Providers Beware: Behavioral Health Fraud Investigations, Recoveries on the Rise

Most behavioral health providers agree it’s a good thing: The federal government continues to funnel more money into behavioral health initiatives, such as fighting the opioid epidemic and funding certified community behavioral health clinics (CCBHC). But as providers find themselves with more federal dollars, they’re also more likely to face increased scrutiny over their practices, […]

In the Pipeline: CARD Opens Latest Center; New Substance Abuse Facilities

Opened CARD opens new facility Woodland Hills, California-based Center for Autism and Related Disorders (CARD), one of the largest national autism treatment providers, has opened a new facility in Gilbert, Arizona, southeast of Phoenix. The organization, which provides applied behavioral analysis (ABA) therapy to individuals of all ages, operates 10 locations in Arizona, including the […]

Cimarron Healthcare Capital Completes Acquisition of Ascent Behavioral Health

Private equity firm Cimarron Healthcare Capital has completed its acquisition of Ascent Behavioral Health. The deal comes in partnership with the Ascent’s management team, private credit asset management firm Monroe Capital and PE firm Veronis Suhler Stevenson. Financial terms of the transaction were not disclosed. Salt Lake City, Utah-based Ascent operates six residential behavioral health […]

Movers & Shakers: Odyssey Behavioral Healthcare Hires COO; Promises Behavioral Health’s New Marketing Chief

Odyssey Behavioral Healthcare names new president, COO Brentwood, Tennessee-based Odyssey Behavioral Healthcare, which provides a variety of treatment services at centers in seven states, has named Richard Clark as president and COO. Clark has more than 30 years of experience in health care, most recently serving as president of the Western Group for Franklin, Tennessee-based […]

Behavioral Health Leaders Urge Congress to Expand CCBHC Medicaid Demonstration

Dozens of behavioral health organizations are urging Congress to expand the Certified Community Behavioral Health Clinic (CCBHC) Medicaid demonstration, which is set to expire May 22.  In a letter released Tuesday, 60 stakeholders asked lawmakers to extend the demonstration for the eight states currently participating and expands the program to nearly a dozen more states. […]

In the Pipeline: Banner Health Opens New Clinic; Providers Prep for Groundbreakings

Opened Banner Health opens new Colorado unit Phoenix-based health care nonprofit Banner Health has opened a new behavioral health unit in Loveland, Colorado, in the northern part of the state. The 17-bed outpatient facility, which serves adults ages 55 and older, is located at McKee Medical Center on the hospital’s second floor. McKee is also […]

UHS Behavioral Health President ‘Willing to Lead Differently,’ Set New Collaboration Standard

As 2020 kicks off, so does the beginning of Matt Peterson’s first full calendar year with Universal Health Services (NYSE: UHS). Peterson joined the hospital management behemoth last September, when he was named president of the company’s behavioral health division and executive vice president of UHS as a whole. With a background in finance, managed […]

Snapchat Announces New Mental Health Tool, Considers Partnerships with Providers

Social media platform Snapchat, which allows users to send videos and photos that disappear shortly after they’re opened, will soon roll out a new mental health feature. While many details surrounding the feature, called Here For You, remain fuzzy, the tool could create new opportunities for behavioral health providers, a spokesperson for the platform’s parent […]

New Educational Initiative Aims to Boost Psychiatric Care Workforce

The demand for behavioral health services nationwide these days is strong, with more than half of Americans seeking assistance for themselves or loved ones. However, the supply of clinicians is not keeping up with the demand for services. In California, where a shortage of behavioral health care workers has made national news in recent years, […]

Headspace Raises $93M to Tackle Chronic Conditions, Fuel Expansion

Headspace has raised $93 million in Series C funding, the company announced Wednesday. That breaks down to $53 million in equity from investors and $40 million in debt financing from Pacific Western Bank. In total, the Santa Monica, California-based mindfulness and meditation company has raised $168.2 million in its decade-long lifetime, according to the fundraising […]