Substance use disorder provider Caron Treatment Centers is looking to offer more step-down services for its patients by adding a new partial hospitalization program (PHP) to its flagship campus. Founded 65 years ago, the Wernersville, Pennsylvania-based organization cares for patients with substance use disorders. It operates in Pennsylvania, Florida, Washington D.C., Georgia and New York. […]
Author Health, a hybrid mental health startup helmed by ex-Optum leader Katherine Hobbs Knutson, landed a $115 million debut funding round. The new company focuses on providing virtual and in-office mental health services to seniors with Medicare Advantage plans. It launched in 2022 and started seeing patients in January 2023, Knutson, CEO of the company, […]
Chicago-based mental health care provider Stella has acquired the majority of ketamine-assisted therapy provider Field Trip Health & Wellness Ltd’s U.S. assets. The deal gives Stella a new line of business which its CEO says complements its existing offerings. Plus, the combined Stella-Field Trip assets will generate higher revenue and lower overhead than Field Trip […]
Sevita – one of the largest providers of community-based and in-home care services for people with intellectual and developmental disabilities (I/DD) in the nation – has named a new CEO. The company, formerly branded as The Mentor Network, announced Philip Kaufman’s appointment to the top executive position on Monday. A long-time UnitedHealth Group (NYSE: UNH) […]
Hopebridge Inc. hopes to win over staffers and potential employees with its new travel BCBA role. The essence of the Indianapolis-based autism therapy provider’s pitch goes something like this: help kids, travel the country, work in areas of greatest need, receive additional training — and get paid to do all that. Hopebridge and other autism […]
Invo Healthcare will shutter several applied behavior analysis (ABA) subsidiaries, Behavioral Health Business has learned. The company is altogether leaving the home-based and center-based autism therapy segments to focus on its legacy offering: school-based behavioral health services, including ABA. Officials with Invo Healthcare have said publicly and within the company that its efforts to overcome […]
The Center for Autism and Related Disorders’ (CARD) bankruptcy doesn’t foreshadow a new level of doom and gloom for the industry as a whole. Although CARD is one of the largest companies operating in the space, it shouldn’t be used as a bellwether for autism therapy’s future outlook, several insiders told Behavioral Health Business. “I’d […]
“That’s just the way they are, and speaking to a shrink is not going to help them.” Over the past several years, there has been a mounting effort in the U.S. to better integrate behavioral health services into nearly every facet of health care, starting with primary care. Despite this focus, behavioral health often remains […]
For 30 years, we’ve been chasing a panacea for mental health, trying to find the right prescription or the right mix of medications as a substitute for comprehensive treatment. More and more, doctors prescribe medication alone, even though such medications should be supported by counseling. The lack of qualified therapists is compounded by insurance companies […]
Several digital behavioral health companies are making the move from direct-to-consumer to business-to-business models, looking to create a larger market share. While a B2B approach may lead to a more extensive client base, companies looking to make the leap must be prepared to add higher privacy standards and the proven ROI that corporate entities expect. […]
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