Senate Finance Committee Releases Excoriating Investigation of Abuse in At-Risk Youth Industry

After years of facing criticism for wrongdoing and mistreatment of patients, the at-risk youth industry was blasted in a report released on Wednesday by the U.S. Senate Finance Committee. The report and communications from the committee chairman, Sen. Ron Wyden (D-Ore.), conclude that systemic harm and abuse are “routine” parts of the at-risk youth industry. […]

UHS Sells 80-Bed Psychiatric Facility to Texas-Based Operator

Universal Health Services (NYSE: UHS) plans to sell River Crest Hospital, a San Angelo, Texas-based facility, to Shannon Health System, a healthcare provider based in the same city. The parties did not disclose the terms of the deal. The move expands the nonprofit Shannon Health System’s behavioral health division. Presently, Shannon operates a 22-bed inpatient […]

Is Venture Capital Ready for Brick-and-Mortar Behavioral Health Investment? 

Private equity has long dominated in-person behavioral health investment. But some venture capital investors, who entered the behavioral health market by backing digital providers, have now moved into hybrid business models that include both telehealth and in-person elements. For example, GV, formerly Google Ventures, recently invested in hybrid outpatient provider Guidelight. Despite the higher working […]

How LifeStance Is Prepping for Potential Telehealth Regulation Changes, Installing Collaborative Care Models

Collaborative care has gained significant traction in the behavioral health industry since its inception in the early 2000s. The care model, which integrates physical and behavioral health care services, is set to become the gold standard, according to Dr. Ujjwal Ramtekkar, chief medical officer of LifeStance Health. LifeStance is increasingly implementing collaborative care across its […]

Proposed Bill Seeks to Increase Veterans’ Access to Marriage and Family Counseling Services

Lawmakers have introduced a new bill to Congress that would make it easier for veterans and their families to see Licensed Marriage and Family Therapists (LMFTs) through the U.S. Department of Veterans Affairs (VA). Currently, the VA can hire LMFTs who are licensed through specific programs, including the Commission on Accreditation for Marriage and Family […]

The Next Chapter for Mental Health Coverage and Business Models

All was relatively quiet on the behavioral health front for publicly traded companies in Q1, reflecting the typically sleepy nature of the first quarter for those seeking to wrap up old initiatives and start new ones. Don’t get me wrong: It’s not like nothing happened or there isn’t anything worth pondering. Quite the opposite, in […]

Why Acadia Healthcare Is Expanding Eating Disorder Treatment as Competitors Scale Back

Amid a slew of closures and layoffs in the eating disorder market, behavioral health provider Acadia Healthcare (Nasdaq: ACHC) is expanding its eating disorder programming. Acadia is furthering its reach into trauma-focused treatment and wrap-around care, leadership told Behavioral Health Business. The provider also recently launched an eating disorder awareness campaign and plans to add […]

Biden Administration Adds 10 New States to CCBHC Medicaid Demonstration Program

The Biden administration has announced that it is expanding the Certified Community Behavioral Health Clinic (CCBHC) Medicaid demonstration program to 10 new states. The CCBHC Medicaid program offers community-based behavioral health intervention programs. Prior to the announcement, 8 states were in the CCBHC Medicaid demonstration program. People experiencing a mental health or substance use disorder […]

Payers Reimburse Behavioral Health Hospital Services At 34% Below Costs

Behavioral health underpayments are among the highest across hospital services, highlighting the financial drag health systems face when providing these services. Across all payers, inpatient behavioral health services are reimbursed at an average of 34.3% less than the cost to provide them. Behavioral health services effectively tie inpatient nephrology in terms of underpayment. On average, […]

Optum Acquired Refresh Mental Health, CARE Counseling To Attack Wait Times

Optum acquired outpatient mental health providers Refresh Mental Health and CARE Counseling in a bid to cut wait times. Top brass at Optum’s parent organization, the health care behemoth UnitedHealth Group (NYSE:UNH), explained that Optum is prioritizing providing health plans with comprehensive, timely services that can be offered under value-based care contracts. Optum is the […]