A new mental health venture founded by a tragedy-affected career banker is aiming to fill a gap in the overwhelmed sector by bringing specialist referrals, in person care and telehealth therapy under a single umbrella.
Malu Health, which launches on Wednesday, has so far acquired four bricks-and-mortar mental healthcare clinics, and is looking to raise up to a $100 million to expand that footprint. The venture plans to own more than 100 clinics over the next three years as it builds a national network of psychologists, psychiatrists and other mental health specialists.
Joseph Healy, pictured when stepping down from his role as CEO of Judo Bank in 2024. Credit: Eamon Gallagher
To patients wanting access to mental health care – who must ordinarily gain a referral from a general practi