Over the past several months, health care organizations have been propping up telehealth programs left and right in response to the coronavirus. Substance use disorder (SUD) treatment providers are no exception. According to a new survey by the digital behavioral health solutions provider Tridiuum, more than 80% of behavioral health providers started using telehealth for […]
Lyra Health — a mental health care benefits provider — has raised $110 million in Series D funding, the company announced Tuesday. Addition led the round, with funding also coming from Adams Street Partners and existing investors, such as former Starbucks CEO Howard Schultz, Casdin Capital, Glynn Capital, Greylock Partners, IVP, Meritech Capital Partners, Providence […]
Evolve Treatment Centers opens two new locations Evolve Treatment Centers has opened two new residential treatment centers for teens. Both centers are located in the East Bay, with one in Walnut Creek, California, and the other in Lafayette, California. Los Angeles-based Evolve has 13 locations across the state of California. It specializes in treating teens […]
Amid the COVID-19 emergency, all eyes have been on skilled nursing facilities (SNFs) and hospitals — and for good reason. SNFs have accounted for more than 40% of the nation’s COVID-19 deaths, while hospitals have grappled with bed and personal protective equipment (PPE) shortages. As a result, the U.S. Department of Health and Human Services […]
Amid the COVID-19 emergency, behavioral health providers are struggling. They’re grappling with increased costs and decreased revenues, while also seeing more demand for their services. As a result, 71% of organizations have had to cancel, reschedule or turn away patients over the past three months, according to a recent survey by the National Council for […]
Acorn Health — a national provider of applied behavior analysis (ABA) therapy — has acquired the ABA therapy assets of Concord Foundations Network. Financial terms of the deal were not disclosed. Founded in 2018, Coral Gables, Florida-based Acorn is a portfolio company of the private equity (PE) firm MBF Healthcare Partners. It provides center-based and […]
The National Council for Behavioral Health has launched a new Certified Community Behavioral Health Clinic (CCBHC) Success Center, with the goal being to help more providers across the nation adopt the model. Based in Washington, D.C., the National Council is a behavioral health advocacy organization with more than 3,300 members across the country, most of […]
Adventist Health, a multi-state integrated health system, and Synchronous Health, a tele-behavioral health startup, have entered into a strategic partnership. As part of the agreement, Adventist will invest in the telehealth platform. Roseville, California-based Adventist Health is a nonprofit that provides care through hospitals, clinics, home-based care agencies, hospices and joint-venture retirement centers in more […]
The former CEO of a Pennsylvania addiction treatment center has been sentenced to three years in federal prison for his role in a fraud scheme. Jason Gerner — who founded Yardley, Pennsylvania-based Liberation Way in 2015 after recovering from opioid addiction himself — was sentenced Monday. The punishment comes after he pleaded guilty to charges […]
Brightline — a virtual pediatric behavioral health care startup — has raised $20 million in Series A funding, the company announced Wednesday. Threshold Ventures and previous investor Oak HC/FT led the funding round. Blue Shield of California, Blue Cross Blue Shield of Massachusetts, Boston Children’s Hospital, SemperVirens VC, Rock Health and City Light Capital also […]
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