This May, Cara McNulty posted on LinkedIn that she was stepping down as president of behavioral health and mental well-being at CVS Health (NYSE: CVS). She wrote warmly of her five-year tenure at CVS, calling it the “experience and honor of a lifetime” while praising company CEO Karen Lynch as “a leader of leaders.” But […]
BasePoint Academy is a father-son business whose start was inspired by a family tragedy. Twelve years ago, Brittany Serpa, the sister of BasePoint’s CEO Blake Serpa, and daughter of company chairman Roy Serpa, completed suicide after struggling as a teen with bipolar disorder. Then in 2019, Roy Serpa, a longtime health care executive, began to […]
Pinnacle pegs chief medical officer, chief clinician Chris Dennis has been appointed the new chief medical officer of Pinnacle Treatment Centers. Carin Kottraba was also tapped as Pinnacle’s chief clinical officer, the company announced Friday. Dennis joins the substance use disorder provider from Optum, where he served as chief behavioral officer. Pinnacle credited Dennis with […]
Fifteen years ago, Justin Funches left private equity firm Ironwood Capital to become president of LEARN Behavioral, a Baltimore-based business that treats people diagnosed with autism. In the ensuing decade, Learn Behavioral experienced three changes in ownership, each involving a different private equity company. Milestone Partners bought LEARN Behavioral in 2010, followed by LLR Partners […]
The number of U.S. children diagnosed with autism has dramatically increased to one child out of every 36, according to a Centers for Disease Control study published last year. That’s nearly double the amount of diagnoses a decade prior. Meanwhile, most commercial insurance and Medicaid health plans must cover at least some autism treatments, and […]
When Peter Loeb co-founded Lionrock Recovery in 2010, the business of treating substance use disorders (SUDs) was very different. SUDs were stigmatized as taboo addictions, drug laws were stricter and models like Lion Rock charging clients for telehealth visits had not started. At the same time, there were fewer acute problems around SUDs – the […]
Stephanie Strong founded Boulder Care in 2017 with an ambitious goal: build a profitable substance use disorder (SUD) treatment business that would also accept Medicaid patients, many caught up in the opioid epidemic. Strong’s timing proved auspicious. Over a year later, a new federal law came into effect requiring states to cover federally approved opioid […]
The number of U.S. fatal drug overdoses has more than doubled in the past eight years, with about 110,000 such deaths in 2022, according to the National Institutes of Health. The leading cause of death, by far, is fentanyl, which has gone from prescription pain reliever to a synthetic opioid furtively smuggled into the country, […]
For years, the Lewis & Clark Community Counseling Center in Portland, Oregon, had helped a small group of patients dealing with gambling addiction. “We could offer someone an appointment the same or next business day,” Frankie DiFerdinando, director of Lewis & Clark’s problem gambling service, told Addiction Treatment Business. Then came the gambling apps, which […]
Eric Frieman’s brother is an Army infantry officer deployed twice into combat zones, who lost more of his soldiers to suicide and behavioral health-related challenges than combat. Frieman’s own best friend died from a drug overdose. In these instances, Frieman told Addiction Treatment Business that he saw people “not able to get the help that […]
Sign up
Receive industry updates and breaking news from Behavioral Health Business