A behavioral health facility in California recently laid off 86 employees. Momentum For Health, a nonprofit mental health and substance use disorder treatment provider, cited impending permanent closures of three locations as the reason for the layoffs, according to WARN notices filed on Oct. 27. The layoffs will go into effect on Dec. 31. San […]
UnitedHealth Group (NYSE: UNH) continues to escalate its behavioral health business, tacking on tens of thousands of new behavioral clinicians in the last year. UnitedHealth added a whopping 45,000 behavioral health professionals to its network last year as the company continues to push towards integrated care delivery, building off increasing behavioral health utilization, according to […]
Psych Hub appoints new CEO Psych Hub, a Nashville, Tennessee-based mental health education startup, has appointed Scott Healy as its new CEO. Healy previously helped build Care.com, an online marketplace for child care, senior care and other family care services. Most recently, he was the general manager of health care ventures at Ascend Learning, a […]
Eleos Health has raised $40 million in its Series B round, giving the AI-focused startup a total of $68 million raised since its founding in 2020. The company uses AI to quantify therapy sessions, converting live audio into documentation and care quality tracking data. Menlo Park, California-based venture capital firm Menlo Ventures led the funding […]
Substance use disorder (SUD) treatment provider Bradford Health named behavioral health care vet Lisa Evans its new CEO. Evans has a decade of experience in the behavioral health field and previously served as chief operations officer at Alpharetta, Georgia-based behavioral health provider Perimeter Healthcare. She is tackling her new role at Bradford with a people-first […]
Growth in the behavioral health industry may look very different in 2024 than it has over the past few boom years. Gone are the days of growth for growth’s sake. Today, providers are prioritizing targeted de novo gains and keeping their balance sheets cash-flow positive. Industry headwinds, including high rates and ongoing labor shortages, have […]
Private equity-backed substance use disorder provider Pinnacle Treatment Centers has named Michael Lawler its next CEO. The provider says Lawler will be key to helping the organization expand its services. Lawler has worked in health care for more than three decades. Most recently, he served as the CEO of CHE Behavioral Health Services, a private […]
The behavioral health industry is going through a period of transformation. The demand for services is higher than ever, and payers and providers are looking to incorporate value-based care into their model. As one of the country’s largest mental health and SUD operators, Discovery Behavioral Health will help set the stage for the industry’s future. […]
Nonprofit giant Rogers Behavioral Health names new CEO Robergs Behavioral Health, an Oconomowoc, Wisconsin-based diversified behavioral health provider, is on its third CEO since the fall of 2022. On Aug. 18, the nonprofit announced that Cindy Meyer had been named CEO. She has had the role on an interim basis since May 2023. She stepped […]
There’s a big problem with measurement-based care in behavioral health that few are talking about: the fact that many clinicians are highly skeptical of payers. While most therapists use clinical assessments to care for patients, many are concerned about privacy and how health plans will use the data that’s shared with them. These attitudes come […]
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