The BHT Newsletter: The Hidden Cost Hurting Patients & BH Providers

Many behavioral health practices recognize that verifying patients’ insurance information is a key factor in their success. But most operators are forced to under-resource this critical set of activities due to its inherent complexity and scale requirements. The problems created by these broken benefit verification processes ripple through almost every function of a practice - from lower initial conversion and retention of new clients to impacted cash flow and overall practice health.? Check out the post from Nirvana CEO Akshay Venkitasubramanian on how technology can help address concerns around incorrect benefit verification.

Upcoming Webinar: How to digitally build trust and connection between providers and patients to get better matches and conversions

The initial session with a therapist is crucial in shaping the client’s experience in therapy. ?A successful initial session starts with the therapist and patient establishing a connection and building a sense of rapport. But creating trust and connection is harder in today’s digital world.

Many therapists try to build connection by creating a profile that includes a headshot. But a photo is limited in its ability to create that sense of trust. But with a video profile, clients can get a real sense of who the therapist is, how they talk, and what their style is. This facilitates a connection before the patient arrives and leads to better matches and more initial sessions for the provider. This webinar sponsored by TakeOne, panelists Johanne Schwensen, Whitley Lassen, PsyD, MBA, and Daniel Sorochkin will cover:

• Why is connection and trust so important, especially in the initial session?
• The power of quality introduction videos in creating better care from the very first session.
• The success story for It’s Complicated, a therapy platform and marketplace, using introductory videos through TakeOne.

Register here!

Behavioral Health Tech has selected Institute for Exceptional Care (IEC) as its 2024 Non-Profit Grantee! IEC is dedicated to improving healthcare for individuals with intellectual and developmental disabilities. You can be a part of this vital mission by donating to them during registration for our upcoming conference in Phoenix, November 5-7th. Registration is live here!

Hiring Teams — Do you want access to the central database of quality candidates across all levels and roles? Enroll as a hiring company here.

ATTN Job Seekers:?Apply to Our Talent Collective or?Browse Our Job Board

Are you looking for a new job and want our community of hiring companies to reach out to you for a change? Join our talent collective for free here. Additionally, our job board is free to browse anytime.?Some recently posted opportunities:

• VP of Business Operations - Mindset (NYC Metropolitan Area, Full Time)
• Senior Associate, Clinical Education - Headway (Remote, Full Time)
• Content Marketing Manager - ieso (Remote, Full Time)

See more here.

Headlines in Behavioral Health:

• DarioHealth published two new peer-reviewed studies demonstrating the impact of Digital Behavioral Health.
• For the second year in a row, Heard published the Financial State of Private Practice Report, surveying 2,000+ therapists nationwide to better understand the state of private practice finances in the United States.
• Carelon Behavioral Health Carelon Behavioral Health shared thoughts on how early intervention for eating disorders helps to save lives.
• Two Chairs raised a $72M Series C fundraising in equity and debt financing round to scale its therapist network.
• Talkiatry , a leading provider of high-quality, in-network psychiatric care, is now offering simple and transparent online payment solutions through its partnership with Cedar, a healthcare financial engagement platform.
• BHT Speaker Erin Terkoski Young, MSW, MBA, LICSW shares five tips to help employees care for their mental health.
• Qualifacts announced the Launch of Qualifacts? iQ Behavioral Health Artificial Intelligence (AI) Solution.
• Core Solutions, Inc. launches symptom tracking AI supporting measurement- and value-based care.
• LunaJoy Health has announced the launch of its novel integrated care program – LunaCare – to improve outcomes in maternal mental health.

A big thanks to all of the Behavioral Health Tech partners!

Do you want to share exciting news or opportunities with our audience of health plans, employers, providers, investors, digital health companies, and policymakers? Get in touch to find out more about our news and sponsorship opportunities. Send us a note and we will be in touch!