This is a BHB+ exclusive story It feels like policy reforms like parity are stuck in a line dance. The Cha Cha Slide, The Electric Slide or the Cupid Shuffle come to mind. You know what I’m talking about. First, you move to the left, then to the right, forward, backward, turn around, change direction […]
Outpatient mental health provider Nystrom & Associates Ltd. is working through a deal to acquire Ellie Mental Health’s Minnesota clinics. While still pending regulatory review, the deal would move the 25 locations of Ellie Mental Health—Minnesota to Nystrom & Associates. This would deepen Nystrom’s footprint in Minnesota: 42 of its 59 locations listed on its […]
This is an exclusive BHB+ story The mental health of American youth is moving in the wrong direction by several measures. Recent data from the federal government show mental health indicators such as feelings of hopelessness and suicidal thoughts are much worse now than they were 10 years ago and are largely unchanged in the […]
Behavioral health software company Dazos has secured a $25 million Series A investment from the B2B software growth capital firm Radian Capital. Dazos President and co-founder Louis Devaleix exclusively told Addiction Treatment Business that behavioral health’s unique nature requires industry-specific software tools. He argued that generic business-enablement services require operators to spend too much time, […]
The Republican-led House Committee on Energy and Commerce released budget reconciliation documents that show the GOP has walked back from direct cuts to Medicaid spending, as many in the health care world have feared. Instead, the documents released late on May 11 include several provisions that would eliminate spending on health care programs overseen by […]
Court documents reveal the Trump Administration intends to rework the much-extolled parity rule issued by the Biden administration. The administration’s future plans remain unclear. Attorneys representing the U.S. Department of Health and Human Services, the Treasury Department and the Department of Labor asked a federal court to hold a lawsuit challenging the Biden-era parity rule […]
Kindbridge Behavioral Health has raised $5.4 million. The Chattanooga, Tennessee-based digital mental health provider has raised the funding over the last few years; the earliest installment was raised in 2022. However, it recently disclosed them in public filings to the U.S. Securities and Exchange Commission. Kindbridge offers a range of mental health services via telehealth […]
Making value-based care a reality in autism therapy requires meta, if not somewhat circular, functions. Change management, operational compliance and fraud prevention require autism therapy providers to set up monitoring systems to track their data collection processes. In other words, provider organizations need to set up a process to ensure that their clinical and operational […]
Lower-middle-market private equity firm NexPhase Capital has acquired the autism therapy provider Behavior Frontiers. Financial terms of the deal were not disclosed. Lorient Capital, a health care-focused private equity firm, previously backed Behavior Frontiers, helping it expand its footprint to include 26 centers and home-based care branches across 12 states. It’s not clear if Lorient […]
Noma Therapy has announced a $4.25 million funding round to support the expansion of its partnership-focused virtual psychiatry offering, which includes ketamine-assisted therapy. Behavioral health and health insurance industry vet Andrea Auxier leads the Denver-based company, which has gone through Redesign Health’s venture studio incubator. Auxier told Behavioral Health Business that Noma Therapy’s mission is […]
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