Employer mental health companies have flooded the behavioral health startup market. This comes as employees now say behavioral health benefit programs are crucial for establishing positive workplace environments. Conflicting research, however, makes it unclear how effective these plans are in practice. Further, with the market for employer mental health plans becoming increasingly saturated, only the […]
The Biden-Harris administration announced new initiatives in December 2023 to combat “corporate greed in health care.” The initiatives will likely not directly block behavioral health deals, but headline risk has caused investors to “suddenly” become more cautious. Behavioral health, and other provider categories that serve vulnerable populations, may experience less interest from large private equity […]
A slew of states are pursuing Medicaid coverage for incarcerated populations ahead of their release from prison as a means to address substance use disorders. In Jan. of 2023, California received federal approval to provide people in correctional facilities with Medicaid services before their release. One year later, a “groundswell” of other states seek to […]
Substance use disorder (SUD) providers will soon be subject to new, strengthened confidentiality protections. The U.S. Department of Health and Human Services (HHS) announced a final rule that modifies patient record regulations to bolster confidentiality requirements and ease the integration of behavioral health information with other medical records. The new rule overhauls the confidentiality protections […]
Mental health startup Headlight, formerly Sokya Health, raised $18 million in new funding. It also named Geoff Swindle, former chief business officer of PillPack and Amazon Pharmacy, its new CEO. The new venture funding will help to fuel expansion efforts, including entering new markets and onboarding additional clinicians at the startup. San Diego, California-based Headlight […]
The rate of cannabis-induced and cannabis-involved disorder emergency department (ED) visits rose nearly 50% between 2019 and 2020, according to a new study by Truveta Research. Despite this trend, clinicians may not feel empowered to treat cannabis-related conditions. The medical community uses the term cannabis-induced ED to describe what is known as cannabis-induced psychosis. Cannabis-involved […]
The substance use disorder (SUD) industry has dramatically changed in recent years, adjusting to new technology, regulations and medications. The SUD platform of the future will take into account trends with payers and technology, industry insiders told Addiction Treatment Business, and continually re-educate itself on the best treatment modalities. Still, future-proofing SUD providers must keep […]
Despite the higher reimbursement rates from private-pay models, investors are shifting their focus to in-network providers who offer stability. In-network behavioral health providers have faster growth, quicker revenue cycles and better overall returns, industry insiders told Behavioral Health Business. Although developing relationships with payers can be hard work, it can pay off with investors. Private […]
Virtual mental health provider Talkspace (Nasdaq: TALK) has inked a deal with digital addiction operator Bicycle Health to provide both companies’ patients with access to both therapy and opioid use disorder (OUD) treatment. More than 21 million adults have both a mental illness and substance use disorder (SUD), according to the 2022 National Survey on […]
In recent years, substance use disorder (SUD) treatment programs have become shorter and outpatient treatment program options have become more popular. Residential inpatient treatment programs, often more expensive than outpatient options, may be going out of vogue among payers and investors. Still, patients will always need an option for residential care, industry insiders told Addiction […]
Sign up
Receive industry updates and breaking news from Behavioral Health Business