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Behavioral Health | News, Analysis, Insights - HIT Consultant

Bicycle Health, Tele911 Partner to Bring OUD Care to Emergency Patients

by Fred Pennic 08/16/2022 Leave a Comment

Bicycle Health Secures $50M for Virtual Opioid Use Disorder Treatment

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

by Fred Pennic 08/12/2022 Leave a Comment

DPHO, UnitedHealthcare Launch Accountable Care Program

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

by Syed Hamza Sohail 08/05/2022 Leave a Comment

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

by Syed Hamza Sohail 08/02/2022 Leave a Comment

- 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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AmerisourceBergen Launches EHR-Integrated Digital Therapeutics Platform

by Fred Pennic 07/29/2022 Leave a Comment

AmerisourceBergen Launches EHR-Integrated Digital Therapeutics Platform

What You Should Know: This week, AmerisourceBergen announced plans to launch DTx Connect, a fully integrated ordering, dispensing and fulfillment platform that aims to facilitate patient access to physician-ordered digital therapeutics and diagnostics. - Several developers plan to pilot DTx Connect, which aims to reduce barriers that physicians and patients face across the ordering and fulfillment of digital therapeutics and diagnostics. Digital Therapeutics Market
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Impact of Applying Law of Small Numbers to the Telehealth Industry & Why Its Unsustainable

by Sanjula Jain, PhD., Chief Research Officer, Trilliant Health 07/25/2022 Leave a Comment

Impact of Applying Law of Small Numbers to the Telehealth Industry & Why Its Unsustainable

Driven by headlines and incomplete, misleading data that favor a telehealth narrative, health systems and healthcare investors must start asking "who" is actually supporting waning demand. The healthcare industry is no stranger to the 80/20 rule. The principle says 80% of an effect is driven by 20% of a cause, and in healthcare, it usually refers to there being a specific cohort of the population (e.g., the chronically ill) driving the majority of care utilization and costs. More recently,
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Executive Roundtable: Can Innovation Alleviate Clinician Burnout?

by Fred Pennic 07/18/2022 Leave a Comment

Physician Burnout Report: Understanding The Impact of Burnout on Healthcare Executives

The U.S. Surgeon General’s recent advisory about clinician burnout cited numerous societal, cultural, structural, and organizational causes—including excessive workloads, administrative burden, and lack of organizational support. The potential fallout of this trajectory is alarming: The advisory cites the Association of American Medical Colleges’ estimate on clinician demand outpacing supply, with an anticipated shortage of between
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Blue Cross NC Expands Mental Health for Children, Underserved Areas Through Collaboration with Headway

by Syed Hamza Sohail 07/14/2022 Leave a Comment

Blue Cross NC Expands Mental Health for Children, Underserved Areas Through Collaboration with Headway

What You Should Know: - In its latest effort to address critical mental health needs in North Carolina, Blue Cross and Blue Shield of North Carolina (Blue Cross NC) today announced it is expanding its network of behavioral health providers through a collaboration with Headway, a mental healthcare company that works with insurers to deliver high-value mental healthcare.  - Together the two companies will make it easier for Blue Cross NC members to quickly access – as soon as 48 hours –
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COVID-19: Addressing the Urgent Mental Health Needs of Frontline Workers

by Jorge E. Palacios, MD, PhD - Senior Digital Health Scientist at SilverCloud Health 07/14/2022 Leave a Comment

COVID-19: Addressing the Urgent Mental Health Needs of Frontline Workers

It is no secret that one by-product of the ongoing pandemic is an exacerbation of the country’s mental health crisis. According to research from Johns Hopkins, one in four Americans experience a mental health disorder in a typical year. Yet among adults in the U.S. rates of depression have steadily climbed from 8.5% before the pandemic to an alarming 32.8% in October of 2021, according to research published in The Lancet Regional Health—Americas.   While it is vital that health systems rush
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Northwell Invests $10M in Brightline for Virtual Pediatric Behavioral Healthcare

by Syed Hamza Sohail 07/13/2022 Leave a Comment

Brightline Secures $72M to Expand Pediatric Behavioral Health Solution Nationally

What You Should Know: - Brightline, the category leader in virtual behavioral healthcare for children, adolescents, and families, announced a $10M investment by Northwell Health, New York's largest healthcare provider, bringing its total Series C funding to $115M. - This strategic investment and partnership will create greater access to innovative pediatric mental health services across the New York Metro area at a critical time for families. The Only National One-Stop-Shop
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