Optum Behavioral Health Releases the First of Two Mass Overpayment Notices

A number of licensed clinical social workers (LCSWs) across the country are facing a mass clawback effort launched by UnitedHealth Group’s (NYSE: UNH) services division, Optum. The company’s Medicare Advantage plans overpaid the LCSWs “due to an error within a claims payment system,” a representative of Optum Behavioral Health told Behavioral Health Business. Optum Recovery […]

‘An Economic Incentive to Care’: Improving Behavioral Health Equity Boosts Bottom Lines

Payers and employers often have a blind spot when it comes to addressing inequities in behavioral health. But ignoring mental health care inequities can increase overall health care costs.   An analysis from Deloitte suggested that inequities have led to $320 billion in annual health care spending — “signaling an unsustainable crisis for the industry.” That figure […]

Optum, Aetna and UHS Leaders Offer ‘Outcomes Roadmap’ for Value-Based Contracting

Behavioral health providers have lagged behind their physical health counterparts in measuring outcomes. But that may soon change, industry insiders believe, as payers pressure providers to show more data before raising rates or negotiating value-based contracts. Even so, collecting the correct data to prove outcomes isn’t just on behavioral health companies. A true outcomes-based approach […]

How Optum’s $5.4B LHC Group Acquisition Pushes Behavioral Health Toward Value-Based Care

Optum announced another blockbuster acquisition that demonstrates the ambition of its parent organization, UnitedHealth Group Inc. (NYSE: UNH), to have a presence in a wide range of health care segments as it strives toward value-based care.  And that ambition could have major effects on the behavioral health industry as Optum continues its dealmaking.  Just a […]

Comprehensive Autism Company Cortica Nets $60M in Series C Funding

Cortica, a technology-enabled autism treatment provider, has raised $60 million in an oversubscribed Series C funding round, the company announced Tuesday. Longitude Capital led the round, with additional participation from new and existing investors such as Questa Capital, Aperture Venture Partners, 406 Ventures and Adam Boehler, who is the CEO of health care investment firm […]

Peer Workers, Better Outcome Measures Key to Successful Value-Based Care in Behavioral Health

Behavioral health proponents often tout value-based care as an efficient way for providers to deliver better services, giving them the chance to be paid based on the quality outcomes they produce for patients rather than the historically low fee-for-services reimbursement rates they typically receive. The payment model has picked up steam in recent years, as […]

Optum Behavioral CEO: We Must Expand the Behavioral Health Care Delivery System to Facilitate Value-Based Care

On average, people with behavioral health conditions cost payers about $875 more per member per month than those without behavioral health conditions. Yet, studies show that less than half of the patients who need behavioral health treatment actually receive it. The health care system’s fee-for-service nature is one reason for that, as is the massive […]

Alma — A Startup to Support Behavioral Health Providers — Raises $28M

Alma, a membership-based network for behavioral health providers, has raised $28 million in Series B funding, the company announced Tuesday. The round was led by Insight Partners, with participation from existing investors BoxGroup, Primary Venture Partners, Rainfall Ventures, Sound Ventures and Tusk Venture Partners. Optum Ventures, a first-time Alma investor, also participated. The latest round […]