Thanks to Talkspace’s (NASDAQ: TALK) new partnerships with public payers, Tricare and Medicare, more individuals now have free access to the company’s assets. The tricky part is garnering awareness about the services. Talkspace is also set to cover 200 million lives and is working to improve awareness that its services may be free for many […]
Category: Treatment Type
Substance use disorder (SUD) treatment providers who prescribe medications for opioid use disorder (MOUD) via telehealth received some good news on Wednesday. The Drug Enforcement Administration (DEA) and the Department of Health and Human Services (HHS) announced a final rule that allows clinicians to prescribe buprenorphine via telehealth or audio-only telehealth visits for up to […]
Over the last decade, there has been an explosion of behavioral health startups in the market. The vast majority of those companies focus on lower acuity care for commercial pay patients or employer-based programs. Despite the need for services, startups have largely ignored the underserved population with public health insurance. But Nashville, Tennessee-based Peregrine is […]
The digital behavioral health sector has seen a dearth of venture funding. And what funding is available has been especially hard to get since the peak of digital behavioral health funding in 2021. The year 2024 reiterated essential lessons for digital behavioral health companies seeking funding as total funding amounts lingered near the bottom of […]
The Federal Trade Commission (FTC) has sued a substance use disorder (SUD) treatment provider for posing as other providers to get increased business. Florida-based Evoke Wellness allegedly used deceptive Google search ads that appeared to represent other SUD providers, using its competitors’ names as keywords and displaying ads in a way that impersonated other clinics, […]
Large platform companies dominated the digital mental health landscape in 2024. These top-of-the-food-chain predators work with large customers, have impressive technology capabilities and garner serious investor dollars. These Goliaths leave small digital mental health providers, the relative “Davids” of the industry, looking for their place in the field. That’s according to Rock Health’s 2024 year-end […]
The brains of adolescents who use substances are different from their peers who do not use substances. That’s according to new research that found that brain structure metrics measured in late childhood, between ages 9 and 11, are associated with substance use in early life, before age 15. Therefore, differences in brain structure could partially […]
One of the largest substance use disorder (SUD) treatment providers in the U.S. announced patients’ records were exposed during a data breach last fall. BayMark Health Services, which treats over 70,000 patients daily, announced on Friday that an “unauthorized party” disrupted the company’s IT systems and accessed files containing patients’ personal and medical data. The […]
Amwell (NYSE: AMWL) has sold its virtual psychiatric business to clinician-to-clinician telehealth provider Avel eCare for $21 million. The deal allows Amwell and Avel to focus on their core operations, Avel’s CEO Doug Duskin told Behavioral Health Business. “[Amwell is] focusing on technology as their primary service,” Duskin said. “We’re more of a technology-enabled service […]
The new year is upon us. After a year of uncertainty in the substance use disorder (SUD) treatment industry, interested parties are looking for hints of what’s to come in 2025. Yet more pinnacles and valleys may be in store. Looking ahead to 2025, new treatment techniques and regulations spell good fortune for patients and […]
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