Tag: treatment center news

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New York Seeks to Transform Behavioral Health Through Medicaid Waiver

New York State is taking a significant step toward reshaping its state-managed behavioral health care system by attempting to bypass the longstanding institution for...

Akili, Inc. Announces 30% Workforce Reduction as Part of Cost-Cutting Strategy

Akili, Inc. (Nasdaq: AKLI), the Boston-based prescription digital therapeutics company, has announced it will cut 30% of its workforce in an effort to extend...

Venture Capital Flows into Behavioral Health: How General Catalyst is Shaping the Market

In recent years, behavioral health venture capital has surged, with firms investing billions of dollars into companies across mental health, addiction, and specialized care...

Wage Trends in Psychiatric and Substance Abuse Hospitals Show Signs of Slowing

Recent data from risk management research firm Hedgeye indicates that behavioral health wages in psychiatric and substance abuse hospitals have dipped slightly, potentially signaling...

Former Cerebral CEO Kyle Robertson Seeks Internal Documents, Potential Legal Battle Looms

Cerebral Inc., the telehealth mental health company, may be headed toward a Cerebral CEO lawsuit involving its former co-founder and CEO, Kyle Robertson. Robertson...

Behavioral Health Salaries: A Deep Dive into the 2021 Landscape

The field of behavioral health is critical for addressing mental health and substance use challenges across the United States. Yet, behavioral health salaries vary...