Troubled mental health startup Cerebral Inc. must pay millions to the federal government to settle allegations involving its data privacy practices and cancellation policy. The U.S. Department of Justice and the Federal Trade Commission (FTC) released a federal complaint and proposed order detailing allegations of unlawful sharing of protected health information with third parties for […]
More than 16,000 New Yorkers will receive payouts after the New York Attorney General collected more than $740,000 from unicorn mental health company Cerebral. Cerebral, the cash-flush mental health company with a tarnished reputation, paid out $200,000 in penalties and $540,162 in restitution for maintaining a “long and burdensome” cancellation process that often resulted in […]
Monte Nido hires new COO Giulia Peterlongo has begun her new role as the chief operating officer at eating disorder provider Monte Nido & Affiliates. Before joining Monte Nido, Peterlongo worked for DaVita Kidney Care for almost seven years, recently serving as division vice president. She previously served as a health care specialist at McKinsey […]
Generative AI has come for behavioral health. Now the question is this: What will the industry do about it? Forward-thinking and innovative approaches to technology may help the behavioral health industry tackle some of its most pressing challenges. Further, early adoption may allow the industry to play a meaningful role in generative AIs development and […]
With macroeconomic headwinds leading to declining valuations and less M&A activity, the mental health space is at a crossroads. The notoriously fragmented industry is still prime for maturation, but many companies are facing growing pains. Several companies that came onto the public market during the 2021 boom year are struggling to keep up with investor […]
The new telehealth restrictions proposed by the Drug Enforcement Administration (DEA) last week struck a sour chord with several industry stakeholders. Many industry insiders condemned the move as out of touch and even dangerous, jeopardizing telehealth models’ effectiveness in behavioral health. Still, the proposal is not set in stone, and parts of it could change […]
Digital health unicorn Cerebral has quietly begun to close its medication-assisted treatment (MAT) program for opioid use disorder (OUD). This comes as the Drug Enforcement Administration (DEA) on Friday announced a new proposal that would allow providers to prescribe buprenorphine for treating OUD for 30 days but then require an in-person exam. This could have […]
The year 2022 saw several growing pains and tough lessons in the behavioral health industry. Two years after the onset of a world-altering pandemic, the behavioral health industry saw adjustments and reactions to a lot of new developments. The industry did so while grappling with several of its chronic headaches such as workforce shortages and […]
The Drug Enforcement Administration is going after TruePill — the online pharmacy partner of Cerebral — for alleged inappropriate prescribing practices of controlled substances, specifically for the ADHD medication Adderall. On Friday, the federal agency announced that it started the administrative process of revoking TruePill’s license to prescribe controlled substances. The DEA alleges that TruePill […]
Cerebral Inc. has taken legal action to collect on a $50 million loan it made to Co-Founder and former CEO Kyle Robertson. The behavioral health tech company asked a state judge in New York to order Robertson to pay $25.4 million of a $49.8 million promissory note. Cerebral issued Robertson the loan in January to […]
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