‘Capital Will Follow Where There’s Predictability’: Ideal Option CEO Connects Value-Based Care and Enterprise Value

Ideal Option knows the addiction treatment industry is constantly in flux, making predictability and timely insights vital to success. That’s why investing in lab services and advancing a value-based care contracting strategy is a top priority for the Kennewick, Washington-based outpatient addiction treatment provider, CEO Tim Kilgallon tells Addiction Treatment News. “Companies like us can […]

Virtual Addiction Treatment Provider Monument Fined By FTC Over Privacy Violations

The U.S. Federal Trade Commission (FTC) has banned virtual addiction treatment startup Monument from sharing patient health information with third parties for advertising purposes. Announced on April 11, this action settles several allegations raised by the FTC. It is the second such action taken by the FTC in the last few days. On April 15, […]

Cerebral Slapped with $15M in Fees in FTC Settlement, Can’t Pay Full Amount

Troubled mental health startup Cerebral Inc. must pay millions to the federal government to settle allegations involving its data privacy practices and cancellation policy. The U.S. Department of Justice and the Federal Trade Commission (FTC) released a federal complaint and proposed order detailing allegations of unlawful sharing of protected health information with third parties for […]

Expect Accelerated Growth From Two Chairs After $72M Funding Round

The San Francisco-based hybrid mental health startup Two Chairs has raised $72 million in a Series C equity and debt funding round. Led by the firm Amplo, the funding round also included Fifth Down Capital and other unspecified investors. Other investors that participated in the previous funding round included Goldcrest and Maveron. In total, the […]

Research Highlights Interconnectedness of Autism and Other Health Conditions, Role of Technology

The autism therapy industry comes to today’s moment of massive investment interest and technological innovation while still in its scientific infancy. Consider that Donald Triplett, who is widely regarded as the proverbial “Case 1” of autism as a diagnosed condition, died less than a year ago. With increased awareness, better diagnostic sensitivity and wider assessment […]

Patient Wins Appeal Bringing Back Parity Lawsuit Against UnitedHealthcare

A federal appeals court revived a lawsuit alleging UnitedHealthcare violated federal behavioral health parity and insurance fiduciary laws. On April 11, the appeals court remanded parity and fiduciary claims to a California district court. The 9th U.S. Circuit Court of Appeals said the lower court erred in dismissing those claims but affirmed a separate question […]

Autism Industry Grapples with Shortage of Experienced BCBAs to Fill Leadership Roles

The autism therapy industry faces a systemic shortage of experienced board-certified behavioral analysts (BCBAs). This pain point is forcing autism therapy organizations to think long and hard about how to find, keep and expand the impact of what few experienced clinicians, especially BCBAs, they need as leaders. Regardless of setting or type, the bottom line […]

Only 8% of Medicaid and 4% of Medicare Enrollees Received Behavioral Health Services

New government findings add details to the lack of availability of behavioral health services for America’s poor and elderly.  The Office of Inspector General (OIG) for the U.S. Health and Human Services Department found that about one-third of behavioral health providers in selected counties serve patients in the Medicare, Medicare Advantage, or Medicaid programs. “Despite […]

Bend Health Broadens Services, Extending Support to Youth Up to Age 25

The virtual pediatric mental health startup Bend Health has expanded its services to young adults. Founded in 2021, the ​​Madison, Wisconsin-based startup was focused on caring for children up to age 17 and their families through partnerships with pediatricians based on the collaborative care model. The extension of services to young people up to age […]

Optum-Backed Refresh Mental Health Acquires CARE Counseling

Optum-owned Refresh Mental Health has acquired fast-growing outpatient mental health provider CARE Counseling, according to several sources close to the matter. The deal marks the second Optum-affiliated outpatient mental health acquisition in the last few years. In 2022, Optum acquired what was ostensibly the second-largest outpatient mental health company: Jacksonville Beach, Florida-based Refresh Mental Health. […]