Lyra Health

287 Lorton Avenue, Burlingame, CA 94010

Lyra Health, a leading provider of innovative mental health benefits for more than 2 million U.S. employees and dependents, is transforming mental health care by creating a frictionless experience for members, providers, and employers. Using matching technology and an innovative digital platform, Lyra quickly connects companies and their employees — plus spouses and children — to world-class therapists, mental health coaches, and personalized medication prescribing. Leading employers partner with Lyra to deliver tailored, value-driven mental health benefits to their people. With Lyra, benefits leaders can offer employees fast, reliable access to providers who practice evidence-based mental health care treatments.

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3.1

Overall Excellence Rating

Industry

Healthcare

Category

Biotech & Pharmaceuticals

ESG/Ethical Impact

Lyra Health’s environmental impact might include aspects related to their operations and practices that affect the environment. These could involve efforts to reduce energy consumption, minimize waste generation, and decrease their carbon footprint. Examples might include using energy-efficient technologies in their offices, encouraging remote work to reduce commuting, and adopting eco-friendly practices within their supply chain.Lyra Health’s social impact pertains to how their operations influence the well-being of individuals and communities. Given their focus on mental health services, their social impact could encompass initiatives that improve mental health outcomes for employees and the broader population. This might involve providing access to counseling, therapy, and mental health resources, as well as promoting awareness and reducing stigma around mental health issues. Lyra Health’s focus on mental health services might extend to their own employees. They could have initiatives in place to support their employees’ mental and emotional well-being. This could include benefits such as access to therapy, flexible work arrangements, and resources to manage work-related stress.Governance and ethics refer to the company’s structure, decision-making processes, and adherence to ethical principles. Lyra Health’s governance practices could include transparent leadership, responsible management of resources, and effective oversight to ensure ethical conduct. Ethical considerations may involve protecting patient privacy and data security, as well as maintaining high standards of integrity in all interactions.The financial aspect of ESG involves how a company’s sustainability efforts intersect with its economic performance. For Lyra Health, this might involve demonstrating that their commitment to ESG principles contributes to long-term financial stability and growth. It could also involve communicating how their ESG initiatives align with their business strategy and create value for both the company and its stakeholders.As Lyra Health deals with sensitive healthcare data and provides mental health services, a strong commitment to ethics and compliance is crucial. This involves ensuring the confidentiality of patient information, complying with healthcare regulations (such as HIPAA in the United States), and maintaining the highest ethical standards in their interactions with patients and partners.

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Awards Received

2023

Revenues

$52,700,000.00

Website Traffic

Employee Rating

4.4

Customer Rating

4.2

Company Size

1000-5000

ESG Risk Rating

3

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