Biotech firm MARAbio has raised $19 million in a Series A funding round to accelerate the launch of its blood test for detecting maternal autoantibody-related (MAR) autism. The Salt Lake City, Utah-based biotech company plans to use the funds to bring its proprietary blood testing technology to market. MAR autism is linked to specific patterns […]
The substance use disorder (SUD) treatment industry has a history as a scattered network of small cash-pay providers. It remains largely fragmented. Delray Beach, Florida-based Guardian Recovery has experience evolving from a founder-led, boutique provider to an expansive network of 17 physical facilities and virtual care options. The challenge for the provider now is to […]
Mental health provider Resilience Lab has expanded to offer medication management and treat severe mental illness by acquiring AI-enabled psychiatry provider Options MD. The acquisition will improve Resilience Lab’s ability to negotiate with payers and bring the provider closer to its “North Star” of providing fully integrative care. “We always wanted to extend our reach […]
Opioid use disorder (OUD) disproportionately impacts Medicaid beneficiaries, yet structural barriers – including lack of available clinicians – often keep this population from receiving treatment. Virtual OUD treatment provider Ophelia has expanded its Medicaid reach by inking new reimbursement contracts that cover the lives of 3 million New Jersey residents. “We’ve been live and treating […]
Behavioral health providers have increasingly expanded their services, or specifically targeted, children, adolescents and young people to address these populations’ growing need for mental health treatment. New research has verified that the need for mental health services has only continued to increase. Rates of depression and anxiety have increased significantly across all demographics, according to […]
Autism therapy provider NeurAbilities Healthcare has a new CEO after its prior leader resigned in April. The Voorhees, New Jersey-based company tapped former Fresenius Medical Care executive Andrew Holstein to the CEO position, according to a LinkedIn announcement earlier this month, following the departure of Kathleen Stengel, the company’s CEO since 2018. “Drew brings decades […]
More innovative solutions around autism diagnostics are starting to gain momentum. The latest example of this idea: Wyoming’s Medicaid program will cover Cognoa’s Canvas Dx product. According to a Sept. 26 announcement, Wyoming is now the first state to cover Cognoa’s tool for early-autism diagnosis. Dr. Sharief Taraman, CEO of Cognoa, described the move as […]
Virtual pediatric behavioral health company Brightline has transformed its go-to-market strategy. The shift involves shutting down the company’s operations in 45 states, nixing its enterprise commercial functions and planning to create hybrid care models in five states. The change was also accompanied by significant layoffs announced on Tuesday. “It’s been a hard week for Brightline,” […]
The need for board-certified behavioral analysts (BCBAs) who provide applied behavior analysis (ABA) has dramatically increased in recent years. In 2023, the number of open job listings for BCBAs even outstripped the total number of practicing clinicians. To help create more BCBAs and create a pipeline of trained clinicians, ABA provider Helping Hands Family has […]
Mental health has firmly become an issue that some of the most powerful business leaders and politicians actually want to talk about. The subject was in the spotlight last Tuesday when the Business Roundtable and managed care insurer The Cigna Group (NYSE: CI) convened a “Mental Health Summit” in Washington, D.C., that featured two U.S. […]
