Private equity-backed Newport Healthcare has named a new CEO. Brian Setzer, an ex-Walmart executive, will succeed Joe Procopio, effective Dec. 9. Procopio is retiring but will take up the role of chairman of the board for Newport Healthcare. He has held the CEO title since June 2019, when the company was known as Newport Academy. […]
Uncertainty around several COVID-era regulations and unresolved legislative questions has precipitated real world-impacts on behavioral health operators, especially addiction treatment providers. Specific questions around telehealth and the prescribing of controlled substances threaten the burgeoning crop of digital behavioral health operators that have thrived during the loosened regulations. Further, lingering questions about access to care via […]
Walmart Inc. (NYSE: WMT) and UnitedHealth Group (NYSE: UNH) will roll out a value-based care model at 15 Walmart Health locations in January 2023. The two titans of their respective industries announced Wednesday that the new, 10-year-long partnership will serve “hundreds of thousands” of seniors on Medicare Advantage (MA) plans. Behavioral health will be a […]
Walmart is incorporating behavioral healthcare into its new virtual diabetes care program. Delivered via the retail giant’s telehealth subsidiary MeMD, the diabetes program is pitched as a tool for employers and payers to help members manage their diabetes. Program participants meet with a medical provider, who can assess a patient’s medical and nutritional history, as […]
Matthew Truebe, formerly the vice president of product and engineering at Cerebral Inc., alleges that he was retaliated against after raising questions about how the company handles prescription medication. As reported by Bloomberg Law, Truebe alleges he was fired a year after being hired because he apparently refused to sign an amendment to his employment […]
Virtual counseling and coaching unicorn BetterUp is expanding its services to consumers, as it has teamed up with Walmart to launch a mental fitness platform for caregivers. BetterUp for Caregivers was designed by PhDs and behavioral scientists and will be available through The Wellness Hub, an online resource offered by Walmart that promotes health goals […]
The creation of urgent mental health care in retail locations isn’t coming, it’s already underway. Huge players in the retail and health care space have already built a foundation for themselves to make mental health care more accessible. Over the last 20 years or so, urgent care blazed a new retail-like trail for physical health […]
BetterUp taps Walmart exec as its first CMO Behavioral health unicorn BetterUp, which provides counseling and coaching services through its virtual platform, has named Tom Van Gilder as its first ever chief medical officer (CMO). Van Gilder comes to the company from Walmart (NYSE: WMT), where he also served as CMO. There, Van GIlder led […]
Walmart (NYSE: WMT) is preparing to expand its health care offering into dozens of news states, according to Business Insider. Specifically, the retail giant has filed paperwork to do business in a total of 37 states, where it is interested in providing telehealth in the future, the publication reported. The move could vastly expand the […]
California behavioral provider names CEO Sacramento, California-based Community Psychiatry, an outpatient behavioral health provider, has named Christopher Brengard as its CEO. He replaces outgoing CEO Ken Kelly. Community Psychiatry has more than 40 locations across the state of California, where it provides mental health services. Before joining the company, Brengard most recently served as chairman […]
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