Expanding numbers of nurse practitioners have filled the void left by the declining influence of physicians involved in behavioral health care. However, the rise of nurse practitioners has not totally offset downward trends among physicians in terms of the general mental health workforce or in terms of national medication-assisted treatment (MAT) capacity, according to two […]
Remote patient monitoring (RPM) and similar technologies may help behavioral health operators track patients outside of a provider’s office. These vital data are key to a number of increasingly present market trends that have to do with bringing more data and greater objectivity to the practice of behavioral health. For example, the slow but inexorable […]
The picture around the mental health provider shortage has come into focus with the formation of a new national database. Researchers with the George Washington University released a comprehensive national database of all primary care providers, behavioral health specialists and other physician specialists that prescribed more than 11 behavioral health medications in 2020. The researchers […]
Autism and disability services software provider CentralReach has seen rapid growth of the past year, largely due to the changing needs of its provider partners and macro-level trends. The success of the Fort Lauderdale, Florida-based company additionally demonstrates the potential of billing and administrative tools to help behavioral health operators address the market challenges, especially […]
The New York City-based nonprofit Project Healthy Minds is looking to leverage celebrity and business leader influence to make it easier for new patients to enter the behavioral health market. Project Healthy Minds, founded in 2017, aims to tear down the three barriers that keep people with behavioral health conditions from seeking care. These are […]
Electronic health record (EHR) adoption has skyrocketed in the last decade for the medical community. Yet behavioral health operators have been left behind. In fact, only about 6% of behavioral health providers are using EHR systems. Whereas, more than 80% of hospitals use the technology, also referred to as electronic medical records (EMR). The lack […]
LifeStance Health Group Inc. (Nasdaq: LFST) will continue to invest heavily into clinician recruitment and retention in the second half of 2022. Such efforts have already helped clinician retention stabilize, according to company leadership. Specifically, the behavioral health operator will continue to fund recruitment teams in an effort to propel organic hiring momentum into 2023. […]
The conversation around outcomes data for behavioral health is decades old. But new advancements in data collection and interest in value-based care is bringing outcomes to the forefront. “Clinical outcomes are difficult in all of health care,” Dr. Ravi Shah, chief medical officer of Geode Health, told Behavioral Health Business. “I think it’s especially difficult […]
Nearly every financial portfolio is showing signs of a bear market. Yet the possible downturn could be a ripe setting for mental health startups with a solid value proposition. The larger economic climate has begun to impact the behavioral health sector, with venture investment in digital mental health startups on the decline. However, this financial […]
Addiction treatment provider Spero Health has plans to grow at breakneck speed. This year, the Brentwood, Tennessee-based provider will open 24 new clinics. And it will open at least 24 additional clinics next year – if not more, according to Spero CEO Steve Priest. The provider has big plans to expand into new states, services […]
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