This May, Cara McNulty posted on LinkedIn that she was stepping down as president of behavioral health and mental well-being at CVS Health (NYSE: CVS). She wrote warmly of her five-year tenure at CVS, calling it the “experience and honor of a lifetime” while praising company CEO Karen Lynch as “a leader of leaders.” But […]
Category: Psychiatric Care
BasePoint Academy is a father-son business whose start was inspired by a family tragedy. Twelve years ago, Brittany Serpa, the sister of BasePoint’s CEO Blake Serpa, and daughter of company chairman Roy Serpa, completed suicide after struggling as a teen with bipolar disorder. Then in 2019, Roy Serpa, a longtime health care executive, began to […]
After a year and a half of scale-backs and tempered growth, LifeStance Health (Nasdaq: LFST) is planning a return to M&A. The target for that comeback: 2026. LifeStance is still completing processes designed to improve efficiency, David Bourdon, the company’s chief financial officer, said at the 22nd Annual Morgan Stanley Healthcare Conference on Wednesday. Along […]
Acadia Healthcare Co. Inc. (Nasdaq: ACHC) faces another round of scrutiny regarding its oversight of its facilities. On Sunday, The New York Times published a report that highlighted several questionable and potentially dangerous practices at some of Acadia’s psychiatric hospitals, with NYT citing interviews with dozens of current and former Acadia Healthcare employees and patients. […]
Delivering behavioral health services requires a nuanced approach, where providers truly understand the needs of their patients. That’s especially true when delivering care to specialized and particularly vulnerable populations, including those living with cancer. Dr. Guy Maytal serves as chief of integrated care and psychiatric services for Forge Health, an outpatient mental health and substance […]
Chandler, Arizona-based Embark Behavioral Health is undergoing a leadership transition. On Wednesday, the private equity-backed child and young adult behavioral health provider announced that Alex Stavros, its CEO of 13 years, will step away from daily management and into a board member role. Embark Behavioral Health named Scott Filion as its new CEO, effective September […]
Nearly a quarter of the U.S. adult population received mental health treatment in 2023. That’s according to the Substance Abuse and Mental Health Services Administration’s new 2023 National Survey on Drug Use and Health (NSDUH) report. “Each year, data from the annual NSDUH provides an opportunity to identify and address unmet healthcare needs across America,” […]
Ghost networks remain a major problem in health care – and behavioral health is no exception. Broadly, ghost networks create barriers for individuals trying to access behavioral health services through their payer. There are many reasons why ghost networks exist, with payers and providers both contributing to the problem. In this BHB+ TALKS conversation, senior […]
Fourteen percent of high school students say that they have misused prescription opioids, placing them at higher risk of overdose, mental health issues and suicide. While the number of teens using opioids has declined in recent years, a new virtual treatment option has emerged for some teens still struggling with opioid use disorder (OUD). Virtual […]
Patients diagnosed with both opioid use disorder (OUD) and a psychiatric condition can experience decades-long delays before receiving treatment and significant barriers to care. A new partnership between OUD treatment provider Ophelia and hybrid mental health provider Thriveworks is seeking to provide an accessible pipeline to care for patients with co-occurring OUD and psychiatric disorders. […]
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