Being Health: Psychiatry-Focused Company Launches With $5.4 Million In Funding

By Noah Long ● Jan 29, 2024

Being Health – a psychiatrist-founded modern mental health practice – recently launched to bring the best of psychiatry, psychotherapy, novel treatments (such as ketamine infusion therapy), functional medicine and wellness services (such as acupuncture and nutrition) all under one roof for a seamless patient experience in New York City. And Being Health has raised $5.4 million in funding from 18 Park and HDS Capital.

In a world that provides one-size-fits-all solutions, Being Health was created for patients who desire a truly personalized approach to mental health care that emphasizes the impact of both mind and body on a person’s well-being. And Being Health offers a multi-dimensional approach and provides access to a diversity of evidence-based treatments to patients experiencing anxiety, depression, trauma, and stress.

Co-founded and led by Cornell-trained psychiatrist Dr. Allie Sharma, Being Health’s care team includes a wide array of clinicians like psychiatrists, psychotherapists, nurse anesthetists (CRNAs), functional medicine physicians, nutritionists, acupuncturists and care advocates – all working together to provide exceptional patient care and better patient outcomes.

Being Health’s mental health practice is guided by empathic clinicians and clinical excellence under the leadership of Medical Director Dr. Hudson Elmore. And with multiple disciplines offered under one roof, Being Health’s team of clinicians collaborate to personalize care according to individual needs, offering the potential for optimized mental health outcomes.

Being Health offers in-person and virtual care, with a two-story, 7,000 square foot built-to-suit clinic located in Lower Manhattan at 76 Beaver St. The state-of-the-art facility features 22 spacious rooms for in-person services. And new patients can book consultations online at beinghealth.co/book-an-appointment.

KEY QUOTES:

“We are combining the best of what is tried and tested in psychiatry with what is new and novel in our field. More and more Americans are grappling with mental health conditions, with far too many feeling overwhelmed by the burden of navigating their own care. At Being Health we’ve created a modern mental health practice that seamlessly incorporates a diversity of therapeutic approaches including, for example, ketamine infusion therapy for treatment resistant depression or functional medicine combined with nutritional support to optimize both health and mental health outcomes, which we know are inextricably linked.”

– Dr. Allie Sharma, Being Health co-founder and Chief Medical Officer

“Being Health’s integrated model of care leveraging traditional and novel treatments is positioned to play a leading role in transforming mental health care as we know it. By expanding the mental health toolkit and building a team of best-in-class clinicians coupled with gold standard safety protocols, Being Health can serve as a bridge to bring innovative treatments to patients in a safe, clinical environment.”

“Today there are more than fifty biotech and pharmaceutical companies investing hundreds of millions of dollars into the development of promising therapeutic applications of novel treatments with approximately thirty clinical trials in Phase II and Phase III with promising results. Upon FDA approval, these novel treatments will likely require delivery to patients in clinically-monitored settings. Being Health is poised to become first-to-market to deliver these novel treatments to patients.”

– Haim Dabah, founder of HDS Capital and lead investor

“Opportunities for enhancing the mental health care system are rapidly expanding and we see ourselves at the forefront of these innovations. We are creating a new standard for modern mental health care and are developing an ecosystem for the future delivery of novel treatments as they become FDA-approved.”

– Stephen Dabah co-founder & president

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