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 […]
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 […]
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 […]
CareTrust REIT (Nasdaq: CTRE) is continuing to look for new partners and grow in the behavioral health space. “The behavioral health asset class not only provides us with a new tool for finding a higher and better use for our own underperforming assets, but it also opens up a high-demand undersupplied investment opportunity for growth,” […]
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 (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 […]
The pandemic and other factors have contributed to worsening mental health conditions for a number of Americans since the beginning of 2020, but particularly so for young people. There is a growing consensus that youth mental health – more than ever – is a serious issue, as an estimated 31% of American parents have children […]
Talkiatry fills leadership roles with new hires Virtual behavioral health provider Talkiatry has added to its leadership team with two new hires. Adam Bunke joins New York-based Talkiatry as its head of design. Bunke comes to the company from Philips, where he was a design director and creative strategist for the global conglomerate. Bunke has […]
The fight against substance use disorder (SUD) in America, at times, seems to be a neverending one. Massive on an economic scale, it is estimated that SUDs cost the nation $600 billion annually. Then, of course, is the emotional and public health toll of the epidemic, measured routinely in numbers published by organizations like the […]
Spero Health opens doors to two new locations Substance use disorder (SUD) treatment provider Spero Health has expanded its footprint with two new locations in Ohio and Virginia. Spero’s Ohio clinic is located in Akron, in the eastern part of the city, and offers in-person and telehealth services. The clinic accepts most commercial insurances as […]
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