Investment in Behavioral Health Could Save $185B Annually

Better behavioral health care for Americans would not only produce better results for patients, but generate billions in savings annually, according to a recently released economic report from the global consulting firm McKinsey & Company. The report identified actions that public, private and social stakeholders could take to produce substantial savings in annual health care […]

Amid Brookdale Home Health Deal, HCA Healthcare Shows Interest in Behavioral Opportunities

HCA Healthcare (NYSE: HCA) — a publicly traded health system with national scale — could be in the market for behavioral health assets.  Headquartered in Nashville, HCA operates more than 2,000 care sites across 21 states and the United Kingdom. Those locations include surgery centers, freestanding ERs, urgent care centers, diagnostic and imaging centers, walk-in […]

Seaside Leverages Home-Based Medicaid Model, Sets Sights on Five-Fold Growth

Seaside Healthcare may not be one of the most well-known names in the behavioral health space, but the company is hard at work establishing a national presence for itself.  Founded in 2009, the Shreveport, Louisiana-based company’s roots go back several years and are intertwined with Hurricane Katrina. That’s when Franklin Roemer, who had been living […]

Pipeline: UHS Opens Two New Facilities; SUD, ABA Expansions

UHS co-opens two behavioral hospitals Universal Health Services (NYSE: UHS) has opened two new behavioral health hospitals as a result of recent partnerships. One of those is a new specialty facility in Clive, Iowa. Clive Behavioral Hospital is a partnership between UHS and Iowa-based health care provider MercyOne. The hospital spans 83,000 square feet and […]

Acadia CEO: UK Divestiture to Propel Domestic Growth in 2021 and Beyond

Acadia Healthcare (Nasdaq: ACHC) believes the sale of its United Kingdom operations has put the company in a favorable position for the future, leaders said Friday during the provider’s Q4 and year-end 2020 earnings call. Throughout the call, the company reiterated both its focus and financial commitment to strategic growth on the homefront. The Franklin, […]

UHS: Managed Care Pressures Eased During Pandemic, But Future Unclear

Last year was one of the toughest in recent history for behavioral health care providers, who dealt with unprecedented financial strain and sky-high demand. Despite those challenges, the industry also scored a number of important wins in 2020, from being granted several important regulatory flexibilities to finally being recognized as vitally important to the healthcare […]

Characteristics of Inpatient Psychiatric Care’s Highest Utilizers — And How to Tackle Them

Individuals who drop out of high school, who are diagnosed with schizophrenia or who have a co-occurring personality disorder are more likely to make frequent use of inpatient psychiatric services, according to the results of a new study published in the Journal of Health Care for the Poor and Underserved. For the study, researchers at […]

Transactions: Eating Disorder Treatment Providers Merge; New ABA Tech Deal

The Emily Program, Veritas Collaborative join forces Two eating disorder treatment providers are merging. St. Paul, Minnesota-based The Emily Program and Durham, North Carolina-based Veritas Collaborative have announced their intentions to merge operations, with the deal expected to close around the end of March. Terms of the transaction were not disclosed. The two companies have […]

SilverCloud Partners with Cerner EHR, Moves to Make Digital Mental Health Treatment Mainstream

SilverCloud Health recently teamed up with Cerner Corporation to give more people better access to on-demand, personalized mental health tools and treatment. As part of the partnership, SilverCloud will integrate its platform into Cerner’s electronic health record (EHR). The goal of the agreement is to scale mental health treatment, lower the cost of care and […]

Kindred Behavioral Health Doubles Number of Beds Under Its Management

Kindred Behavioral Health Services (KBHS) has doubled the number of beds under its management after reaching an agreement to oversee three behavioral health hospitals in Arizona and Nevada. The company announced the news Wednesday in a press release.   Founded in 2019, KBHS is the behavioral health arm of Louisville, Kentucky-based Kindred Healthcare, a specialty hospital […]