This is an exclusive BHB+ story Interest in establishing new intensive outpatient programs (IOPs) to fill the gap between the therapist’s office and facility-based care has never been higher. But for all of the clinical and strategic benefits that come with increasing intermediate levels of care, it also comes with a key, if not somewhat […]
Editor’s note (Feb. 13, 2025): This story was updated after publishing with additional details. Embark Behavioral Health plans to expand its service offerings, increasing the severity of conditions it can treat and adding technology support. The Chandler, Arizona-based youth and family behavioral health provider said on Feb. 11 that it would roll out an integrative […]
Bradford Health Services Announces New $25M, 100-Bed Facility A Bradford Health Services-owned behavioral health and substance use disorder (SUD) treatment provider has broken ground on a new facility in Southaven, Mississippi. Woodland Recovery Center, also based in Southaven, announced its plans for a $25 million new facility at the end of January. Bradford Health Services […]
Employers are increasingly seeking out behavioral health benefits to improve employee care and save on long-term health costs. Providers have, in turn, stepped up to expand employer offerings. These employer offerings have meaningful returns, according to new research published in JAMA Network Open. Researchers found that employers saved $190 in overall medical claims cost for […]
Not-for-profit behavioral health care provider Rogers Behavioral Health and for-profit workforce mental health provider Lyra Health have forged an alliance. The collaboration, announced Tuesday, gives Lyra access to Rogers’ health plan networks while allowing Rogers to scale its virtual services using Lyra’s national footprint. For Rogers and Lyra executives, the most important aspect of the […]
Fostering successful pilots with health plans is critical for digital mental health startups. These relationships can promise significant promise for providers and payers, but a negative outcome can mean wasted time and resources. While risk is an inherent part of a trial run for a digital mental health provider, both health care companies and payers […]
Virtual opioid use disorder (OUD) treatment provider Bicycle Health has achieved profitability after abandoning its “growth at all costs” mindset and streamlining its business model. The company is now set for long-term, disciplined growth, including acquiring other providers, founder and CEO Ankit Gupta told Addiction Treatment Business. Bicycle will use funds from a new $16.5 […]
Erin Pash, founder and CEO of Ellie Mental Health, is stepping down from that role and into the role of chairwoman for the Ellie board of directors. The Mendota Heights, Minnesota-based mental health provider will be led by long-time revenue cycle management executive Michael DiMarco. The company announced the transition to staffers on Jan. 28. […]
Substance use disorder (SUD) treatment provider Meridian Behavioral Health has acquired Gateway Recovery Center, adding a crucial element to its continuum of care. Gateway provides medical detoxification, a service for which Meridian previously had to refer patients elsewhere. The acquisition is also part of Meridian’s strategic growth plan, which CEO Lewis Zeidner estimates will involve […]
Private equity firm Optimal Investment Group has invested in substance use disorder (SUD) treatment provider Recovery Dynamics. Recovery Dynamics plans to use the strategic investment to grow its service lines and embark on an “ambitious expansion plan.” “Our investment reflects our confidence in the company’s vision and operational expertise, and we are committed to providing […]
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