CVS Health Inc. (NYSE: CVS) has gone live with its CVS Health Virtual Primary offering. The move expands the health care and pharmacy giant’s mental health service through integrated virtual care teams. CVS Health Virtual Primary users can also get care from the company’s in-person care providers or other in-network providers. The company announced Wednesday […]
CVS Health (Nasdaq: CVS) has kicked off 2023 with investments in behavioral health and primary care startups – and it may even be looking to acquire a senior-focused value-based care organization. These investments appear to be part of CVS’ larger strategy to boost behavioral health offerings and expand into holistic health. Last week at JP […]
Behavioral health tech company Array Behavioral Care closed a $25 million funding round led by CVS Health Ventures, the investment arm of health care giant CVS Health Corp. (NYSE: CVS). On top of providing capital for scaling efforts, the funding round brings Array Behavioral Care closer to CVS Health. Array has previously partnered with CVS […]
Behavioral health point solutions are increasingly looking to make lucrative payer partnerships. Payers, too, are interested in the prospect of partnering with digital health companies to provide more behavioral health services to their members. But there can be a culture clash between the two entities. Thus, it’s crucial to have aligned goals, outcomes and expectations, […]
The consumerization of health care is pushing providers to offer more options to patients. Digital behavioral health tools boomed during the COVID-19 pandemic. This trend isn’t going away anytime soon as patients continue to seek care on their terms. CVS Health Corp. (NYSE: CVS) supported 10 million virtual health visits in 2021 – a 1,000 […]
CVS Health (NYSE: CVS) has continued to double down on its behavioral health efforts. In 2022 it announced a slew of new initiatives and digital partnerships aimed at improving mental wellbeing. For example, in August CVS announced a partnership with telehealth giant Amwell to begin a new virtual primary care offering, which includes on-demand mental […]
CVS Health (NYSE: CVS) has named Dr. Amar Desai as its first president of care delivery, a role which oversees the company’s clinical delivery strategy for retail health and behavioral health. The news comes as CVS Health continues to expand its behavioral health efforts. Desai joins CVS after serving as president and CEO of Optum […]
Uncertainty around several COVID-era regulations and unresolved legislative questions has precipitated real world-impacts on behavioral health operators, especially addiction treatment providers. Specific questions around telehealth and the prescribing of controlled substances threaten the burgeoning crop of digital behavioral health operators that have thrived during the loosened regulations. Further, lingering questions about access to care via […]
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 […]
CVS Health (NYSE: CVS) has tapped telehealth company Amwell to provide its new virtual primary care offering, which includes on-demand behavioral health services. In May, the retail giant announced its plan to launch CVS Health Virtual Primary Care. It will begin rolling out the service to Aetna fully insured, self-insured plan sponsors and CVS Caremark […]
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