Universal Health Services (NYSE: UHS) is looking to get its behavioral health margins back to pre-COVID times. Reductions in labor costs, enhanced productivity and a bump in patient volume are among the factors that will support that goal, according to Steve Filton, the company’s chief financial officer. “We had originally set a target for [2024] […]
Category: Outpatient
After a year and a half of scale-backs and tempered growth, LifeStance Health (Nasdaq: LFST) is planning a return to M&A. The target for that comeback: 2026. LifeStance is still completing processes designed to improve efficiency, David Bourdon, the company’s chief financial officer, said at the 22nd Annual Morgan Stanley Healthcare Conference on Wednesday. Along […]
Transcranial magnetic stimulation (TMS) is becoming a more viable option for the treatment of depression in youth and adults, providing hope for those with treatment-resistant depression. Of the roughly 22 million American adults who experienced a major depressive episode in 2023, about 30% have treatment-resistant depression, meaning that multiple medications have failed to alleviate their […]
Austin, Texas-based ABA Connect has doubled its facilities in the last two years by acquiring two other applied behavior analysis (ABA) companies. The autism therapy provider has now unified its brands, ABA Connect, Bright Behavior and ABA Therapy of Houston, under the name BrightPath Behavior, and is forging a course for organizational growth. “Brand awareness […]
The behavioral health industry is constantly seeking to bolster its clinician supply to meet raging levels of unmet mental health needs. Access to care could improve significantly if more providers offered group therapy. Group therapy is a rare behavioral health modality that promises benefits under both value-based care and fee-for-service reimbursement models, largely due to […]
Psychiatrists are in high demand and low supply across the country. For Medicaid beneficiaries, the chances of patients successfully making an appointment proved even lower. A “secret shopper” study published in JAMA found that less than 18% of clinicians listed as in-network for Medicaid answered requests for appointments, accepted Medicaid and could provide a new […]
Neuronetics (Nasdaq: STIM), a provider of transcranial magnetic stimulation (TMS), has acquired competitor Greenbrook TMS. Neuronetics purchased all of Greenbrook’s outstanding common shares in an all-stock transaction. The deal comes months after Greenbrook was delisted from the Nasdaq Stock Market LLC. “Beyond the strategic benefits, we believe this acquisition will help create a more attractive […]
Industry insiders anticipate that health care private equity deal activity will increase in the second half of 2024. In the behavioral health sector, sluggish deal flow could be picking up. Several notable transactions have crossed the finish line as investors increasingly focus on outpatient care rather than full continuum care, according to a new report […]
Building a new substance use disorder (SUD) facility can significantly improve a community’s access to much-needed behavioral health care. However, stigma and misconceptions can lead to significant local backlash. For SUD providers, neighborhood pushback can lead to lengthy, expensive legal and regulatory processes. Restrictive zoning policies paired with a lack of community support can prevent […]
Anorexia nervosa has among the highest mortality rates of any psychiatric disorder. This trend is leading some behavioral health providers to strengthen collaborations with hospices in an effort to improve quality outcomes. Research shows that more than 5% of patients die within four years of a diagnosis from a variety of medical causes. Clinicians and […]
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