New Federal Spending Bill Doesn’t Eliminate In-Person Visit Requirement for Mental Telehealth Visits

The latest federal funding bill working its way through Congress will delay a contentious requirement for the use of mental telehealth visits. Despite the rapid ascension of telehealth as a major means of receiving behavioral health care, the Consolidated Appropriations Act 2022 — released on Wednesday — states that clinicians must see their Medicare patients […]

Omada Health Will Integrate Behavioral Health Into All Virtual Care Programs

Omada Health announced Wednesday that it will embed behavioral health support into its suite of care support programs. The San Francisco-based company offers health plans and employers virtual care interventions for diabetes, diabetes prevention, hypertension, and musculoskeletal issues — chronic conditions which represent major drivers of health care spending. With the new addition of behavioral […]

Bamboo Health Gives Virtual MAT Startup Bicycle Health Access to Real-Time Patient Data

Bicycle Health, a telehealth-focused medication-assisted therapy (MAT) treatment startup, is deepening its partnership with Bamboo Health to get access to better data on its patients. On Wednesday, the companies announced that Bicycle Health, which focuses on treating opioid-use disorder, will now use Bamboo Health’s Pings and Spotlights solutions. Boston-based Bicycle Health already uses Bamboo Health’s […]

Amita Health COO: Behavioral Health Providers Who Can’t Quantify the Impact of Care Will Struggle in Value-Based Care World

Amita Health’s behavioral health division adopted measurement-based care because it wanted to understand how and if the care it offered made a difference in the health of its patients. Jason Washburn, a clinical psychologist at Northwestern University and a consultant for Amita Health Behavioral Medicine, said about 15 years ago the Chicago-based health care system […]

Vistria Group Reportedly Set to Buy SMI Provider Beacon Specialized Services for $300M

Chicago-based private equity firm Vistria Group is in the process of buying intellectual and developmental disabilities services and housing provider Beacon Specialized Living. Axios Pro reports that the Vistria Group values Kalamazoo, Michigan-based Beacon Specialized Living at about $300 million, a 10x multiple of Beacon’s $30 million in earnings before interest, depreciation and amortization (EBITDA). […]

Cerebral Strikes Strategic Partnership With Psychedelics Provider Field Trip Health

Cerebral Inc. and Field Trip Health Ltd. announced a partnership they say creates an end-to-end solution for mental health needs. Cerebral, a San Francisco-based digital mental health startup, will now be able to refer qualifying patients to Field Trip Health, a Toronto-based psychedelic-assisted treatment provider. Field Trip Health will in turn connect its patients with […]

Industry Applauds Tough Talk on Parity, Investment in Behavioral Health Workforce in Biden’s State of the Union

Pres. Joe Biden’s State of the Union address laid out a vision for addressing the ailing American mental health care system that was well-received by leaders and advocates in the behavioral health space. Several industry groups and executives in the space expressed their relief that addressing behavioral health — especially mental health and substance use […]

JVs, De Novos and M&A: Acadia Healthcare Prepped for Growth Mode

Acadia Healthcare Company Inc. is barreling into 2022 with momentum as it lays out major growth initiatives for the next few years. The Franklin, Tennessee-based behavioral health company projects that it will add 600 new beds through many avenues in 2022 and will continue to add between 600 and 1,100 beds in 2023 and 2024 […]