For behavioral health providers, being overworked and underpaid is often the norm. Low reimbursement rates mean less incentive for new clinicians to enter the space, perpetuating the industry-wide supply and demand mismatch and making it harder for patients to receive care. While most providers agree payment innovation is the answer, getting payers on board can […]
Vermont has become the first state to decriminalize possession of the medication-assisted treatment (MAT) drug buprenorphine. Gov. Phil Scott signed a bill into law allowing people to legally possess up to 224 milligrams of the drug, or about two weeks’ worth, even if they don’t have a prescription. Before the law was passed, that would […]
Concert Health has inked two new collaborative care partnerships — one with Benson Hospital, a rural health hospital in Arizona, and another with Women’s Health U.S. (WHUSA), a multi-state women’s health practice. The news comes just a few months after the collaborative care company struck up similar arrangements with two big name health systems: Equality […]
Just a couple weeks after LifeStance Health Inc. announced its intention to go public, the TPG Capital-backed outpatient behavioral health provider has set the terms of its initial public offering (IPO). On Tuesday, the company announced that it plans to raise up to $557.6 million and be valued at up to $6.35 billion. Additionally, it […]
As Acadia Healthcare’s (Nasdaq: ACHC) business continues to stabilize, the behavioral health powerhouse has its sights set on a 10% EBITDA growth rate over the next five years. Joint ventures (JV) with big name health care partners — including those with whom Acadia already has relationships — will play an important role in helping the […]
Substance use disorder (SUD) treatment has typically been considered separated from other types of health care and paid for out-of-pocket or on a fee-for-service basis, meaning it is often siloed, expensive and incomprehensive. AmeriHealth Caritas is tackling some of those issues with a new value-based payment pilot designed to promote improved, integrated SUD screening and […]
HCAP Partners invests in AMFM Healthcare HCAP Partners, a California-based private equity firm, has invested more money into AMFM Healthcare, a mental health treatment provider. Terms of the follow-on investment were not disclosed, nor was the amount of money HCAP has previously invested into the company. Headquartered in San Diego, California, HCAP provides mezzanine debt […]
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People taking buprenorphine to overcome opioid use disorder (OUD) aren’t using the medication-assisted treatment (MAT) drug for long enough, according to a new study published Wednesday in the Journal of Substance Abuse Treatment. Buprenorphine has been successfully used to treat OUD for nearly 20 years. The drug has been shown to lead to sustained recovery […]
The ability to get paid for virtual services has been a game changer for behavioral health providers amid the pandemic. It’s allowed them to continue providing services and remain afloat financially over the past year and a half — and many stakeholders believe telebehavioral health has the power to improve patient access and providers’ bottom […]