Several digital behavioral health companies are making the move from direct-to-consumer to business-to-business models, looking to create a larger market share. While a B2B approach may lead to a more extensive client base, companies looking to make the leap must be prepared to add higher privacy standards and the proven ROI that corporate entities expect. […]
The road to value-based care (VBC) contracting in the behavioral health sector is slow moving. In order for VBC to evolve in the behavioral health sector, both payers and providers need a seat at the table. Operators provide clinical expertise and troves of data about the patient experience. And these assets could put providers in […]
Across the health care ecosystem, hybrid models are integrating behavioral health more as part of the full continuum of care offered to patients. For San Clemente, California-based Crossover Health, hybrid care is not just a buzzy term but a core part of their overall services. Founded in 2010, Crossover provides a full continuum of care […]
UnitedHealthcare Group (NYSE: UNH) is rolling out a new health plan for members that allows them to receive various services — including behavioral health care — both virtually and in-person. NavigateNOW is a 24/7 service offered to employers in nine markets, in which members are given access to a care team provided by Optum, which […]
Amid the pandemic, the direct-to-consumer mental health market has boomed. Hims & Hers Health (NYSE: HIMS) broke into the behavioral health arena, while Talkspace took things public, just to name a couple examples. And now, Optum is also throwing its hat into the ring. Optum is the fastest growing business under the multinational managed healthcare […]
Lighthouse deepens its Indiana footprint Lighthouse Autism Center, which provides applied behavioral analysis (ABA) therapy to children with autism spectrum disorder (ASD), has opened the doors to two new locations in its home state of Indiana. Lighthouse’s Valparaiso is located in a newly remodeled facility, which includes therapy spaces for learning, along with a playroom. […]
Oceans Healthcare enters JV to build new facility, expand services Oceans Healthcare has announced a joint venture (JV) with CHRISTUS Spohn Health System, a Corpus Christi, Texas-based hospital operator, to expand its behavioral health care services in the southern coastal part of the state. As part of the arrangement, the pair will build a behavioral […]
PursueCare — a Middletown, Connecticut-based provider of virtual medication-assisted treatment (MAT) services — has raised $7 million in an oversubscribed Series A2 funding round led by OCA Ventures, Seyen Capital, Wasabi Investors and other health care investors. The round brings PursueCare’s total funding raised up to $12.8 million, according to the fundraising tracking website Crunchbase. […]
Acadia partners with suicide prevention organization to open new centers Acadia Healthcare (Nasdaq: ACHC) has opened 15 community resource centers in partnership with a leading suicide awareness organization to help young individuals with opioid use disorder (OUD). The centers are located in four states across the country within Acadia’s Comprehensive Treatment Centers (CTC), which provide […]
Pharmacy giant CVS (NYSE: CVS) is releasing more details about the behavioral pilot program it’s rolling out at select HealthHUB locations. Behavioral Health Business first highlighted the pilot in mid-March, shortly after CVS released its annual Health Trends Report and highlighted the ongoing mental health crisis as a factor likely to define health care in […]
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