How Value-Based Care Could Transform Serious Mental Illness Treatment

It’s no secret that patients with serious mental illnesses (SMIs) are costly to care for and have significantly worse outcomes than their peers. But value-based care models could enable providers to get creative in caring for these patients, leading to better outcomes and lower costs. Specifically, the value-focused model could allow providers to use wrap-around […]

Acadia CEO: More Tech Will Pump Up Referrals, Entice Payers

Acadia Healthcare Company Inc.’s (Nasdaq: ACHC) technology could lead to better integration across its business lines. This, in turn, could translate into added value for the company in two key ways, according to CEO Chris Hunter. Those areas are better internal referral practices and stronger negotiating positions with payers, including value-based care considerations.  “Less than […]

As Behavioral Health Valuations Dip, Acadia Plans Expansion into Under-Bedded Markets

Acadia Healthcare Company Inc. (Nasdaq: ACHC) is eyeing further M&A activity and de novo expansion in 2023. With the former, the behavioral health provider anticipates taking advantage of falling valuations as well. Generally, the Tennessee-based Acadia is doubling down on its five-pillar growth strategy. In addition to M&A and de novos, the strategy includes facility […]

Consonance Capital Partners Acquires Majority Stake in Youth-Focused Embark Behavioral Health

Youth behavioral health provider Embark Behavioral Health has received a significant investment from the private equity firm Consonance Capital Partners. As part of the deal, Consonance Capital Partners took a controlling stake in the company. The new capital will set Embark Behavioral Health up for an ambitious growth strategy, multiple sources familiar with the investment […]

Why REITs Could Be the ‘Knight in Shining Armor’ for Behavioral Health Investors, Operators

Partnering with real estate investment trusts (REITs) could be a major opportunity for certain behavioral health operators. That’s the case Sabra Health Care REIT (Nasdaq: SBRA) Chief Investment Officer Talya Nevo-Hacohen made during a panel chat at Behavioral Health Business event INVEST. Specifically, sponsor-backed operators that are dependent on a facility could be a good […]

Nursing Home Operators Increasingly Investing in Mental Health, OUD Services

Magnified by visitation restrictions and other challenges, seniors had some of the highest rates of behavioral health conditions during the COVID-19 pandemic. And while the public health emergency has become more manageable, many of those difficulties continue. Yet seniors often don’t have access to behavioral health care, particularly those in skilled nursing facilities (SNFs). This […]

Sabra Sees Big Opportunity for Behavioral Health, Finding Sophisticated Providers With Scalable Platforms is a Challenge

Real estate investment trust Sabra Health Care REIT (Nasdaq: SBRA) is prioritizing behavioral health as it continues its strategy to diversify revenue, Sabra CEO Mark Rick Matros said during the company’s Q1 earnings call. The company, which also has existing assets in the skilled nursing facility and senior living space, said that it is looking […]

Discovery Behavioral Health Launches Integrated Outpatient Division and Executive Team

Discovery Behavioral Health (DBH) is rolling out a new integrated division that combines traditional, telehealth and specialized outpatient services to treat depression and substance use disorders (SUDs). DiscoveryMD is the fourth division of Los Alamitos, California-based DBH, which operates over 130 centers in 13 states for mental health, SUD and eating disorder treatment. DiscoveryMD will […]