The industry of digital mental health services is booming, with funding for services reaching $852 million in the first quarter of 2021, nearly twice the amount raised in the first quarter of 2020, according to market intelligence platform CB Insights.
Behavioral Health News
A survey conducted by VeryWell Mind found that affording treatment is a significant concern to 49 percent of those surveyed. Almost all of that 49 percent said they would have to discontinue treatment if their out-of-pocket costs were to increase.…
South Carolina Health and Human Services Director Robert Kerr is looking to raise insurance reimbursement rates for in-school therapists, in the hopes that it enables districts to hire more counselors, The State reported May 9.
Pensacola, Fla.-based Baptist Hospital is planning a $30 million behavioral health unit, Pensacola News Journal reported May 9.
Health insurance companies have invested millions of dollars in behavioral health programs and technologies recently.
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Schenectady, N.Y.-based Ellis Hospital temporarily closed its inpatient adolescent mental health unit due to workforce shortages, ABC affiliate News10 reported April 30.
Kirkland, Wash.-based Fairfax Behavioral Health Hospital is blocked from admitting new patients younger than 18 until unsafe conditions are addressed, the state health department said April 27.
Multnomah County (Ore.) Health Department landed $2.6 million in federal funding for a new behavioral health center in Portland, NBC affiliate KGW8 reported April 17.
Rhode Island is the state with the highest percentage of private practice therapists who are in-network with at least one insurance panel, according to a study by behavioral health site Zencare.
Kansas is the state with the lowest percentage of private practice therapists who are in-network with at least one insurance panel, according to a study by behavioral health site Zencare.