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 […]
Venture capital-backed Foresight Mental Health nearly ran out of cash, forcing it to cut roughly 20% of its workforce and hire a new CEO to turn the company around. The Berkeley, California-based outpatient mental health provider will have laid off 200 employees in two rounds by Sept. 9. The company, which once made big promises […]
Several large autism service providers in the U.S. are undergoing a wave of layoffs and closures. Notably, applied behavior analysis (ABA) therapy services providers 360 Behavioral Health and The Center for Autism & Related Disorders (CARD) have collectively reduced their staff by the hundreds. Yet, these are not the only ABA providers considering layoffs. Social […]
UnitedHealth Group Inc. (NYSE: UNH) continues to explore new ways of engaging with vulnerable populations while transitioning to value-based care. Over the next few years, much of that exploration will focus on behavioral health. That’s according to UnitedHealth Group CEO Andrew Witty, who touched on the Minnetonka, Minnesota-based health care giant’s behavioral health ambitions on […]
Roughly one in five older adults experiences a mental health condition, according to the National Poll on Healthy Aging. As a result, more providers are recognizing behavioral health as part of their overall health care strategies Senior-focused provider network WellMed is among the companies that have made behavioral health a priority. The San Antonio, Texas-based […]
Facility-based behavioral health operators may be better positioned to cope with changing telehealth regulations than their virtual-only peers. That’s because facility operators who use telehealth have the required building blocks to apply in-person treatment or telehealth as needs arise. In contrast, virtual-only companies must find other ways to partner or integrate with facility operators, according […]
Kristine Bashore has worn a lot of hats at Caron: HR professional, marketing officer and administrative officer. A self-proclaimed “utility player,” the former HR professional is now stepping into the role of chief operating officer at Caron. During her more than 20-year tenure at the substance use disorder (SUD) treatment provider, Bashore has certainly seen […]
Approximately 130 million Americans live in 5,900 regions designated as having a mental health clinician shortage. New data from the Kaiser Family Foundation shed light on the disparity in mental health clinician shortage between states. At a national level, the United States would require about 6,600 new mental health practitioners to meet the demand in […]
AbleTo vet Trip Hofer is stepping into a new role as CEO of OptumHealth’s Behavioral Health Solutions. Hofer comes to this position after serving as digital mental health company AbleTo’s CEO for four years. During Hofer’s tenure at AbleTo, Optum purchased the startup for roughly $470 million. Hofer’s new role, which was first spotted by […]
Jeff Pritchard started at the bottom of the ladder in addiction treatment. In the early 1990s, he worked as a behavioral health technician in Terra Alta, West Virginia — population: 1,713. Today, he’s the new chief operating officer for Oceans Healthcare LLC, a fast-growing Plano, Texas-based psychiatric and addiction treatment provider. He started the role […]
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