Exclusive: Nystrom & Associates Strikes Deal to Acquire 25 of Ellie Mental Health’s Clinics

Outpatient mental health provider Nystrom & Associates Ltd. is working through a deal to acquire Ellie Mental Health’s Minnesota clinics. While still pending regulatory review, the deal would move the 25 locations of Ellie Mental Health—Minnesota to Nystrom & Associates. This would deepen Nystrom’s footprint in Minnesota: 42 of its 59 locations listed on its […]

LifeStance Signals Digital Therapeutics, Specialty Service M&A on the Horizon

LifeStance Health Group (Nasdaq: LFST) is considering a disciplined approach to mergers and acquisitions for the remainder of 2025. Company leadership hinted at more tuck-in deals to expand its footprint in new markets. Other deal activity could involve acquisitions related to digital therapeutics or specialty services, according to LifeStance CEO Dave Bourdon. He noted during […]

Why Asking if AI Will Replace Therapists Misses the Point

This is an exclusive BHB+ story Artificial intelligence is getting pretty dang good at replicating its source materials. Outpatient mental health is no exception. We are at the point now with AI that its text-based products are indistinguishable from human-generated outputs. Researchers at Dartmouth College have given us two notable examples: A study released earlier […]

‘It’s Those Kinds of Things That Keep Me up at Night’: CCBHCs Face Uncertain Future With Federal Cuts Looming

The certified community behavioral health clinic (CCBHC) program is under threat. A menacing line in a draft budget document from the U.S. Health and Human Services Department that leaked last week slates CCBHCs under “Other Eliminations” within a long list of other “AHA Mental Health Eliminations.” However, the document did not state what exactly the […]

Acadia Healthcare Faces New Scrutiny Over Alleged Abuse at Shuttered Facility

More allegations of abuse and misconduct at an Acadia Healthcare (Nasdaq: ACHC) facility have surfaced in an investigation by The New York Times, which reports alleged instances of patient suicide and rape. The latest report comes just two months after Acadia Healthcare, one of the nation’s largest behavioral health providers, shuttered its troubled Timberline Knolls […]

CCBHCs on Chopping Block in Leaked White House Budget Docs

Leaked documents from the White House show that the Trump administration wants to do away with the certified community behavioral health centers (CCBHC) program entirely.  The White House is pushing to eliminate several mental health programs as it seeks also to create a new division within the U.S. Department of Health and Human Services (HHS) […]

New Federal Data Reveal Best and Worst Performing Psychiatric Hospitals

Psychiatric hospital data submitted to the U.S. Centers for Medicare & Medicaid Services (CMS) illustrate a vast range of care and procedural outcomes. They also show that even the best-performing hospitals have limits when striving for operational and clinical perfection. In other words, no psych hospitals are batting 1.000. Nonetheless, these and other data demonstrate […]

Advantage Behavioral Health Gets Boost from PE Firm Clearview Capital to Accelerate Growth

Clearview Capital announced Thursday that it invested in the outpatient behavioral health provider Advantage Behavioral Health. Terms of the deal were not disclosed. Clearview Capital partnered with the organization’s founders and management team to recapitalize Advantage Behavioral Health in a deal that closed April 1. The deal brings “an experienced partner” and the capital needed […]

DEA Special Registration Will be ‘Operationally Complex to Enact’

Hybrid behavioral health providers could be in a prime spot to help weather regulatory changes and enter the value-based care space. And having a brick-and-mortar presence could be a lifesaver for providers as the The U.S. Drug Enforcement Administration (DEA)’s stance on telehealth prescribing continues to fluctuate. Still, providers could face significant operational challenges regardless […]