This is an exclusive BHB+ story Reimbursement is a struggle for many subsectors of the health care industry, and the substance use disorder (SUD) treatment industry is no exception. For providers, negotiating service rates with payers is a perennial struggle – but some services are worth providing even without payment. Alumni services, programming offered to […]
This is an exclusive BHB+ story Several larger behavioral health providers have inked partnerships with public entities as a way to expand access to care and seal valuable deals. These partnerships, worth tens of millions of dollars a year, are highly competitive, sources told Behavioral Health Business. While mutually beneficial, signing a high-profile deal with […]
The financial market thrives on stability. However, the Trump administration’s hazy approach to Medicaid and tariffs could deny that predictability and potentially stall behavioral health dealmaking. In 2024, the behavioral health deals outperformed the number of overall health care deals, according to Steve Garbon, managing director at Braff Group. Analysts have predicted that conditions are […]
Twenty-eight million adults in the U.S. have alcohol use disorder (AUD), and the life-threatening condition particularly impacts Medicaid populations. Despite the existence of evidence-based medications for AUD, less than half of all Medicaid managed care plans cover all types of medications for AUD, according to a new study published in JAMA Network Open. “The results […]
This is an exclusive BHB+ story Venture capital investors inherently take on risk when backing a new behavioral health company. Sometimes, that risk pays off in dividends. Other times, not so much. Deciding when an investment is no longer worthwhile is a difficult decision, investors told Behavioral Health Business. Investors want to avoid losing their […]
AdvocateMH, the behavioral health triage company founded by the ex-CEO of troubled mental health provider Cerebral, has raised $6.2 million. The company was seeking a total of $8 million, according to publicly available documents. Brookline, Massachusetts-based AdvocateMH will focus on behavioral health triage through partnerships with health systems, payers and providers. “We help individuals navigate […]
The Trump administration’s drastic government workforce cuts may impact the substance use disorder (SUD) industry, and lawmakers are pushing back. The Substance Abuse and Mental Health Services Administration (SAMHSA), the federal organization that regulates and funds several aspects of the behavioral health industry, has already experienced a workforce cut – and may be facing far […]
Wysa, an AI-powered mental health chatbot company, has acquired April Health, a behavioral health company that partners with primary care providers. The acquisition expands Wysa’s behavioral health offerings to include both human and AI options. It also allows the company to overcome the challenge of getting reimbursed for its services, Ramakant Vempati, co-founder and president […]
This is an exclusive BHB+ story Often hailed as a miracle drug, GLP-1 medications have been used to treat everything from diabetes to substance use disorders. But now an unlikely group of providers might be incorporating these medications into care. Eating disorder providers are exploring their potential to help patients with binge eating and bulimia […]
Substance use disorder (SUD) treatment provider Ark Behavioral Health is permanently closing one of its locations and laying off facility staff, according to publicly available documents. Ark cited “unanticipated and unprecedented decline” in patient census, the company’s inability to renegotiate its lease, get a credit extension or otherwise raise money as reasons for closing the […]
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