Behavioral health startup Octave has raised $11 million in Series A funding. That brings the San Francisco-based company’s total raised up to $14 million, according to the online startup fundraising tracker Crunchbase. The investment round was led by New York-based private equity firm Greycroft, with money also coming from San Francisco-based venture capital firm Obvious […]
Controversial pilot programs that aimed to integrate behavioral and physical health care under the Michigan Medicaid program have been scrapped, according to Crain’s Detroit Business. Gov. Gretchen Whitmer vetoed the funding set aside to make the pilots possible earlier this month — a move that helped end the programs after years of disagreement and turmoil […]
Behavioral health care acquisitions were down 35% in the third quarter of 2019. The drop reflects both month-over-month and year-over-year changes. Q3 2019 saw only 17 publicly announced deals, while Q2 2019 and Q3 2018 each saw 26 deals. That’s according to acquisition data from HealthCareMandA.com, which part of Irving Levin Associates, a publisher of […]
The federal Substance Abuse and Mental Health Services Administration (SAMHSA) has proposed changes to the rules that govern substance use disorder (SUD) treatment records. The goal is to loosen certain restrictions in an effort to better coordinate patient care, especially for those being treated for opioid addiction. Specifically, the proposed rule, which was announced in […]
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