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, […]
Over a million emergency room (ER) visits are attributed annually to children and adolescents with a mental health disorder diagnosis. That’s according to a new study by the CDC, which builds on previous research demonstrating the worsening mental health crisis among children and adolescents. The emergency department has become the first response for immediate mental […]
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 majority of primary care clinicians say they want to provide more behavioral health care but need additional training tools and resources. This comes as more providers and payers emphasize the benefits of primary and behavioral health care integration. Nearly 40% of primary care providers (PCPs) are screening patients for behavioral health conditions, according to […]
State hospitals are on the rise. Several states are collectively putting billions into safety-net hospitals with ties to both the civil and justice systems. At the same time, the private sector struggles to convert demand for services into business opportunities. In the wake of Kennedy-era deinstitutionalization, public and private investment in psychiatric hospitals, which care […]
Health systems are seeing a steep increase in patients coming to emergency departments (EDs) for psychiatric conditions. However, the ED is often not the best place for patients in a psychiatric crisis. One major ramification of this increase is many of these patients can face a long wait time, causing a significant bottleneck in the […]
LifePoint opens new joint venture with Baystate Health Behavioral health operator Lifepoint Health and nonprofit health system Baystate Health have opened a new joint venture Valley Springs Behavioral Health Hospital. LifePoint operates the Massachusetts-based facility, offering inpatient behavioral health services for teens and adults. It will include 150 private and semi-private rooms, as well as […]
Sabra Healthcare REIT (Nasdaq: SBRA) boasts its most diversified portfolio as it continues to invest in behavioral health properties. While most of the Irvine, California-based real estate investment trust’s (REIT) assets are in the skilled nursing facility (SNF) and senior living spaces, behavioral health now makes up about 14% of its asset concentration. “Our portfolio […]
In the U.S., it can often take individuals months to get appropriate behavioral health care. As a result, emergency departments across the country are seeing a massive uptick in patients seeking these types of services. Some health systems – Intermountain Health, Geisinger Health and M Health Fairview among them – are combatting this issue by […]
Acadia Healthcare Company (Nasdaq: ACHC) is attributing recent revenue growth to favorable rate increases across service lines and decreasing wage inflation. This comes after a long stretch of workforce challenges and rising salaries. Those developments bode well for the behavioral health industry at large. “The labor environment continues to show signs of improvement, positioning the […]
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