Cigna Upbeat on New Behavioral Unit Despite Falling Patient Numbers

Cigna (NYSE: CI) has continued to expand its behavioral health segment, and the investment is paying off. Evernorth, Cigna’s health service division, launched a new behavioral health group earlier this year focusing on measurement- and value-based care. According to Cigna’s CEO David Cordani, the new behavioral health group has already started to deliver positive results. […]

Behavioral Health, Physical Health Coordination Top Priority for Cigna

Behavioral health and physical health integration continue to be a top focus for major payers nationwide. This morning, Cigna (NYSE:CI) hinted that coordinated care will continue to be an essential area for its health service division, Evernorth, in the future. “Behavioral care continues to be an area of focus, and there’s a meaningful opportunity for […]

Top Behavioral Health Trends for 2024

After a tumultuous 2023, 2024 may be a steadier year for the behavioral health industry. While behavioral health deals slipped in 2023, Behavioral Health Business expects M&A to pick up this year as interest rates fall and the economy stabilizes. Still, the M&A craze of 2021 is unlikely, and mega deals will be scarce. This […]

What Potential Humana-Cigna Tie Up Means for Behavioral Health

An industry-redefining merger of Humana Inc. (NYSE: HUM) and The Cigna Group (NYSE:CI) is reportedly in the works. The deal, if completed, would create a massive company that spans nearly every segment of the health insurance industry. It would also create a formidable clinical and health services division prominently featuring behavioral health. Late Tuesday, a […]

Evernorth to Expand Behavioral Health Navigation Service Offering Better Matching, Scheduling Options

Cigna’s employer customers are demanding more behavioral health services as rates of anxiety and depression among employees continue to soar. Earlier this year, the company announced that it expanded its behavioral health provider network by 30%, and these efforts are likely to continue. “As we look forward to 2024, we know that in addition to […]

Evernorth Behavioral Health CMO: ‘Measurement-Based Care Leads Directly to Conversations About VBC Contracts’

As part of one of the country’s largest ‘payvider’ organizations, Evernorth is positioned to help set the course for the future of integrated and measurement-based care in behavioral health. Evernorth is the health service division of large payer group Cigna (NYSE: CI). It offers a wide range of behavioral health and substance use disorder services. […]

Cigna Sees Behavioral Health Utilization Jump, Reveals ‘Point Solution Fatigue’

The Cigna Group (NYSE: CI) has seen a historic but expected rise in behavioral health benefits utilization in recent years. These insights, presented by the health care insurance and service conglomerate’s executives, echo others made by UnitedHealth Group (NYSE: UNH) executives on their second-quarter earnings call. “As it relates to what we’re seeing in terms […]

Cigna Grew Its Behavioral Health Network by 30% in 2022

The Cigna Group (NYSE: CI) expanded its behavioral health provider network by 30% in 2022, doubling its size in the past four years. The Bloomfield, Connecticut-based health insurance and service giant also nearly doubled the size of its virtual care network, according to its latest impact report. The Cigna Group now engages more than 300,000 […]

How Value-Based Care Models Can Help Address the Hidden Costs of Eating Disorders

Eating disorders often go untreated. And when treated, it’s typically during a crisis, driving up care costs. But value-based care models could help lower the total cost of care by providing access to lower-acuity treatment and integrated care teams. Payers expanding access and wrap-around services to patients with an eating disorder often see cost savings […]