Good news for more than half of the children in the United States, who have treatable mental health conditions: The child psychiatrist shortage is improving. The workforce grew more than 21% between 2007 and 2016. However, that progress still isn’t enough to meet the high demand for services. And on top of that, accessibility is […]
Telehealth services are becoming increasingly accessible for behavioral health providers and the patients they serve. However, regulatory barriers continue to prevent the technology from becoming more widespread. All 50 states and the District of Columbia now provide some degree of coverage for telehealth services for their Medicaid members, according to the latest Telemental Health Laws […]
As the need for behavioral health services continues to grow, so do the number of companies trying to creatively meet the demand. For some, that means introducing new technology and remote monitoring solutions in an effort to improve outcomes. For others, it means repurposing existing models of care in new ways — which is the […]
The stigma surrounding mental health and addiction assistance isn’t what it once was when it comes to people seeking treatment. Nonetheless, obstacles remain for many who need help — and the behavioral health providers who want to assist them. One such obstacle is the continued shortage of qualified and licensed professionals in the field, which […]
Telehealth giant American Well has entered into a definitive agreement to acquire Aligned Telehealth, which specializes in virtual behavioral health services. Financial terms of the deal were not disclosed. Boston-based American Well is a global telehealth platform provider. It’s solutions are used by more than 160 health systems and 55 health plans, and they support […]
A psychiatric hospital in southeast Florida serving low-income and uninsured patients abruptly shut its doors earlier this month, according to The Palm Beach Post. The move potentially leaves hundreds of patients without access to care. The West Palm Beach-based Jerome Golden Center for Behavioral Health closed Oct. 18 following financial troubles — specifically a bankruptcy […]
Behavioral health startup Octave has raised $11 million in Series A funding. That brings the San Francisco-based company’s total raised up to $14 million, according to the online startup fundraising tracker Crunchbase. The investment round was led by New York-based private equity firm Greycroft, with money also coming from San Francisco-based venture capital firm Obvious […]