Acadia forms JV with Geisinger Acadia Healthcare (Nasdaq: ACHC) has formed a joint venture (JV) with Danville, Pennsylvania-based Geisinger Health System to build two new inpatient behavioral health facilities. The companies are putting a combined total of about $80 million toward the projects. The first of the two facilities will open next year in Moosic, […]
Category: Residential
A bipartisan group of U.S. senators has introduced legislation to increase the amount of federal funding aimed at combating the nation’s opioid epidemic, which has worsened since the onset of the coronavirus pandemic. On top of that, the new bill aims to make some COVID-19-era telehealth flexibilities permanent, among other changes. The legislation — the […]
Despite the fact that eating disorders are one of the most deadly behavioral health conditions, treatment providers in the space rarely get the policy and payer support they need. Just ask Joel Jahraus. By day, he is the chief medical officer at Monte Nido & Affiliates, a Miami-based eating disorder treatment provider that offers inpatient […]
Odyssey Behavioral Healthcare’s new executive director Odyssey Behavioral Healthcare has promoted Steven Rudoy to the position of executive director of its Clearview Treatment Programs brand. A licensed clinical psychologist, Rudoy has been with Clearview since 2017 as its clinical director. Founded in 2015, Brentwood, Tennessee-based Odyssey operates over 20 behavioral health locations across eight states, […]
BayMark Health Services acquires MAT provider Medication-assisted treatment (MAT) provider BayMark Health Services has announced that it has purchased Washington, D.C.-based Partners in Drug Abuse Rehabilitation Counseling (PIDARC). Terms of the transaction were not disclosed. PIDARC provides medication assisted treatment services (MAT) like methadone to patients with opioid use disorder (OUD). It also offers substance […]
Hazelden Betty Ford grows virtual care footprint The Hazelden Betty Ford Foundation, the nation’s largest nonprofit addiction treatment provider, has announced it is bringing its telehealth services to Missouri residents who have commercial insurance, no matter where they live in the state. The services are part of Hazelden Betty Ford’s RecoveryGo tool, which provides telehealth […]
Telebehavioral health services have become vital amid the pandemic, with social distancing recommendations prompting behavioral health providers to take things virtual. However, telebehavioral health has been a focal point for Array Behavioral Care for more than two decades. Founded in 1999, Mt. Laurel, New Jersey-based Array partners with health care providers and payers to deliver […]
LifeStance Health creates, fills new C-Suite position LifeStance Health, a private equity-backed outpatient behavioral health provider, has named Felicia Gorcyca as its first chief people officer. Gorcyca comes to LifeStance Health from TPG Capital — a Dallas-based private equity company that backs LifeStance alongside Summit Partners and Silversmith Capital Partners — where she was an […]
Promises Behavioral Health opens new facility in Texas Promises Behavioral Health has opened its latest facility, an addiction and mental health treatment center in Texas. Located in College Station, Promises Brazos Valley spans over 50,000 square feet and provides addiction and mental health treatment services to adults and college students. College Station is home to […]
Behavioral health providers have long struggled with low reimbursement rates and slim margins, and the coronavirus only compounded those problems. As a result, a large number of American mental health and addiction treatment organizations could be forced to shut their doors if they don’t get more federal relief, the National Council for Behavioral Health found […]
Sign up
Receive industry updates and breaking news from Behavioral Health Business