CVS Health’s President of Behavioral Health Division Resigns

Cara McNulty, president of behavioral health and mental wellbeing at CVS Health (NYSE: CVS), announced her departure from her role in a LinkedIn post.  During her five-year tenure, McNulty supported CVS’s strategy toward a holistic approach to care, including behavioral health services. “As my time as the president of behavioral health and mental wellbeing comes […]

Akili Cuts 46% of Staff, Explores Strategic Options

Prescription digital therapeutics company Akili, Inc. (Nasdaq: AKLI) announced another workforce reduction, terminating nearly half of its remaining employees. The layoffs, which amount to 46% of Akili’s workforce, will eliminate the company’s marketing and medical affairs teams, according to publicly available documents. The restructuring, which is estimated to cost between $2.3 and $2.8 million including […]

Eating Disorder Treatment Provider Alsana Appoints New CEO; Acadia Names Chief Medical Officer 

Alsana names behavioral health vet CEO Eating disorder recovery provider Alsana has named Allan Benham its new CEO. Benham most recently served as chief operating officer at trauma, mental health and addiction provider Meadows Behavioral Healthcare. “My passion for changing lives through recovery and for patients struggling with eating disorder behaviors patient aligns with Alsana’s […]

3 Trends Shaping the Behavioral Health Workforce

Staffing challenges plagued the behavioral health workforce in the wake of the COVID-19 pandemic, but the employment environment might be improving for operators. In 2023, 53% of behavioral health insiders said that staff was the biggest challenge in the industry, which dropped to 42% in 2024, according to a Behavioral Health Business survey. Several tailwinds […]

Headspace CEO Russell Glass Announces Resignation

The leader of the behavioral health giant Headspace announced his plans for resignation.  Russell Glass, Headspace’s CEO, took to LinkedIn to announce his departure, which he called “bittersweet.” “As I reflected on the successful integration and everything we’ve achieved over the past few years, I believe now is a natural time for me to step […]

LifeStance Installs New CMO; Pelago Names Chief Scientific Officer

LifeStance Health names Quartet, Teladoc veteran as CMO LifeStance Health (NASDAQ: LFST) appointed Ujjwal Ramtekkar as chief medical officer. Ramtekkar is charged with maintaining high-quality, personalized care. “Dr. Ramtekkar is an experienced physician executive with a demonstrated track record of driving exceptional patient and clinical outcomes,” Ken Burdick, chairman and CEO of LifeStance, said in […]

Employee Wellness Services May Not Be ‘Beneficial For Workers At All’

Most US employers say they are prioritizing improving their employees’ mental health. Popular interventions like partnering with companies that promise resilience training and mindfulness practices may not help employees as much as advertised. A new study published in the Industrial Relations Journal found that employee wellness initiatives lead to no reliable difference in mental well-being. […]

Accanto Health Names American Addiction Centers Vet CEO; Center for Discovery Hires New CEO

Accanto Health recruits new CEO Eating disorder company Accanto named behavioral health veteran Tom Britton its new CEO. Britton is tasked with driving growth and improving accessibility of treatment at Accanto. “As the awareness of eating disorders and the need for quality, compassionate care continues to grow, it’s vital to have our next leader be […]

BHCOE Appoints New CEO; Former Optum Behavioral Health CEO Joins .406 Ventures

The Behavioral Health Center of Excellence’s founder passes CEO torch The Behavioral Health Centers of Excellence (BHCOE), an autism treatment accreditation body, named Anya Perea, the company’s president, its new CEO. Perea, who was educated and previously worked as a social worker, served as vice president of integrations at Refresh Mental Health before joining BHCOE. […]

Psychologists Face Rising Stress and Burnout As Patients’ Symptoms Worsen

Growing proportions of psychologists are planning to decrease their practice hours, possibly due to high-stress levels and increasingly high-acuity patients. According to a new survey conducted by the American Psychological Association (APA), psychologists are increasingly treating patients with severe symptoms that need longer treatment plans. Psychologists are, therefore, strained with higher workloads and more than […]