UnitedHealthcare has selected two mental health startups as part of its health care accelerator. Last week, the large commercial payer announced digital mental health company Mood Health and substance use disorder-focused startup YourPath would be part of its 4-month accelerator program. A total of 10 health care startups were selected to participate in the Minneapolis, […]
Universal Health Services Inc. (NYSE: UHS) is doubling down on its reimbursement rate strategy. Company leadership warns payers to keep up with inflation or elsewhere. On July 26, the King Of Prussia, Pennsylvania-based acute care and behavioral health system operator held its second-quarter earnings conference call. During the call, UHS CFO Steve Filton said some […]
Payers appear to be at the forefront of standardizing value-based care. But they still share the reins with other major forces in behavioral health, especially in the outpatient mental health space. Until the industry settles on standards, the value-based care negotiations are likely to produce reimbursement arrangements that are one-offs or otherwise unique. On the […]
Telehealth visits increased by an eye-popping amount among UnitedHealthcare members compared to pre-pandemic levels. Utilization in 2021 increased to 28 million virtual care visits — a 2,500% increase — with about half of those visits being for behavioral health issues. And within behavioral health, 63% of all visits were conducted via telehealth, according to a […]
Digital mental health platform Resilience Lab is expanding services in the tri-state area of New York, New Jersey and Connecticut, with plans to grow to nine Northeast states this year. New York-based Resilience is now available to 33 million tri-state area residents, with access open to residents who are in-network with UnitedHealthcare and Humana. To […]
Hurdle Health, a digital behavioral health platform aimed at providing culturally-intentional services, has announced that it has expanded its availability into Texas, Massachusetts and California – with more states planned for the second quarter of 2022. The Washington, D.C-.based platform – which last year raised $5 million in funding – was originally founded in 2018 […]
UnitedHealth Group health services division Optum saw huge increases in behavioral health appointments driven by the coronavirus pandemic and enabled the use of telehealth. Fierce Healthcare reported last week that the Minnetonka, Minnesota-based health insurance and health services giant saw behavioral health visits at Optum increase 130% compared to pre-pandemic levels. Leaders of the company […]
Talkiatry fills leadership roles with new hires Virtual behavioral health provider Talkiatry has added to its leadership team with two new hires. Adam Bunke joins New York-based Talkiatry as its head of design. Bunke comes to the company from Philips, where he was a design director and creative strategist for the global conglomerate. Bunke has […]
Digital platform Mantra Health, which tailors mental health services to the higher education population, has raised $22 million in a Series A funding round led by VMG Partners. Other participants in the round included Canaan Partners, Global Founders Capital, Baleon Capital, Western Tech Investments and City Light Capital, all of whom have previously invested in […]
Talkiatry adds senior vice president of operations Virtual behavioral health provider Talkiatry has named Vanessa Cao as its senior vice president of operations. Cao joins Talkiatry from New York-based wellness startup HealthQuarters, where she was the company’s head of operations. She has also previously held managerial roles with New York-based health system NYU Langone Health […]
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