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What Will Define Year-End Behavioral Health Parity Efforts in Congress
Behavioral well being parity proceeds to be a critical precedence in congressional laws. And it’s feasible that new laws could pass out of Congress right before the end of the 12 months. Major into the lame-duck session, payers and care companies have termed for clarity about parity, continuing a authorized and legislative quest that stretches again to the 1990s. Many Democrat and Republican senators are eager to contain mental overall health reforms, which will involve behavioral well being parity, in will have to-pass expenses. Sens. Bill Cassidy (R-La.) and Ron Wyden (D-Ore.) a short while ago indicated their optimism for these efforts, in accordance to Politico. Rep. Paul Tonko (D-N.Y.)…
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Senate Committee Releases Bipartisan Behavioral Health Parity Proposal
Key U.S. senators set ahead a tentative approach aimed at bolstering behavioral well being parity in Medicare and Medicaid. On Thursday, the Senate Finance Committee released a dialogue draft monthly bill on behavioral health and fitness parity in Medicare and Medicaid, a fifth in a series of identical proposed reforms. Leading into 2022, the finance committee fashioned 5 bipartisan performing groups to analyze areas of behavioral health reform with a Democratic and Republican senator top each individual. Sens. Michael Bennet (D-Colo.) and Richard Burr (R-N.C.) led the parity undertaking pressure. Here’s a brief rundown of some critical provisions. You can discover the draft invoice listed here: — Mandates that Medicare…
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Discovery Behavioral Health Names New SUD Leader
Discovery Behavioral Wellbeing Inc. has named Jennifer Carvalho president of its material use division. The Irvine, California-primarily based diversified behavioral wellness company is endorsing Carvalho to the job. She previously served as vice president of the compound use disorder division and CEO of the facility Casa Palmera in Del Mara, California. Carvalho reviews to Discovery Behavioral Health Chief Running Officer James Bailey, according to a information launch. Carvalho has also been elected to the National Affiliation of Habit Procedure Companies board, an advocacy team and experienced association, effective Jan. 1, 2023. Discovery Behavioral Health is a speedy-increasing supplier that offers mental health, dependancy treatment method and consuming dysfunction companies in…
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From Villain to Vanguard: Exploring Private Equity’s Role in Behavioral Health Care
In October, private equity firm Lee Equity Partners acquired compound use ailment company Bradford Well being. A pair months prior, Charlesbank Cash Associates – one more PE player – acquired autism provider Motion Conduct Facilities. And in July, Revelstoke Capital Associates bought eating problem big Monte Nido & Associates. These a few deals and some others like it replicate how personal equity is immediately increasing its get to in behavioral wellness care. In excess of the past ten years, PE investors have poured billions of pounds into behavioral well being. In modern several years, they’ve been attracted by skyrocketing need for providers subsequent the COVID-19 pandemic and the option to…
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A Year After $3B Mega Merger, Headspace and Ginger Roll Out ‘Unified’ Behavioral Health Offering
A 12 months Immediately after Their $3B Mega Merger, Headspace and Ginger Are Rolling Out a New ‘Unified’ Behavioral Health and fitness Presenting Headspace Overall health is rolling out a unified organization mental wellbeing and nicely-getting giving to customers. The rollout comes roughly a 12 months right after the digital psychological overall health firms Headspace and Ginger accomplished their $3 billion merger. With the new initiative, buyers will be equipped to faucet into Ginger’s on-demand coaching, therapy and psychiatric solutions. The giving will also present buyers with Headspace’s meditation and mindfulness offerings. “The Headspace Wellness unified knowledge is all about building it a lot easier to interact with psychological wellness…
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Inside Magellan’s New Senior-Focused Behavioral Health Partnership
Magellan Healthcare, the behavioral and specialty wellness care phase of managed care group Magellan Wellness (Nasdaq: MGLN), has rolled out a new software aimed at serving to seniors address social determinants of well being. In buy to provide these solutions, Magellan Health care has teamed up with digital senior assistant and guidance instrument DOUS. New York-dependent DUOS was established in 2020. In April, it shut a $15 million Series A funding spherical. As aspect of the software, members are paired with a private assistant, or “Duo,” to enable them coordinate sources and uncover help. “It’s exceptional in the way that it delivers alongside one another destigmatized help for social determinants…
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