The well-funded pediatric virtual behavioral health startup Brightline has laid off 20% of its workforce. The company announced the move to employees on Friday. A company spokesperson said Brightline “identified several areas to realign our strategic priorities” but didn’t explain what those areas or priorities are. It’s not clear precisely how many employees were impacted. […]
Aware Recovery Care has had a total reset in its C-suite. The shakeup comes as it settles in under a new CEO and continues its steep growth trajectory. Since the beginning of the year, the in-home addiction treatment provider has seen 12 C-suite executives come and go — seven people leaving and five new people […]
Psychiatrists have the highest annual mean wage out of all mental health occupations and psychiatric aides have the lowest. New data from The U.S. Bureau of Labor Statistics shows a wide range of behavioral health salaries in 2021. The average annual mean wage for a psychiatrist was $250,000, according to the data. It is important […]
Primary care has historically been at the heart of value-based care agreements. The growing emphasis on holistic care could leave the door open for more collaborative care models that include both behavioral and physical health. A key part of that move is more partnerships between primary care operators and mental health providers, industry insiders believe. […]
CVS Health (NYSE: CVS) has named Dr. Amar Desai as its first president of care delivery, a role which oversees the company’s clinical delivery strategy for retail health and behavioral health. The news comes as CVS Health continues to expand its behavioral health efforts. Desai joins CVS after serving as president and CEO of Optum […]
Telehealth in behavioral health is here to stay. The behavioral health industry must now double down on efforts to ensure post-COVID era telehealth regulations don’t inadvertently make telehealth a second-class care modality, according to a panel at the Behavioral Health & Well-Being Congress. “We are in a chicken and an egg situation where if we’re […]
New data shows the stark imbalance between the markets with the highest and lowest concentrations of behavioral health providers. The data, compiled and released by Trilliant Health, assessed the market concentration of primary care providers (PCPs) and behavioral health providers. The national median for behavioral health providers was 61 per 100,000 residents compared to 110 […]
Following the pandemic, there has been a renewed interest in behavioral health from public health agencies and the medical community at large. Historically, behavioral health has been a side note in population health strategies. But a new emphasis on integrated, holistic care, coupled with advancing data collection capabilities, could drive behavioral health to be a […]
A lot is riding on whether or not digital behavioral health operators will be able to solve the challenge of high customer acquisition costs. Last year, investors poured $5.5 billion of capital into digital operators’ coffers. Yet high customer acquisition costs remain a largely unresolved concern that could limit digital behavioral health’s promise of speeding […]
Behavioral health provider Summit BHC has named Todd Wyatt its next chief financial officer. This news comes at a time when Summit is quickly expanding. In January, the provider announced the acquisition of seven psychiatric hospitals in six states from Strategic Behavioral Health. This added an additional 613 inpatient psychiatric beds to its portfolio. “Todd […]
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