Cara McNulty, president of behavioral health and mental wellbeing at CVS Health (NYSE: CVS), announced her departure from her role in a LinkedIn post. During her five-year tenure, McNulty supported CVS’s strategy toward a holistic approach to care, including behavioral health services. “As my time as the president of behavioral health and mental wellbeing comes […]
Opioid addiction disproportionately affects rural communities, with 42% of rural residents reporting they or a family member have experienced opioid addiction, according to KFF Health News. Rising overdose death rates in rural areas have been called a cause for concern by the CDC. Despite this, opioid use disorder (OUD) treatment remains scarce in rural spaces, […]
Peer support services are rapidly gaining mainstream acceptance thanks to recent federal initiatives, new reimbursement opportunities and the fallout from the opioid crisis. Peers have a unique ability to drive sustained patient engagement, industry insiders said at Behavioral Health Business’ VALUE conference. This makes the peer support model cost-effective for providers looking to shift away […]
Fostering independence can be an empowering goal for adolescents with autism as they navigate their path to adulthood. However, clinicians often feel ill-equipped to guide their patients through one significant milestone in the transition to greater autonomy: obtaining a driver’s license. That’s according to a new study published in the Journal of Autism and Developmental […]
Cigna (NYSE: CI) has continued to expand its behavioral health segment, and the investment is paying off. Evernorth, Cigna’s health service division, launched a new behavioral health group earlier this year focusing on measurement- and value-based care. According to Cigna’s CEO David Cordani, the new behavioral health group has already started to deliver positive results. […]
Prescription digital therapeutics company Akili, Inc. (Nasdaq: AKLI) announced another workforce reduction, terminating nearly half of its remaining employees. The layoffs, which amount to 46% of Akili’s workforce, will eliminate the company’s marketing and medical affairs teams, according to publicly available documents. The restructuring, which is estimated to cost between $2.3 and $2.8 million including […]
Your Behavioral Health (YBH) announced it acquired teen mental health and substance use disorder (SUD) treatment provider Insight Treatment Programs. The deal expanded private equity firm-backed YBH’s total footprint to over two dozen facilities across Southern California. “An established provider in the mental health care space, Insight is an excellent fit that expands Your Behavioral […]
Virtual care provider Array Behavioral Care is overhauling its technology infrastructure to prepare for future innovation. Two newly-appointed executives–Christy Kisner, chief operating officer, and Patrick Williamson, chief information officer–are spearheading the initiative. The role of chief information officer is a new one for Array. Williamson’s onboarding represents a strategic shift to modernize the company’s technology […]
ABS Kids launches new ABA location ABS Kids opened a new applied behavior analysis (ABA) center in Provo, Utah, its 12th in the state. The new location, officially opening on May 6, will offer ABA therapy and autism diagnosis services. Salt Lake City, Utah-based ABS Kids provides in-home, in-school and center-based ABA therapy for children […]
In a significant milestone for the rapidly evolving, and at times tumultuous behavioral digital therapeutics (DTx) industry, the FDA granted 510(k) clearance to a novel therapeutic developed by Curio Digital. Curio’s eight-week prescription-only digital therapeutic treats mild to moderate postpartum depression in patients ages 22 and older in tandem with clinician-supervised outpatient care. Postpartum depression […]
Sign up
Receive industry updates and breaking news from Behavioral Health Business