Aetna Ends Cerebral’s In-Network Status, Congress Looks into Digital Health’s Compliance with Ryan Haight Act

The scrutiny around mental health startup Cerebral Inc. following the company’s meteoric rise and subsequent criticism has generated new challenges for the company. A House committee has launched a review of how the Drug Enforcement Administration (DEA) has enforced the Ryan Haight Act, which dictates how controlled substances are allowed to be prescribed via telehealth. […]

Cerebral Reportedly Outsourcing Care Coordinator Jobs to the Philippines at $8 per Hour

Cerebral Inc. reportedly plans to ship a major portion of its care coordinator roles to the Philippines. The change is the latest development to Cerebral’s employment model, which has repeatedly been in the spotlight over the past few months. Specifically, Cerebral’s plan is to have 70% of its care coordinators based in the Philippines by […]

Cerebral Raises $300M as Valuation Hits $4.8B, Eyes Expansion and M&A

Online mental health company Cerebral announced on Wednesday that it has raised $300 million in Series C investments, bringing the total amount raised by the company to $462 million. Funding for Cerebral’s round was led by SoftBank Vision Fund 2, which is a venture capital fund of SoftBank Group. The round also drew participation from […]