Medication-assisted treatment (MAT) has increasingly become the gold standard for treating opioid use disorder (OUD). However, the industry has a long way to go in developing more therapies to better support patients with OUD. OUD treatment provider Groups Recover Together leverages MAT and group therapy to promote members’ recovery through in-person or virtual care models. […]
Many behavioral health providers, including Lyra Health, Pyramid and Recovery Centers of America, boast that they offer “evidence-based” care. Evidence-based care typically means that clinicians have been trained in research-backed practices, but there is no consensus in the industry. Thus, the term “evidence-based” may be as helpful in determining quality of care as the “natural” […]
People with substance use disorders (SUDs) are more likely to have co-occurring disorders, including mental health conditions and physical illnesses. With that in mind, residential SUD treatment providers are stepping up to offer more comprehensive treatment. Operators are weaving services like psychiatry and eating disorder treatment into residential offerings to provide the necessary breadth of […]
Dating slang is helping behavioral health professionals describe a troubling evolution in payer relations. Payer ghosting. In dating, someone “ghosts” another person when they abruptly stop communicating despite previous interest. In this context, payer ghosting occurs when payers stonewall providers on claim reimbursement. This can be a trickier challenge for providers than the typical payer […]
Parity will likely be the defining regulatory issue of 2024 as the behavioral health industry braces for the impact of the Biden administration’s to-be-finalized rule. Still, there is plenty to sort out with just 44 days left in 2023. This includes other pending regulatory issues that could be addressed before the end of the year. […]
Distressed assets in behavioral health are more likely to come to market in 2024, according to several dealmaking professionals. This is bad news for buyers who acquired assets at the top of the market three to five years ago. Multiples are down from atmospheric highs, leaving it unlikely that investors will make exits at their […]
When it comes to creating new behavioral health facilities, buying used may be a better bet than building new. Adaptive reuse conversions involve transforming buildings previously used for another purpose into behavioral health facilities. An increasing portion of the facilities adapted to behavioral health uses are skilled nursing facilities (SNF) or assisted living facilities. If […]
Pyramid Healthcare will undergo its first CEO change in its 25-year history at the beginning of 2024. Jonathan Wolf, who founded the company in 1999, will step into a board chair and advisory role. Jason Hendricks, the chief operating officer of Pyramid Healthcare, will succeed him. Sarah Deutchman, the company’s senior vice president of operations, […]
The emergency department is often the first point of care for patients experiencing a behavioral health crisis. However, a trip to the ED is expensive for patients and payers and often isn’t the most appropriate place for patients. New models of behavioral health urgent care have begun to emerge. These models don’t replace EDs but […]
The Center for Autism and Related Disorders’ (CARD) bankruptcy was bad news for investors placing big bets in the autism therapy space. But there are upsides for the company. CARD’s new owners, Doreen Granpeeseh and Sangam Pant get a clean slate at the scaled autism therapy company. And it’s a company with which they are […]
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