Sabra Health Care REIT (Nasdaq: SBRA) is less enthusiastic about doing deals in the behavioral health space. Leaders of the Tustin, California-based health care real estate investment trust (REIT) said they no longer see the same opportunity to diversify portions of their portfolio to behavioral health uses. The company has also identified few prospective behavioral […]
Earlier this year, the city commission of Stuart, Florida, said “no” to a zoning variance requested by Behavioral Health Centers LLC, which sought to repurpose an existing building into a mental health and substance use disorder (SUD) center. The commission, and residents of the Florida Treasure Coast town, feared that the clinic’s patients would cause […]
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 […]
The substance use disorder (SUD) treatment industry was formerly dotted by small, local providers. In the future, these mom-and-pop providers may go the way of cottage businesses during the Industrial Revolution. To be clear, SUD treatment has not yet been completely limited to assembly lines. Small providers still abound. At the recent Behavioral Health Business […]
Biotech firm MARAbio has raised $19 million in a Series A funding round to accelerate the launch of its blood test for detecting maternal autoantibody-related (MAR) autism. The Salt Lake City, Utah-based biotech company plans to use the funds to bring its proprietary blood testing technology to market. MAR autism is linked to specific patterns […]
Many of the fastest-growing behavioral health companies in the U.S. believe their recent eye-popping revenue growth is sustainable. Going a step further, some even see it as all but guaranteed. These companies, identified by the 2024 Inc. 5000 list, are enabled, in part, by the specific segment of behavioral health they operate in and their […]
For years, health systems have been teaming up with external providers to better serve the individuals entering and exiting their facilities. A prime example of this trend is post-acute care, with most of the nation’s large health systems now having robust home health and hospice strategies. To some degree, this trend hasn’t hit behavioral health […]
The behavioral health industry presents real estate investors with a compelling opportunity compared to more traditional facility portfolio operators. But it comes with a trade-off. On one hand, some behavioral health facilities will hit their break-even point with just 50% to 60% occupancy. On the other hand, they are much less predictable businesses with shorter […]
Outpatient mental health providers made up the bulk of behavioral health companies that appeared on this year’s Inc. 5000, a list of the nation’s fastest-growing companies. Of the 40 companies that Behavioral Health Business identified, 24 exclusively focused on providing mental health services in various formats and with a wide variety of specializations. Two other […]
Patient-matching platform Headway is in the midst of closing a $100 million funding round, boosting its valuation to $2.3 billion, reports say. Spark Capital led the round, according to Bloomberg. Headway’s new valuation is roughly double what it was a year prior. Headway’s existing investors include Thrive Capital, Accel, Andreessen Horowitz and Global Founders Capital. […]
