This is an exclusive BHB+ story With Medicaid redeterminations on the horizon and Affordable Care Act (ACA) marketplace subsidies set to expire at the end of this year, health care consumers could have few places to turn to for coverage. I foresee these new developments threatening to undermine the behavioral health sector, potentially restricting access […]
This is an exclusive BHB+ story Artificial intelligence is getting pretty dang good at replicating its source materials. Outpatient mental health is no exception. We are at the point now with AI that its text-based products are indistinguishable from human-generated outputs. Researchers at Dartmouth College have given us two notable examples: A study released earlier […]
Before competing in Olympic swimming, it’s important to start with basic lessons; similarly, behavioral health providers may consider taking strategic intermediate steps before becoming fully at-risk providers. The move from a fee-for-service model toward risk-based value-based care can be gradual for behavioral health providers. There are a number of alternative payment models that providers can […]
This is an exclusive BHB+ story Value-based care has been the great white whale of behavioral health for nearly a decade. Yet there has been very little movement in the space. The vast majority of behavioral health providers rely on fee-for-service models of care. In a recent Behavioral Health Business survey, 65% of respondents reported […]
After years of stagnation, behavioral health providers are actively seeking growth opportunities and finally warming up to more M&A. The uptick in deal flow is evident in even the first month of the year. Behavioral health platform company Oceans Healthcare announced the purchase of Haven Behavioral Healthcare in early January, and Iris Telehealth closed a […]
Payer partnerships are essential to successfully scaling a behavioral health organization. However, the landscape of those partnerships is quickly changing as payers deal with an uptick in behavioral health utilization and value-based care contracting grows in popularity. Additionally, payers are increasingly looking for a continuum of services. Historically, payers used a carve-out model for behavioral […]
Behavioral health providers are increasingly using artificial intelligence (AI) to improve efficiency, personalize treatment pathways and produce outcomes. How best to develop an AI-enabled technology stack remains unclear, however. While leasing AI technology from vendors is a relatively easy path to keep up with the digital Joneses, providers with more specialized needs or those looking […]
Mental health provider Thriveworks has acquired AI-powered behavioral health company Synchronous Health. The acquisition enables Thriveworks to expand its technology base and operate enterprise relationships with large partners, the company’s top executive told Behavioral Health Business. “There were two boxes that we wanted to check,” Thriveworks CEO Dan Frogel told BHB. “[Synchronous] stands for access […]
The allure of being a one-stop-shop for health services is waning for behavioral providers. Instead, we are seeing the rise of partnerships to help with referral pathways and provide specialty care. While there is a drive for more integrated services with a holistic approach, many providers are recognizing their limitations, particularly in the digital space. […]
Patients diagnosed with both opioid use disorder (OUD) and a psychiatric condition can experience decades-long delays before receiving treatment and significant barriers to care. A new partnership between OUD treatment provider Ophelia and hybrid mental health provider Thriveworks is seeking to provide an accessible pipeline to care for patients with co-occurring OUD and psychiatric disorders. […]
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