Headspace CEO Russell Glass Announces Resignation

The leader of the behavioral health giant Headspace announced his plans for resignation.  Russell Glass, Headspace’s CEO, took to LinkedIn to announce his departure, which he called “bittersweet.” “As I reflected on the successful integration and everything we’ve achieved over the past few years, I believe now is a natural time for me to step […]

Mental Health Executive Forecast: New Business Models, AI and Value-Based Care to Define Industry in 2024

The mental health industry is pivoting after the market’s rapid expansion related to COVID-era telehealth and increased demand for behavioral health services. Mental health providers are now seeking new methods of care, including AI-enabled tools, to improve existing mental health treatment frameworks, industry insiders told Behavioral Health Business. Mental health companies are also seeking new […]

Psych Hub Names New CEO; Talkspace Appoints CMO

Psych Hub appoints new CEO Psych Hub, a Nashville, Tennessee-based mental health education startup, has appointed Scott Healy as its new CEO.  Healy previously helped build Care.com, an online marketplace for child care, senior care and other family care services. Most recently, he was the general manager of health care ventures at Ascend Learning, a […]

Employers Becoming ‘Allergic’ to Per Member Per Month Contracting with Behavioral Health Companies

Over the last few years, an increasing number of digital mental health point solutions have been knocking on the doors of employers and employee assistance programs (EAPs), searching for potentially lucrative contracts. But as employers become more sophisticated and their use of behavioral health point solutions more commonplace, the contracting game appears to have changed. […]

Behavioral Health Startups Foresight, Headspace, SonderMind, Eleanor Lay Off Staff

Additional reporting by Chris Larson A slew of behavioral health startups have laid off employees. These startups, many of which have raised tens of millions of dollars in the last year, include Foresight Mental Health, Headspace Health, SonderMind and Eleanor Health. This comes as venture-backed organizations on the whole continue to scale back in the […]

A Year After $3B Mega Merger, Headspace and Ginger Roll Out ‘Unified’ Behavioral Health Offering

Headspace Health is rolling out a unified enterprise mental health and well-being offering to members. The rollout comes roughly a year after the digital mental health companies Headspace and Ginger completed their $3 billion merger.  With the new initiative, users will be able to tap into Ginger’s on-demand coaching, therapy and psychiatric services. The offering […]

Headspace Health Expands Its C-Suite With 2 New Hires

Santa Monica, California-based Headspace Health has added two new members to its C-suite. The company announced Monday it hired Dr. Wizdom Powell as chief social impact and diversity officer and Jodi Bryant as chief commercial officer, according to a news release. Both Bryant and Powell will report to CEO Russell Glass. The two leaders join […]

Digital Mental Health M&A Could Streamline Offerings, Trigger ‘Death’ of Point Care Solutions

With $5 billion of investment in 2021, digital mental health is a startup hotspot. However, the sheer volume of offerings can make the sector difficult for enterprise customers to navigate, according to industry insiders speaking at the American Telemedicine Association conference Monday. “Most employers are bombarded with tons of point solutions,” Chris Wasden, chief strategy […]

Behavioral Health M&A Hits Record Level in 2021, Demand Remains “Sky-High”

Behavioral health business activity was on fire for another year in 2021, helped largely by a high demand for services among the public that shows no signs of abating any time soon. Transactions for behavioral health providers kicked off the year strong, with 35 deals registered in the first quarter (Q1) of 2021, according to […]