The U.S. doesn’t have enough hospital beds to treat everyone who could become sick as a result of the coronavirus, according to projections from researchers at Harvard University. Depending on how bad the crisis gets, that could put the country in the position of having to ration hospital beds. But the Recovery Centers of America […]
Mental health benefits manager Lyra Health will provide all Starbucks (Nasdaq: SBUX) employees and eligible family members with up to 20 sessions per year with therapists and coaches starting April 6. The Seattle-based coffee giant announced the move Monday. All sessions will be free of charge to users. Burlingame, California-based Lyra provides similar services to […]
Behavioral health providers around the country are doing their best to meet the need for services while also mitigating the risks surrounding COVID-19. For some, that means suspending visitation and leaning into telehealth, while for others it means taking things day-by-day and case-by-case. Here’s how the behavioral health industry is responding to the coronavirus pandemic. […]
CVS Health (NYSE: CVS) is expanding its efforts to fight the opioid epidemic and will make social determinants of health a bigger part of the equation. The Woonsocket, Rhode Island-based pharmacy and health care company is partnering with social care coordination company Unite Us to expand the resources of CVS’s program aimed at combating opioid […]
The entire world is feeling the economic impact of the coronavirus, or COVID-19. With sports seasons suspended, events canceled, businesses closed and travel discouraged, the pandemic is battering just about every industry in the U.S. And while experts predict COVID-19 will boost the demand for behavioral health services, that isn’t necessarily a good thing, as […]
Florida behavioral health hospital fills CEO, HR positions North Tampa Behavioral Health Hospital has appointed Clint Hauger as its new CEO and Lorenzo Rivera as its new director of human resources. Hauger comes to position after former CEO Byron Coleman Jr. stepped down last December following allegations that he lacked proper qualifications for the job, […]
Burlingame, California-based Lyra Health, a behavioral health benefits provider for employers, has raised $75 million in its latest funding round, the company announced Wednesday. The Series C funding round was led by IVP, a late-stage venture capital and growth equity firm. Existing funders and new investor Meritech Capital Partners also contributed. The new money supplements […]
This week has been a rough one for U.S. stocks, with the S&P 500 halting trading twice and the Dow Jones Industrial Average experiencing its worst drop since 1987. Concerns over the coronavirus, or COVID-19, were largely to blame. The market’s drop took behavioral health stocks down with it, with Universal Health Services (NYSE: UHS) […]
Patients recovering from eating disorders may benefit when traditional treatment is supplemented with the use of apps, a new study reports. The results, which were published by the American Journal of Psychiatry, could be of interest to eating disorder recovery providers looking for assistance in delivering better patient outcomes. For the study, researchers followed 225 […]
Symetria Health may not be of the size of American Addiction Centers (OTC: AAC), Recovery Centers of America or other industry giants in the substance use disorder (SUD) treatment space. But if you ask CEO Chris Hassan, the Naperville, Illinois-based company is well on its way. Founded in 2006, Symetria Health is the parent company […]
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