Behavioral health transactions in the mergers and acquisitions space continue to flourish in 2021. As the country emerges from the pandemic, the need for these services is expected to continue to climb. Mental health has been a dominant theme in the health care space as COVID-19 has left many in vulnerable and struggling positions related […]
A new report by VMG Health examines the trend for non-profit hospital systems to form joint ventures with for-profit behavioral health providers, stating that the combinations have become more common in recent years due to the surge in demand for behavioral health services, limited bed capacity, and the ability for “both the non-profit and strategic […]
A federal audit of Colorado’s OTP services to determine whether the state’s oversight ensured that Medicaid OTP services in Colorado met Federal and State requirements found that nearly 80% of services sampled did not meet those requirements. “On the basis of our sample results, we estimated that over 1.1 million OTP services, or about 79 […]
A new survey from the American Network of Community Options and Resources shows that nearly 80% of community-based I/DD providers are turning away new referrals as the industry continues to grapple with the fallout from the coronavirus pandemic and the current stresses put on the industry by staffing and financial shortages. In February 2020, the […]
Over the past three months, demand for mental health and substance use treatment has increased nearly 80% over the past three months — continuing a steady rise that started more than a year ago — according to a new poll from Morning Consult and the National Council for Mental Wellbeing. As the need and demand […]
Elemy, a digital healthcare company that specializes in in-home pediatric behavioral health, announced this week a $219 million Series B funding campaign that will further the company’s mission in helping kids with autism and other behavioral health challenges by using technology to match families with therapists, board certified behavior analysts and hands-on Registered Behavior Therapists […]
A new independent study found that employers offering Lyra Health’s mental health care benefits were able to save a significant amount of money through overall health care costs in the first year of enrollment. The study, which was conducted by the global professional services firm Aon, found that employees who were able to take advantage […]
Jaime Blaustein has experienced his rock bottom. Blaustein, the former investment banker, knows firsthand what it’s like to be in despair, not knowing where to turn, in need of guidance, support and some tough love. In fact, he’s had a few moments like that. “The lowest of lows I’ve had, I could go into all […]
Octave, a national mental health practice with locations in New York and California, announced it will join Health Net’s network of providers to offer its mental health services to more than 500,000 people and patients who have health care plans with Health Net. The partnership will allow Octave to expand its reach throughout California and […]
Pending legislation could usher in the ability for older and disabled Americans to access hundreds of thousands more behavioral health care providers. Experts say outdated policies currently limit many Medicare policyholders’ behavioral health care options because swaths of clinicians have remained ineligible for reimbursement for decades. But that could all change thanks to a bill […]
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