Acadia Healthcare Eyes PHP, IOP Growth

Outpatient behavioral health could be a new growth avenue for behavioral health giant Acadia Healthcare (Nasdaq: ACHC).  The operator, which has a substantial footprint in inpatient mental health care and comprehensive treatment centers (CTCs) for addiction treatment, is now turning its attention to partial hospitalization programs (PHPs) and intensive outpatient programs (IOPs). Both PHPs and […]

Concert Health, AIMS Center Team Up on Collaborative Care Agreement for SMI Populations

Virtual telepsychiatry provider Concert Health has teamed up with the Advancing Integrated Mental Health Solutions (AIMS) Center at the University of Washington on a new collaborative care program. The three-year partnership will focus on providing collaborative care for patients with complex psychiatric disorders, specifically identifying patients with bipolar disorder and post-traumatic stress disorder (PTSD). Collaborative […]

The Collaborative Care Model Could Help Reduce the Total Cost of Patient Care

The collaborative care model (CoCM), which integrates physical and behavioral health services, may help reduce the total cost of patient care. That’s according to a new report from the Bowman Family Foundation, which zeroed in on research published by University of Washington (IMPACT) and the University of Pennsylvania/Independence Blue Cross (Penn/IBC) and Kaiser Permanente. “While […]

‘There’s No Question’ Buyers Want In On the Outpatient Mental Health Space Post-CARE Counseling-Optum Deal

Optum owned Refresh Mental Health’s acquisition of outpatient mental health provider CARE Counseling was a bright spot in a slow dealmaking environment. Still, the transaction may provide insights into the near future of outpatient mental health M&A. The tie-up illustrates that interest in outpatient mental health dealmaking is still strong. It also shows that Refresh […]

LifeStance COO Resigns, Company Optimistic About Federal Noncompete Ban 

LifeStance Health Group Inc. (Nasdaq: LFST) faces the challenge of finding a successor for a departing top executive.  Danish Qureshi, president and chief operating officer of LifeStance, announced his resignation on the company’s first-quarter earnings call.  “For me, now is the right time to step away and take on my next challenge,” Qureshi said on […]

Cigna Upbeat on New Behavioral Unit Despite Falling Patient Numbers

Cigna (NYSE: CI) has continued to expand its behavioral health segment, and the investment is paying off. Evernorth, Cigna’s health service division, launched a new behavioral health group earlier this year focusing on measurement- and value-based care. According to Cigna’s CEO David Cordani, the new behavioral health group has already started to deliver positive results. […]

‘If They Can’t Figure It Out, Who Can?’: Walmart Health’s Failure Exposes Hurdles in Retail Primary, Behavioral Care

After five years of operation, Walmart (NYSE: WMT) has decided to close its health centers and virtual care program. The retail giant determined that Walmart Health, which included a variety of behavioral health programs, did not have a “sustainable business model for us to continue.” The news could signal more considerable challenges ahead for retailers […]

Investors Put $15M Bet on SMI-Focused Startup Amae Health

Los Angeles-based Amae Health announced Thursday the close of a $15 million Series A round. The less-than two-year-old-startup seeks to unify disparate parts of the health care system that treat those with serious mental illness (SMI). It offers behavioral health, physical health and supportive services. “Our mission at Amae Health is to provide lifelong, adaptive […]

Elevance Health Boosts Behavioral Health Biz with $740M State Contracts

Elevance Health Inc. (NYSE: ELV) is placing a “large focus” on its behavioral health business, inking two massive state contracts worth up to $740 million in Q1 of 2024. Carelon, Elevance’s health care services arm, is off to a “strong start” this year, buoyed by major behavioral health contracts with the states of Maryland and […]

The Case for Palliative Psychiatric Treatment

Palliative approaches to psychiatric care may be happening informally nationwide and beyond, despite not being an officially recognized specialty. Palliative care prioritizes alleviating suffering rather than improving a psychiatric condition. Familiarizing behavioral health clinicians with the concept of “palliative psychiatry” and its focus on improving the quality of life for those with severe, treatment-resistant conditions […]