Aetna, the insurance arm of CVS Health (NYSE: CVS), is launching an inaugural neurodiversity navigation program for its commercial customers beginning in January 2026. There has already been widespread demand and interest in a navigation component; Miriam Ferreira, vice president of mental well-being at Aetna, told Behavioral Health Business. The company plans to focus on […]
This is an exclusive BHB+ story Forty-eight health plans voluntarily signed onto a commitment to simplify prior authorizations across all of health care in June. Changes to the scope of prior authorizations won’t immediately take effect in the behavioral health space. Still, some experts told Behavioral Health Business they worry whether this will happen at […]
Transcranial magnetic stimulation (TMS) is becoming a more viable option for the treatment of depression in youth and adults, providing hope for those with treatment-resistant depression. Of the roughly 22 million American adults who experienced a major depressive episode in 2023, about 30% have treatment-resistant depression, meaning that multiple medications have failed to alleviate their […]
2023 has been a tumultuous year for the behavioral health space. Macroeconomic headwinds, including rising interest rates plus unrest in Eastern Europe and the Middle East, has slowed dealmaking. Additionally, many providers have struggled to raise more capital as investors tighten their purse strings. At least two major companies in behavioral health care have filed […]
San Francisco-based hybrid mental health provider Two Chairs is leveraging a recently acquired national contract with Aetna to expand its footprint in Florida, one of the largest states in the nation and its first East Coast market. Two Chairs CEO Alex Katz told Behavioral Health Business that the expansion to the third-largest state in the […]
Behavioral health providers have lagged behind their physical health counterparts in measuring outcomes. But that may soon change, industry insiders believe, as payers pressure providers to show more data before raising rates or negotiating value-based contracts. Even so, collecting the correct data to prove outcomes isn’t just on behavioral health companies. A true outcomes-based approach […]
Behavioral health tech company Array Behavioral Care closed a $25 million funding round led by CVS Health Ventures, the investment arm of health care giant CVS Health Corp. (NYSE: CVS). On top of providing capital for scaling efforts, the funding round brings Array Behavioral Care closer to CVS Health. Array has previously partnered with CVS […]
2023 is set to be a year of transition for behavioral health, as the COVID-era public health emergency (PHE) comes to an end and economic headwinds impact the global economy. Companies that took advantage of the PHE’s relaxed regulations will finally get some answers to looming questions about their business model as the federal government […]
Behavioral health point solutions are increasingly looking to make lucrative payer partnerships. Payers, too, are interested in the prospect of partnering with digital health companies to provide more behavioral health services to their members. But there can be a culture clash between the two entities. Thus, it’s crucial to have aligned goals, outcomes and expectations, […]
Telehealth in behavioral health is here to stay. The behavioral health industry must now double down on efforts to ensure post-COVID era telehealth regulations don’t inadvertently make telehealth a second-class care modality, according to a panel at the Behavioral Health & Well-Being Congress. “We are in a chicken and an egg situation where if we’re […]
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