Cerebral Inc. plans to phase out its care counselor services. The fast-growing, controversial virtual behavioral health startup confirmed Friday that it will no longer take new patients seeking care counselor services. The company will continue to offer the service to existing clients for the sake of “continuity of care,” according to a statement from a […]
The virtual ADHD medication management company Done Global Inc., branded as Done., is reportedly under investigation by the Drug Enforcement Administration’s Diversion Control Division. DEA diversion control division agents have also made similar inquiries to Cerebral Inc., a virtual mental health company that promised speedy access to mental health prescribers, according to a Wall Street […]
Digital mental health company Cerebral is using a machine learning algorithm to help pinpoint patients in crisis. And the recently unveiled initiative is “just the beginning” of Cerebral’s use of machine learning-enabled solutions, according to the company. “Machine learning (ML) and artificial intelligence (AI) are critical tools in the advancement of mental health care, but […]
Mental health continued to top all digital health investment in 2022’s first half. Yet the entire market may be headed for a potential cooldown, with inflation, global unrest and regulatory uncertainty contributing to more conservative mindsets among investors and founders alike. “Coming off the launch ramp of 2021, digital health founders, funders and corporate execs […]
Cerebral is doubling down on mental health and focusing on treating patients with serious mental illness. In turn, some of the company’s more “exploratory” efforts, such as expanding into primary care, are now on hold. The digital mental health company’s newly minted CEO, David Mou, told Behavioral Health Business that under his direction the company […]
Four venture capital principals in the health tech space called out and condemned the VC-backed startup ethos of growing at all costs in digital mental health. The principals, who spoke on a panel during the 2022 Going Digital: Behavioral Health Tech conference, also said bad actors in digital health reveal the need for industry standards […]
The scrutiny around mental health startup Cerebral Inc. following the company’s meteoric rise and subsequent criticism has generated new challenges for the company. A House committee has launched a review of how the Drug Enforcement Administration (DEA) has enforced the Ryan Haight Act, which dictates how controlled substances are allowed to be prescribed via telehealth. […]
Virtual therapy provider Talkspace Inc. (Nasdaq: TALK) could see a little more daylight in the virtual mental health market as Cerebral pivots away from prescribing controlled substances. While Talkspace itself has never prescribed controlled substances — it refers patients to in-person psychiatric services as needed — Talkspace Chief Financial Officer Jennifer Fulk said Cerebral’s decision […]
Digital mental health company Cerebral announced a round of layoffs planned for July 1. The company told Bloomberg News, which first broke the story, that the layoffs are an effort to focus on quality and make the company more efficient. The number of employees that will be laid off has not been announced. This news […]
Cerebral Inc.’s founding CEO is no longer leading the company. The company announced Wednesday afternoon that “Kyle Robertson leaves his position as CEO, effective immediately” and that Dr. David Mou is now CEO. However, Cerebral has not clarified whether or not Robertson legally remains a part of the company as an employee or investor. A […]
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