Rates of behavioral health conditions among children and adolescents have skyrocketed in the wake of the COVID-19 pandemic. But, finding appropriate care can be challenging for pediatric patients and their caregivers. Partnerships between pediatric behavioral health providers and primary care practices could be one way to improve care integration in the future. “Three out of […]
Category: Outpatient
Digital peer support startup Forum gets $5.3M in seed round The New York City-based startup Forum has created a digital peer support marketplace to help people through major life issues. These include addiction recovery, grief, relationship issues, career changes, chronic health conditions, loneliness and grief. NextView Ventures led the company’s $5.3 million seed round, with […]
While LifeStance Health (NASDAQ: LFST) has increased its revenue year over year, it is still taking a measured approach to growth. The provider continued its M&A pause in Q3. Instead, it is looking at de novo growth and organizing its assets–at least for now. “We’ve been very clear that we’re really going to hold off […]
Sabra Healthcare REIT (Nasdaq: SBRA) plans to take an incremental approach to growing its behavioral health portfolio. The Irvine, California-based real estate investment trust (REIT) has invested just over $800 million in the behavioral health space but finds opportunities to grow that business less frequently than its other segments, according to its Q3 earnings call. […]
Outpatient mental health finds itself in a tricky position. On the one hand, society holds these providers up as essential to facing the mental health crisis, and investors have poured billions into the space. On the other, it is increasingly encroached upon by newcomers, which have potent business advantages. To make matters worse, outpatient mental […]
The behavioral health market has exploded since the COVID-19 pandemic. Investors and provider organizations have paid premiums to grow their behavioral health footprint. But, industry insiders warn that the outpatient behavioral health industry is a tough business. The success stories in the space will likely be the companies keeping their operations tight and demonstrating improved […]
Havencrest Capital Management is doubling down on its Texas-based behavioral health efforts, announcing a new acquisition. Austin, Texas-based Deep Eddy Psychotherapy Management LLC acquired Dallas-based Dallas Counseling Treatment Center Management in August. The move is something of an exception to Havencrest’s de-novo-focused plan for Deep Eddy. But it fits well with the Dallas-based PE firm’s […]
When it comes to creating new behavioral health facilities, buying used may be a better bet than building new. Adaptive reuse conversions involve transforming buildings previously used for another purpose into behavioral health facilities. An increasing portion of the facilities adapted to behavioral health uses are skilled nursing facilities (SNF) or assisted living facilities. If […]
Pyramid Healthcare will undergo its first CEO change in its 25-year history at the beginning of 2024. Jonathan Wolf, who founded the company in 1999, will step into a board chair and advisory role. Jason Hendricks, the chief operating officer of Pyramid Healthcare, will succeed him. Sarah Deutchman, the company’s senior vice president of operations, […]
Behavioral Health integration can be challenging in the current health care ecosystem. Health care organizations must continue to drive awareness of integrated care models, or referrals to behavioral health services will drop even in settings where behavioral health services are a part of primary care, Andrew Bertagnolli, national director of virtual behavioral health services at […]