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
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, 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 […]
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 (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 […]
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 […]
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 […]
The struggles of Optum and CVS Health Inc. (NYSE: CVS), two of the country’s largest health organizations, to integrate assets into a cohesive “payvider” model illustrates the deep challenge of creating value-based care models. Optum, the health services division of UnitedHealth Group Inc. (NYSE: UNH), and CVS Health, which owns Aetna, one of the largest […]
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 […]
UnitedHealth Group (NYSE: UNH) gave select health insurance members free access to virtual behavioral health coaching. The company announced Thursday that certain commercial health insurance members gained access to the service on Jan. 1, 2023. The move impacts 5 million members on fully insured plans. Self-insured employers may purchase access to the service, according to […]
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