PE-Backed Providers Eye Inpatient Mental Health Bed Shortages, Build New Psychiatric Hospitals

Inpatient psychiatric hospital companies are seeing market-specific opportunities to develop new facilities in the face of a decades-long national decline in psych beds. This new era is marked by growth-minded companies seeking to make the most of the massive demand for acute psychiatric services and other high-acuity services. For example, privately held Summit BHC (backed […]

Here Are 20+ of the Fastest-Growing Behavioral Health Companies in the U.S.

Outpatient mental health and autism treatment providers make up most of the behavioral health operators that appear on the latest Inc. 5000 list of the nation’s fastest-growing companies. Seventeen of the 23 behavioral health operators featured on the list of the nation’s fastest-growing companies were outpatient mental health and autism treatment providers, according to a […]

Resilience Lab Hires WeWork Vet to Jump-Start Growth

New York City-based hybrid mental health provider Resilience Lab has added three high-level leaders to its management team. On Wednesday, Resilience Lab announced it hired Patrick Morselli as chief operating officer, John Hamby as general manager, and Alyssa Lin as head of growth. The hires are key to the company’s expansion strategy. All three have […]

How CMS’ Primary Care Plus Model Triggered Massive Behavioral Health Integration

Forty-five percent of providers that used the Comprehensive Primary Care Plus model (CPC+) reported co-locating behavioral health services in their clinics. That’s according to a recent evaluation report released by the Center for Medicare & Medicaid Innovation (CMMI). CPC+ was a test of how primary care providers can form close partnerships with the federal government, […]

Former NIH Leader Insel Looks to Transform Serious Mental Illness Care with Vanna Health

Investor darlings, behavioral health companies raised a whopping $5.1 billion in 2021. But the bulk of interventions focused on patients with mild to moderate mental health conditions. Former National Institutes of Health (NIH) Mental Health Director Dr. Thomas Insel’s new venture, Vanna, is looking to change that paradigm. The for-profit startup connects people with serious […]

Therapeutic Ketamine Providers Seeing Growth, But Guardrails Are Needed

Therapeutic ketamine providers are seeing growth and positive patient outcomes, but companies caution that the business requires guardrails as it expands. The drug ketamine was originally invented in the 1960’s as a surgical anesthetic for humans and animals. But ketamine’s dissociative and hallucinogenic properties meant people have also used it recreationally, and more recently, for […]

UPMC Sees Virtual Behavioral Health Surge from Patients With Commercial Insurance, Sees Opportunity for MAT Services

More people are comfortable using telehealth as behavioral health services utilization has taken off from commercially-insured patients, according to one major health system. University of Pittsburgh Medical Center (UPMC), whose provider network encompasses 140 hospitals throughout Pennsylvania – as well as in parts of Ohio, West Virginia and Maryland – said its behavioral health volume […]

Osmind Raises $40M to Scale Mental Health Treatment, Research EHR

Public benefit corporation Osmind Inc. announced Tuesday it completed a $40 million Series B funding round. The San Francisco-based startup will use the funding to further develop its electronic health record (EHR) technology for mental health research and treatment, advance research with new partners, and double the size of its workforce, according to a news […]

43% of Medicare Opt-Outs Are Behavioral Health Providers

Medicare beneficiaries may have trouble accessing behavioral health care, as clinicians in that field make up a sizable portion of all practitioners who opt out of the program. About 43% of the 28,000 providers who refuse Medicare reimbursement work in behavioral health disciplines such as psychiatry, clinical social work, addiction medicine and psychology, among others […]