Legacy Acute Behavioral Health Care Provider UHS Explores Outpatient Market

The outpatient behavioral health space has been a hotspot for investment activity and dealmaking. But now legacy providers are beginning to eye the space as a potential for expansion. Universal Health Services (NYSE: UHS) is best known for its acute inpatient behavioral health services. While the provider has a history of outpatient facilities, the bulk […]

69% of Eating Disorder Patients Seek Care for Mental Health Concerns

Eating disorders commonly overlap with mental health issues. New research shows that patients are acutely aware of the need to treat both concerns. One of the top motivating factors for people with eating disorders to seek treatment is concern over mental health, according to new data from digital eating disorder treatment provider Equip. Sixty-nine percent […]

Digital Mental Health Startups Face Profitability Pressure as Investor Landscape Shifts

This is an exclusive BHB+ story Digital behavioral health startups experienced a tsunami of investor interest from 2020 to 2022. Founders now face a tough funding environment when growing their companies. As competition for funding dollars has increased, some say the pressure to become profitable as a new digital behavioral health startup is higher than […]

Virtual Primary Care Provider LifeMD Enters Behavioral Health Market

Virtual primary care provider LifeMD (Nasdaq: LFMD) has branched into the behavioral health industry and tapped a behavioral health executive with decades of experience to lead the expansion. New York City-based LifeMD announced Monday that it launched teletherapy, psychiatry and medication management services. It named Julian Cohen its senior vice president of behavioral health and […]

Nonprofit Devereux Advanced Behavioral Health Acquires IDD Provider Strawberry Fields 

Nonprofit behavioral health provider Devereux Advanced Behavioral Health has acquired Strawberry Fields, a nonprofit provider of mental health, autism and intellectual disability care. Strawberry Fields will continue to operate as an independent legal entity but will have access to the larger organization’s systems and clinical model as an affiliate of Devereux. The acquisition will enable […]

Landmark Recovery Faces Fresh Scrutiny After a Patient Died at the Hands of Another Patient

Police documents show that a patient allegedly killed another patient at a Landmark Recovery facility in Louisville, Kentucky. The death adds another troubling entry to the company’s litany of bad news. The Nashville, Tennessee-based addiction treatment facility operator has self-reported the incident to Kentucky regulators and the Joint Commission, Matt Boyle, CEO and founder of […]