Quartet Taps Beacon Executive as New COO, Adds More Execs

Quartet Health, a technology solutions provider that services behavioral health companies, has announced multiple new management and C-suite hires, which includes an addition from Beacon Health Options. Christina Mainelli, a veteran of the health care and insurance industries, has been named Quartet’s new chief operating officer, where she will oversee strategy and operations for the […]

Movers & Shakers: Beacon Taps Aetna Alum As New President; Charlie Health Names Chief Clinical Officer

Beacon announces new president  Beacon Health Options — an Anthem-owned (NYSE: ANTM) behavioral health company that serves one out of six people nationwide — has named a new president. Glenn MacFarlane comes to the position from Aetna, where he was Medicaid Northeast Territory Leader and plan president for the New Jersey market. Before that, he […]

Beacon’s New Hire Brings Lessons Learned from Talkspace, Optum to CMO Position

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 […]

Movers & Shakers: Beacon Health Options’ New CMO; SUD Treatment Center Names New CEO

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 […]

Movers & Shakers: Meadows Hires Head of Virtual; Oceans’ New Vice President

Meadows hires executive director of virtual outpatient Phoenix-based Meadows Behavioral Healthcare has hired Mark Baumgartner as its executive director of virtual outpatient services. Before coming to Meadows, Baumgartner spent most of his career at the Betty Ford Center, which is part of the Hazelden Betty Ford Foundation. He worked there almost two decades, serving his […]

Beacon, Optum Execs Predict Closer Payer-Provider Relationships Post-Pandemic

While telehealth technology has long been available, COVID-19 is responsible for finally forcing its widespread adoption. Behavioral health providers and payers seem to agree: There’s no turning back now. While virtual care is likely here to stay, it’s unclear what role it will play in the behavioral health industry going forward. However, stakeholders predict improved […]

UHS, Acadia, Other Behavioral Providers Share COVID-19 Response Plans

Behavioral health providers around the country are doing their best to meet the need for services while also mitigating the risks surrounding COVID-19. For some, that means suspending visitation and leaning into telehealth, while for others it means taking things day-by-day and case-by-case. Here’s how the behavioral health industry is responding to the coronavirus pandemic. […]

Coronavirus Concerns Shake Up Behavioral Health Industry, Could Boost Demand for Services

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 Completes Acquisition of Beacon Health Options

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 […]