Optum Acquired Refresh Mental Health, CARE Counseling To Attack Wait Times

Optum acquired outpatient mental health providers Refresh Mental Health and CARE Counseling in a bid to cut wait times. Top brass at Optum’s parent organization, the health care behemoth UnitedHealth Group (NYSE:UNH), explained that Optum is prioritizing providing health plans with comprehensive, timely services that can be offered under value-based care contracts. Optum is the […]

‘There’s No Question’ Buyers Want In On the Outpatient Mental Health Space Post-CARE Counseling-Optum Deal

Optum owned Refresh Mental Health’s acquisition of outpatient mental health provider CARE Counseling was a bright spot in a slow dealmaking environment. Still, the transaction may provide insights into the near future of outpatient mental health M&A. The tie-up illustrates that interest in outpatient mental health dealmaking is still strong. It also shows that Refresh […]

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 […]

UnitedHealth Group Tight-Lipped on Behavioral Health Plans After Expanding Segment

UnitedHealth Group (NYSE: UNH) is keeping details about its behavioral health strategy close to the chest. The health care and insurance company highlighted that its behavioral health business was thriving just a few quarters ago in its Q2 2023 earnings call. Now, despite recently expanding its behavioral health segment, the company is highlighting other aspects […]

Optum-Backed Refresh Mental Health Acquires CARE Counseling

Optum-owned Refresh Mental Health has acquired fast-growing outpatient mental health provider CARE Counseling, according to several sources close to the matter. The deal marks the second Optum-affiliated outpatient mental health acquisition in the last few years. In 2022, Optum acquired what was ostensibly the second-largest outpatient mental health company: Jacksonville Beach, Florida-based Refresh Mental Health. […]

Refresh Mental Health Shutters Eating Disorder Treatment Division

Refresh Mental Health, a subsidiary of Optum, will shutter its eating disorder treatment service line. The health care and related services behemoth confirmed Refresh will close its four eating disorder treatment brands. Evolve Healing Eating Disorders was the first center to close, shutting its doors permanently on Dec. 1. Optum is part of Minnetonka, Minnesota-based […]

Top Behavioral Health Stories of 2023: Bankruptcies, ‘Ghost Networks’ Shake the Industry

2023 has been a tumultuous year for the behavioral health space. Macroeconomic headwinds, including rising interest rates plus unrest in Eastern Europe and the Middle East, has slowed dealmaking. Additionally, many providers have struggled to raise more capital as investors tighten their purse strings. At least two major companies in behavioral health care have filed […]

UnitedHealth Group Pursues Integrated Care Amid Rising Behavioral Health Costs

UnitedHealth Group (NYSE: UNH) has seen a significant increase year over year in its behavioral health care costs. At the same time, the company’s health services organization, Optum, has also seen a large uptick in behavioral health usage year over year. UnitedHealth Group CEO Andrew Witty noted that this trend could have favorable outcomes. “We’re […]

Dr. Amar Desai to Serve as Optum Health’s Next CEO Amid Behavioral Health Integration Push

UnitedHealth Group’s (NYSE: UNH) health services subsidiary Optum Health has picked CVS Health (NYSE: CVS) vet Dr. Amar Desai as its new CEO. The leadership change comes as Optum further focuses on behavioral health service integration and strategic M&A.  In his new role, Desai will have a significant role in health care delivery at the […]

As UnitedHealth Group Looks to Deploy Capital on Provider Acquisitions, More Behavioral Health Deals Could Be Coming

UnitedHealth Group (NYSE: UNH) is doubling down on its value-based payment strategy and, in turn, further integrating behavioral health services. The company has ramped up its value-based care efforts in its insurance arm, UnitedHealthcare, and health services division, Optum. In UnitedHealth Group’s Q1 earnings call on Friday, it announced that Optum covers roughly 4 million […]