‘In Marriage, You Can Get Divorced’: The Hidden Complexities of Selling a Behavioral Health Business

Finding a buyer for your behavioral health company is similar to marriage, except there’s more commitment. “It’s not like marriage, because in marriage, you can get divorced, and in this, I think, it might be a little messy,” said Sam Himelstein, the co-founder and CEO of Family Spring, a mental health treatment company based in […]

Build, Lease or Buy: Behavioral Health Providers Debate Best AI Strategies

Behavioral health providers are increasingly using artificial intelligence (AI) to improve efficiency, personalize treatment pathways and produce outcomes. How best to develop an AI-enabled technology stack remains unclear, however. While leasing AI technology from vendors is a relatively easy path to keep up with the digital Joneses, providers with more specialized needs or those looking […]

Investors Still Betting Big on Behavioral Health Despite Government’s Scrutiny of Private Equity

Every story is better with a villain. In the eyes of the federal government, the behavioral health treatment industry’s villain is private equity. At least, that’s the impression of lenders and private equity investors. Despite this view, lenders and PE believe that increased scrutiny on private equity from the Federal Trade Commission and the Department […]

As Dealmaking Cools, Eating Disorder Treatment Providers Reassess

Eating disorder treatment providers say they face a slew of challenges, including how to attract patients and best differentiate themselves from their competitors. At a Behavioral Health Business INVEST panel in Dallas earlier in October, Abhilash Patel, CEO and co-founder of Within Health, and Thomas Britton, CEO of Accanto Health, spoke bluntly about an industry […]

What CARD Will and Won’t Do as It Looks Past Its First Year Post-Bankruptcy

Doreen Granpeesheh has spent the last year pruning out and grafting in strategies and plans at the Center for Autism & Related Disorders (CARD).  One thing for certain won’t be grafted back in: private equity. Granpeesheh and her business partner acquired the company she founded in 1990 through a bankruptcy proceeding in August 2023. During […]

Telehealth Is ‘Where the Puck Is Going’ in Youth Behavioral Health

Outpatient youth behavioral health services will likely continue to attract interest from venture capital, especially services that are enabled by telehealth and AI.  That was one takeaway from a panel regarding the future of youth behavioral health models, which was part of Behavioral Health Business’s INVEST conference held in Dallas. Jose Guerola, a principal at […]

Google Mental Health Director: AI Has the Ability to ‘Improve Some of the Intractable Problems’ in Behavioral Health

Artificial intelligence is quickly making its way into behavioral health care. Still, many in the field are cautious about adopting the technology in practice. Dr. Megan Jones Bell, the clinical director of consumer and mental health at Google and author of the recent JMIR on AI, noted that while there are many use cases for […]

As GLP-1s for Weight Loss Become More Common, Providers Question Their Impact on Treating Eating Disorders

In 2021, Dr. Wendy Oliver-Pyatt co-founded Within Health, a company with headquarters in Miami that provides telehealth for patients with eating disorders. Oliver-Pyatt has spent several years as a psychiatrist addressing eating disorders, which many providers recognize as one of the most complex and difficult to treat psychiatric problems. In the last year, a new […]

5 Private Equity Firms Shaping the Future of Behavioral Health

It’s no secret private equity investment across the board has been sluggish, though that may soon change with 2025 shaping up to be a more bullish period for M&A. While interest in the behavioral health sector remains healthy, high interest rates and other factors had stalled dealmaking.  As the overall macro-economic landscape improves, many private […]

Behind the Glamour: Why Luxury Rehab Centers Have Lost Their Appeal

Tikvah Lake Recovery changed for the better when it “got rid of the 20 year olds on their phones,” according to Adam Nesenoff. Nesenoff has co-owed Tikvah Lake with his father, David Nesenoff, since 2016. It is a residential addiction treatment center in Sebring, Florida. More specifically, it is a self-described luxury rehabilitation center, charging […]