The U.S. Centers for Medicare & Medicaid Services (CMS) has created a new code for virtual reality (VR) cognitive behavioral therapy (CBT) devices, including pre-programmed therapy software. The new Level II Healthcare Common Procedure Coding System (HCPCS) code could make it easier for Medicare payers to cover virtual reality in the future. While CMS has […]
BehaVR
Behavioral health-focused virtual reality companies BehaVR and OxfordVR have merged, the pair announced Tuesday. The joint company will operate under the BehaVR name. The deal was supported by a $13 million Series B funding round led by Optum Ventures and Oxford Science Enterprises. Accenture Ventures, Confluent Health, Chrysalis Ventures and Thornton Capital also participated. Both […]
California behavioral provider names CEO Sacramento, California-based Community Psychiatry, an outpatient behavioral health provider, has named Christopher Brengard as its CEO. He replaces outgoing CEO Ken Kelly. Community Psychiatry has more than 40 locations across the state of California, where it provides mental health services. Before joining the company, Brengard most recently served as chairman […]
No one could have predicted 2020 would be the year tele-behavioral health care would finally take off. But thanks to the coronavirus — and assists from insurers — virtual care’s prevalence has exploded, yielding positive results for patients and providers. In the years to come, the industry’s next big tech revolution could be virtual reality […]
Sign up
Receive industry updates and breaking news from Behavioral Health Business