Two Chairs and SonderMind have announced landmark expansions of their respective market footprints. The two venture capital-backed outpatient mental health companies have raised tens of millions of dollars to establish tech-enabled in-person and virtual operations, all within a broader, years-long movement of investor-driven expansion, consolidation and business infrastructure investment. On Tuesday, Denver-based SonderMind announced it […]
Since 2011, ABS Kids has grown from a 400-person operation to a workforce of nearly 5,000. It has done so across a footprint of more than 40 applied behavior analysis (ABA) therapy locations, while adding nearly a dozen diagnostic clinics in five states. In just the last two years, ABS Kids has also grown its […]
This is an exclusive BHB+ story Several larger behavioral health providers have inked partnerships with public entities as a way to expand access to care and seal valuable deals. These partnerships, worth tens of millions of dollars a year, are highly competitive, sources told Behavioral Health Business. While mutually beneficial, signing a high-profile deal with […]
Earlier in March, rumors swirled that applied behavior analysis (ABA) software company CentralReach was on the market and seeking a $1 billion valuation. Those rumors have quickly turned into reality. Roper Technologies Inc. (Nasdaq: ROP) announced Monday that it has reached a definitive agreement to buy CentralReach from Insight Partners for a net purchase price […]
Twenty-eight million adults in the U.S. have alcohol use disorder (AUD), and the life-threatening condition particularly impacts Medicaid populations. Despite the existence of evidence-based medications for AUD, less than half of all Medicaid managed care plans cover all types of medications for AUD, according to a new study published in JAMA Network Open. “The results […]
This is an exclusive BHB+ story Venture capital investors inherently take on risk when backing a new behavioral health company. Sometimes, that risk pays off in dividends. Other times, not so much. Deciding when an investment is no longer worthwhile is a difficult decision, investors told Behavioral Health Business. Investors want to avoid losing their […]
CEO transition at Ivy Rehab Ivy Rehab has named Jason Strauss its new CEO after the acting CEO, Michael Rucker, announced his plans to retire at the end of April. Strauss has 20 years of experience in the health care industry. Most recently, he served as CEO of ambulatory care provider SCA Health. His resume […]
Digital ABA software startup Motivity has raised $27 million to expand its team and accelerate product development. The Hawaii-based startup offers a software service that can collect data, provide analysis and offer reporting capabilities to support ABA therapy. The latest cash infusion will allow the company to expand its research and develop clinical decision-support tools. […]
The Trump administration’s drastic government workforce cuts may impact the substance use disorder (SUD) industry, and lawmakers are pushing back. The Substance Abuse and Mental Health Services Administration (SAMHSA), the federal organization that regulates and funds several aspects of the behavioral health industry, has already experienced a workforce cut – and may be facing far […]
As the opioid epidemic approaches its second decade of devastating impact, some health care providers are integrating evidence-based research into their clinical practice to combat this persistent crisis. Nonprofit substance use disorder (SUD) provider Caron Treatment Centers has taken the approach of integrating research into care. Caron’s Chief Medical Officer, Adam Scioli, said having research […]
By continuing to use the site, you agree to the use of cookies. more information
The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.
