More people are comfortable using telehealth as behavioral health services utilization has taken off from commercially-insured patients, according to one major health system. University of Pittsburgh Medical Center (UPMC), whose provider network encompasses 140 hospitals throughout Pennsylvania – as well as in parts of Ohio, West Virginia and Maryland – said its behavioral health volume […]
While business is booming for behavioral health practitioners, it can be difficult for independent ones to juggle demand with the everyday tasks of running a business. Often when practitioners render services, money is left on the table. In fact, it is estimated that less than 85% of what is owed to independent practitioners from commercial […]
Behavioral health mergers and acquisitions have generated much buzz in the last couple of years, as dealmaking has reached record levels. However, some other providers are choosing to scale up operations by going a different route — joint ventures (JVs). Acadia Healthcare (Nasdaq: ACHC) and Universal Health Systems (NYSE: UHS) – two of the biggest […]
More people have become comfortable seeking behavioral health help either online or in person, but problems persist when it comes to minority and underserved populations. For individuals identifying as Black, indeginous and people of color (BIPOC), many have felt that mental health providers, overall, fail to address unique cultural circumstances contributing to adverse behavioral health […]
College can be a stressful time for many young people, and these days especially so as more than 40% of students have reported having symptoms of anxiety and depression. Youth troubles are getting attention at the federal level, as the Substance Abuse and Mental Health Services Administration recently unveiled a mental health grant package that […]
Oak Street Health (NYSE: OSH) — a rapidly growing, multi-setting primary care company that specializes in caring for seniors — is making behavioral health a critical part of its value-based care strategy to improve outcomes and the lives of its patients. Based in Chicago, Oak Street operates over 125 locations across 20 states. It integrates […]
Psychedelics continue to gradually gain support as an alternative therapeutic for various mental health conditions. A division of Magellan Health lended its voice to the issue in a new report calling for “fair and balanced” reviews for psychedelics to come to market. The report was published by Magellan Rx Management, a pharmacy benefits division of […]
Digital mental health platform Resilience Lab is expanding services in the tri-state area of New York, New Jersey and Connecticut, with plans to grow to nine Northeast states this year. New York-based Resilience is now available to 33 million tri-state area residents, with access open to residents who are in-network with UnitedHealthcare and Humana. To […]
Ria Health, a virtual treatment provider for alcohol use disorder (AUD), has announced a collaboration with Magellan Healthcare to make its services available to California members of the behavioral and specialty health solutions manager. Under the partnership, San Francisco-based Ria will offer medical and coaching support by way of a secure video chat option. Ria’s […]
Digital behavioral care provider Brightside Health has raised $50 million in a Series B funding round led by ACME Capital and Mousse Partners. The latest round brings the amount raised to date by San Francisco-based Brightside to $75 million. The company last year raised $24 million in a Series A round. Existing investors that participated in […]
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