As demand for behavioral health services continues to climb, so too does the adoption of interventional psychiatry like Transcranial Magnetic Stimulation (TMS) and psychedelic therapies like ketamine treatments. Sherry Rais, the CEO and co-founder of Enthea, which provides insurance plans for interventional psychiatry methods like psychedelic-assisted therapy and TMS, said she has seen a 6,000% […]
The longtime CEO of Discovery Behavioral Health, John Peloquin, has retired and been replaced by Tom Britton, an executive who has held a handful of roles in the behavioral health industry over the last few years. The Irvine, California-based mental health and addiction treatment provider was formed in 2018 following the merger of Webster Equity […]
San Francisco-based Amae Health has raised $25 million as part of a Series B funding round. The fresh capital will be invested in opening Amae clinics across the U.S., expanding its AI-driven care platform, strengthening partnerships with academic medical centers and supporting research on serious mental illnesses (SMIs). To date, the SMI treatment provider has […]
This is an exclusive BHB+ article The behavioral health ecosystem is typically framed as a three-part system: patient, provider, and payer. But this model leaves out a crucial partner, particularly for patients with serious mental illness (SMI) and substance use disorder: the pharmacy. Adherence rates for medications across behavioral health are low. And missing medication, […]
Outpatient mental health platform ARC Health has refinanced its debt with a $181.5 million credit facility from an unnamed lender. Details of the development are sparse. Houlihan Lokey, the firm that handled the placement, declined to offer additional details. ARC Health has not yet responded to a request for comment. This story may be updated. […]
Baton Rouge, Louisiana-based Beacon Behavioral Partners and its private equity backer, Latticework Capital, are prepping the psychiatric services provider for an exit, according to media reports. Axios reported last week that the sale process will be a competitive auction set to begin in early 2026. The report also states that Beacon Behavioral Health is bringing […]
Acadia Healthcare Co. (NASDAQ: ACHC) will shutter multiple branded treatment entities across the country, impacting hundreds of roles. In September, Behavioral Health Business reported the provider would eliminate 90 positions in North Carolina and close one of its Indiana facilities. New public data and commentary from the company show that this bout of closures is […]
Acadia Healthcare Co. Inc. (Nasdaq: ACHC) is facing pressure from an activist investor who has called for a range of changes at the company. New York City-based Engine Capital published its letter to the Acadia Healthcare board of directors on Wednesday, calling out the company’s perceived missteps and proposing a handful of reforms that it […]
For-profit psychiatric beds now make up nearly one-third of all freestanding beds. Beds at government hospitals – which once dominated two-thirds of the sector – are continuing to shrink, a new study says. Three years ago, privately held providers, such as Summit BHC and PAM Health made moves to build new facilities after the pandemic […]
A new behavioral health provider is aiming to address two of the industry’s biggest challenges: the rising cost of pediatric inpatient care and the need to develop a skilled, sustainable workforce. Embark Behavioral Health vet Chris Perkins is launching a new youth-focused behavioral health provider dubbed Velocity. The facility, slated to open this fall, will […]
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