Spring Health

51 Park Avenue South Floor 6, New York, NY 10010

2.5

BPI
Financial Rating

3.8

BPI Stakeholder Rating

3.2

BPI Social Responsibility Rating

Life is stressful enough; finding, scheduling, and accessing diverse and quality mental healthcare shouldn’t be. Spring Health equips employers and health insurers across the globe to make mental health accessible and achievable. We use clinically validated AI tech, what we call Precision Mental Healthcare, to deliver optimal care — from meditation, coaching, therapy, medication, or a combination of all four — to our members. The Spring Health solution has led to 2X higher recovery rates, shorter recovery times and lower healthcare costs. Our approach was recently recognized by the World Economic Forum and endorsed by the American Psychiatric Association, and is used by Fortune 500 companies like Gap, Sysco and Whole Foods as well as high-growth technology companies like Box, DataDog, Instacart and Affirm.

3.2

Overall Excellence Rating

Industry

Healthcare

Category

Health Care Services & Hospitals

ESG/Ethical Impact

Spring Health’s environmental impact is underlined by its commitment to creating a sustainable workplace and reducing its ecological footprint. By adopting energy-efficient technologies, sustainable office practices, and eco-conscious procurement, the company showcases its dedication to minimizing environmental impact. Spring Health’s initiatives to promote a paperless environment, reduce waste, and adopt sustainable business practices underscore its mission to contribute to a greener and more environmentally responsible business landscape.Spring Health’s social impact is deeply rooted in its mission to provide equitable and accessible mental health support to all individuals. By offering innovative mental health solutions and destigmatizing conversations around mental well-being, the company plays a pivotal role in addressing mental health disparities and promoting overall psychological health. Furthermore, Spring Health’s commitment to mental health education, diversity and inclusion, and community engagement exemplifies its dedication to fostering societal well-being and mental health advocacy.Strong governance and ethical practices anchor Spring Health’s operations. The company upholds the highest standards of transparency, regulatory compliance, and ethical decision-making. Transparent communication about its services, data privacy, and ethical considerations reflects Spring Health’s commitment to responsible governance, fostering trust among stakeholders, and upholding the highest ethical standards.Spring Health’s financial sustainability is intricately linked to its commitment to innovation. The company’s investment in research and development drives advancements in mental health solutions, leading to improved patient care and scientific progress. By embracing strategic financial management and nurturing innovation, Spring Health sustains long-term value creation while advancing the trajectory of mental health research and support.Spring Health’s ethical responsibility extends to its mental health advancement practices. The company places patient safety, confidentiality, and ethical innovation at the forefront of its operations. By maintaining rigorous privacy standards, promoting evidence-based therapeutic practices, and prioritizing patient well-being, Spring Health ensures ethical practices that prioritize mental health support and uphold the integrity of its services.

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Awards Received

2023

Revenues

$147,900,000.00

Website Traffic

Employee Rating

3.7

Customer Rating

3.5

Company Size

1000-5000

ESG Risk Rating

3

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