Lyra Health Raises $75M in Latest Funding Round

Burlingame, California-based Lyra Health, a behavioral health benefits provider for employers, has raised $75 million in its latest funding round, the company announced Wednesday. The Series C funding round was led by IVP, a late-stage venture capital and growth equity firm. Existing funders and new investor Meritech Capital Partners also contributed. The new money supplements […]

Digital Apps Can Help Yield Better Outcomes for Eating Disorder Patients

Patients recovering from eating disorders may benefit when traditional treatment is supplemented with the use of apps, a new study reports. The results, which were published by the American Journal of Psychiatry, could be of interest to eating disorder recovery providers looking for assistance in delivering better patient outcomes. For the study, researchers followed 225 […]

Transactions: Merger Forms ‘Top-Five’ Autism Provider; Discovery Behavioral Health’s Latest Acquisition

Autism treatment companies merge to form one of nation’s largest ABA providers PE-backed BlueSprig Pediatrics, a Houston-based provider of applied behavior analysis (ABA), has announced its purchase of Florida Autism Center and its Georgia brand Fusion Autism Center, creating a “top-five national provider” of autism services, according to a press release announcing the news. Terms […]

Telehealth OUD Treatment Just as Effective for Pregnant Women as In-Person Assistance

As telehealth services become a more widely available and accepted form of treatment, providers may find it useful in treating pregnant women battling opioid use disorder (OUD). In fact, OUD telemedicine treatment can be just as productive and successful as treatment patients might otherwise get in a clinic, new findings suggest. The study was published […]

In the Pipeline: Oceans Healthcare’s Latest Facility; New Behavioral Health Hospitals

Opened Pyramid Healthcare opens second Georgia facility Pyramid Family Behavioral Healthcare has opened a new center in the Atlanta suburb of Sandy Springs, Georgia. The program provides intensive outpatient and partial hospitalization treatment services to adults and adolescents. Pyramid Family Behavioral Healthcare also offers treatment services in a second Atlanta suburb in Johns Creek. Its […]

Hospital CEOs List Behavioral Health Among Top Concerns

Behavioral health and addiction issues were among hospital CEOs’ top concerns in 2019, according to a new survey.  The American College of Healthcare Executives (ACHE) asked 1,481 community hospital CEOs from across the country to rank 11 issues based on how much they were impacting the CEOs’ organizations. Nearly 400 CEOs responded to the survey, […]

Movers & Shakers: CEO Changes at Promises, Children’s Harbor; NABH Adds Policy Director

Promises chairman named interim CEO Rob Waggener, the chairman of Nashville, Tennessee-based mental health and SUD treatment provider Promises Behavioral Health, has been named the company’s interim CEO. Waggener will retain his chair post as he temporarily takes the helm of Promises, which operates 10 facilities in Florida, Massachusetts, Pennsylvania, Texas and its home state […]

Medicaid Expansion Leads to Spike in Number of People Receiving SUD Treatment

The expansion of Medicaid has allowed thousands to receive treatment for substance use disorder (SUD), a new study shows. States that chose to expand Medicaid following the enactment of the Affordable Care Act (ACA) have seen significantly more low-income adults seek treatment for SUD than states that did not. In fact, in four years, expansion […]

Acadia’s Growth Plans Include 30 Possible Partnerships, 600 New Beds

Acadia Healthcare (Nasdaq: ACHC) has its eyes set on growth, with plans to add about 600 beds across new and existing facilities in 2020 and a “robust pipeline of approximately 30 projects” on the partnership front. Even the sale of Acadia’s UK business, expected for later this year, ties in, as it could eventually help […]

CannonDesign Improving Behavioral Health Care Delivery With Architecture

America’s behavioral health care system often comes second to medical care in the eyes of payers, the government and even patients themselves. That inequality can lead to shortfalls in behavioral health care delivery — including in terms of the facilities where services are offered. Criticisms range from a lack of beds to certain providers being […]