Massachusetts’ Medicaid to Cover Certain Prescription Digital Therapeutics Offered by Pear Therapeutics Inc.

Last week, Pear Therapeutics announced that MassHealth will reimburse for prescriptions for Pear’s products reSET and reSET-O. The former treats substance use disorder while the latter treats opioid use disorder. Founded in 2013, Pear Therapeutics develops prescription digital therapeutics: or PDTs. The company has successfully received clearance to commercialize three PDTs. The third, other than […]

Evidence That Telehealth Benefits Addiction Treatment is Thin says APA Study

A new study released by an American Psychiatric Association publication finds only a slight link between telehealth and good outcomes in the addiction treatment space. In large part, that’s because the potential evidence to consider when comparing in-person treatment to telehealth in addiction treatment is scant. The study was conducted by researchers with RTI International […]

How PE Is Pushing Behavioral Health M&A to New Dealmaking Heights

Dexter Braff, the president of Pittsburgh-based health care M&A advisory firm The Braff Group, didn’t hold back when describing the red-hot behavioral health merger and acquisition market. “COVID has made us all insane,” Braff said, speaking to attendees of Behavioral Health Business’ inaugural INVEST Conference in Chicago last week. While he admits he can get […]

Monte Nido Could Reportedly Fetch $1B Sale Price

Los Angeles-based Levine Leichtman Capital Partners LLC apparently wants to unload Miami-based eating disorder treatment provider Monte Nido & Affiliates Holdings LLC. PEHub.com reported Monday that Levine Leichtman could seek a sale price of up to $1 billion. That’s based on unnamed sources disclosing to PEHub.com that the private equity firm is seeking a 20x […]

Biden Committed to Achieving Mental Health Parity, Says CMS Administrator

Chiquita Brooks-LaSure, the administrator for the Centers for Medicare & Medicaid Services, said that the top federal health care regulatory agency’s focus is on promoting health equity.  Brooks-LaSure twice invoked the late American civil rights icon Martin Luther King Jr. to frame improving access to health care, specifically behavioral health, as a right of Americans. […]