Universal Health Services Inc. struggled to staff up its behavioral health business despite being willing to pay a premium as it grapples with the national health care staffing shortage. However, the King of Prussia, Pennsylvania-based acute care and behavioral health company simply can’t find enough workers to fully staff up to meet the demand that […]
About 32.2 million Teladoc Health Inc. members access its mental health telemedicine product making it the second most popular product in the Teladoc offering. In total, about 92 million people have access to Teladoc (NYSE: TDOC). Its most established product, its legacy telemedicine line, sees use from about 82% of its membership, according to a […]
St. Louis-based Centene Corp. (NYSE: CNC) has named former Magellan Health executive Jim Murray as its Chief Transformation Officer, the company announced Thursday. In the new role, Murray will lead the company’s Value Creation Office and the Centene Advanced Behavioral Health division and will report to Centene Board Vice-Chair Sarah London. Murray joins Centene following […]
An estimated 1 and 44 children nationwide have autism spectrum disorder (ASD), with diagnoses having climbed by 10% since 2014. The need for therapy — along with infusions of private equity capital — has facilitated the growth of a $2.1 billion domestic autism care market, in which a number of providers have scaled up their […]
The behavioral health industry has seen a large number of funding deals in 2021. Behavioral Health Business has put together a collection of the largest funding rounds in behavioral health to give you a better idea of who those companies are. Spring Health Hits $2B Valuation After New $190M Funding Round Behavioral health benefits company […]
Behavioral Health Business interviews the most exclusive C-suite executives in the behavioral health industry. We get insights from behavioral health leaders on the issues they’re facing. Here’s a look back at our favorite interviews. Inside KKR’s Newly Formed Behavioral Platform, Geode Health Behavioral Health Business connected with Geode Health CEO Gaurav Bhattacharyya to learn more […]
The fight against substance use disorder (SUD) in America, at times, seems to be a neverending one. Massive on an economic scale, it is estimated that SUDs cost the nation $600 billion annually. Then, of course, is the emotional and public health toll of the epidemic, measured routinely in numbers published by organizations like the […]
Brightline seeks to be the first digital pediatric behavioral health provider to serve the entire family, in part by establishing Autism Spectrum Disorder services in early 2022. Executives with the Palo Alto, California-based startup tell Behavioral Health Business that the inspiration for the new line of business came from the parents of children seeking other […]
Since the beginning of 2021, Sacramento, California-based Mindpath Health has been making a play towards becoming a behavioral health provider with a national reach. After a year of building its profile through de novos and facility purchases, the company has more expansion plans on the horizon for 2022. This May, the company established a foothold […]
Nearly two years of brutal workforce pressures have led Universal Health Services Inc. (NYSE: UHS) to restructure its behavioral health patient care models to be less reliant on registered nurses. UHS CFO Steve Filton said the King of Prussia, Pennsylvania-based acute care and behavioral care company is finding state regulators receptive as it seeks clearance […]
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