The Centers for Medicare & Medicaid Services (CMS) has approved section 1115 Medicaid demonstration waivers for Oklahoma and Maine. As a result, both states may now bypass the IMD exclusion for substance use disorder (SUD) patients. Plus, Oklahoma can also bypass the rule for patients with serious mental illness (SMI) and/or serious emotional disturbance (SED). […]
Category: Hospitals and Health Systems
Acadia Healthcare (Nasdaq: ACHC) has formed a joint venture with Henry Ford Health System to bring a new behavioral health hospital to the Detroit area. The pair announced the JV Wednesday. Headquartered in Franklin, Tennessee, Acadia bills itself as the nation’s largest standalone provider of behavioral health services. As of Sept. 30, it boasted 582 […]
The behavioral health care industry has long been fragmented and siloed. Rather than offer the continuum of care, most providers specialize in certain types of treatment delivered in a specific care setting. And there’s often little continuity between different levels of care. But the behavioral health care industry of the future will be more holistic, […]
Amid COVID-19, more children are going to the emergency room for mental health-related issues, according to a new report from the Centers for Disease Control and Prevention (CDC). For children ages 5 to 11, mental health-related visits were up 24% year-over-year for the period from March to October. Meanwhile, mental health ER visits for adolescents […]
In January, Universal Health Services (NYSE: UHS) will welcome its first new CEO in more than 40 years. Alan Miller has been at the helm of the company since he founded it back in 1979. Since then, he’s grown the business into one of the nation’s largest hospital management organizations, with 330 facilities across two […]
Despite the growing popularity of outpatient care within the behavioral health industry, Acadia Healthcare (Nasdaq: ACHC) remains bullish about the acute care setting. As Acadia’s largest services line, acute care accounts for about 47% of the behavioral health giant’s US revenue. And it seems demand and opportunities in the acute care space are only on […]
Monte Nido expands into second Southeastern state Monte Nido & Affiliates has opened a new residential eating disorder treatment center in Georgia. With the new facility, which is located just outside of Atlanta, the provider has planted its second flag in the Southeast. Malibu, California-based Monte Nido is a private equity-backed eating disorder treatment provider […]
Involuntary psychiatric detentions are on the rise, according to new research out of the University of California, Los Angeles. The study was published online Tuesday in the journal Psychiatric Services. It examines the rate at which people are held against their will for behavioral health examinations. While rules for these involuntary psychiatric detentions vary by […]
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