Behavioral Health Deal Values Grew by 324% in 2024

Stakeholders in the behavioral health industry can expect dealmaking to accelerate into and throughout 2025. Behavioral health deals in 2024 – while decreased in quantity – already represented a significant increase in value over the previous year, according to a new PwC Health Research Institute report. The substantial sum of available corporate and private equity […]

Patients Want Mental Health Referrals from PCPs or Insurance – But Few Get Them

Nearly half of patients seek out mental health care from their primary care provider or their insurance network. Most of these patients are disappointed. While 47% of patients look for mental health providers through their insurance directories, only 17% find care that way, according to research from mental health patient-matching company Headway. Similarly, 35% of […]

Navigating Digital Behavioral Health’s Growing Pains: From Payer Partnerships to Employer Contracts

Once a rarity, digital behavioral health companies are now an established part of the industry’s ecosystem. However, as this subsector of behavioral health begins to mature, many startups face a number of growing pains, whether it is garnering enough investor dollars to stay afloat or developing contracting strategies with employers. I don’t see these hardships […]

Why Only 44% of Chronic Pain Patients Get Adequate Mental Health Support

More than 50 million Americans suffer from chronic pain. Behavioral health conditions, including mental health and substance use disorders (SUD), are highly prevalent among those with chronic pain. In fact, 56% of U.S. adults with chronic pain have clinically significant anxiety or depression symptoms. And yet, a “staggering” share of this group does not receive […]

Alsana Swiftly Replaces CEO with Former Chief Growth Officer

Eating disorder provider Alsana has tapped Jordan Watson as its new CEO, marking a rapid leadership transition less than a year after Allan Benham’s appointment to the role. Watson worked for Alsana from 2017 to 2022, most recently as the company’s chief growth officer. He has also worked for eating disorder provider Monte Nido and […]

SUD Treatment Provider BrightView Exits 2 States, Citing Challenging Operating Environments

Substance use disorder (SUD) treatment provider BrightView Health is shutting down its centers in two of the seven states it operates in. BrightView cited challenging operating environments in Massachusetts and Arizona as the reason for closing nine total facilities across the two states. “We have chosen to focus on states with operating environments that allow […]

Brian Thompson, UnitedHealthcare CEO, Fatally Shot in ‘Brazen, Targeted’ Attack 

An unknown suspect fatally shot the CEO of major health insurer UnitedHealthcare on Wednesday. Brian Thompson, who was named CEO of UnitedHealthcare in April 2021, was shot at approximately 6:40 a.m. outside of a hotel in Midtown Manhattan, according to an NYPD press conference. Law enforcement described the attack as “brazen, targeted” in the press […]

CMS to Limit Medicare Advantage Cost Sharing for Behavioral Health Services

The Centers for Medicare & Medicaid Services has prioritized equitable behavioral health care access, proposing a new rule to cap behavioral health costs for Medicare Advantage members. The proposed rule, scheduled to be published on Dec. 10, would require that Medicare Advantage in-network cost-sharing for mental health and substance use disorder (SUD) care not exceed […]