Behavioral health care provider Forge Health announced Monday the company has raised $11 million to expand services and grow value-based care partnerships. New York state-based Forge Health landed the seven-figure growth investment in a fundraising round led by New York City-based venture capital firm HC9 Ventures. Forge Health aims to bring its blend of digital […]
A new study indicates that few Medicare patients with a substance use disorder (SUD) who need treatment actually receive that care. The newly published research from nonprofits RTI International and the Legal Action Center studied the 1.7 million Medicare beneficiaries that were estimated to have SUDs between 2015 and 2019. Using data from the National […]
The behavioral health industry has seen a large number of funding deals in 2021. Behavioral Health Business has put together a collection of the largest funding rounds in behavioral health to give you a better idea of who those companies are. Spring Health Hits $2B Valuation After New $190M Funding Round Behavioral health benefits company […]
Behavioral Health Business interviews the most exclusive C-suite executives in the behavioral health industry. We get insights from behavioral health leaders on the issues they’re facing. Here’s a look back at our favorite interviews. Inside KKR’s Newly Formed Behavioral Platform, Geode Health Behavioral Health Business connected with Geode Health CEO Gaurav Bhattacharyya to learn more […]
Here are some of the biggest mergers and acquisitions in the behavioral health industry over the last year. Ginger and Headspace Finalize Merger, Creating $3B Behavioral Health Platform The newly-combined Headspace Health brings together Ginger’s therapy, counseling, and coaching services with Headspace’s mindfulness and meditation offerings. The company will serve more than 100 million customers […]
As a majority of the medical and healthcare community have made the transition to electronic health records over the past decade, behavioral health providers have fallen behind in adopting EHRs in their process, which can cause difficulties for integrating care for behavioral health patients. At a September public meeting for the Medicaid and CHIP Payment […]
For all its ills, the pandemic has done one positive thing for behavioral health: It has helped to destigmatize the practice. Attention to mental health in the United States, arguably, has never been greater, with so many having to deal with isolation, stress and daily anxiety about work and family. Architects in the mental and […]
Behavioral health transactions in the mergers and acquisitions space continue to flourish in 2021. As the country emerges from the pandemic, the need for these services is expected to continue to climb. Mental health has been a dominant theme in the health care space as COVID-19 has left many in vulnerable and struggling positions related […]
A new report by VMG Health examines the trend for non-profit hospital systems to form joint ventures with for-profit behavioral health providers, stating that the combinations have become more common in recent years due to the surge in demand for behavioral health services, limited bed capacity, and the ability for “both the non-profit and strategic […]
A federal audit of Colorado’s OTP services to determine whether the state’s oversight ensured that Medicaid OTP services in Colorado met Federal and State requirements found that nearly 80% of services sampled did not meet those requirements. “On the basis of our sample results, we estimated that over 1.1 million OTP services, or about 79 […]
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