Woebot Health — a digital therapeutics provider that specializes in mental health treatment — has raised $90 million in Series B funding, bringing its total funding raised up to $114 million. The company announced the news Wednesday. JAZZ Venture Partners and Temasek co-led the round, with additional participation from funds and accounts managed by BlackRock […]
Since Little Leaves Behavioral Services was founded about five years ago, the center-based applied behavioral analysis (ABA) provider has grown by four times. That includes the addition of two new locations in the past few weeks, and its expansion from the Mid-Atlantic into Florida for the first time last year. Now, the provider — which […]
Amid pervasive workforce shortages and a growing demand for services, Optum Behavioral Health is working to reimagine the way behavioral health care is delivered. CEO Katherine Hobbs Knutson, who joined the company about a year ago, is leading the charge. “That divide between … what exists in the field versus what people actually have access […]
Ashley Addiction Treatment and Release Recovery Foundation have teamed up to launch a scholarship for underserved communities in need of substance use disorder (SUD) treatment. Specifically, the new scholarship program aims to remove financial barriers for people of color, who are less likely to get treatment than their white counterparts. “Our real goal is to […]
The Centers for Medicare & Medicaid Services (CMS) wants to make it easier for Medicare beneficiaries to receive behavioral health treatment via telehealth, according to the proposed 2022 Medicare physician fee schedule released Tuesday. Specifically, CMS has proposed lifting certain statutory restrictions to allow Medicare beneficiaries to receive tele-mental health services in their homes — […]
A new report from the Washington, D.C.-based health care consulting firm Avalere Health is highlighting payers’ shortcomings in behavioral health. Specifically, researchers found that payers still have work to do when it comes to ensuring parity compliance, improving network adequacy, adopting value-based models and focusing on other factors that could boost behavioral health access. The […]
Biden Picks ONDCP Head The Biden Administration has officially chosen its new top drug policy official, the White House confirmed Tuesday. Rahul Gupta — the former West Virginia public health commissioner who most recently served as chief medical officer at the March of Dime — has been tapped for the position. If confirmed, he will […]
While COVID-19 has worsened the nation’s overall behavioral health, it has also interrupted the delivery of behavioral health treatment, a new study suggests. The research — published last month in the journal Health Affairs — shows that fewer people started antidepressants, antipsychotics and anti-anxiety medications during the first five months of the pandemic. Specifically, new […]
If the pandemic has a silver lining, it’s the spotlight COVID-19 has put on the behavioral health industry. A growing number of Americans are struggling with substance use disorders (SUD) and mental health conditions, prompting lawmakers and payers to take notice, and in many cases invest more attention and funding into fixing the problem. But […]
Monte Nido & Affiliates deepens New York footprint Monte Nido & Affiliates has opened a new residential eating disorder treatment program near Rochester, New York. Monte Nido Western New York officially opened July 2. The residential program serves adults of all genders with anorexia nervosa, bulimia nervosa, binge eating disorder and exercise dependency, as well […]
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