Nearly one in every 12 Americans owes medical debt, totaling at least $220 billion nationwide. This debt may be actively worsening the mental health care gap. Adults with depression or anxiety are more likely to carry medical debt, according to a study published in JAMA Psychiatry. Approximately one in four to one in five of […]
The Centers for Medicare & Medicaid Services’ latest proposed fee schedule includes codes for providers to bill Medicare for certain digital therapeutics. On July 10, CMS released its proposed 2025 Physician Fee Schedule (PFS) rule. It contained several behavioral health-related provisions, including changes to how intensive outpatient programs (IOPs) and partial hospitalization programs (PHPs) will […]
After a landmark decision by the U.S. Supreme Court, lower courts will now have more say in behavioral health care regulation. In a 6-3 vote, the Supreme Court overruled a 40-year decision known as the Chevron doctrine that required lower courts to defer to federal agencies on the interpretation of unclear statutes. “Chevron is overruled,” […]
The number of uninsured Americans has steadily decreased since 2019, new CDC data shows. This fact could have major implications for behavioral health access. A new report using results from the National Health Interview Survey (NHIS) found that the number of uninsured Americans dropped from 10.3% in 2019 to 7.6% in 2023. People without health […]
An ambitious federal trial to curb opioid-related deaths by using community interventions came up short. Despite the implementation of public education campaigns, increased naloxone distribution and improved access to medications for opioid use disorder (MOUD), as well as many other interventions, the trial failed to demonstrate a statistically significant reduction in overdose deaths. The large-scale […]
Behavioral health-related issues, including suicide deaths and drug overdoses, are the leading cause of pregnancy-related deaths in the U.S., accounting for over 22% of these losses. A new piece of legislation is on the table to help mitigate these statistics. The legislation, called “the Mental Health and Making Access More Affordable (MAMA) Act,” would require […]
After months of teasing the expansion, virtual mental health giant Talkspace (Nasdaq: TALK) has entered the Medicare market. Talkspace’s services will now be available to 13 million members in 11 states, including California, Florida, New York, Ohio, New Jersey, Virginia, Missouri, Maryland, South Carolina, New Mexico and Idaho. However, the virtual care company has plans […]
The collaborative care model (CoCM), which integrates physical and behavioral health services, may help reduce the total cost of patient care. That’s according to a new report from the Bowman Family Foundation, which zeroed in on research published by University of Washington (IMPACT) and the University of Pennsylvania/Independence Blue Cross (Penn/IBC) and Kaiser Permanente. “While […]
Talkspace Inc. (Nasdaq: TALK) continues to thin its financial losses as it grows its payer- and government-focused business lines. The once direct-to-consumer, texting-based digital therapy company continues to move closer to profitability. On an adjusted basis, earnings totaled about $774,000. This is the first profitable quarter since the company’s IPO in 2021. Its net loss, […]
Peer support services are rapidly gaining mainstream acceptance thanks to recent federal initiatives, new reimbursement opportunities and the fallout from the opioid crisis. Peers have a unique ability to drive sustained patient engagement, industry insiders said at Behavioral Health Business’ VALUE conference. This makes the peer support model cost-effective for providers looking to shift away […]
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