Movers & Shakers: Odyssey Behavioral Healthcare Hires COO; Promises Behavioral Health’s New Marketing Chief

Odyssey Behavioral Healthcare names new president, COO Brentwood, Tennessee-based Odyssey Behavioral Healthcare, which provides a variety of treatment services at centers in seven states, has named Richard Clark as president and COO. Clark has more than 30 years of experience in health care, most recently serving as president of the Western Group for Franklin, Tennessee-based […]

In the Pipeline: Banner Health Opens New Clinic; Providers Prep for Groundbreakings

Opened Banner Health opens new Colorado unit Phoenix-based health care nonprofit Banner Health has opened a new behavioral health unit in Loveland, Colorado, in the northern part of the state. The 17-bed outpatient facility, which serves adults ages 55 and older, is located at McKee Medical Center on the hospital’s second floor. McKee is also […]

Community Health Workers Save Money, Improve Outcomes By Tackling Social and Behavioral Needs

By addressing social determinants of health and coordinating care, community health workers help save Medicaid payers significant amounts of money, while also leading to better overall outcomes for patients, a new study asserts. The findings could reasonably be applied to behavioral health providers. By offering preventative care to address social factors, the study suggests organizations […]

Behavioral Health Real Estate Sparks Interest of Institutional Capital

As stigma decreases and demand for behavioral health services grows, institutional capital is taking notice, with behavioral health real estate being one hot new area of interest.  First movers like Sabra Health Care REIT are hoping to take advantage of the emerging market. “None of our peers are in the space at this point,” Sabra […]

Movers & Shakers: NuWay House Creates More VP Positions; New Directors at Origins, Laurel Place

Maryland health system names new behavioral health director The University of Maryland Shore Regional Health (UM Shore), which serves patients on the state’s Eastern Shore, has named Patricia Thompson as its behavioral health director. Thompson’s duties include leading UM Shore’s inpatient behavioral health unit, intensive outpatient program, bridge clinic, behavioral health response team and substance […]

NABH’s New CEO Tackles Lofty Goals in Year, Decade Ahead

The National Association for Behavioral Healthcare (NABH) is kicking off the new decade with a new leader. Shawn Coughlin took over as president and CEO of the trade association Jan. 1, following the retirement of the organization’s long-time leader Mark Covall, who headed up NABH for the past 24 years. With Coughlin at the helm, […]

Digital Startups Lead 2019 List of Top Behavioral Health Fundraisers

As stigma dissipates and need grows, more people than ever before are seeking behavioral health services. To keep up with the demand, entrepreneurs are getting creative, launching innovative companies and bringing in hundreds of millions of dollars in funding.  One reason for that is the growing prevalence of behavioral health conditions, from depression to substance […]

Evolve Treatment Center Opens New Residential Facility for Teens

Evolve Treatment Center has opened up a new residential facility for teenagers in the Bay Area.  The new program will provide 24-hour treatment services for teens struggling with a variety of mental health and substance abuse services such as depression, anxiety, PTSD, psychosis and more. The 2.4-acre home, where patients are intended to live while […]

M&A Advisor: With Highest Multiples in Behavioral Health, Autism Market is ‘Out of Control’

As the need for behavioral health services continues to increase, so does buyer interest in the $230 billion industry, which advisors say is growing 4% every year. However, all deals in the space are not created equal. For example, despite being one of the smallest and most immature subsectors within behavioral health care, the $7 […]