North-Star Care Makes Virtual Reality Key to Its MAT Program

More than 14 million adults nationwide report suffering from alcohol use disorder (AUD), but only a small portion of those people — 7.3% — ever get treatment, according to research published by JAMA Psychiatry. An even smaller percentage — 1.6% — receive medication-assisted treatment (MAT), which relieves the withdrawal symptoms and psychological cravings associated with […]

How SUD Treatment Providers Can Successfully Implement Contingency Management Programs

Contingency management has proven to be one of the most effective treatments for patients addicted to stimulants such as meth and cocaine. The practice — which rewards patients with money or prizes for hitting certain treatment milestones — has been shown to improve retention and abstinence rates. However, stigma and lack of reimbursement prevent many […]

Amid Record Deal Flow, New M&A Advisory Firm Launches With Behavioral Health Focus

Amid ‘extraordinary’ deal flow, yet another merger and acquisition advisory firm has entered the behavioral health industry. Called M&A Healthcare Advisors (MAHA), the new boutique M&A firm will focus on sell-side representation, M&A consulting and valuation services for lower-middle market health care clients. Behavioral health will be one of the firm’s main areas of focus, […]

COVID-19 Pushes More Residential Behavioral Health Providers to Outsource Dining Services

A growing number of residential behavioral health providers are outsourcing their dining services, according to Karen White, director of marketing at Culinary Services Group. “We’ve seen a large uptick probably within the past year,” White told Behavioral Health Business. “A lot of these organizations are seeing the benefit of having somebody … that can develop […]

Liberty Resources Shares Lessons Learned in Implementing CCBHC Expansion Grant

The Certified Community Behavioral Health Clinic (CCBHC) model means more money for behavioral health providers, better outcomes for patients and lower costs for the health care system overall. While the model was originally only accessible to providers located in select states participating in the CCBHC Medicaid demonstration, these days, providers nationwide can become CCBHCs with […]

Programming Note: BHB Holiday Weekend Schedule

Thanks for reading Behavioral Health Business! If you haven’t already, be sure to subscribe to our newsletter, which brings the latest industry updates and breaking news stories directly to your inbox. In observance of Labor Day, BHB will not be sending out a newsletter on Monday, Sept. 6. Instead, it will go out on Tuesday, […]

Appriss Rebrands as Bamboo Health Following PatientPing Acquisition

Appriss Health — a cloud-based care coordination software company known for its focus on behavioral health — has rebranded as Bamboo Health. The new name comes just a few months after the company acquired PatientPing, which focuses on physical care coordination. The goal of the deal, which came in at a reported $500 million, is […]

Autism, IDD Nonprofit Elwyn Secures $45M Refinancing Package

Elwyn — which dubs itself as the nation’s oldest and largest not-for-profit autism and IDD treatment provider — has secured a $45 million refinancing package. Headquartered in Media, Pennsylvania, Elwyn serves more than 20,000 people across California, Delaware, New Jersey, Pennsylvania, Rhode Island, Maine, Massachusetts, North Carolina and Virginia. It offers clients residential and community-based […]

Inside the Giant Ginger-Headspace Merger, What It Means for Behavioral M&A

Ginger and Headspace made huge waves in the behavioral health space Wednesday when they announced plans to merge and form Headspace Health. The combined company will boast a comprehensive set of virtual mental health offerings and a valuation north of $3 billion, while allowing Ginger and Headspace to retain their respective brands underneath the Headspace […]