Aetna and Equip to Roll Out Virtual Treatment for Eating Disorders

Aetna has announced that it is partnering with eating disorder treatment provider Equip to provide virtual treatment services to the insurer’s commercial members. The program will initially be rolled out to Aetna members in California, New Jersey, New York, Oregon, Texas and Washington, with hopes to roll it out to more states next year. The […]

BIPOC Behavioral Platform Hurdle Health Expands Into New States, Plans to Ramp Up Growth in 2022

Hurdle Health, a digital behavioral health platform aimed at providing culturally-intentional services, has announced that it has expanded its availability into Texas, Massachusetts and California – with more states planned for the second quarter of 2022. The Washington, D.C-.based platform – which last year raised $5 million in funding – was originally founded in 2018 […]

Value-Based Care is the Future, Says Caron Treatment Centers CEO

Brad Sorte, CEO, and president of Caron Treatment Centers, sees his organization striving toward greater sophistication through research as it fully embraces the shift to value-based care. Those moves prepare the Wernersville, Pennsylvania-based addiction treatment provider for success in a behavioral health industry where a top, hot-button issue is the move away from fee-for-service arrangements […]

Talkiatry Adds to Leadership Team, DBH Taps New Leader of Virtual Programming

Talkiatry fills leadership roles with new hires Virtual behavioral health provider Talkiatry has added to its leadership team with two new hires. Adam Bunke joins New York-based Talkiatry as its head of design. Bunke comes to the company from Philips, where he was a design director and creative strategist for the global conglomerate. Bunke has […]

Mantra Health Raises $22 Million to Expand Mental Health Services to Students

Digital platform Mantra Health, which tailors mental health services to the higher education population, has raised $22 million in a Series A funding round led by VMG Partners. Other participants in the round included Canaan Partners, Global Founders Capital, Baleon Capital, Western Tech Investments and City Light Capital, all of whom have previously invested in […]

CVS Health Hits 8 Million Virtual Behavioral Health Visits in 2021

CVS Health (NYSE: CVS) has completed 8 million virtual visits for behavioral health care during 2021, the company disclosed last week during its Investor Day conference. Investor Day took place as the company also recently announced plans to close around 900 stores – around 10% of its physical locations – over the next few years […]

Cerebral Raises $300M as Valuation Hits $4.8B, Eyes Expansion and M&A

Online mental health company Cerebral announced on Wednesday that it has raised $300 million in Series C investments, bringing the total amount raised by the company to $462 million. Funding for Cerebral’s round was led by SoftBank Vision Fund 2, which is a venture capital fund of SoftBank Group. The round also drew participation from […]

Talkiatry Fills Senior VP Role; New Appointments Tapped for Discovery, Promises Affiliates

Talkiatry adds senior vice president of operations Virtual behavioral health provider Talkiatry has named Vanessa Cao as its senior vice president of operations. Cao joins Talkiatry from New York-based wellness startup HealthQuarters, where she was the company’s head of operations. She has also previously held managerial roles with New York-based health system NYU Langone Health […]

Transactions: Recovery Ways Buys Idaho Behavioral Health; PE-Backed ABA, SUD Deals

Recovery Ways adds Idaho Behavioral Health to family of programs The substance use disorder (SUD) treatment provider Recovery Ways has added Idaho Behavioral Health (IBH) to its portfolio. Details of the deal were not disclosed. Boise-based IBH operates addiction treatment and mental health clinics in four locations throughout the Gem State. Those clinics are located […]