A newly introduced bill proposes to stack funds to improve substance use disorder (SUD) treatment for older adults. The bill, called “The Preventing and Treating Substance Use Disorders Among Older Adults Act,” would establish a system of grants for entities that help provide addiction treatment for older adults. “Despite being more susceptible to developing substance […]
Digital mental health startup Seven Starling has raised $12.6 million in funding and is seeking an additional $1.7 million to complete the round, according to an SEC filing. New York City-based Seven Starling provides virtual mental health services to women on the parenthood journey. Its offerings include therapy, peer support and medication as needed. The […]
Digital substance use disorder (SUD) provider Boulder Care has raised $35 million in a Series C round, bringing the company’s total raise to roughly $85 million. Boulder plans to use the funds to deepen its presence in existing markets, expand into new markets, build out its clinical team and continue fostering partnerships, Boulder CEO Stephanie […]
Eating disorders have among the highest mortality rates of any psychiatric illness and remission rates among patients with eating disorders are, by some estimates, as low as 29%. New treatment modalities are urgently needed to improve outcomes, especially for people with severe and enduring eating disorders, industry insiders told Behavioral Health Business. Despite this, funding […]
Behavioral health-related issues, including suicide deaths and drug overdoses, are the leading cause of pregnancy-related deaths in the U.S., accounting for over 22% of these losses. A new piece of legislation is on the table to help mitigate these statistics. The legislation, called “the Mental Health and Making Access More Affordable (MAMA) Act,” would require […]
New research shows mental health insurance claims have continued to rise after the peak impact of the COVID-19 pandemic. Mental health claims soared by 83% from 2019 to 2023 and continued to rise post-pandemic, increasing 11% from 2022 to 2023, according to a report from LexisNexis Risk Solutions. The demand for virtual mental health services […]
Three southeastern substance use disorder (SUD) treatment providers have merged to form Tulip Hill Healthcare. The merger consolidates Tennessee-based Tulip Hill Recovery with two Kentucky-based SUD treatment centers, Louisville Addiction Center and Lexington Addiction Center. The move positions Tulip Hill for future growth, with Tulip Hill executives planning to open three new facilities in the […]
Legislators recently introduced the “Comprehensive Addiction Resources Emergency (CARE) Act,” aimed at combating the substance use epidemic. The $125 billion bill would direct the Department of Health and Human Services (HSS) to establish treatment standards, programs and grants to address substance use disorders (SUDs), including opioids and stimulants, over the next decade. “The CARE Act […]
Involving families in substance use treatment has long been considered beneficial, but the substance use disorder industry’s oncoming shift to value-based care may make them indispensable. Family programming can decrease the chances of relapse and provide a common language for family members to communicate about addiction, but most payers do not cover these services. Still, […]
LifeStance Health Group Inc. (Nasdaq: LFST) faces the challenge of finding a successor for a departing top executive. Danish Qureshi, president and chief operating officer of LifeStance, announced his resignation on the company’s first-quarter earnings call. “For me, now is the right time to step away and take on my next challenge,” Qureshi said on […]
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