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The Hemingway Report

For mental health operators, get the deep-dives, analysis and insights you need to build an impactful mental health business.

Written by

Steve Duke

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The Strong Ones

Mar 27, 2026

•

16 min read

The Strong Ones

Dr. Jessica Gaulton, CEO and Founder of FamilyWell, on partnerships, growth, fundraising and the permission to let go.

Steve Duke
Steve Duke
#87: The Map is Not The Territory

Mar 20, 2026

•

18 min read

#87: The Map is Not The Territory

Understanding evals and the frontier of AI testing in mental health

Steve Duke
Kevin Hou
Steve Duke, +1
#86: AI Outperforms Human Therapists in Text-Based CBT Delivery

Mar 12, 2026

•

9 min read

#86: AI Outperforms Human Therapists in Text-Based CBT Delivery

A ground-breaking Nature Medicine study from Limbic

Steve Duke
Steve Duke

Archive

The Strong Ones

Mar 27, 2026

•

16 min read

The Strong Ones

Dr. Jessica Gaulton, CEO and Founder of FamilyWell, on partnerships, growth, fundraising and the permission to let go.

Steve Duke
Steve Duke
#87: The Map is Not The Territory

Mar 20, 2026

•

18 min read

#87: The Map is Not The Territory

Understanding evals and the frontier of AI testing in mental health

Steve Duke
Kevin Hou
Steve Duke, +1
#86: AI Outperforms Human Therapists in Text-Based CBT Delivery

Mar 12, 2026

•

9 min read

#86: AI Outperforms Human Therapists in Text-Based CBT Delivery

A ground-breaking Nature Medicine study from Limbic

Steve Duke
Steve Duke
#85: Green Shoots: The 2025 Mental Health Earnings Report

Mar 7, 2026

•

18 min read

#85: Green Shoots: The 2025 Mental Health Earnings Report

Outpatient profitability, rate movement, clinician productivity, valuation divergence and more...

Steve Duke
Steve Duke
#84: All the Harm We Cannot See

Feb 27, 2026

•

18 min read

#84: All the Harm We Cannot See

What we’re getting wrong about AI Safety in Mental Health

Steve Duke
Kevin Hou
Steve Duke, +1

GUIDE

#83: What Investors Mean When They Ask for Validated Outcomes

Feb 20, 2026

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21 min read

#83: What Investors Mean When They Ask for Validated Outcomes

Moving Beyond Engagement Metrics, with Jennifer Huberty, PhD

Steve Duke
Jennifer Huberty, PhD
Steve Duke, +1

THR Pro

#82: The Innovations That Actually Improve Psychotherapy Outcomes

Jan 24, 2026

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13 min read

#82: The Innovations That Actually Improve Psychotherapy Outcomes

and the impact that has for mental health businesses

Steve Duke
Steve Duke
#81: Using GenAI to scale personalised exposure therapy

Jan 16, 2026

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17 min read

#81: Using GenAI to scale personalised exposure therapy

Adam Hutchinson shares learnings from two years of using Gen AI video in mental healthcare

Steve Duke
Steve Duke
#80: 13 Predictions for the Mental Health Market in 2026

Dec 19, 2025

•

25 min read

#80: 13 Predictions for the Mental Health Market in 2026

Based on insights from 25 mental health leaders

Steve Duke
Steve Duke
...
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