Value-based care in behavioral health is confusing. All the jargon makes it seem like everyone is speaking a different language. A value-based care arrangement can mean many things, including full-risk, pay-for-performance, or even shared savings. But the biggest obstacle to a value-based care future is the lack of national standards. To complicate matters, these conversations […]
This is an exclusive BHB+ story Value-based care has been the great white whale of behavioral health for nearly a decade. Yet there has been very little movement in the space. The vast majority of behavioral health providers rely on fee-for-service models of care. In a recent Behavioral Health Business survey, 65% of respondents reported […]
Fostering successful pilots with health plans is critical for digital mental health startups. These relationships can promise significant promise for providers and payers, but a negative outcome can mean wasted time and resources. While risk is an inherent part of a trial run for a digital mental health provider, both health care companies and payers […]
Once a rarity, digital behavioral health companies are now an established part of the industry’s ecosystem. However, as this subsector of behavioral health begins to mature, many startups face a number of growing pains, whether it is garnering enough investor dollars to stay afloat or developing contracting strategies with employers. I don’t see these hardships […]
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. […]
Payers and employers are moving away from a strictly fee-for-service model and looking for outcomes from behavioral health providers. As the transition to outcomes-based payment gains momentum, digital health providers might be well-positioned to partner with these entities because of their data-collecting capabilities. Behavioral health providers have traditionally lagged behind physical health providers when it […]
Last week Cigna’s (NYSE:CI) health service division Evernorth furthered its reach into the mental health sector with the launch of a new behavioral health group. The hybrid behavioral health group, launched with over 1,000 clinicians, will focus on value-based and measurement-based care. Using virtual provider Octave’s technology suite, Evernorth plans to fully scale the service […]
Cigna’s (NYSE:CI) health service division Evernorth has launched a new behavioral health care group. Evernorth Behavioral Health Group will launch with over 1,000 clinicians and guarantee patients an appointment within 72 hours. According to Evernorth data, the industry average wait time is 48 days. “When I think about the impetus of the care group, it’s […]
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 […]
A cancer diagnosis can profoundly affect a person’s life and impact their overall mental health. Roughly a third of all cancer patients also have a behavioral health issue, such as anxiety, depression, or a substance use disorder, according to research published in Translational Psychiatry. As a result, more payers and providers are looking for ways […]
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