Pipeline: Monte Nido & Affiliates Entering New State; LifeStance Health Expands in Two Markets

Monte Nido & Affiliates to enter Georgia  Monte Nido & Affiliates — a PE-backed eating disorder treatment provider — has announced that it is entering the state of Georgia, where it will add two programs. Headquartered in Malibu, California, Monte Nido offers the continuum of eating recovery services, from residential to day treatment. It is […]

Hospitals Cutting Behavioral Health Beds as Demand Grows

Amid COVID-19, hospitals nationwide have been forced to cut or repurpose behavioral health beds to make room for coronavirus patients. At the same time, overdoses and suicides are on the rise.   In New York state — which once contained the country’s worst COVID-19 hotspot — the problem is especially pronounced, the Wall Street Journal has […]

New CEO of Acadia-Owned Addiction Facilities Aims to Bolster Specialty Programs, Employee Satisfaction

In August, Sierra by the Sea and Sunrise Recovery Ranch welcomed a new CEO in Michelle Beaudoin, an 20-plus-year veteran of the behavioral health industry.  The California-based addiction treatment providers are part of the Sierra Tucson Group, which is owned by the behavioral powerhouse Acadia Healthcare (Nasdaq: ACHC). The scenic facilities provide residential treatment, partial […]

Quit Genius Scores Partnership with Cigna’s Evernorth

Quit Genius, a digital clinic that treats addiction, has scored a partnership with Evernorth, Cigna Corporation’s (NYSE: CI) new health services segment. The agreement makes the San Francisco-based digital therapeutics company the first and only nicotine cessation solution available through the Evernorth Digital Health Formulary, previously known as the Express Scripts Digital Health Formulary. Express […]

Transactions: SPG Expands Footprint with Autism Deals; Behavioral Health Group Enters Rhode Island

PE-Backed SPG Acquires Two Autism Services Companies  SPG — a portfolio company of Ridgemont Equity Partners and a provider of behavioral health and therapeutic services to children with autism and other disabilities — has added two new autism services companies.  Those include Southern California-based Go2Consult, a speech and language services provider for school districts, and […]

President Trump Targets Behavioral Health with Latest Executive Order

President Donald Trump has signed an executive order designed to improve behavioral health and prevent suicide in America. It blames COVID-19-related shutdowns for worsening Americans’ mental health.  The executive order, signed Monday, establishes a cabinet-level working group to assess the mental health needs of America’s most vulnerable citizens. That includes elderly adults, minorities, children, veterans […]

NYU Langone, MindMed Launch Psychedelic Medicine Training Program with Behavioral Focus

Psychedelic medicine biotech company MindMed and NYU Langone Health have partnered to launch a new research training program for psychedelic therapies and medicines, with a special focus on behavioral health. Based in New York City, NYU Langone Health is an academic medical center affiliated with New York University. It has long been a pioneer in […]

House Passes ER Suicide Screening Bill

The House of Representatives has passed a bill designed to improve and enhance suicide screenings in emergency departments. If signed into law, it would set aside funding to help hospitals improve suicide protocols. The Effective Suicide Screening and Assessment in the Emergency Department Act (HR 4861) aims to help medical professionals working in emergency departments identify, […]