Less than six months after The Emily Program and Veritas Collaborative merged, the eating disorder treatment provider has announced a new name for its parent company: Accanto Health. And that’s not the only change coming down the pike for the newly combined organization, according to CEO Dave Willcutts, who has his eyes set on acquisitions, […]
Earlier this year, Oregon officially decriminalized drug possession. As of Feb. 1, people caught with small amounts of illegal drugs are hit with a $100 ticket rather than being arrested. That fine can be waived if the ticket recipient agrees to take a health assessment. Plus, that person is given the option to receive free […]
Magellan Health — a managed care organization (MCO) and behavioral health provider soon to be owned by Centene Corporation (NYSE: CNC) — is looking to reimagine the way behavioral health is delivered. Specifically, the Phoenix-based MCO is bullish on integrated, collaborative approaches — and using technology to help make them possible. “Magellan is in the […]
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 […]
Hims & Hers Health (NYSE: HIMS) — a direct-to-consumer telemedicine company — is launching an individual, video-based therapy offering. The new service will complement the platform’s existing mental health portfolio, which includes online psychiatric services, free anonymous support group sessions and a 24/7 phone-based crisis line. The addition fits into the company’s goal to make […]
Optum has changed the way it covers out-of-network benefits for certain members in California, leaving many residential behavioral health providers unsure where they stand and what the changes means for future payments, Behavioral Health Business has learned. Part of the multinational managed healthcare and insurance company UnitedHealth Group, Optum detailed the policy changes in a […]
In a move designed to improve access to medication-assisted treatment (MAT), the U.S. Drug Enforcement Administration (DEA) is making it easier for qualified providers to remotely dispense methadone for opioid use disorder (OUD). A new final rule is making it possible. It streamlines the DEA registration process, cutting red tape for methadone MAT providers looking […]
Thanks for reading Behavioral Health Business! If you haven’t already, be sure to subscribe to our newsletter, which brings the latest industry updates and breaking news stories directly to your inbox. In observance of Independence Day, BHB will not be sending out a newsletter on Monday, July 5. Instead, it will go out on Tuesday, […]
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. Founded in 2017 and based in San Francisco, the company uses machine-learning techniques to analyze speech in order to detect and […]
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. Headquartered in Boston, Bicycle provides virtual […]