Samir Malik, the CEO of firsthand, and Marie Hannah, a recovery peer for the company based in Nashville, know that those in the greatest need of behavioral health treatment are often the hardest to reach. The New York City-based startup uses a field-work-heavy approach to peer support work as part of a value-based care partnership […]
Outpatient mental health providers are looking for options to improve patient outcomes and add a new service line to their business. Transcranial magnetic stimulation (TMS) has come to the fore among a handful of alternative options that may help providers deliver additional value to patients and health plan partners. TMS is growing in popularity as […]
Psychiatric hospitals are buckling under decades of financial pressure that increased following the onset of the pandemic. Discriminatory regulations, challenging payer relations and inflation have placed several psychiatric hospitals in untenable positions. A spate of facility closures in 2023 demonstrates that the pressure is proving too much. Industry insiders say that systemic changes can’t come […]
Author Health, a hybrid mental health startup helmed by ex-Optum leader Katherine Hobbs Knutson, landed a $115 million debut funding round. The new company focuses on providing virtual and in-office mental health services to seniors with Medicare Advantage plans. It launched in 2022 and started seeing patients in January 2023, Knutson, CEO of the company, […]
For 30 years, we’ve been chasing a panacea for mental health, trying to find the right prescription or the right mix of medications as a substitute for comprehensive treatment. More and more, doctors prescribe medication alone, even though such medications should be supported by counseling. The lack of qualified therapists is compounded by insurance companies […]
Years into a national behavioral health workforce shortage, many provider organizations are now seeking to leverage peer specialists. Advocates argue that peers could be a crucial part of expanding behavioral health access and supporting patients holistically in their recovery. Yet reimbursement challenges and varying state licensure requirements have historically created barriers for providers utilizing the […]
Federal health agencies have released new national model standards for peer support certification focused on the behavioral health workforce. The goal of the model standards – penned by the Substance Abuse and Mental Health Services Administration (SAMHSA), the Office of Recovery, and the U.S. Department of Health and Human Services (HHS) – is to speed […]
The majority of patients with behavioral health conditions also have one or more medical comorbidities. And this can drive up the cost of care for patients with a behavioral health diagnosis. That’s according to a new report by Cigna’s health service division, Evernorth. The report found that 22% of patients have a diagnosed behavioral health […]
With macroeconomic headwinds leading to declining valuations and less M&A activity, the mental health space is at a crossroads. The notoriously fragmented industry is still prime for maturation, but many companies are facing growing pains. Several companies that came onto the public market during the 2021 boom year are struggling to keep up with investor […]
Pennsylvania’s localized approach to Medicaid could be a model for behavioral health and physical health integration nationwide. That’s according to the University of Pittsburgh Medical Center (UPMC) Health Plan and Community Care Behavioral Health Organization, which recently published a policy report in the Journal of Psychiatric Services. Unlike other states, Medicaid behavioral health in Pennsylvania […]
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