What You Should Know:
- Today, Headspace Health, the world's most comprehensive digital mental health provider, today announced its acquisition of the Shine app, a mental health and wellness platform dedicated to providing a more representative and inclusive mental health experience for the BIPOC community.
- Founded in 2016, the Shine app serves over 45,000 paid subscribers and has reached over six million people by offering self-guided content – including daily meditations,
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Behavioral Health | News, Analysis, Insights - HIT Consultant
Enacting Care Coordination Policy to Curb the Drug Epidemic
The U.S. has reached a grim milestone with an estimated 107,622 drug overdose deaths in the United States during 2021. With a post-pandemic spotlight on mental health and substance use disorder challenges, Congress and the Biden administration are working on multiple plans to address these issues.
Earlier this year, the Biden Administration sent its first national drug control strategy to Congress, which focused on two pillars, one of which centered on addressing untreated addiction.
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HCSC Launches Virtual Primary Care, Powered by Teladoc Health
What You Should Know:
- Health Care Service Corporation (HCSC) announces it is expanding its virtual care portfolio by offering virtual primary care to some midsize and large employer groups in Illinois and Texas starting January 1, 2023.
- HCSC’s virtual primary care program is powered by Teladoc Health, which supplements HCSC’s network of providers to increase convenient, timely access to care.
Virtual Primary Care Offering
The virtual primary care model is designed to help
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Techstars Relaunches Healthcare Accelerator in Los Angeles
What You Should Know:
- Techstars, a global investment business that provides access to capital, one-on-one mentorship, and customized programming for early-stage entrepreneurs announces today the relaunch of Techstars Healthcare sponsored by Cedars-Sinai, Point32Health, UCI Health, and UnitedHealthcare.
- The consortium-led accelerator program will be based in Los Angeles and select 12 high-growth startups to participate in its intensive 13-week program. Startups will receive capital,
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Bicycle Health & Evernorth Partner to Expand Access to Virtual Opioid Use Disorder Treatment
What You Should Know:
- Bicycle Health, today announced that its high-quality, evidence-based virtual opioid use disorder (OUD) treatment is now part of Evernorth’s behavioral health network
- Furthermore, it will be made available to all Evernorth clients, as well as Cigna health plan customers who receive health coverage through their employer or marketplace exchange plans in 24 states. Evernorth is the health services business of Cigna Corporation.
Increasing Access to Care Using
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HealthTeam Advantage Integrates With Bamboo Health’s Pings Solution
What You Should Know:
- Bamboo Health™ recently announced that HealthTeam Advantage (HTA), the business name of Care N’ Care Insurance Company of North Carolina, Inc., has integrated Bamboo Health’s Pings™ solution.
- The Pings rollout delivers real-time admission, discharge, and transfer (ADT) e-notifications for HTA’s 15,000 North Carolina PPO and HMO Medicare Advantage plan members.
Using Real-Time E-Notifications to Lower Costs and Improving High Quality Care
Bamboo Health
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Bicycle Health, Tele911 Partner to Bring OUD Care to Emergency Patients
What You Should Know:
- Bicycle Health, a provider of virtual opioid addiction treatment, and Tele911, a telemedicine company specializing in reducing medically unnecessary ambulance transports of stable 911 patients to hospital ERs, today announced a partnership to increase access to opioid use disorder care for patients in emergency situations.
- The partnership between the two organizations will ensure that patients experiencing health crises stemming from or in addition to opioid use
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UnitedHealthcare Awards $11M in Grants to Address Social Determinants of Health
What You Should Know:
- Health insurer UnitedHealthcare has donated $11M in grants to nonprofit organizations across 11 states.
- These grants are part of our Empowering Health program focused on expanding access to care and addressing the social determinants of health (SDoH) for people in underserved communities. These grants assist individuals and families experiencing challenges from food insecurity, social isolation and behavioral health issues, and support local health
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Healthcare & Life Science M&A Activity Plummets 1H’22
What You Should Know:
- The index of Healthcare & Life Science equities tracked by Stout was down 16.8% in Q2 2022, which was in line with the S&P 500 decline of 16.4%.
- Healthcare & Life Science M&A activity plummeted to 338 deals in Q2 2022 versus 535 in Q2 2021 and a record 565 deals in Q4 2021. The report reveals credit markets likely to tighten, but a healthy level of M&A is expected to continue in the growing and defensive healthcare sector.
Key Trends and
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Brave Health & MedArrive Partner to Power Virtual Mental Health
- Brave Health, a virtual-first behavioral health provider focused on serving Medicaid and Medicare populations, today announced an innovative referral partnership with MedArrive.
- Through this collaboration, if MedArrive identifies an eligible health plan member in need of mental health support, MedArrive’s field providers can immediately refer that member to Brave Health’s behavioral health providers in real time and schedule care within 72 hours. Conversely, if Brave Health identifies an
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