Acadia Healthcare Diversifies With More Step-Down Options

While Acadia Healthcare (Nasdaq: ACHC) is best known for its inpatient behavioral health facilities, the company is looking to diversify with more step-down services. Specifically, the organization is boosting its intensive outpatient programs (IOPs) and partial hospitalization programs (PHPs). These services are often used as a step-down from traditional inpatient care and a step-up from […]

LifeStance Installs New CMO; Pelago Names Chief Scientific Officer

LifeStance Health names Quartet, Teladoc veteran as CMO LifeStance Health (NASDAQ: LFST) appointed Ujjwal Ramtekkar as chief medical officer. Ramtekkar is charged with maintaining high-quality, personalized care. “Dr. Ramtekkar is an experienced physician executive with a demonstrated track record of driving exceptional patient and clinical outcomes,” Ken Burdick, chairman and CEO of LifeStance, said in […]

Employee Wellness Services May Not Be ‘Beneficial For Workers At All’

Most US employers say they are prioritizing improving their employees’ mental health. Popular interventions like partnering with companies that promise resilience training and mindfulness practices may not help employees as much as advertised. A new study published in the Industrial Relations Journal found that employee wellness initiatives lead to no reliable difference in mental well-being. […]

SUD Provider Eleanor Names Sevita Vet William McKinney CEO

Substance use disorder provider Eleanor has named Sevita vet William McKinney its new CEO.  In McKinney’s previous role as CEO of home and community IDD provider Sevita, he led a team of 45,000 employees that served 55,000 individuals. His resume also includes tenure as president of Integrated Care Group for Fresenius Medical Care and vice […]

Teladoc to Grow BetterHelp Mental Health Platform Via B2B Expansion

Teladoc Health (NYSE: TDOC) is continuing to grow its virtual mental health platform, BetterHelp, by focusing on the B2B market.  BetterHelp has grown from about $100 million to $1 billion in revenue in the last three years, according to Teladoc CEO Jason Gorevic at the 42nd Annual J.P. Morgan Healthcare Conference. To accelerate growth, Teladoc […]

Accanto Health Names American Addiction Centers Vet CEO; Center for Discovery Hires New CEO

Accanto Health recruits new CEO Eating disorder company Accanto named behavioral health veteran Tom Britton its new CEO. Britton is tasked with driving growth and improving accessibility of treatment at Accanto. “As the awareness of eating disorders and the need for quality, compassionate care continues to grow, it’s vital to have our next leader be […]

6 Under-the-Radar Stories of 2023: LifeStance Scales Back, Feds Push to Deregulate Methadone

While 2023 unfolded at a dizzying pace, significant news in the behavioral health space may have escaped notice. This brief overview revisits several overlooked stories, offering valuable insights from a year marked by pivotal moments and promising trends. These overlooked stories represent meaningful developments in crucial industry narratives, serving as hidden gems and emblems of […]

Mental Health Executive Forecast: New Business Models, AI and Value-Based Care to Define Industry in 2024

The mental health industry is pivoting after the market’s rapid expansion related to COVID-era telehealth and increased demand for behavioral health services. Mental health providers are now seeking new methods of care, including AI-enabled tools, to improve existing mental health treatment frameworks, industry insiders told Behavioral Health Business. Mental health companies are also seeking new […]

BHCOE Appoints New CEO; Former Optum Behavioral Health CEO Joins .406 Ventures

The Behavioral Health Center of Excellence’s founder passes CEO torch The Behavioral Health Centers of Excellence (BHCOE), an autism treatment accreditation body, named Anya Perea, the company’s president, its new CEO. Perea, who was educated and previously worked as a social worker, served as vice president of integrations at Refresh Mental Health before joining BHCOE. […]