UPMC Sees Virtual Behavioral Health Surge from Patients With Commercial Insurance, Sees Opportunity for MAT Services

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 […]

Increased Demand, Workforce Shortages to Drive Even More Behavioral Health Joint Ventures in 2022

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 […]

BIPOC Telebehavioral Health Market Has Promise, But Can the Momentum Hold?

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 […]

As Biden Administration Commits to More Mental Health Funding for College Students, Virtual Providers Growing to Meet the Need

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 […]

Magellan Cites Need for New Alternative Mental Health Treatments, Psychedelics Research

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 Provider Resilience Lab Begins Multi-State Expansion, Taps New Director to Lead Effort

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 […]

Magellan Healthcare Partners with Ria Health for AUD Services in California

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 […]

Brightside Health Raises $50M in Series B to Expand Behavioral Services, Grow Staff

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 […]