Bhbusiness.com View all Health

Behavioral Health Business: News and Insights for Executives

Details: Behavioral Health Business (BHB) is the leading source for news and information covering the mental health and addiction industry. BHB is part of the Aging Media Network.

› Verified 3 days ago

› Url: https://bhbusiness.com/ Go Now

› Get more:  Mental healthGo Now

Innovive Health Using Home-Based Care To Improve Treatment

Details: Innovive Health had been known to clients and payers as Nizhoni Health for nearly two decades. As it heads into a new brand stage, it wants the transformation to reflect the unique type of home-based care it offers.

› Verified 4 days ago

› Url: https://bhbusiness.com/2021/07/26/innovive-health-using-home-based-care-to-improve-treatment-of-complex-behavioral-patients/ Go Now

› Get more:  Health LifeGo Now

Telehealth Startup Ro Launches Virtual Anxiety, Depression

Details: Digital health provider Ro — which offers online pharmacy services, telehealth and in-home care — has unveiled a new mental health platform for anxiety and depression. The New York-based startup announced the service — Ro Mind — Tuesday on its Medium page. Ro Mind was created to address the growing demand for mental health care services

› Verified 1 days ago

› Url: https://bhbusiness.com/2021/07/28/telehealth-startup-ro-launches-virtual-anxiety-depression-platform/ Go Now

› Get more:  Mental healthGo Now

Walmart Health Eyes Huge Virtual Care Expansion Likely to

Details: The goal is to make health care more affordable and convenient. On the behavioral health front, Walmart has teamed up with Beacon Health Options to achieve those goals. At Walmart Health clinics, Beacon serves patients who are experiencing mild-to-moderate mental health issues, with a focus on depression, anxiety, grief and relationship problems.

› Verified 1 days ago

› Url: https://bhbusiness.com/2021/07/27/walmart-health-eyes-huge-virtual-care-expansion-likely-to-include-behavioral-component/ Go Now

› Get more:  Mental healthGo Now

Ginger Dives into Medicaid with New AmeriHealth Caritas

Details: Based in San Francisco, Ginger is an on-demand virtual behavioral health care system with a valuation north of $1 billion. It works with employers and other partners to deliver coaching, therapy and psychiatry to members via text and video, in addition to offering users a library of self-guided content and skill-building activities.

› Verified 2 days ago

› Url: https://bhbusiness.com/2021/07/28/ginger-dives-into-medicaid-with-new-amerihealth-caritas-partnership/ Go Now

› Get more:  Health LifeGo Now

Behavioral Health Patients Drive Nearly 57% of Health Care

Details: Patients with behavioral health conditions in addition to physical ones drive nearly 57% of all health care spending; however, very little of that money goes toward treating behavioral conditions. That’s according to a new report from Milliman commissioned by The Path Forward for Mental Health and Substance Use.

› Verified 9 days ago

› Url: https://bhbusiness.com/2020/08/13/behavioral-health-patients-drive-nearly-57-of-health-care-costs-yet-little-spent-on-behavioral-treatment/ Go Now

› Get more:  Mental healthGo Now

Pandemic Presents Opportunity for Payers to Renew Focus on

Details: Additionally, the report looked at trends in behavioral health reimbursement, a long-time pain point for providers in the space. Low payment rates are often blamed for behavioral health access issues, as they make it harder to recruit and retain clinicians. That, in turn, contributes to access shortages and inadequate behavioral health networks.

› Verified 8 days ago

› Url: https://bhbusiness.com/2021/07/13/payers-more-likely-to-prioritize-behavioral-health-in-post-pandemic-world/ Go Now

› Get more:  Health LifeGo Now

Inside the Growing Psychedelics Market, Its Potential to

Details: One such company is Optimi Health, a psychedelics company founded last year. “This is a rapidly evolving field of research and Canada is currently ahead of the pack when it comes to approved methods of treating and researching psychedelic therapies,” Mike Stier, the president and CEO of Optimi Health, told BHB.

› Verified 2 days ago

› Url: https://bhbusiness.com/2021/07/16/inside-the-growing-psychedelics-market-its-potential-to-revolutionize-behavioral-health-treatment/ Go Now

› Get more:  Health LifeGo Now

Proposed Medicare Changes Would Make it Easier for

Details: Plus, the agency wants to let Medicare pay for tele-mental health visits provided by rural health clinics and federally qualified health centers. Additionally, the proposed rule aims to make it possible for providers to offer audio-only behavioral treatment to Medicare beneficiaries, when certain conditions are met.

› Verified 3 days ago

› Url: https://bhbusiness.com/2021/07/13/proposed-medicare-changes-would-make-it-easier-for-beneficiaries-to-receive-tele-behavioral-health-treatment/ Go Now

› Get more:  Mental healthGo Now

How Behavioral Health Executives Can Improve Workforce

Details: The pandemic has worsened the nation’s overall behavioral health, underscoring industry-wide workforce shortages and access issues — as well as the dire need to fix them. “The pandemic has been a shock to the system in all sorts of ways,” David Rabinowitz, an Atlanta area senior manager for Deloitte Consulting, said.

› Verified 6 days ago

› Url: https://bhbusiness.com/2021/06/29/how-behavioral-health-executives-can-improve-workforce-shortages-access/ Go Now

› Get more:  Health LifeGo Now

Aetna Tests Trauma-Based Counseling Services for

Details: Meanwhile, Aetna Better Health is a division of Aetna that oversees the insurance giant’s Medicaid managed care business. In February, Aetna Better Health launched the Trauma Informed Care Center of Excellence in an effort to help behavioral health workers better handle the rigors of their job.

› Verified 9 days ago

› Url: https://bhbusiness.com/2021/07/19/aetna-tests-trauma-based-counseling-services-for-behavioral-health-workers/ Go Now

› Get more:  Health LifeGo Now

PE Giant KKR Creates New Mental Health Services Company

Details: The news comes just a few months after KKR invested a reported $1.2 billion into Therapy Brands, a practice management and EHR software platform for behavioral health and physical rehabilitation providers.The firm’s behavioral portfolio also includes BrightSpring Health Services, which KKR acquired in 2019, and Blue Sprig Pediatrics, which KKR formed in 2018 to address the unmet …

› Verified 3 days ago

› Url: https://bhbusiness.com/2021/06/09/pe-giant-kkr-creates-new-mental-health-services-company-geode-health/ Go Now

› Get more:  Health LifeGo Now

Funding Roundup: Talkiatry Raises $20M; VR-Powered Mental

Details: Plus, it has partnered with big-name health insurers, such as United Health Care, Aetna, Humana, Cigna and Blue Cross Blue Shield. “There is a major shortage of psychiatrists, both presently and projected, and a lack of tools and support for them to practice more efficiently,” Georgia Gaveras, co-founder and chief medical officer of

› Verified 4 days ago

› Url: https://bhbusiness.com/2021/07/28/funding-roundup-talkiatry-raises-20m-vr-powered-mental-health-startup-snags-10m/ Go Now

› Get more:  Health LifeGo Now

An Amazon Alum, Spring Health’s New CTO Sets Out to Remove

Details: Just a couple months after rolling out a new value-based care model, Spring Health has also created and filled a new chief technology officer (CTO) position.The behavioral health benefits company tapped Amazon Web Services (AWS) alum Harshit Shah to step into the role in June.. With 20 years of software engineering experience, most recently as head of engineering at AWS, Shah told …

› Verified 8 days ago

› Url: https://bhbusiness.com/2021/07/02/an-amazon-alum-spring-healths-new-cto-sets-out-to-remove-the-guesswork-from-behavioral-health-treatment/ Go Now

› Get more:  Health LifeGo Now

Optum Behavioral CEO: We Must Expand the Behavioral Health

Details: The health care system’s fee-for-service nature is one reason for that, as is the massive supply-demand mismatch in behavioral health. Behavioral stakeholders have often mused that addressing the former could help improve the latter; however, Katherine Knutson, the senior vice president at United Health Group and the CEO of Optum Behavioral

› Verified 4 days ago

› Url: https://bhbusiness.com/2021/04/08/optum-behavioral-ceo-we-must-expand-the-behavioral-health-care-delivery-system-to-facilitate-value-based-care/ Go Now

› Get more:  Health LifeGo Now

Inside Behavioral Care Coordinator Appriss Health’s $500M

Details: Health plans, health systems, pharmacies, and state and federal governments are among the company’s clients. In all, Appriss Health connects nearly one million health care workers across 500 clinical software systems, including more than 140 electronic health records.

› Verified 4 days ago

› Url: https://bhbusiness.com/2021/04/06/inside-behavioral-care-coordinator-appriss-healths-500m-patientping-acquisition/ Go Now

› Get more:  Health LifeGo Now

How Behavioral Health Providers Can Better Serve LGBTQ+

Details: Central Outreach provides care for a variety of co-occurring behavioral health conditions, which are especially common in the LGBTQ+ community and can be complex to treat. According to SAMHSA, 1.9 million lesbian, gay and bisexual (LGB) adults have co-occurring mental illnesses and SUDs. To help them, Central Outreach uses a multi-pronged

› Verified 1 days ago

› Url: https://bhbusiness.com/2021/06/24/how-behavioral-health-providers-can-better-serve-lgbtq-populations/ Go Now

› Get more:  Health LifeGo Now

Behavioral Unicorn Lyra Health Eyes More Corporate

Details: For Lyra Health, a mental health care benefits startup with unicorn status, not only has the company weathered the headwinds of the economic downturn, but thrived in them as well. Based in Burlingame, California, Lyra Health is a digital technology company that helps workplaces connect employees and their families to behavioral health services

› Verified Just Now

› Url: https://bhbusiness.com/2021/02/19/behavioral-unicorn-lyra-health-eyes-more-corporate-customers-continued-growth-in-2021/ Go Now

› Get more:  Mental healthGo Now

Ellipsis Health Reimagines Behavioral Health Measurement

Details: For the most part, behavioral health lacks the objective measurement tools used in physical health care, making behavioral conditions comparatively harder to detect, track and manage. But Ellipsis Health is trying to change that.

› Verified 4 days ago

› Url: https://bhbusiness.com/2021/06/28/ellipsis-health-reimagines-behavioral-health-measurement-management-with-voice-based-tech/ Go Now

› Get more:  Health LifeGo Now

Pipeline: JV Developments for UHS, Acadia; Spero Health

Details: One of the largest hospital management companies in the country, King of Prussia, Pennsylvania-based UHS operates over 330 behavioral health facilities across the U.S., the United Kingdom and Puerto Rico. Meanwhile, Beaumont Health is a health care system headquartered in Southfield, Michigan.

› Verified 5 days ago

› Url: https://bhbusiness.com/2021/07/01/pipeline-jv-developments-for-uhs-acadia-spero-health-brightview-expand/ Go Now

› Get more:  Health LifeGo Now

Amazon Launches New Mental Health Benefit for Employees

Details: Amazon (Nasdaq: AMZN) has launched a new mental health benefit for its full-time U.S. employees, the online retail giant announced Thursday. The new program, Resources for Living, is free to workers and their families, who can use it to find personalized, confidential mental health support and daily life assistance.

› Verified Just Now

› Url: https://bhbusiness.com/2021/05/20/amazon-launches-new-mental-health-benefit-for-employees/ Go Now

› Get more:  Mental healthGo Now

Funding Roundup: Bicycle Health Raises $27M; Mental Health

Details: Bicycle Health snags $27M in Series A. Bicycle Health — a provider of virtual opioid use disorder (OUD) treatment — has raised $27 million in Series A funding. Questa Capital led the investment, with additional participation from City Light Capital and Emily Melton, as well as previous investor SignalFire.

› Verified 1 days ago

› Url: https://bhbusiness.com/2021/06/28/funding-roundup-bicycle-health-raises-27m-mental-health-monitoring-platform-completes-seed-round/ Go Now

› Get more:  Health LifeGo Now

CVS Focuses on Mental Health, Pilots New Social Worker

Details: Leaders at CVS Health (NYSE: CVS) are keeping their eyes on behavioral in 2021 and beyond. In its recently released annual Health Trends Report, the health care giant identified the ongoing mental health crisis as a factor likely to define the health care industry overall in 2021.. The prediction comes as the coronavirus has worsened the nation’s behavioral health.

› Verified 4 days ago

› Url: https://bhbusiness.com/2021/03/15/cvs-focuses-on-mental-health-pilots-new-social-worker-model/ Go Now

› Get more:  Mental healthGo Now

New Directions CEO: Behavioral Health’s Next Chapter Is

Details: It provides managed behavioral health services, an employee assistance program (EAP), a student assistance program, organizational consulting and health coaching to a number of employers and labor groups. In the past five years, the company has more than doubled its membership, currently serving more than 16 million people.

› Verified 1 days ago

› Url: https://bhbusiness.com/2021/06/15/new-directions-ceo-behavioral-healths-next-chapter-is-integrated-data-driven/ Go Now

› Get more:  Health LifeGo Now

Happify Health’s Gaming-Inspired Mental Health Model Aims

Details: Happify Health’s services — which are available in 10 languages — are offered direct-to-consumer, as well as through employers, health plans and pharmaceutical entities. More than 5 million people so far have used the Happify platform, and 20 million are covered through benefits plans.

› Verified 3 days ago

› Url: https://bhbusiness.com/2021/03/30/happifys-gaming-inspired-mental-health-model-aims-to-improve-engagement-treatment-access/ Go Now

› Get more:  Health LifeGo Now

Pear Therapeutics to Go Public Via SPAC

Details: The virtual mental health provider Talkspace is among the hundreds of companies to go public via SPAC this year — and one of the first to do so in behavioral health. Talkspace initially announced the news back in January and is set to begin trading on the Nasdaq on June 23 under the stock ticker TALK.

› Verified 4 days ago

› Url: https://bhbusiness.com/2021/06/22/pear-therapeutics-to-go-public-via-spac/ Go Now

› Get more:  Mental healthGo Now

Inside Vertava Health’s Evolution From a Luxury Rehab into

Details: Outpatient mental health is currently one of the fastest growing subsectors in behavioral health — just ask private equity buyers, who are expected to fuel record levels of M&A this year. Like so many other companies in the industry, Vertava Health is leaning into outpatient.

› Verified 9 days ago

› Url: https://bhbusiness.com/2021/04/15/inside-vertava-healths-evolution-from-a-luxury-rehab-into-a-pe-backed-behavioral-health-system/ Go Now

› Get more:  Mental healthGo Now

Funding Roundup: Value-Based SUD Company Eleanor Health

Details: Eleanor Health raises $20M. Eleanor Health has raised $20 million in an oversubscribed Series B financing round, the company announced Monday. The global private equity firm Warburg Pincus led the funding round, with significant participation from existing investors such as Town Hall Ventures, Echo Health Ventures and Mosaic Health Solutions.

› Verified 5 days ago

› Url: https://bhbusiness.com/2021/05/20/value-based-sud-treatment-provider-eleanor-health-raises-20m/ Go Now

› Get more:  Health LifeGo Now

Ahead of IPO, Telemedicine Startup Hims & Hers Pursues

Details: Behavioral Health Business recently connected with Cohen via email to discuss the company’s behavioral health strategy and outlook, as well as how those will be impacted by its recent decision to go public via a special-purpose acquisition company (SPAC).

› Verified 6 days ago

› Url: https://bhbusiness.com/2020/11/03/ahead-of-ipo-telemedicine-startup-hims-hers-pursues-expansion-of-individual-virtual-therapy/ Go Now

› Get more:  Health LifeGo Now

Behavioral Health Partners Help SSM Health Pioneer Unique

Details: The health system serves patients in Missouri, Wisconsin, Oklahoma and Illinois. In 2019, its total annual operating revenues were north of $7.9 billion. Developing the model . While SSM’s Behavioral Health Urgent Care only opened its doors late last month, the project has been in the works for more than two years.

› Verified Just Now

› Url: https://bhbusiness.com/2020/09/17/behavioral-health-partners-help-ssm-health-pioneer-unique-urgent-care-model/ Go Now

› Get more:  Health LifeGo Now

Private Equity to Fuel Behavioral M&A in 2021, With

Details: Behavioral health dealmakers have predicted that M&A could reach a new peak in 2021, but some subsectors will see more love than others.Specifically, experts predict that demand for outpatient models and autism services providers will be especially high in the year ahead, with private equity (PE) investors fueling the fire.

› Verified 8 days ago

› Url: https://bhbusiness.com/2021/01/29/private-equity-to-fuel-behavioral-ma-in-2021-with-outpatients-models-driving-demand/ Go Now

› Get more:  Health LifeGo Now

Behavioral Health Opportunities Make Up Nearly 40% of

Details: “One of the reasons why throughout COVID that behavioral health services have really grown [is because they] are more easily consumed virtually than physical health, and a lot of health care was done virtually,” Booker said. “The pandemic … was an experiment into telehealth.

› Verified 2 days ago

› Url: https://bhbusiness.com/2021/06/25/behavioral-health-opportunities-make-up-nearly-40-of-frist-cresseys-investment-pipeline/ Go Now

› Get more:  Health LifeGo Now

Aetna Behavioral President Says Holistic, Collaborative

Details: The new behavioral health pilot from CVS Health (NYSE: CVS) focused on collaborative care is indicative of where the pharmacy giant is headed in the future, according to Cara McNulty, president of behavioral health and the Employee Assistance Program at Aetna. “You’ll continue to see us advancing our mental health efforts, right alongside with our physical health efforts, and you’ll see

› Verified 7 days ago

› Url: https://bhbusiness.com/2021/04/16/aetna-behavioral-president-says-holistic-collaborative-care-key-to-companys-future/ Go Now

› Get more:  Mental healthGo Now

How Modern Health Became a One-Stop Shop for Employee

Details: Modern Health then recommends a personalized plan, which includes a combination of digital programs, group learning and one-on-one therapy or coaching. To provide services, Modern Health contracts with licensed clinicians such as social workers and psychologists, as well as mental health coaches certified by the International Coaching Federation.

› Verified 1 days ago

› Url: https://bhbusiness.com/2021/03/05/how-modern-health-became-a-one-stop-shop-for-employee-mental-health-benefits/ Go Now

› Get more:  Mental healthGo Now

Transactions: Discovery Behavioral Health Expands Family

Details: Prosperity is the tenth brand name Discovery has added to its family of brands, according to a press release announcing the news. The facility will supplement four other treatment centers Discovery operates in the state of Washington through Associated Behavioral Health Care, or ABHC, which the company acquired last year.

› Verified 6 days ago

› Url: https://bhbusiness.com/2021/01/08/transactions-discovery-behavioral-health-expands-family-of-brands-three-providers-buy-into-new-states/ Go Now

› Get more:  Health LifeGo Now

UHS Opens New Behavioral Health Hospital

Details: Universal Health Services (NYSE: UHS) has opened its latest behavioral health facility. Canyon Creek Behavioral Health — a 102-bed psychiatric hospital in Temple, Texas — will start serving adults this fall. From there, it will continue to phase in additional units and service offerings through 2021, when it will become fully operational.

› Verified 5 days ago

› Url: https://bhbusiness.com/2020/09/25/uhs-opens-new-behavioral-health-hospital/ Go Now

› Get more:  Health LifeGo Now

How In-Network Behavioral Health Coaching Could Help

Details: Cigna is the first health plan manager to offer Ginger’s services as an in-network benefit. “Navigating the mental health world … can be really challenging and scary for people,” Douglas Nemecek, Cigna’s chief medical officer of behavioral health, said during the discussion.

› Verified 2 days ago

› Url: https://bhbusiness.com/2021/06/01/how-in-network-behavioral-health-coaching-could-help-address-the-industry-wide-therapist-shortage/ Go Now

› Get more:  Mental healthGo Now

After Rebranding, Array Behavioral Health Scores $24M

Details: Health Velocity Capital is no stranger to growing telehealth companies like Array. In fact, it has previously invested in companies such As Teladoc, MDLive, Livongo and Ginger. Like those organizations, Array aims to improve the timeliness and quality care available to people nationwide.

› Verified 1 days ago

› Url: https://bhbusiness.com/2021/02/09/after-rebranding-array-behavioral-health-scores-24m-growth-equity-investment/ Go Now

› Get more:  Health LifeGo Now

Peer Workers, Better Outcome Measures Key to Successful

Details: Behavioral health proponents often tout value-based care as an efficient way for providers to deliver better services, giving them the chance to be paid based on the quality outcomes they produce for patients rather than the historically low fee-for-services reimbursement rates they typically receive.

› Verified 7 days ago

› Url: https://bhbusiness.com/2021/04/13/peer-workers-better-outcome-measures-key-to-successful-value-based-care-in-behavioral-health/ Go Now

› Get more:  Health LifeGo Now

Happify Health Raises $73M

Details: March 18, 2021. New York-based Happify Health, a provider of digital therapeutics and virtual care services for mental health issues and other chronic conditions, has raised $73 million in Series D funding. The round, which the company announced Wednesday, was led by Deerfield Management Company, along with participation from Omega Capital

› Verified Just Now

› Url: https://bhbusiness.com/2021/03/17/happify-health-raises-73m/ Go Now

› Get more:  Mental healthGo Now

Transactions: HCA Selling Behavioral Hospital; New

Details: Founded in 1998, Futures Health Group serves K-12 children and adolescents, offering services such as speech therapy, physical therapy, occupational therapy, special education, nursing and mental health at schools and health care facilities nationwide.

› Verified 8 days ago

› Url: https://bhbusiness.com/2021/05/06/transactions-hca-selling-behavioral-hospital-new-acquisitions-from-brightview-stepping-stones/ Go Now

› Get more:  Mental healthGo Now

From Consolidation to Innovation, Behavioral Health

Details: The behavioral health industry in the U.S. will be strained and tested like never before in 2021. Directly attributable to COVID-19, we have witnessed significant growth in unmet need for behavioral health services because of pandemic-related anxieties, financial instability, isolation and the physical inability of patients to access the critical care they needed during a national health

› Verified 5 days ago

› Url: https://bhbusiness.com/2020/12/08/from-consolidation-to-innovation-behavioral-health-executives-share-their-2021-predictions/ Go Now

› Get more:  Health LifeGo Now

BayMark, Eleanor Health Among Providers Selected for CMS’s

Details: The goal of the demonstration is to increase beneficiaries’ access to OUD services and improve mental and physical health outcomes, while also cutting Medicare expenditures. Those selected to participate in the program include physicians, hospitals, health centers, SUD treatment providers across 37 states, according to CMS.

› Verified 5 days ago

› Url: https://bhbusiness.com/2021/04/08/baymark-eleanor-health-among-providers-selected-for-cmss-new-value-based-oud-treatment-demonstration/ Go Now

› Get more:  Health LifeGo Now

[UPDATED] HHS Opens Relief Funding for Previously

Details: Previously, only behavioral health providers paid by Medicare or Medicaid could apply. Now, an expanded list of providers will be eligible. “Working with the Substance Abuse and Mental Health Services Administration (SAMHSA), HRSA developed a list of the nation’s behavioral health providers now eligible for funding, which includes, for example, addiction counseling centers, mental health

› Verified 3 days ago

› Url: https://bhbusiness.com/2020/10/01/hhs-opens-relief-funding-for-previously-ineligible-behavioral-health-providers/ Go Now

› Get more:  Mental healthGo Now

Walmart Health Offers Counseling for $1 Per Minute

Details: Walmart Health Offers Counseling for $1 Per Minute. As behavioral health providers know all too well, accessing mental health services such as counseling can be expensive, inconvenient and difficult for patients. Walmart (NYSE: WMT) is making moves to remove those roadblocks to care at its Walmart Health centers, where patients can speak with a

› Verified 4 days ago

› Url: https://bhbusiness.com/2020/02/26/walmart-health-offers-counseling-for-1-per-minute/ Go Now

› Get more:  Mental healthGo Now

Providers Beware: Behavioral Health Fraud Investigations

Details: Curley regularly represents health care organizations facing civil investigation requests or subpoenas related to the False Claims Act. His firm, which specializes in health care litigation, recently released its annual review of fraud and abuse, which highlighted several notable 2019 behavioral health settlements with the DOJ.

› Verified 3 days ago

› Url: https://bhbusiness.com/2020/02/21/providers-beware-behavioral-health-fraud-investigations-recoveries-on-the-rise/ Go Now

› Get more:  Health LifeGo Now

Beacon Health Options Expands Partnership with Walmart

Details: Beacon Health Options has expanded its partnership with Walmart (NYSE: WMT). As part of the agreement, Beacon Care Services — a subsidiary of Beacon Health Options — will provide select behavioral health services through the retail giant’s second Walmart Health center. Boston-based Beacon is a behavioral health provider that dubs itself

› Verified 9 days ago

› Url: https://bhbusiness.com/2020/01/29/beacon-health-options-expands-partnership-with-walmart/ Go Now

› Get more:  Health LifeGo Now

Related topics