While it’s relatively easy to deliver mental health counseling remotely using telehealth, addiction treatment providers face more unique challenges in light of COVID-19. For those in substance use disorder (SUD) recovery, in-person touch points are especially important. Social contact helps reduce a person’s risk of relapse, and many people with SUD rely on the assistance […]
Behavioral health providers come in all different shapes and sizes, with business models varying greatly depending what population a provider serves. But currently, everyone in the industry shares a universal problem: figuring out how to best protect patients from COVID-19 while continuing to provide them with the essential behavioral health services they need. Providers must […]
The American Psychological Association (APA) is asking states and insurers to temporarily remove roadblocks that make it harder for mental health providers to offer telehealth services. Doing so is especially important in light of COVID-19, the APA says. “This is an extraordinary public health crisis with vast and unpredictable implications for the nation’s mental health,” […]
Quit Genius, a San Francisco-based digital provider of addiction treatment services, has raised $11 million in Series A funding, the company recently announced. The money brings the company’s total funding raised up to $13.6 million, according to the fundraising tracking website Crunchbase. The round was led by British venture capital firm Octopus Ventures. Founded in […]
In spite of massive bipartisan legislation passed by Congress in 2018 to address the nation’s opioid use disorder (OUD) epidemic and cut down on illegitimate practices, the Department of Justice (DOJ) hasn’t prosecuted a single “body-brokering” case. In the addiction treatment industry, body-brokering occurs when people — body brokers — seek out individuals with substance […]
The nation’s behavioral health care workforce shortage has been well documented for years and is only expected to worsen over the next decade. Now, the shortfall has become even more pronounced amid COVID-19. Prior to the pandemic, 56% of Americans were seeking behavioral health assistance for themselves or loved ones, according to research co-conducted by […]
While the coronavirus and its economic fallout will likely slow merger and acquisition activity across all industries, behavioral health remains in a relatively good place, Kevin Taggart, managing partner at M&A advisory firm Mertz Taggart, told Behavioral Health Business. “Longer term, as the economy begins to recover, and the banks regain some of their footing, […]
There’s no doubt about it: The coronavirus is boosting the demand for behavioral health care. That’s especially true for services that can be delivered virtually, due to how easily COVID-19 can be spread. While traditional providers have been scrambling to move to remote models and keep up with ever-changing telehealth regulations, digital behavioral health providers […]
Two patients and a staff member at a Seattle-area psychiatric hospital have tested positive for COVID-19. Additionally, a doctor at a New Jersey state psychiatric hospital has tested positive for the virus. These are among the first diagnoses at U.S. behavioral health facilities receiving media attention. At Western State Hospital in suburban Lakewood, Washington, a […]
During this critical time, Behavioral Health Business remains committed to bringing providers essential news related to the operation of behavioral health facilities. Additionally, we recognize the seriousness of COVID-19. We’ll continue to highlight key developments related to the pandemic here. What you need to know from Wednesday (March 25) — Congress and the Trump administration struck […]