Beacon Health Options has a new leader at its helm, and he’s brought a lofty set of goals with him. The managed behavioral health care organization tapped Glenn MacFarlane to step into the president position in June. A managed care alum, he comes to the job from Aetna and takes over for Susan Coakley, who […]
Beacon Health Options has entered an era of evolution. For one, it’s under new ownership. Last year, the managed behavioral health care organization — which previously dubbed itself as the nation’s largest independent behavioral health company — was acquired by the insurance giant Anthem (NYSE: ANTM). Halfway into 2021, that integration is well underway. At […]
Beacon Health Options hires new CMO Behavioral services company Beacon Health Options has named Neil Leibowitz as its chief medical officer (CMO). Leibowitz comes to the company from the virtual behavioral health provider Talkspace, where he also served as CMO. There, he oversaw the company’s clinical quality of therapy and psychiatry. Leibowitz was also previously […]
While behavioral health conditions have become far more prevalent amid the coronavirus, many American are foregoing treatment, according to a new State of the Nation’s Mental Health report from the insurance giant Anthem (NYSE: ANTM). The senior population specifically saw one of the biggest disconnects, with the number of adults over 75 being treated for […]
Despite the long-term cost savings and improved outcomes associated with behavioral health care, providers in the space are typically rewarded with meager fee-for-service reimbursement rates. As such, many behavioral health organizations struggle with slim margins, making it hard for them to offer all the services that are beneficial for patients. But in the next few […]
Anthem (NYSE: ANTM) is putting more money toward growing its artificial intelligence and digital capabilities. The move is likely indicative of the insurer’s long-term plan to continue virtual behavioral health care delivery even post-pandemic. “The way that care is going to be accessed here in the future is slightly different than how it has been […]
Slowly but surely, insurers appear to be shifting from using process measures to outcome measures when it comes to assessing quality in behavioral health care. Now, it seems the coronavirus could help accelerate that movement, thanks in large part to the momentum the virus has given telehealth. At least, Stephen Friedhoff — SVP of clinical […]
In the past four years, health plans affiliated with Anthem (NYSE: ANTM) have more than doubled the percentage of members receiving whole-person medication assisted treatment (MAT) for opioid use disorder (OUD). Four years ago, the insurer found that only 18% of consumers were receiving both drug therapy and counseling services as part of their MAT […]
This week has been a rough one for U.S. stocks, with the S&P 500 halting trading twice and the Dow Jones Industrial Average experiencing its worst drop since 1987. Concerns over the coronavirus, or COVID-19, were largely to blame. The market’s drop took behavioral health stocks down with it, with Universal Health Services (NYSE: UHS) […]
Anthem (NYSE: ANTM) has completed its acquisition of Beacon Health Options. Financial terms of the transaction were not disclosed. Prior to the deal, Boston-based Beacon billed itself as the largest independently held behavioral health organization in the country, serving more than 36 million people nationwide. Meanwhile, Indianapolis-based Anthem — which first announced it would buy […]
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