Telehealth Access for Behavioral Health Expands, But Regulatory Issues Remain

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 […]

Worsening Behavioral Health Workforce Shortage Poses Persistent Threat to Providers

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 […]

American Well to Buy Virtual Behavioral Health Provider Aligned Telehealth

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 […]

Florida Behavioral Health Center Closes Abruptly Following Financial Problems

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 Raises $11M

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 […]