Beneficiaries Likely to Spend More, Go Out of Network for Behavioral Health Services

Despite the push for parity, Americans are more likely to go out of network and pay higher out-of-pocket costs for behavioral health care treatment than for treatment of chronic conditions such as diabetes and congestive heart failure.  That’s according to research out of Ohio State University published in JAMA Network Open.  The findings illustrate the […]

Low Reimbursement Exacerbating the Behavioral Health Worker Shortage

With minimum wage on the rise and unemployment rates at the lowest they’ve been in 50 years, it’s no surprise that a number of industries — from home care to education — are facing labor shortages. Behavioral health care is no exception. However, low reimbursement from payers for behavioral health services is only exacerbating the […]

American Well to Buy Virtual Behavioral Health Provider Aligned Telehealth

Telehealth giant American Well has entered into a definitive agreement to acquire Aligned Telehealth, which specializes in virtual behavioral health services.  Financial terms of the deal were not disclosed. Boston-based American Well is a global telehealth platform provider. It’s solutions are used by more than 160 health systems and 55 health plans, and they support […]

Autism Deals Dominate Behavioral Health Sector in Q3 

Autism deals accounted for nearly half of all behavioral health transactions in the third quarter of 2019, according to data from mergers and acquisitions advisory firm Mertz Taggart. Eight of the quarter’s 19 behavioral health deals can be attributed to autism and applied behavioral analysis (ABA) service providers. Private equity platforms are among the largest […]

Opioid Crisis Creating Access Issues in Different Areas of Behavioral Health

While opioid addiction dates back several decades, the phenomena only evolved into an epidemic in recent years. Since 2000, opioid overdose deaths have increased by about 200%, according to the American Association of Addiction Psychiatry. And in 2017 alone, nearly 48,000 people died from opioid overdose, according to the Centers for Disease Control and Prevention […]

Kaiser Permanente Mental Health Workers Delay Strike After Death of CEO

Thousands of Kaiser Permanente mental health workers will delay their strike after the sudden death of the company’s CEO. CEO Bernard Tyson died Sunday, just one day before 4,000 psychologists, mental health therapists and other employees belonging to the National Union of Healthcare Workers (NUHW) were supposed to go on strike over concerns regarding patient […]

Government Must Provide Mental Health Services for Migrant Families

The federal government must provide mental health services to thousands of migrant parents and children who were separated at the U.S.-Mexico border, a federal judge in California ruled Tuesday. The move underscores the importance of and the growing federal commitment to providing mental health treatment to those who need it.  Per the rule, those services […]

Acadia Falls Short of Analysts’ Estimates in Q3

Acadia Healthcare (Nasdaq: ACHC) posted mixed results in the third quarter of 2019, with revenue up slightly and income down year-over-year. Overall, the Franklin, Tennessee-based company fell short of analysts’ estimates.  In Q3 2019, revenues rose to $777.3 million compared to $760.9 million for the same period a year earlier. Analysts had predicted revenue of […]

Mental Health America of Roanoke Valley closes

Mental Health America of Roanoke Valley has closed after more than 70 years in business, according to The Roanoke Times. It ceased operations on Oct. 31.  The Virginia organization did advocacy for people with mental illnesses, in addition to offering mental health services such as free psychiatric clinic, mental health training for police officers and […]

D.C. Medicaid Program Granted First IMD Waiver Specifically for Mental Health

A first-of-its-kind Medicaid demonstration project aimed to improve care for beneficiaries with serious mental illness (SMI) and/or serious emotional disturbance (SED) has been approved in Washington, D.C. The Centers for Medicare & Medicaid Services (CMS) announced the approval of D.C.’s Section 1115 Medicaid waiver Wednesday. It quite literally waives federal rules that typically prevent Medicaid […]