Earlier this year, the city commission of Stuart, Florida, said “no” to a zoning variance requested by Behavioral Health Centers LLC, which sought to repurpose an existing building into a mental health and substance use disorder (SUD) center. The commission, and residents of the Florida Treasure Coast town, feared that the clinic’s patients would cause […]
Finding a buyer for your behavioral health company is similar to marriage, except there’s more commitment. “It’s not like marriage, because in marriage, you can get divorced, and in this, I think, it might be a little messy,” said Sam Himelstein, the co-founder and CEO of Family Spring, a mental health treatment company based in […]
Another substance use disorder (SUD) treatment provider is reporting that its measurement-based care model is working for at-risk patients. Crossroads Treatment Center released a white paper Tuesday showing that, after a year in treatment, patients in its measurement-based care program are less likely to get the urge to use substances moving forward. Patients also reported […]
Digital behavioral health platform CredibleMind has raised $7.5 million in a Series A funding round, the company announced Tuesday. The financing round was led by Horizon Mutual Holdings, which is part of Horizon Foundations for New Jersey. “CredibleMind has pioneered an accessible, smarter entry point for members seeking mental health and wellbeing support,” Suzanne Kunis, […]
Adam Nesenoff is convinced that luxury rehabilitation centers, the amenity-filled facilities to treat addiction, are a terrific investment. The problem is convincing others. “Banks are struggling to find what we rely upon,” said Nesenoff, who, with his father, David Nesenoff, founded Behavioral Health Acquisitions in 2023 as a vehicle to put money into luxury rehab […]
Eating disorder treatment providers say they face a slew of challenges, including how to attract patients and best differentiate themselves from their competitors. At a Behavioral Health Business INVEST panel in Dallas earlier in October, Abhilash Patel, CEO and co-founder of Within Health, and Thomas Britton, CEO of Accanto Health, spoke bluntly about an industry […]
A Florida federal court ruling issued last month could lead to a “massive sea change” in what lawsuits can be brought against behavioral health companies. That is the interpretation of Gregory Jones, a principal at the law firm Polsinelli’s Los Angeles office, who represents health care companies, including in False Claims Act (FCA) cases. FCA […]
Children born during the pandemic are not more likely to show signs of autism, according to a study released last month in JAMA. Additionally, the study found that “opposite to our hypothesis” the children of mothers infected with COVID were less likely to show traits of autism. Study authors Morgan Firestein, Angela Manessis and Jennifer […]
Companies that treat opioid use disorder could commend themselves last month when the federal government reported overdose deaths were down nearly 11% for the first eight months of 2024, marking the second-straight year of decline. “It’s fantastic news,” Jason Kletter, president of BayMark Health Services, told Addiction Treatment Business. “It’s something to celebrate.” But the […]
One of California’s largest opioid treatment providers (OTP) is taking advantage of a landmark change in federal rules. Pinnacle Treatment Centers announced Monday that they will begin prescribing opioid use disorder (OUD) patients methadone via audio-visual telehealth sessions in the state of California. “Expanding access to methadone by allowing patients to initiate treatment via telehealth […]
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