The nation’s behavioral health industry keeps growing, with current estimates pegging it to be worth $90 billion. And for those on the frontline advocating for the industry, it is an especially busy time. Like everyone else, the ongoing – and seemingly neverending – pandemic remains front-and-center in the consciousness of behavioral health leaders, as they […]
Access to behavioral health services is a major issue, as more than a third of Americans live in areas lacking providers. Yet a significant problem also has to do with how those services are provided to consumers. Changing that will help drive the next generation of payment for behavioral health services, industry insiders believe. “The […]
Behavioral health technology company Rethink First is reportedly being prepped for sale and could fetch a price as high as $1.5 billion, according to a report from Axios Pro. K1 Investment Management – which holds a strategic investment in the autism care tech company – is looking for a buyer and the process is being […]
Among the litany of concerns that continue to offer no relief for behavioral health providers is that of workforce shortages. It is estimated that over a third of the country lives in areas with behavioral health provider shortages. In the absence of a unified industry strategy to tackle the problem, some like addiction treatment provider […]
Addiction treatment provider BayMark Health Services is expanding again via acquisition, as its affiliate AppleGate Recovery has purchased Indianapolis-based Lucina Treatment Centers. Established in 2016, Lucina operates five clinics for opioid use disorder (OUD) treatment throughout central and northeastern Indiana, which includes two locations in its Indianapolis homebase as well as three facilities in Kokomo, […]
In a Congressional bipartisan show of support against opioid use disorder (OUD), Sens. Edward Markey of Massachusetts and Rand Paul of Kentucky introduced a bill Thursday to revise regulations on methadone in order to provide more treatment access to the drug. The Opioid Treatment Access Act takes up legislation that was introduced in the House […]
Investment firm SBJ Capital has announced that it has completed a partnership arrangement with Ally Pediatric Therapy, a Paradise Valley, Arizona-based provider of speech and autism therapies to children and young adults. Ally operates six locations in the greater Phoenix area for youth with speech, communication and feeding challenges. Ally provides speech language therapy and […]
As health care continues to move more in the direction of value-based care, there is seemingly increased recognition among providers that either they get on board with the transition to measurement-based outcomes for patients or get left behind. Scourges like the pandemic and the substance use disorder epidemic have resulted in a surge in demand […]
Nationwide provider Foresight Mental Health has purchased Psychiatric Addictive Curative Therapies (PACT) Atlanta LLC, a multidisciplinary mental health practice that is based in Decatur, Georgia. PACT operates 14 clinics in the Atlanta area, with its care teams consisting of psychiatrists, psychologists, nurse practitioners, physician assistants, licensed practical counselors and social workers. PACT provides behavioral therapies […]
The pandemic and other factors have contributed to worsening mental health conditions for a number of Americans since the beginning of 2020, but particularly so for young people. There is a growing consensus that youth mental health – more than ever – is a serious issue, as an estimated 31% of American parents have children […]
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