the future of quality care in behavioral health. This new chapter will drive even better quality and affordability for more patients living with mental illness across the U.S., and we are excited for this next step for our customers, patients and employees. 

The NeuroFlow and Iris acquisitions are a testament to the strength of the businesses we have built at Quartet and innovaTel, and the value we have created across the platform and within the broader behavioral health ecosystem. Both of these companies are leaders in their categories – with NeuroFlow as a core technology provider in behavioral health and Iris being a leading telepsychiatry company for health systems and community clinics. The differentiated competencies that Quartet brings in tech-enabled patient care and innovaTel brings in telepsychiatry and teletherapy services will only further strengthen their core offerings and better position them to transform the way behavioral health care is delivered. 

Compelling Strategic Benefits of the Combined Organizations

• Both NeuroFlow and Iris share Quartet’s passion for a patient-centric approach to increase access to quality care for those with mental illness.   
• Quartet’s Care Connections platform will add a large network of referral options enhancing care accessibility for NeuroFlow’s customers, and our proprietary technology and analytics will complement NeuroFlow’s AI-powered analytics and care coordination workflow solutions.
• innovaTel brings more than 165 quality providers to Iris’s team, allowing even greater impact on the customer, patients and communities that they serve.

At Quartet and innovaTel, we believe in delivering high-quality, whole-person care to those with behavioral healthcare needs – wherever, whenever and however it’s needed. This dedication to our mission will not change under these new parent organizations. When our leadership team began this process, we were laser-focused on finding organizations that aligned closely with our vision and purpose. In NeuroFlow and Iris, we found like-minded leadership teams that believe in doing the right thing – putting patients first and looking to ensure that care for mental illness is accessible and affordable. Together, our teams will help make this critical, and often overlooked, category of care within reach for everyone we serve. 

And, thank you to MTS Health Partners and Gunderson Dettmer for their support with these transactions. 

Finally, we want to thank the Quartet and innovaTel teams for all their efforts and hard work – both as a part of this acquisition process and in all they have done to tirelessly serve our patients and customers. You’ve shown an unwavering focus on executing with excellence, and we know that in this next chapter you will continue to deliver the high quality of care and attention that you always have.