Octave Expands In-Network Mental Health Services to 5 New Locations
Octave has launched mental health services in Connecticut, Florida, New Jersey, Texas, and Washington, D.C., part of an expansion plan that aims to increase access nationwide to care covered by insurance.
In each of the new markets, Octave services are in-network with Aetna commercial plans, covering more than 6 million additional lives.
The locations were selected because of the critical needs for in-network mental health care there – Florida, Texas and New Jersey rank among the nation’s toughest states to get access to care due to high cost and lack of availability, while the District of Columbia ranks the highest in the rate of need for mental health services. More states will be added in 2023.
“As Octave grows, we want to be thoughtful about where we expand our services and really make a difference in people’s ability to get care how and when they need it,” said Sandeep Acharya, Co-Founder and CEO of Octave. “Our partnership with Aetna allows us to launch more quickly in new markets and start providing in-network care sooner. We look forward to partnering with more insurance companies in these new locations.”
Octave’s services – which include adult individual, couples, and family therapy – have been available in New York and California since 2019. In addition to virtual care, Octave currently operates four physical clinics in New York and San Francisco, with additional clinics scheduled to open later this year in Los Angeles and Oakland pending COVID-19 safety levels.
All services in Connecticut, Florida, New Jersey, Texas, and Washington, D.C., initially will be virtual, as the company grows its network of the best providers.
“Our greatest strength is the quality of our providers delivering the care,” said Golee Abrishami, PhD, Octave’s Head of Clinical Care. “To support that, we’re building teams centered around evidence-based, outcome-driven approaches and investing heavily in supporting their success. That’s the key to expanding access to in-network care.”