Mental health provider Thriveworks has acquired AI-powered behavioral health company Synchronous Health. The acquisition enables Thriveworks to expand its technology base and operate enterprise relationships with large partners, the company’s top executive told Behavioral Health Business. “There were two boxes that we wanted to check,” Thriveworks CEO Dan Frogel told BHB. “[Synchronous] stands for access […]
Category: Outpatient
Comprehensive care models are becoming a key focus for behavioral health providers. Workforce behavioral health provider Lyra is expanding its substance use disorder (SUD) offerings by launching treatment programs for cannabis, opioids, stimulants and nicotine. The company announced the expansion on Monday. “Oftentimes, [treatment options for SUD] lack integrated, evidence-based care that addresses mental health […]
Virtual pediatric behavioral health company Brightline has transformed its go-to-market strategy. The shift involves shutting down the company’s operations in 45 states, nixing its enterprise commercial functions and planning to create hybrid care models in five states. The change was also accompanied by significant layoffs announced on Tuesday. “It’s been a hard week for Brightline,” […]
For years, health systems have been teaming up with external providers to better serve the individuals entering and exiting their facilities. A prime example of this trend is post-acute care, with most of the nation’s large health systems now having robust home health and hospice strategies. To some degree, this trend hasn’t hit behavioral health […]
“Masking” or “camouflaging” are behaviors in which autistic individuals exhibit learned behaviors to hide traits that have been deemed different from the neuro-normative standard. These behaviors can greatly impede an autistic individual’s ability to self-regulate, feel confident and advocate for themselves, industry insiders told Autism Business News. They can also keep autistic people from diagnoses, […]
Lack of sleep can increase a person’s chance of developing hypertension, diabetes, heart attack and stroke. There’s an intrinsic link to mental health and well-being, too. Sleep loss and behavioral health conditions can lead to a feedback loop in which lack of sleep worsens behavioral health conditions, and behavioral health conditions lead to lack of […]
Behavioral health providers are increasingly expanding care continuums to include teenagers and meet the growing need for age-specific care. Virtual behavioral health provider Brightside Health is the latest to do so. Announced Tuesday, its expansion into care options for teens aims to address what Brad Kittredge, founder and CEO of Brightside, calls a “teen mental […]
Opioid treatment programs (OTPs) are the door to evidence-based medication for patients with opioid use disorder (OUD). Current regulations may not be strong enough to keep these facilities in compliance with requirements that prevent overpayment for services and ensure that patients receive the most appropriate treatment. An audit conducted by the Department of Health and […]
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] […]
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 […]
Sign up
Receive industry updates and breaking news from Behavioral Health Business