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 […]

Caron Aims to Avoid SUD ‘Whack-A-Mole’ with Integrated Approach, Specialty Programs

Caron Treatment Centers is doubling down on its differentiators: its specialty treatment programs and ever-growing medical expertise. Headquartered in Wernersville, Pennsylvania, Caron is a not-for-profit substance use disorder (SUD) treatment provider with more than 60 years of experience under its belt. It offers a variety of services in Pennsylvania, Florida, Philadelphia, Washington, D.C., Atlanta and […]

Headspace Exec Pushes Back on App Criticism, Touts 500% Spike in Employer Offering Interest

Mental health and mindfulness apps have boomed amid the pandemic, and Santa Monica, California-based Headspace is no exception. In June, the digital mindfulness and meditation company pulled in another $47.7 million in Series C funding. That’s on top of the $53 million it touted back in February, pushing its total Series C equity funding raised […]

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 […]

Ginger CEO Looks for Company’s Health Plan Business to Double — If Not Triple — by 2022

The coronavirus has wreaked havoc on many behavioral health providers’ business models — but not Ginger’s. In fact, the COVID-19 emergency has helped validate the San Francisco-based health and wellness startup’s strategy and accelerate its goals. Ginger is a virtual behavioral health care system that partners with employers, health plans and strategic partners to deliver […]

Hopebridge CCO Shares Aggressive Growth Algorithm, ‘Grow-Your-Own’ Staffing Model

Hopebridge Autism Therapy Centers, which is already one of the country’s largest autism treatment providers, is expanding its footprint even more in 2020. Indianapolis-based Hopebridge is a completely center-based provider of applied behavior analysis (ABA), diagnostics, occupational therapy and speech therapy. It serves children as young as 18 months and as old as 12 but […]

Sabra CEO Interested in Institutional Behavioral Opportunities, Not ‘Fancy Malibu Retreats’

Behavioral health deals could represent a large opportunity for Sabra Health Care REIT (Nasdaq: SBRA) in the future, according to CEO Rick Matros. Irvine, California-based Sabra is a real estate investment trust (REIT) with a portfolio of 429 properties across the United States and Canada. It has historically specialized in senior housing, skilled nursing and […]

Discovery Behavioral Health Sets Sights on Complementary Deals, Two New States

Last year was a busy one for transactions in the addiction treatment services market, with few in the industry as active as Discovery Behavioral Health (DBH), a portfolio company of Webster Equity Partners. Based in Los Alamitos, California, DBH is led by CEO John Peloquin, who helped strengthen the company’s already firm market foothold in […]

UHS Behavioral Health President ‘Willing to Lead Differently,’ Set New Collaboration Standard

As 2020 kicks off, so does the beginning of Matt Peterson’s first full calendar year with Universal Health Services (NYSE: UHS). Peterson joined the hospital management behemoth last September, when he was named president of the company’s behavioral health division and executive vice president of UHS as a whole. With a background in finance, managed […]