CVS Prepares to Launch Behavioral Pilot in 34 New Locations

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 […]

Happify Health’s Gaming-Inspired Mental Health Model Aims to Improve Engagement, Treatment Access

Many companies in the digital behavioral health space pride themselves on being disruptors of the industry, promising efficient delivery of services through virtual means as opposed to the traditional, brick-and-mortar way of business, which often presents roadblocks to care. If you ask the leaders at Happify Health, though, they’ll say they take things one step […]

Behavioral Tech Company Empower Community Care Snags PE Investment from Northlane Capital Partners

Empower Community Care, an Atlanta-based company that provides behavioral health services and technologies to vulnerable populations, has received an investment from the middle market private equity firm Northlane Capital Partners (NCP). NCP’s investment was made in partnership with Empower’s existing management team, led by co-CEOs Josh Glade and Logan Greenspan, as well as co-founder Keller […]

AI-Delivered Support Shows Promise in Treating People Battling SUD

An artificial intelligence-powered app designed to help users manage their moods can also be helpful in the treatment of substance use disorder (SUD), according to a study recently published in the Journal of Medical Internet Research. The findings suggest artificial intelligence (AI) could play an important role in supplementing and improving SUD treatment in the […]

Pipeline: Pinnacle Adds Three Locations; Caravel Autism Deepens Midwestern Footprint

Pinnacle Treatment Centers adds three Ohio locations Pinnacle Treatment Centers has added three new addiction treatment centers in Ohio. The new facilities will specialize in medication-assisted treatment (MAT) using methadone and accept Medicaid. The locations in Athens, Hamilton and Solon bring Pinnacle’s total number of outpatient opioid addiction treatment centers in the Buckeye State up […]

Ginger Raises Another $100M in Financing Round Led by Blackstone

Ginger has raised another huge chunk of financing. This time, the on-demand virtual behavioral health care system brought in $100 million in a Series E round led by funds managed by Blackstone Growth. The new money brings Ginger’s total funding raised to more than $220 million, according to a press release announcing the news. Plus, […]

Spring Health Launches ‘Most Detailed Value-Based Model in Outpatient Behavioral Health’

Health care’s shift from fee-for-service reimbursement to value-based care has been slow. But finally, the coronavirus is accelerating the industry’s movement in that direction, which bodes well for behavioral health providers, who are known for the long-term outcomes they deliver.  Even health insurance giants like Anthem (NYSE: ANTM) are jumping on board: Earlier this month, […]

Transactions: BayMark Buys Into New Market; More SUD, Eating Disorder Treatment Deals

BayMark Health Services acquires MAT provider Medication-assisted treatment (MAT) provider BayMark Health Services has announced that it has purchased Washington, D.C.-based Partners in Drug Abuse Rehabilitation Counseling (PIDARC). Terms of the transaction were not disclosed. PIDARC provides medication assisted treatment services (MAT) like methadone to patients with opioid use disorder (OUD). It also offers substance […]

Pipeline: Hazelden Betty Ford Expands Telehealth Footprint; New Rogers Facility, Autism Centers

Hazelden Betty Ford grows virtual care footprint The Hazelden Betty Ford Foundation, the nation’s largest nonprofit addiction treatment provider, has announced it is bringing its telehealth services to Missouri residents who have commercial insurance, no matter where they live in the state. The services are part of Hazelden Betty Ford’s RecoveryGo tool, which provides telehealth […]