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 […]
Behavioral health dealmaking will likely pick up in 2024 but initial public offerings (IPOs) may be noticeably absent. The private market — especially private equity investors and their platforms — has more than enough capital and motivation to do deals, making this year a compelling time for exits and trades. Still, experts tell Behavioral Health […]
A handful of organizations, like the Adult Autism Center in Murray, Utah, are leading the charge to help adults with autism receive services after age 21. When students with autism or developmental disabilities turn 22 years of age, they are no longer eligible for special education services provided by their state. Young people often receive […]
Want to read more content like this? Subscribe to Autism Business News today! Navigating the health care system can be challenging for families of children with autism. On top of the challenges the condition itself brings, going through the multiple administrative hoops and many specialist appointments adds further distress. UNIFI Autism Care, a new Carmel, […]
In case you missed it, Behavioral Health Business has launched a new specialty publication for professionals in the substance use disorder space. You can subscribe to Addiction Treatment Business here: Subscribe today! The behavioral health industry continues its shift away from adolescent wilderness therapy programs as payers opt for other care models and the segment grapples […]
In case you missed it, Behavioral Health Business has launched a new specialty publication for professionals in the substance use disorder space. You can subscribe to Addiction Treatment Business here: Subscribe today! A “pocket penguin” tells you that you are loved, cherished and cared for. This isn’t a child’s TV show, it’s a mental health […]
As the domestic capital market for behavioral health companies tightens, foreign investment presents a timely new financing opportunity. Specifically, the EB-5 investment visa program, which incentivizes foreign investors to pour capital into American businesses, could be a new avenue for providers. High-interest rates and high-profile stumbles in the behavioral health space have significantly slowed investment […]
After a rocky 2023, mental health providers are considering new approaches to growth and sustainability. In the wake of the bursting venture funding bubble and cooling M&A market, providers are taking stock of their assets and looking for new revenue generation. Some providers have opted for new partnership opportunities with public entities, such as state […]
The merger of the Pennsylvania-based nonprofits Merakey and Elwyn — which would have created a $1 billion-revenue organization — has been called off. While the two nonprofits declined to answer questions about why the tie-up didn’t materialize, a C-suite executive of Merakey told Behavioral Health Business that “both organizations mutually agreed to walk away from […]
Residential eating disorder treatment facilities are becoming somewhat of an endangered species. Over the last few months, the industry has seen a string of closures. Patients and payers have increasingly opted for virtual care models, shrinking the pool of patients residential treatment centers could serve in the first place. That pool was small to begin […]
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