This is an exclusive BHB+ story Staffing has long been the No. 1 challenge for autism services operators. The supply and demand disparity has led to long waitlists for care and frustrated parents. However, some providers are now looking to empower frustrated parents by giving them a larger role in their child’s care. The industry […]
The dramatic demise of Retreat Behavioral Health nears its end as its South Florida facility is sold as part of a global settlement among the addiction treatment provider’s remaining partners and creditors. On Monday, the South Florida Business Journal reported that the now-shuttered facility at 4020 Lake Worth Road in Palm Springs, Florida, was sold […]
As part of its new $40 million capital infusion, New York City-based digital health provider Sword Health has announced the company’s first foray into the mental health space. The company is now valued at $4 billion – a valuation that has jumped by $1 billion from last June. Until now, Sword Health has primarily offered […]
This is an exclusive BHB+ story Increasingly, employers are paying for addiction care for their staff, disrupting the status quo. It’s changing the way providers view reimbursement and how they operate by placing new expectations on measurable results, transparency and speed. By stepping into the payer role, employers are reshaping stigma, return on investment and […]
Virtual mental health provider Headspace is launching direct-to-consumer therapy. This is a first for the provider, which has traditionally offered its therapy programs through the employer market. Direct-to-consumer clients will be able to use their insurance coverage for therapy. This isn’t the company’s first foray into the D2C space; the provider offers a consumer subscription […]
All fentanyl-related substances could soon be classified as Schedule I substances by the Attorney General and the Drug Enforcement Administration. The bipartisan but Republican-led Halt All Lethal Trafficking of Fentanyl Act, also called the “HALT” Fentanyl Act, cleared the House and Senate as of June 12 and will soon hit President Trump’s desk to be […]
This is an exclusive BHB+ story While workforce woes have begun to improve in the behavioral health industry overall, the idea of mandatory staffing minimums in psychiatric hospitals has started to circulate. For many of us, 2004 was the year of low-rise jeans, wearing dresses with pants and LiveStrong bracelets. If you were in the […]
Miramar, Florida-based mental health and addiction treatment provider Evoke Wellness has settled a lawsuit from the Federal Trade Commission over its advertising practices for $1.9 million. Initially, a $7 million civil penalty was imposed on the company, but it was suspended due to the company’s “inability to pay the full amount,” according to an FTC […]
Shreveport, Louisiana-based Seaside Healthcare has sold off its two major behavioral health divisions. SUN Behavioral Health has purchased its outpatient therapy business. The Graph Group has acquired its acute and intermediate behavioral health care services. Seaside Healthcare’s now-previous backer, Pharos Capital Partners, sold the company’s assets in different parts to maximize the clinical offering of […]
Regulatory changes have bombarded the addiction treatment space since Citizen Advocates CEO James Button took the reins at the company in 2020 – an especially precarious time for health care in general. The biggest change he has seen since taking the helm? Balancing patient preferences and new regulations. “We have to stay on our feet […]
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