The trend-that-must-not-be-named is back: Layoffs. Behavioral health so often has to paste on a smile while muddling through its many challenges. So often, that leads to worries about being too cheery. The last several weeks have seen seriously positive developments. But another development hauls the industry off cloud nine and back to earth with a […]
CVS Health
Cara McNulty, president of behavioral health and mental wellbeing at CVS Health (NYSE: CVS), announced her departure from her role in a LinkedIn post. During her five-year tenure, McNulty supported CVS’s strategy toward a holistic approach to care, including behavioral health services. “As my time as the president of behavioral health and mental wellbeing comes […]
Despite years of discourse surrounding value-based care and behavioral health, payers remain fixated on access as the primary concern. Meanwhile, outcomes data and measurement-based care, which have dominated the value-based conversation over the past few years, will likely be important to contracting in a few years. “By bringing access [to members], you bring value,” Dr. […]
Residential eating disorder treatment facilities are becoming somewhat of an endangered species. Over the last few months, the industry has seen a string of closures. Patients and payers have increasingly opted for virtual care models, shrinking the pool of patients residential treatment centers could serve in the first place. That pool was small to begin […]
CVS Health (NYSE: CVS) is leaning into its health services efforts, which include several behavioral health programs. Part of that means reprioritizing which parts of the business to grow, contributing to CVS cutting thousands of corporate jobs this week. Specifically, CVS is doubling down on integrating its newly acquired assets, home health company Signify and […]
Several digital behavioral health companies are making the move from direct-to-consumer to business-to-business models, looking to create a larger market share. While a B2B approach may lead to a more extensive client base, companies looking to make the leap must be prepared to add higher privacy standards and the proven ROI that corporate entities expect. […]
With more than 1,000 locations across the U.S., CVS MinuteClinics have gained in popularity among patients for treating non-emergent physical health conditions. MinuteClinics are now doubling down on their behavioral health efforts, too. CVS Health (NYSE: CVS) announced that six Los Angeles-based MinuteClinics would staff licensed mental health professionals. This entrance into the California market […]
CVS Health (NYSE: CVS) has doubled down on its plans to integrate care across its foundational business. The retail powerhouse, which owns payer giant Aetna, noted in its first-quarter financial filings that it serves 2.9 million members who are enrolled in its integrated medical and pharmacy plans. Members registered in the integrated offering have a […]
CVS Health (NYSE: CVS) will now offer mental health counseling and care services at six of its MinuteClinics. The rollout could pave the way for a larger national expansion down the road, as mental health has grown into a top priority for the company. Specifically, the retail giant will now staff half a dozen MinuteClinics […]
The struggles of Optum and CVS Health Inc. (NYSE: CVS), two of the country’s largest health organizations, to integrate assets into a cohesive “payvider” model illustrates the deep challenge of creating value-based care models. Optum, the health services division of UnitedHealth Group Inc. (NYSE: UNH), and CVS Health, which owns Aetna, one of the largest […]
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