Pipeline: Monte Nido & Affiliates Entering New State; LifeStance Health Expands in Two Markets

Monte Nido & Affiliates to enter Georgia  Monte Nido & Affiliates — a PE-backed eating disorder treatment provider — has announced that it is entering the state of Georgia, where it will add two programs. Headquartered in Malibu, California, Monte Nido offers the continuum of eating recovery services, from residential to day treatment. It is […]

NYU Langone, MindMed Launch Psychedelic Medicine Training Program with Behavioral Focus

Psychedelic medicine biotech company MindMed and NYU Langone Health have partnered to launch a new research training program for psychedelic therapies and medicines, with a special focus on behavioral health. Based in New York City, NYU Langone Health is an academic medical center affiliated with New York University. It has long been a pioneer in […]

Pipeline: New SUD Treatment Centers; Autism Therapy Providers Deepen Footprint

Spero Health expands in Ohio Spero Health has opened two new outpatient substance use disorder (SUD) treatment clinics in Ohio. The new clinics in Lima and Marion further bolster the provider’s network of more than 40 Spero Health locations across Kentucky, Ohio, Tennessee, Indiana and Virginia. Headquartered in Nashville, Spero Health is privately held by […]

UHS Opens New Behavioral Health Hospital

Universal Health Services (NYSE: UHS) has opened its latest behavioral health facility.  Canyon Creek Behavioral Health — a 102-bed psychiatric hospital in Temple, Texas — will start serving adults this fall. From there, it will continue to phase in additional units and service offerings through 2021, when it will become fully operational. Eventually, the facility […]

How COVID-19 Flexibilities Will Strengthen Hopebridge Autism Therapy Centers Long-Term

Like most behavioral health providers, Hopebridge Autism Therapy Centers expected 2020 to pan out differently. The coronavirus threw a wrench in many of the Indianapolis-based company’s plans, forcing it to scale back its growth goals and temporarily close all of its locations. On a more positive, equally unexpected note, 2020 also prompted Hopebridge to roll […]

Pipeline: Hopebridge Continues Expansion; RCA’s New Facilities

Hopebridge announces six new centers  Hopebridge Autism Therapy Centers will open six new locations in the Denver, Colorado area, starting in October. All of the autism therapy centers will be open by February 2021. Indianapolis-based Hopebridge — which is backed by Arsenal Capital Partners, a private equity (PE) firm based in New York City —  […]

Behavioral Health Partners Help SSM Health Pioneer Unique Urgent Care Model

Every year, about $8.3 billion is wasted on unnecessary emergency department (ED) visits. The majority of that — $4.6 billion — is attributable to ED use for behavioral health conditions. On top of being expensive, EDs can’t always treat mental illnesses and substance use disorders (SUD) properly. However, patients are often forced to seek care […]

Pipeline: Construction Begins on $357M Psych Hospital; New MAT, ABA Centers

Construction starts on $357 million psych hospital Crews have started construction on a $357 million psychiatric facility in Texas, according to the San Antonio Express-News. The site, which will have 300 beds and private rooms for all patients, will eventually serve as a replacement for the San Antonio State Hospital. It’s expected to open in […]

Amid Growth, Pinnacle CEO Pushes for Methadone MAT Flexibilities

The last five months have been hard for behavioral health providers to weather, with many being forced to cut back services as a result of COVID-19-related financial strain. Some are even facing the risk of closure. Then there’s Pinnacle Treatment Centers, which has actually been expanding. Pinnacle is one of the largest substance use disorder […]