Lawmakers introduced a bill to help schools apply for grants from the huge pot of money Congress had previously set aside for school mental health resources. Introduced on March 21, the Creating Access and Resources in Education (CARE) for Student Mental Health Act aims to boost the number of qualified entities that could apply for […]
Primary care and behavioral health provider Denova Collaborative Health is looking to expand its integrated care model beyond Arizona. Arizona ended its behavioral health benefits carve-out within its Medicaid program in 2018, instead requiring Medicaid plans to manage both benefits. This led to some of the plans supporting integrated services, enabling innovative care models. “We […]
Acadia Healthcare (Nasdaq: ACHC) is focused on value-based care as it invests in technology and expands its service lines. Franklin, Tennessee-based mental health operator Acadia has identified opportunities for growth in its outpatient, substance use disorder (SUD) treatment and step-down services, according to a presentation at the Raymond James Annual Institutional Investors Conference. It also […]
SUD provider Ideal Option opens high-capacity addiction clinic Kennewick, Washington-based Ideal Option opened a 4,000-square-foot “flagship” clinic primarily designed to provide buprenorphine-based medication-assisted treatment (MAT). The clinic was partly funded through the American Rescue Plan Act through the City of Great Falls, Montana. “The grant funding from the American Rescue Plan Act allows us to […]
While Acadia Healthcare (Nasdaq: ACHC) is best known for its inpatient behavioral health facilities, the company is looking to diversify with more step-down services. Specifically, the organization is boosting its intensive outpatient programs (IOPs) and partial hospitalization programs (PHPs). These services are often used as a step-down from traditional inpatient care and a step-up from […]
Lifestance Health Group Inc. (Nasdaq: LFST) will focus inward during 2024 to push toward profitability. The Scottsdale, Arizona-based outpatient mental health provider will continue to abstain from M&A activity, open fewer de novo clinics and juggle several business optimization efforts, executives said Wednesday on its year-end earnings call. “We have steadied the ship, but we […]
Beacon Behavioral Partners announced it will expand further into the Southeastern U.S. by acquiring nine new partner clinics. Latticework Capital-backed Beacon Behavioral Partners is a network of psychiatric practices. It has locations in Louisiana, Arkansas, Mississippi and Texas. Beacon’s partnership model offers physicians equity ownership in the company and clinical autonomy. The network offers to […]
Network management services organization Advantage Behavioral Health has announced its plans to expand into New York, California and Arizona in 2024. Advantage Behavioral Health is made up of two provider organizations, Harmony Bay and Victory Bay, which treat mental health conditions, eating disorders and substance use disorders. In addition to its provider organizations, it has […]
After a rocky 2023, mental health providers are considering new approaches to growth and sustainability. In the wake of the bursting venture funding bubble and cooling M&A market, providers are taking stock of their assets and looking for new revenue generation. Some providers have opted for new partnership opportunities with public entities, such as state […]
Toronto-based behavioral health provider Stella’s Place turned an outdated candy factory into a modern, welcoming facility for teens and young people to access mental health services. Stella’s Place offers outpatient behavioral health services to youth aged 16 to 29. It provides several drop-in services, including counseling, community programs and short-term individual counseling. Architecture firm Stantec […]
By continuing to use the site, you agree to the use of cookies. more information
The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.
