Coronavirus Concerns Shake Up Behavioral Health Industry, Could Boost Demand for Services

This week has been a rough one for U.S. stocks, with the S&P 500 halting trading twice and the Dow Jones Industrial Average experiencing its worst drop since 1987. Concerns over the coronavirus, or COVID-19, were largely to blame.  The market’s drop took behavioral health stocks down with it, with Universal Health Services (NYSE: UHS) […]

Digital Apps Can Help Yield Better Outcomes for Eating Disorder Patients

Patients recovering from eating disorders may benefit when traditional treatment is supplemented with the use of apps, a new study reports. The results, which were published by the American Journal of Psychiatry, could be of interest to eating disorder recovery providers looking for assistance in delivering better patient outcomes. For the study, researchers followed 225 […]

Telehealth OUD Treatment Just as Effective for Pregnant Women as In-Person Assistance

As telehealth services become a more widely available and accepted form of treatment, providers may find it useful in treating pregnant women battling opioid use disorder (OUD). In fact, OUD telemedicine treatment can be just as productive and successful as treatment patients might otherwise get in a clinic, new findings suggest. The study was published […]

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 […]

Hospital CEOs List Behavioral Health Among Top Concerns

Behavioral health and addiction issues were among hospital CEOs’ top concerns in 2019, according to a new survey.  The American College of Healthcare Executives (ACHE) asked 1,481 community hospital CEOs from across the country to rank 11 issues based on how much they were impacting the CEOs’ organizations. Nearly 400 CEOs responded to the survey, […]

SUD Care Optimization Platform axialHealthcare Raises $15M

A care optimization platform that helps patients, providers and health plans navigate substance use disorder (SUD) has raised $15 million in Series C funding. The money will be used to accelerate axialHealthcare’s expansion into the SUD treatment and recovery sector, according to a press release announcing the news. Oak HC/FT, .406 Ventures, BlueCross BlueShield Venture […]

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 […]

Movers & Shakers: CEO Changes at Promises, Children’s Harbor; NABH Adds Policy Director

Promises chairman named interim CEO Rob Waggener, the chairman of Nashville, Tennessee-based mental health and SUD treatment provider Promises Behavioral Health, has been named the company’s interim CEO. Waggener will retain his chair post as he temporarily takes the helm of Promises, which operates 10 facilities in Florida, Massachusetts, Pennsylvania, Texas and its home state […]

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 […]