The demand for behavioral health services continues to outpace the supply of services. In particular, the demand for eating disorder and anxiety disorder treatment has grown significantly since 2019, according to a new report by Trilliant Health. For example, the visit volume for eating disorders has increased by 52.6% from 2019 to 2022. Additionally, visit […]
Category: Eating Disorders
After naming a new CEO and changing ownership in late 2022, eating disorder provider Monte Nido & Affiliates is set on growing its footprint while expanding access to its services. To execute that mission, the private equity-backed company has tapped health care veteran Cassie McLean, who has worked in the sector for decades, most recently […]
Digital eating disorder provider Equip has made headlines this year after announcing a nationwide expansion and closing a $58 million Series B funding round. The San Diego-based startup is quickly expanding its team, too. Over the summer, it named health care veteran Meaghen Greene its next chief commercial officer. Greene is joining the team after […]
Private equity firm Revelstoke Capital Partners has closed on its acquisition of eating disorder operator Monte Nido & Affiliates for an undisclosed sum, following rumors about the deal last month. Founded in 1996, Monte Nido has five brands and 45 facilities in 15 states. The provider’s main demographic is women aged 14 to 28. The […]
Fueled with $4 million in funding, Arise, a new virtual eating disorder startup, is looking to treat more consumers through personalized care. This is part of the growing trend to treat specific mental health conditions, such as eating disorders, OCD and insomnia, in a virtual medium. Interest from investors and consumers have led to over […]
Monte Nido & Affiliates, a national eating disorder treatment provider, is under new ownership, according to a new report by Axios Pro. Denver-based health care-focused private equity firm Revelstoke Capital Partners reportedly won the bid for Monte Nido & Affiliates. The Beverly Hills, California-based Levine Leichtman Capital Partners presently owns Monte Nido. Levine Leichtman first […]
Digital eating disorder provider Equip has announced its nationwide expansion. The virtual provider will now be able to see patients in all 50 states and Washington, D.C. The San Diego-based company began seeing patients in October 2020. Less than a year later, it inked its first payer partnerships with UnitedHealthcare. Now, it works with a […]
Since its founding in 2019, virtual provider Equip has been doing its part to help stem the tide of eating disorders. Now, after having proved its outcomes-based treatment approach to insurer Aetna, the two companies are partnering to offer services to plan beneficiaries. Aetna – which is owned by pharmacy giant CVS Health (NYSE: CVS) […]
Aetna has announced that it is partnering with eating disorder treatment provider Equip to provide virtual treatment services to the insurer’s commercial members. The program will initially be rolled out to Aetna members in California, New Jersey, New York, Oregon, Texas and Washington, with hopes to roll it out to more states next year. The […]
The nation’s behavioral health industry keeps growing, with current estimates pegging it to be worth $90 billion. And for those on the frontline advocating for the industry, it is an especially busy time. Like everyone else, the ongoing – and seemingly neverending – pandemic remains front-and-center in the consciousness of behavioral health leaders, as they […]
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