diff --git a/docs/conf.py b/docs/conf.py
index de5c2f652a..50a70e03d5 100644
--- a/docs/conf.py
+++ b/docs/conf.py
@@ -42,7 +42,7 @@
 # The short X.Y version
 version = ''
 # The full version, including alpha/beta/rc tags
-release = '0.16.0'
+release = '0.16.1'
 
 docs_url_prefix = "ecosystem/ibm-runtime"
 
diff --git a/docs/index.rst b/docs/index.rst
index 9271be9e07..341c1936ee 100644
--- a/docs/index.rst
+++ b/docs/index.rst
@@ -1,5 +1,5 @@
 #########################################
-Qiskit Runtime 0.15.0 documentation
+Qiskit Runtime 0.16.1 documentation
 #########################################
 
 Overview
@@ -32,7 +32,7 @@ This primitive takes circuits as input and returns a quasi-probability distribut
 
 **Error suppression / mitigation**
 
-While building a fault-tolerant quantum computation is the ultimate goal, at present, calculations performed on near-term quantum computers are susceptible to noise.  Qiskit Runtime offers several methods for preventing errors before they occur (error suppression techniques) and dealing with those that do occur (error mitigation techniques).  
+While building a fault-tolerant quantum computation is the ultimate goal, at present, calculations performed on near-term quantum computers are susceptible to noise.  Qiskit Runtime offers several methods for preventing errors before they occur (error suppression techniques) and dealing with those that do occur (error mitigation techniques).
 
 **Session**
 
diff --git a/qiskit_ibm_runtime/VERSION.txt b/qiskit_ibm_runtime/VERSION.txt
index 04a373efe6..2a0970ca75 100644
--- a/qiskit_ibm_runtime/VERSION.txt
+++ b/qiskit_ibm_runtime/VERSION.txt
@@ -1 +1 @@
-0.16.0
+0.16.1
diff --git a/releasenotes/notes/0.16/q-ctrl-instance-check-46181d51f16d18bc.yaml b/releasenotes/notes/0.16/q-ctrl-instance-check-46181d51f16d18bc.yaml
new file mode 100644
index 0000000000..a48934c7f0
--- /dev/null
+++ b/releasenotes/notes/0.16/q-ctrl-instance-check-46181d51f16d18bc.yaml
@@ -0,0 +1,5 @@
+---
+fixes:
+  - |
+    If a cloud instance that is ``q-ctrl`` enabled is used while ``q-ctrl`` is not
+    passed in as the ``channel_strategy``, an error will be raised.
diff --git a/releasenotes/notes/remove-custom-programs-aea76f4dd19cd481.yaml b/releasenotes/notes/0.16/remove-custom-programs-aea76f4dd19cd481.yaml
similarity index 100%
rename from releasenotes/notes/remove-custom-programs-aea76f4dd19cd481.yaml
rename to releasenotes/notes/0.16/remove-custom-programs-aea76f4dd19cd481.yaml
diff --git a/releasenotes/notes/thread-safe-sessions-d08c8367e98447e7.yaml b/releasenotes/notes/0.16/thread-safe-sessions-d08c8367e98447e7.yaml
similarity index 100%
rename from releasenotes/notes/thread-safe-sessions-d08c8367e98447e7.yaml
rename to releasenotes/notes/0.16/thread-safe-sessions-d08c8367e98447e7.yaml
diff --git a/releasenotes/notes/q-ctrl-instance-check-46181d51f16d18bc.yaml b/releasenotes/notes/q-ctrl-instance-check-46181d51f16d18bc.yaml
deleted file mode 100644
index 1a556a4fb5..0000000000
--- a/releasenotes/notes/q-ctrl-instance-check-46181d51f16d18bc.yaml
+++ /dev/null
@@ -1,5 +0,0 @@
----
-fixes:
-  - |
-    If a cloud instance that is `q-ctrl` enabled is used while `q-ctrl` is not 
-    passed in as the `channel_strategy`, an error will be raised.