More than 14 million adults nationwide report suffering from alcohol use disorder (AUD), but only a small portion of those people — 7.3% — ever get treatment, according to research published by JAMA Psychiatry. An even smaller percentage — 1.6% — receive medication-assisted treatment (MAT), which relieves the withdrawal symptoms and psychological cravings associated with […]
Behavioral health benefits company Spring Health announced Thursday that it has raised $190 million in a Series C round led by Swedish growth investment firm Kinnevik. The round included a number of participants, including several existing investors, as well as the Guardian Life Insurance Company of America, which is a new investor. Spring Health reported […]
Talkiatry appoints new chief growth officer Virtual psychiatric care provider Talkiatry has added to its executive ranks with the hire of Alex Kozersky as chief growth officer (CGO). As Talkiatry’s CGO, Kozersky will help the company expand its insurance partnerships in connection with a national roll out. Most recently, he was the chief sales officer […]
Ria Health, a telehealth provider of treatment services for alcohol use disorder (AUD), is joining forces with Highmark to make coverage available for the insurer’s members. Under the agreement announced Tuesday, Ria will be offered to over 5 million members of Pittsburgh-based Highmark, a Blue Cross Blue Shield affiliate that covers residents in Pennsylvania, Delaware […]
DotCom Therapy (DCT) — a virtual provider of therapy services to adolescents and teens — has raised $13 million in a Series A funding round led by private equity firm New Capital Partners, with participation from LRVHealth and OSF Ventures. Founded in 2015, Madison, Wisconsin-based DCT provides teletherapy services for over 400 schools and health […]
A growing number of residential behavioral health providers are outsourcing their dining services, according to Karen White, director of marketing at Culinary Services Group. “We’ve seen a large uptick probably within the past year,” White told Behavioral Health Business. “A lot of these organizations are seeing the benefit of having somebody … that can develop […]
The Certified Community Behavioral Health Clinic (CCBHC) model means more money for behavioral health providers, better outcomes for patients and lower costs for the health care system overall. While the model was originally only accessible to providers located in select states participating in the CCBHC Medicaid demonstration, these days, providers nationwide can become CCBHCs with […]
Beacon Health Options has a new leader at its helm, and he’s brought a lofty set of goals with him. The managed behavioral health care organization tapped Glenn MacFarlane to step into the president position in June. A managed care alum, he comes to the job from Aetna and takes over for Susan Coakley, who […]
Mental health benefits provider Lyra Health is rolling out two new treatment services for users struggling with issues such as alcohol use disorder (AUD), suicidality and other complex mental health diagnoses. The Burlingame, California-based company made the announcement Thursday. One of the offerings is Lyra Reset, which will enable users to address AUD issues through […]
Phoenix-based Connections Health Solutions recently scored $30 million in its first-ever round of growth funding, which came from the private equity firm The Heritage Group. While the crisis stabilization company has been around for more than a decade, it’s growth story is just getting started, in large part thanks to that new funding. Founded in […]
By continuing to use the site, you agree to the use of cookies. more information
The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.
