Venture capital firms the past few years have pumped billions of dollars into behavioral health companies, recognizing the vast need for their services and untapped opportunities to consolidate a fragmented market. Among the most active VC investors has been General Catalyst, which boasts a portfolio of more than a dozen behavioral health-focused companies, from Eleanor […]
Category: Operations
CleanSlate finds CMO Dr. Claudie Jimenez has been promoted to chief medical officer at outpatient medication-assisted treatment (MAT) provider CleanSlate Centers. Jimenez will now oversee CleanSlate’s medical initiatives, including all behavioral health programs. She is tasked with leading the integration of behavioral health counselors and medical providers to drive holistic treatment. CleanSlate was founded in […]
Additional reporting by Chris Larson A slew of behavioral health startups have laid off employees. These startups, many of which have raised tens of millions of dollars in the last year, include Foresight Mental Health, Headspace Health, SonderMind and Eleanor Health. This comes as venture-backed organizations on the whole continue to scale back in the […]
The year 2022 saw several growing pains and tough lessons in the behavioral health industry. Two years after the onset of a world-altering pandemic, the behavioral health industry saw adjustments and reactions to a lot of new developments. The industry did so while grappling with several of its chronic headaches such as workforce shortages and […]
After a rocky year and a half on the public market, digital behavioral health company Talkspace (Nasdaq: TALK) may soon have a new owner. Multiple reports say the company is again the acquisition target of telehealth giant Amwell (NYSE: AMWL). According to those reports, Amwell has offered to buy the company for $1.50 per share […]
In order to address workforce challenges, the behavioral health industry must support current and future mental health professionals to overcome financial, educational and workplace challenges. These barriers prevent people from entering the space and lead to burnout for existing providers. They especially impact people of diverse and low-income backgrounds, according to a Government Accountability Office […]
Addiction treatment provider Eleanor Health announced Monday the expansion of its leadership team. The additional executives will aid in the company’s market expansion and the growth of its business and care delivery model. Eleanor Health is built around value-based care reimbursement and population health. The Waltham, Massachusetts-based addiction care and mental health provider announced the […]
The Biden administration could mix up how behavioral health operators address worker classification. The U.S. Department of Labor (DOL) said in October it would undo Trump-era classification rules that made it easier to classify workers as contractors. This bolstered the gig economy and placed an emphasis on how much control the employer had over the […]
The consumerization of health care is pushing providers to offer more options to patients. Digital behavioral health tools boomed during the COVID-19 pandemic. This trend isn’t going away anytime soon as patients continue to seek care on their terms. CVS Health Corp. (NYSE: CVS) supported 10 million virtual health visits in 2021 – a 1,000 […]
Magellan Healthcare, the behavioral and specialty health care segment of managed care organization Magellan Health, has rolled out a new program aimed at helping seniors address social determinants of health. In order to provide these services, Magellan Healthcare has teamed up with digital senior assistant and support tool DOUS. New York-based DUOS was founded in […]